Axis Equity Hybrid Fund Regular Growth - Latest NAV ₹11.23, Returns, Performance & Portfolio

Axis Equity Hybrid Fund Regular Growth

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Min amount: ₹1,000

Investment mode is LumpSum (One Time)

Fund Summarystar

PeriodReturns(per year)
10 Years--
5 Years--
3 Years--
1 Year2.18%
6 Months19.72%
Fund Details
RiskModerately High risk
Fund TypeAggressive Allocation
Exit Load1% for 365 Days

More about this fundstar

Top HoldingsWeightage
Reliance Industries Ltd6.53%
State Bank of India5.35%
HDFC Bank Ltd5.25%
Tata Consultancy Services Ltd4.55%
Bajaj Finance Ltd4.34%
Infosys Ltd4.33%
Kotak Mahindra Bank Ltd4.16%
Housing Development Finance Corp Ltd3.5%
ICICI Bank Ltd3.34%
Hindustan Unilever Ltd3.23%

About Axis Equity Hybrid Fund

It is an open-ended scheme that invests across equity and debt markets to generate stable returns for investors in the medium term. Hybrid funds invest into a mix of equity and debt. Equity-oriented hybrid schemes invest at least 65% of the investments in equity. These hybrid schemes are less volatile than equity funds because of their mixed portfolio. The debt investments ensures stability in times of volatility. The Scheme is benchmarked against CRISIL Balanced Fund Index.

Pros & Cons of Axis Equity Hybrid Fund

  1. Being a hybrid scheme, it gives investor the best of both worlds (equity and debt). From a tax implication view, since a dominant portion is parked in equities if the units are redeemed within a holding period of one year, the Scheme attracts a Short Term Capital Gain Tax of 15%. And if redeemed after a period of 1 year, the Long Term Capital Gains) in excess of Rs 1 lakh is taxed @ 10%.
  2. The Scheme is not ranked in aggressive hybrid fund category by Crisil for this quarter.

Fund Information & Statistics of Axis Equity Hybrid Fund

i) Inception / Launch date

Axis Mutual Fund launched the Scheme on 20 July 2018. The Scheme is available under Regular and Direct Plan. Each Plan is offered under Growth and Dividend (Payout and reinvestment) Options.

ii) Risk level

It is only suitable for investors with a high-risk appetite and investment time horizon of at least 5 years.

iii) Redemption

The redemption proceeds are dispatched to the unit holders within 10 working days from the receipt of the redemption requests at the Authorized Centre of Axis Mutual Fund.

iv) Fund Manager

The Scheme is managed by Mr. Shreyash Devalkar, Mr. Ashish Naik (both for equity portion) and Mr. R Sivakumar (for the debt portion). These managers are managing the Scheme since inception.

v) Entry / Exit load

For redemptions of up-to 10% of initial investment amount within 1 year from date of allotment is Nil. If units are redeemed in excess of the limit within 1 year are charged 1% exit load. No Exit load is charged if redeemed post 1 year of allotment.

About Axis Mutual Fund

Axis Mutual Fund launched its first scheme in October 2009 and currently managing more than 50 schemes with over 20 lakh active investor accounts. Mr. Chandresh Kumar Nigam is the MD & CEO of the fund house. Axis bank Ltd holds 75% of stake and 25% of stake is held by Schroder Singapore Holdings Private Limited.

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Frequently Asked Questions

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Start your investment

Min amount: ₹1,000

Investment mode is LumpSum (One Time)
Moderately High risk

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