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AXIS Equity Savings Fund - Direct (IDCW)

Name: AXIS Equity Savings Fund - Direct (IDCW)
Brand: Axis Mutual Fund
Rating: 5 (5 reviews)

Equity Savings

SIP Lumpsum

NAV 14.23 (0.07%)
Fund Size (Cr) ₹1014.59
Expense Ratio 0.98
Scheme Type Active Fund
Value Research

SIP Lumpsum

Minimum investment ₹500
Minimum Additional Investment ₹500
Minimum SIP Investment ₹100
Minimum Withdrawal ₹1000
Exit Load 0%

If redeemed/swich out within 1 months from the date of allotment: - For 10% of investment : Nil - For remaining investment : 1%1.00% - If redeemed/switched out on or within 1 months from the date of allotmentNIL - If redeemed/switch out after 1 months from the date of allotment.
Return Since Launch 10.09%

Basic Details

Scheme Manager
Mayank Hyanki

Bench Mark
NIFTY Equity Savings Index TRI

Type
OPEN

Lumpsum Returns

Period Invested For
₹10000 Invested on
Latest Value
Absolute Returns
Annualised Returns
Category Avg
Rank within Category

1 Week
17-Dec-24
9895.65
-1.04%
-
-0.62%
113/139

1 Month
22-Nov-24
10042.37
0.42%
-
0.77%
83/139

3 Month
24-Sep-24
9834.04
-1.66%
-
-0.49%
130/139

6 Month
24-Jun-24
10440.53
4.41%
-
3.55%
34/139

1 Year
22-Dec-23
11207.32
12.07%
12.07%
11.05%
58/139

3 Year
24-Dec-21
13196.20
31.96%
9.69%
9.09%
71/139

5 Year
24-Dec-19
16796.11
67.96%
10.93%
9.50%
57/139

Since Inception
12-Sep-16
22174.92
121.75%
10.09%
8.19%
34/139

Note: Lumpsum Returns since Inception Date.

SIP Returns

Period Invested For
₹10000 Invested on
Investments
Latest Value
Absolute Returns
Annualised Returns

1 Year
01-Jan-24
120000
191344.63
59.45%
59.45%

3 Year
03-Jan-22
360000
593962.02
64.99%
18.16%

5 Year
01-Jan-20
600000
1008855.60
68.14%
10.95%

10 Year
-
-
-
-
-

Note: SIP Returns since Inception Date.

Tax Treatment

If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh. Any cess/surcharge is not included.If sold before 1 year from purchase date, short term capital gain tax will be applicable. Current tax rate is 15%. Any cess/surcharge is not included in the 15%.

Investment Type

SIP Lumpsum
Monthly Investment

₹
Expected Returns Rate

%
Time Period

yrs

Total of your Investment will be

^₹ 0

70%
Returns

Invested Amount

0
Estimated Returns

0

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Investment Type

SIP Lumpsum
Monthly Investment

₹
Time Period

1 3 5 Since Inception

Total of your Investment will be

^₹ 0

70%
Returns

Invested Amount

0
Estimated Returns

0

* The calculator shows annualized returns.

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Risk Ratios

Standard Deviation
2.55%
Beta
0.40%
Sharpe Ratio
0.35%
Treynor’s Ratio
0.12%
Jension’s Alpha
0.97%

Asset Allocation

There is no Asset Allocation data.

Sector Allocation

There is no Sector Allocation data.

Top 10 stock holding in portfolio

Stock Invested in
% of Total Holdings
Quantity
Value (Cr)
Asset Type
Segment

HDFC Bank
9.53%
538511
96.72
Equity
Banks

Reliance Industr
7.99%
627504
81.09
Equity
Refineries

Larsen & Toubro
3.4%
92589
34.49
Equity
Infrastructure Developers & Operators

TCS
2.91%
69068
29.50
Equity
IT - Software

ICICI Bank
2.53%
197604
25.69
Equity
Banks

Hind. Unilever
2.22%
90100
22.49
Equity
FMCG

Infosys
2.14%
116641
21.67
Equity
IT - Software

M & M
2.07%
70713
20.97
Equity
Automobile

Bharti Airtel
1.88%
117209
19.07
Equity
Telecomm-Service

Tata Steel
1.7%
1193500
17.25
Equity
Steel

Peer Comparison

Scheme Name
Value Research
Asset Size (Cr)
1M
3M
6M
1Y
3Y

AXIS Equity Savings Fund - Direct (IDCW)
1014.59
0.42%
-1.66%
4.41%
12.07%
9.69%

HSBC Equity Savings Fund - Direct (IDCW-Q)
583.31
3.62%
2.74%
7.73%
24.50%
14.31%

HSBC Equity Savings Fund - Direct (G)
583.31
3.62%
2.73%
7.72%
24.49%
14.99%

HSBC Equity Savings Fund - Direct (IDCW-M)
583.31
3.61%
2.73%
7.71%
23.14%
14.56%

Invesco India Equity Savings Fund - Direct (G)
353.91
1.73%
-0.01%
5.75%
18.68%
11.78%

Invesco India Equity Savings Fund - Direct (IDCW)
353.91
1.73%
-0.02%
5.74%
18.66%
11.75%

News

Axis MF announces change in Fund Manager of the following schemes Axis Mutual Fund has announced change in Fund Managers of the following schemes with effect from: 16 December 2024

Change in Fund Managers of the Schemes:

Scheme Name	Existing Fund Manager(s)	Proposed Fund Manager(s)
Axis Focused Fund	Mr. Sachin Relekar Mr. Hitesh Das Ms. Krishnaa N (For Foreign Securities)	Mr. Sachin Relekar Ms. Krishnaa N (For Foreign Securities)
Axis Flexi Cap Fund	Mr. Sachin Relekar Mr. Hitesh Das Ms. Krishnaa N (For Foreign Securities)	Mr. Sachin Relekar Ms. Krishnaa N (For Foreign Securities)
Axis Multicap Fund	Mr. Nitin Arora Mr. Shreyash Devalkar Mr. Hitesh Das Mr. Sachin Jain	Mr. Nitin Arora Mr. Shreyash Devalkar Mr. Hitesh Das
Axis Arbitrage Fund	Mr. Karthik Kumar Mr. Devang Shah Mr. Sachin Jain Mr. Ashish Naik	Mr. Karthik Kumar Mr. Devang Shah Mr. Sachin Jain
Axis Balanced Advantage Fund	Mr. Jayesh Sundar Mr. Ashish Naik Mr. Devang Shah Mr. Hardik Shah	Mr. Jayesh Sundar Mr. Devang Shah Mr. Hardik Shah
Axis Aggressive Hybrid Fund	Mr. Jayesh Sundar Mr. Ashish Naik Mr. Devang Shah Mr. Aditya Pagaria	Mr. Jayesh Sundar Mr. Devang Shah Mr. Aditya Pagaria Ms. Krishnaa N (For Foreign Securities)
Axis Multi Asset Allocation Fund	Mr. Jayesh Sundar Mr. Ashish Naik Mr. Devang Shah Mr. Hardik Shah Mr. Aditya Pagaria	Mr. Ashish Naik Mr. Devang Shah Mr. Hardik Shah Mr. Aditya Pagaria Ms. Krishnaa N (For Foreign Securities)
Axis Innovation Fund	Mr. Ashish Naik Mr. Mayank Hyanki Ms. Krishnaa N (For Foreign Securities)	Mr. Ashish Naik Ms. Krishnaa N (For Foreign Securities)
Axis ESG Integration Strategy Fund	Mr. Shreyash Devalkar Mr. Vishal Agarwal Mr. Hitesh Das Ms. Krishnaa N (For Foreign Securities)	Mr. Vishal Agarwal Mr. Hitesh Das Ms. Krishnaa N (For Foreign Securities)
Axis Quant Fund	Mr. Karthik Kumar Mr. Ashish Naik Ms. Krishnaa N (For Foreign Securities)	Mr. Karthik Kumar Ms. Krishnaa N (For Foreign Securities)
Axis Equity Savings Fund	Mr. Mayank Hyanki Mr. Hitesh Das Mr. Devang Shah Mr. Hardik Shah	Mr. Mayank Hyanki Mr. Devang Shah Mr. Hardik Shah Ms. Krishnaa N (For Foreign Securities)
Axis NIFTY 100 Index Fund	Mr. Ashish Naik Mr. Karthik Kumar	Mr. Karthik Kumar
Axis Children's Fund	Mr. Jayesh Sundar Mr. Ashish Naik Mr. Devang Shah Mr. Hardik Shah	Mr. Jayesh Sundar Mr. Devang Shah Mr. Hardik Shah Ms. Krishnaa N (For Foreign Securities)
Axis Retirement Fund - Aggressive Plan , and Dynamic Plan and Conservative Plan	Mr. Jayesh Sundar Mr. Nitin Arora Mr. Devang Shah Mr. Hardik Shah Ms. Krishnaa N (For Foreign Securities)	Mr. Jayesh Sundar Mr. Devang Shah Mr. Hardik Shah Ms. Krishnaa N (For Foreign Securities)
Axis Conservative Hybrid Fund	Mr. Devang Shah Mr. Sachin Jain Mr. Jayesh Sundar Mr. Ashish Naik Ms. Krishnaa N (For Foreign Securities)	Mr. Devang Shah Mr. Sachin Jain Mr. Jayesh Sundar Ms. Krishnaa N (For Foreign Securities)
Axis Value Fund	Mr. Nitin Arora Mr. Sachin Relekar Ms. Krishnaa N (For Foreign Securities)	Mr. Nitin Arora Ms. Krishnaa N (For Foreign Securities)
Axis NIFTY 50 Index Fund	Mr. Karthik Kumar Mr. Hitesh Das	Mr. Karthik Kumar
Axis NIFTY 50 ETF	Mr. Ashish Naik Mr. Karthik Kumar	Mr. Karthik Kumar
Axis NIFTY Next 50 Index Fund	Mr. Karthik Kumar Mr. Sachin Relekar	Mr. Karthik Kumar
Axis NIFTY Bank ETF	Mr. Karthik Kumar Mr. Ashish Naik	Mr. Karthik Kumar
Axis Nifty Smallcap 50 Index Fund	Mr. Karthik Kumar Mr. Mayank Hyanki	Mr. Karthik Kumar
Axis Nifty Midcap 50 Index Fund	Mr. Karthik Kumar Mr. Mayank Hyanki	Mr. Karthik Kumar
Axis NIFTY IT ETF	Mr. Karthik Kumar Mr. Hitesh Das	Mr. Karthik Kumar
Axis NIFTY Healthcare ETF	Mr. Karthik Kumar Mr. Shreyash Devalkar	Mr. Karthik Kumar
Axis Equity ETFs FoF	Mr. Karthik Kumar Mr. Shreyash Devalkar	Mr. Karthik Kumar
Axis NIFTY India Consumption ETF	Mr. Ashish Naik Mr. Karthik Kumar	Mr. Karthik Kumar
Axis Business Cycles Fund	Mr. Ashish Naik Mr. Mayank Hyanki	Mr. Ashish Naik
Axis BSE SENSEX ETF	Mr. Karthik Kumar Mr. Ashish Naik	Mr. Karthik Kumar
Axis Nifty IT Index Fund	Mr. Hitesh Das Mr. Karthik Kumar	Mr. Karthik Kumar
Axis BSE Sensex Index Fund	Mr. Karthik Kumar Mr. Ashish Naik	Mr. Karthik Kumar
Axis Nifty Bank Index Fund	Mr. Karthik Kumar Mr. Ashish Naik	Mr. Karthik Kumar
Axis Nifty 500 Index Fund	Mr. Karthik Kumar Mr. Sachin Relekar	Mr. Karthik Kumar
Axis Nifty500 Value 50 Index Fund	Mr. Karthik Kumar Mr. Hitesh Das	Mr. Karthik Kumar

Powered by Capital Market - Live News

Axis Mutual Fund announces change in scheme name Axis Mutual Fund has announced change in scheme name under the following scheme, With effect from 05 December 2024
Change in the name of the Scheme:

Existing Scheme name Revised Name

Axis CRISIL-IBX AAA NBFC Index ' Jun 2027 Fund Axis CRISIL-IBX AAA Bond NBFC ' Jun 2027 Index Fund

Powered by Capital Market - Live News
Axis Mutual Fund launches Momentum fund Axis Mutual Fund has launched the Axis Momentum Fund, a new open-ended equity scheme that aims to capitalize on the momentum investing strategy. The New Fund Offer (NFO) is open for subscription until 6 December 2024.
The fund seeks to generate long-term capital appreciation by investing in equity and equity-related securities exhibiting strong price momentum. It will be benchmarked against the NIFTY 500 TRI and managed by experienced fund managers Karthik Kumar and Mayank Hyanki.
The minimum investment amount is Rs 100, with subsequent investments in multiples of Rs 1. An exit load of 1% applies to redemptions within 12 months, excluding the first 10% of the investment.
Momentum investing, a globally recognized strategy, focuses on stocks with strong upward trends. Unlike value investing, it prioritizes price momentum over valuation metrics.
The Axis Momentum Fund employs a structured, model-based approach to select stocks with strong momentum. Historically, this strategy has outperformed benchmarks over the long term. Over the past 15 years, the strategy has outperformed its benchmark 12 times, with an average outperformance of 6.62%. On a three-year rolling return basis, it has delivered positive returns 96% of the time, with a significant edge over the benchmark in nearly 77% of instances in the last 11 years.
The fund aims to invest in a portfolio of high-performing stocks, actively managed to align with momentum trends. Up to 20% of the portfolio may be allocated outside the momentum theme based on market opportunities and strategic considerations.
The fund's active management approach enables the fund manager to control exposure to factors like sector/stock concentration, market cap skewness, liquidity risk, etc., within the portfolio. This helps manage volatility, which is traditionally higher in momentum strategies.
The fund selects stocks based on price momentum trends, optimizing the portfolio considering factors like composite rank, risk, and portfolio constraints. Stocks are screened for data availability, liquidity, and red flags before inclusion.
By incorporating a dynamic, rule-based approach, the fund actively manages risks, ensuring controlled volatility despite the inherent nature of momentum strategies.
For investors with the appropriate risk appetite and a long-term investment horizon, the Axis Momentum Fund offers an opportunity to capitalize on market trends and high-performing stocks. By combining robust data analysis with active management, the fund aims to provide consistent outperformance.
Powered by Capital Market - Live News

Existing Scheme name	Revised Name
Axis CRISIL-IBX AAA NBFC Index ' Jun 2027 Fund	Axis CRISIL-IBX AAA Bond NBFC ' Jun 2027 Index Fund

Fund House Details & Investment Objective

Date of Incorporation 27-Jul-2015
Total AUM (Cr) ₹1014.59

AXIS Equity Savings Fund - Direct (IDCW) is an Equity Savings-oriented fund from the renowned AMC, Axis Mutual Fund. Launched in Jul 2015, this fund is managed by Mayank Hyanki. With assets under management (AUM) worth ₹1014.59 (Cr), as of 26-Dec-2024, AXIS Equity Savings Fund - Direct (IDCW) is categorized as a Equity Savings within its segment. The fund has generated a return of 10.09% since its launch.
The current NAV of AXIS Equity Savings Fund - Direct (IDCW) is ₹14.23, as on 26-Dec-2024. The fund’s benchmark index is NIFTY Equity Savings Index TRI. You can invest in AXIS Equity Savings Fund - Direct (IDCW) via both lumpsum and SIP modes. The minimum SIP amount in the fund is ₹100 while the minimum lumpsum investment is ₹500.
Being an open-ended fund, you can exit the fund anytime subject to applicable exit loads:
If redeemed/swich out within 1 months from the date of allotment: - For 10% of investment : Nil - For remaining investment : 1%1.00% - If redeemed/switched out on or within 1 months from the date of allotmentNIL - If redeemed/switch out after 1 months from the date of allotment.
The fund has generated 9.69% and 10.93% CAGR in the last 3 and 5 years respectively.

The fund aims to provide long-term capital appreciation and growth, by investing in a mix of financial instruments 68.15% in Equity, 31.65% in Debt and 0.14% in cash and cash equivalents
The top 5 sectors the fund invests in are: 31.73% in Cash & Others, 31.36% in Debt, 15.89% in Banks, 8.16% in Petroleum Products and 6.28% in IT-Software.

FAQs on AXIS Equity Savings Fund - Direct (IDCW)

AXIS Equity Savings Fund - Direct (IDCW) is a popular fund in the Equity Savings segment. The fund has generated a return of 10.09% since inception. Looking to invest in AXIS Equity Savings Fund - Direct (IDCW)? How about earning 1% extra return? All this is possible with m.Stock! Investing in AXIS Equity Savings Fund - Direct (IDCW) is super easy and convenient with m.Stock. Here’s how you can begin:

Login to your m.Stock account. If you do not have an account, open m.Stock Demat account and enjoy 1% extra returns plus Zero Brokerage across products for life.
In the ‘Menu’ section, under ‘Products’, select ‘Mutual Funds’ .
In the search bar, enter the fund name, in this case, AXIS Equity Savings Fund - Direct (IDCW)
On the top right corner you’ll see two options – Lumpsum and SIP. You can choose either based on your risk appetite and available investible corpus.
If you choose to invest a Lumpsum: Enter amount, select payment mode (UPI or Netbanking), and click on ‘invest a lumpsum’. Make the payment and your lumpsum investment is complete.
If you choose the SIP route, then enter SIP amount, SIP date, and set up ‘Autopay’ facility.

So, why wait? Invest in AXIS Equity Savings Fund - Direct (IDCW) today and reap the benefits of this Equity Savings fund!

In the short term, i.e., 1 year, AXIS Equity Savings Fund - Direct (IDCW) has generated annualised return of 12.07%. In the long-term, the fund has generated 9.69% and 10.93% in 3 and 5 years respectively. Since its inception, the fund has generated 10.09% returns.

The expense ratio of AXIS Equity Savings Fund - Direct (IDCW) Direct Growth is 0.98%. Expense ratio is the fees payable by investors of the scheme towards management, research and overall upkeep of the fund. The higher the expense ratio, the lower is the in-hand return for the investor. Expense ratio for direct plans is lower than regular plans, making them ideal for investors.

The Assets Under Management (AUM) of AXIS Equity Savings Fund - Direct (IDCW) is ₹1014.59 (Cr) as of 26 December 2024. AUM shows the fund’s popularity and is often indicative of fund strength.

Redeeming or selling units of AXIS Equity Savings Fund - Direct (IDCW) is relatively simple. But before you redeem, ensure that the fund has completed the minimum lock-in period else you will be charged an exit load.

To redeem from AXIS Equity Savings Fund - Direct (IDCW):

Login to your m.Stock account
In portfolio, your mutual fund investments will be visible under ‘MF’
Select the fund you wish to redeem from (in this case AXIS Equity Savings Fund - Direct (IDCW)).
Click on ‘Redeem’ button
You have 2 options – redeem by units and redeem by value (you can only redeem free units)
Select units to be redeemed and click on submit.
Redemption value will be credited to your account in 2-3 working days (as per timelines set by SEBI).

Yes, you can invest both lumpsum and SIP in AXIS Equity Savings Fund - Direct (IDCW). Minimum lumpsum investment AXIS Equity Savings Fund - Direct (IDCW) is ₹500 and minimum SIP amount is ₹100. Lumpsum option is ideal for investors with higher investible corpus and market experience. SIP option is recommended for retail investors who do not have the time or expertise to time the market.

The latest NAV (Net Asset Value) of AXIS Equity Savings Fund - Direct (IDCW) is ₹14.23 as on 26 December 2024.

The 5 biggest stock holdings of AXIS Equity Savings Fund - Direct (IDCW) are:

HDFC Bank (9.53%), Reliance Industr (7.99%), Larsen & Toubro (3.4%), TCS (2.91%), ICICI Bank (2.53%)

A majority of AXIS Equity Savings Fund - Direct (IDCW) 's AUM worth ₹1014.59 (Cr) is invested in these 3 top sectors:

Cash & Others: 31.73%
Debt: 31.36%
Banks: 15.89%

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AXIS Equity Savings Fund - Direct (IDCW)

Basic Details

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Top 10 stock holding in portfolio

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Fund House Details & Investment Objective

FAQs on AXIS Equity Savings Fund - Direct (IDCW)

The 5 biggest stock holdings of AXIS Equity Savings Fund - Direct (IDCW) are:

HDFC Bank (9.53%), Reliance Industr (7.99%), Larsen & Toubro (3.4%), TCS (2.91%), ICICI Bank (2.53%)

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AXIS Equity Savings Fund - Direct (IDCW)

Basic Details

Lumpsum Returns

SIP Returns

Tax Treatment

Mutual Funds Calculator

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Risk Ratios

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FAQs on AXIS Equity Savings Fund - Direct (IDCW)

1. How to Invest in AXIS Equity Savings Fund - Direct (IDCW) Direct Growth?

2. How much returns has AXIS Equity Savings Fund - Direct (IDCW) Direct Growth generated?

3. What is the expense ratio of AXIS Equity Savings Fund - Direct (IDCW) Direct Growth?

4. What is the AUM of AXIS Equity Savings Fund - Direct (IDCW) Fund Direct Growth?

5. How to redeem or withdraw money from AXIS Equity Savings Fund - Direct (IDCW) Direct Growth?

6. Can I invest in SIP and Lumpsum in AXIS Equity Savings Fund - Direct (IDCW) Direct Growth?

7. What is the NAV of AXIS Equity Savings Fund - Direct (IDCW) Direct Growth?

8. Which are the biggest stock holdings of AXIS Equity Savings Fund - Direct (IDCW)?

The 5 biggest stock holdings of AXIS Equity Savings Fund - Direct (IDCW) are:

HDFC Bank (9.53%), Reliance Industr (7.99%), Larsen & Toubro (3.4%), TCS (2.91%), ICICI Bank (2.53%)

9. What are the top sectors AXIS Equity Savings Fund - Direct (IDCW) invests in?

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