Axis Hybrid Fund - Series 31 - Direct Plan - Growth

Regular

Regular and Direct options of the funds are exactly same except commission to your mutual fund broker/distributor. As an investor you do not need to pay any additional fees to purchase any of these options. However both have different expense ratios. Regular funds have higher expense ratio and direct funds have lower expense ratio. This difference is because of commission paid to broker/distributor. Lower expense ratio leads to higher returns for investors.
Direct

Regular and Direct options of the funds are exactly same except commission to your mutual fund broker/distributor. As an investor you do not need to pay any additional fees to purchase any of these options. However both have different expense ratios. Regular funds have higher expense ratio and direct funds have lower expense ratio. This difference is because of commission paid to broker/distributor. Lower expense ratio leads to higher returns for investors.

This scheme closed on 29-04-2020 & the data you are seeing is not latest data.

No of Debt Holding 5 (Category Avg - 0.00) | Modified Duration 0.00 Years (Category Avg - - --)| Yield to Maturity - -- (Category Avg - 0.00%)

Portfolio Summary (as on 31st Mar,2020)

Security Type	% Weight	Category Average
NCD & Bonds	20.15%	0.00%

Category - Fixed Maturity Plans - Hybrid

Category - Fixed Maturity Plans - Hybrid

Instrument	Type	Sector	Rating	Rating Agency	Value (Mn)	% of Total Holding	Quantity
Bond - Shriram Transport Finance Co. Ltd.	NCD & Bonds	Nbfc	AA+	CRISIL	199.96	7.25%	200.00
Bond - Cholamandalam Investment & Finance Co. Ltd.	NCD & Bonds	Nbfc	LAA+	ICRA	175.26	6.36%	130.00
Bond - Power Grid Corporation of India Ltd.	NCD & Bonds	Power- transmission	AAA	CRISIL	150.21	5.45%	150.00
Bond - Bharti Airtel Ltd.	NCD & Bonds	Telecom - services	AA	CRISIL	20.01	0.73%	20.00
Bond - Power Finance Corporation Ltd.	NCD & Bonds	Financial institution	AAA	CRISIL	10.02	0.36%	10.00