NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund
SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671
₹22.67
0.94%
NAV as on 03 Feb 26, 12:00 AM
moderately high risk
equity savings
equity
NAV as on 03 Feb 26, 12:00 AM
moderately high risk
equity savings
equity
6.33%p.a.
Last 1Y
10.12%p.a.
Last 3Y
8.32%p.a.
Last 5Y
8.12%p.a.
Since Inception
About Axis Equity Savings Fund -Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the Axis Equity Savings Fund -Growth scheme from Axis Asset Management Company Ltd. It is a Equity Savings mutual fund scheme that predominantly invests in Equity Savings stocks of companies. Launched on Aug 2015, Axis Equity Savings Fund -Growth is Equity Savings fund of its category with 926.78 Cr fund under management as on Feb 2026. The expense ratio of this fund is less than that of most other Fund category Equity Savings funds.
- Axis Equity Savings Fund -Growth delivered 6.3% annual returns during the last year. It has delivered 8.1% average annual returns since the fund was launched.
- Axis Equity Savings Fund -Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
- The scheme has predominantly invested in equity
Fund Objective
The investment objective of the scheme is to provide capital appreciation and income distribution to the investors by using equity and equity related instruments, arbitrage opportunities, and investments in debt and money market instruments. However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved.
Top 10 Holdings
UPL Ltd
0.27%
Net Payables
-3.16%
Government of India Securities 7.72 26/10/2055
0.05%
Others CBLO
3.62%
National Bank For Agriculture & Rural Development Bonds/Deb 7.69 31/03/2032
0.22%
Cash Margin
36.85%
CENTRAL GOVERNMENT LOAN 23202 GOI 16SP34 6.19 FV RS 100
0.21%
GOVERNMENT OF INDIA 31909 GOI 22AG32 7.26 FV RS 100
0.33%
GOVERNMENT OF INDIA 33071 GOI 19JU53 7.3 FV RS 100
1.12%
GOVERNMENT OF INDIA 33002 GOI 12JU63 7.25 FV RS 100
2.15%
Fund Managers
- Devang Shah (Apr 2024 - Present)
- Hardik Shah (Feb 2023 - Present)
- Mayank Hyanki (May 2024 - Present)
- Krishnaa Narayan (Dec 2024 - Present)
Key Information
View Scheme Document
Axis Equity Savings Fund -Growth SIP Calculator
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Fixed Deposit
NRI Mutual Fund Tax on Axis Equity Savings Fund -Growth
Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.
| Fund Type | Short-term Capital Gains (STCG) Tax | Long-term Capital Gains (LTCG) Tax |
|---|---|---|
| Equity mutual funds | 15% | 10% (above Rs. 1 lakh LTCG) without indexation* |
| Debt & other types of funds | At tax slab rate | 20% with indexation benefits |
How can NRIs invest in Axis Equity Savings Fund -Growth?
NRIs and OCIs can download the SBNRI app to invest in mutual funds from the country of their residence. Here are a few simple steps you need to take:
- Complete your NRI KYC: Type in your personal details and attach supporting documents, like:
- PAN Number
- Overseas address proof: Any of – Water/electricity bill, postpaid mobile/internet bill, rent agreement, driving license, etc.
- Passport – front and back
- Passport size photograph
- signature
If all details are correct, your KYC will be approved within 7 to 8 business days.
- Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing in Axis Equity Savings Fund -Growth
- Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing:
- City and country of birth
- NRE/NRO bank account statement/ canceled cheque for the latest 3 months
- Nominee details
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Frequently Asked Questions
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