3 Year return

7.63%
Launched on January 2013 (11 years)

Investment Details

₹100

Minimum SIP Amount

₹500

Minimum one time investment

Fund has no lock-in period

Calculate Returns

Based on past performance of this fund

ENTER AMOUNT

Your Investment ₹3,00,000
Gain
  • Total Value

ENTER AMOUNT

Your Investment
Gain
  • Total Value

Risk Involved

scale

Your principal will be at

Moderately High Risk

Scheme Information

Asset Under Management

₹342.01 Cr.

Expense Ratio

0.88% (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
2
4

Tax Implications

Withdrawal within 3 years

Tax based on your income tax bracket

Withdrawal after 3 years

20% tax after indexation (adjusting for inflation)

Fund Holdings

Holdings

Axis Mutual Fund Managers

DS

Devang Shah

Fund Manager since Jun 2017

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 Regular Saver Fund Direct Plan Growth

The Axis Regular Saver Fund Direct Plan Growth is a liquid fund managed by Axis Mutual Fund. It is a direct plan, which means that you will pay lower fees than if you invested in a regular plan. The fund has a growth option, which means that your investment returns are reinvested in the fund to grow your investment over time.

Investment Objectives of the Scheme

The investment objective of the Axis Regular Saver Fund Direct Plan Growth is to generate regular income by investing in a portfolio of money market instruments. The fund seeks to achieve its objective by investing in a diversified portfolio of money market instruments and by actively managing its portfolio.

Key Features of The Fund

5-year return 8.15%
Expense Ratio 0.88%
Fund Manager Devang Shah
Fund Size ₹342.01 Cr
Risk Profile Moderately High

Is This Scheme Right for Me?

The Axis Regular Saver Fund Direct Plan Growth is a good option for investors who are looking for an investment that generates regular income with low risk. The fund is suitable for investors who have a low risk tolerance and are looking for an investment that can help them meet their short-term financial goals. Here are some factors to consider when deciding if this scheme is right for you: Your risk tolerance: The fund is a liquid fund, which means that it carries very low risk. However, you could still lose money if interest rates fall or if the issuer of the money market instrument defaults. If you are risk-averse, you may want to consider a different type of fund, such as a savings account. Your investment horizon: This fund is suitable for investors who have a short-term investment horizon of up to 1 year. If you are planning to withdraw your money in the long term, you may want to consider a different type of fund, such as an equity fund. Your understanding of money market instruments: Money market instruments are a type of debt instrument that has a short maturity period. If you are not familiar with money market instruments, then you may want to consult with a financial advisor.

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.

FAQs

What is today's NAV of Axis Regular 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 Regular Saver Fund May 08 2024 is 31.264

What is the AUM of Axis Regular 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 Regular Saver Fund is 342.01 crore.

What is the expense ratio of Axis Regular 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 Regular Saver Fund is 0.88%

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

The Axis Regular Saver Fund was launched on Jan 01 2013. The fund has delivered a CAGR of 9.04 since inception.

What is the minimum SIP amount to invest in Axis Regular 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 Regular Saver Fund is 100.

How do I invest in Axis Regular 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 Regular 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 Regular 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 Regular 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.