Axis Equity Hybrid Fund Direct Growth
Min amount: ₹500
- Fund Summary
- More about Fund
- Related funds
- Why Cleartax
|Risk||Very High Risk|
|Fund Type||Aggressive Allocation|
|Exit Load||1% for 365 Days|
More about this fund
|Clearing Corporation Of India Ltd||7.66%|
|Tata Consultancy Services Ltd||5.49%|
|Bajaj Finance Ltd||5.33%|
|HDFC Bank Ltd||5.09%|
|ICICI Bank Ltd||4.68%|
|Avenue Supermarts Ltd||4.18%|
|Kotak Mahindra Bank Ltd||3.81%|
|Housing Development Finance Corp Ltd||3.68%|
|Reliance Industries Ltd Shs Dematerialised||3.64%|
About Axis Equity Hybrid Fund - Direct Plan - Growth
The Axis Equity Hybrid Fund is an equity-oriented fund which invests across both equity and debt instruments, with more weightage given to the equity front. This fund is apt for those investors looking to diversify their portfolio by inclining more towards equity assets.
Pros and Cons of Axis Equity Hybrid Fund - Direct Plan - Growth
Investing in this fund is an excellent way to gain exposure to a portfolio consisting of both debt and equity assets. This fund provides a balance between risk and rewards through its portfolio diversification. Risk-averse investors must be mindful of the risks that come associated with this fund.
Fund Information and Statistics
i) Inception/Launch Date
Axis Equity Hybrid Fund - Direct Plan - Growth was launched on 09 Aug 2018.
ii) Risk Level
The risk possessed by this fund is fairly high as it invests across several equity-linked securities. Axis Mutual Fund has categorised Axis Equity Hybrid Fund under ‘moderately high risk’ category of mutual funds.
Since Axis Equity Hybrid Fund is an open-ended fund, you can place redemption requests any time. However, you have to be aware of the applicable tax on capital gains and exit load charges.
iv) Fund Manager
Mr Ashik Naik and Mr R Shivakumar are the current fund managers of Axis Equity Hybrid Fund.
v) Entry/Exit Load
The regulations set by the Indian market regulator prevent fund houses from levying entry loads on any mutual fund scheme. An exit load of 1% applies to the units in excess of 10% if redeemed within a period of 12 months from the date of allocation. After one year, no exit load applies.
About Axis Mutual Fund
Axis Mutual Fund is a leading fund house in India. Its total assets under management (AUM) amounted to Rs 1.38 lakh crore as of March 2020. Axis Mutual Fund entered the mutual fund fore in the year 2009 when it registered with the Indian securities market regulator with Axis Mutual Fund Trustee Limited and Axis Bank Limited as its trustee and sponsor respectively.
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Min amount: ₹500
All investments come with risk. Risk is the volatility or fluctuation in the price (and returns) of the investment. Usually,
- High Risk = High possible returns
- Low Risk = Stable, relatively lower returns