| Risk | Moderate |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 1.41% |
| NAV | ₹10.8 (25 Jun 2019) |
|---|---|
| Fund Started | 27 Apr 2011 |
| Fund Size | ₹135 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| GOI | Sovereign | GOI Sec | 25.6% |
| GOI | Sovereign | GOI Sec | 14.8% |
| Power Finance Corpn. Ltd. | Financial | Bonds/NCD | 9.8% |
| Punjab National Bank | Financial | Bonds | 7.9% |
| REC Ltd. | Financial | Debenture | 6.8% |
| National Highways Authority of India Ltd. | Services | NCD | 6.7% |
| Syndicate Bank | Financial | Debenture | 5.9% |
| National Bank For Agriculture & Rural Development | Financial | Debenture | 3.9% |
| GOI | Sovereign | GOI Sec | 3.8% |
| Tata Power Co. Ltd. | Energy | Debenture | 3.1% |
Axis Mutual Fund started their mutual fund on 04/09/2009 and its managing total assets of ₹69,145 Cr. Its ranked at 10 as per total assets at end of 30th Sep 2017.
Axis mutual fund was established in October 2009 and since then it has made a mark in the mutual fund industry. Axis mutual fund claims that the reason for it to reach the peak of success is because of the three principles they follow strictly, which is, long-term wealth creation, customer's view and long-term relationship.
Axis Mutual Fund houses more than 50 schemes, it has over 20 lac investors investing with them and is present in over 90 cities.Their main motto is to take any fund decision keeping a customer centric approach in mind. The AMC commits to keep investors at the heart of every decision.
They also believe in leveraging the equity of the brand 'Axis' and aim at building a relationship with stakeholders. Axis wants its investors to think long-term when it comes to mutual fund investing and they want their investors to optimize their money through mutual funds.