AXIS Equity Saver Fund - Direct (IDCW-M)


Equity Savings
  • NAV 13.18 (0.15%)
  • Fund Size (Cr) ₹893.02
  • Expense Ratio 0.97
  • Scheme Type Active Fund
  • Value Research
  • Minimum investment ₹500
  • Minimum Additional Investment ₹100
  • Minimum SIP Investment ₹100
  • Minimum Withdrawal ₹1000
  • Exit Load 0%
  • Return Since Launch 9.13%

Basic Details

Scheme Manager
R Sivakumar
Bench Mark
NIFTY Equity Savings Index TRI
Type
OPEN

Lumpsum Returns

  • Period Invested For
  • ₹10000 Invested on
  • Latest Value
  • Absolute Returns
  • Annualised Returns
  • Category Avg
  • Rank within Category
  • 1 Week
  • 28-Nov-23
  • 10233.15
  • 2.33%
  • -
  • 1.45%
  • 6/140
  • 1 Month
  • 03-Nov-23
  • 10393.69
  • 3.94%
  • -
  • 2.87%
  • 21/140
  • 3 Month
  • 05-Sep-23
  • 10467.72
  • 4.68%
  • -
  • 3.43%
  • 7/140
  • 6 Month
  • 05-Jun-23
  • 10921.89
  • 9.22%
  • -
  • 7.47%
  • 29/140
  • 1 Year
  • 05-Dec-22
  • 11169.09
  • 11.69%
  • 11.69%
  • 10.40%
  • 47/140
  • 3 Year
  • 04-Dec-20
  • 13495.59
  • 34.96%
  • 10.51%
  • 9.59%
  • 55/140
  • 5 Year
  • 05-Dec-18
  • 16216.49
  • 62.16%
  • 10.15%
  • 8.99%
  • 36/117
  • Since Inception
  • 14-Aug-15
  • 20677
  • 106.77%
  • 9.13%
  • 7.80%
  • 43/140

SIP Returns

  • Period Invested For
  • ₹10000 Invested on
  • Investments
  • Latest Value
  • Absolute Returns
  • Annualised Returns
  • 1 Year
  • 02-Jan-23
  • 120000
  • 197100.84
  • 64.25%
  • 64.25%
  • 3 Year
  • 01-Jan-21
  • 360000
  • 580946.87
  • 61.37%
  • 17.29%
  • 5 Year
  • 01-Jan-19
  • 600000
  • 1030946.57
  • 71.82%
  • 11.43%
  • 10 Year
  • 01-Sep-15
  • 1000000
  • 1810897.26
  • 81.09%
  • 6.12%

Tax Treatment

If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh. Any cess/surcharge is not included.If sold before 1 year from purchase date, short term capital gain tax will be applicable. Current tax rate is 15%. Any cess/surcharge is not included in the 15%.

Mutual Funds Calculator

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Risk Ratios

  • Standard Deviation
    0.27%
  • Beta
    0.39%
  • Sharpe Ratio
    0.09%
  • Treynor’s Ratio
    0.06%
  • Jension’s Alpha
    0.02%

Asset Allocation

There is no Asset Allocation data.

Sector Allocation

There is no Sector Allocation data.

Top 10 stock holding in portfolio

  • Stock Invested in
  • % of Total Holdings
  • Quantity
  • Value (Cr)
  • Asset Type
  • Segment
  • HDFC Bank
  • 5.74%
  • 347411
  • 51.30
  • Equity
  • Banks
  • Reliance Industr
  • 5.07%
  • 197818
  • 45.26
  • Equity
  • Refineries
  • ICICI Bank
  • 4.25%
  • 414504
  • 37.94
  • Equity
  • Banks
  • IndusInd Bank
  • 3.91%
  • 242500
  • 34.95
  • Equity
  • Banks
  • TCS
  • 2.24%
  • 59313
  • 19.98
  • Equity
  • IT - Software
  • Tata Motors
  • 2.21%
  • 314625
  • 19.78
  • Equity
  • Automobile
  • Infosys
  • 2.19%
  • 143041
  • 19.57
  • Equity
  • IT - Software
  • Larsen & Toubro
  • 1.94%
  • 59068
  • 17.30
  • Equity
  • Infrastructure Developers & Operators
  • Bajaj Finance
  • 1.9%
  • 22679
  • 16.99
  • Equity
  • Finance
  • M & M
  • 1.7%
  • 103900
  • 15.15
  • Equity
  • Automobile

Peer Comparison

  • Scheme Name
  • Value Research
  • Asset Size (Cr)
  • 1M
  • 3M
  • 6M
  • 1Y
  • 3Y
  • AXIS Equity Saver Fund - Direct (IDCW-M)
  • 893.02
  • 3.94%
  • 4.68%
  • 9.22%
  • 11.69%
  • 10.51%
  • ICICI Pru Equity Savings Fund - Dir (IDCW-Q)
  • 7324.66
  • 1.16%
  • 15.58%
  • 20.47%
  • 24.26%
  • 14.31%
  • HSBC Equity Savings Fund - Direct (G)
  • 175.39
  • 3.92%
  • 4.43%
  • 9.22%
  • 16.00%
  • 12.78%
  • HSBC Equity Savings Fund - Direct (IDCW-M)
  • 175.39
  • 3.92%
  • 4.42%
  • 9.21%
  • 15.98%
  • 12.77%
  • SBI Equity Savings Fund - Direct (G)
  • 3072.61
  • 3.13%
  • 3.38%
  • 10.92%
  • 15.64%
  • 11.80%
  • SBI Equity Savings Fund - Direct (IDCW-M)
  • 3072.61
  • 3.13%
  • 3.38%
  • 10.92%
  • 15.64%
  • 11.80%

News

  • AXIS Mutual Fund Announces Appointment of Key Personnel AXIS Mutual Fund has announced that Mr. Abhishek Arvind Gupta has been appointed as Associate - Equity of Axis Asset Management Company Ltd. with effect from November 13, 2023.

    Details of Mr. Abhishek Arvind Gupta

    Age: 24 years

    Designation: Associate - Equity

    Qualification: PGDM ? Banking and Financial Services

    Powered by Capital Market - Live News

  • Axis MF Announces IDCW & Monthly Income Distribution cum Capital Withdrawal (IDCW) under its schemes Axis Mutual Fund has announced 28 November 2023 as the record date for declaration of Income Distribution cum Capital Withdrawal (IDCW) under the IDCW option of following schemes. The amount of IDCW (Rs per unit) on the face value of Rs 10 per unit will be:

    Axis Arbitrage Fund ? Regular Plan ? IDCW Option & Direct Plan - IDCW Option: 0.05 each.

    Axis Equity Saver Fund ? Regular Plan ? Monthly IDCW Option & Direct Plan ? Monthly IDCW Option: 0.09 each.

    Axis Equity Hybrid Fund ? Regular Plan ? Monthly IDCW Option & Direct Plan ? Monthly IDCW Option: 0.10 each.

    Axis Multi Asset Allocation Fund ? Regular Plan ? IDCW Option & Direct Plan ? IDCW Option: 0.15 each.

    Powered by Capital Market - Live News

  • Axis MF Announces change in scheme name Axis Mutual Fund has announced change in scheme name under the following scheme, with effect from 08 December 2023:

    Change in the name of the Scheme:

    Existing Name Revised Name
    Axis Long Term Equity Fund (Tax Savings) Axis ELSS Tax saver Fund

    Powered by Capital Market - Live News

Fund House Details & Investment Objective

  • Date of Incorporation 27-Jul-2015
  • Total AUM (Cr) ₹893.02

AXIS Equity Saver Fund - Direct (IDCW-M) is an Equity Savings-oriented fund from the renowned AMC, Axis Mutual Fund. Launched in Jul 2015, this fund is managed by R Sivakumar. With assets under management (AUM) worth ₹893.02 (Cr), as of 06-Dec-2023, AXIS Equity Saver Fund - Direct (IDCW-M) is categorized as a Equity Savings within its segment. The fund has generated a return of 9.13% since its launch.
The current NAV of AXIS Equity Saver Fund - Direct (IDCW-M) is ₹13.18, as on 06-Dec-2023. The fund’s benchmark index is NIFTY Equity Savings Index TRI. You can invest in AXIS Equity Saver Fund - Direct (IDCW-M) via both lumpsum and SIP modes. The minimum SIP amount in the fund is ₹100 while the minimum lumpsum investment is ₹500.
Being an open-ended fund, you can exit the fund anytime subject to applicable exit loads:
If redeemed/swich out within 1 months from the date of allotment: - For 10% of investment : Nil - For remaining investment : 1%1.00% - If redeemed/switched out on or within 1 months from the date of allotmentNIL - If redeemed/switch out after 1 months from the date of allotment.
The fund has generated 10.51% and 10.15% CAGR in the last 3 and 5 years respectively.

The fund aims to provide long-term capital appreciation and growth, by investing in a mix of financial instruments 68.49% in Equity, 31.14% in Debt and 0.36% in cash and cash equivalents
The top 5 sectors the fund invests in are: 32.77% in Cash & Others, 28.24% in Debt, 21.09% in Banks, 7.11% in IT-Software and 5.36% in Petroleum Products.

FAQs on AXIS Equity Saver Fund - Direct (IDCW-M)

AXIS Equity Saver Fund - Direct (IDCW-M) is a popular fund in the Equity Savings segment. The fund has generated a return of 9.13% since inception. Looking to invest in AXIS Equity Saver Fund - Direct (IDCW-M)? How about earning 1% extra return? All this is possible with m.Stock! Investing in AXIS Equity Saver Fund - Direct (IDCW-M) is super easy and convenient with m.Stock. Here’s how you can begin:

  • Login to your m.Stock account. If you do not have an account, open m.Stock Demat account and enjoy 1% extra returns plus Zero Brokerage across products for life.
  • In the ‘Menu’ section, under ‘Products’, select ‘Mutual Funds’ .
  • In the search bar, enter the fund name, in this case, AXIS Equity Saver Fund - Direct (IDCW-M)
  • On the top right corner you’ll see two options – Lumpsum and SIP. You can choose either based on your risk appetite and available investible corpus.
  • If you choose to invest a Lumpsum: Enter amount, select payment mode (UPI or Netbanking), and click on ‘invest a lumpsum’. Make the payment and your lumpsum investment is complete.
  • If you choose the SIP route, then enter SIP amount, SIP date, and set up ‘Autopay’ facility.

So, why wait? Invest in AXIS Equity Saver Fund - Direct (IDCW-M) today and reap the benefits of this Equity Savings fund!

In the short term, i.e., 1 year, AXIS Equity Saver Fund - Direct (IDCW-M) has generated annualised return of 11.69%. In the long-term, the fund has generated 10.51% and 10.15% in 3 and 5 years respectively. Since its inception, the fund has generated 9.13% returns.

The expense ratio of AXIS Equity Saver Fund - Direct (IDCW-M) Direct Growth is 0.97%. Expense ratio is the fees payable by investors of the scheme towards management, research and overall upkeep of the fund. The higher the expense ratio, the lower is the in-hand return for the investor. Expense ratio for direct plans is lower than regular plans, making them ideal for investors.

The Assets Under Management (AUM) of AXIS Equity Saver Fund - Direct (IDCW-M) is ₹893.02 (Cr) as of 06 December 2023. AUM shows the fund’s popularity and is often indicative of fund strength.

Redeeming or selling units of AXIS Equity Saver Fund - Direct (IDCW-M) is relatively simple. But before you redeem, ensure that the fund has completed the minimum lock-in period else you will be charged an exit load.

To redeem from AXIS Equity Saver Fund - Direct (IDCW-M):

  • Login to your m.Stock account
  • In portfolio, your mutual fund investments will be visible under ‘MF’
  • Select the fund you wish to redeem from (in this case AXIS Equity Saver Fund - Direct (IDCW-M)).
  • Click on ‘Redeem’ button
  • You have 2 options – redeem by units and redeem by value (you can only redeem free units)
  • Select units to be redeemed and click on submit.
  • Redemption value will be credited to your account in 2-3 working days (as per timelines set by SEBI).

Yes, you can invest both lumpsum and SIP in AXIS Equity Saver Fund - Direct (IDCW-M). Minimum lumpsum investment AXIS Equity Saver Fund - Direct (IDCW-M) is ₹500 and minimum SIP amount is ₹100. Lumpsum option is ideal for investors with higher investible corpus and market experience. SIP option is recommended for retail investors who do not have the time or expertise to time the market.

The latest NAV (Net Asset Value) of AXIS Equity Saver Fund - Direct (IDCW-M) is ₹13.18 as on 06 December 2023.

The 5 biggest stock holdings of AXIS Equity Saver Fund - Direct (IDCW-M) are:
HDFC Bank (5.74%), Reliance Industr (5.07%), ICICI Bank (4.25%), IndusInd Bank (3.91%), TCS (2.24%)

A majority of AXIS Equity Saver Fund - Direct (IDCW-M) 's AUM worth ₹893.02 (Cr) is invested in these 3 top sectors:

  • Cash & Others: 32.77%
  • Debt: 28.24%
  • Banks: 21.09%

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