Fundalysisby DARKHORSESTOCKS

Scheme

Axis Conservative Hybrid Fund

Holds 30 companies worth ₹39 Cr in Sept 2026.

  • Fund house

    AxisThe fund house that runs this scheme.

  • AUM

    ₹217 CrAxis Conservative Hybrid Fund's AUM at the end of 30 Sept 2026, as AMFI reports it. Down 1.1% on Aug 2026, ₹220 Cr.

  • Largest holding

    Reliance IndustriesReliance Industries is 1.8% of this scheme's NAV.

  • Fund manager

    Devang ShahRuns its co-manager part since 7 Jun 2016, as the fund house dates it. With Sachin Jain (co-manager), Jayesh Sundar (co-manager).

Overview(28 Sept 2026)

Fund managers3

  1. Devang ShahCo-manager, debt · Jun 2016
  2. Sachin JainCo-manager, debt · Sept 2020 · 10y · PGDM B.Tech
  3. Jayesh SundarCo-manager, equity · Sept 2023 · 21y · CA
  1. Krishnaa NDec 2024 – Sept 2026
  2. Ashish NaikJun 2016 – Dec 2024

Key facts

Benchmark
NIFTY 50 Hybrid Composite Debt 15:85 Index
Risk
Moderately High
Expense
Regular 2.18% · Direct 1.16%
Exit load
10% within 12 months
Started
16 Jul 2010
Minimum
₹500

Source.Its Scheme Summary Document as of 28 Sept 2026 at AMFI.

What changed(19 changes)

Sept 2026

2 changes
  1. Krishnaa N left
    25 Septran it for overseas investments from Dec 2024
  2. Expense ratio
    10 SeptRegular 2.15% → 2.18%Direct 1.1% → 1.16%

May 2026

1 change
  1. Expense ratio
    17 MayRegular 2.22% → 2.15%Direct 1.17% → 1.1%

Feb 2026

1 change
  1. Expense ratio
    24 FebRegular 2.21% → 2.22%Direct 1.11% → 1.17%

Source.Its filings at NSE, since Aug 2024.

Fund managers over time(Jun 2016 – now)

  1. Devang Shah
  2. Sachin Jain
  3. Jayesh Sundar
  4. Krishnaa N
  5. Ashish Naik
MainCoSlice20172019202120232025
Fig. 1.Who ran it when: each manager from the date the fund house gives, or the first document listing them where it gives none, to when they left. A slice is part of it: overseas, gold and silver, or arbitrage.

Costs(Aug 2024 – Sept 2026)

Every change to the expense ratio, newest first.
16 changesRegularDirectΔ pt
10 Sept 20262.18%1.16%0.06
17 May 20262.15%1.10%0.07
24 Feb 20262.22%1.17%0.06
18 Jan 20262.21%1.11%0.06
13 Nov 20252.20%1.05%0.06
26 Sept 20252.19%0.99%0.08
9 Apr 20252.19%0.91%0.04
25 Mar 20252.19%0.95%0
6 Mar 20252.20%0.95%0.01
29 Jan 20252.20%0.96%0.01
16 Jan 20252.20%0.95%0.01
30 Dec 20242.20%0.96%0.01
30 Oct 20242.20%0.97%0.03
16 Oct 20242.20%0.94%0.06
23 Sept 20242.19%0.88%0.01
21 Aug 20242.18%0.87%–
Direct plan, 10 Sept 2026
1.16%
Regular plan 2.18% · Exit load 10% within 12 months
Fig. 1.Total expense ratio a year, each plan's, as its Scheme Summary Documents state it, filing by filing at NSE. A change holds until the next.

Objective and risk(28 Sept 2026)

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. There is no assurance that the investment objective of the Scheme will be achieved.

Risk, type and benchmark

Riskometer
Moderately High
At launch
Moderately High
Type
Open Ended
Benchmark
NIFTY 50 Hybrid Composite Debt 15:85 Index

Asset allocation it may hold% of NAV

  1. Debt and Money Market Instruments
    Allowed75–90%Holds82.0%
  2. Equity and Equity related instruments
    Allowed10–25%Holds18.0%
  3. Units issued by InvITs
    Allowed0–10%Holds0.0%

Holds in Sept 2026.18.0% equity · 82.0% debt and cash

How to invest(28 Sept 2026)

Buying

To start
₹500, then in multiples of ₹1
To add
₹500, then in multiples of ₹1
Systematic
SIP - Daily / Weekly / Monthly / Yearly SWP - Weekly / Monthly / Quarterly / Halfyearly / Yearly STP - Daily / Weekly / Fortnightly / Monthly / Quarterly
Dates
SIP - Except 29,30 and 31 all dates, SWP - Any Business Day, STP - Daily, Weekly all days, Fortnightly - alternate Wednesday, Monthly and Quarterly 1,7,10,15 and 25
Minimum
SIP Daily, Weekly - 100, Monthly 100.00, SIP Yearly - 12000.00 SWP - 1000 STP - Daily, Weekly, Fortnightly, Monthly - 1000 and Quarterly 3000.00, then in multiples of ₹1
Instalments
SIP Daily -6, Weekly - 6, Monthly - 6 SIP - Yearly - 3 SWP - Weekly - 5, Monthly - 6, Quarterly - 4, Halfyearly - 4, Yearly - 2 STP - Daily -6, Weekly - 6, Fortnightly -6, Monthly - 6, Quarterly -2.

Selling and switching

Scheme details(28 Sept 2026)

What it is

Category
Conservative Hybrid Fund
Offer
24 May 2010 to 21 Jun 2010
Started
16 Jul 2010
Reopened
21 Jul 2010
Plans
Direct Annual IDCW Direct Growth Direct Half Yearly IDCW Direct Quarterly IDCW Regular Growth Regular Half Yearly IDCW Regular Quarterly IDCW Regular Annual IDCW
Face value
₹10
Listed
Unlisted

How it is run

Swing pricing
No
Side-pocketing
Yes
Custodian
DEUTSCHE BANK AG
Auditor
B S R & Co. LLP
Registrar
Kfintech Ltd
SEBI code
AXIS/O/H/CHF/10/05/0006