3 Year return

10.95%
Launched on July 2015 (9 years)

Investment Details

₹100

Minimum SIP Amount

₹500

Minimum one time investment

Fund has no lock-in period

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Risk Involved

scale

Your principal will be at

Moderately High Risk

Scheme Information

Asset Under Management

₹900.23 Cr.

Expense Ratio

1.03% (inclusive of GST)

Exit Load

If redeemed/swich out within 1 months from the date of allotment: - For 10% of investment : Nil - For remaining investment : 1%1.00% - If redeemed/switched out on or within 1 months from the date of allotmentNIL - If redeemed/switch out after 1 months from the date of allotment.

Ratings

ARQ Rating
2

Ratings by other agencies

3
0
5

Tax Implications

Withdrawal within 1 year

Exit load + 15% tax on gains

Withdrawal after 1 year

10% tax on gains over ₹1 Lakh per financial year

Fund Holdings

Holdings

Axis Mutual Fund Managers

RS

R Sivakumar

Fund Manager since Jul 2015

View Details

Fund House Details

Axis Mutual Fund

Axis Mutual Fund Asset management company

AUM ₹275,166.00 Cr.
No. of Schemes 248
Setup Date NA

Peer Comparison

Comparison with other similar funds

Schemes by Axis Mutual Fund

List of mutual fund schemes by AMC

About Axis Equity Saver Fund - Direct Plan (Growth)

Axis Equity Saver Fund, offered by Axis Mutual Fund, falls under the hybrid fund category. It aims to provide investors with capital appreciation over the long term while also generating regular income through investments in equities and debt instruments.

Investment Objectives of the Scheme

The primary objective of Axis Equity Saver Fund is to offer investors a balanced investment avenue by allocating funds in both equities and debt instruments. This strategy seeks to provide a potential for capital appreciation through equities and stable returns through debt securities. The fund aims to strike a balance between risk and return, making it suitable for investors seeking moderate growth with lower volatility.

Key Features of The Fund

5-year return 11.28%
Expense Ratio 1.03%
Fund Manager R Sivakumar
Fund Size ₹900.23 Cr
Risk Profile Moderately High

Is This Scheme Right for Me?

Axis Equity Saver Fund is suitable for investors who have a medium to long-term investment horizon and are willing to assume a moderate level of risk. If you are looking for a diversified investment approach that combines the growth potential of equities with the stability of debt instruments, this fund could be a suitable option. It is also well-suited for investors who are new to mutual funds and wish to start with a balanced portfolio. Please note that investment decisions should align with your financial goals, risk tolerance, and investment horizon. It's advisable to consult a financial advisor before making any investment choices.

AMC Contact Details

Name Axis Mutual Fund
Launch Date January 2009
Addresss Axis House, First Floor, C-2, Wadia International Centre, Pandurang Budhkar Marg, Worli, Mumbai - 400025
Contact 8108622211
Email customerservice@axismf.com
Website https://www.axismf.com/

Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.

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FAQs

What is today's NAV of Axis Equity Saver Fund?

NAV, or Net Asset Value, is the price of a single unit of a mutual fund. It is calculated by dividing the current value of holdings held by the mutual fund scheme at the end of the day by the total number of units issued. The NAV changes every day. The NAV of Axis Equity Saver Fund Jun 21 2024 is 23.1

What is the AUM of Axis Equity Saver Fund?

Short for Asset Under Management, AUM means the total assets held by a mutual fund scheme. The AUM of the fund changes every day based on the fluctuation in the price of the underlying assets. Fund houses don't update AUM on a daily basis. They only update it at the end of the month and release it within a few days of the following month. The AUM of Axis Equity Saver Fund is 900.23 crore.

What is the expense ratio of Axis Equity Saver Fund?

The expense ratio is the annual charges you pay to the mutual fund house for managing your investments. It is a percentage of Assets Under Management. It is deducted from the fund’s returns. The expense ratio of Axis Equity Saver Fund is 1.03%

What are the returns of Axis Equity Saver Fund since inception?

The Axis Equity Saver Fund was launched on Jul 27 2015. The fund has delivered a CAGR of 9.91 since inception.

What is the minimum SIP amount to invest in Axis Equity Saver Fund?

A Systematic Investment Plan (SIP) in mutual funds allows you to invest small amounts periodically instead of a one-time investment. The frequency of investment can be monthly, quarterly, half-yearly or annually, as per your convenience. The minimum SIP for Axis Equity Saver Fund is 100.

How do I invest in Axis Equity Saver Fund?

  1. Make sure you are logged in to Angel One.
  2. Select the type of investment: SIP or one-time.
  3. In case of an SIP, select the amount and date and click ‘Start SIP’. In case of a one-time investment, enter just the amount.
  4. Proceed by clicking the pay button and choosing your mode of payment.
  5. Your portfolio will be updated with this investment in 3-5 working days.

How to start an SIP in Axis Equity Saver Fund?

  1. Click on the ‘Invest’ button.
  2. Enter your desired SIP amount and the SIP date.
  3. You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
  4. Choose your payment method between UPI and Net Banking.
  5. Make your payment.
  6. Your SIP is created.

How do I automate an SIP in Axis Equity Saver Fund?

  1. Once you create an SIP, click on ‘Set up autopay’
  2. Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
  3. Once you verify the OTP, your mandate request will be created.

How can I withdraw/redeem my investment in Axis Equity Saver Fund?

  1. Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
  2. Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
  3. Verify the details on the ‘Confirm withdraw’ screen.
  4. Select the bank account in which you want to receive the funds.
  5. You will receive your funds within three working days of placing the order.
  6. You can track your order in the ‘Orders’ section.