{"id":244964,"date":"2026-09-11T17:44:53","date_gmt":"2026-09-11T12:14:53","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/axis-equity-savings-fund-direct-growth-review-2026\/"},"modified":"2026-09-11T17:44:53","modified_gmt":"2026-09-11T12:14:53","slug":"axis-equity-savings-fund-direct-growth-review-2026","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/axis-equity-savings-fund-direct-growth-review-2026\/","title":{"rendered":"Axis Equity Savings Fund Direct Growth Review 2026: NAV, Returns, Portfolio &#038; Should You Invest?"},"content":{"rendered":"<p><a href=\"https:\/\/univest.in\/mutual-funds\/axis-equity-savings-fund-g-direct-plan\">Axis Equity Savings Fund Direct Growth Plan<\/a> has a NAV of \u20b926.62 as of 10 Sep 2026 and an AUM of \u20b9885 Cr. Its 1-year, 3-year and 5-year returns are 5.51%, 9.55% and 7.89%, respectively, and it sits in the Medium Risk category. Our view is that it looks suited to investors who want a hybrid allocation with a measured risk profile rather than a pure equity swing.<\/p>\n<p>The fund\u2019s medium-risk profile, steady longer-term record and meaningful non-equity exposure make it more balanced than an outright equity fund. Recent performance has been softer than its 3-year track, so the current appeal is more about consistency and portfolio mix than strong near-term momentum.<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/axis-equity-savings-fund-direct-growth-review-2026\/#Quick_facts\" title=\"Quick facts\">Quick facts<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/axis-equity-savings-fund-direct-growth-review-2026\/#Performance\" title=\"Performance\">Performance<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/axis-equity-savings-fund-direct-growth-review-2026\/#Should_you_BUY_or_HOLD_Axis_Equity_Savings\" title=\"Should you BUY or HOLD Axis Equity Savings?\">Should you BUY or HOLD Axis Equity Savings?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/axis-equity-savings-fund-direct-growth-review-2026\/#Peer_comparison\" title=\"Peer comparison\">Peer comparison<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/axis-equity-savings-fund-direct-growth-review-2026\/#Portfolio_where_your_money_goes\" title=\"Portfolio: where your money goes\">Portfolio: where your money goes<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/axis-equity-savings-fund-direct-growth-review-2026\/#Who_should_invest\" title=\"Who should invest\">Who should invest<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/axis-equity-savings-fund-direct-growth-review-2026\/#Tax_and_exit_load\" title=\"Tax and exit load\">Tax and exit load<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/axis-equity-savings-fund-direct-growth-review-2026\/#Frequently_asked_questions\" title=\"Frequently asked questions\">Frequently asked questions<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/axis-equity-savings-fund-direct-growth-review-2026\/#What_is_the_current_NAV_of_Axis_Equity_Savings_Fund_Direct_Growth_Plan\" title=\"What is the current NAV of Axis Equity Savings Fund Direct Growth Plan?\">What is the current NAV of Axis Equity Savings Fund Direct Growth Plan?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/axis-equity-savings-fund-direct-growth-review-2026\/#What_are_the_funds_1-year_3-year_and_5-year_returns\" title=\"What are the fund\u2019s 1-year, 3-year and 5-year returns?\">What are the fund\u2019s 1-year, 3-year and 5-year returns?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/axis-equity-savings-fund-direct-growth-review-2026\/#How_does_the_fund_compare_with_the_benchmark\" title=\"How does the fund compare with the benchmark?\">How does the fund compare with the benchmark?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/axis-equity-savings-fund-direct-growth-review-2026\/#How_does_it_compare_with_peer_funds_on_recent_returns\" title=\"How does it compare with peer funds on recent returns?\">How does it compare with peer funds on recent returns?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/axis-equity-savings-fund-direct-growth-review-2026\/#Is_there_a_minimum_SIP_amount\" title=\"Is there a minimum SIP amount?\">Is there a minimum SIP amount?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/axis-equity-savings-fund-direct-growth-review-2026\/#What_are_the_portfolio_and_exit-load_features\" title=\"What are the portfolio and exit-load features?\">What are the portfolio and exit-load features?<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/axis-equity-savings-fund-direct-growth-review-2026\/#Bottom_line\" title=\"Bottom line\">Bottom line<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/axis-equity-savings-fund-direct-growth-review-2026\/#Explore_mutual_funds_with_Univest\" title=\"Explore mutual funds with Univest\">Explore mutual funds with Univest<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/axis-equity-savings-fund-direct-growth-review-2026\/#RIA_disclosure\" title=\"RIA disclosure\">RIA disclosure<\/a><\/li><\/ul><\/nav><\/div>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Quick_facts\"><\/span>Quick facts<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Particular<\/th>\n<th>Details<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>NAV<\/td>\n<td>\u20b926.62 as of 10 Sep 2026<\/td>\n<\/tr>\n<tr>\n<td>AUM<\/td>\n<td>\u20b9885 Cr<\/td>\n<\/tr>\n<tr>\n<td>Expense Ratio<\/td>\n<td>1.09%<\/td>\n<\/tr>\n<tr>\n<td>Launch Date<\/td>\n<td>14 Aug 2015<\/td>\n<\/tr>\n<tr>\n<td>Min SIP<\/td>\n<td>\u20b9100<\/td>\n<\/tr>\n<tr>\n<td>Risk Category<\/td>\n<td>Medium Risk<\/td>\n<\/tr>\n<tr>\n<td>Benchmark<\/td>\n<td>Nifty 50<\/td>\n<\/tr>\n<tr>\n<td>Fund Category<\/td>\n<td>Hybrid<\/td>\n<\/tr>\n<tr>\n<td>Exit Load<\/td>\n<td>Nil upto 10% of investments and 1% for remaining investments on or before 1M, Nil after 1M<\/td>\n<\/tr>\n<tr>\n<td>Fund Managers<\/td>\n<td>Mayank Hyanki, Devang Shah, Hardik Shah, Krishnaa N<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The fund is managed by Mayank Hyanki, Devang Shah, Hardik Shah and Krishnaa N.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 10 Sep 2026<\/small><\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Performance\"><\/span>Performance<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Period<\/th>\n<th>Fund return<\/th>\n<th>Benchmark return<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>1M<\/td>\n<td>-0.63%<\/td>\n<td>-4.06%<\/td>\n<\/tr>\n<tr>\n<td>3M<\/td>\n<td>3.86%<\/td>\n<td>1.37%<\/td>\n<\/tr>\n<tr>\n<td>1Y<\/td>\n<td>5.51%<\/td>\n<td>-7.31%<\/td>\n<\/tr>\n<tr>\n<td>3Y<\/td>\n<td>9.55%<\/td>\n<td>6.07%<\/td>\n<\/tr>\n<tr>\n<td>5Y<\/td>\n<td>7.89%<\/td>\n<td>5.91%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The recent picture is mixed, but not weak in absolute terms. Over 1 month the fund was slightly negative, yet it still held up better than the benchmark, which fell more sharply. That tells us the portfolio has offered some downside cushioning even when returns have not been consistently positive.<\/p>\n<p>Over 3 months, the fund improved more than the benchmark and stayed clearly ahead on that window. The 1-year figure is also constructive because the fund produced a positive return while the benchmark was negative. That gap matters: it suggests the fund\u2019s hybrid structure has helped it behave differently from a plain equity index during a difficult year for the benchmark.<\/p>\n<p>The longer record is steadier than the recent short-term patch. The 3-year return of 9.55% is stronger than the 5-year return of 7.89%, so the fund\u2019s medium-term pace has been better than its longer compounding pace. Even so, both periods remain ahead of the benchmark, which reinforces the idea that the fund has generally added value through its mix rather than through aggressive market chasing.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 10 Sep 2026<\/small><\/p>\n<section class=\"univest-mf-premium-cta\" style=\"margin:28px 0;padding:24px;border-radius:10px;border:1px solid #d8e3f0;background:#f7faff\">\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Should_you_BUY_or_HOLD_Axis_Equity_Savings\"><\/span>Should you BUY or HOLD Axis Equity Savings?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>A fund&#8217;s past returns alone don&#8217;t tell you whether you should buy it today or continue holding it.<\/p>\n<p>The right decision depends on factors such as your current allocation, purchase price, risk profile, investment horizon and the role this fund plays in your overall portfolio.<\/p>\n<p><strong>Already holding Axis Equity Savings? Thinking of investing now?<\/strong><\/p>\n<p><a href=\"https:\/\/univest.in\/mutual-funds\" style=\"font-weight:700;text-decoration:none\">Get your portfolio analysed for FREE by SEBI-registered Investment Adviser (RIA) through Univest MF Premium<\/a><\/p>\n<\/section>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Peer_comparison\"><\/span>Peer comparison<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Fund<\/th>\n<th>1Y return<\/th>\n<th>3Y return<\/th>\n<th>5Y return<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/axis-equity-savings-fund-g-direct-plan\">Axis Equity Savings Fund Direct Growth Plan<\/a><\/td>\n<td>5.51%<\/td>\n<td>9.55%<\/td>\n<td>7.89%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/edelweiss-equity-savings-fund-g-direct-plan\">Edelweiss Equity Savings Fund Direct Growth Plan<\/a><\/td>\n<td>8.49%<\/td>\n<td>11.44%<\/td>\n<td>9.76%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/hsbc-equity-savings-fund-g-direct-plan\">HSBC Equity Savings Fund Direct Growth Plan<\/a><\/td>\n<td>8.33%<\/td>\n<td>12.82%<\/td>\n<td>11.09%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/woc-equity-savings-fund-g-direct-plan\">WOC Equity Savings Fund Direct Growth Plan<\/a><\/td>\n<td>7.61%<\/td>\n<td>Data not available<\/td>\n<td>Data not available<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/mahindra-manulife-equity-savings-fund-g-direct-plan\">Mahindra Manulife Equity Savings Fund Direct Growth Plan<\/a><\/td>\n<td>7.05%<\/td>\n<td>9.37%<\/td>\n<td>8.93%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/capitalmind-flexi-cap-fund-g-direct-plan\">Capitalmind Flexi Cap Fund Direct Growth Plan<\/a><\/td>\n<td>6.1%<\/td>\n<td>Data not available<\/td>\n<td>Data not available<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>This assessment is prepared by Uniapps Investment Adviser Pvt. Ltd. under SEBI Registered Investment Adviser registration INA000017639.<\/p>\n<p>The current fund trails the stronger peer 1-year figures on this sample, with several peers showing higher recent returns. That said, the 3-year and 5-year record still compares respectably against peers with available longer-term data, especially because the fund has stayed ahead of the benchmark across those horizons. The short-term comparison is less compelling than the longer-term one, so the story here is one of moderate recent performance but workable longer-run resilience.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 10 Sep 2026<\/small><\/p>\n<div class=\"univest-peer-login-cta\" style=\"margin:20px 0;padding:16px 18px;border:1px solid #d8e3f0;border-radius:8px;background:#f7faff\">\n<p style=\"margin:0\"><strong>Want to know more?<\/strong> <a href=\"https:\/\/univest.in\/user\/log-in\" style=\"font-weight:700;text-decoration:none\">Log in to Univest<\/a> for more mutual fund insights.<\/p>\n<\/div>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Portfolio_where_your_money_goes\"><\/span>Portfolio: where your money goes<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Holding<\/th>\n<th>Sector<\/th>\n<th>Weight<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Net Receivables \/ (Payables)<\/td>\n<td>Cash &amp; Cash Equivalents and Net Assets<\/td>\n<td>32.48%<\/td>\n<\/tr>\n<tr>\n<td>ICICI Bank Limited<\/td>\n<td>Bank<\/td>\n<td>7.3%<\/td>\n<\/tr>\n<tr>\n<td>Reliance Industries Limited<\/td>\n<td>Crude Oil<\/td>\n<td>6.65%<\/td>\n<\/tr>\n<tr>\n<td>HDFC Bank Limited<\/td>\n<td>Bank<\/td>\n<td>5.05%<\/td>\n<\/tr>\n<tr>\n<td>7.18% Government of India (14\/08\/2033)<\/td>\n<td>Government Securities<\/td>\n<td>4.61%<\/td>\n<\/tr>\n<tr>\n<td>Clearing Corporation of India Ltd<\/td>\n<td>Cash &amp; Cash Equivalents and Net Assets<\/td>\n<td>3.39%<\/td>\n<\/tr>\n<tr>\n<td>Kotak Mahindra Bank Limited<\/td>\n<td>Bank<\/td>\n<td>3.1%<\/td>\n<\/tr>\n<tr>\n<td>Axis Money Market Fund &#8211; Direct Plan &#8211; Growth Option<\/td>\n<td>Domestic Mutual Funds Units<\/td>\n<td>2.96%<\/td>\n<\/tr>\n<tr>\n<td>Tata Steel Limited<\/td>\n<td>Iron &amp; Steel<\/td>\n<td>2.89%<\/td>\n<\/tr>\n<tr>\n<td>7.1% Government of India (08\/04\/2034)<\/td>\n<td>Government Securities<\/td>\n<td>2.86%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The largest disclosed holding is Net Receivables \/ (Payables) at 32.48%, which is substantial and suggests that cash-like positioning is a major part of how the portfolio is expressed. The next few holdings are much smaller, with the first ten positions stepping down from 32.48% to 2.86%, so influence is not evenly spread across the displayed list.<\/p>\n<p>The top 10 holdings together account for approximately 71.29% of the portfolio, while the scheme discloses 52 holdings in total. That combination points to a meaningful core of large positions alongside a longer tail of smaller allocations. In our view, the structure may make the fund\u2019s overall behaviour more sensitive to a small set of large exposures while still leaving room for diversification beyond the headline names.<\/p>\n<p>To see all holdings, visit the <a href=\"https:\/\/univest.in\/mutual-funds\/axis-equity-savings-fund-g-direct-plan\">Axis Equity Savings Fund Direct Growth Plan<\/a> page<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 10 Sep 2026<\/small><\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Who_should_invest\"><\/span>Who should invest<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>This fund may suit investors who are comfortable with medium risk and want a hybrid allocation rather than a pure equity bet. The positive 1-year, 3-year and 5-year returns show that it has been able to compound over time, while the benchmark comparison shows it has generally held up better than the Nifty 50 in the periods shown.<\/p>\n<p>The main trade-off is that recent returns have not been uniformly strong, even though longer-term results are steadier. That makes the fund more appropriate for investors with a multi-year horizon who can accept some short-term unevenness in exchange for a portfolio that mixes equity and debt-like exposures.<\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Tax_and_exit_load\"><\/span>Tax and exit load<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Holding period<\/th>\n<th>Tax rate<\/th>\n<th>Description<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Units held less than 1 year<\/td>\n<td>20%<\/td>\n<td>Short-term capital gains tax<\/td>\n<\/tr>\n<tr>\n<td>Units held more than 1 year<\/td>\n<td>12.5%<\/td>\n<td>Long-term capital gains tax<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Exit load: Nil up to 10% of investments and 1% for the remaining investments if units are sold within 1 month; no exit load after the holding period.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 10 Sep 2026<\/small><\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Frequently_asked_questions\"><\/span>Frequently asked questions<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"What_is_the_current_NAV_of_Axis_Equity_Savings_Fund_Direct_Growth_Plan\"><\/span>What is the current NAV of Axis Equity Savings Fund Direct Growth Plan?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The current NAV is \u20b926.62 as of 10 Sep 2026.<\/p>\n<h3 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"What_are_the_funds_1-year_3-year_and_5-year_returns\"><\/span>What are the fund\u2019s 1-year, 3-year and 5-year returns?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The fund\u2019s returns are 5.51% over 1 year, 9.55% over 3 years and 7.89% over 5 years.<\/p>\n<h3 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"How_does_the_fund_compare_with_the_benchmark\"><\/span>How does the fund compare with the benchmark?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>It has outpaced the Nifty 50 across the listed 1-year, 3-year and 5-year periods. The 1-year gap is especially notable because the benchmark was negative while the fund remained positive.<\/p>\n<h3 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"How_does_it_compare_with_peer_funds_on_recent_returns\"><\/span>How does it compare with peer funds on recent returns?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Several peers in the comparison sample have higher 1-year returns, while the fund\u2019s 3-year and 5-year figures remain competitive versus peers with available longer-term data. The comparison is stronger over longer horizons than over the latest year.<\/p>\n<h3 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Is_there_a_minimum_SIP_amount\"><\/span>Is there a minimum SIP amount?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The fund allows SIPs, but a minimum SIP amount is not stated in the available facts.<\/p>\n<h3 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"What_are_the_portfolio_and_exit-load_features\"><\/span>What are the portfolio and exit-load features?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The largest disclosed holding is Net Receivables \/ (Payables) at 32.48%, and the top 10 holdings together account for 71.29% of the portfolio. Exit load is nil up to 10% of investments and 1% for the remaining investments if units are sold within 1 month, with no exit load after the holding period.<\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Bottom_line\"><\/span>Bottom line<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Axis Equity Savings Fund Direct Growth Plan has a steadier longer-term profile than its recent patch alone might suggest. It has stayed ahead of the benchmark across the listed horizons, though several peers have stronger recent 1-year numbers. The risk label is medium, not aggressive, and the portfolio is anchored by a very large cash-like position alongside other sizeable holdings. That mix may appeal to investors who want a multi-year hybrid fund with some downside cushioning and can accept uneven short-term momentum.<\/p>\n<p class=\"univest-posted-at\" style=\"font-size:14px;color:#666;margin:20px 0 8px\">Published on 11 September 2026 at 5:43 PM IST<\/p>\n<section class=\"univest-login-cta\" style=\"margin:28px 0;padding:24px;border-radius:10px;background:#eef5ff;border:1px solid #cddff7;text-align:center\">\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Explore_mutual_funds_with_Univest\"><\/span>Explore mutual funds with Univest<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Review mutual fund data, compare performance and explore fund insights on Univest.<\/p>\n<p><a href=\"https:\/\/univest.in\/user\/log-in\" style=\"display:inline-block;padding:11px 20px;border-radius:6px;background:#1f4e79;color:#fff !important;text-decoration:none;font-weight:700\">Explore Univest<\/a><\/p>\n<\/section>\n<section class=\"univest-disclaimer\">\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"RIA_disclosure\"><\/span>RIA disclosure<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Mutual fund investments are subject to market risks. Read all scheme-related documents carefully before investing. This review is prepared by Uniapps Investment Adviser Pvt. Ltd. (earlier known as Uniapps Global Research Pvt. Ltd.) under SEBI Registered Investment Adviser registration INA000017639 for general informational purposes and is not personalized investment advice.<\/p>\n<\/section>\n<p><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"InvestmentFund\",\"name\":\"Axis Equity Savings Fund Direct Growth Plan\",\"identifier\":\"axis-equity-savings-fund-g-direct-plan\",\"category\":\"Hybrid\",\"dateCreated\":\"14 Aug 2015\",\"isAccessibleForFree\":true,\"additionalProperty\":[{\"@type\":\"PropertyValue\",\"name\":\"NAV\",\"value\":26.62,\"valueReference\":\"as of 10 Sep 2026\"},{\"@type\":\"PropertyValue\",\"name\":\"AUM\",\"value\":\"885 Cr\"},{\"@type\":\"PropertyValue\",\"name\":\"Expense Ratio\",\"value\":\"1.09\"},{\"@type\":\"PropertyValue\",\"name\":\"Benchmark\",\"value\":\"Nifty 50\"},{\"@type\":\"PropertyValue\",\"name\":\"1Y Return\",\"value\":5.51},{\"@type\":\"PropertyValue\",\"name\":\"3Y Return\",\"value\":9.55},{\"@type\":\"PropertyValue\",\"name\":\"5Y Return\",\"value\":7.89},{\"@type\":\"PropertyValue\",\"name\":\"Fund Managers\",\"value\":\"Mayank Hyanki, Devang Shah, Hardik Shah, Krishnaa N\"}]}<\/script><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"What is the current NAV of Axis Equity Savings Fund Direct Growth Plan?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The current NAV is \u20b926.62 as of 10 Sep 2026.\"}},{\"@type\":\"Question\",\"name\":\"What are the fund\u2019s 1-year, 3-year and 5-year returns?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The fund\u2019s returns are 5.51% over 1 year, 9.55% over 3 years and 7.89% over 5 years.\"}},{\"@type\":\"Question\",\"name\":\"How does the fund compare with the benchmark?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"It has outpaced the Nifty 50 across the listed 1-year, 3-year and 5-year periods. The 1-year gap is especially notable because the benchmark was negative while the fund remained positive.\"}},{\"@type\":\"Question\",\"name\":\"How does it compare with peer funds on recent returns?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Several peers in the comparison sample have higher 1-year returns, while the fund\u2019s 3-year and 5-year figures remain competitive versus peers with available longer-term data. The comparison is stronger over longer horizons than over the latest year.\"}},{\"@type\":\"Question\",\"name\":\"Is there a minimum SIP amount?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The fund allows SIPs, but a minimum SIP amount is not stated in the available facts.\"}},{\"@type\":\"Question\",\"name\":\"What are the portfolio and exit-load features?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The largest disclosed holding is Net Receivables \/ (Payables) at 32.48%, and the top 10 holdings together account for 71.29% of the portfolio. Exit load is nil up to 10% of investments and 1% for the remaining investments if units are sold within 1 month, with no exit load after the holding period.\"}}]}<\/script><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"Organization\",\"name\":\"Uniapps Investment Adviser Pvt. Ltd.\",\"description\":\"SEBI Registered Investment Adviser INA000017639\"}<\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Axis Equity Savings Fund Direct Growth Plan has a NAV of \u20b926.62 as of 10 Sep 2026, AUM of \u20b9885 Cr, and 1Y\/3Y\/5Y returns of 5.51%, 9.55% and 7.89%.<\/p>\n","protected":false},"author":38,"featured_media":244963,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3841],"tags":[],"class_list":["post-244964","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-mutual-funds"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["244963"],"rank_math_title":["Axis Equity Savings Fund NAV, Returns Review 2026"],"rank_math_description":["Axis Equity Savings Fund Direct Growth Plan NAV is \u20b926.62 as of 10 Sep 2026; 1Y return is 5.51% and 5Y return is 7.89%."],"rank_math_focus_keyword":["Axis Equity Savings Fund Direct Growth Plan review"],"rank_math_robots":["a:2:{i:0;s:7:\"noindex\";i:1;s:8:\"nofollow\";}"]},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/09\/Axis_Equity_Savings_Fund_Direct_Growth_Review_2026_NAV_Returns_Portfolio_Should_You_Invest_neutral.png","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/244964","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/users\/38"}],"replies":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/comments?post=244964"}],"version-history":[{"count":0,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/244964\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/244963"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=244964"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=244964"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=244964"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}