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4 star

Axis Equity Saver Fund - Direct Plan


1 Lakh

Investment Grown to
₹ 1.49 Lakh

₹ 10000

Monthly SIP Grown to
₹ 4.61 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 14.94 -0.16 -0.97 0.71 5.93 14.01 25.61 14.15 11.28 -- --
VR MIP TRI 12.14 -0.12 -0.51 1.15 6.54 10.83 19.49 12.24 9.77 -- --
Hybrid: Equity Savings 13.90 -0.11 -0.59 1.25 4.84 10.90 22.24 11.80 9.30 -- --
Rank within category 9 16 20 18 3 3 6 3 2 -- --
Number of funds in category 23 23 23 23 23 23 23 18 13 2 0

As on 22-Oct-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 25.61 14.15 11.28 0.94% 981
HDFC Equity Savings Fund - Direct Plan  | Invest Online
4 star
Jan-13 30.42 12.47 10.76 1.25% 2,469
Kotak Equity Savings Fund - Direct Plan  | Invest Online
4 star
Oct-14 17.76 11.51 9.93 1.21% 1,575
ICICI Prudential Equity Savings Fund - Direct Plan  | Invest Now
3 star
Dec-14 17.68 9.69 8.41 0.43% 3,986
SBI Equity Savings Fund - Direct Plan
3 star
May-15 24.19 13.31 9.91 0.67% 1,816

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 12.46 9.67 0.88 0.95 1.34 -0.76
VR MIP TRI 10.89 6.85 1.01 1.24 -- --
Hybrid: Equity Savings 10.67 9.25 0.76 0.83 1.25 -1.93
Rank within category 3 13 5 7 14 6
Number of funds in category 19 19 19 19 19 19

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

As on 30-Sep-2021

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 69
Number of Bonds 32
Average Maturity (yrs) 7.81
Top 10 Holdings (%) 40.54
Portfolio P/B Ratio 3.64
Portfolio P/E Ratio 30.83

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
equal GOI 22/09/2033 GOI Securities Floating Rate Bond SOV 0.00 - 3.95 3.63
equal 3.00% Axis Bank 18/07/2022 Fixed Deposits -- 0.00 - 2.97 2.50
equal 6.76% GOI 22/02/2061 GOI Securities SOV 0.00 - 2.29 1.98
equal TMF Holdings 2022 Debenture AA- 1.30 - 1.73 1.30
equal 8.50% Bank of Baroda Additional Tier 1 Bond AA+ 0.00 - 1.24 1.24
equal 8.37% REC 2028 Debenture AAA 1.12 - 3.23 1.12
equal 7.68% Power Finance Corporation 15/07/2030 Non Convertible Debenture AAA 1.07 - 1.55 1.07
equal 8.50% State Bank of India Additional Tier 1 Bond AA+ 1.06 - 2.29 1.06
equal 6.97% National Bank Agr. Rur. Devp 17/03/2031 Non Convertible Debenture AAA 0.00 - 1.22 1.04
equal 8.25% DLF 25/03/2024 Debenture A+ 0.00 - 1.38 1.02
equal 7.99% Tata Power Company 16/11/2021 Debenture AA 1.02 - 1.50 1.02
new 2.60% Axis Bank 2022 Fixed Deposits -- 0.00 - 1.00 1.00
new 2.60% Axis Bank 27/12/2021 Fixed Deposits -- 0.00 - 1.00 1.00
new 2.60% Axis Bank 2021 Fixed Deposits -- 0.00 - 1.00 1.00
equal 8.95% Punjab National Bank Additional Tier 1 Bond AA 0.97 - 1.42 0.97
equal 7.57% GOI 17/06/2033 GOI Securities SOV 0.55 - 0.81 0.55
equal 6.54% Gujarat State 2030 State Development Loan SOV 0.50 - 0.74 0.50
equal 3.00% Axis Bank 2022 Fixed Deposits -- 0.00 - 0.69 0.50
equal 3.00% Axis Bank 2022 Fixed Deposits -- 0.00 - 0.67 0.50
equal 3.00% Axis Bank 2022 Fixed Deposits -- 0.00 - 0.68 0.50
equal 3.00% Axis Bank 2022 Fixed Deposits -- 0.00 - 0.68 0.50
equal 3.00% Axis Bank 25/04/2022 Fixed Deposits -- 0.00 - 0.67 0.50
equal 3.00% Axis Bank 26/04/2022 Fixed Deposits -- 0.00 - 0.67 0.50
equal 4.00% Axis Bank 28/02/2022 Fixed Deposits -- 0.00 - 0.42 0.31
equal 9.95% Canara Bank Additional Tier 1 Bond AA 0.30 - 0.45 0.30

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
equal ICICI Bank Financial 26.31 7.37 1.42 6.60
equal Reliance Industries Energy 34.00 10.41 1.38 6.51
up HDFC Financial 26.03 7.91 4.58 5.84
up HDFC Bank Financial 27.22 6.47 3.53 3.53
down Infosys Technology 34.62 5.82 0.00 3.45
new Tata Motors Automobile -- 2.97 0.00 2.97
equal Tata Consultancy Services Technology 35.39 4.12 1.67 2.95
equal Bajaj Finance Financial 104.39 3.49 1.83 2.56
equal Mahindra & Mahindra Automobile 47.18 4.93 0.00 1.94
equal Hindustan Unilever FMCG 68.66 4.97 1.62 1.75
up Avenue Supermarts Services 213.17 1.68 0.00 1.68
up Ultratech Cement Construction 32.39 2.05 0.00 1.50
equal State Bank of India Financial 17.95 1.63 0.00 1.35
up Ambuja Cements Construction 23.49 1.31 0.00 1.31
equal Asian Paints Chemicals 87.95 3.21 0.00 1.29
equal Nestle India FMCG 81.77 2.01 0.92 1.19
equal Maruti Suzuki India Automobile 43.62 6.08 0.00 1.10
equal Divi's Laboratories Healthcare 65.85 2.24 0.12 1.04
equal Larsen & Toubro Construction 20.20 2.40 0.46 0.94
up Indusind Bank Financial 27.01 1.61 0.00 0.80
down Sona BLW Precision Forgings Automobile 167.19 1.09 0.00 0.79
equal Adani Ports and Special Economic Zone Services 28.06 1.04 0.00 0.77
up United Spirits FMCG 89.12 0.73 0.00 0.73
up Tata Steel Metals 7.50 1.20 0.00 0.70
equal Tech Mahindra Technology 30.62 1.17 0.00 0.70

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 30-Sep-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:


-0.16%

Change from previous, NAV as on 22-Oct-2021

Growth: ₹ 18.3900

IDCW Quarterly: ₹ 14.0100

More

IDCW Monthly: ₹ 13.8200

IDCW: ₹ 14.3800


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: 10.33%
Benchmark: NIFTY Equity Savings TRI
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 981 Cr (As on 30-Sep-2021)
Expense: 0.94% (As on 30-Sep-2021)
Risk Grade: Average
Return Grade: Above Average
Turnover: --

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Monthly27-Sep-20210.0900

 25-Aug-20210.0625
 26-Jul-20210.0625
 25-Jun-20210.0625
 25-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
IDCW Quarterly27-Sep-20210.2700

 28-Jun-20210.1875
 26-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
IDCW25-Mar-20211.0000

 11-Mar-20200.9740

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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