Axis Equity Saver Fund Regular Plan Growth - Latest NAV ₹13.75, Returns, Performance & Portfolio

Axis Equity Saver Fund Regular Plan Growth

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Start your investment

Min amount: ₹1,000

Calculate Returns

Rs. 2,000 invested monthly becomes Rs. 9.76 Lakhs in a period of 20 years

Fund Summarystar

PeriodReturns(per year)
10 Years--
5 Years6.41%
3 Years5.89%
1 Year3.38%
6 Months11.61%
Fund Details
RiskModerately High risk
Fund TypeEquity Savings
Exit Load1% for 365 Days

More about this fundstar

Top HoldingsWeightage
Reliance Industries Ltd10.41%
Future on Reliance Industries Ltd6.59%
Housing Development Finance Corp Ltd4.58%
Infosys Ltd4.55%
HDFC Bank Ltd4.27%
Mahindra & Mahindra Ltd4.25%
Bharti Airtel Ltd4.13%
ICICI Bank Ltd3.99%
Future on Housing Development Finance Corp Ltd3.27%
REC Limited3.19%

About Axis Equity Saver

Axis equity saver fund is an open-ended scheme that seeks to provide capital appreciation and income distribution. The scheme aims to achieve this by investing in equities, debt & money market instruments and leveraging arbitrage opportunities. The scheme will enable investors to diversify the portfolio by increasing exposure to various asset classes.

Pros & Cons of Axis Equity Saver

  1. Axis Equity Saver offers the following benefits:
  2. The fund empowers the investors to have a balanced portfolio since the scheme follows a multi-asset strategy.
  3. The investing pattern also ensures that the volatility or poor performance of one of the asset class does not hamper the entire investment.
  4. The fund makes it possible to get a better risk-adjusted performance.

Fund Information and Statistics of Axis Equity Saver

i) Inception / Launch date

The Axis equity saver was launched in 14 August 2015 by Axis Mutual Fund.

ii) Risk level

Axis Equity Saver is a moderately high-risk bet and suitable for investors who want capital appreciation along with regular income over medium to long term.

iii) Redemption

Redemption of Units will be done by a repurchase/buyback by the fund house. Under normal circumstances, your fund house will dispatch the redemption proceeds within 10 business days from the date of receipt of a request at the authorised centre of Axis mutual fund.

iv) Fund Manager

Axis Equity Saver is managed by Mr R Sivakumar since August 14, 2015, and Mr Anupam Tiwari since October 6, 2016. Their cumulative work experience is about 32 years.

v) Entry / Exit load

The fund house does not charge any entry load or exit load for 10% of investment within one month. However, it charges 1% exit load if the remaining investment is redeemed within one year of allotment. There is no exit load if redeemed after a year of allotment.

Tax benefits of investing in Axis Equity Saver

The Short-term capital gain tax of 15% will be levied on unit holders as per the income tax slab rate if units are held for less than a year. Long-term capital gains, in excess of Rs 1 lakh, are taxed at 10% without indexation when units are sold after 1 year from the date of allotment. Dividend distribution tax will be deducted before distribution of the dividend. Surcharges as applicable on all taxes will be levied.

About Axis Equity Saver

Axis Mutual Fund was launched in 2009 and has grown since then due to its strong principles. Currently, it is active in over 90 cities and serves 20 lakh investors with more than 50 schemes. The fund house aims at ensuring financial security for its investors with minimal risks. It also hopes to help investors achieve long-term wealth creation.

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Frequently Asked Questions

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Start your investment

Min amount: ₹1,000

Calculate Returns

Rs. 2,000 invested monthly becomes Rs. 9.76 Lakhs in a period of 20 years
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