The scheme seeks to generate regular income through investments in debt & money market instruments, along with capital appreciation through limited exposure to equity and equity related instruments. It also aims to manage risk thorough active asset allocation.
The Axis Conservative Hybrid Fund Growth has an AUM of 214.78 crores & has delivered CAGR of 6.12% in the last 5 years. The fund has an exit load of 1.00% and an expense ratio of 2.22%. The minimum investment in Axis Conservative Hybrid Fund Growth is Rs 500 and the minimum SIP is Rs 100.
As per morningstar the risk & return rating of the fund are Low & Moderate respectively.
The major sectors where the fund is invested are Regional Banks, Software & Programming, Oil & Gas Operations & Biotechnology & Drugs.
Some of the similar funds are DSP Regular Saving Fund Regular Plan Growth, Franklin India Conservative Hybrid Fund Growth, Baroda BNP Paribas Conservative Hybrid Fund Regular Plan Growth, Canara Robeco Conservative Hybrid Fund Growth, Axis Conservative Hybrid Fund Growth. Axis Conservative Hybrid Fund Growth has a sharpe ratio of -0.02 & a standard deviation of 4.19%.
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