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Axis Mutual Fund

AUM
₹3,65,749.22 cr.
No. of Schemes
278
AMC Age
17Yrs
Axis Asset Management Company is a leading AMC in India that offers several mutual fund schemes across equity, debt, and hybrid categories. It is backAxis Asset Management Company is a leading AMC in India that offers several mutual fund schemes across equity, debt, and hybrid categories. It is backed by Axis Bank and has a strong track record of performance. Read More

List of Top Axis Mutual Fund Schemes

Fund Name
NAV
Expenses Ratio
1y Return
3Y Returns
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Fund Size (in Cr)

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.

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.

As of February 28, 2023, Axis Mutual Fund’s AUM stood at ₹2,41,455 crore. Axis MF has over 1.26 crore active investor accounts and is present in over 100 cities. The product portfolio of Axis Asset Management Company Ltd. has over 67 schemes. The AMC has 31 investment teams operating across 19 nations, including Europe, the Middle East, America, and Asia.

Axis Mutual Fund Key Information

The following are some of the key information regarding the Axis 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. Gop Kumar Bhaskaran
Chief Investment Officer Mr. Ashish Gupta
Compliance Officer Mr Darshan Kapadia

Axis Mutual Fund Managers

SD

Shreyash Devalkar

Fund Manager since Aug 2023 (3 years)

KK

Karthik Kumar

Fund Manager since Mar 2024 (2 years)

HS

Hardik Shah

Fund Manager since Jul 2024 (2 years)

HD

Hitesh Das

Fund Manager since Aug 2023 (3 years)

AN

Ashish Naik

Fund Manager since Aug 2023 (3 years)

How to Invest in Axis Mutual Fund via Angel One?

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:

  1. Search for the fund you want to invest in or take cues from funds listed by Angel One across categories.
  2. 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.
  3. Evaluate the fund’s level of risk and weigh it against your risk tolerance.
  4. Check the fund’s ratings given by reputed rating agencies. Generally, the ratings range from 1 to 5.
  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.

  1. Decide whether your want to invest in a lump sum or via monthly SIP
  2. 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
  3. After placing the order, in case of the SIP route of investment, you can create an AutoPay to make hassle-free future instalments.

Documents Required To Invest in Axis Mutual Fund

Investing in Axis Mutual Fund through Angel One is a straightforward and fully digital process, ensuring a hassle-free experience. Whether you're a new or returning investor, we've made it convenient for you. To get started, you'll need to provide the following essential documents:

  1. PAN Card Details (Mandatory)
  2. Personal Information (Full Name, Mobile Number, Email Address)
  3. Address Proof – We recommend using your Aadhar Card, including both the front and back sides.
  4. Bank Account Details, along with a cancelled cheque if necessary.
  5. Nominee details and FATCA Declarations.

Our user-friendly platform simplifies the KYC verification, allowing you to access Axis Mutual Fund swiftly and efficiently. Your financial goals are now easily attainable. In just 48-72 business hours, your KYC process will be completed, allowing you to embark on your mutual fund journey.

Top 10 Axis Mutual Fund to Invest

Schemes Category AUM (in ₹ Cr) 3-Yr Returns  (%) 1-Yr Return (%)
Axis Value Fund  Equity 784.67 21.38  18.54 
Axis Multicap Fund  Equity 6,748.6 20.86  21.15 
Axis Small Cap Fund  Equity 23,139.08 18.29  12.26 
Axis Mid Cap Fund  Equity 28,380.17 16.17  20.20 
Axis NIFTY Next 50 Index Fund  Equity 290.46 15.71  14.40 
Axis Growth Opportunities Fund  Equity 13,522.21 15.31  19.60 
Axis Balanced Advantage Fund  Hybrid 2,652.06 13.54  16.32 
Axis Quant fund  Equity 974.54 13.05  3.91 
Axis Innovation Fund  Equity 1,157.43 12.67  21.89 
Axis NIFTY 100 Index Fund   Equity 1,680.51 12.08  9.94 
Note: All data is as of February 18, 2025. The funds selected have demonstrated the highest Compound Annual Growth Rate (CAGR) among Axis Mutual Funds over the past 3 years.

  • Axis Value Fund (Growth) 

Axis Value Fund is an equity mutual fund following a value investing strategy by identifying undervalued stocks with strong growth potential. Managed by Nitin Arora and team, it has delivered an 18.54% return over the past year. With an AUM of ₹784.67 crore, the fund carries a very high-risk rating. Exit charges apply if redeemed within 12 months.

  • Axis Multicap Fund 

Axis Multicap Fund is an equity mutual fund investing across large, mid, and small-cap stocks to maximise long-term capital appreciation. Managed by Nitin Arora and team, it has delivered a 21.15% return over the past year. With an AUM of ₹6,748.60 crore, the fund carries a very high-risk rating. Exit charges apply if redeemed within 12 months.

  • Axis Small Cap Fund 

Axis Small Cap Fund is an equity mutual fund focused on high-growth potential small-cap stocks. Managed by Krishnaa N and team, it has delivered a 12.26% return over the past year. With an AUM of ₹23,139.08 crore, the fund carries a very high-risk rating. Exit charges apply if redeemed within 12 months.

  • Axis Mid Cap Fund

Axis Mid Cap Fund is an equity mutual fund investing in mid-cap stocks with strong growth potential. Managed by Shreyash Devalkar and team, it has delivered a 20.20% return over the past year. With an AUM of ₹28,380.17 crore, the fund carries a very high-risk rating. Exit charges apply if redeemed within 12 months.

  • Axis NIFTY Next 50 Index Fund 

Axis NIFTY Next 50 Index Fund is an open-ended index fund tracking the NIFTY NEXT 50 Index. Managed by Karthik Kumar, it has delivered a 14.40% return over the past year. With an AUM of ₹290.46 crore, the fund carries a very high-risk rating. Exit charges apply if redeemed within 12 months.

  • Axis Growth Opportunities Fund

Axis Growth Opportunities Fund is an equity mutual fund investing in a diversified portfolio of Indian and overseas equities for long-term capital appreciation. Managed by Shreyash Devalkar and team, it has delivered a 19.60% return over the past year. With an AUM of ₹13,522.21 crore, the fund carries a very high-risk rating. Exit charges apply if redeemed within 12 months.

  • Axis Balanced Advantage Fund 

Axis Balanced Advantage Fund is a hybrid mutual fund that dynamically allocates investments between equity and debt based on market conditions. Managed by Jayesh Sundar and team, it has delivered a 16.32% return over the past year. With an AUM of ₹2,652.06 crore, the fund carries a very high-risk rating. Exit charges apply if redeemed within 12 months.

  • Axis Quant Fund 

Axis Quant Fund is an equity mutual fund following a quantitative investment strategy to identify high-potential stocks. Managed by Karthik Kumar and team, it has delivered a 13.05% CAGR over the past 3 years. With an AUM of ₹974.54 crore, the fund carries a very high-risk rating. Exit charges apply if redeemed within 12 months.

  • Axis Innovation Fund

Axis Innovation Fund is an equity mutual fund investing in companies driving or benefiting from innovation. Managed by Ashish Naik and team, it has delivered a 21.89% return over the past year. With an AUM of ₹1,157.43 crore, the fund carries a very high-risk rating. Exit charges apply if redeemed within 12 months.

  • Axis NIFTY 100 Index Fund 

Axis NIFTY 100 Index Fund is a low-cost index fund providing exposure to the top 100 companies by free float market capitalisation. Managed by Karthik Kumar, it has delivered a 12.08% CAGR over the past 3 years. With an AUM of ₹1,680.51 crore, the fund carries a very high-risk rating. The fund carries no exit load .

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Axis Mutual Fund FAQs

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. 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.
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.
For online investments, you can redeem your units in three ways. First, via the 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.
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.
Redemption charges depend on the type of mutual fund you want to sell. Generally, an exit load and taxes are applicable.
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.
Getting the Axis Mutual Fund account statement is simple. Head to the 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.
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 ₹1.5 lakh under Section 80C every financial year.
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.
  1. Type of the fund - debt fund or equity fund
  2. Holding period - short term or long term. Note that the definition of short- and long-term depends on the type of fund
  3. Total capital gains on selling the fund
  4. Dividends received
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