INF846K01VO3

CASPeR Ranking #104

Axis Equity Saver Fund Regular Plan Growth

Moderately High risk Equity Savings Allocation

NAV (Tue Feb 20 2024)

₹20

Returns (Since Inception)

9.15%

Category Average

9.07%

Rating

3

Allocation and Holdings

Asset class

Weightage

Energy

6.50%

Unknown

18.88%

Industrials

4.25%

Financial Services

7.94%

Consumer Cyclical

2.72%

ad banner to download
Get your personalized mutual fund portfolio in 2 minutes.
rating icon4.5

Overall rating

100K+Downloads

Scheme Information

Fund name

Axis Equity Saver Fund Regular Plan Growth


Minimum SIP

1000


Risk Level

Moderately High risk


AUM

₹9,167 Cr


ISIN

INF846K01VO3


Inception Date

Jan 01 1970


Standard Deviation

5.944


Beta

-


Sharpe Ratio

0.795


Benchmark

NIFTY Equity Savings TR INR

Risk

Moderately High risk

Investment Objective

The investment objective of the scheme is to provide capital appreciation and income distribution to the investors by using equity and equity related instruments, arbitrage opportunities, and investments in debt and money market instruments. However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved.

Fund Managers

R Sivakumar

Anupam Tiwari

Kaustubh Sule

About the AMC

Axis Asset Management Company Limited


Phone Number

+91 22 43255161


Corporate Office Address

Axis Asset Management Company Ltd.,Axis House, 1st Floor, C-2, Wadia International Centre,,Pandurang Budhkar Marg, Worli,

Overall AUM

₹9,167 Cr


Popular Allocation funds

View all Funds

Expert designed mutual fund portfolios

Mutual Funds are a smart way to grow your money. They can help you achieve your financial goals as they have the potential to generate higher-than-inflation returns.

Mutual fund cover img

frequently asked questions

view all FAQs
arrow

What is the current NAV of Axis Equity Saver Fund Regular Plan Growth?

The NAV of Axis Equity Saver Fund Regular Plan Growth is ₹20 as of Tue Feb 20 2024.

Net asset value, or NAV for short, is a mutual fund's cost per unit. Consider it the share price of a stock, but one that represents the total worth of all the investments made by the fund. This value affects how much you pay to invest or receive when redeeming units, and it changes every day based on changes in the market. Gaining insight into NAV enables you to evaluate a fund's performance and make wise investment choices.

arrow

Who is the fund manager of Axis Equity Saver Fund Regular Plan Growth?

R Sivakumar is the current fund manager of Axis Equity Saver Fund Regular Plan Growth as on Wed Feb 21 2024. A fund manager's performance history, investment style and strategy, approach to risk management, tenure and experience, fees and charges, and alignment with investor goals all have an impact on the fund performance.

arrow

What is the expense ratio of Axis Equity Saver Fund Regular Plan Growth?

The Expense Ratio of Axis Equity Saver Fund Regular Plan Growth is 0.00% as of Wed Feb 21 2024 which means if you earn ₹50,000 worth returns on an investment in this fund then 0.00% of those returns will be retained by the AMC.

The annual fees you pay the mutual fund firm to manage your investments in that fund are known as the Expense Ratio. The Expense Ratio is deducted from the returns that the fund generates and expressed as a percentage of Assets Under Management (AUM).

Because a smaller portion of the gains will be retained, a fund with a lower expense ratio is always preferable because it will result in larger returns for you.

arrow

What is the minimum SIP amount of Axis Equity Saver Fund Regular Plan Growth?

The minimum Systematic Investment Plan (SIP) amount required for Axis Equity Saver Fund Regular Plan Growth is ₹1,000. A Systematic Investment Plan (SIP) is an investment approach in mutual funds where an investor selects a mutual fund scheme and invests a fixed amount at regular intervals. The SIP investment strategy involves investing a small amount consistently over time, as opposed to investing a large sum in a single instance. This method aims to potentially yield higher returns over the long term by leveraging the benefits of rupee cost averaging and compounding.

arrow

What is the minimum lump sum amount required to invest in Axis Equity Saver Fund Regular Plan Growth?

To initiate a lump sum investment in Axis Equity Saver Fund Regular Plan Growth, a minimum initial amount of ₹500 is necessary. This means that to participate in this investment option, investors must commit a starting sum of at least INR 5000. A lumpsum investment is a common approach to investing money in financial instruments such as mutual funds. This method involves investing a substantial sum of money in a financial instrument in a single transaction, as opposed to making multiple smaller payments over time.

arrow

What is risk category of the Axis Equity Saver Fund Regular Plan Growth?

In accordance with SEBI regulations, mutual funds are required to disclose the risk associated with investing, categorized into five levels: (a) Low: Low risk to principal, (b) Moderately Low: Moderately low risk to principal, (c) Moderate: Moderate risk to principal, (d) Moderately High: Moderately high risk to principal, (e) High: High risk to principal. The risk category of Axis Equity Saver Fund Regular Plan Growth is classified as Moderately High risk.

arrow

What is the category of Axis Equity Saver Fund Regular Plan Growth?

The category of the Axis Equity Saver Fund Regular Plan Growth is Allocation.

it’s time to grow your wealth

3 users1+ Lac investors are growing their wealth with Stack.
stack mb