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Axis Equity Savings Fund - Direct Plan - Growth
★★★★★ monitor_heart Health Score: 56/100 · AverageAxis Mutual Fund · Hybrid · Equity Savings
₹26.33
AUM: ₹865 Cr
NAV updated 17 days ago
Plan
Direct
Option
Growth
Risk
High
Expense Ratio
1.0%
Exit Load
Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 1 months.
Fund Manager
R Sivakumar, Anupam Tiwari
Inception
Aug 2015
Benchmark
NIFTY Equity Savings Total Return Index
Sharpe Ratio
-0.32
Std Dev (1Y)
4.85%
Historical Returns (CAGR)
Annualized trailing returns computed from NAV history — past performance only, not a guarantee of future results.
1m
+2.31%
3m
+3.03%
6m
+1.28%
1y
+4.35%
3y
+9.88%
5y
+8.91%
10y
+9.67%
since inception
+9.22%
rate_review TopFund's Take on Axis Equity Savings Fund - Direct Plan - Growth
Axis Equity Savings Fund - Direct Plan - Growth sits in the middle of the pack for Equity Savings funds, currently carrying a 2-star rating. TopFund's composite Health Score, which weighs rating, 3-year CAGR, expense ratio and fund size, puts it at 56/100.
Cost: At 1.0%, the expense ratio is meaningfully cheaper — about 12% below the Equity Savings category average of 1.14% (based on 151 comparable funds). Lower costs compound in your favour over long holding periods.
Risk-adjusted performance: Over the trailing 1-year period, the fund shows a negative Sharpe ratio of -0.32 — over the past year, returns haven't kept pace with the volatility involved, even before accounting for the risk-free rate. Separately, annualised volatility of 4.85% is on the lower side, suggesting a comparatively smoother ride.
Who should invest: This fund is best suited to investors whose goals and risk appetite align with a Hybrid fund. The High risk rating means near-term volatility should be expected — this isn't a fund to check daily.
This is an automated, data-driven analysis based on the fund's own metrics and its category peers — not personalized investment advice. Consult a SEBI-registered advisor before investing.
donut_small Sector Allocation
pie_chart Asset Allocation
info Fund Snapshot
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tips_and_updates Tools & Guides for This Fund
Frequently Asked Questions about Axis Equity Savings Fund - Direct Plan - Growth
The current NAV (Net Asset Value) of Axis Equity Savings Fund - Direct Plan - Growth is ₹26.33. NAV is updated every business day after market close by AMFI.
1Y: 4.35% · 3Y CAGR: 9.88% · 5Y CAGR: 8.91%
The expense ratio is 1.0% per annum — the annual fee deducted from your investment to cover fund management costs.
Axis Equity Savings Fund - Direct Plan - Growth is managed by R Sivakumar, Anupam Tiwari at Axis Mutual Fund.
Axis Equity Savings Fund - Direct Plan - Growth is a High risk fund. Suitable for investors with a 3+ year horizon.
Yes, Axis Equity Savings Fund - Direct Plan - Growth is an equity fund, making it suitable for SIP investments. Regular monthly SIPs help average out market volatility through rupee-cost averaging.
The Assets Under Management (AUM) of Axis Equity Savings Fund - Direct Plan - Growth is ₹866 crore as of the latest data.
* Past performance is not indicative of future results. Mutual fund investments are subject to market risks.