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4 star

Axis Equity Saver Fund - Regular Plan


Hybrid: Equity Savings

1 Lakh

Investment Grown to
₹ 1.16 Lakh

₹ 10000

Monthly SIP Grown to
₹ 3.85 Lakh

Suitability:

Equity-savings funds invest about a third of your money each in equity shares, bonds and arbitrage opportunities, though these proportions may vary a bit depending upon the market outlook of the fund manager. These funds are suitable for those who cannot withstand too much volatility in the value of their investments and are content with moderate returns which are slightly higher than fixed income options.

They may also suit those looking for a regular income from their accumulation. The debt and arbitrage portions of these funds can provide a moderate, but steady stream of income. The equity allocation, though adds a bit of volatility, but helps boost returns to keep up with the rate of inflation over the long term.

Invest only if your investment horizon is three years or more. To derive dependable income with some degree of inflation protection, invest your accumulated savings in these funds gradually over at least a few months, and then maintain a withdrawal rate in the range of 4-6 per cent of the value of your investment every year.

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 1 year from the date of investment, gains upto Rs 1 lakh in a financial year are exempt from tax. Gains over Rs 1 lakh are taxed at the rate of 10%.
  • If the mutual fund units are sold within 1 year from the date of investment, entire amount of gain is taxed at the rate of 15%.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

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(₹)
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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund -0.74 0.23 0.68 1.52 9.25 -2.63 4.30 5.07 -- -- --
VR MIP TRI 1.47 0.01 0.47 1.67 7.45 0.84 6.27 6.31 -- -- --
Hybrid: Equity Savings -0.41 0.11 0.73 1.79 8.98 -1.59 4.53 3.04 -- -- --
Rank within category 13 4 11 18 8 14 14 3 -- -- --
Number of funds in category 23 23 23 23 23 23 23 14 9 0 0

As on 07-Aug-2020

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Axis Equity Saver Fund - Regular Plan  | Invest Online
4 star
Aug-15 4.30 5.07 -- 2.33 701
Kotak Equity Savings Fund - Regular Plan  | Invest Online
4 star
Oct-14 7.57 5.79 6.82 2.20 1,386
ICICI Prudential Equity Savings Fund  | Invest Now
4 star
Dec-14 2.96 4.54 6.67 1.35 1,159
HDFC Equity Savings Fund  | Invest Online
3 star
Sep-04 1.58 2.30 6.59 2.03 3,071
SBI Equity Savings Fund - Regular Plan  | Invest Online
3 star
May-15 6.60 3.70 5.73 1.68 1,344

Best & Worst Performance

Best (Period) Worst (Period)
Week 4.44 (24-Mar-2020 - 31-Mar-2020) -8.77 (16-Mar-2020 - 23-Mar-2020)
Month 8.47 (23-Mar-2020 - 22-Apr-2020) -17.47 (20-Feb-2020 - 23-Mar-2020)
Quarter 13.05 (23-Mar-2020 - 22-Jun-2020) -15.88 (23-Dec-2019 - 23-Mar-2020)
Year 16.60 (26-Dec-2016 - 26-Dec-2017) -10.57 (22-Mar-2019 - 23-Mar-2020)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 5.27 9.15 0.01 0.01 1.32 -1.30
VR MIP TRI 6.24 6.56 0.16 0.18 -- --
Hybrid: Equity Savings 3.21 9.07 -0.19 -0.19 1.29 -3.32
Rank within category 3 10 3 3 10 3
Number of funds in category 16 16 16 16 16 16

The Risk Measures have been calculated using calendar month returns for the last three years.

As on 31-Jul-2020

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 39
Number of Bonds 29
Average Maturity (yrs) * 3.50
Top 10 Holdings (%) 45.52
Portfolio P/B Ratio 3.10
Portfolio P/E Ratio 26.64

Value Research Equity Fund Style

Value Research Debt Fund Style*

Credit Rating vis-à-vis Category

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Top Debt Holdings

Company Instrument Credit Rating 1Y Range % Assets
new 3.35% Axis Bank 2021 Fixed Deposits -- 0.00 - 3.50 3.50
equal 8.37% REC 2028 Debenture AAA 2.52 - 3.15 3.13
equal 8.50% State Bank of India 22/11/2020 Non Convertible Debenture AA+ 0.00 - 3.62 2.25
new 6.19% GOI 16/09/2034 GOI Securities SOV 0.00 - 2.15 2.15
equal 8.50% Bank of Baroda Bonds AA 1.48 - 1.77 1.73
equal TMF Holdings 2022 Debenture AA- 0.00 - 1.59 1.59
equal 7.99% Tata Power 16/11/2021 Debenture AA 1.22 - 1.48 1.44
equal 8.95% Punjab National Bank Bonds A 1.35 - 2.75 1.35
equal 7.26% GOI 14/01/2029 GOI Securities SOV 0.00 - 1.10 1.08
equal 7.57% GOI 17/06/2033 GOI Securities SOV 0.00 - 0.82 0.79
equal 8.10% Power Finance Corp. 2024 Non Convertible Debenture AAA 0.73 - 3.06 0.77
new 6.83% GOI 19/01/2039 Central Government Loan SOV 0.00 - 0.75 0.75
equal 4.75% HDFC Bank 2020 Fixed Deposits -- 0.00 - 0.77 0.75
equal 4.75% HDFC Bank 2020 Fixed Deposits -- 0.00 - 0.77 0.75
equal IndInfravit Trust 2038 Non Convertible Debenture AAA 0.00 - 0.74 0.72
new 6.54% Gujarat State 2030 State Development Loan SOV 0.00 - 0.72 0.72
new 3.00% Axis Bank 2020 Fixed Deposits -- 0.00 - 0.70 0.70
new 3.00% Axis Bank 2020 Fixed Deposits -- 0.00 - 0.70 0.70
new 2.75% Axis Bank 20/10/2020 Fixed Deposits -- 0.00 - 0.70 0.70
equal 3.00% Axis Bank 2020 Fixed Deposits -- 0.00 - 0.71 0.70
equal 5.50% HDFC Bank 2020 Fixed Deposits -- 0.00 - 0.70 0.68
equal 9.95% Canara Bank Debenture A+ 0.00 - 0.44 0.43
equal 3.75% Axis Bank 23/11/2020 Fixed Deposits -- 0.00 - 0.44 0.43
equal 8.35% Bharti Airtel 20/04/2021 Non Convertible Debenture AA 0.00 - 0.37 0.37
equal 7.69% National Bank Agr. Rur. Devp 31/03/2032 Bonds/Debentures AAA 0.24 - 0.31 0.31

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

Sector Allocation vis-à-vis Category

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Top Equity Holdings

Company Sector P/E 3Y High 3Y Low % Assets
down Reliance Industries Energy 34.17 9.29 0.72 9.29
down HDFC Financial 14.05 7.91 2.56 6.96
up Infosys Technology 23.78 5.82 0.00 5.82
equal HDFC Bank Financial 20.14 6.47 2.90 3.95
equal Tata Consultancy Services Technology 27.59 4.12 0.00 3.77
up ICICI Bank Financial 22.79 6.24 0.00 3.76
up Hindustan Unilever FMCG 75.78 4.97 1.15 2.75
down Mahindra & Mahindra Automobile -- 4.45 0.00 2.59
equal Bharti Airtel Communication -- 3.32 0.00 2.43
down Bajaj Finance Financial 41.52 3.49 1.61 2.10
down Kotak Mahindra Bank Financial 31.19 3.22 1.83 2.09
up Asian Paints Chemicals 76.33 3.21 0.00 2.00
down HDFC Life Insurance Financial 92.71 2.54 0.00 1.96
equal Vedanta Metals -- 1.84 0.00 1.84
equal Nestle India FMCG 77.68 2.01 0.00 1.83
equal Maruti Suzuki India Automobile 50.03 6.08 0.00 1.36
equal Motherson Sumi Systems Automobile 26.94 1.88 0.00 1.28
down Sundaram Finance Financial 18.41 2.18 1.11 1.11
new Cipla Healthcare 35.69 1.03 0.00 1.03
new Mindspace Business Parks Construction -- 1.00 0.00 1.00
equal Cholamandalam Invest. & Fin. Financial 14.64 1.40 0.57 0.97
down Larsen & Toubro Construction 15.34 2.79 0.00 0.95
equal Ultratech Cement Construction 21.68 0.94 0.00 0.91
up Hero Motocorp Automobile 14.85 1.07 0.00 0.79
down Avenue Supermarts Services 136.10 1.24 0.00 0.77

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 31-Jul-2020

*As on 30-Jun-2020

Fund Manager

— Anupam Tiwari since 06-Oct-2016

Education: Mr. Tiwari is a Chartered Accountant.

Experience: Prior to joining Axis Mutual Fund he was associated with Principal Mutual Fund (July 25, 2011-Sep 21, 2016), Reliance Life Insurance Ltd. (Sep 22, 2010-Jul 15, 2011) and Reliance MF (Mar 21, 2005-Sep 21, 2010).

Funds Managed:

— R Sivakumar since 27-Jul-2015

Education: Mr. Sivakumar is a B.Tech from IIT Madras and MBA from IIM Ahmedabad.

Experience: Prior to joining Axis AMC he has worked with BNP Paribas Mutual Fund, Sundaram Mutual Fund (2001-2004), HDFC Mutual Fund and ITC Threadneedle.

Funds Managed:


0.23%

Change from previous, NAV as on 07-Aug-2020

Growth: ₹ 13.3400

Dividend Quarterly: ₹ 10.6300

More

Dividend Monthly: ₹ 10.4700

Dividend: ₹ 11.8200


Investment Strategy

The scheme seeks 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.

Investment Details

Minimum Investment (₹) 5,000
Minimum Addl Investment (₹) 100
Minimum SIP Investment (₹) 1,000
Minimum No of Cheques 6
Minimum Withdrawal (₹) 1,000
Minimum Balance (₹) 1
Exit Load For units in excess of 10% of the investment,1% will be charged for redemption within 365 days

Basic Details

Fund House: Axis Mutual Fund
Launch Date: 14-Aug-2015
Return Since Launch: 5.95%
Benchmark: NIFTY Equity Savings TRI
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 701 Cr (As on 31-Jul-2020)
Expense: 2.33% (As on 30-Jun-2020)
Risk Grade: Average
Return Grade: Above Average
Turnover: 404.00%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend11-Mar-20200.9541
Dividend Monthly25-Feb-20200.0553

 27-Jan-20200.0553
 26-Dec-20190.0553
 25-Nov-20190.0553
 25-Oct-20190.0553
 25-Sep-20190.0553
 26-Aug-20190.0553
 25-Jul-20190.0553
 25-Jun-20190.0553
 27-May-20190.0553
 25-Apr-20190.0553
 25-Mar-20190.0553
 25-Feb-20190.0553
 25-Jan-20190.0553
 26-Dec-20180.0553
 26-Nov-20180.0553
 25-Oct-20180.0553
 25-Sep-20180.0553
 27-Aug-20180.0553
 25-Jul-20180.0553
 25-Jun-20180.0553
 25-May-20180.0553
 25-Apr-20180.0553
 26-Mar-20180.0625
 26-Feb-20180.0625
Dividend Quarterly27-Dec-20190.1660

 26-Sep-20190.1660
 26-Jun-20190.1660
 26-Mar-20190.1660
 26-Dec-20180.1660
 25-Sep-20180.1660
 25-Jun-20180.1660
 26-Mar-20180.1875
 26-Dec-20170.1875
 25-Sep-20170.1875
 27-Jun-20170.1875
 06-Apr-20170.1875
 26-Sep-20160.1875

Contact Information

AMC: Axis Asset Management Company Ltd.

Address: "Axis House" - 1st Floor, C-2 - Wadia International Centre, Pandurang Budhkar Marg , Worli, Mumbai - 400025

Phone: 022-24255161

Fax: 022-43255199

Email: [email protected] / [email protected]

Website: http://www.axismf.com

Registrar & Transfer Agent: KFin Technologies Pvt Ltd.

Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad - 500016

Phone: 040-44857874

Email: [email protected]

Website: www.karvymfs.com

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