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NAV as of ( Sep 09, 2022 )
₹ 18.53 0.05 % 1-D Change
You get upto 1.29% extra returns
ET Money Rank
Out of 18
Generated returns consistently
Increased returns for each unit of additional risk
Controlled losses during market corrections
Delivered returns without frequent ups and downs
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|ET Money Rank||4 Out of 18|
|Expense ratio||0.87% As on Jul 31, 2022|
|AUM (Fund Size)||₹ 1,216 Crs|
|Age||7 yrs 1 m Since Jul 27, 2015|
|Benchmark||NIFTY Equity Savings TRI|
SIP ₹ 1000 &
Lumpsum ₹ 5000
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Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.
Large Cap 38.86%
Mid Cap 2.77%
Small Cap 0.52%
Other Cap 0%
Reserve Bank of India 11.8%
HDB Financial Services Ltd. 1.2%
Cash & Call Money 31.12%
Net Receivables 24.37%
Treasury Bills 11.8%
GOI Securities 7.42%
|Fund name||Annual Return %||Consistency||Value Research Rating|
|Sundaram Equity Savings Fund||10.43%|
|Edelweiss Equity Savings Fund||9.39%|
|Axis Equity Saver Fund||9.17%|
|HDFC Equity Savings Fund||9.02%|
|Kotak Equity Savings Fund||8.95%|
|SBI Equity Savings Fund||8.64%|
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|Period||Trailing returns||Category average||Rank within category|
|1 month||0.71%||0.93%||13 / 18|
|3 months||7.42%||5.56%||2 / 18|
|6 months||3.58%||3.78%||9 / 18|
|1 year||1.81%||4.44%||17 / 18|
|3 years||11.19%||10.6%||10 / 18|
|5 years||9.17%||7.86%||3 / 14|
Level of Risk in the Scheme
Investors understand that their principal will be at Moderately High risk
HYBRID EQUITY SAVINGS
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.
Mr. Tiwari is a Chartered Accountant.
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).
Mr. Sivakumar is a B.Tech from IIT Madras and MBA from IIM Ahmedabad.
Prior to joining Axis AMC he has worked with BNP Paribas Mutual Fund, Sundaram Mutual Fund (2001-2004), HDFC Mutual Fund and ITC Threadneedle.
Mr. Sule is a B.E. (Computer Engineering) & MBA (Finance)
Prior to joining Axis Asset Management Company Ltd., he has worked with HDFC Standard Life Insurance Company Ltd., Reliance Life Insurance Company Ltd., Union Bank of India, Hexaware Technologies Ltd.
As on Jun 30, 2022
The Axis Equity Saver Fund is a 7 yrs 1 m old fund and has delivered average annual returns of 9.09% since inception.
NAV or Net Asset Value is the per-unit price of the Mutual Fund. The NAV of a Mutual Fund changes every day. It is calculated by taking the current value of the holdings of the fund at end of the day, subtracting the expenses, and dividing the value by the number of units issued to date.
The NAV of Axis Equity Saver Fund for Sep 09, 2022 is 18.53 .
Axis Equity Saver Fund has an ET Money Rank of # 4 of 18 and a consistency rating of 3 .
This indicates the fund has delivered above-average returns, however, the consistency at which it generates returns is not so great. If you are ok with sharp swings in your returns, you can go for this fund
On ET Money, Investing in Axis Equity Saver Fund is fast, easy, and 100% paperless. And it takes only minutes. Here is what you need to do -
The Expense Ratio of a Mutual Fund is the annual charges you pay to the Mutual Fund company for managing your investments in that fund. The Expense Ratio is a percentage of Assets Under Management (AUM) and is taken from the returns generated by the fund. For this reason, a fund with a lower expense ratio is always better because a smaller part of the returns will be taken and that means more returns for you.
The Expense Ratio of the direct plan of Axis Equity Saver Fund is 0.87%. .
Redeeming your investments in Axis Equity Saver Fund is super easy. If you have invested in this fund via ET Money, just login into the app, go to the investment section and put the redemption request.
If you have invested in Axis Equity Saver Fund from anywhere else, you can go to the fund house website and put a request through it.
AUM or Asset Under Management is the total value of the assets held by a Mutual Fund scheme. For instance, for an equity Mutual Fund, the AUM will be the total value of its portfolio's equity shares (plus any other asset it might have invested in). The AUM of the fund changes every day because the price of the underlying asset fluctuates daily. However, the Mutual Fund company doesn't update it every day. It is updated only at the end of the month and released within few days of the next month.
The AUM of the fund is a good indicator of its popularity. A fund with a high AUM means a lot of money has been invested in it, and investors like it. However, the AUM should never be the primary criteria while selecting a fund. There are funds with huge AUMs that continue to perform well despite their size.
The AUM of Axis Equity Saver Fund is ₹1,216 Crs.
The Axis Equity Saver Fund's equity portion has been invested in the stocks of the following companies
|Company||Percentage of Portfolio|
|HDFC Bank Ltd.||8.85%|
|ICICI Bank Ltd.||7.28%|
|Reliance Industries Ltd.||6.63%|
|Kotak Mahindra Bank Ltd.||2.79%|
|Hindustan Unilever Ltd.||2.78%|
|Indusind Bank Ltd.||2.56%|
|Bajaj Finance Ltd.||2.47%|
|Adani Ports and Special Economic Zone Ltd.||2.22%|
|Mahindra & Mahindra Ltd.||2.19%|
The Axis Equity Saver Fund's equity portion is primarily invested in the following sectors -
|Sector||Percentage of Portfolio|
|Metals & Mining||1.01%|
The credit rating of the instruments in which the fund invests represents the quality of the borrower.The Axis Equity Saver Fund's debt portion's allocation by credit quality is given below
|Credit Quality||Percentage of Portfolio|
|Cash & Call Money||31.12%|
The top 3 debt holdings of Axis Equity Saver Fund are as follows
|Holding Name||Percentage of Portfolio|
|Reserve Bank of India||11.8%|