e.g. Tata motors, Reliance MF, 500570

Axis Equity Savings Fund - Direct Plan - IDCW-Monthly

Hybrid Equity Oriented Moderately High

NAV on (17 Aug 2026 )

₹13.58

(-0.15%)

Fund Size

₹888.91 Crores

1Y Returns

-1.02 %

 
Earn 1% Higher Returns in Direct Funds on dhan Invest  Top Funds
Disclaimer: Mutual Fund investments are subject to market risks. Read all scheme related documents carefully before investing.

 

Investment Objective

The investment objective of the scheme is 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.

AMC

Axis Asset Management Company Ltd.

Fund Details

Launch Date

August 20, 2015

Fund Manager

Mr. Hardik Shah

Initial Price

10

AUM Fund

888.91 Cr

Min investment

Rs 5000

Expense Ratio

1.52%

SIP Minimum Investment

Daily - Rs. 100/- and in multiples of Re 1/- thereafter. Minimum number of installments 6.Weekly - Rs. 100/- and in multiples of Re 1/- thereafter. Minimum number of installments 6.Monthly - Rs. 100/- and in multiples of Re 1/- thereafter. Minimum number of installments 6. Yearly - Rs. 12,000/- and in multiple of Re.1/- thereafter. Minimum number of installments 3.

Exit Load

If redeemed/switch out within 1 month from the date of allotment- For 10% of investment : Nil- For remaining investment : 1%If redeemed/switch out after 1 month from the date of allotment: Nil.

1 Month

+0.44%

6 Months

-0.95%

1 Year

-1.02%

2 Years (CAGR)

-2.14%

3 Years (CAGR)

+1.99%

5 Years (CAGR)

+0.15%

Holdings

Net Receivables / (Payables) 35.07%
7.18% Government of India (14/08/2033) 4.62%
7.1% Government of India (08/04/2034) 4.02%
Axis Money Market Fund - Direct Plan - Growth Option 2.93%
Bank Nifty Index August 2026 Future 2.36%
Clearing Corporation of India Ltd 2.16%
8.52% Muthoot Finance Limited (07/04/2028) 1.69%
5% GMR Airports Limited (13/02/2027) 1.42%
DLF Limited 1.20%
8.65% TVS Holdings Limited (07/06/2029) 1.13%
8.9% Muthoot Finance Limited (07/10/2027) 1.13%
9% Aditya Birla Digital Fashion Ventures Limited (20/07/2029) 1.13%
Cholamandalam Investment and Finance Company Ltd (27/02/2029) (FRN) 1.12%
9.01% Hiranandani Financial Services Private Limited (30/03/2029) 1.12%
7.69% REC Limited (31/03/2033) 0.57%
ITC Limited 0.57%
8.8% Aditya Birla Digital Fashion Ventures Limited (26/08/2027) 0.56%
NTPC Limited 0.38%
7.26% Government of India (22/08/2032) 0.35%
Indian Bank 0.33%
7.18% Government of India (24/07/2037) 0.23%
8.20% Power Grid Corporation of India Limited (23/01/2030) 0.12%
Interest Rate Swaps Pay Floating Receive Fix -NOMURA (25/02/2029) (FV 1000 Lacs) 0.01%
One 97 Communications Limited August 2026 Future -0.02%
Bharat Electronics Limited August 2026 Future -0.02%
Hindustan Petroleum Corporation Limited August 2026 Future -0.03%
Mphasis Limited August 2026 Future -0.04%
Havells India Limited August 2026 Future -0.04%
Godrej Properties Limited August 2026 Future -0.04%
Cummins India Limited August 2026 Future -0.04%
NTPC Limited August 2026 Future -0.05%
GMR Airports Limited August 2026 Future -0.05%
Biocon Limited August 2026 Future -0.05%
TVS Motor Company Limited August 2026 Future -0.07%
Maruti Suzuki India Limited August 2026 Future -0.10%
APL Apollo Tubes Limited August 2026 Future -0.11%
Cipla Limited August 2026 Future -0.11%
Solar Industries India Limited August 2026 Future -0.11%
Bajaj Finserv Limited August 2026 Future -0.12%
Power Grid Corporation of India Limited August 2026 Future -0.12%
HDFC Asset Management Company Limited August 2026 Future -0.14%
Hindustan Unilever Limited August 2026 Future -0.18%
Hindalco Industries Limited August 2026 Future -0.19%
Bajaj Finance Limited August 2026 Future -0.19%
Pidilite Industries Limited August 2026 Future -0.20%
Grasim Industries Limited August 2026 Future -0.22%
State Bank of India August 2026 Future -0.22%
Glenmark Pharmaceuticals Limited August 2026 Future -0.23%
Shriram Finance Limited August 2026 Future -0.24%
United Spirits Limited August 2026 Future -0.31%
Aurobindo Pharma Limited August 2026 Future -0.31%
Crompton Greaves Consumer Electricals Limited August 2026 Future -0.32%
Vodafone Idea Limited August 2026 Future -0.32%
Bandhan Bank Limited August 2026 Future -0.34%
Sun Pharmaceutical Industries Limited August 2026 Future -0.37%
Bharti Airtel Limited August 2026 Future -0.37%
Yes Bank Limited August 2026 Future -0.40%
Jindal Steel Limited August 2026 Future -0.51%
Divi's Laboratories Limited August 2026 Future -0.52%
Punjab National Bank August 2026 Future -0.53%
ITC Limited August 2026 Future -0.57%
Apollo Hospitals Enterprise Limited August 2026 Future -0.57%
Larsen & Toubro Limited August 2026 Future -0.59%
SBI Life Insurance Company Limited August 2026 Future -0.71%
IndusInd Bank Limited August 2026 Future -0.75%
Ambuja Cements Limited August 2026 Future -0.77%
Bank of Baroda August 2026 Future -0.87%
Mahindra & Mahindra Limited August 2026 Future -0.90%
RBL Bank Limited August 2026 Future -0.92%
Titan Company Limited August 2026 Future -0.92%
DLF Limited August 2026 Future -1.21%
Hindustan Aeronautics Limited August 2026 Future -1.41%
Eternal Limited August 2026 Future -1.68%
Kotak Mahindra Bank Limited August 2026 Future -2.04%
HDFC Bank Limited August 2026 Future -2.64%
Tata Steel Limited August 2026 Future -2.65%
ICICI Bank Limited August 2026 Future -3.56%
Reliance Industries Limited August 2026 Future -6.24%

Sector Allocation

Miscellaneous 10.58%
Banks 20.33%
Iron and Steel 4.13%
Telecommunications 3.07%
Auto 2.60%
Service 2.97%
Engineering 4.56%
Finance 7.32%
Construction 1.20%
Consumer Durables 1.14%
Pharmaceuticals and health care 7.52%
Cement 1.21%
Auto Ancillaries 0.69%
Information Technology 2.09%
Beverages - Alcoholic 0.62%
Power 0.95%
Tobacco 0.57%
Personal Care 0.69%
Petrochemicals 0.37%
Electric Equipment 0.55%
Paints and Pigments 0.47%
Chemicals 0.31%
Metals - Non Ferrous 0.18%
Infrastructure 0.05%
Petroleum 0.03%
Electronics 0.02%
Address
One Lodha Place, 22 & 23 Floor, Senapati Bapat Marg, Lower Parel, Mumbai Maharashtra India 400013
Phone
+91 22 66496100
Fax
+91 22 43255199
Launch Date
August 20, 2015
Custodian
Deutsche Bank A. G.
Registrar & Transfer Agent
KFin Technologies Limited

Frequently Asked Questions

Q: What is the current NAV of Axis Equity Savings Fund - Direct Plan - IDCW-Monthly?

A: The latest NAV of Axis Equity Savings Fund - Direct Plan - IDCW-Monthly is ₹ 13.58 as on 17 Aug 2026.

Q: What type of mutual fund is Axis Equity Savings Fund - Direct Plan - IDCW-Monthly?

A: Axis Equity Savings Fund - Direct Plan - IDCW-Monthly is a 'Hybrid - Equity Oriented' type mutual fund managed by 'Axis Asset Management Company Ltd.'.

Q: What is the expense ratio of Axis Equity Savings Fund - Direct Plan - IDCW-Monthly?

A: The expense ratio of Axis Equity Savings Fund - Direct Plan - IDCW-Monthly is 1.52%, which impacts overall returns.

Q: Who manages Axis Equity Savings Fund - Direct Plan - IDCW-Monthly?

A: Axis Equity Savings Fund - Direct Plan - IDCW-Monthly is managed by Mr. Hardik Shah, who oversees investment strategy and portfolio decisions.

Q: Is Axis Equity Savings Fund - Direct Plan - IDCW-Monthly a good investment?

A: Axis Equity Savings Fund - Direct Plan - IDCW-Monthly may be suitable depending on your financial goals, risk appetite, and investment horizon. Always evaluate fund performance and consult a financial advisor.

Q: What is the exit load of Axis Equity Savings Fund - Direct Plan - IDCW-Monthly?

A: The exit load of Axis Equity Savings Fund - Direct Plan - IDCW-Monthly is If redeemed/switch out within 1 month from the date of allotment- For 10% of investment : Nil- For remaining investment : 1%If redeemed/switch out after 1 month from the date of allotment: Nil., applicable if redeemed within the specified period.

Q: How is Axis Equity Savings Fund - Direct Plan - IDCW-Monthly taxed?

A: Taxation depends on the fund type (equity/debt) and holding period as per Indian tax laws.

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