Axis Equity Hybrid Fund is an open-ended hybrid scheme that invests primarily in equity and equity related instruments. The investment objective of the fund is to generate long term capital appreciation along with current income by parking money in a combination of equity and equity related instruments, debt instruments and money market instruments. There, however, is no guarantee that the scheme’s investment objective will be achieved.
About Axis Mutual Fund: The Company launched its first scheme in October 2009. Today, the fund house has a well-rounded product suite, consisting of over 50 schemes. Axis Mutual Fund has established its presence in 90+ cities, and has more than 20 lakh active investor accounts.
(Note - All the information contained in this page has been sourced from the official website of Axis Mutual Fund.)
The features of Axis Equity Hybrid Fund are as under:
| Top 10 Issuers | % Of Net Assets |
|---|---|
| HDFC Bank Limited | 6.00 |
| Kotak Mahindra Bank Limited | 5.94 |
| Bajaj Finance Limited | 5.54 |
| Tata Consultancy Services Limited | 5.07 |
| State Bank Of India | 4.86 |
| Housing Development Finance Corporation Limited | 4.81 |
| Reliance Industries Limited | 4.36 |
| ICICI Bank Limited | 4.24 |
| Air India Assets Holding Limited (Backed By Government Of India Fully Serviced Bonds) | 3.47 |
| Avenue Supermarts Limited | 3.30 |
Source: Official website of Axis Mutual Fund
| SIP Investments | Since Inception SIP | 5 Year SIP | 3 Year SIP | 1 Year SIP |
|---|---|---|---|---|
| Total Amount Invested | Rs. 1,60,000 | Rs. 6,00,000 | Rs. 3,60,000 | Rs. 1,20,000 |
| Market Value (As on 29-11-2019) | Rs. 1,77,380 | - | - | Rs. 1,31,507 |
| Returns (Annualised) | 15.61% | - | - | 18.40% |
| Benchmark Returns (Annualised) | 11.03% | - | - | 12.85% |
| Additional Benchmark Returns (Annualised) | 11.73% | - | - | 14.21% |
Source: Official website of Axis Mutual Fund
Entities can invest in the schemes of Axis Mutual Fund through the company's website. A new investor would first have to register with Axis Mutual Fund by providing certain details, like name, mobile number, email address, date of birth and PAN. Users who have already registered with the fund house will need to login using their PAN or email address.
To invest in any mutual fund scheme of Axis Mutual Fund, an individual would need to submit filled-up application form, PAN proof, KYC letter and a copy of cancelled cheque. For the purpose of proof of identity, some of the documents that are accepted include passport, voter ID, PAN card, driving license, Aadhaar card, NREGA job card and any document notified by the central government. The documents that can serve as proof of address are passport, voter ID, driving license, Aadhaar card, NREGA job card and any document notified by the central government.
