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Axis Mutual Fund
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.
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 |
| 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.
Fund NAV Net Assets (Cr) 3 MO (%) 6 MO (%) 1 YR (%) 3 YR (%) 5 YR (%) 2023 (%) Axis Focused 25 Fund Growth ₹48.97
↑ 0.17 ₹14,087 7.3 16.2 30.9 9.9 12.2 17.2 Axis Long Term Equity Fund Growth ₹84.9264
↑ 0.23 ₹35,474 8.1 17.2 34.6 12.5 13.9 22 Axis Bluechip Fund Growth ₹54.15
↑ 0.31 ₹33,523 5.8 15.7 29 12.6 13.7 17.4 Axis Mid Cap Fund Growth ₹92.17
↓ -0.12 ₹25,537 6.8 17.3 40 19.6 20.5 29.6 Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 19 Apr 24
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.
Fund NAV Net Assets (Cr) 3 MO (%) 6 MO (%) 1 YR (%) 3 YR (%) 2023 (%) Debt Yield (YTM) Mod. Duration Eff. Maturity Axis Credit Risk Fund Growth ₹19.3624
↓ -0.01 ₹464 1.8 3.7 6.8 5.8 7 8.66% 1Y 10M 13D 2Y 4M 10D Axis Liquid Fund Growth ₹2,676.65
↑ 0.49 ₹22,169 1.9 3.8 7.3 5.5 7.1 7.41% 1M 13D 1M 14D Axis Strategic Bond Fund Growth ₹25.1545
↓ -0.03 ₹1,985 1.9 4.2 7.1 5.8 7.3 8.31% 3Y 8M 5D 5Y 1M 28D Axis Dynamic Bond Fund Growth ₹26.6532
↓ -0.06 ₹1,708 2 4 6.6 4.9 6.6 7.5% 4Y 6M 25D 6Y 22D Axis Short Term Fund Growth ₹27.9064
↓ -0.02 ₹7,797 1.8 3.8 6.6 5.2 6.8 7.81% 2Y 9M 29D 3Y 8M 16D Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 19 Apr 24
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.
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 Below is the key information for Axis Liquid Fund Returns up to 1 year are on 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 Below is the key information for Axis Focused 25 Fund Returns up to 1 year are on 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 Below is the key information for Axis Gold Fund Returns up to 1 year are on 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 Below is the key information for Axis Long Term Equity Fund Returns up to 1 year are on 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 Below is the key information for Axis Short Term Fund Returns up to 1 year are on Fund NAV Net Assets (Cr) 3 MO (%) 6 MO (%) 1 YR (%) 3 YR (%) 5 YR (%) 2023 (%) Axis Triple Advantage Fund Growth ₹34.399
↑ 0.05 ₹1,174 5.2 10.4 19.9 10.5 12.4 12.9 Axis Arbitrage Fund Growth ₹17.263
↑ 0.01 ₹3,931 2.1 4 7.6 5.5 5.2 6.9 Axis Regular Saver Fund Growth ₹26.9977
↓ 0.00 ₹342 1.4 4.3 9.1 6.5 6.7 8.5 Axis Dynamic Equity Fund Growth ₹17.91
↑ 0.02 ₹2,103 3.5 12.6 25.9 12.5 10.3 20 Axis Equity Saver Fund Growth ₹19.96
↑ 0.02 ₹902 2 8.8 18.5 9.8 9.2 14.6 Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 19 Apr 24 1. Axis Liquid Fund
CAGR/Annualized return of 7% since its launch. Ranked 21 in Liquid Fund category. Return for 2023 was 7.1% , 2022 was 4.9% and 2021 was 3.3% . Axis Liquid Fund
Growth Launch Date 9 Oct 09 NAV (21 Apr 24) ₹2,676.65 ↑ 0.49 (0.02 %) Net Assets (Cr) ₹22,169 on 31 Mar 24 Category Debt - Liquid Fund AMC Axis Asset Management Company Limited Rating ☆☆☆☆ Risk Low Expense Ratio 0.22 Sharpe Ratio 1.46 Information Ratio 0 Alpha Ratio 0 Min Investment 500 Min SIP Investment 1,000 Exit Load NIL Yield to Maturity 7.41% Effective Maturity 1 Month 14 Days Modified Duration 1 Month 13 Days Growth of 10,000 investment over the years.
Date Value 31 Mar 19 ₹10,000 31 Mar 20 ₹10,625 31 Mar 21 ₹11,005 31 Mar 22 ₹11,379 31 Mar 23 ₹12,029 31 Mar 24 ₹12,901 Returns for Axis Liquid Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 21 Apr 24 Duration Returns 1 Month 0.7% 3 Month 1.9% 6 Month 3.8% 1 Year 7.3% 3 Year 5.5% 5 Year 5.2% 10 Year 15 Year Since launch 7% Historical performance (Yearly) on absolute basis
Year Returns 2023 7.1% 2022 4.9% 2021 3.3% 2020 4.3% 2019 6.6% 2018 7.5% 2017 6.7% 2016 7.6% 2015 8.4% 2014 9.1% Fund Manager information for Axis Liquid Fund
Name Since Tenure Devang Shah 5 Nov 12 11.41 Yr. Aditya Pagaria 13 Aug 16 7.64 Yr. Sachin Jain 3 Jul 23 0.75 Yr. Data below for Axis Liquid Fund as on 31 Mar 24
Asset Allocation
Asset Class Value Cash 99.78% Other 0.22% Debt Sector Allocation
Sector Value Cash Equivalent 78.14% Corporate 18.09% Government 3.55% Credit Quality
Rating Value AAA 100% Top Securities Holdings / Portfolio
Name Holding Value Quantity Clearing Corporation Of India Ltd
CBLO/Reverse Repo | -6% ₹2,023 Cr Union Bank Of India
Certificate of Deposit | -4% ₹1,208 Cr 24,500 182 DTB 16052024
Sovereign Bonds | -3% ₹1,186 Cr 120,000,000
↑ 45,000,000 Small Industries Development Bank of India
Commercial Paper | -3% ₹1,013 Cr 20,500 Indian Bank
Domestic Bonds | -3% ₹982 Cr 20,000
↑ 20,000 Reliance Retail Ventures Limited
Commercial Paper | -2% ₹849 Cr 17,000 Canara Bank
Domestic Bonds | -2% ₹787 Cr 16,000 Punjab National Bank
Domestic Bonds | -2% ₹785 Cr 16,000
↑ 16,000 Small Industries Development Bank Of India
Certificate of Deposit | -2% ₹762 Cr 15,500
↑ 15,500 91 DTB 11042024
Sovereign Bonds | -2% ₹746 Cr 75,000,000 2. Axis Focused 25 Fund
CAGR/Annualized return of 14.4% since its launch. Ranked 7 in Focused category. Return for 2023 was 17.2% , 2022 was -14.5% and 2021 was 24% . Axis Focused 25 Fund
Growth Launch Date 29 Jun 12 NAV (19 Apr 24) ₹48.97 ↑ 0.17 (0.35 %) Net Assets (Cr) ₹14,087 on 31 Mar 24 Category Equity - Focused AMC Axis Asset Management Company Limited Rating ☆☆☆☆☆ Risk Moderately High Expense Ratio 1.74 Sharpe Ratio 2.03 Information Ratio -1.35 Alpha Ratio -0.28 Min Investment 5,000 Min SIP Investment 500 Exit Load 0-12 Months (1%),12 Months and above(NIL) Growth of 10,000 investment over the years.
Date Value 31 Mar 19 ₹10,000 31 Mar 20 ₹8,631 31 Mar 21 ₹13,830 31 Mar 22 ₹15,908 31 Mar 23 ₹13,458 31 Mar 24 ₹18,118 Returns for Axis Focused 25 Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 21 Apr 24 Duration Returns 1 Month 4.4% 3 Month 7.3% 6 Month 16.2% 1 Year 30.9% 3 Year 9.9% 5 Year 12.2% 10 Year 15 Year Since launch 14.4% Historical performance (Yearly) on absolute basis
Year Returns 2023 17.2% 2022 -14.5% 2021 24% 2020 21% 2019 14.7% 2018 0.6% 2017 45.2% 2016 4.6% 2015 3.9% 2014 38.8% Fund Manager information for Axis Focused 25 Fund
Name Since Tenure Sachin Relekar 1 Feb 24 0.16 Yr. Hitesh Das 3 Aug 23 0.66 Yr. Krishnaa N 1 Mar 24 0.08 Yr. Data below for Axis Focused 25 Fund as on 31 Mar 24
Equity Sector Allocation
Sector Value Financial Services 26.96% Basic Materials 12% Technology 11.94% Consumer Cyclical 8.79% Communication Services 7.99% Health Care 7.28% Consumer Defensive 6.83% Utility 5.59% Energy 4.82% Real Estate 3.69% Asset Allocation
Asset Class Value Cash 2.29% Equity 97.71% Top Securities Holdings / Portfolio
Name Holding Value Quantity Tata Consultancy Services Ltd (Technology)
Equity, Since 28 Feb 18 | TCS8% ₹1,144 Cr 2,792,844 Bajaj Finance Ltd (Financial Services)
Equity, Since 30 Sep 16 | 5000348% ₹1,018 Cr 1,566,571
↓ -70,285 Pidilite Industries Ltd (Basic Materials)
Equity, Since 30 Jun 16 | PIDILITIND7% ₹938 Cr 3,429,048
↓ -94,782 Avenue Supermarts Ltd (Consumer Defensive)
Equity, Since 30 Apr 17 | 5403767% ₹925 Cr 2,360,740
↓ -165,961 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Jul 21 | ICICIBANK6% ₹876 Cr 8,323,068 Torrent Power Ltd (Utilities)
Equity, Since 28 Feb 21 | 5327796% ₹757 Cr 7,023,691 Info Edge (India) Ltd (Communication Services)
Equity, Since 31 Jul 16 | NAUKRI5% ₹690 Cr 1,310,390
↓ -165,012 Reliance Industries Ltd (Energy)
Equity, Since 30 Apr 22 | RELIANCE5% ₹652 Cr 2,232,716 Divi's Laboratories Ltd (Healthcare)
Equity, Since 31 Jul 19 | DIVISLAB5% ₹623 Cr 1,785,591
↓ -231,089 Bajaj Finserv Ltd (Financial Services)
Equity, Since 31 Oct 16 | 5329785% ₹621 Cr 3,894,424 3. Axis Gold Fund
CAGR/Annualized return of 6.5% since its launch. Return for 2023 was 14.7% , 2022 was 12.5% and 2021 was -4.7% . Axis Gold Fund
Growth Launch Date 20 Oct 11 NAV (19 Apr 24) ₹21.9407 ↑ 0.02 (0.08 %) Net Assets (Cr) ₹410 on 31 Mar 24 Category Gold - Gold AMC Axis Asset Management Company Limited Rating ☆ Risk Moderately High Expense Ratio 0.27 Sharpe Ratio 0.36 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.
Date Value 31 Mar 19 ₹10,000 31 Mar 20 ₹13,792 31 Mar 21 ₹13,827 31 Mar 22 ₹15,774 31 Mar 23 ₹18,294 31 Mar 24 ₹20,220 Returns for Axis Gold Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 21 Apr 24 Duration Returns 1 Month 11.6% 3 Month 17.1% 6 Month 21.6% 1 Year 20.4% 3 Year 14.1% 5 Year 17.3% 10 Year 15 Year Since launch 6.5% Historical performance (Yearly) on absolute basis
Year Returns 2023 14.7% 2022 12.5% 2021 -4.7% 2020 26.9% 2019 23.1% 2018 8.3% 2017 0.7% 2016 10.7% 2015 -11.9% 2014 -11.4% Fund Manager information for Axis Gold Fund
Name Since Tenure Aditya Pagaria 9 Nov 21 2.39 Yr. Data below for Axis Gold Fund as on 31 Mar 24
Asset Allocation
Asset Class Value Cash 3.65% Other 96.35% Top Securities Holdings / Portfolio
Name Holding Value Quantity Axis Gold ETF
- | -98% ₹371 Cr 69,909,666
↑ 711,009 Clearing Corporation Of India Ltd
CBLO/Reverse Repo | -2% ₹8 Cr Net Receivables / (Payables)
Net Current Assets | -0% -₹1 Cr 4. Axis Long Term Equity Fund
CAGR/Annualized return of 16.1% since its launch. Ranked 20 in ELSS category. Return for 2023 was 22% , 2022 was -12% and 2021 was 24.5% . Axis Long Term Equity Fund
Growth Launch Date 29 Dec 09 NAV (19 Apr 24) ₹84.9264 ↑ 0.23 (0.27 %) Net Assets (Cr) ₹35,474 on 31 Mar 24 Category Equity - ELSS AMC Axis Asset Management Company Limited Rating ☆☆☆ Risk Moderately High Expense Ratio 1.61 Sharpe Ratio 2.46 Information Ratio -1.02 Alpha Ratio 5.36 Min Investment 500 Min SIP Investment 500 Exit Load NIL Growth of 10,000 investment over the years.
Date Value 31 Mar 19 ₹10,000 31 Mar 20 ₹8,809 31 Mar 21 ₹13,885 31 Mar 22 ₹15,668 31 Mar 23 ₹13,903 31 Mar 24 ₹19,351 Returns for Axis Long Term Equity Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 21 Apr 24 Duration Returns 1 Month 5.3% 3 Month 8.1% 6 Month 17.2% 1 Year 34.6% 3 Year 12.5% 5 Year 13.9% 10 Year 15 Year Since launch 16.1% Historical performance (Yearly) on absolute basis
Year Returns 2023 22% 2022 -12% 2021 24.5% 2020 20.5% 2019 14.8% 2018 2.7% 2017 37.4% 2016 -0.7% 2015 6.7% 2014 66.2% Fund Manager information for Axis Long Term Equity Fund
Name Since Tenure Shreyash Devalkar 4 Aug 23 0.66 Yr. Ashish Naik 3 Aug 23 0.66 Yr. Data below for Axis Long Term Equity Fund as on 31 Mar 24
Equity Sector Allocation
Sector Value Financial Services 23.93% Consumer Cyclical 12.74% Basic Materials 10.5% Technology 10.22% Consumer Defensive 9.93% Health Care 8.38% Industrials 7.63% Utility 6.47% Communication Services 5.89% Energy 1.8% Asset Allocation
Asset Class Value Cash 2.5% Equity 97.5% Top Securities Holdings / Portfolio
Name Holding Value Quantity Tata Consultancy Services Ltd (Technology)
Equity, Since 30 Apr 17 | TCS7% ₹2,509 Cr 6,125,879
↓ -78,994 Torrent Power Ltd (Utilities)
Equity, Since 30 Jun 13 | 5327796% ₹2,078 Cr 19,282,984
↓ -328,235 Bajaj Finance Ltd (Financial Services)
Equity, Since 30 Sep 16 | 5000346% ₹2,008 Cr 3,091,472 Avenue Supermarts Ltd (Consumer Defensive)
Equity, Since 30 Apr 17 | 5403765% ₹1,779 Cr 4,539,682
↓ -363,715 Nestle India Ltd (Consumer Defensive)
Equity, Since 31 Aug 14 | NESTLEIND5% ₹1,572 Cr 6,055,941
↓ -801,928 HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jan 10 | HDFCBANK5% ₹1,546 Cr 11,016,916
↑ 700,900 Info Edge (India) Ltd (Communication Services)
Equity, Since 31 May 14 | NAUKRI5% ₹1,533 Cr 2,910,169
↓ -261,773 Pidilite Industries Ltd (Basic Materials)
Equity, Since 30 Nov 14 | PIDILITIND4% ₹1,398 Cr 5,108,360 PI Industries Ltd (Basic Materials)
Equity, Since 30 Sep 20 | PIIND3% ₹1,070 Cr 2,912,916 Divi's Laboratories Ltd (Healthcare)
Equity, Since 30 Nov 17 | DIVISLAB3% ₹998 Cr 2,859,692
↓ -758,532 5. Axis Short Term Fund
CAGR/Annualized return of 7.5% since its launch. Ranked 26 in Short term Bond category. Return for 2023 was 6.8% , 2022 was 3.7% and 2021 was 3.5% . Axis Short Term Fund
Growth Launch Date 22 Jan 10 NAV (19 Apr 24) ₹27.9064 ↓ -0.02 (-0.07 %) Net Assets (Cr) ₹7,797 on 31 Mar 24 Category Debt - Short term Bond AMC Axis Asset Management Company Limited Rating ☆☆☆ Risk Moderately Low Expense Ratio 0.97 Sharpe Ratio 0.29 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 1,000 Exit Load NIL Yield to Maturity 7.81% Effective Maturity 3 Years 8 Months 16 Days Modified Duration 2 Years 9 Months 29 Days Growth of 10,000 investment over the years.
Date Value 31 Mar 19 ₹10,000 31 Mar 20 ₹10,947 31 Mar 21 ₹11,814 31 Mar 22 ₹12,326 31 Mar 23 ₹12,859 31 Mar 24 ₹13,792 Returns for Axis Short Term Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 21 Apr 24 Duration Returns 1 Month 0.4% 3 Month 1.8% 6 Month 3.8% 1 Year 6.6% 3 Year 5.2% 5 Year 6.6% 10 Year 15 Year Since launch 7.5% Historical performance (Yearly) on absolute basis
Year Returns 2023 6.8% 2022 3.7% 2021 3.5% 2020 10.1% 2019 9.8% 2018 6.3% 2017 5.9% 2016 9.6% 2015 8.1% 2014 10% Fund Manager information for Axis Short Term Fund
Name Since Tenure Devang Shah 5 Nov 12 11.41 Yr. Aditya Pagaria 3 Jul 23 0.75 Yr. Data below for Axis Short Term Fund as on 31 Mar 24
Asset Allocation
Asset Class Value Cash 11.57% Debt 88.2% Other 0.23% Debt Sector Allocation
Sector Value Corporate 56.78% Government 36.44% Cash Equivalent 5.83% Securitized 0.72% Credit Quality
Rating Value AA 16.19% AAA 83.81% Top Securities Holdings / Portfolio
Name Holding Value Quantity 7.18% Govt Stock 2033
Sovereign Bonds | -13% ₹1,114 Cr 110,500,000
↑ 43,500,000 National Bank For Agriculture And Rural Development
Debentures | -5% ₹412 Cr 41,000
↓ -1,500 7.26% Govt Stock 2033
Sovereign Bonds | -3% ₹279 Cr 27,650,000
↓ -11,000,000 HDFC Bank Ltd.
Debentures | -3% ₹232 Cr 5,000
↑ 5,000 8.25% Govt Stock 2033
Sovereign Bonds | -2% ₹159 Cr 15,662,000
↑ 15,500,000 Bajaj Housing Finance Limited
Debentures | -2% ₹155 Cr 1,550 Small Industries Development Bank Of India
Debentures | -2% ₹151 Cr 15,000
↓ -2,500 Shriram Finance Limited
Debentures | -2% ₹150 Cr 15,000 Bharti Telecom Limited
Debentures | -2% ₹150 Cr 15,000 Kotak Mahindra Prime Ltd. 8.225%
Debentures | -2% ₹150 Cr 15,000
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
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?
Open Free Investment Account for Lifetime at Fincash.com.
Complete your Registration and KYC Process
Upload Documents (PAN, Aadhaar, etc.). And, You are Ready to Invest!
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
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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