Axis Equity Hybrid Fund Direct Growth
HybridAggressive AllocationVery High Risk
Direct
NAV (17-May-24)
₹19.510.46%1D
Returns (Since Inception)
12.28%
Rated ★4.5+ on 
Fund Overview
Fund Size
₹1,589 Cr
Expense Ratio
1.02%
ISIN
INF846K01E25
Minimum SIP
₹500
Exit Load
1.00%
Inception Date
09 Aug 2018
About this fund
Axis Equity Hybrid Fund Direct Growth is a Aggressive Allocation mutual fund schemes offered by Axis Mutual Fund. This fund has been in existence for 5 years, 9 months and 9 days, having been launched on 09-Aug-18.
As of 17-May-24, it has a Net Asset Value (NAV) of ₹19.51, Assets Under Management (AUM) of 1588.78 Crores, and an expense ratio of 1.02%.
As of 17-May-24, it has a Net Asset Value (NAV) of ₹19.51, Assets Under Management (AUM) of 1588.78 Crores, and an expense ratio of 1.02%.
- Axis Equity Hybrid Fund Direct Growth has given a CAGR return of 12.28% since inception.
- The fund's asset allocation comprises around 77.59% in equities, 21.58% in debts, and 0.83% in cash & cash equivalents.
- You can start investing in Axis Equity Hybrid Fund Direct Growth with a SIP of ₹500 or a Lumpsum investment of ₹500.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+21.03%
+28.20% (Cat Avg.)
3 Years
+12.29%
+16.32% (Cat Avg.)
5 Years
+13.80%
+15.82% (Cat Avg.)
Since Inception
+12.28%
— (Cat Avg.)
Portfolio Summaryas of 30th April 2024
| Equity | ₹1,232.76 Cr | 77.59% |
| Debt | ₹342.89 Cr | 21.58% |
| Others | ₹13.14 Cr | 0.83% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| ICICI Bank Ltd | Equity | ₹102.62 Cr | 6.46% |
| HDFC Bank Ltd | Equity | ₹76.98 Cr | 4.85% |
| 7.18% Govt Stock 2037 | Bond - Gov't/Treasury | ₹59.71 Cr | 3.76% |
| Reliance Industries Ltd | Equity | ₹50.47 Cr | 3.18% |
| Infosys Ltd | Equity | ₹46.2 Cr | 2.91% |
| Tata Consultancy Services Ltd | Equity | ₹45.76 Cr | 2.88% |
| Bharti Airtel Ltd | Equity | ₹40.46 Cr | 2.55% |
| 7.18% Govt Stock 2033 | Bond - Gov't/Treasury | ₹39.95 Cr | 2.51% |
| Mahindra & Mahindra Ltd | Equity | ₹39.59 Cr | 2.49% |
| PI Industries Ltd | Equity | ₹38.86 Cr | 2.45% |
| Larsen & Toubro Ltd | Equity | ₹38.03 Cr | 2.39% |
| 7.25% Govt Stock 2063 | Bond - Gov't/Treasury | ₹34.71 Cr | 2.18% |
| Future on State Bank of India | Equity - Future | ₹32.16 Cr | 2.02% |
| NTPC Ltd | Equity | ₹31.07 Cr | 1.96% |
| Avenue Supermarts Ltd | Equity | ₹30.41 Cr | 1.91% |
| Bajaj Finserv Ltd | Equity | ₹27.46 Cr | 1.73% |
| Sun Pharmaceuticals Industries Ltd | Equity | ₹25.68 Cr | 1.62% |
| Bharti Telecom Limited | Bond - Corporate Bond | ₹25.31 Cr | 1.59% |
| Bharat Highways InvIT Unit | Equity | ₹24.91 Cr | 1.57% |
| Sansera Engineering Ltd | Equity | ₹24.5 Cr | 1.54% |
| Godrej Consumer Products Ltd | Equity | ₹22.18 Cr | 1.40% |
| Mankind Pharma Ltd | Equity | ₹22.15 Cr | 1.39% |
| State Bank of India | Equity | ₹21.98 Cr | 1.38% |
| Bajaj Finance Ltd | Equity | ₹20.92 Cr | 1.32% |
| Divi's Laboratories Ltd | Equity | ₹20.55 Cr | 1.29% |
| Net Receivables / (Payables) | Cash | ₹-20.04 Cr | 1.26% |
| Muthoot Finance Limited | Bond - Corporate Bond | ₹19.92 Cr | 1.25% |
| Kotak Mahindra Bank Ltd | Equity | ₹19.45 Cr | 1.22% |
| FSN E-Commerce Ventures Ltd | Equity | ₹19.21 Cr | 1.21% |
| Coal India Ltd | Equity | ₹18.91 Cr | 1.19% |
| Samvardhana Motherson International Ltd | Equity | ₹18.44 Cr | 1.16% |
| Cholamandalam Investment And Fin. Co. Ltd | Bond - Corporate Bond | ₹17.86 Cr | 1.12% |
| Jio Financial Services Ltd | Equity | ₹16.92 Cr | 1.06% |
| Brigade Enterprises Ltd | Equity | ₹16.88 Cr | 1.06% |
| R R Kabel Ltd | Equity | ₹15.99 Cr | 1.01% |
| Fine Organic Industries Ltd Ordinary Shares | Equity | ₹15.96 Cr | 1.00% |
| Sumitomo Chemical India Ltd Ordinary Shares | Equity | ₹15.75 Cr | 0.99% |
| J.B. Chemicals & Pharmaceuticals Ltd | Equity | ₹15.25 Cr | 0.96% |
| UNO Minda Ltd | Equity | ₹15.16 Cr | 0.95% |
| Power Finance Corporation Ltd. | Bond - Corporate Bond | ₹15.07 Cr | 0.95% |
| Indian Bank | Equity | ₹15.04 Cr | 0.95% |
| HDFC Bank Limited | Bond - Corporate Bond | ₹15.03 Cr | 0.95% |
| 360 One Prime Ltd. 9.2% | Bond - Corporate Bond | ₹14.98 Cr | 0.94% |
| Aadhar Housing Finance Limited | Bond - Corporate Bond | ₹14.93 Cr | 0.94% |
| Motherson Sumi Wiring India Ltd | Equity | ₹14.85 Cr | 0.93% |
| Embassy Office Parks Reit | Bond - Corporate Bond | ₹14.71 Cr | 0.93% |
| Tata Motors Ltd | Equity | ₹14.39 Cr | 0.91% |
| Indian Oil Corp Ltd | Equity | ₹14.28 Cr | 0.90% |
| HDFC Bank Limited | Bond - Corporate Bond | ₹14.26 Cr | 0.90% |
| Cholamandalam Investment and Finance Co Ltd | Equity | ₹14.03 Cr | 0.88% |
| SBI Life Insurance Company Limited | Equity | ₹13.6 Cr | 0.86% |
| Clearing Corporation Of India Ltd | Cash - Repurchase Agreement | ₹13.38 Cr | 0.84% |
| Apollo Hospitals Enterprise Ltd | Equity | ₹13.08 Cr | 0.82% |
| Zomato Ltd | Equity | ₹12.84 Cr | 0.81% |
| Can Fin Homes Ltd | Equity | ₹12.57 Cr | 0.79% |
| DOMS Industries Ltd | Equity | ₹12.45 Cr | 0.78% |
| Grasim Industries Ltd | Equity | ₹12.06 Cr | 0.76% |
| Nestle India Ltd | Equity | ₹11.61 Cr | 0.73% |
| Mphasis Ltd | Equity | ₹11.57 Cr | 0.73% |
| Shree Cement Ltd | Equity | ₹10.95 Cr | 0.69% |
| TeamLease Services Ltd | Equity | ₹10.8 Cr | 0.68% |
| Mahanagar Telephone Nigam Limited | Bond - Corporate Bond | ₹10.09 Cr | 0.64% |
| Dlf Home Developers Limited 8.5% | Bond - Corporate Bond | ₹9.98 Cr | 0.63% |
| Mahanagar Telephone Nigam Limited | Bond - Corporate Bond | ₹9.95 Cr | 0.63% |
| India (Republic of) | Bond - Short-term Government Bills | ₹9.95 Cr | 0.63% |
| Indostar Capital Finance Limited | Bond - Corporate Bond | ₹9.93 Cr | 0.62% |
| 191 DTB 19072024 | Bond - Gov't/Treasury | ₹9.85 Cr | 0.62% |
| Info Edge (India) Ltd | Equity | ₹9.62 Cr | 0.61% |
| Computer Age Management Services Ltd Ordinary Shares | Equity | ₹8.65 Cr | 0.54% |
| Vedant Fashions Ltd | Equity | ₹7.21 Cr | 0.45% |
| Navin Fluorine International Ltd | Equity | ₹6.84 Cr | 0.43% |
| K.P.R. Mill Ltd | Equity | ₹6.77 Cr | 0.43% |
| Clean Science and Technology Ltd | Equity | ₹6.47 Cr | 0.41% |
| Alkem Laboratories Ltd | Equity | ₹6.23 Cr | 0.39% |
| HCL Technologies Ltd | Equity | ₹5.47 Cr | 0.34% |
| Ess KAy Auto Finance Private Limited | Bond - Corporate Bond | ₹4.99 Cr | 0.31% |
| Punjab National Bank | Bond - Corporate Bond | ₹4.92 Cr | 0.31% |
| Power Finance Corporation Limited | Bond - Corporate Bond | ₹2.97 Cr | 0.19% |
| Schaeffler India Ltd | Equity | ₹2.64 Cr | 0.17% |
| Maruti Suzuki India Ltd | Equity | ₹2.21 Cr | 0.14% |
| Sona BLW Precision Forgings Ltd | Equity | ₹2.14 Cr | 0.13% |
| 07.92 Wb SDL 2027 | Bond - Gov't/Treasury | ₹2.02 Cr | 0.13% |
| Hindustan Unilever Ltd | Equity | ₹1.56 Cr | 0.10% |
| Power Finance Corporation Limited | Bond - Corporate Bond | ₹1.05 Cr | 0.07% |
| Suryoday Small Finance Bank Ltd | Equity | ₹0.96 Cr | 0.06% |
| Aether Industries Ltd | Equity | ₹0.81 Cr | 0.05% |
| 08.16 KA Sdl 2025 | Bond - Gov't/Treasury | ₹0.51 Cr | 0.03% |
| Grasim Industries Ltd Ordinary Shares (Partly Paid Rs.0.50) | Equity | ₹0.19 Cr | 0.01% |
| 7.72% Govt Stock 2028 | Bond - Gov't/Treasury | ₹0.03 Cr | 0.00% |
Allocation By Market Cap (Equity)
Large Cap Stocks
58.76%
Mid Cap Stocks
10.16%
Small Cap Stocks
8.67%
Allocation By Credit Quality (Debt)
AAA
AA
A
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹367.45 Cr | 23.13% |
| Consumer Cyclical | ₹155.45 Cr | 9.78% |
| Technology | ₹117.64 Cr | 7.40% |
| Basic Materials | ₹107.9 Cr | 6.79% |
| Healthcare | ₹102.94 Cr | 6.48% |
| Industrials | ₹101.76 Cr | 6.40% |
| Energy | ₹83.66 Cr | 5.27% |
| Consumer Defensive | ₹65.77 Cr | 4.14% |
| Communication Services | ₹50.08 Cr | 3.15% |
| Utilities | ₹31.07 Cr | 1.96% |
| Real Estate | ₹16.88 Cr | 1.06% |
Risk & Performance Ratios
Standard Deviation
This fund
10.74%
Cat. avg.
10.05%
Lower the better
Sharpe Ratio
This fund
0.64
Cat. avg.
1.02
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
1.93
Higher the better
Fund Managers
Devang Shah
Since April 2024
AP
Aditya Pagaria
Since February 2023
Ashish Naik
Since August 2018
Jayesh Sundar
Since September 2023
Additional Scheme Detailsas of 30th April 2024
| ISIN | INF846K01E25 | Expense Ratio | 1.02% | Exit Load | 1.00% | Fund Size | ₹1,589 Cr | Age | 09 Aug 2018 | Lumpsum Minimum | ₹500 | Fund Status | Open Ended Investment Company | Benchmark | CRISIL Hybrid 35+65 - Agg TR INR |
|---|
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Withdrawal within 1 year
Flat 15% tax on realised gains (STCG - short term capital gains)
Withdrawal after 1 year
10% tax on realised gains above Rs. 1 lakh per financial year (LTCG - long term capital gains)
Note: Mutual funds are subject to capital gains taxation with surcharge and cess, based on prevailing income tax rules and investor income. Taxation applies to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Aggressive Allocation Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Mahindra Manulife Aggressive Hybrid Fund Regular Growth Very High Risk | 2.2% | 1.0% | ₹1138.39 Cr | 32.9% |
| Mahindra Manulife Aggressive Hybrid Fund Direct Growth Very High Risk | 0.5% | 1.0% | ₹1138.39 Cr | 35.2% |
| Bandhan Hybrid Equity Fund Direct Growth Very High Risk | 1.1% | 1.0% | ₹693.61 Cr | 26.1% |
| Bandhan Hybrid Equity Fund Regular Growth Very High Risk | 2.4% | 1.0% | ₹693.61 Cr | 24.5% |
| Tata Hybrid Equity Fund Regular Growth Very High Risk | 1.9% | 1.0% | ₹3748.90 Cr | 23.0% |
| UTI Hybrid Equity Fund Regular Growth Very High Risk | 1.9% | 1.0% | ₹5487.53 Cr | 31.2% |
| Nippon India Equity Hybrid Fund Regular Growth Very High Risk | 2.0% | 1.0% | ₹3522.61 Cr | 30.2% |
| SBI Equity Hybrid Fund Regular Growth Very High Risk | 1.4% | 1.0% | ₹68409.82 Cr | 24.7% |
| Canara Robeco Equity Hybrid Fund Regular Growth Very High Risk | 1.7% | 1.0% | ₹10077.44 Cr | 25.1% |
| Quant Absolute Fund Regular Growth Very High Risk | 2.0% | 1.0% | ₹2024.53 Cr | 37.3% |
About the AMC
Total AUM
₹2,79,542 Cr
Address
Axis House, 1st Floor, C-2, Wadia International Centre, Mumbai, 400 025
Other Funds by Axis Mutual Fund
Risk Level
Your principal amount will be at Very High Risk
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Still got questions?
We're here to help.
What is the current NAV of Axis Equity Hybrid Fund Direct Growth?
The NAV of Axis Equity Hybrid Fund Direct Growth, as of 17-May-2024, is ₹19.51.
What are the returns of Axis Equity Hybrid Fund Direct Growth?
The fund has generated 21.03% over the last 1 year and 12.29% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
What is the portfolio composition of Axis Equity Hybrid Fund Direct Growth?
The fund's allocation of assets is distributed as 77.59% in equities, 21.58% in bonds, and 0.83% in cash and cash equivalents.
Who manages the Axis Equity Hybrid Fund Direct Growth?
The fund managers responsible for Axis Equity Hybrid Fund Direct Growth are:-
- Devang Shah
- Aditya Pagaria
- Ashish Naik
- Jayesh Sundar
Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.
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Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.