Axis Equity Hybrid Fund Regular-IDCW Monthly
(Scheme Rating)
NAV as of Aug 29, 2024
14.360.00%
- IDCW Monthly - Regular
(Earn upto 1.08% Extra Returns with Direct Plan)
Fund Category:
Hybrid: Aggressive Hybrid
Expense Ratio:
2.13%(2.00% Category
average)Fund Size:
Rs. 1,682.75 Cr(0.69% of Investment in Category)
- Invest in MFADD TO PORTFOLIO
Axis Equity Hybrid Fund Regular-IDCW Monthly
(Scheme Rating)
NAV as of Aug 29, 2024
14.360.00%
Expense Ratio:
2.13%
Fund Size:
Rs. 1,682.75 Cr
Fund Category:
Hybrid: Aggressive Hybrid
1. Current NAV: The Current Net Asset Value of the Axis Equity Hybrid Fund - Regular Plan as of Aug 29, 2024 is Rs 14.36 for IDCW Monthly option of its Regular plan.
2. Returns: Its trailing returns over different time periods are: 27.66% (1yr), 10.59% (3yr), 14.66% (5yr) and 12.41% (since launch). Whereas, Category returns for the same time duration are: 32.69% (1yr), 16.07% (3yr) and 18.06% (5yr).
3. Fund Size: The Axis Equity Hybrid Fund - Regular Plan currently holds Assets under Management worth of Rs 1682.75 crore as on Jul 31, 2024.
4. Expense ratio: The expense ratio of the fund is 2.13% for Regular plan as on Aug 23, 2024.
5. Exit Load: Axis Equity Hybrid Fund - Regular Plan shall attract an Exit Load, "Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 12 months."
6. Minimum Investment: Minimum investment required is Rs 500 and minimum additional investment is Rs 500. Minimum SIP investment is Rs 1000.
Axis Equity Hybrid Fund Regular-IDCW Monthly Returns
Trailing Returns
Rolling Returns
Discrete Period
SIP Returns
1M 3M 6M 1Y 3Y 5Y Annualized Returns 1.55 12.02 17.25 27.16 10.59 14.83 Category Avg 1.22 10.09 16.07 32.34 16.05 18.18 Rank within Category 19 9 14 37 41 35 No. of funds within Category 47 46 46 44 43 39 - Loading...
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Return Comparison
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Axis Equity Hybrid Fund Regular-IDCW Monthly Fund Details
Investment Objective - The scheme seeks to generate long term capital appreciation along with current income by investing in a mix of Equity and Equity related Instruments, debt Instruments and money market instruments.
Fund House | Axis Mutual Fund |
Launch Date | Aug 09, 2018 |
Benchmark | CRISIL Hybrid 35+65 Aggressive Index |
Return Since Launch | 12.41% |
Riskometer | Very High |
Type | Open-ended |
Risk Grade | High |
Return Grade | Low |
Axis Equity Hybrid Fund Regular-IDCW Monthly Investment Details
Minimum Investment (Rs.) | 500.00 |
Minimum Additional Investment (Rs.) | 500.00 |
Minimum SIP Investment (Rs.) | 1,000.00 |
Minimum Withdrawal (Rs.) | 1,000.00 |
Exit Load Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 12 months. |
Portfolio Allocation
Equity
Debt
Asset Allocation
Loading...Asset Allocation History
Loading...EquityDebtCashSector Allocation
Loading...Market Cap Allocation
Loading...Concentration & Valuation Analysis
JUL 2024 JUN 2024 MAY 2024 APR 2024 MAR 2024 FEB 2024 Number of Holdings 96 92 91 85 87 89 Top 5 Company Holdings 20.85% 21.38% 21.55% 21.16% 21.08% 20.23% Top 10 Company Holdings 34.83% 35.11% 34.99% 34.04% 33.77% 31.65% Company with Highest Exposure ICICI Bank (5.5%) ICICI Bank (5.71%) ICICI Bank (6.24%) ICICI Bank (6.46%) ICICI Bank (6.15%) ICICI Bank (5.9%) Number of Sectors 16 16 16 15 14 15 Top 3 Sector Holdings 35.19% 37.76% 36.76% 37.85% 37.81% 36.54% Top 5 Sector Holdings 48.3% 49.65% 48.95% 50.54% 50.47% 49.07% Sector with Highest Exposure Financial (19.97%) Financial (21.08%) Financial (20.19%) Financial (22.73%) Financial (22.63%) Financial (21.4%)
Top Stock Holdings
Sector Holdings in MF
Debt Holdings in Portfolio
Company Sector Assest(%) P/E EPS-TTM(₹) RETURN 1 YR(%) ICICI Bank Financial 5.5 18.65 65.91 26.26 HDFC Bank Financial 4.47 18.27 89.60 3.03 Infosys Technology 3.93 30.28 64.20 36.38 Mahindra & Mahindra Automobile 2.98 31.59 88.80 76.67 Reliance Industries Energy 2.97 29.72 101.60 25.68 PI Industries Chemicals 2.8 39.03 115.17 20.53 Bharti Airtel Communication 2.71 96.53 16.46 83.10 Tata Consultancy Technology 2.52 35.15 129.55 33.64 NTPC Energy 2.11 18.85 22.08 85.39 Larsen & Toubro Construction 1.91 38.15 97.11 35.47
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Peer Comparison
Cumulative Returns
SIP returns
Discrete Returns
Quant Measures
Asset Allocation
Scheme Name NAV(Rs./Unit) Scheme Rating AUM(Rs. Cr) 1M 1Y 3Y 5Y Axis Equity Hybrid Fund Regular-IDCW Monthly 14.36 1,682.75 1.69 27.90 9.90 14.76 ICICI Prudential Equity & Debt Fund -IDCW Monthly 44.01 39,090.93 1.44 39.06 23.47 24.37 JM Aggressive Hybrid Fund-IDCW Monthly 93.39 486.95 1.73 49.74 24.19 26.96 Sundaram Aggressive Hybrid Fund-IDCW Monthly 30.57 5,191.82 1.37 30.19 13.81 17.03 Canara Robeco Equity Hybrid Fund Regular-IDCW Monthly 105.57 11,002.30 1.08 30.57 13.48 18.17
Risk Ratios
Ratios are calculated using the calendar month returns for the last 3 years
Standard Deviation
Standard Deviation
Standard deviation is the deviation of the fund's return around mean.
High Volatality
11.06VS10.01Fund Vs Category Avg
Beta
Beta
Beta shows the portfolio risk in relation to the market. A beta of less than 1 means that the fund returns are less volatile compared to the broader market. A beta of more than 1 means that the fund returns are more volatile than the broader markets. A beta equal to 1 means that fund's volatility is in line with the broader market.
High Volatality
0.90VS0.78Fund Vs Category Avg
Sharpe Ratio
Sharpe Ratio
Sharpe ratio is a risk adjusted performance measure. A fund with a higher Sharpe ratio is considered better than a fund with a lower Sharpe ratio.
Poor risk-adjusted returns
0.54VS1.06Fund Vs Category Avg
Treynor's Ratio
Treynor's Ratio
Treynor is a risk adjusted performance measure. A fund with a higher Treynor ratio is considered better than a fund with a lower Treynor ratio.
Poor risk-adjusted returns
6.66VS13.80Fund Vs Category Avg
Jensen's Alpha
Jensen's Alpha
Alpha shows the ability of the fund manager to outperform the market. A higher Alpha is preferred.
Poor risk-adjusted returns
-3.41VS2.48Fund Vs Category Avg
Mean Return
Mean Return
Average return generated by the fund during a specified period.
Poor average monthly returns
11.55VS16.13Fund Vs Category Avg
Risk Ratio Chart
- Risk Ratio
- Category Average
Axis Mutual Fund News
Fund Manager
- D.S.Devang ShahSince Apr 202413 schemes
- A.P.Aditya PagariaSince Feb 202311 schemes
- A.N.Ashish NaikSince Jul 20182 schemes
- J.S.Jayesh SundarSince Sep 20231 schemes
Mr. Shah is B.Com and ACA. Prior to joining Axis AMC he has worked with ICICI Prudential AMC, Deutsche Asset Management (India) Pvt. Ltd. and Pricewaterhouse Coopers.
Mr. Pagaria is a Bachelor in Management Studies and holds a Post Graduate Diploma in Business Management from Institute Of Technology And Management, SK Somaiya College. Prior to joining Axis AMC he was associated with ICICI Prudential AMC (Nov 2011-Jul 2016) as Fund Manager - Fixed Income Operations.
Scheme Name Category Nav(Rs./Unit) Scheme Rating Asset(Rs. Cr) 1Y Axis Overnight Fund Regular-IDCW Monthly Overnight 1,001.36 8,181.13 6.79 Axis Liquid Fund Regular-IDCW Monthly Liquid 1,001.82 27,339.16 7.37 Axis Short Term Fund Regular-IDCW Monthly Short Duration 10.23 8,413.57 7.56 Axis Money Market Fund Regular-IDCW Monthly Money Market 1,006.02 12,947.57 7.58 Axis Treasury Advantage Fund Regular-IDCW Monthly Low Duration 1,010.08 4,961.63 7.34 Axis Banking & PSU Debt Fund-IDCW Monthly Banking and PSU 1,033.71 13,679.12 7.16 Axis Multi Asset Allocation Fund Regular-IDCW Monthly Multi Asset Allocation 20.26 1,288.70 26.40 Axis Floater Fund Regular-IDCW Monthly Floater 1,015.90 255.01 9.18 Axis Short Term Fund Retail-IDCW Monthly Short Duration 10.05 Unrated 8,413.57 7.52 Axis Liquid Fund Retail-IDCW Monthly Liquid 1,001.19 Unrated 27,339.16 6.83 Axis Treasury Advantage Fund Retail-IDCW Monthly Low Duration 1,010.08 Unrated 4,961.63 7.34 Mr. Naik is a B.E from Mumbai University and MBA from XLRI, Jamshedpur. Prior to joining Axis Mutual Fund he was associated with organizations such as Goldman Sachs and has over 7 years of experience as an Equity Analyst.
Scheme Name Category Nav(Rs./Unit) Scheme Rating Asset(Rs. Cr) 1Y Axis Arbitrage Fund Regular-IDCW Monthly Arbitrage 11.00 5,605.02 7.54 Axis Multi Asset Allocation Fund Regular-IDCW Monthly Multi Asset Allocation 20.26 1,288.70 26.40 Mr. Sundar is a Chartered Accountant Prior to joining Axis MF, he has worked with Aviva Life Insurance Company, Tata Securities Ltd., Collins Stewart India Pvt. Ltd., IL&FS Investsmart and CRISIL
Scheme Name Category Nav(Rs./Unit) Scheme Rating Asset(Rs. Cr) 1Y Axis Multi Asset Allocation Fund Regular-IDCW Monthly Multi Asset Allocation 20.26 1,288.70 26.40
More Axis Mutual Fund
Scheme Name | Rating | Asset Size(Cr) | 1M | 3M | 6M | 1Y | 3Y |
---|---|---|---|---|---|---|---|
Axis Liquid Fund Regular-Growth | 36,518.03 | 0.60 | 1.86 | 3.75 | 7.32 | 5.74 | |
Axis Liquid Fund Retail-Growth | 36,518.03 | 0.56 | 1.73 | 3.48 | 6.77 | 5.21 | |
Axis ELSS Tax Saver Fund-Growth | 34,895.64 | 5.81 | 12.73 | 16.06 | 27.56 | 11.40 | |
Axis Bluechip Fund-Growth | 32,707.97 | 4.98 | 9.60 | 14.36 | 27.98 | 11.61 | |
Axis Midcap Fund Regular-Growth | 27,747.62 | 9.18 | 24.49 | 27.86 | 46.39 | 22.03 | |
Axis Small Cap Fund Regular-Growth | 20,504.37 | 7.37 | 19.53 | 17.34 | 38.50 | 25.83 | |
Axis Banking & PSU Debt Fund-Growth | 13,660.32 | 0.57 | 1.72 | 3.51 | 6.48 | 5.17 | |
Axis Focused Fund Regular-Growth | 13,341.11 | 6.37 | 11.18 | 14.34 | 23.89 | 8.45 | |
Axis Growth Opportunities Fund Regular-Growth | 12,424.49 | 8.70 | 15.30 | 22.46 | 38.33 | 19.57 | |
Axis Flexi Cap Fund Regular-Growth | 12,011.72 | 7.46 | 16.71 | 19.31 | 33.70 | 14.52 |
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1. Axis Equity Hybrid Fund - Regular Plan is Open-ended Aggressive Hybrid Hybrid scheme which belongs to Axis Mutual Fund House.
2. The fund was launched on Aug 09, 2018.
Investment objective & Benchmark
1. The investment objective of the fund is that " The scheme seeks to generate long term capital appreciation along with current income by investing in a mix of Equity and Equity related Instruments, debt Instruments and money market instruments. "
2. It is benchmarked against CRISIL Hybrid 35+65 Aggressive Index.
Asset Allocation & Portfolio Composition
1. The asset allocation of the fund comprises around 76.5% in equities, 21.72% in debts and -0.01% in cash & cash equivalents.
2. While the top 10 equity holdings constitute around 31.9% of the assets, the top 3 sectors constitute around 35.19% of the assets.
3. The fund largely follows a Growth oriented style of investing and invests across market capitalisations - around 0.0% in giant & large cap companies, 0.0% in mid cap and 0.0% in small cap companies.
4. The portfolio allocation of debt securities primarily have 2 kinds of risks: interest rate risk & credit risk. While the interest rate movements are driven by the fund's duration, credit quality of debt securities are based on the weighted average credit ratings of a fund. Generally, funds with high credit quality will have the weighted average credit rating of AA- and higher rated securities, funds with medium credit quality will hold securities having credit rating lying between A- to BBB- and funds with low credit quality will hold securities having average credit rating of less than BBB-. Credit rating is a qualitative tool that basically assesses the creditworthiness and financial soundness of a company and takes into consideration several factors including the default rate and solvency of the concerned business entity.
Tax Implications on Axis Equity Hybrid Fund Regular-IDCW Monthly
Hybrid funds which usually invest 65% or more in equity & equity-related instruments will be taxed like Equity funds and those which invest up to 35% in equity & equity-related instruments will be taxed like the new taxation structure of debt funds. Also, the hybrid funds which invest between 35-65% in equity & equity-related instruments will be taxed as per the old taxation structure of debt funds. Generally, tax implications are based on the average asset allocation of the last 12 months in which the fund has invested. However, since the market is dynamic, asset allocation towards equity may increase or decrease depending on the prevailing market & economic conditions. So, the tax treatment of the given fund will vary accordingly and will be determined by its asset allocation. Below are the tax implications from the equity as well as debt side:
For Hybrid funds with 65% and above allocation in equity & equity related instruments:
1. Gains are taxed at a rate of 15% (Short-term Capital Gain Tax - STCG) if units are redeemed within 1 year of investment.
2. For units redeemed after 1 year of investment, gains of up to Rs. 1 lakh accruing from those units in a financial year shall be exempted from tax.
3. Gains of more than Rs. 1 lakh will be taxed at a rate of 10% (Long-term Capital Gain Tax - LTCG).
For Hybrid funds with 35-65% allocation in equity & equity related instruments:
1. If units are redeemed within 3 years of investment, the whole gain will be added to the investor's income and taxed as per his/her applicable slab rate.
2. For units redeemed after 3 years of investment, gains will be taxed at a rate of 20% post-indexation benefits. Indexation is a process of recalculating the purchase price after accounting for inflation into it. The benefit of indexation lies in lowering one's capital gains which brings down the taxable income and thereby reduces taxes on it.
For Hybrid funds with 0-35% allocation in equity & equity related instruments:
Capital Gains Tax Implications:
If the investment is made after Apr 1, 2023:
1. The entire amount of gain will be added to the investor's income (irrespective of the period of investment) and will be taxed as per his/her applicable slab rate.
If the investment is made before Apr 1, 2023:
1. If units are redeemed within 3 years of investment, the whole gain will be added to the investor's income and taxed as per his/her applicable slab rate.
2. For units redeemed after 3 years of investment, gains will be taxed at a rate of 20% post-indexation benefits. Indexation is a process of recalculating the purchase price after accounting for inflation into it. The benefit of indexation lies in lowering one's capital gains which brings down the taxable income and thereby reduces taxes on it.
Dividend Tax Implications:
1. For Dividend Distribution Tax, the dividend income from this fund will get added to an investor’s income and taxed according to his/her respective tax slabs.
2. Also, for dividend income more than Rs 5,000 in a financial year; the fund house shall deduct a TDS of 10% on such income.
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FAQs about Axis Equity Hybrid Fund Regular-IDCW Monthly
- Is it safe to invest in Axis Equity Hybrid Fund - Regular Plan?As per SEBI’s latest guidelines to calculate risk grades, investment in the Axis Equity Hybrid Fund - Regular Plan comes under Very High risk category.
- What is the category of Axis Equity Hybrid Fund - Regular Plan?Axis Equity Hybrid Fund - Regular Plan belongs to the Hybrid : Aggressive Hybrid category of funds.
- How Long should I Invest in Axis Equity Hybrid Fund - Regular Plan?The suggested investment horizon of investing into Axis Equity Hybrid Fund - Regular Plan is >3 years. The suggested investment horizon is the minimum time required for holding investments in the fund to reduce its downside risk and ensure that the returns become more predictable.
- Who manages the Axis Equity Hybrid Fund - Regular Plan?The Axis Equity Hybrid Fund - Regular Plan is managed by Devang Shah (Since Apr 05, 2024) , Aditya Pagaria (Since Feb 01, 2023) , Ashish Naik (Since Jul 20, 2018) and Jayesh Sundar (Since Sep 28, 2023).
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