December 9, 2023
mayank
Axis Equity Hybrid Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
Current NAV:
NAV Growth: Rs 18.0900
Quarterly NAV IDCW: Rs 14.4300
Monthly NAV IDCW: Rs 15.0500
NAV IDCW: Rs 13.9600
Suitable For Which Investors?
When you invest for five years or more, you can expect gains that comfortably beat the inflation rate as well as returns from fixed income options. But be prepared for ups and downs in your investment value along the way.
Aggressive hybrid funds invest 65-80 per cent of your money in equity shares and the rest in bonds. Their returns are slightly lower than those of pure equity funds which invest all your money in shares, but they also fall relatively less when the stock markets decline. This makes them suitable for conservative equity investors or first-time equity investors who are not used to sharp ups and downs.
Like for all equity-linked investments, you must invest only through the SIP route.
Investment Strategy:
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 Manager:
1) Aditya Pagaria
Education: 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.
Experience: Prior to joining Axis AMC he was associated with ICICI Prudential AMC (Nov 2011-Jul 2016) as Fund Manager – Fixed Income Operations.
2) Ashish Naik
Education: Mr. Naik is a B.E from Mumbai University and MBA from XLRI, Jamshedpur.
Experience: 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.
3) Jayesh Sundar
Education: Mr. Sundar is a Chartered Accountant
4) R Sivakumar
Education: Mr. Sivakumar is a B.Tech from IIT Madras and MBA from IIM Ahmedabad.
Experience: Prior to joining Axis AMC he has worked with BNP Paribas Mutual Fund, Sundaram Mutual Fund (2001-2004), HDFC Mutual Fund and ITC Threadneedle.
Investment Details
| Min. Investment (Rs) | 500 |
| Min. Addl Investment (Rs) | 500 |
| Min. SIP Investment (Rs) | 1,000 |
| Min. Withdrawal (Rs) | 1,000 |
| Min. No of Cheques | 6 |
| Min. Balance (Rs) | 1 |
| Lock-in Period | NA |
| Exit Load | For units in excess of 10% of the investment, 1% will be charged for redemption Within 365 days |
Basic Details of Axis Equity Hybrid Fund
| Fund House | Axis Mutual Fund |
| Launch Date | 09-Aug-18 |
| Return Since Launch | 11.75% |
| Benchmark | CRISIL Hybrid 35+65 Aggressive Index |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 1,600 Cr |
| (As on 31-Oct-2023) | |
| Expense | 0.91% |
| (As on 31-Oct-2023) | |
| Risk Grade | High |
| Return Grade | Below Average |
| Turnover | — |
Axis Equity Hybrid Fund Trailing Returns (%)
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Axis Eqt Hybrid Dir | 12.57 | -0.06 | 5.17 | 3.67 | 9.57 | 10.30 | 11.82 | 13.14 | — | — |
| VR Balanced TRI | 15.74 | 0.29 | 7.02 | 5.43 | 11.82 | 13.01 | 15.68 | 14.33 | — | — |
| Hybrid: Aggressive Hybrid | 20.12 | 0.02 | 5.73 | 5.05 | 14.34 | 17.62 | 17.62 | 14.99 | — | — |
| Rank within category | 44 | 36 | 33 | 39 | 42 | 43 | 40 | 26 | — | — |
| Number of funds in category | 45 | 46 | 46 | 45 | 45 | 45 | 42 | 35 | 27 | 22 |
Peer Comparison of Axis Equity Hybrid Fund
| Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | Turnover (%) | |
| Axis Eqt Hybrid Dir | 2 star | 10.30 | 11.82 | 13.14 | 0.91 | 1,600 | 11.75 | 1.00 (365) | 5Y 4M | 43.00 |
| ICICI Pru Eqt & Debt Dir | 5 star | 23.15 | 27.04 | 20.01 | 1.11 | 26,183 | 17.50 | 1.00 (365) | 10Y 11M | 25.00 |
| HDFC Hybrid Eqt Dir | 4 star | 13.55 | 18.33 | 15.08 | 1.08 | 21,192 | 15.42 | 1.00 (365) | 10Y 11M | 37.59 |
| Canara Robeco Eqt Hybrid Dir | 4 star | 16.15 | 15.86 | 15.95 | 0.55 | 9,278 | 14.79 | 1.00 (365) | 10Y 11M | 26.00 |
| HDFC Children’s Gift Dir | 5 star | 21.93 | 20.62 | 17.42 | 0.96 | 7,742 | 16.37 | — | 10Y 11M | 12.82 |
Portfolio Analysis of Axis Equity Hybrid Fund
| No. of Stocks | 60 |
| Top 10 Holdings | 35.94% |
| Top 5 Stocks | 22.53% |
| Top 3 Sectors | 40.05% |
| Portfolio P/B Ratio | 4.34 |
| Portfolio P/E Ratio | 28.25 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 1,59,863 | 1,38,367 |
| Giant (%) | 60.69 | 52.93 |
| Large (%) | 13.48 | 17.95 |
| Mid (%) | 20.05 | 22.77 |
| Small (%) | 5.77 | 7.84 |
| Tiny (%) | — | 0.06 |
| Fund | Category | |
| Number of Securities | 87 | 72 |
| Macaulay Duration (yrs) | 3.63 | 3.01 |
| Average Maturity (yrs) | 4.98 | 4.64 |
| Yield to Maturity (%) | 7.85 | 7.53 |
| Avg Credit Rating | AAA | — |
How to Invest in Axis Equity Hybrid Fund?
Chanakya’s Mutual Fund Guidance For Axis Equity Hybrid Fund
Do not invest in this, or any other aggressive hybrid fund, if you need to redeem your investment in less than five years.
Apply Online: https://www.axismf.com/mutual-funds
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