NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund

INVEST VIA NRE/NRO

Axis Conservative Hybrid Fund Growth for NRI [28.92]

Min Investment

500

Fund Size

297.57 Cr

Expense Ratio

2.2%

Exit Load

1%

SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671

28.92

0.07%

NAV as on 09 Dec 24, 12:00 AM

very high risk

conservative allocation

hybrid (c)

NAV as on 09 Dec 24, 12:00 AM

very high risk

conservative allocation

hybrid (c)

9.64%p.a.

Last 1Y

5.60%p.a.

Last 3Y

8.36%p.a.

Last 5Y

7.62%p.a.

Since Inception

About Axis Conservative Hybrid Fund Growth for NRIs

NRIs can achieve long-term capital appreciation by investing in the Axis Conservative Hybrid Fund Growth scheme from Axis Asset Management Company Limited. It is a Conservative Allocation mutual fund scheme that predominantly invests in Conservative Allocation stocks of companies. Launched on Jul 2010, Axis Conservative Hybrid Fund Growth is Conservative Allocation fund of its category with 297.57 Cr fund under management as on Dec 2024. The expense ratio of this fund is less than that of most other Fund category Conservative Allocation funds.

  • Axis Conservative Hybrid Fund Growth delivered 9.6% annual returns during the last year. It has delivered 7.6% average annual returns since the fund was launched.
  • Axis Conservative Hybrid Fund Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
  • The scheme has predominantly invested in hybrid (c)

Fund Objective

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.

Top 10 Holdings

7.18% Govt Stock 2037

15.78%

7.1% Govt Stock 2034

8.54%

HDFC Bank Limited

8.48%

7.18% Govt Stock 2033

7.19%

7.34% Govt Stock 2064

5.23%

7.25% Govt Stock 2063

5.18%

Power Finance Corporation Ltd.

5.14%

Motherson Sumi Systems Limited

3.37%

India Grid TRust

3.31%

HDFC Bank Ltd

1.76%

Fund Managers

  1. Devang Shah (Jun 2016 - Present)
  2. Sachin Jain (Sep 2020 - Present)
  3. Ashish Naik (Jun 2016 - Present)
  4. Jayesh Sundar (Sep 2023 - Present)

Key Information

View Scheme Document

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NRI Mutual Fund Tax on Axis Conservative Hybrid Fund Growth

Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.

Fund TypeShort-term Capital Gains (STCG) TaxLong-term Capital Gains (LTCG) Tax
Equity mutual funds15%10% (above Rs. 1 lakh LTCG) without indexation*
Debt & other types of fundsAt tax slab rate20% with indexation benefits

How can NRIs invest in Axis Conservative Hybrid 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 Conservative Hybrid 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

Frequently Asked Questions