Axis Asset Management Company Ltd., the formal name of Axis Mutual Fund, is the mutual fund investment wing of Axis Bank, one of the largest private banks in India. 74.99% share of the AMC is held by Axis Bank while the rest 24% is held by Schroder Singapore Holdings Private Limited.
The Axis MF AMC was incorporated back in October 2009 and has since abided by its three pillars:
I. Outside-in view – Communicate with customers in their language to assist better in taking the right investment decision.
II. Long-term wealth creation – Encourage investors to create a long-term investment strategy and play a critical role in their wealth management.
III. Long-term relationship – Build relationships beyond finances.
It has 31 investment teams operating across 19 nations in the Middle East, Europe, America, and Asia. The product lineup of Axis Mutual Fund includes over 53 different schemes. It is present in over 100 cities and has over 98 lakh active investor accounts.
| Fund Name | Category | Risk | NAV | Expense Ratio | 1Y Returns | 3Y Returns | 5Y Returns | Rating | Fund Size (in Cr) | Exit Load |
|---|---|---|---|---|---|---|---|---|---|---|
Axis Corporate Bond Fund | Debt | Moderate | 18.61 | 0.36 | 8.4% | 8.2% | 6.7% | 5 | ₹9,871 | - |
Axis Money Market Fund | Debt | Low to Moderate | 1,488.87 | 0.17 | 7.6% | 7.7% | 6.3% | 5 | ₹24,193 | - |
Axis Liquid Direct Fund | Debt | Low to Moderate | 3,011.94 | 0.11 | 6.7% | 7.1% | 5.9% | 5 | ₹37,357 | Exit load of 0.0070% if redeemed within 1 day, 0.0065% if redeemed within 2 days, 0.0060% if redeemed within 3 days, 0.0055% if redeemed within 4 days, 0.0050% if redeemed within 5 days, 0.0045% if redeemed within 6 days. See more |
Axis Overnight Fund | Debt | Low | 1,404.93 | 0.07 | 5.9% | 6.5% | 5.4% | 5 | ₹8,896 | - |
Axis Gold Fund | Commodities | High | 41.97 | 0.17 | 70.5% | 33.4% | 20.4% | 4 | ₹1,799 | Exit load of 1%, if redeemed within 15 days. |
Axis Value Fund | Equity | Very High | 20.19 | 0.74 | 2.8% | 23.8% | NA | 4 | ₹1,150 | Exit Load for units in excess of 20% of the investment,1% will be charged for redemption within 12 months. See more |
Axis Multicap Fund | Equity | Very High | 18.77 | 0.72 | -1.2% | 22.7% | NA | 4 | ₹9,099 | Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 365 days See more |
Axis Credit Risk Fund | Debt | High | 24.92 | 0.8 | 9.4% | 8.7% | 7.6% | 4 | ₹366 | Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 1 months. See more |
Axis Strategic Bond Fund | Debt | Moderately High | 31.79 | 0.72 | 8.8% | 8.7% | 7.3% | 4 | ₹1,941 | Exit load of 1%, if redeemed within 15 Days. |
Axis Short Duration Fund | Debt | Moderate | 34.78 | 0.38 | 8.5% | 8.2% | 6.6% | 4 | ₹12,691 | - |
Axis Arbitrage Fund | Hybrid | Low | 20.89 | 0.33 | 7.1% | 7.7% | 6.5% | 4 | ₹7,873 | Exit load of 0.25% if redeemed within 15 days. |
Axis Gilt Fund | Debt | Moderate | 27.44 | 0.42 | 5.1% | 7.7% | 5.9% | 4 | ₹599 | - |
Axis Banking & PSU Debt Fund | Debt | Moderate | 2,791.66 | 0.34 | 7.8% | 7.4% | 6.0% | 4 | ₹13,711 | - |
Axis Nifty Midcap 50 Index Fund | Equity | Very High | 20.66 | 0.25 | 3.4% | 24.5% | NA | 3 | ₹518 | Exit load of 0.25% if redeemed within 7 days. |
Axis Nifty Smallcap 50 Index Fund | Equity | Very High | 17.82 | 0.27 | -9.9% | 23.1% | NA | 3 | ₹557 | - |
| View All | ||||||||||
| Mutual fund name | Axis Mutual Fund | |||||
| Asset management company name | Axis Mutual Fund | |||||
| AMC Setup Date | 04 Sep 2009 | |||||
| AMC Incorporation Date | 04 Sep 2009 | |||||
| Sponsor name | Axis Bank Limited | |||||
| Trustee organisation | Axis Mutual Fund Trustee Ltd. | |||||
| Name of trustees | Mr. Radhakrishnan Nair | Mrs. Vijayalakshmi Iyer | Mr. G. Gopalakrishna | Mr. Venkat Chalasani | Mr. Rudrapriya Ray | Mr. Murray Coble |
| MD | B.Gopkumar | |||||
| CEO | Gop Kumar Bhaskaran(Chief Executive Officer) | |||||
| CIO | Ashish Gupta(Chief Investment Officer) | |||||
| Compliance Officer | Mr. Darshan Kapadia | |||||
| Investor Service Officer | Mr. Milind Vengurlekar | |||||
| Total AUM (as of end of last quarter) | ₹3,62,655.43Cr | |||||
| Address | 23rd Floor, One Lodha Place,S. B. Road, Lower Parel. Mumbai 400013 |
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Mutual Fund investment not only provides a lot of benefits but can also help in reducing the risk by investing in diverse portfolios. If you are looking to invest in Axis Bank Mutual funds, such an investment can be made online as well as offline. The Axis mutual fund application via offline mode can be done by filling up an investment application form. If you prefer to do it online, the prerequisites of how can you invest in Axis MF online is given below.
However, you can also invest in Axis Mutual Funds online on Groww; the steps for which are given below:
You can invest in the Axis Bank Mutual Fund online by simply following the few steps mentioned below –
Step 1. Register and create a new Groww account or log in if you already have one.
Step 2. Upload your identity proof documents (Central or State Government ID card PAN, Aadhaar, Passport, Voter ID, Driving License, etc.)
Step 3. Upload your address proof documents (any identity proof documents with your permanent address, etc.).
Step 4. Choose the duration of your investment.
Step 5. Select whether you want low, mid, or high-risk investment options.
Step 6. Select your preferred Axis Bank Mutual Fund.
Step 7. Click on “Invest One Time” if you want to invest a lump sum amount or “Start SIP” if you want to invest via SIP.
Your Groww account will reflect the Axis Mutual Fund in India you have invested in within 3 to 4 working days.
Now let us jump and check about these top 15 mutual fund schemes.
Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 8.19% & 6.68%. The Axis Corporate Bond Fund comes under the Debt category of Axis Mutual Funds.
Minimum Investment Amount: Lump sum minimum amount for Axis Corporate Bond Fund is ₹100 and for SIP, it is ₹100.
| Min Investment Amt | ₹100 |
|---|---|
| AUM | ₹9,871Cr |
| 1Y Returns | 8.4% |
Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 7.68% & 6.34%. The Axis Money Market Fund comes under the Debt category of Axis Mutual Funds.
Minimum Investment Amount: Lump sum minimum amount for Axis Money Market Fund is ₹100 and for SIP, it is ₹100.
| Min Investment Amt | ₹100 |
|---|---|
| AUM | ₹24,193Cr |
| 1Y Returns | 7.6% |
Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 7.09% & 5.87%. The Axis Liquid Direct Fund comes under the Debt category of Axis Mutual Funds.
Minimum Investment Amount: Lump sum minimum amount for Axis Liquid Direct Fund is ₹100 and for SIP, it is ₹100.
| Min Investment Amt | ₹100 |
|---|---|
| AUM | ₹37,357Cr |
| 1Y Returns | 6.7% |
Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 6.45% & 5.43%. The Axis Overnight Fund comes under the Debt category of Axis Mutual Funds.
| Min Investment Amt | ₹100 |
|---|---|
| AUM | ₹8,896Cr |
| 1Y Returns | 5.9% |
Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 33.41% & 20.37%. The Axis Gold Fund comes under the Commodities category of Axis Mutual Funds.
Minimum Investment Amount: Lump sum minimum amount for Axis Gold Fund is ₹100 and for SIP, it is ₹100.
| Min Investment Amt | ₹100 |
|---|---|
| AUM | ₹1,799Cr |
| 1Y Returns | 70.5% |
Fund Performance: The Axis Value Fund comes under the Equity category of Axis Mutual Funds.
Minimum Investment Amount: Lump sum minimum amount for Axis Value Fund is ₹100 and for SIP, it is ₹100.
| Min Investment Amt | ₹100 |
|---|---|
| AUM | ₹1,150Cr |
| 1Y Returns | 2.8% |
Fund Performance: The Axis Multicap Fund comes under the Equity category of Axis Mutual Funds.
Minimum Investment Amount: Lump sum minimum amount for Axis Multicap Fund is ₹100 and for SIP, it is ₹100.
| Min Investment Amt | ₹100 |
|---|---|
| AUM | ₹9,099Cr |
| 1Y Returns | -1.2% |
Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 8.73% & 7.64%. The Axis Credit Risk Fund comes under the Debt category of Axis Mutual Funds.
Minimum Investment Amount: Lump sum minimum amount for Axis Credit Risk Fund is ₹5,000 and for SIP, it is ₹1,000.
| Min Investment Amt | ₹5,000 |
|---|---|
| AUM | ₹366Cr |
| 1Y Returns | 9.4% |
Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 8.69% & 7.35%. The Axis Strategic Bond Fund comes under the Debt category of Axis Mutual Funds.
Minimum Investment Amount: Lump sum minimum amount for Axis Strategic Bond Fund is ₹100 and for SIP, it is ₹100.
| Min Investment Amt | ₹100 |
|---|---|
| AUM | ₹1,941Cr |
| 1Y Returns | 8.8% |
Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 8.15% & 6.62%. The Axis Short Duration Fund comes under the Debt category of Axis Mutual Funds.
Minimum Investment Amount: Lump sum minimum amount for Axis Short Duration Fund is ₹100 and for SIP, it is ₹100.
| Min Investment Amt | ₹100 |
|---|---|
| AUM | ₹12,691Cr |
| 1Y Returns | 8.5% |
Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 7.69% & 6.49%. The Axis Arbitrage Fund comes under the Hybrid category of Axis Mutual Funds.
Minimum Investment Amount: Lump sum minimum amount for Axis Arbitrage Fund is ₹500 and for SIP, it is ₹100.
| Min Investment Amt | ₹500 |
|---|---|
| AUM | ₹7,873Cr |
| 1Y Returns | 7.1% |
Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 7.66% & 5.86%. The Axis Gilt Fund comes under the Debt category of Axis Mutual Funds.
Minimum Investment Amount: Lump sum minimum amount for Axis Gilt Fund is ₹5,000 and for SIP, it is ₹1,000.
| Min Investment Amt | ₹5,000 |
|---|---|
| AUM | ₹599Cr |
| 1Y Returns | 5.1% |
Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 7.43% & 6.03%. The Axis Banking & PSU Debt Fund comes under the Debt category of Axis Mutual Funds.
Minimum Investment Amount: Lump sum minimum amount for Axis Banking & PSU Debt Fund is ₹5,000 and for SIP, it is ₹1,000.
| Min Investment Amt | ₹5,000 |
|---|---|
| AUM | ₹13,711Cr |
| 1Y Returns | 7.8% |
Fund Performance: The Axis Nifty Midcap 50 Index Fund comes under the Equity category of Axis Mutual Funds.
Minimum Investment Amount: Lump sum minimum amount for Axis Nifty Midcap 50 Index Fund is ₹100 and for SIP, it is ₹100.
| Min Investment Amt | ₹100 |
|---|---|
| AUM | ₹518Cr |
| 1Y Returns | 3.4% |
Fund Performance: The Axis Nifty Smallcap 50 Index Fund comes under the Equity category of Axis Mutual Funds.
Minimum Investment Amount: Lump sum minimum amount for Axis Nifty Smallcap 50 Index Fund is ₹100 and for SIP, it is ₹100.
| Min Investment Amt | ₹100 |
|---|---|
| AUM | ₹557Cr |
| 1Y Returns | -9.9% |
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