Axis Equity Savings

All Cap

Hybrid

India Debt Medium Duration

Long Term

Others

Emotionally driven

Investor Profile

4–7 yearsInvestment Horizon

HNI, UHNI, Retail Investor, Mass AffluentTarget Segments

SEBI registered equity mutual fund suitable for all investor categoriesRegulatory Fit

Axis Equity Savings Fund Growth mixes stocks and bonds for balanced growth and stability.

What This Strategy Does

Axis Equity Savings Reg Gr is an equity savings fund which captures India's ₹100+ trillion financialization opportunity through a balanced allocation across financials, industrials, and consumer sectors, deploying capital to achieve benchmark-aligned compounding.

CW Expert Research Notes

Consistent Outperformance

The fund has demonstrated resilient benchmark-relative behavior, outperforming in 10 of the past 12 years, highlighting its ability to deliver consistent outcomes across market cycles.

Balanced Equity Exposure

The fund's equity allocation is well-diversified across market capitalizations, with a tilt towards large-cap and giant-cap stocks, complemented by meaningful mid-cap and small-cap exposure, reflecting a differentiated construction approach versus peers.

Defensive Positioning

With a significant allocation to cash and fixed income, the fund is positioned to exhibit lower volatility and downside protection, potentially playing a risk-mitigating role in portfolios while maintaining equity participation.

Performance and Risk Analysis

Historical returns, volatility patterns, and how this fund has performed relative to its benchmark.

Fund Performance

0.0% AnnuallyAlpha

+7.8% vs +9.2% benchmarkSince Inception

+7.8% vs +6.1% benchmark3Y Annualized

+5.8% vs +4.5% benchmark5Y Annualized

Axis Equity Savings

Benchmark Index

Benchmark Performance Comparison

Axis Equity Saver Fund

NIFTY 50 + FD Returns

Given the product’s limited performance history, the assessment considers the fund house’s track record and the historical performance of comparable strategies managed by the same fund house, which follow similar investment approaches. Such comparisons provide historical context only and do not represent the performance of the new product or indicate its future returns.

Risk Profile

Standard Deviation6.6%

Maximum Drawdown-5.1% | Oct 2024

Sharpe Ratio-0.33

Detailed Risks

Market Risk

Potential recession or demand contraction could undermine earnings for mid-cap holdings.

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.

Strategy Details

A closer look at the investment thesis, portfolio construction, and current holdings.

Core Investment Theme

Combines equity upside with debt stability to deliver risk-adjusted returns. This hybrid approach dynamically allocates between stocks and bonds, capturing market rallies while mitigating drawdowns through fixed income exposure. The impact is smoother compounding with lower volatility compared to pure equity investing.

Broader Market View

Market Outlook

The global economy faces headwinds from elevated inflation and tightening monetary policies. However, opportunities exist in sectors benefiting from secular trends like digitalization and sustainability.

Why This Strategy is Attractive Now

This strategy aims to capitalize on long-term structural trends by investing in companies with strong competitive advantages and growth potential. Its diversified approach may provide resilience during market volatility.

Investment Style & Process

Investment Style

The portfolio exhibits characteristics of a Quality Growth approach, emphasizing companies with durable competitive advantages, consistent earnings growth, and reasonable valuations relative to their long-term potential.

Why it Makes Sense

In the current environment of moderating economic growth and elevated uncertainty, a Quality Growth strategy can offer downside protection while participating in secular growth opportunities across sectors like technology and healthcare.

High-Level Investment Process

Sourcing: The strategy appears to source investment ideas from a broad universe of quality companies across market capitalizations, with a focus on those demonstrating sustainable competitive advantages, pricing power, and strong balance sheets. Selection: The selection process suggests a preference for companies with visible earnings growth, recurring revenue streams, and attractive valuations relative to their long-term cash flow potential. Construction: Portfolio construction is consistent with a diversified, conviction-weighted approach that balances risk management with the pursuit of alpha through selective overweights in high-conviction holdings.

Portfolio Holdings Overview

SectoralAllocation

Energy & Infra14.52%

Financial Services36.26%

Services15.07%

Capital Goods17.88%

Technology2.85%

Consumers12.4%

Utilities1.03%

Geographic Allocation

Domestic100%

Top Stock Holdings

CompanySectorAllocation

Net Receivables / (Payables)Utilities32.48%

ICICI Bank LtdFinancial Services7.30%

Reliance Industries LtdEnergy & Infra6.65%

HDFC Bank LtdFinancial Services5.05%

7.18% Govt Stock 2033Utilities4.61%

Clearing Corporation Of India LtdUtilities3.39%

Kotak Mahindra Bank LtdFinancial Services3.10%

Axis Money Market Dir GrUtilities2.96%

Tata Steel LtdCapital Goods2.89%

7.1% Govt Stock 2034Utilities2.86%

Fund House Management

The asset management company’s track record, AUM scale, and fund manager credentials.

Fund Manager Track Record

Krishnaa N

Lead Portfolio Manager

Krishnaa N has experience of 3 years. Manages 152 funds at Axis Asset Management Company Limited with an AUM of approximately ₹1,28,440 Cr

Mayank Hyanki

Co-Portfolio Manager

Mayank Hyanki has experience of 3 years. Manages 32 funds at Axis Asset Management Company Limited with an AUM of approximately ₹29,599 Cr

Devang Shah

Co-Portfolio Manager

Mr. Devang Shah has experience of 23 years. Manages 261 funds at Axis Asset Management Company Limited with an AUM of approximately ₹16,437 Cr Holds a B.Com degree.

Hardik Shah

Co-Portfolio Manager

Mr. Hardik Shah has experience of 18 years. Manages 180 funds at Axis Asset Management Company Limited with an AUM of approximately ₹7,209 Cr Holds a B.E. degree.

CW Expert Take

Axis operates with entrepreneurial agility despite institutional backing. Their investment philosophy emphasizes quality compounding in equities and prudent credit selection in debt. The fund house has built focused expertise rather than chasing asset gathering, resulting in concentrated portfolios with high-conviction ideas.

46 years

Combined Team Experience

₹ 1,81,685 Cr

Assets Under Management

Firm Overview

AMCAxis Asset Management Company Limited

Total AUM₹3,61,984.16 Cr

Investment Philosophy & Approach

Disciplined Approach

Axis AMC follows a disciplined investment approach focused on rigorous research.

Risk Management

Risk management is embedded in the investment process through robust controls.

Long-Term Perspective

The fund house adopts a long-term perspective in capital allocation decisions.

Operational & Regulatory Details

What it costs to invest, transaction mechanics, and regulatory disclosures you should know.

Costs and Fees

Total Expense Ratio (TER)2.67%

Exit Load1%

Regulatory & Tax Information

INF846K01VO3

ISIN

DailyDealing Frequency

LTCG | >1Year 12.5%% on gain above 1.25 Lakh

STCG | <1Year 20%%

Tax Implications (India)