December 19, 2023
mayank
Axis Regular Saver Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
Current NAV:
NAV Growth: Rs 30.4958
Yearly NAV IDCW: Rs 15.2794
NAV IDCW Quarterly: Rs 13.4364
Suitable For Which Investors?
“Conservative hybrid funds invest roughly a quarter of your money in equity shares and the rest in bonds. These funds are suitable for those who cannot withstand too much volatility in the value of their investments and are content with moderate returns which are slightly higher than returns from fixed income options.
They may also suit those looking for a regular income from their accumulation. The debt portion of these funds provides a moderate, but steady stream of income. The small equity allocation though adds a bit of volatility, but helps boost returns to keep up with the rate of inflation over the long term.
Invest only if your investment horizon is three years or more. To derive dependable income with some degree of inflation protection, invest your accumulated savings in these funds gradually over at least a few months, and then maintain a withdrawal rate in the range of 4-6 per cent of the value of your investment every year.”
Fund’s Investment Strategy:
The fund seeks to generate regular income through investments in debt and money market securities.
Fund Manager:
1) 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.
2) Jayesh Sundar
Education: Mr. Sundar is a Chartered Accountant
3) Devang Shah
Education: Mr. Shah is B.Com and ACA.
Experience: Prior to joining Axis AMC he has worked with ICICI Prudential AMC, Deutsche Asset Management (India) Pvt. Ltd. and Pricewaterhouse Coopers.
4) Sachin Jain
Education: Mr. Jain is a B.Tech, AGMP (Management)
Experience: Prior to joining Axis Asset Management Company Ltd., he has worked with Sundaram Mutual Fund, I- Cap, Sunidhi securities and Finance Ltd.
Investment Details
| Min. Investment (Rs) | 500 |
| Min. Addl Investment (Rs) | 500 |
| Min. SIP Investment (Rs) | 100 |
| 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 30 days |
Basic Details of Axis Regular Saver Fund
| Fund House | Axis Mutual Fund |
| Launch Date | 01-Jan-13 |
| Return Since Launch | 9.08% |
| Benchmark | NIFTY 50 Hybrid Composite Debt 15:85 |
| Riskometer | High |
| Type | Open-ended |
| Assets | Rs 420 Cr |
| (As on 30-Nov-2023) | |
| Expense | 0.78% |
| (As on 30-Nov-2023) | |
| Risk Grade | Above Average |
| Return Grade | Average |
| Turnover | — |
Axis Regular Saver Fund Trailing Returns (%)
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Axis Regular Saver Dir | 9.55 | 0.12 | 2.18 | 2.42 | 5.05 | 9.35 | 7.90 | 8.18 | 8.31 | 9.42 |
| VR MIP TRI | 12.00 | -0.04 | 4.04 | 3.70 | 7.53 | 11.66 | 9.22 | 9.42 | 9.25 | 9.46 |
| Hybrid: Conservative Hybrid | 11.66 | 0.07 | 2.40 | 3.18 | 6.65 | 11.40 | 8.91 | 8.87 | 8.32 | 9.84 |
| Rank within category | 27 | 5 | 24 | 23 | 28 | 26 | 18 | 17 | 12 | 13 |
| Number of funds in category | 31 | 31 | 31 | 31 | 31 | 31 | 27 | 24 | 24 | 21 |
Peer Comparison of Axis Regular Saver 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 Regular Saver Dir | 2 star | 9.35 | 7.90 | 8.18 | 0.78 | 420 | 9.08 | 1.00 (30) | 10Y 11M | 16.00 |
| SBI Cons Hybrid Dir | 5 star | 11.91 | 10.88 | 11.01 | 0.62 | 9,054 | 9.99 | 1.00 (365) | 10Y 11M | — |
| ICICI Pru Regular Svngs Dir | 4 star | 11.46 | 9.69 | 10.18 | 0.92 | 3,317 | 10.69 | 1.00 (365) | 10Y 11M | 17.00 |
| HDFC Hybrid Debt Dir | 4 star | 13.81 | 11.61 | 10.51 | 1.29 | 2,939 | 10.00 | 1.00 (365) | 10Y 11M | — |
| Kotak Debt Hybrid Dir | 5 star | 14.39 | 11.92 | 12.58 | 0.45 | 2,106 | 11.00 | 1.00 (180) | 10Y 11M | 24.23 |
Portfolio Analysis of Axis Regular Saver Fund
| Number of Stocks | 42 |
| Number of Bonds | 32 |
| Average Maturity (yrs) | 7.65 |
| Top 10 Holdings | 52.79% |
| Portfolio P/B Ratio | 5.13 |
| Portfolio P/E Ratio | 31.47 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 1,94,121 | 1,99,056 |
| Giant (%) | 63.91 | 58.97 |
| Large (%) | 13.68 | 17.77 |
| Mid (%) | 17.82 | 18.07 |
| Small (%) | 4.59 | 9.16 |
| Tiny (%) | — | — |
| Fund | Category | |
| Number of Securities | 73 | 58 |
| Macaulay Duration (yrs) | 4.02 | 3.47 |
| Average Maturity (yrs) | 7.65 | 6.27 |
| Yield to Maturity (%) | 7.99 | 7.72 |
| Avg Credit Rating | AAA | — |
How to Invest in Axis Regular Saver Fund?
Chanakya’s Mutual Fund Guidance For Axis Regular Saver Fund
Apply Online: https://www.axismf.com/mutual-funds
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