Top 10 Axis Mutual Funds

Fund NameCategoryRisk1Y ReturnsRatingFund Size(in Cr)
Axis Midcap FundEquityModerately High2.4%5star1,600
Axis Bluechip FundEquityModerately High7.7%5star2,927
Axis Focused 25 FundEquityModerately High1.7%5star5,904
Axis Long Term Equity FundEquityModerately High3.2%4star16,467
Axis Multicap FundEquityModerately High7.0%4star2,812
View All Top 10 Axis Mutual Funds

Best Axis Equity Mutual Funds

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

Equity Savings Fund typically invests the total capital in three segments- pure equity, arbitrage and debt funds. Generally, one-third of the total capital in pure equity, one-third in debt funds and the balance in arbitrage funds. However, the composition varies from fund to fund. The equity component can vary from 20-40% approx and depends on the type of mutual fund.

These funds outperform debt funds over taxation and treated as equity funds for taxation. If sold before a year, short term capital gains are taxed at 15% and if sold after a year, no tax is levied on the gains.

Purpose: Invest here for your longer duration to get higher returns than debt funds.

Let's have a closer look

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

Axis Midcap Fund - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Mid Cap segment and provided 13.15% annualized returns in the last 3 years. In the last 1 year, it gave 2.4% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 2.4% returns in the last 1 year. Groww rated this fund as 5 Star. This is one of the best Equity mutual fund in India.

Fund Manager: Shreyash Devalkar

Launch Date31 Dec 2012
Min Investment Amt5,000
Groww Rating5star
AUM1,600Cr
1Y Returns2.4%

Axis Bluechip Fund - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Large Cap segment and provided 14.57% annualized returns in the last 3 years. In the last 1 year, it gave 7.74% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 7.74% returns in the last 1 year. Groww rated this fund as 5 Star. This is one of the best Equity mutual fund in India.

Fund Manager: Shreyash Devalkar

Launch Date31 Dec 2012
Min Investment Amt5,000
Groww Rating5star
AUM2,927Cr
1Y Returns7.7%

Axis Focused 25 Fund - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Focused segment and provided 16.99% annualized returns in the last 3 years. In the last 1 year, it gave 1.72% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 1.72% returns in the last 1 year. Groww rated this fund as 5 Star. This is one of the best Equity mutual fund in India.

Fund Manager: Jinesh Gopani

Launch Date31 Dec 2012
Min Investment Amt5,000
Groww Rating5star
AUM5,904Cr
1Y Returns1.7%

Axis Long Term Equity Fund - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in ELSS segment and provided 13.64% annualized returns in the last 3 years. In the last 1 year, it gave 3.18% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 3.18% returns in the last 1 year. Groww rated this fund as 4 Star. This is one of the best Equity mutual fund in India.

Fund Manager: Jinesh Gopani

Launch Date31 Dec 2012
Min Investment Amt500
Groww Rating4star
AUM16,467Cr
1Y Returns3.2%

Axis Multicap Fund - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Multi Cap segment and provided -100% annualized returns in the last 3 years. In the last 1 year, it gave 7.04% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 7.04% returns in the last 1 year. Groww rated this fund as 4 Star. This is one of the best Equity mutual fund in India.

Fund Manager: Jinesh Gopani, Shreyash Devalkar

Launch Date12 Nov 2017
Min Investment Amt5,000
Groww Rating4star
AUM2,812Cr
1Y Returns7.0%

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What does investing in Axis Equity Mutual Funds actually mean?

Suppose a mutual fund invests in ten stocks and total current market value of these stocks is 1.1 Crore. Out of this, the AMC deducts say, 0.1 Crore for operating the fund (this is known as the expense ratio). So the net value is 1 crore. Now the AMC will divide this 1 Crore into say, 10,000 parts. These parts are known as units. The cost of one unit is 1Cr/10,000 = Rs. 1000. This is known as the Net Asset Value (NAV) of the mutual fund. Suppose the AMC has set a minimum investment requirement of Rs. 500. Then if you pay Rs. 500, you will get 0.5 units of the fund. Remember that the cost of one unit is the cost when you made the purchase. Suppose after one year, the NAV has fallen to Rs. 700 per unit and you wish to exit the fund (also known as redemption), then you sell your 0.5 units back to the AMC and get 0.5 x Rs. 700 = Rs. 350 back. Yes, you invested Rs. 500 and got back Rs. 350 – a loss of 150 over a year. The point is, that you buy units at current NAV and sell units (fully or partially) at current NAV. This is what investing in mutual fund actually means.

How to invest in Axis Mutual Funds on Groww?

One of the best ways to hedge against the small-cap volatility is to adopt a phased approach, also known as Systematic Investment Plan (SIP) approach. We are sure that you must be aware of SIP and its benefits. Buying in small quantity but buying regularly provides you with faster growth. On Groww.in, all transactions to and from AMC is done via BSE. When you decide to invest in a large cap mutual fund of your choice, you choose that mutual fund on the website and click ‘invest’. Following that, you are redirected to the BSE page where you make the payment. BSE then directs your money to the AMC managing your mutual fund. To be assured at your end, you can visit the individual AMC website after the payment. You would be able to see all your purchased units against your folio number.

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Mutual fund investments are subject to market risks. Please read the scheme information and other related documents carefully before investing.
Past performance is not indicative of future returns. Please consider your specific investment requirements, risk tolerance, investment goal, time frame, risk and reward balance and the cost associated with the investment before choosing a fund, or designing a portfolio that suits your needs.
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