Best Axis Mutual Fund Schemes

Fund Name
Ratings
Risk
3Y Returns
AUM

Axis Small Cap Fund Direct Plan Growth

Equity Small Cap Fund

4

Very High

29.91%

₹19,530.69 cr.

Axis Small Cap Fund Direct Plan IDCW Payout

Equity Small Cap Fund

4

Very High

29.91%

₹19,530.69 cr.

Axis Small Cap Fund Direct Plan IDCW Reinvestment

Equity Small Cap Fund

4

Very High

29.91%

₹19,530.69 cr.

Axis Growth Opportunities Fund Direct Plan IDCW Payout

Equity Large & Mid Cap Fund

2.5

Very High

20.82%

₹10,849.12 cr.

Axis Growth Opportunities Fund Direct Plan IDCW Reinvestment

Equity Large & Mid Cap Fund

2.5

Very High

20.82%

₹10,849.12 cr.

Axis Growth Opportunities Fund Direct Plan Growth

Equity Large & Mid Cap Fund

2.5

Very High

20.8%

₹10,849.12 cr.

Axis Midcap Fund Direct Plan Growth

Equity Mid Cap Fund

1.5

Very High

20.14%

₹24,533.62 cr.

Axis Midcap Fund Direct Plan IDCW Payout

Equity Mid Cap Fund

1.5

Very High

20.14%

₹24,533.62 cr.

Axis Midcap Fund Direct Plan IDCW Reinvestment

Equity Mid Cap Fund

1.5

Very High

20.14%

₹24,533.62 cr.

Axis Nifty 100 Index Fund Direct Plan Growth

Other Index Fund

0

Very High

16.38%

₹1,184.34 cr.

Axis Nifty 100 Index Fund Direct Plan IDCW Payout

Other Index Fund

0

Very High

16.38%

₹1,184.34 cr.

Axis Nifty 100 Index Fund Direct Plan IDCW Reinvestment

Other Index Fund

0

Very High

16.38%

₹1,184.34 cr.

Axis Special Situations Fund Direct Plan Growth

Equity Sectoral / Thematic

0

Very High

14.39%

₹1,168.56 cr.

Axis Special Situations Fund Direct Plan IDCW Payout

Equity Sectoral / Thematic

0

Very High

14.36%

₹1,168.56 cr.

Axis Special Situations Fund Direct Plan IDCW Reinvestment

Equity Sectoral / Thematic

0

Very High

14.36%

₹1,168.56 cr.

Axis Balanced Advantage Fund Direct Plan Growth

Hybrid Dynamic Asset Allocation or Balanced Advantage

2

Very High

13.95%

₹1,990.45 cr.

Axis Balanced Advantage Fund Direct Plan IDCW Payout

Hybrid Dynamic Asset Allocation or Balanced Advantage

2

Very High

13.94%

₹1,990.45 cr.

Axis Balanced Advantage Fund Direct Plan IDCW Reinvestment

Hybrid Dynamic Asset Allocation or Balanced Advantage

2

Very High

13.94%

₹1,990.45 cr.

Axis Flexi Cap Fund Direct Plan IDCW Payout

Equity Flexi Cap Fund

2.5

Very High

13.87%

₹11,375.74 cr.

Axis Flexi Cap Fund Direct Plan IDCW Reinvestment

Equity Flexi Cap Fund

2.5

Very High

13.87%

₹11,375.74 cr.

Axis Flexi Cap Fund Direct Plan Growth

Equity Flexi Cap Fund

2.5

Very High

13.86%

₹11,375.74 cr.

Axis Retirement Savings Fund Dynamic Plan Direct Growth

Solution Oriented Retirement Fund

0

Very High

13.08%

₹321.83 cr.

Axis ESG Equity Fund Direct Plan Growth

Equity Sectoral / Thematic

0

Very High

13.05%

₹1,353.31 cr.

Axis ESG Equity Fund Direct Plan IDCW Payout

Equity Sectoral / Thematic

0

Very High

13.01%

₹1,353.31 cr.

Axis ESG Equity Fund Direct Plan IDCW Reinvestment

Equity Sectoral / Thematic

0

Very High

13.01%

₹1,353.31 cr.

Axis Retirement Savings Fund Dynamic Plan Direct Plan IDCW Payout

Solution Oriented Retirement Fund

0

Very High

12.96%

₹321.83 cr.

Axis Bluechip Fund Direct Plan IDCW Payout

Equity Large Cap Fund

2

Very High

12.37%

₹32,675.27 cr.

Axis Bluechip Fund Direct Plan IDCW Reinvestment

Equity Large Cap Fund

2

Very High

12.37%

₹32,675.27 cr.

Axis Bluechip Fund Direct Plan Growth

Equity Large Cap Fund

2

Very High

12.37%

₹32,675.27 cr.

Axis Global Equity Alpha Fund of Fund Direct Plan Growth

Other FoFs Overseas

0

Very High

12.25%

₹892.37 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 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

JG

Jinesh Gopani

Fund Manager since Jan 2020 (4 years)

SD

Shreyash Devalkar

Fund Manager since Nov 2016 (7 years)

HD

Hitesh Das

Fund Manager since Apr 2022 (1 year)

AT

Anupam Tiwari

Fund Manager since Oct 2016 (7 years)

AN

Ashish Naik

Fund Manager since Apr 2022 (1 year)

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

Name Sub Category AUM (₹ in crore) Minimum Investment(₹) CAGR 3Y (%) CAGR 5Y (%)
Axis Small Cap Fund Small Cap Fund 15847.23 100 34.53 26.79
Axis Growth Opp Fund Large & Mid Cap Fund 9686.04 100 25.37
Axis Midcap Fund Mid Cap Fund 22664.67 100 24.15 19.93
Axis Nifty 100 Index Fund Index Fund 958.99 100 20.08
Axis Flexi Cap Fund Flexi Cap Fund 11060.36 100 17.76 14.75
Axis ESG Equity Fund Thematic Fund 1409.64 100 16.86
Axis Long Term Equity Fund Equity Linked Savings Scheme (ELSS) 31411.08 500 16.23 13.04
Axis Bluechip Fund Large Cap Fund 32153.4 100 15.57 13.59
Axis Children’s Gift Fund-No Lock in Solution Oriented – Children’s Fund 751.25 100 15.4 12.82
Axis Equity Hybrid Fund Aggressive Hybrid Fund 1692.4 500 15.36 12.75

**All data as of October 4, 2023.

Selection Criteria: The funds chosen have demonstrated the highest Compound Annual Growth Rate (CAGR) over the past 3 years.

Axis Small Cap Fund

Axis Small Cap Fund is categorised as a Small Cap Fund, primarily investing in smaller companies. With an AUM of ₹15,847.23 crore, it maintains a modest expense ratio of 0.55%. Over the past 3 years, this fund has shown a consistent growth rate of 34.53% CAGR. The minimum investment required to participate in this fund is ₹100.

Axis Growth Opp Fund

Axis Growth Opp Fund falls under the Large & Mid Cap Fund category, concentrating on both large and mid-sized companies. The fund manages assets totalling ₹9,686.04 crore with an expense ratio of 0.57%. Over a 3-year period, it has demonstrated a steady performance, achieving a 25.37% CAGR. Investors can start with a minimum investment of ₹100.

Axis Midcap Fund

Axis Midcap Fund is classified as a Mid Cap Fund, specialising in mid-sized companies. It manages an AUM of ₹22,664.67 crore with an expense ratio of 0.54%. Over the past 3 years, this fund has displayed a growth rate of 24.15% CAGR. The fund welcomes investments starting at ₹100.

Axis Nifty 100 Index Fund

Axis Nifty 100 Index Fund operates as an Index Fund, mirroring the Nifty 100 index. It manages assets worth ₹958.99 crore and boasts a low expense ratio of 0.15%. Over a 3-year period, it has yielded a respectable 20.08% CAGR. The minimum investment to participate in this fund is ₹100.

Axis Flexi Cap Fund

Axis Flexi Cap Fund operates as a Flexi Cap Fund, offering flexibility in asset allocation. With an AUM of ₹11,060.36 crore, it maintains an expense ratio of 0.72%. Over the past 3 years, this fund has provided a 17.76% CAGR. The minimum investment required to enter this fund is ₹100.

Axis ESG Equity Fund

Axis ESG Equity Fund falls under the Thematic Fund category, focusing on Environmental, Social, and Governance (ESG) factors. It manages an AUM of ₹1,409.64 crore with an expense ratio of 1.19%. Over a 3-year period, it has achieved a 16.86% CAGR. The minimum investment to participate in this fund is ₹100.

Axis Long Term Equity Fund

Axis Long Term Equity Fund operates as an Equity Linked Savings Scheme (ELSS), offering tax benefits. The fund manages assets totalling ₹31,411.08 crore with an expense ratio of 0.78%. Over the past 3 years, it has delivered a 16.23% CAGR. The minimum investment required to start investing in this fund is ₹500.

Axis Bluechip Fund

Axis Bluechip Fund is categorised as a Large Cap Fund, primarily investing in large-cap companies. With an AUM of ₹32,153.4 crore, it maintains an expense ratio of 0.63%. Over a 3-year period, this fund has provided a 15.57% CAGR. The minimum investment to participate in this fund is ₹100.

Axis Children’s Gift Fund

Axis Children’s Gift Fund is a Solution-oriented – Children’s Fund designed to meet children’s financial needs. It manages an AUM of ₹751.25 crore with an expense ratio of 0.95%. Over the past 3 years, this fund has demonstrated a 15.4% CAGR. The minimum investment to participate in this fund is ₹100.

Axis Equity Hybrid Fund

Axis Equity Hybrid Fund operates as an Aggressive Hybrid Fund, offering a blend of equity and debt investments. With an AUM of ₹1,692.4 crore, it maintains an expense ratio of 0.91%. Over the past 3 years, this fund has achieved a 15.36% CAGR. The minimum investment required to enter this fund is ₹500.

Mutual Funds Calculator

Axis Mutual Fund 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. 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 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.

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 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.

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 ₹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?

  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