Axis Equity Saver Fund - Balancing Financial Growth
The open-ended Axis Equity Saver Fund was launched in 2015 and is a recent player in the mutual fund industry. Being an equity-oriented balanced fund from Axis Mf, its primary aim is to enhance growth and income simultaneously. It is among the best-performing balanced fund schemes in India, and has set its market possession in just one year of inception, i.e., until December 2016. The investors seeking capital appreciation while generating income over the medium- to long-term should invest their money in this plan to gain substantial benefits.
Axis Equity Saver Fund (G) has the primary aim to provide capital appreciation and income distribution to the investors by making investments in the equity and equity-related securities, availing arbitrage opportunities, and buying debt and money market instruments. If you too want to gain the same benefits in the mutual fund industry to attain balanced financial growth, then you must take a glance at the brief synopsis of this scheme which will help you in deciding whether you should buy it or not.
Axis Equity Saver Fund - Investment Details
The investment objective of the scheme is to provide capital appreciation opportunities along with income distribution, by focusing on equity, debt and arbitrage opportunities. The benchmark of the plan against which its performance is measured is CRISIL MIP Blended Fund Index. The minimum amount of investment is Rs.5000 only, and for making an additional purchase, the minimum value is Rs.100. The plans offered by the scheme are regular and direct both, which are further bifurcated into growth and dividend investment strategies. The exit load on the scheme is NIL rated for 10% investments, while for the remaining, 1% exit load is chargeable if the funds are redeemed or switched within twelve months of purchase.
Axis Equity Saver Plan attempts to manage the risk factors through active asset allocation. According to detailed historical analysis done by the AMC, such a scheme is able to generate a much lower risk profile compared to a 100% equity investment strategy. NAV of the scheme amounted to Rs.10.920 as on March 31, 2017, which shows the per-unit value of the plan as on that date. The SIP and lump sum, both the options are available for the investors to opt for making an investment as per their convenience. The SIP return calculator will further help in analysing actual profits from the scheme in the future so as to decide whether to opt for it or not.
Axis Equity Saver Fund - Performance Details
The two years’ absolute annual returns since its inception have been noteworthy as they provided positive returns until now. In the year 2016, the absolute profits were 2.3% which is commendable when compared with the other schemes’ profits in their initiating years. The annualised returns for its one-year investments are 10.6%, which are again tremendous to earn great returns over medium term. The scheme has been providing comparatively efficient returns within a short period of time.
Axis Equity Saver Fund - Portfolio Review
With an asset size amounting to Rs.774 crore as on February 28, 2017, the scheme has major allotment of the funds, i.e., 65.61%, in equity funds, while the remaining has been put in the debt instruments. The sector allocation graph of the scheme depicts that major allocation of assets has been made in the financial, automobile, chemicals, engineering, consumer durable, and FMCG industries. The top holdings of the scheme include Reliance Industries, HDFC, Infosys, Cholamandalam Investment & Finance, Torrent Power, and Motherson Sumi Systems.
Accordingly, it can be concluded here that the fund shall empower one to earn high worth in capital while the debt investments made in different debentures, bonds and government securities will ensure regular income. Investing in this plan would be beneficial for the investors from the financial growth point of view.
So if you want to invest in Axis Equity Saver Fund (G) online, then you must avail our free online investment services that will make your investment journey simplified. Furthermore, our financial advisors will assist you in opting for better plans as per your investment goals.