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Axis Mutual Fund

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.

As of 31st March 2021, the total asset under management (AuM) of this company stood at around Rs.196548.66 Crore.

Axis Asset Management Company Ltd. is present in more than 90 cities India. It has over 20 Lakh investors and offers more than 170 investment schemes.

Top Performing Axis Mutual Funds

Fund NameCategoryRisk1Y ReturnsRatingFund Size(in Cr)
Axis Small Cap FundEquityVery High58.6%5₹7,362
Axis Growth Opportunities FundEquityVery High49.2%5₹5,006
Axis Midcap FundEquityVery High45.1%5₹15,988
Axis Bluechip FundEquityVery High30.3%5₹33,967
Axis Triple Advantage FundHybridVery High29.8%5₹1,613
Axis Gilt FundDebtModerate3.8%5₹148
Axis Flexi Cap FundEquityVery High43.1%4₹10,979
Axis Flexi Cap FundEquityVery High37.0%4₹10,979
Axis Focused 25 FundEquityVery High34.7%4₹20,404
Axis Long Term Equity FundEquityVery High33.7%4₹34,235
Axis Equity Hybrid FundHybridVery High29.9%4₹1,888
Axis Equity Saver FundHybridModerately High17.8%4₹1,053
Axis Dynamic Bond Direct FundDebtModerate4.4%4₹2,204
Axis Short Term Direct FundDebtModerate4.4%4₹11,790
Axis Strategic Bond FundDebtModerately High6.3%4₹1,770
View All Top Performing Axis Mutual Funds

Key information about Axis Asset Management Company Ltd.

Mutual fundAxis Mutual Fund
Asset management companyAxis Asset Management Company Ltd.
Founded4 September 2009
Incorporated13 January 2009
SponsorsAxis Bank Limited
TrusteeAxis Mutual Fund Trustee Limited
Name of trusteesDr. T. C. Nair (Chairman)Mr. Uday M. Chitale (Director)Mr. Radhakrishnan Nair (Director)Mr. Murray Alan Coble (Director)Mr. Kedar Desai (Director)Mr. Bapi Munshi (Director)
CEOMr. Chandresh Kumar Nigam
COOMr. Gopal Menon
DirectorsMs. Sonia SinghMr. U. R. BhatMr. Shailendra BhandariMr. R. K. BammiMr. Lieven DebruyneMr. Chandresh Kumar NigamMr. Ashok SinhaMr. Amitabh Chaudhry
Head of salesMr. Manesh Thakur
Head of fixed incomeMr. R. Sivakumar
Head of equityMr. Jinesh Gopani
Company secretaryMr. Lalit Taparia
Investor Service OfficerMr. Milind Vengurlekar
Compliance OfficerMr. Darshan Kapadia

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How can you invest in Axis Mutual Funds?

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.

Top Fund Managers

1. Mr. Jinesh Gopani

Jinesh Gopani has a combined experience of 13 years in capital markets. Out of that, he spent 4 years in managing equity funds. An MMS in Finance from Mumbai University, he has been the Fund Manager of Equities at Axis Asset Management Company Ltd. since 2011. He held the post of Assistant Fund manager of Equities prior to this position.

Before becoming part of Axis Mutual Fund, he was associated with Birla Sun Life Asset Management Company Ltd. as the Portfolio Manager. He was also the Portfolio Manager and Research Analyst at Voyager India Capital Pvt. Ltd. earlier.

The key funds that Mr. Gopani manages are Axis Long Term Equity Fund, Axis Growth Opportunities Fund, and Axis Focused 25 Fund.

2. Mr. Shreyash Devalkar

Shreyash Devalkar is a Bachelor of Chemical Engineering degree from UDCT, Mumbai and an MMS in Finance from Jamnalal Bajaj Institute of Management Studies.

Mr. Devalkar began his career as an Executive Engineer at Larsen & Toubro Limited back in 1999. He then moved on to become a manager at Calyon Bank in 2003. In 2004, he was hired as an Analyst at JP Morgan Services India Ltd. From there, he went on to become the Vice President of Research at IDFC Capital Ltd. Mr. Devalkar later on became the Vice President of Investments at IDFC Asset Management Company Ltd.

BNP Paribas Asset Management India Private Ltd hired him as an Equity Analyst in the PMS division in 2011. The same year, he became the Fund Manager of Equities of the same company.

Mr. Devalkar has served as the Senior Fund Manager of Axis Bank Mutual Fund investment schemes since 2016.

Some of the key funds that Shreyash Devalkar manages include Axis Multicap Fund, Axis Mid Cap Fund, and Axis Bluechip Fund. The Axis Bluechip Fund registered a 21.5% return in FY 2017-18, a considerable growth compared to Bluechip Funds of other AMCs.

3. Mr. Anupam Tiwari

Anupam Tiwari is the Fund Manager of Equity of Axis Mutual Funds since 2016. He was also the Senior Equity Analyst at Reliance Capital Asset Management Company Ltd., where he primarily functioned across sectors including infrastructure, utilities, media, and capital goods.

Mr. Tiwari also managed mid cap and large cap portfolios as Equity Fund Manager in Reliance Life Insurance Company Limited later on. He also held the same position at Principal PNB Mutual Fund after moving on from the previous company.

Few of the funds that Anupam Tiwari manages are Axis Small Cap Fund, Axis Equity Saver Fund, and Axis Dynamic Equity Fund.

4. Mr. Ashish Naik

Ashish Naik is a PGDBM in Finance and Marketing from XLRI, Jamshedpur. He is also a Chartered Financial Analyst (CFA) and Financial Risk Manager (FRM). Mr. Naik also holds a degree in Bachelor in Computer Engineering from the University of Mumbai.

He initially began his career as a Software Engineer from Hexaware Technologies. He later on joined Goldman Sachs as a Sell-side Equity Research Analyst and performed various duties like creating financial models for Korean and Malaysian banks.

Mr. Naik joined Axis Mutual Fund in 2009 as a Research Analyst. His primary roles included risk analysis, portfolio performance, marketing mutual funds, analysing industry structure, etc.

He received the position of Assistant Fund Manager at Axis in 2016 and Fund Manager in 2018.

The key funds that Ashish Naik manages include Axis Regular Saver Fund, Axis Equity Hybrid Fund, Axis Children’s Gift Fund - Compulsory Lock-In, Axis Triple Advantage Fund, and Axis NIFTY ETF.

5. Mr. Viresh Joshi

Viresh Joshi functions as the Fund Manager and the Chief Trader at Axis. An MBA in Finance, he has a capital market experience of more than 20 years.

He has represented domestic buy side investors of ETFs, equity derivatives, and equity at several round-table conferences like TradeTech and FIX. Mr. Joshi was previously associated with ICICI Securities and BNP Paribas Securities.

6. Mr. R. Sivakumar

R. Sivakumar holds a BTech degree from the Indian Institute of Technology, Madras and an MBD degree from the Indian Institute of Management, Ahmedabad.

He started his career as a Research and Investment Analyst in Zurich India AMC & ITC Threadneedle AMC back in 1998. Mr. Sivakumar has also been the Fund manager of Fixed Income at Sundaram Asset Management Company Ltd. He has also played the role of Fund Manager in Fortis Investments, where he later became the Chief Operating Officer.

R. Sivakumar is currently the Head of Fixed Income at Axis Mutual Fund in India since 2009.

Some of the key schemes that he manages are Axis Triple Advantage Fund, Axis Equity Saver Fund, Axis Equity Hybrid Fund, Axis Dynamic Equity Fund, Axis Dynamic Bond Fund, and Axis Children’s Gift Fund - Compulsory Lock-In.

Let's have a closer look

Now let us jump and check about these top 10 mutual fund schemes.

Axis Small Cap Fund Direct Growth

Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 32.79% & 23.85%. The Axis Small Cap Fund comes under the Equity category of Axis Mutual Funds.

Minimum Investment Amount: Lump sum minimum amount for Axis Small Cap Fund is ₹5,000 and for SIP, it is ₹500.

Min Investment Amt₹5,000
AUM₹7,362Cr
1Y Returns58.6%

Axis Growth Opportunities Fund Direct Growth

Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 28.53% & null%. The Axis Growth Opportunities Fund comes under the Equity category of Axis Mutual Funds.

Minimum Investment Amount: Lump sum minimum amount for Axis Growth Opportunities Fund is ₹5,000 and for SIP, it is ₹1,000.

Min Investment Amt₹5,000
AUM₹5,006Cr
1Y Returns49.2%

Axis Midcap Direct Plan Growth

Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 27.62% & 24.24%. The Axis Midcap Fund comes under the Equity category of Axis Mutual Funds.

Minimum Investment Amount: Lump sum minimum amount for Axis Midcap Fund is ₹5,000 and for SIP, it is ₹500.

Min Investment Amt₹5,000
AUM₹15,988Cr
1Y Returns45.1%

Axis Bluechip Fund Direct Plan Growth

Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 20.96% & 21.13%. The Axis Bluechip Fund comes under the Equity category of Axis Mutual Funds.

Minimum Investment Amount: Lump sum minimum amount for Axis Bluechip Fund is ₹5,000 and for SIP, it is ₹500.

Min Investment Amt₹5,000
AUM₹33,967Cr
1Y Returns30.3%

Axis Triple Advantage Direct Plan Growth

Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 20.5% & 15.2%. The Axis Triple Advantage Fund comes under the Hybrid category of Axis Mutual Funds.

Minimum Investment Amount: Lump sum minimum amount for Axis Triple Advantage Fund is ₹5,000 and for SIP, it is ₹1,000.

Min Investment Amt₹5,000
AUM₹1,613Cr
1Y Returns29.8%

Axis Gilt Fund Direct Plan Growth

Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 10.44% & 6.93%. 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₹148Cr
1Y Returns3.8%

Axis Flexi Cap Fund Direct Growth

Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 25.13% & null%. The Axis Flexi Cap Fund comes under the Equity category of Axis Mutual Funds.

Minimum Investment Amount: Lump sum minimum amount for Axis Flexi Cap Fund is ₹5,000 and for SIP, it is ₹500.

Min Investment Amt₹5,000
AUM₹10,979Cr
1Y Returns43.1%

Axis Flexi Cap Fund Direct Growth

Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 22.78% & null%. The Axis Flexi Cap Fund comes under the Equity category of Axis Mutual Funds.

Minimum Investment Amount: Lump sum minimum amount for Axis Flexi Cap Fund is ₹5,000 and for SIP, it is ₹500.

Min Investment Amt₹5,000
AUM₹10,979Cr
1Y Returns37.0%

Axis Focused 25 Direct Plan Growth

Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 21.98% & 21.31%. The Axis Focused 25 Fund comes under the Equity category of Axis Mutual Funds.

Minimum Investment Amount: Lump sum minimum amount for Axis Focused 25 Fund is ₹5,000 and for SIP, it is ₹500.

Min Investment Amt₹5,000
AUM₹20,404Cr
1Y Returns34.7%

Axis Long Term Equity Direct Plan Growth

Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 21.3% & 20.01%. The Axis Long Term Equity Fund comes under the Equity category of Axis Mutual Funds.

Minimum Investment Amount: Lump sum minimum amount for Axis Long Term Equity Fund is ₹500 and for SIP, it is ₹500.

Min Investment Amt₹500
AUM₹34,235Cr
1Y Returns33.7%

Axis Equity Hybrid Fund Direct Growth

Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 18.93% & null%. The Axis Equity Hybrid Fund comes under the Hybrid category of Axis Mutual Funds.

Minimum Investment Amount: Lump sum minimum amount for Axis Equity Hybrid Fund is ₹5,000 and for SIP, it is ₹1,000.

Min Investment Amt₹5,000
AUM₹1,888Cr
1Y Returns29.9%

Axis Equity Saver Fund Direct Growth

Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 12.3% & 11.57%. The Axis Equity Saver Fund comes under the Hybrid category of Axis Mutual Funds.

Minimum Investment Amount: Lump sum minimum amount for Axis Equity Saver Fund is ₹5,000 and for SIP, it is ₹1,000.

Min Investment Amt₹5,000
AUM₹1,053Cr
1Y Returns17.8%

Axis Dynamic Bond Direct Fund Growth

Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 10.06% & 7.65%. The Axis Dynamic Bond Direct Fund comes under the Debt category of Axis Mutual Funds.

Minimum Investment Amount: Lump sum minimum amount for Axis Dynamic Bond Direct Fund is ₹5,000 and for SIP, it is ₹1,000.

Min Investment Amt₹5,000
AUM₹2,204Cr
1Y Returns4.4%

Axis Short Term Direct Fund Growth

Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 8.74% & 7.74%. The Axis Short Term Direct Fund comes under the Debt category of Axis Mutual Funds.

Minimum Investment Amount: Lump sum minimum amount for Axis Short Term Direct Fund is ₹5,000 and for SIP, it is ₹1,000.

Min Investment Amt₹5,000
AUM₹11,790Cr
1Y Returns4.4%

Axis Strategic Bond Fund Direct Growth

Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 8.62% & 7.83%. 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 ₹5,000 and for SIP, it is ₹1,000.

Min Investment Amt₹5,000
AUM₹1,770Cr
1Y Returns6.3%

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