VR Logo

4 star

Axis Equity Saver Fund - Direct Plan


1 Lakh

Investment Grown to
₹ 1.34 Lakh

₹ 10000

Monthly SIP Grown to
₹ 4.36 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.

Read more

ajax-loader
Please wait...

ajax-loader
Please wait...

(₹)
cal
cal

ajax-loader
Please wait...

Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 5.50 0.12 0.36 3.62 2.68 7.24 26.56 10.20 10.42 -- --
VR MIP TRI 5.40 0.20 0.52 2.69 2.76 6.81 20.14 9.94 9.56 -- --
Hybrid: Equity Savings 7.32 0.05 0.37 3.45 3.27 8.69 24.83 9.01 9.38 -- --
Rank within category 19 3 10 9 14 16 10 6 2 -- --
Number of funds in category 23 23 23 23 23 23 23 16 12 0 0

As on 14-Jun-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Axis Equity Saver Fund - Direct Plan
4 star
Aug-15 26.56 10.20 10.42 0.91 761
HDFC Equity Savings Fund - Direct Plan  | Invest Online
4 star
Jan-13 30.67 10.27 12.00 1.32 2,390
Kotak Equity Savings Fund - Direct Plan  | Invest Online
4 star
Oct-14 20.46 9.38 9.88 1.25 1,463
SBI Equity Savings Fund - Direct Plan
3 star
May-15 29.84 10.36 10.14 1.02 1,411
ICICI Prudential Equity Savings Fund - Direct Plan  | Invest Now
3 star
Dec-14 19.63 8.65 9.40 0.45 1,385

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 4.54 24-Mar-2020 - 31-Mar-2020 -8.77 16-Mar-2020 - 23-Mar-2020
Month 8.69 23-Mar-2020 - 22-Apr-2020 -17.39 20-Feb-2020 - 23-Mar-2020
Quarter 13.85 24-Sep-2020 - 24-Dec-2020 -15.64 23-Dec-2019 - 23-Mar-2020
Year 36.42 23-Mar-2020 - 23-Mar-2021 -9.52 22-Mar-2019 - 23-Mar-2020

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 9.96 9.90 0.57 0.62 1.39 -1.60
VR MIP TRI 9.52 6.87 0.76 0.89 -- --
Hybrid: Equity Savings 8.83 9.70 0.50 0.56 1.33 -2.39
Rank within category 4 10 6 6 10 7
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-May-2021

Asset Allocation (%)

ajax-loader
Please wait...

Concentration & Valuation

Number of Stocks 44
Number of Bonds 29
Average Maturity (yrs) 4.62
Top 10 Holdings (%) 44.24
Portfolio P/B Ratio 3.73
Portfolio P/E Ratio 33.08

Value Research Equity Fund Style

Value Research Debt Fund Style

Credit Rating vis-à-vis Category

ajax-loader
Please wait...

Top Debt Holdings

Company Instrument Credit Rating 1Y Range % Assets
equal 3.35% Axis Bank 2021 Fixed Deposits -- 0.00 - 3.63 3.23
equal TMF Holdings 2022 Debenture AA- 1.58 - 1.73 1.62
equal 8.50% Bank of Baroda Additional Tier 1 Bond AA 1.60 - 1.79 1.60
equal 8.37% REC 2028 Debenture AAA 1.45 - 3.23 1.45
equal 7.68% Power Finance Corporation 15/07/2030 Non Convertible Debenture AAA 0.00 - 1.55 1.38
equal 8.50% State Bank of India Additional Tier 1 Bond AA+ 1.36 - 2.30 1.36
equal 7.99% Tata Power Company 16/11/2021 Debenture AA 1.33 - 1.51 1.33
equal 5.22% GOI 15/06/2025 GOI Securities SOV 0.00 - 1.36 1.31
equal 8.25% DLF 25/03/2024 Debenture A+ 0.00 - 1.38 1.31
equal 8.95% Punjab National Bank Additional Tier 1 Bond AA 0.00 - 1.42 1.27
equal 7.57% GOI 17/06/2033 GOI Securities SOV 0.71 - 0.81 0.71
equal IndInfravit Trust 2038 Non Convertible Debenture AAA 0.67 - 0.75 0.67
equal 3.00% Axis Bank 2022 Fixed Deposits -- 0.00 - 0.68 0.65
equal 3.00% Axis Bank 2022 Fixed Deposits -- 0.00 - 0.67 0.65
equal 3.00% Axis Bank 2022 Fixed Deposits -- 0.00 - 0.69 0.65
equal 3.00% Axis Bank 2022 Fixed Deposits -- 0.00 - 0.68 0.65
equal 3.00% Axis Bank 25/04/2022 Fixed Deposits -- 0.00 - 0.67 0.65
equal 3.00% Axis Bank 26/04/2022 Fixed Deposits -- 0.00 - 0.67 0.65
equal 6.54% Gujarat State 2030 State Development Loan SOV 0.00 - 0.74 0.65
equal 9.95% Canara Bank Additional Tier 1 Bond AA 0.00 - 0.45 0.40
equal 4.00% Axis Bank 28/02/2022 Fixed Deposits -- 0.00 - 0.42 0.39
equal 7.69% National Bank Agr. Rur. Devp 31/03/2032 Bonds/Debentures AAA 0.28 - 0.32 0.28
equal 6.19% GOI 16/09/2034 GOI Securities SOV 0.00 - 2.15 0.25
equal 9.20% ICICI Bank Additional Tier 1 Bond AA+ 0.19 - 0.21 0.19
equal 7.26% GOI 14/01/2029 GOI Securities SOV 0.14 - 1.11 0.14

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

ajax-loader
Please wait...

Top Equity Holdings

Company Sector P/E 3Y High 3Y Low % Assets
up Reliance Industries Energy 30.87 10.41 1.38 7.77
equal ICICI Bank Financial 24.18 7.26 0.00 7.26
equal HDFC Financial 24.55 7.91 4.24 6.78
up HDFC Bank Financial 25.88 6.47 3.74 4.24
up Infosys Technology 32.41 5.82 0.00 3.89
up Tata Consultancy Services Technology 37.49 4.12 1.67 3.14
down Bajaj Finance Financial 84.86 3.49 1.61 2.74
equal Bharti Airtel Communication -- 4.49 0.00 2.67
down Mahindra & Mahindra Automobile 55.54 4.93 0.00 2.52
down Kotak Mahindra Bank Financial 35.28 3.84 1.64 2.24
equal Hindustan Unilever FMCG 69.85 4.97 1.62 1.96
up Ultratech Cement Construction 35.37 2.05 0.00 1.75
up Maruti Suzuki India Automobile 49.49 6.08 0.00 1.68
up State Bank of India Financial 17.13 1.63 0.00 1.63
equal Asian Paints Chemicals 92.23 3.21 0.00 1.53
equal Avenue Supermarts Services 198.48 1.56 0.00 1.49
equal Nestle India FMCG 78.66 2.01 0.30 1.39
up Motherson Sumi Systems Automobile 75.17 1.61 0.00 1.22
up Tata Steel Metals 19.00 1.20 0.00 1.20
equal Divi's Laboratories Healthcare 58.29 2.24 0.12 1.17
equal Adani Ports and Special Economic Zone Services 31.17 1.04 0.00 1.04
down Cholamandalam Investment & Finance Company Financial 31.04 1.58 0.57 1.02
down Sundaram Finance Financial 24.51 1.62 0.82 0.82
equal Grasim Industries Construction 22.76 1.12 0.00 0.79
equal Shree Cement Construction 44.86 0.85 0.00 0.65

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-May-2021

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).

Interviews:

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:


0.12%

Change from previous, NAV as on 14-Jun-2021

Growth: ₹ 16.8800

IDCW Quarterly: ₹ 13.3000

More

IDCW Monthly: ₹ 12.9500

IDCW: ₹ 13.2000


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
Lock-in Period Not Applicable
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: 9.38%
Benchmark: NIFTY Equity Savings TRI
Riskometer: High
Type: Open-ended
Assets: ₹ 761 Cr (As on 31-May-2021)
Expense: 0.91% (As on 30-Apr-2021)
Risk Grade: Average
Return Grade: High
Turnover: --

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Monthly25-May-20210.0625

 26-Apr-20210.0625
 25-Mar-20210.0625
 25-Feb-20210.0625
 28-Jan-20210.0625
 25-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
IDCW25-Mar-20211.0000

 11-Mar-20200.9740
IDCW Quarterly26-Mar-20210.1875

 27-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

Upcoming Video

Investors' Hangout

Your investment strategy for debt funds after the fiasco

DateFriday, 18-Jun-2021
Time12:30 PM - 01:00 PM