Axis Mutual Fund Schemes, Performance, Returns 2023

Fund Name	Ratings	Risk	1Y Returns	AUM
Axis Small Cap Fund	4	Very High	25%	₹1,00,900 cr.	Invest
Axis Overnight Fund	5	Low	35%	₹1,00,100 cr.	Invest
Axis Liquid Fund	5	Low	45%	₹1,00,350 cr.	Invest
Axis Strategic Bond	5	Medium	55%	₹1,01,250 cr.	Invest
Axis Corporate Debt	4.5	Medium	65%	₹1,10,120 cr.	Invest
Axis Short Term	4.5	Medium	75%	₹1,30,800 cr.	Invest
Axis Money Market	4.5	Low	57%	₹1,20,800 cr.	Invest
Axis Treasury Advantage	4	Low	76%	₹1,00,400 cr.	Invest
Axis Gilt Fund	3.5	Medium	77%	₹1,10,800 cr.	Invest
Axis Arbitrage Reg	3.5	Low	77%	₹1,10,800 cr.	Invest

About Axis Mutual Fund

Axis Mutual Fund is the mutual fund wing of Axis Bank, one of India's largest private banks. Formally known as Axis Asset Management Company Ltd., Axis AMC was established in 2009. Axis Mutual Fund is a joint venture between Axis Bank and Schroder Singapore Holdings Private Limited (SSHPL). While Axis Bank holds a 74.99% stake in Axis MF, Schroder Singapore Holdings Private Limited holds the rest 24%.

Axis Bank is the third largest private sector bank in India. Its customer segments cover Large and Mid-Corporates, SME, Agriculture and Retail Businesses. It has 4,759 domestic branches and 10,161 ATMs across India as on 30th June 2022.

Schroder Singapore Holdings Private Limited is a London-based entity established in 1804. It manages £731.6 billion globally on behalf of financial institutions, retail and institutional investors, and high net worth clients. Its expertise spans asset classes, including equities, multi-asset, fixed income, and alternatives.

Axis Mutual Fund has 31 investment teams operating across 19 nations in Europe, the Middle East, America, and Asia. As of 31st May 2022, Axis MF has over 1.28 crore active investor accounts and is present in over 100 cities. The product portfolio of Axis Asset Management Company Ltd. has over 53 schemes.

As of the same date, Axis Mutual Fund offers 68 mutual fund schemes, of which 22 are equity-related, 27 are debt, 6 are hybrid, and 13 are other schemes. As of July 2022, Axis Bluechip Fund, Axis Liquid fund, and Axis Long Term Equity Fund are the three largest Axis Mutual Fund schemes.

Axis Mutual Funds Key Information

The following are some of the key information regarding the Kotak asset management company

Founding date	October 2009
AMC Incorporation date	13th January 2009
Headquarters in	Mumbai
Name of the sponsors	Axis Bank Limited
Trustee organisation	Axis Mutual Fund Trustee Limited
MD and CEO	Mr Chandresh Kumar Nigam
Chief Investment Officer	Mr Jinesh Gopani (Equity) and Mr R. Sivakumar (Fixed Income)
Compliance Officer	Mr Darshan Kapadia

Axis Mutual Fund Managers

Jinesh Gopani

HIDE

Jinesh Gopani has an experience of over 20 years in the capital markets. He joined Axis Mutual Fund in 2009 as an Equity Fund Manager and became the Head of Equity in 2016. Jinesh manages the flagship Axis Long Term Equity Fund, amongst others.

Prior to Axis AMC, Jinesh was associated with Birla Sunlife AMC as Portfolio Manager and with Voyager India Capital as a Senior Research Analyst. Jinesh has a Master’s degree in Finance from the University of Mumbai. He has been actively managing money since 2007.

Vinayak Jayanath

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Shreyash Devalkar

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How to invest in Axis Mutual Fund?

Investing in the Axis Mutual Fund is a hassle-free process when done through your Angel One account. You just have to follow these steps:

Step 1: Log in to your Angel One account by entering your mobile number and validate the OTP. Next, enter your MPIN.

Note: In case you do not have an account with Angel One, you can open a demat account with us in under a few minutes by submitting the necessary documents.

Step 2: Determine which fund is most suited based on your needs and risk profile. You can learn more about each fund on the Angel One app. Things to consider at this stage are:

Search for the fund you want to invest in or take cues from funds listed by Angel One across categories.
Analyse the fund’s past performance, tax incidence, and the sectors and companies in which it invests in. You can also calculate the potential returns using the calculator.
Evaluate the fund’s level of risk and weigh it against your risk tolerance.
Check the fund’s ratings given by reputed rating agencies. Generally, the ratings range from 1 to 5.
Consider the fund’s expense ratio to get an idea about the cost of investing in it.

Step 3: Once you finalise the fund(s) you want to invest in, open your Angel One account, go to the Mutual Funds section, and look for it. Since this can be a long-term investment, be careful when choosing the fund that you would like to invest in.

Decide whether your want to invest in a lump sum or via monthly SIP
Next, enter the amount you want to invest and choose how you want to make the payment. UPI is the preferred mode. Alternatively, you can choose net banking
After placing the order, in case of the SIP route of investment, you can create a mandate to make hassle-free future instalments.

Top 5 Axis Mutual Funds to invest in

When it comes to evaluating the best Axis Mutual Funds, you can consider returns and risks as the primary metrics. However, there are other factors, such as AUM, volatility, and tracking error, that give you deeper insights into a fund’s performance. So be sure to consider these as well.

Name of the Fund	Sub category	AUM (Rs. in crore)	Minimum investment (Rs.)	CAGR 3Y (%)	CAGR 5Y (%)
Axis Small Cap Fund	Small Cap Fund	11390.24	500	24.01	18.34
Axis Midcap Fund	Mid Cap Fund	19741.37	500	17.27	14.92
Axis Gold Fund	FoFs - Gold	290.7	5000	12.90	13.4
Axis Flexi Cap Fund	Large Cap Fund	33049.77	500	15.92	12.13

Disclaimer: The above-mentioned top funds are for informational purposes only and are not recommendations. The funds are based on 5-yr CAGR dated 20th March 2023, which is subject to change frequently. Check out real-time data in the Mutual Funds section on Angel One.

Axis Small Cap Fund

This fund tracks the benchmark Nifty Smallcap 250 - TRI. It has ~83.77% holdings in equity. Its 1-yr return is 3.71% and its expense ratio is 0.51%.

Axis Midcap Fund

This fund tracks the benchmark S&P BSE 150 MidCap - TRI. ~86.80% of its holdings are in equity. Its 1-yr return is 1.99% and its expense ratio is 0.53%.

Axis Gold Fund

The benchmark of the Axis Gold Fund is Gold-India. 98.18% of its holdings are in mutual funds. Its 1-yr return is 13.04% and its expense ratio is 0.17%.

Axis Flexi Cap Fund

This fund tracks the benchmark NIFTY 500 - TRI. ~85.83% of its holdings are in equity. Its 1-yr return is -8.17% and its expense ratio is 0.70%.

Axis Bluechip Fund

The benchmark of Axis Growth Opp Fund is S&P BSE 100 - TRI. ~86.42% of its holdings are in equity. Its 1-yr return is -6.21% and its expense ratio is 0.63%.

Mutual Funds Calculators

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FAQs

Should I invest in the Axis Mutual Fund scheme?

Axis Mutual Fund is one of the top 10 AMCs in India, making it a big player in the market. Its funds have given significant returns to its investors. To be specific, Axis Small Cap Fund has garnered as high as 18.34% CAGR in 5 years. But returns should not be the only factor to consider when choosing a fund to invest in. Evaluating it based on other factors such as risk, volatility, fund manager’s experience, and your own return expectations and risk tolerance can help you choose the best fund suited for your terms.

How to start Axis Mutual Fund SIP online?

You can start investing in Axis SIP online in several ways. One of them is through AMC’s official website. But for a seamless experience, you can do it via Angel One.

How to redeem Axis Mutual Funds online?

For online investments, you can redeem your units in three ways. First, via Angel One App under the Mutual Funds section. Second, by visiting https://www.angelone.in/mutual-funds. Finally, you can also redeem your Axis Mutual Fund units by visiting the AMC's website.

How much time does it take to redeem Axis Mutual Fund?

It takes T+2 working days to redeem Axis Mutual Fund units. On Angel One, you can see the tentative date of the transaction, which helps in planning your finances well.

What are the redemption charges of Axis Mutual Fund?

Redemption charges depend on the type of mutual fund you want to sell. Generally, an exit load and taxes are applicable.

How to increase the SIP amount in Axis Mutual Fund?

You can do this in three ways - by visiting https://www.angelone.in/mutual-funds, the Angel One App or the AMC’s official website.

How can I get the Axis Mutual Fund statement?

Getting the Axis Mutual Fund account statement is simple. Head to Mutual Funds section in the Angel One App or visit https://www.angelone.in/mutual-funds. Alternatively, you can get the statement by visiting the AMC’s official website.

Are Axis Mutual Fund schemes tax-free?

Not all schemes are tax-free. As with any other ELSS, the one offered by Axis MF also comes with tax benefits. By investing in Axis MF ELSS Funds, you can claim a tax deduction of up to Rs. 1.5 lakh under Section 80C every financial year.

What is the best Axis Mutual Fund?

The best Axis Mutual Fund depends on various factors personal to you (risk tolerance and return expectation), and regarding the fund’s performance (volatility, returns, risk, AUM, tracking error, and expense ratio). Choose a fund only after evaluating it based on the above factors. Also, take a look at the fund’s historical performance and how experienced the fund manager is.

What determines the taxes on mutual fund returns?

Type of the fund - debt fund or equity fund
Holding period - short term or long term. Note that the definition of short- and long-term depends on the type of fund
Total capital gains on selling the fund
Dividends received