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Axis Mutual Fund

Updated on January 22, 2020 , 1014 views

Axis Mutual Fund is one of the well-established fund houses in India. The Asset Management Company (AMC) managing the Mutual Fund schemes of Axis is Axis Asset Management Company Limited. Axis Mutual Fund is sponsored by Axis Bank (formerly known as Unit Trust of India), which is also a well-known private sector bank. Since its inception in 2009, the Mutual Fund company has its presence in more than 90 cities. Axis Mutual Fund offers nearly 50 Mutual Fund schemes across various categories in order to cater the diverse and growing requirements of the individuals.

Axis

Some of the prominent schemes of Axis Bank Mutual Fund include Axis Long Term Equity Fund, Axis Mid Cap Fund, and so on. Through Axis SIP facility, individuals can invest in its Mutual Fund schemes in small amounts at regular intervals.

AMC Axis Mutual Fund
Date of Setup September 04, 2009
AUM INR 79201.23 crore (Jun-30-2018)
CEO/MD Mr. Chandresh Kumar Nigam
Compliance Officer Mr. Darshan Kapadia
investor Service Officer Mr. Milind Vengurlekar
Customer Care Number 1800 221 322/ 1800 3000 3300
Fax 022 – 43255199
Telephone 022 – 43255161
Email customerservice[AT]axismf.com
Website www.axismf.com

About Axis Mutual Fund

Axis Mutual Fund helps people to plan for their future. With their consistent efforts and presence across multiple cities at Pan India level, Axis Mutual Fund has a customer base of nearly 2 million. The fund house gives more prominence towards risk management and planning. It aims to provide its clients quality financial and investment solutions so that investors feel financially secure and confident in achieving their goals. The investment philosophy of Axis Mutual Fund is based on three pillars that include:

  • Outside-in (customer) view which strives to communicate with customers as per their convenient communication language
  • Striving for long-term wealth creation, which aims to motivate investors to have a long-term investment perspective, and
  • Maintaining long-term relationship wherein; the objective is to build relationships than being transactional

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Best Axis Mutual Fund Schemes

Axis Mutual Fund offers a number of Mutual Fund schemes across a range of categories to cater the diverse requirements of the individuals. So, let us understand the various categories and some of the best schemes under these categories.

Axis Equity Mutual Funds

These Mutual Fund schemes are a good option for long-term investments. Being market-linked, the returns on these schemes are not guaranteed. The risk-appetite of these schemes is also high. So, investors who are willing to take a high level of risk in their investments should only prefer Investing in these funds. Equity Funds are classified into Large cap funds, mid cap funds, and so on. Some of the best schemes of Axis Mutual Fund under equity category are as follows.

FundNAVNet Assets (Cr)3 MO (%)6 MO (%)1 YR (%)3 YR (%)5 YR (%)2018 (%)
Axis Focused 25 Fund Growth ₹31.31
↑ 0.31
₹9,1104.815.522.21811.914.7
Axis Long Term Equity Fund Growth ₹50.2408
↑ 0.59
₹21,4734.515.222.11710.514.8
Axis Bluechip Fund Growth ₹32.38
↑ 0.24
₹10,2124.21320.719.19.818.6
Axis Mid Cap Fund Growth ₹41.25
↑ 0.36
₹4,1416.619.420.21810.211.3
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 24 Jan 20

Axis Debt Mutual Funds

Debt Mutual Funds invest their accumulated fund in fixed income securities such as treasury bills, government Bonds, and much more. Individuals having a low-risk appetite can choose to invest in debt funds. The price of these schemes fluctuates less as compared to equity funds. Some of the best schemes in debt category of Axis are listed below as follows.

FundNAVNet Assets (Cr)3 MO (%)6 MO (%)1 YR (%)3 YR (%)2018 (%)Debt Yield (YTM)Mod. DurationEff. Maturity
Axis Credit Risk Fund Growth ₹14.9343
↑ 0.01
₹1,2602.14.24.45.54.49.2%1Y 8M 12D2Y 1M 6D
Axis Strategic Bond Fund Growth ₹19.1318
↑ 0.01
₹1,2332.34.47.377.18.54%3Y 4Y 2M 12D
Axis Liquid Fund Growth ₹2,170.04
↑ 0.30
₹29,1191.32.86.56.96.65.29%1M 27D2M 1D
Axis Dynamic Bond Fund Growth ₹20.6591
↑ 0.01
₹2802.6411.76.7117.54%6Y 9Y 1M 6D
Axis Short Term Fund Growth ₹21.7853
↑ 0.01
₹4,4041.94.59.87.29.86.65%1Y 10M 24D2Y 6M
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 24 Jan 20

Axis Hybrid Funds

Hybrid funds invest its corpus in equity and fixed income instruments. It is also known as Balanced Fund and is suitable for investors looking for capital appreciation in the long-term along with regular income. The proportion of equity and debt investments in these schemes is pre-determined and may change over a period of time. Some of the best schemes under the hybrid category of Axis Mutual Fund are as follows.

FundNAVNet Assets (Cr)3 MO (%)6 MO (%)1 YR (%)3 YR (%)5 YR (%)2018 (%)
Axis Triple Advantage Fund Growth ₹21.8222
↑ 0.15
₹2864.112.919.710.57.115.3
Axis Arbitrage Fund  Growth ₹14.0233
↑ 0.01
₹2,9081.22.765.96.35.8
Axis Regular Saver Fund Growth ₹19.6538
↑ 0.05
₹1992.35.93.35.65.31.9
Axis Equity Saver Fund Growth ₹13.6
↑ 0.04
₹8122.16.69.79 8.3
Axis Dynamic Equity Fund Growth ₹11.48
↑ 0.04
₹1,9472.267.5 5.9
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 24 Jan 20

1. Axis Liquid Fund

To provide a high level of liquidity with reasonable returns commensurating with low risk through a portfolio of money market and debt securities. However there can be no assurance that the investment objective of the scheme will be achieved.

Axis Liquid Fund is a Debt - Liquid Fund fund was launched on 9 Oct 09. It is a fund with Low risk and has given a CAGR/Annualized return of 7.8% since its launch.  Ranked 21 in Liquid Fund category.  Return for 2019 was 6.6% , 2018 was 7.5% and 2017 was 6.7% .

Below is the key information for Axis Liquid Fund

Axis Liquid Fund
Growth
Launch Date 9 Oct 09
NAV (24 Jan 20) ₹2,170.04 ↑ 0.30   (0.01 %)
Net Assets (Cr) ₹29,119 on 31 Dec 19
Category Debt - Liquid Fund
AMC Axis Asset Management Company Limited
Rating
Risk Low
Expense Ratio 0.14
Sharpe Ratio 14.58
Information Ratio 0
Alpha Ratio 0
Min Investment 500
Min SIP Investment 1,000
Exit Load NIL
Yield to Maturity 5.29%
Effective Maturity 2 Months 1 Day
Modified Duration 1 Month 27 Days

Growth of 10,000 investment over the years.

DateValue
31 Dec 14₹10,000
31 Dec 15₹10,835
31 Dec 16₹11,663
31 Dec 17₹12,446
31 Dec 18₹13,374
31 Dec 19₹14,262

Axis Liquid Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹180,000
expected amount after 3 Years is ₹203,125.
Net Profit of ₹23,125
Invest Now

Returns for Axis Liquid Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 24 Jan 20

DurationReturns
1 Month 0.4%
3 Month 1.3%
6 Month 2.8%
1 Year 6.5%
3 Year 6.9%
5 Year 7.3%
10 Year
15 Year
Since launch 7.8%
Historical performance (Yearly) on absolute basis
YearReturns
2018 6.6%
2017 7.5%
2016 6.7%
2015 7.6%
2014 8.4%
2013 9.1%
2012 9.2%
2011 9.7%
2010 9%
2009 5.6%
Fund Manager information for Axis Liquid Fund
NameSinceTenure
Devang Shah5 Nov 127.07 Yr.
Aditya Pagaria13 Aug 163.3 Yr.

Data below for Axis Liquid Fund as on 31 Dec 19

Asset Allocation
Asset ClassValue
Cash100%
Debt Sector Allocation
SectorValue
Corporate52.37%
Cash Equivalent46.41%
Government1.22%
Credit Quality
RatingValue
AAA100%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Clearing Corporation Of India Ltd
CBLO | -
7%₹2,276 Cr
91 DTB 05122019
Sovereign Bonds | -
7%₹2,198 Cr219,899,100
↑ 150,000,000
Corporate Bond Repo
CBLO/Reverse Repo | -
5%₹1,547 Cr
Net Receivables / (Payables)
Net Current Assets | -
5%-₹1,439 Cr
91 DTB 30012020
Sovereign Bonds | -
4%₹1,283 Cr129,359,800
↑ 129,359,800
182 DTB 30012020
Sovereign Bonds | -
3%₹818 Cr82,500,000
↑ 82,500,000
Reliance Retail Limited
Commercial Paper | -
2%₹744 Cr15,000
↑ 15,000
Chennai Petroleum Corporation Ltd
Commercial Paper | -
2%₹697 Cr14,000
↑ 14,000
91 DTB 12122019
Sovereign Bonds | -
2%₹560 Cr56,125,100
Housing Development Finance Corporation Limited
Debentures | -
2%₹536 Cr5,350

2. Axis Focused 25 Fund

To generate long term capital appreciation by investing in a concentrated portfolio of equity & equity related instruments of up to 25 companies.

Axis Focused 25 Fund is a Equity - Focused fund was launched on 29 Jun 12. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 16.3% since its launch.  Ranked 7 in Focused category.  Return for 2019 was 14.7% , 2018 was 0.6% and 2017 was 45.2% .

Below is the key information for Axis Focused 25 Fund

Axis Focused 25 Fund
Growth
Launch Date 29 Jun 12
NAV (24 Jan 20) ₹31.31 ↑ 0.31   (1.00 %)
Net Assets (Cr) ₹9,110 on 31 Dec 19
Category Equity - Focused
AMC Axis Asset Management Company Limited
Rating
Risk Moderately High
Expense Ratio 2.32
Sharpe Ratio 0.87
Information Ratio 0.4
Alpha Ratio 2.39
Min Investment 5,000
Min SIP Investment 1,000
Exit Load 0-12 Months (1%),12 Months and above(NIL)

Growth of 10,000 investment over the years.

DateValue
31 Dec 14₹10,000
31 Dec 15₹10,391
31 Dec 16₹10,864
31 Dec 17₹15,769
31 Dec 18₹15,870
31 Dec 19₹18,195

Axis Focused 25 Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹405,518.
Net Profit of ₹105,518
Invest Now

Returns for Axis Focused 25 Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 24 Jan 20

DurationReturns
1 Month 1.6%
3 Month 4.8%
6 Month 15.5%
1 Year 22.2%
3 Year 18%
5 Year 11.9%
10 Year
15 Year
Since launch 16.3%
Historical performance (Yearly) on absolute basis
YearReturns
2018 14.7%
2017 0.6%
2016 45.2%
2015 4.6%
2014 3.9%
2013 38.8%
2012 5.8%
2011
2010
2009
Fund Manager information for Axis Focused 25 Fund
NameSinceTenure
Jinesh Gopani7 Jun 163.48 Yr.

Data below for Axis Focused 25 Fund as on 31 Dec 19

Equity Sector Allocation
SectorValue
Financial Services43.54%
Basic Materials11.89%
Consumer Cyclical11.05%
Energy7.31%
Technology6.71%
Consumer Defensive5.8%
Communication Services4.66%
Industrials3.1%
Health Care1.42%
Asset Allocation
Asset ClassValue
Cash4.51%
Equity95.49%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Bajaj Finance Ltd (Financial Services)
Equity, Since 30 Sep 16 | 500034
8%₹754 Cr1,849,523
↑ 128,205
Bajaj Finserv Ltd (Financial Services)
Equity, Since 31 Oct 16 | 532978
8%₹681 Cr747,220
Reliance Industries Ltd (Energy)
Equity, Since 31 Aug 19 | RELIANCE
7%₹650 Cr4,192,000
↑ 1,161,000
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 31 Jul 13 | KOTAKBANK
7%₹647 Cr4,006,457
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jul 12 | HDFCBANK
7%₹604 Cr4,738,000
↓ -1,752,492
Tata Consultancy Services Ltd (Technology)
Equity, Since 28 Feb 18 | TCS
6%₹520 Cr2,534,738
Avenue Supermarts Ltd (Consumer Defensive)
Equity, Since 30 Apr 17 | 540376
6%₹516 Cr2,830,122
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 May 18 | HDFC
5%₹455 Cr1,981,971
↑ 209,309
Asian Paints Ltd (Basic Materials)
Equity, Since 30 Nov 18 | 500820
5%₹422 Cr2,475,200
↓ -201,000
Bandhan Bank Ltd (Financial Services)
Equity, Since 31 Oct 19 | 541153
5%₹409 Cr7,044,854

3. Axis Gold Fund

To generate returns that closely correspond to returns generated by Axis Gold ETF.

Axis Gold Fund is a Gold - Gold fund was launched on 20 Oct 11. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 2.7% since its launch.  Return for 2019 was 23.1% , 2018 was 8.3% and 2017 was 0.7% .

Below is the key information for Axis Gold Fund

Axis Gold Fund
Growth
Launch Date 20 Oct 11
NAV (24 Jan 20) ₹12.4298 ↓ 0.00   (-0.02 %)
Net Assets (Cr) ₹58 on 31 Dec 19
Category Gold - Gold
AMC Axis Asset Management Company Limited
Rating
Risk Moderately High
Expense Ratio 0.72
Sharpe Ratio 1.29
Information Ratio 0
Alpha Ratio 0
Min Investment 5,000
Min SIP Investment 1,000
Exit Load 0-1 Years (1%),1 Years and above(NIL)

Growth of 10,000 investment over the years.

DateValue
31 Dec 14₹10,000
31 Dec 15₹8,814
31 Dec 16₹9,757
31 Dec 17₹9,826
31 Dec 18₹10,642
31 Dec 19₹13,096

Axis Gold Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹340,450.
Net Profit of ₹40,450
Invest Now

Returns for Axis Gold Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 24 Jan 20

DurationReturns
1 Month 3.9%
3 Month 4.5%
6 Month 14.1%
1 Year 23.4%
3 Year 9.6%
5 Year 4.9%
10 Year
15 Year
Since launch 2.7%
Historical performance (Yearly) on absolute basis
YearReturns
2018 23.1%
2017 8.3%
2016 0.7%
2015 10.7%
2014 -11.9%
2013 -11.4%
2012 -7.5%
2011 10.9%
2010
2009
Fund Manager information for Axis Gold Fund
NameSinceTenure
Devang Shah7 Jun 163.48 Yr.

Data below for Axis Gold Fund as on 31 Dec 19

Asset Allocation
Asset ClassValue
Cash3.32%
Other96.68%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Axis Gold ETF
- | AXISGOLDEQ
98%₹55 Cr164,000
Clearing Corporation Of India Ltd
CBLO | -
3%₹1 Cr
Net Receivables / (Payables)
Net Current Assets | -
0%₹0 Cr

4. Axis Long Term Equity Fund

To generate income and long-term capital appreciation from a diversified portfolio of predominantly equity and equity-related securities. However, there can be no assurance that the investment objective of the Scheme will be achieved.

Axis Long Term Equity Fund is a Equity - ELSS fund was launched on 29 Dec 09. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 17.4% since its launch.  Ranked 20 in ELSS category.  Return for 2019 was 14.8% , 2018 was 2.7% and 2017 was 37.4% .

Below is the key information for Axis Long Term Equity Fund

Axis Long Term Equity Fund
Growth
Launch Date 29 Dec 09
NAV (24 Jan 20) ₹50.2408 ↑ 0.59   (1.19 %)
Net Assets (Cr) ₹21,473 on 31 Dec 19
Category Equity - ELSS
AMC Axis Asset Management Company Limited
Rating
Risk Moderately High
Expense Ratio 2.13
Sharpe Ratio 0.89
Information Ratio 0.52
Alpha Ratio 4.74
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 Dec 14₹10,000
31 Dec 15₹10,670
31 Dec 16₹10,596
31 Dec 17₹14,563
31 Dec 18₹14,952
31 Dec 19₹17,169

Axis Long Term Equity Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹395,578.
Net Profit of ₹95,578
Invest Now

Returns for Axis Long Term Equity Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 24 Jan 20

DurationReturns
1 Month 2%
3 Month 4.5%
6 Month 15.2%
1 Year 22.1%
3 Year 17%
5 Year 10.5%
10 Year
15 Year
Since launch 17.4%
Historical performance (Yearly) on absolute basis
YearReturns
2018 14.8%
2017 2.7%
2016 37.4%
2015 -0.7%
2014 6.7%
2013 66.2%
2012 16.5%
2011 33.7%
2010 -14.8%
2009 30%
Fund Manager information for Axis Long Term Equity Fund
NameSinceTenure
Jinesh Gopani1 Apr 118.67 Yr.

Data below for Axis Long Term Equity Fund as on 31 Dec 19

Equity Sector Allocation
SectorValue
Financial Services43.25%
Consumer Cyclical14.14%
Consumer Defensive11.12%
Technology7.45%
Communication Services6.13%
Basic Materials5.99%
Industrials4.09%
Utility3.49%
Health Care1.7%
Asset Allocation
Asset ClassValue
Cash2.64%
Equity97.36%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Bajaj Finance Ltd (Financial Services)
Equity, Since 30 Sep 16 | 500034
9%₹1,836 Cr4,506,153
↑ 179,487
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 31 May 11 | KOTAKBANK
8%₹1,704 Cr10,547,075
↓ -375,000
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jan 10 | HDFCBANK
8%₹1,675 Cr13,140,750
↓ -475,000
Avenue Supermarts Ltd (Consumer Defensive)
Equity, Since 30 Apr 17 | 540376
6%₹1,362 Cr7,475,645
Bandhan Bank Ltd (Financial Services)
Equity, Since 31 Mar 18 | 541153
6%₹1,351 Cr23,238,395
Tata Consultancy Services Ltd (Technology)
Equity, Since 30 Apr 17 | TCS
6%₹1,344 Cr6,548,129
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 Jan 10 | HDFC
6%₹1,343 Cr5,846,662
↑ 310,000
Info Edge (India) Ltd (Communication Services)
Equity, Since 31 May 14 | NAUKRI
5%₹1,149 Cr4,363,102
↓ -210,947
Pidilite Industries Ltd (Basic Materials)
Equity, Since 30 Nov 14 | PIDILITIND
5%₹1,085 Cr8,329,997
↓ -72,221
Maruti Suzuki India Ltd (Consumer Cyclical)
Equity, Since 30 Nov 10 | MARUTI
5%₹1,069 Cr1,475,870
↑ 233,000

5. Axis Short Term Fund

To generate stable returns with a low risk strategy while maintaining liquidity through a portfolio comprising of debt and money market instruments. However, there can be no assurance that the investment objective of the scheme will be achieved.

Axis Short Term Fund is a Debt - Short term Bond fund was launched on 22 Jan 10. It is a fund with Moderately Low risk and has given a CAGR/Annualized return of 8.1% since its launch.  Ranked 26 in Short term Bond category.  Return for 2019 was 9.8% , 2018 was 6.3% and 2017 was 5.9% .

Below is the key information for Axis Short Term Fund

Axis Short Term Fund
Growth
Launch Date 22 Jan 10
NAV (24 Jan 20) ₹21.7853 ↑ 0.01   (0.04 %)
Net Assets (Cr) ₹4,404 on 31 Dec 19
Category Debt - Short term Bond
AMC Axis Asset Management Company Limited
Rating
Risk Moderately Low
Expense Ratio 0.95
Sharpe Ratio 3.84
Information Ratio 0
Alpha Ratio 0
Min Investment 5,000
Min SIP Investment 1,000
Exit Load NIL
Yield to Maturity 6.65%
Effective Maturity 2 Years 6 Months
Modified Duration 1 Year 10 Months 24 Days

Growth of 10,000 investment over the years.

DateValue
31 Dec 14₹10,000
31 Dec 15₹10,811
31 Dec 16₹11,853
31 Dec 17₹12,556
31 Dec 18₹13,353
31 Dec 19₹14,658

Axis Short Term Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹180,000
expected amount after 3 Years is ₹203,125.
Net Profit of ₹23,125
Invest Now

Returns for Axis Short Term Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 24 Jan 20

DurationReturns
1 Month 0.7%
3 Month 1.9%
6 Month 4.5%
1 Year 9.8%
3 Year 7.2%
5 Year 7.9%
10 Year
15 Year
Since launch 8.1%
Historical performance (Yearly) on absolute basis
YearReturns
2018 9.8%
2017 6.3%
2016 5.9%
2015 9.6%
2014 8.1%
2013 10%
2012 7.3%
2011 10.1%
2010 9.2%
2009
Fund Manager information for Axis Short Term Fund
NameSinceTenure
Devang Shah5 Nov 127.07 Yr.

Data below for Axis Short Term Fund as on 31 Dec 19

Asset Allocation
Asset ClassValue
Cash29.85%
Debt70.15%
Debt Sector Allocation
SectorValue
Corporate54.91%
Cash Equivalent23.06%
Government20.27%
Securitized1.76%
Credit Quality
RatingValue
AAA100%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Clearing Corporation Of India Ltd
CBLO | -
14%₹508 Cr
INDIA GRID TRUST
Debentures | -
5%₹179 Cr1,750
↑ 750
IndusInd Bank Limited
Certificate of Deposit | -
4%₹146 Cr15,000
↑ 15,000
Housing Development Finance Corporation Limited
Debentures | -
3%₹126 Cr1,250
↑ 500
HDFC Bank Limited
Certificate of Deposit | -
3%₹104 Cr10,500
↑ 10,500
Net Receivables / (Payables)
Net Current Assets | -
3%₹94 Cr
NABHA POWER LIMITED
Debentures | -
2%₹91 Cr900
POWER FINANCE CORPORATION LIMITED
Debentures | -
2%₹81 Cr765
↑ 765
LIC Housing Finance Limited
Debentures | -
2%₹80 Cr800
↑ 100
National Bank For Agriculture And Rural Development
Debentures | -
2%₹68 Cr650

Axis Mutual Fund Name Changes

After SEBI's (Securities and Exchange Board of India) circulation on re-categorisation and rationalisation of open-ended mutual funds, many Mutual Fund Houses are incorporating changes in their scheme names and categories. SEBI introduced new and broad categories in Mutual Funds in order to bring uniformity in similar schemes launched by the different Mutual Funds. This is to aim and ensure that investors can find it easier to compare the products and evaluate the different options available before investing in a scheme.

Here is a list of Axis schemes that got new names:

Existing Scheme Name New Scheme Name
Axis Constant Maturity 10 Year Fund Axis Gilt Fund
Axis Corporate Debt Opportunities Fund Axis Corporate Debt fund
Axis Enhanced Arbitrage Fund Axis Arbitrage Fund
Axis Equity Fund Axis Bluechip Fund
Axis Fixed Income Opportunities Fund Axis Credit Risk Fund
Axis Income Saver Axis Regular Saver Fund
Axis Income Fund Axis Strategic Bond Fund

*Note-The list will be updated as and when we get an insight about the changes in the scheme names.

Axis SIP or Axis Mutual Fund SIP

Systematic Investment plan or SIP is one of the best ways to invest in Mutual Funds. In this mode, individuals deposit small amounts at regular intervals. Popularly known as a goal-based investment, SIP helps individuals to attain their objectives by investing in small amounts. Axis Mutual Fund offers SIP mode of investment in most of its schemes with the minimum SIP amount being INR 500.

Axis SIP Calculator

sip calculator is also known as mutual fund calculator. This calculator shows individuals how their SIP investment grows over their mentioned timeframe in a virtual environment. It also shows how much savings an individual need to do today to attain their future objectives. Some of the input data that needs to be entered in the SIP Calculator include tenure of investment, amount of investment, expected the long-term growth rate in equity markets and expected long-term Inflation rate.

Know Your Monthly SIP Amount

   
My Goal Amount:
Goal Tenure:
Years
Expected Annual Returns:
%
Total investment required is ₹3/month for 20 Years
  or   ₹257 one time (Lumpsum)
to achieve ₹5,000
Invest Now

Axis Mutual Fund Online

Axis Mutual Fund offers an online mode of investment in Mutual Funds. Through online mode, individuals can purchase and sell Mutual Fund units, view their holdings and check the performance of their scheme, complete the KYC process and much more. This helps individuals. For transacting through online mode, individuals can either visit a Mutual Fund distributor’s website or through the AMC’s website. However, it is suggested to invest through distributor’s website as individuals can find a number of schemes under one umbrella.

Axis Mutual Fund Account Statement

To generate Axis Mutual Fund account statement you need to visit the website and enter your Folio Number or PAN Number. Your account statement will be mailed to your email-id registered.

How to Invest in Axis Mutual Fund?

  1. Open Free Investment Account for Lifetime at Fincash.com.

  2. Complete your Registration and KYC Process

  3. Upload Documents (PAN, Aadhaar, etc.). And, You are Ready to Invest!

    Get Started

Axis Mutual Fund NAV

The NAV of various schemes of Axis Mutual Fund can be found on the AMFI’s website. It can also be found on the asset management company’s website. Both these websites show the current and historical NAV of Axis Mutual Fund.

Corporate Address

Axis House, First Floor, C-2, Wadia International Centre, Pandurang Budhkar Marg, Worli, Mumbai – 400025

Sponsor(s)

Axis Bank Limited

Disclaimer:
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data. Please verify with scheme information document before making any investment.
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