The below table shows a list Of the Best Axis Mutual Funds based on AUM, NAV and minimum SIP.
| Name | AUM (Cr) | NAV (Rs) | Minimum SIP (Rs) |
| Axis ELSS Tax Saver Fund | 38,422.94 | 112.33 | 500 |
| Axis Bluechip Fund | 35,013.27 | 71.82 | 100 |
| Axis Midcap Fund | 31,321.58 | 134.72 | 100 |
| Axis Liquid Fund | 28,808.10 | 2,782.36 | 1,000 |
| Axis Small Cap Fund | 23,399.15 | 126.49 | 100 |
| Axis Money Market Fund | 15,583.07 | 1,362.63 | 100 |
| Axis Growth Opp Fund | 14,161.13 | 36.64 | 100 |
| Axis Focused Fund | 14,074.71 | 65.57 | 1,000 |
| Axis Banking & PSU Debt Fund | 13,282.68 | 2,555.50 | 100 |
| Axis Flexi Cap Fund | 13,031.39 | 30.15 | 1,000 |
Content:
- Introduction To Axis Mutual Fund
- What is Axis Mutual Fund?
- Axis Mutual Fund AMC Details
- Axis Mutual Fund History
- Axis Mutual Fund Managers
- Axis Mutual Fund Portfolio
- Types of Mutual Funds Offered in Axis Mutual Fund
- Best Axis Mutual Fund Based On Expense Ratio
- Top performing Axis Mutual Fund To Invest In Based On 3Y CAGR
- Axis Mutual Fund List Based On Exit Load
- Axis Mutual Fund Returns
- Factors To Consider When Investing In Axis Mutual Fund
- Features Of The Axis Mutual Fund
- Benefits Of Axis Mutual Fund
- Risks Of Investing In Top performing Axis Mutual Fund
- How To Invest In Axis Mutual Fund?
- Documents Required To Invest in Axis Mutual Fund
- Axis Mutual Fund NAV
- Taxation On Axis Mutual Fund
- Future of Axis Mutual Fund
- Top 10 Axis Mutual Funds to Invest In India
- FAQs – Axis Mutual Fund
Introduction To Axis Mutual Fund
Axis ELSS Tax Saver Fund
Axis ELSS Tax Saver Direct Plan-Growth is an ELSS mutual fund scheme from Axis Mutual Fund. This fund has been in existence for 11 years and 9 months, having been launched on 01/01/2013.
Axis ELSS Tax Saver Direct Plan-Growth as a tax saver fund, manages assets valued at ₹38,422.94 crore. Over the past 5 years, it has achieved a Compound Annual Growth Rate (CAGR) of 17.4%. This fund has no exit load and an expense ratio of 0.78%. According to SEBI, it falls under the Very High-risk category. The fund’s asset allocation comprises Equity of 97.77%, Debt at 0.74% and Other at 1.48%.
Axis Bluechip Fund
Axis Bluechip Fund Direct Plan-Growth is a Large-cap mutual fund scheme from Axis Mutual Fund. This fund has been in existence for 11 years and 9 months, having been launched on 01/01/2013.
Axis Bluechip Fund Direct Plan-Growth as a bluechip fund, manages assets valued at ₹35,013.27 crore. Over the past 5 years, it has achieved a Compound Annual Growth Rate (CAGR) of 16.5%. This fund has an exit load of 1% and an expense ratio of 0.67%. According to SEBI, it falls under the Very High-risk category. The fund’s asset allocation comprises Equity at 97.05%, Debt at 2.52% and Other at 0.42%.
Axis Midcap Fund
Axis Nifty Midcap 50 Index Fund Direct-Growth is a Mid Cap Index mutual fund scheme from Axis Mutual Fund. This fund has been in existence for 2 years and 6 months, having been launched on 10/03/2022.
Axis Nifty Midcap 50 Index Fund as an index fund, manages assets valued at ₹31,321.58 crore. Over the past 5 years, it has achieved a Compound Annual Growth Rate (CAGR) of 27.15%. This fund has an exit load of 1% and an expense ratio of 0.53%. According to SEBI, it falls under the Very High-risk category. The fund’s asset allocation comprises Equity at 100.01%, Debt at 0.28% and Other at (-)0.3%.
Axis Liquid Fund
Axis Liquid Direct Fund-Growth is a Liquid mutual fund scheme from Axis Mutual Fund. This fund has been in existence for 11 years and 9 months, having been launched on 01/01/2013.
Axis Liquid Direct Fund-Growth as a liquid fund, manages assets valued at ₹28,808.10 crore. Over the past 5 years, it has achieved a Compound Annual Growth Rate (CAGR) of 5.36%. This fund has an exit load of 0.01% and an expense ratio of 0.15%. According to SEBI, it falls under the Very High-risk category. The fund’s asset allocation comprises No Equity, Debt at 99.9% and Other at 0.1%.
Axis Small Cap Fund
Axis Small Cap Fund Direct-Growth is a Small Cap mutual fund scheme from Axis Mutual Fund. This fund has been in existence for 10 years and 10 months, having been launched on 11/11/2013.
Axis Small Cap Fund Direct-Growth as a small cap fund, manages assets valued at ₹23,399.15 crore. Over the past 5 years, it has achieved a Compound Annual Growth Rate (CAGR) of 31.59%. This fund has an exit load of 1% and an expense ratio of 0.54%. According to SEBI, it falls under the Very High-risk category. The fund’s asset allocation comprises Equity at 91.85%, Debt at 6.89% and Other at 1.25%.
Axis Money Market Fund
Axis Money Market Fund Direct-Growth is a Money Market mutual fund scheme from Axis Mutual Fund. This fund has been in existence for 5 years and 2 months, having been launched on 26/07/2019.
Axis Money Market Fund as a money market fund, manages assets valued at ₹15,583.07 crore. Over the past 5 years, it has achieved a Compound Annual Growth Rate (CAGR) of 6.1%. This fund has no exit load and an expense ratio of 0.16%. According to SEBI, it falls under the low to moderate-risk category. The fund’s asset allocation comprises No Equity, Debt at 100.1% and Other at (-)0.1%.
Axis Growth Opp Fund
Axis Growth Opportunities Fund Direct-Growth is a Large & MidCap mutual fund scheme from Axis Mutual Fund. This fund has been in existence for 6 years, having been launched on 01/10/2018.
Axis Growth Opportunities Fund as a growth opportunities fund, manages assets valued at ₹14,161.13 crore. Over the past 5 years, it has achieved a Compound Annual Growth Rate (CAGR) of 26.44%. This fund has an exit load of 1% and an expense ratio of 0.58%. According to SEBI, it falls under the Very High-risk category. The fund’s asset allocation comprises Equity at 99.53%, Debt at 0.18% and Other at 0.29%.
Axis Focused Fund
Axis Focused Direct Plan-Growth is a Focused mutual fund scheme from Axis Mutual Fund. This fund has been in existence for 11 years and 9 months, having been launched on 01/01/2013.
Axis Focused Direct Plan-Growth as a focused fund, manages assets valued at ₹14,074.71 crore. Over the past 5 years, it has achieved a Compound Annual Growth Rate (CAGR) of 15.62%. This fund has an exit load of 1% and an expense ratio of 0.81%. According to SEBI, it falls under the Very High-risk category. The fund’s asset allocation comprises Equity at 94.58%, Debt at 5.58% and Other at (-)0.18%.
Axis Banking & PSU Debt Fund
Axis Banking & PSU Debt Direct Plan-Growth is a Banking and PSU mutual fund scheme from Axis Mutual Fund. This fund has been in existence for 11 years and 9 months, having been launched on 01/01/2013.
Axis Banking & PSU Debt Direct Plan-Growth as a debt fund, manages assets valued at ₹13,282.68 crore. Over the past 5 years, it has achieved a Compound Annual Growth Rate (CAGR) of 6.57%. This fund has no exit load and an expense ratio of 0.35%. According to SEBI, it falls under the moderate-risk category. The fund’s asset allocation comprises No Equity, Debt at 97.49% and Other at 2.51%.
Axis Flexi Cap Fund
Axis Flexi Cap Fund Direct-Growth is a Flexi Cap mutual fund scheme from Axis Mutual Fund. This fund has been in existence for 6 years and 11 m, having been launched on 30/10/2017.
Axis Flexi Cap Fund Direct-Growth as a flexi cap fund, manages assets valued at ₹13,031.39 crore. Over the past 5 years, it has achieved a Compound Annual Growth Rate (CAGR) of 18.84%. This fund has an exit load of 1% and an expense ratio of 0.71%. According to SEBI, it falls under the Very High-risk category. The fund’s asset allocation comprises Equity at 94.8%, Debt at 5.42% and Other at (-)0.91%.
What is Axis Mutual Fund?
Axis Mutual Fund is a prominent asset management company (AMC) in India, launched in 2009. It offers a wide range of mutual fund schemes across equity, debt and hybrid categories to cater to diverse investment goals and risk profiles.
The AMC is a subsidiary of Axis Bank, one of India’s leading private-sector banks. Axis Mutual Fund emphasizes customer-centric solutions, with a focus on long-term wealth creation through disciplined investment approaches and expert fund management.
Its offerings include popular funds like Axis Bluechip Fund and Axis Long Term Equity Fund. With a growing investor base, Axis Mutual Fund is recognized for its consistent performance and transparent operations.
Axis Mutual Fund AMC Details
Axis Mutual Fund is a leading asset management company in India, established as a trust under the Indian Trusts Act, of 1882 and sponsored by Axis Bank. The AMC emphasizes customer-centric investment solutions, offering a variety of equity, debt and hybrid funds.
The fund house focuses on delivering long-term wealth creation opportunities by providing well-researched, innovative products across diverse market conditions. Its investment philosophy revolves around a disciplined approach with robust risk management strategies to help investors achieve their financial goals.
Axis Mutual Fund operates under a transparent and ethical framework, ensuring trust, performance and customer satisfaction.
Axis Mutual Fund History
Axis Mutual Fund was established in 2009, marking its entry into the Indian asset management industry. It was launched as a trust under the Indian Trusts Act, of 1882, with Axis Bank as the sponsor, aiming to provide diverse investment solutions.
Since its inception, Axis Mutual Fund has grown significantly, gaining recognition for its disciplined investment strategies and customer-centric approach. Over the years, it has introduced various equity, debt and hybrid funds to cater to different investor needs and risk appetites.
With a commitment to long-term wealth creation, Axis Mutual Fund has maintained a consistent track record, building trust and credibility in the Indian mutual fund market through its transparent operations and ethical practices.
Axis Mutual Fund Managers
Axis Mutual Fund has a team of experienced fund managers who bring expertise in managing equity, debt and hybrid funds. These professionals follow a disciplined and research-driven approach to identify investment opportunities that align with the fund’s objectives.
Each manager specializes in specific sectors and asset classes, ensuring a balanced portfolio and effective risk management. Their strategies are aimed at maximizing returns while maintaining the investors’ risk tolerance, focusing on long-term wealth creation.
The fund managers consistently evaluate market trends, economic data and company fundamentals to make informed decisions that drive the performance of Axis Mutual Fund’s various schemes.
Axis Mutual Fund Portfolio
Axis Mutual Fund offers a diverse portfolio across equity, debt and hybrid schemes. Their equity funds, like Axis Bluechip Fund, focus on long-term capital growth, while debt funds, such as Axis Short Term Fund, provide stable income with lower risk.
The portfolio is structured to meet varying risk profiles and investment horizons, ranging from aggressive growth funds to conservative fixed-income options. Hybrid funds combine equity and debt components to provide balanced returns with controlled risk.
With strong research and risk management, Axis Mutual Fund’s portfolio caters to both retail and institutional investors.
Types of Mutual Funds Offered in Axis Mutual Fund
Axis Mutual Fund offers various types of mutual funds, including:
- Equity Funds: 15 funds focusing on long-term capital appreciation through stock investments.
- Debt Funds: 15 funds aimed at generating stable income from fixed-income securities.
- Hybrid Funds: 6 funds offering a mix of equity and debt for balanced returns.
- Index Funds: 16 funds tracking specific market indices for passive investing.
- ETFs: 9 exchange-traded funds for cost-effective diversification.
- Solution-Oriented Funds: 4 funds targeting specific financial goals.
- Fund of Funds (FoF): 5 domestic and 5 overseas funds investing in other mutual funds.
Best Axis Mutual Fund Based On Expense Ratio
The table below shows the Axis Mutual Funds Based on the highest to lowest expense ratio.
| Name | Expense Ratio (%) | Minimum SIP (Rs) |
| Axis Innovation Fund | 1.3 | 100 |
| Axis Children’s Fund-Compulsory Lock-in | 1.28 | 100 |
| Axis Children’s Fund-No Lock-in | 1.28 | 100 |
| Axis ESG Integration Strategy Fund | 1.26 | 100 |
| Axis Retirement Fund-Dynamic Plan | 1.11 | 1,000 |
| Axis Multi Asset Allocation Fund | 1.07 | 100 |
| Axis Aggressive Hybrid Fund | 1.05 | 100 |
| Axis Equity Savings Fund | 1.03 | 100 |
| Axis Conservative Hybrid Fund | 0.87 | 100 |
| Axis Retirement Fund-Aggressive Plan | 0.86 | 100 |
Top performing Axis Mutual Fund To Invest In Based On 3Y CAGR
The table below shows the Top performing Axis Mutual Funds Based on the Highest 3Y CAGR.
| Name | CAGR 3Y (%) | Minimum SIP (Rs) |
| Axis Small Cap Fund | 25.06 | 126.49 |
| Axis Midcap Fund | 20.81 | 134.72 |
| Axis Quant Fund | 19.48 | 18.66 |
| Axis Growth Opp Fund | 19.1 | 36.64 |
| Axis Gold Fund | 16.65 | 24.39 |
| Axis Nifty 100 Index Fund | 15.82 | 23.69 |
| Axis Innovation Fund | 15.67 | 20.32 |
| Axis Retirement Fund-Dynamic Plan | 15.23 | 22.26 |
| Axis Balanced Advantage Fund | 14.94 | 23.02 |
| Axis Flexi Cap Fund | 14.09 | 30.15 |
Axis Mutual Fund List Based On Exit Load
The table below shows the Best Axis Mutual funds Based on Exit Load, i.e., the fee that the AMC charges investors when they exit or redeem their fund units.
| Name | AMC | Exit Load (%) |
| Axis Children’s Fund-No Lock-in | Axis Asset Management Company Ltd. | 3 |
| Axis Business Cycles Fund | Axis Asset Management Company Ltd. | 1 |
| Axis Multicap Fund | Axis Asset Management Company Ltd. | 1 |
| Axis India Manufacturing Fund | Axis Asset Management Company Ltd. | 1 |
| Axis NASDAQ 100 FoF | Axis Asset Management Company Ltd. | 1 |
| Axis Equity ETFs FoF | Axis Asset Management Company Ltd. | 1 |
| Axis Small Cap Fund | Axis Asset Management Company Ltd. | 1 |
| Axis Midcap Fund | Axis Asset Management Company Ltd. | 1 |
| Axis Quant Fund | Axis Asset Management Company Ltd. | 1 |
| Axis Growth Opp Fund | Axis Asset Management Company Ltd. | 1 |
Axis Mutual Fund Returns
The table below shows the best Axis Mutual Fund Returns Based on 1Y return
| Name | Absolute Returns – 1Y (%) | Minimum SIP (Rs) |
| Axis Nifty Next 50 Index Fund | 71.52 | 100 |
| Axis Multicap Fund | 58.47 | 100 |
| Axis Nifty Smallcap 50 Index Fund | 56.74 | 100 |
| Axis Midcap Fund | 50.26 | 100 |
| Axis Innovation Fund | 46.82 | 100 |
| Axis Growth Opp Fund | 45.92 | 100 |
| Axis Nifty Midcap 50 Index Fund | 45.92 | 100 |
| Axis Retirement Fund-Dynamic Plan | 45.21 | 1,000 |
| Axis Small Cap Fund | 44.2 | 100 |
| Axis Business Cycles Fund | 44.04 | 100 |
Factors To Consider When Investing In Axis Mutual Fund
The main factors to consider when investing in Axis Mutual Fund include risk tolerance, investment goals, expense ratios and past performance. Evaluating these aspects can help investors make informed decisions aligned with their financial objectives and comfort levels.
- Risk Tolerance: Assess your willingness to take on risk before investing. Equity funds generally have higher potential returns but also greater volatility, while debt funds offer more stability. Understanding your risk appetite helps in selecting appropriate funds.
- Investment Goals: Define your financial objectives, whether for short-term gains, long-term growth, or retirement planning. Different fund types serve various purposes, so aligning your investment strategy with your goals is crucial for success.
- Expense Ratios: Consider the expense ratios of mutual funds, as lower fees can significantly impact overall returns. Understanding the costs associated with fund management ensures you choose funds that provide good value relative to their performance.
- Past Performance: Review the historical performance of the mutual funds you’re interested in. While past performance is not indicative of future results, consistent returns can signal effective fund management and a strong investment strategy.
Features Of The Axis Mutual Fund
The main features of Axis Mutual Fund include a wide range of investment options, professional fund management, strong risk management strategies and a commitment to transparency. These attributes contribute to the fund’s reputation and effectiveness in meeting investor needs.
- Diverse Investment Options: Axis Mutual Fund offers various schemes, including equity, debt, hybrid, index funds and ETFs, catering to different risk profiles and investment goals, allowing investors to create a well-rounded portfolio tailored to their needs.
- Professional Fund Management: The fund management team consists of experienced professionals who employ rigorous research and analysis to make informed investment decisions. This expertise helps in optimizing portfolio performance and achieving the desired returns for investors.
- Strong Risk Management: Axis Mutual Fund incorporates robust risk management practices to minimize potential losses and navigate market volatility. These strategies focus on asset allocation, diversification and continuous monitoring to safeguard investors’ interests.
- Commitment to Transparency: Axis Mutual Fund prioritizes transparency in its operations, providing clear communication regarding fund performance, fees and investment strategies. This openness fosters trust and confidence among investors, ensuring they are well-informed about their investments.
Benefits Of Axis Mutual Fund
The main benefits of investing in Axis Mutual Fund include the potential for high returns, professional management, tax benefits and liquidity. These advantages make it an attractive option for both new and seasoned investors looking to grow their wealth.
- Potential for High Returns: Axis Mutual Fund offers a range of equity and hybrid funds that can yield significant returns over the long term. This growth potential appeals to investors aiming to maximize their wealth through market participation.
- Professional Management: Investors benefit from the expertise of experienced fund managers who analyze market trends and company fundamentals. This professional oversight helps in making informed investment decisions and optimizing returns while managing risks effectively.
- Tax Benefits: Certain Axis Mutual Fund schemes, particularly ELSS (Equity Linked Savings Schemes), provide tax deductions under Section 80C of the Income Tax Act. This feature can enhance overall returns by reducing the tax burden on investors.
- Liquidity: Axis Mutual Fund offers high liquidity, allowing investors to redeem their units easily. This feature provides flexibility and access to funds when needed, making it convenient for investors who may require quick access to their investments.
Risks Of Investing In Top performing Axis Mutual Fund
The main risks of investing in Axis Mutual Fund include market risk, credit risk, liquidity risk and operational risk. Understanding these risks is essential for investors to make informed decisions and manage their investment strategies effectively.
- Market Risk: Fluctuations in the stock market can significantly impact equity funds, leading to potential losses. Economic changes, political instability and market sentiment can cause volatility, affecting overall fund performance.
- Credit Risk: This risk arises from the possibility of default by issuers of debt securities in which the fund invests. Poor credit quality can lead to losses, particularly in debt-oriented funds.
- Liquidity Risk: Although mutual funds generally offer liquidity, certain market conditions may affect the ability to quickly sell assets at desired prices. This can be particularly relevant during market downturns or when investing in less liquid securities.
- Operational Risk: This includes risks related to fund management operations, such as system failures, fraud, or compliance issues. Operational inefficiencies can hinder fund performance and affect investor returns.
How To Invest In Axis Mutual Fund?
To invest in Axis Mutual Fund, start by researching and selecting a fund that matches your financial goals and risk tolerance. Understanding different types of funds, such as equity, debt and hybrid, will help you make informed choices.
Next, choose a brokerage platform like Alice Blue for a seamless investment experience. Alice Blue allows you to create an account easily and provides various tools to track your investments and performance, making it user-friendly for both new and experienced investors.
Once your account is set up, complete the KYC (Know Your Customer) process, then fund your account. You can invest through a lump sum or opt for a Systematic Investment Plan (SIP) for regular contributions to your chosen Axis Mutual Fund scheme.
Documents Required To Invest in Axis Mutual Fund
To invest in Axis Mutual Fund, you need to provide specific documents to complete the KYC (Know Your Customer) process. The primary document required is a government-issued identity proof, such as an Aadhaar card, passport, or voter ID, to verify your identity.
Additionally, you must submit address proof documents, which can include utility bills, bank statements, or rental agreements. These documents should display your name and current address to ensure compliance with regulatory requirements.
Finally, you’ll need to provide a recent passport-sized photograph and, in some cases, your bank account details to link your investment account. This documentation process ensures the safety and security of all investors.
Axis Mutual Fund NAV
The Net Asset Value (NAV) of Axis Mutual Fund represents the per-unit market value of a fund’s assets after deducting liabilities. It is calculated daily and reflects the total value of all investments held in the fund divided by the number of outstanding units.
NAV is essential for investors as it determines the buying and selling price of mutual fund units. When investing or redeeming, the transaction is based on the NAV at the end of the trading day, ensuring transparency and fair valuation for all investors.
Taxation On Axis Mutual Fund
Taxation on Axis Mutual Fund varies based on the type of fund and the holding period. For equity funds, long-term capital gains (LTCG) are taxed at 10% for gains exceeding ₹1 lakh, while short-term capital gains (STCG) are taxed at 15%.
For debt funds, the tax treatment differs; LTCG is taxed at 20% with indexation benefits, while STCG is taxed as per the investor’s income tax slab. Understanding these tax implications is crucial for maximizing returns and effective financial planning.
Future of Axis Mutual Fund
The future of Axis Mutual Fund looks promising due to its robust portfolio and diverse range of investment options. As the financial landscape evolves, the fund aims to leverage technology and analytics to enhance customer experience and optimize fund performance.
Additionally, increasing investor awareness and a growing preference for mutual funds present significant opportunities for Axis Mutual Fund. By focusing on sustainable investment strategies and expanding its reach, the fund is likely to attract more investors and solidify its position in the market.
Top 10 Axis Mutual Funds to Invest In India
The table below shows the top 10 Axis Mutual Funds to invest in India based on 5Y return.
| Name | CAGR 5Y (Cr) | Minimum SIP (Rs) |
| Axis Small Cap Fund | 31.59 | 100 |
| Axis Midcap Fund | 27.15 | 100 |
| Axis Growth Opp Fund | 26.44 | 100 |
| Axis Flexi Cap Fund | 18.84 | 1,000 |
| Axis ELSS Tax Saver Fund | 17.4 | 500 |
| Axis Bluechip Fund | 16.5 | 100 |
| Axis Multi Asset Allocation Fund | 15.77 | 100 |
| Axis Aggressive Hybrid Fund | 15.67 | 100 |
| Axis Focused Fund | 15.62 | 1,000 |
| Axis Children’s Fund-No Lock-in | 15.57 | 100 |
FAQs – Axis Mutual Fund
Axis Mutual Fund is an asset management company in India that offers a variety of mutual fund schemes, including equity, debt and hybrid funds. It aims to provide investors with opportunities for wealth creation through professionally managed portfolios tailored to various risk profiles and investment goals. For more details, you can visit their official website.
Axis Mutual Fund offers a total of 75 schemes, including 15 equity funds, 15 debt funds, 6 hybrid funds, 16 index funds, 9 ETFs, 4 solution-oriented funds and 10 funds of funds (5 domestic and 5 overseas).
Top performing funds of Axis Mutual Fund #1: Axis ELSS Tax Saver Fund
Top performing funds of Axis Mutual Fund #2: Axis Bluechip Fund
Top performing funds of Axis Mutual Fund #3: Axis Midcap Fund
Top performing funds of Axis Mutual Fund #4: Axis Liquid Fund
Top performing funds of Axis Mutual Fund #5: Axis Small Cap Fund
These funds are listed based on the Highest AUM.
The minimum investment amount for Axis Mutual Fund varies by scheme. Typically, it starts at ₹5,000 for lump-sum investments in most funds. For Systematic Investment Plans (SIPs), the minimum investment can be as low as ₹1,000. For specific details, visit their official website.
SIP returns for Axis Mutual Fund vary depending on the specific fund and market conditions. Historically, equity mutual funds have shown potential for higher returns, averaging between 12% to 15% annually over the long term. For precise figures and updates, please check their official website.
To start an Axis Mutual Fund SIP online, visit the Axis Mutual Fund website or a brokerage platform like Alice Blue. Choose your desired fund, complete the KYC process, select the SIP amount and frequency and set up the payment method to begin investing.
To increase your SIP amount in Axis Mutual Fund, log in to your account on the Axis Mutual Fund website or your brokerage platform. Navigate to your SIP details, select the option to modify and enter your new SIP amount. Confirm the changes to update your investment.
To redeem Axis Mutual Fund units, log in to your account on the Axis Mutual Fund website or the brokerage platform you used. Navigate to the “Redeem” section, select the fund and amount you wish to redeem and submit your request. Confirm the transaction to complete the process.
Axis Mutual Fund schemes are not entirely tax-free. Taxation depends on the type of fund and the holding period. For instance, long-term capital gains from equity funds are taxed at 10% beyond ₹1 lakh, while debt funds have different tax rates. Always consult a tax advisor for specific guidance.
Whether to invest in Axis Mutual Funds depends on your financial goals, risk tolerance and investment horizon. Axis Mutual Funds offers a range of schemes with potential for good returns. It’s advisable to research specific funds, assess past performance and consult a financial advisor for personalized advice before investing.
Investments in Axis Mutual Fund are subject to market risks, like all mutual funds and are not guaranteed. While Axis Mutual Fund is known for its strong management and diverse portfolio, it’s essential to assess your risk tolerance and investment objectives before investing. Conduct thorough research and consider consulting a financial advisor to determine if it aligns with your financial goals.
Yes, NRIs can invest in Axis Mutual Fund. They need to comply with the Foreign Exchange Management Act (FEMA) regulations and complete the KYC process. NRIs can invest through various routes, such as NRE or NRO accounts and select suitable mutual fund schemes based on their financial goals. For detailed guidance, it’s advisable to consult the official Axis Mutual Fund website or a financial advisor.
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Disclaimer: The above article is written for educational purposes and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.
