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CASPeR Ranking #135
Axis Equity Saver Fund Regular Plan Growth
NAV (Fri Sep 06 2024)
₹22
Returns (Since Inception)
8.39%
Category Average
9.44%
Rating
3
Allocation and Holdings
Asset class
Weightage
Financial Services
8.85%
Energy
7.65%
Unknown
25.86%
Industrials
3.59%
Technology
2.75%
Consumer Defensive
2.48%
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Overall rating
Scheme Information
Fund name
Axis Equity Saver Fund Regular Plan Growth
Minimum SIP
1000
Risk Level
Moderately High risk
AUM
₹982.84 Cr
ISIN
INF846K01VO3
Inception Date
Aug 14 2015
Standard Deviation
5.563
Beta
-
Sharpe Ratio
0.525
Benchmark
NIFTY Equity Savings TR INR
Expense Ratio
2.260%
Exit Load
If redeemed / switched out within 1 month from the date of allotment, For 10% of investments NIL For remaining investments 1% If redeemed / switched out after 1 month from the date of allotmentNIL
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 43255161Email Address
customerservice@axismf.comCorporate Office Address
Axis Asset Management Company Ltd.,Axis House, 1st Floor, C-2, Wadia International Centre,,Pandurang Budhkar Marg, Worli,Overall AUM
₹982.84 Cr
Website
www.axismf.comPopular Allocation funds
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frequently asked questions
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What is the current NAV of Axis Equity Saver Fund Regular Plan Growth?
The NAV of Axis Equity Saver Fund Regular Plan Growth is ₹22 as of Fri Sep 06 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.
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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 Sun Sep 08 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.
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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 226.00% as of Sun Sep 08 2024 which means if you earn ₹50,000 worth returns on an investment in this fund then 226.00% 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.
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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.
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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.
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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.
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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.
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