Axis Mutual Fund – Review, Fund managers, Investment Process, KYC, Fees & more
The Axis Mutual Fund AMC helps the individual to plan their investments. This is achieved by taking the essential information and expectation of the individual before suggesting the Mutual Fund scheme to them.
Axis gives the customers the opportunity to explore various mutual fund schemes and select the one that suits their situations and needs best.
The organization is focused on providing customer-centric mutual fund services and strongly follows the core values of keeping the investor at the heart of decision making.
About Axis Mutual Fund
In October 2009, the first scheme of The Axis Mutual Fund was launched. From the launch till the present time, there has been strong and continuous growth in Axis Mutual Fund.
The focus of the mutual fund has always been long term wealth creation, customer view, and long term relationship.
There have been a lot of investors who have joined the Axis Mutual Fund and became part of the growing family of investors.
The vision of the organization is to help the investors feel secure and confident by managing their money and risks responsibly. They focus on creating a brighter and prosperous future for the people who have joined them.
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Why Invest in Axis AMC?
People can invest in Axis AMC as the organization is focused on creating a long-term relationship with its customer rather than just being transactional.
There are three pillars of the organization and based on these three pillars the business is built.
- The first pillar is an outside-in view which means that the organization takes actions based on the customer’s point of view and their convenience.
- The second pillar is the involvement of the investor in every single decision and the third pillar is that the customers can communicate in their language instead of the organizations.
- When it comes to investment, the organization encourages the customers to build a long-term perspective of the mutual fund.
How to Invest with Axis Mutual Funds?
In order to invest with Axis Mutual Funds or any fund for that matter, you should have a demat account. Further, you can take the help of a fund house or distributor to invest in the same.
Here is a step by step procedure as to how to open a demat account.
- The first step would be to choose the Depository Participant.
- The second step would be the submission of Demat account opening form available with your respective Bank.
- Third step would be the completion of the KYC process and this is mandatory. All requested documents must be provided.
- The fourth step would be to go through the verification process pending after the KYC.
- The fifth step would be to sign the agreement copy.
- Final step would be the person receiving BO ID number.
Axis AMC – Fund Managers
The fund managers of the Axis AMC are Mr. Jignesh Gopani, Mr. Anupam Tiwari, and many more.
Mr. Jignesh has been the fund manager for Axis since the year 2011. He manages a few of the funds currently.
The list includes Axis Focused 25 Fund, Axis Long Term Equity Fund, and Axis Growth Opportunities Fund. Mr. Anupam has been the fund manager since the year 2016.
Some of the funds that he manages as of now would include Axis Dynamic Equity Fund, Axis Small Cap Fund, and Axis Equity Saver Fund.
The fund managers at Axis has years of experience in managing equity funds.
Axis Mutual Fund – Key Personnel’s
The trustees of the Axis Mutual Fund are Dr. T. C. Nair, Mr. Uday M. Chitale, Mr. Radhakrishnan Nair, Mr. Murray Alan Coble, Mr. Kedar Desai, and Mr. Bapi Munshi.
The CEO is Mr. Chandresh Kumar Nigam whereas the COO is Mr. Gopal Menon. The head of the equity is Mr. Jignesh Gopani.
How to do KYC Check for Axis Mutual Fund?
Axis Mutual Fund offers three ways of KYC Check. These three ways are Physical KYC, e-KYC – Aadhar based OTP, and e-KYC – Aadhar based biometric.
Step 1: In Physical KYC, you will be downloading the KYC form, filling it, and then submitting the same to the fund house’s office.
The original supporting documents will also be mandatory at the time of form submission.
Step 2: In e-KYC – Aadhar based OTP, the aadhar number is mandatory, the PAN is inclusive and you should also submit other details such as mobile number upon request.
The KYC is simply complete once the one-time-password comes to the mobile number.
Step 3: In e-KYC – Aadhar based biometric, the aadhar number is mandatory. You might also visit the nearby branch where the fingerprint scanner connects the data to the aadhar database.
If they find a match, then the KYC process is complete and no further procedure is mandatory.
Documents Required to Invest in Axis AMC
In order to invest in AXIS AMC, certain documents are mandatory. These documents are self-certified copies of proof of identity and address.
- Voter ID
- Driving license
- NREGA job card
- Any other document that is notified by the central government can be submitted for proof of identity.
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Axis Mutual Fund Fees or Charges
|Fund||Minimum Investment (Rs)||Entry Load (in % p.a.)||Exit Load (in % p.a.)||Fund Manager|
|Axis All Seasons Debt Fund of Funds – Growth – Direct Plan||5000||N.A||1||R. Sivakumar|
|Axis Arbitrage Fund – Growth – Direct Plan||5000||N.A||0.5||Viresh Joshi|
|Axis Banking & PSU Debt Fund – Growth – Direct Plan||5000||N.A||0.25||Aditya Pagaria|
|Axis Bluechip Fund – Growth – Direct Plan||5000||N.A||3||Shreyash Devalkar|
|Axis Children’s Gift Fund – Compulsory Lock-in – Growth – Direct Plan||5000||N.A||N.A||Ashish Naik|
|Axis Children’s Gift Fund – No Lock-in – Growth – Direct Plan||5000||N.A||3||Ashish Naik|
|Axis Corporate Debt Fund – Growth – Direct Plan||5000||N.A||0.5||Devang Shah|
|Axis Credit Risk Fund – Growth – Direct Plan||5000||N.A||1.5||Devang Shah|
|Axis Dynamic Bond Fund – Growth – Direct Plan||5000||N.A||1||R. Sivakumar|
|Axis Equity Hybrid Fund – Growth – Direct Plan||5000||N.A||1||Ashish Naik|
Details on Axis Mutual Funds Fees
The mutual fund fees or charge depends on the scheme type.
For the equity and balances funds type, it is 0.95% to 1.85%. For the ELSS and retirement funds, it is 1.15% to 1.85%.
Also, for conservative hybrid funds, it is 0.90% to 1.65%. For FOF(equity), it is 0.70% to 1.05%. Also, for income and bond funds, it is 0.20% to 1.00%, and for gift funds, it is 0.50% to 0.90%.
Besides, for low duration short term funds, it is 0.15% to 0.80%.
For the ultra short term, overnight and liquid, it is 0.03% to 0.89%. For an arbitrage fund, it is 0.40% to 0.85%, and for the Index fund, it is 0.02% to 0.76%.
Best Performing Axis Mutual Fund
|Fund Name||Category||Risk||1Y Returns|
|Axis Bluechip Fund||Equity||Moderately High||16.20%|
|Axis Midcap Fund||Equity||Moderately High||24.70%|
|Axis Multicap Fund||Equity||Moderately High||16.00%|
|Axis Focused 25 Fund||Equity||Moderately High||18.40%|
|Axis Small Cap Fund||Equity||Moderately High||24.70%|
|Axis Banking & PSU Debt Fund||DEBT||Moderately Low||9.90%|
|Axis Short Term Fund||DEBT||Moderately Low||10.90%|
|Axis Long Term Equity Fund||Equity||Moderately High||18.10%|
|Axis Dynamic Bond Fund||Debt||Moderate||13.60%|
|Axis Gilt Fund||Debt||Moderate||14.10%|
Details on Best Axis Mutual Fund Schemes
There are many best performing Axis Mutual Funds. Some of these are Axis Bluechip Fund, Axis Midcap Fund, Axis Multicap Fund, Axis Focused 25 Fund, Axis Small Cap Fund, Axis Banking, and PSU Debt Fund, Axis Short Term Fund, Axis Long Term Equity Fund, and Axis Dynamic Bond Fund.
The Axis Bluechip Fund has a lower expense ratio that is 0.52% and the Axis Midcap Fund has a lower expense ratio that is 0.58%. The Axis Multicap Fund has a lower expense ratio that is 0.56%.
Also, the Axis Focused 25 Fund has one year return higher than the average returns. The Axis Small Cap Fund has a lower expense ratio that is 0.23%.
The Axis Banking and PSU Debt Fund have a lower expense ratio that is 0.31%. Besides, the Axis Short Term Fund has a lower expense ratio that is 0.3%.
The Axis Long Term Equity Fund has zero exit load. The Axis Dynamic Bond Fund has a lower expense ratio that is 0.35%.
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Top 10 Axis AMC Funds
|Fund||1-Year Return||3-Year Return||5-Year Return|
|Axis All Seasons Debt Fund of Funds – Growth – Direct Plan||N.A||NA||N.A|
|Axis Arbitrage Fund – Growth – Direct Plan||3.91||16.97||31.88|
|Axis Banking & PSU Debt Fund – Growth – Direct Plan||9.28||30.4||51.72|
|Axis Bluechip Fund – Growth – Direct Plan||13.83||48.62||94.08|
|Axis Capital Builder Fund – Series 1 – Growth – Direct Plan||16.39||N.A||N.A|
|Axis Capital Builder Fund – Series 4 – Growth – Direct Plan||12.07||N.A||N.A|
|Axis Children’s Gift Fund – Compulsory Lock-in – Growth – Direct Plan||11.64||29.84||N.A|
|Axis Children’s Gift Fund – No Lock-in – Growth – Direct Plan||11.64||29.84||N.A|
|Axis Corporate Debt Fund – Growth – Direct Plan||11.23||27.54||N.A|
|Axis Credit Risk Fund – Growth – Direct Plan||7.98||18.97||39.79|
Details of Top 10 Axis AMC Funds
The top 10 Axis Funds are as follows. The Axis All Seasons Debt Fund of Funds – Growth – Direct Plan generates optimal returns by investing in debt oriented mutual fund schemes.
Also, the Axis Arbitrage Fund – Growth – Direct Plan was launched on 14th August 2014 and since then the return is 6.96%.
The Axis Banking & PSU Debt Fund – Growth – Direct Plan was launched on 1st January 2013 and since then the return is 8.98%.
The Axis Bluechip Fund-Growth – Direct Plan has a return of 14.49% since launch. Now, the Axis Capital Builder Fund – Series 1 – Growth – Direct Plan generates income and long-term appreciation by investing in a diversified portfolio.
The Axis Capital Builder Fund – Series 4 – Growth – Direct Plan invests in a diversified portfolio of equity and equity-related instruments.
Also, the Axis Children’s Gift Fund – Compulsory Lock-in – Growth – Direct Plan generates income by investing in debt and money market instruments. T
he Axis Children’s Gift Fund – No Lock-in – Growth – Direct Plan is a solution-oriented mutual fund scheme. Also, the Axis Corporate Debt Fund – Growth – Direct Plan is rated moderate risk scheme.
The Axis Credit Risk Fund – Growth – Direct Plan was made available to the investors on 15th July 2014.
Best Axis Mutual Fund Portfolio
|Fund||Market Value||Net Assst||Rating|
|Axis Dynamic Bond Fund – Growth – Direct Plan||707.78||5864||AAA|
|Axis Liquid Fund – Growth – Direct Plan||2510.63||29433||AAA|
|Axis Regular Saver Fund – Growth – Direct Plan||5989.8||47930.54||AAA|
|Axis Short Term Fund – Growth – Direct Plan||3528.3||31013||AAA|
|Axis Treasury Advantage Fund – Growth – Direct Plan||12616.41||334654.86||AAA|
|Axis Triple Advantage Fund – Growth – Direct Plan||4000.74||51948.86||AAA|
Several Axis Mutual Fund portfolios are available with different elemental values. Axis Dynamic Bond Fund- Growth – Direct plan is one of them.
It also has a market value of 707.78 Crore with a net asset of 5864 crores. Besides, it even has a rating of AAA.
Axis liquid Fund-Growth – Direct Plan offers a better market value of 2510.63 Crores with a net asset of 29433 Crores. The rating here is also AAA.
An even better market rate of 5989.8 Crores comes with the Axis Liquid Fund- Growth -Direct Plan with a net asset of 47930.54 Crores. The rating is AAA.
Axis Short Term find Growth – Direct Plan offers funds at the market value of 3528.3 Crores with net asset 31013 Crores and rating AAA.
The best market value lies with the Axis Treasury advantage fund at 12616.41 Crores and net asset of 334654.86 Crores.
Axis Triple Advantage Fund – Growth – Direct Plan also offers funds at a market value of 4000.74 Crores with net assets of 51948.86 Crores. The rating for these funds is AAA.
Axis Mutual Fund Schemes NAV
|Fund||52 Week High||52 Week Low|
|Axis All Seasons Debt Fund of Funds – Growth – Direct Plan||10.91||9.92|
|Axis Arbitrage Fund – Growth – Direct Plan||15.24||14.55|
|Axis Banking & PSU Debt Fund – Growth – Direct Plan||2083.69||1881.93|
|Axis Banking & PSU Debt Fund – Growth – Direct Plan||2083.69||1881.93|
|Axis Bluechip Fund – Growth – Direct Plan||39.72||25.54|
|Axis Capital Builder Fund – Series 1 – Growth – Direct Plan||13.03||8.08|
|Axis Capital Builder Fund – Series 4 – Growth – Direct Plan||13.21||7.93|
|Axis Children’s Gift Fund – Compulsory Lock-in – Growth – Direct Plan||17.31||11.55|
|Axis Children’s Gift Fund – No Lock-in – Growth – Direct Plan||17.49||11.66|
|Axis Corporate Debt Fund – Growth – Direct Plan||13.46||11.94|
Details of Axis Mutual Fund NAV
Axis All Seasons Debt Fund of Funds -Growth – Direct Plan has a 52 week high at Rs. 10.91 and 52 weeks low at Rs. 9.92. Axis Arbitrage Fund- Growth – Direct Plan has a 52 week high at Rs. 15.23 and low at Rs. 14.55.
The 52 weeks high for Axis Banking & PSU Debt Fund- Growth- Direct Plan is at Rs 2083.69 and the low at 1881.93. For Axis Bluechip Fund-Growth- Direct Plan, the high is at Rs. 39.72 and low at Rs. 25.54.
The 52 weeks high and low for Axis Capital Builder Fund-Series 1-growth- Direct Plan respectively is Rs.13.03 and Rs. 8.08. Series 4 of this plan has a high at 13.21 and a low at 7.93.
Axis Children’s Gift Fund-Compulsory Lock-in- growth – Direct Plan has a 52 week high at Rs. 17.31 and low at Rs.11.55 while the No Lock-In counterpart of the plan has a high at Rs. 17.49 and the low at Rs.11.66.
The Axis Corporate Debt Fund- Growth- Direct Plan has a 52 week high at Rs. 13.46 and low at Rs. 11.94.
Axis AMC Customer Care Details
|Address of AMC||Axis House, 1st Floor, C-2, Wadia International Centre, Pandurang Budhkar Marg, Worli, Mumbai – 400 025|
The Axis AMC Customer Care can be contacted easily by dialing 022-43255161.
The services are available 24*7 and the customer can contact them whenever they are interested in any Mutual Fund Plan of Axis.
Axis Mutual Fund – Important Links
|Axis Mutual Fund Login||https://www.axismf.com/Online/login/NewInvestorLogin|
|Axis Mutual Fund App||https://play.google.com/store/apps/details?id=com.axismf.investorapp|
Axis Mutual Fund AMC – Conclusion
The organization is a trustworthy organization to plan investments. The investments can be planned based on the needs of the individuals.
Every customer has different reasons for investing so the plans that they select differ.
The amount of time when the individual would need the money is also mentioned in the very beginning so that accordingly mutual fund plans can be suggested.
The individual gets the option of selecting the expected rate of return it must be observed that the risks depend on the expected rate of return.
When the expected rate of return tend to be high then the risk are also high and vice versa is true as well.
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