Rating : ★ ★ ★ ☆ ☆

Axis Regular Saver Fund Direct Plan Half Yearly Dividend Reinvestment

Hybrid

  

Conservative Hybrid Fund

NAV

11.6629-0.0197

(as on 17 Sep, 2020)

RETURNS

3.24 %

Fund Type

Open Ended

Investment Plan

Dividend Reinvestment

Investment Plan

1%

Benchmark

IISL Nifty 50 TR INR

Asset Size

170.66 Cr.

(As of 31 Aug, 2020)

Risk

Moderately High

Objective

To generate regular income through investments in debt & money market instruments, along with capital appreciation through limited exposure to equity and equity related instruments.

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Fund manager

Devang Shah

Exit load

1 %

(If redeemed within 360 days)

Minimum sip

₹1000

Minimum investment

₹5000

Top Holdings

This fund is been allocated in various sectors including some of the prominent ones that are widely accepted and are creating a value of trust.

Company

Assets

Indian Railway Finance Corporation Limited

6.19%

Housing Development Finance Corporation Limited

6.15%

REC LIMITED

6.15%

The Tata Power Company Limited

5.93%

Sector Allocation

About the Scheme Type

Conservative Hybrid Funds need to invest at least 75 – 90% of their assets in debt and money market instruments, with an option to invest around 10 – 25% in equity related instruments. And because of their very high contribution to the debt domain, Conservative Hybrid funds are less volatile than equity and other hybrid funds and helps in generating consistent income.

Ratings

This fund is rated 3 stars by Morning Star Ratings.

★ ★ ★ ☆ ☆

Overview of Axis Asset Management Company Limited

Axis Mutual Fund has grown strongly since the time it launched its first scheme in October 2009. The vision statement of Axis Mutual Fund has been to responsibly manage money and risks to help people feel financially secure and confident of a brighter and prosperous future. We attribute our success, thus far, to Axis Mutual Fund’s 3 founding principles

  • Long term wealth creation
  • Outside in (Customer) view
  • Long term relationship

Our product, sales and service strategy is entirely guided by this. We, at Axis Mutual Fund, aim to provide quality financial and investment solutions to help customers feel financially secure and confident of a brighter and prosperous future. We lay a strong emphasis on risk management and planning. We encourage our investors and our partners to take a holistic view which extends beyond mere investing surpluses to investing with an underlying dream, aspiration or goal.

Investment Philosophy of Axis Mutual Fund:

  • Business to be built on three pillars
    • Outside-in View
    • Investor at the heart of every single decision
    • Communication in investor’s language, not in ours
  • Enduring Wealth Creation
    • Playing a serious and credible role in investor’s money basket
    • Encouraging investors to build a long-term perspective of the mutual fund category
  • Long-term Relationships
    • Outside-in View
    • Aiming at building relationships rather than being transactional