Axis Equity Saver Fund has been one of the most consistent outperformers in its category in the last five-six years. Its equity allocation usually remains in the higher range (40-45 per cent) when compared to many of its peers, which has proved rewarding despite adding to its volatility. But this year is different. Since the start of 2022, the fund is down 0.65 per cent while the category has returned 1.4 per cent, ranking Axis Equity Saver in the bottom quartile. A correction in equity markets has caused the fund to lag its peers, given its higher equity allocation. The AMC's g
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