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Introduction to the Fund
Axis Mutual Fund offers Equity Funds to investors with a view to earning large returns on investments in the long term. Fund managers invest the fund in traded equity stock and use their expertise to earn high returns. There are different types of equity-based mutual funds offered by Axis Mutual Fund.
| Equity Fund | Minimum SIP Investment | |
|---|---|---|
| Axis Focused 25 Fund | Investment is made in equity of a maximum of 25 companies | Rs. 1000 |
| Axis Bluechip Fund | An equity based mutual fund primarily investing in large cap equity | Rs. 1000 |
| Axis Midcap Fund | An equity based fund primarily investing in midcap company stock | Rs. 1000 |
| Axis Multicap Fund | An equity based mutual fund investing in large cap, mid cap, and small cap equity | Rs. 1000 |
| Axis Small Cap Fund | A fund that invests primarily in stock of small cap companies | Rs. 1000 |
| Axis Long term Equity Fund | A fund that has long term gain as its primary objective. It has a lock in of 3 years. | Rs. 500 |
| Axis Growth Opportunity Fund | A mutual fund that invest in large cap and mid cap stock. | Rs. 1000 |
Fund Overview
Investment in equity is a risky proposition and requires large capital in order to gain a reasonable return. It is therefore not a viable investment for those will low risk-bearing capacity or live on fixed monthly incomes with little savings. Mutual funds allow such investors to invest small amounts in equity and collectively earn substantial long-term gains.
Why should you invest in Axis Equity Fund?
Investment in equity whether by trading or through mutual funds is subject to risk. However, investing through mutual funds is safer and you stand a chance to get higher returns. Mutual funds have the advantage of experience and expertise of its managers. Moreover, the risk involved is lower since you only invest small amounts. Mutual funds also offer the flexibility of investing as and when you have the funds. Axis Equity Funds invest for the most part in large cap company stock – except for the small cap fund, which invests only in small cap equity. The investment is made after a careful study of company profiles and market trends.
Historical NAV of Axis Equity Fund
NAV or Net Asset Value is the value of the fund at any given point of time. It is equivalent to your investment and the returns earned on it. It reflects the combined value of the stock in which the fund invests. A glance at the NAV of any mutual fund over a period can give you a fair idea about its performance.
The following tables show the performance of Axis Equity Funds at a glance -
| Equity Fund | Annual Returns (percentage) | Benchmark Returns (percentage) |
|---|---|---|
| Axis Focused 25 Fund | 16.36 | 13.10 |
| Axis Bluechip Fund | 11.69 | 9.69 |
| Axis Midcap Fund | 17.54 | 12.78 |
| Axis Multi cap | 7.88 | 1.24 |
| Axis Small Cap Fund | 21.45 | 16.06 |
| Axis Long term Equity Fund | 17.54 | 10.35 |
| Axis Growth Opportunity Fund |
The following is an assessment of the risk involved in various Axis Equity Funds -
| Name of Equity Fund | Level of Risk | NAV (as on Feb 5, 2019) |
|---|---|---|
| Axis Focused 25 Fund | Moderately high | 25.67 |
| Axis Blue chip Fund | Moderately high | 27.19 |
| Axis Mid cap fund | Moderately high | 34.44 |
| Axis Multi cap fund | Moderately high | 10.90 |
| Axis Growth Opportunities Fund | Moderately high | 10.31 |
| Axis small cap fund | Moderately high | 25.83 |
| Axis Long term equity fund | Moderately high | 41.38 |
How to invest in Axis Equity Fund?
You can invest in Axis Equity Funds by filling out the application form on the bank website, visiting a bank branch, or through a third party.
If you visit the bank website, you will have to register yourself before you can fill out the application form. You can also compare the various mutual funds before selecting the fund in which you would like to invest.
Axis Equity Funds are open-ended schemes allowing you to make lump sum investments or through regular payments under an SIP (Systematic Investment Plan).
Documents required for investing in Axis Equity Fund
Whether you choose to invest online or by submitting a physical application form, you will have to submit your KYC documents along with your application. Under the SIP plan, the documents need only be submitted once at inception. However if you are making periodic lump sum investments, you may be required to submit KYC with each new purchase.
Frequently Asked Questions: Axis Equity Fund
1. Can I apply for a mutual fund if I am under 18?
Individuals under 18 are considered minors and hence incompetent to contract. They may however invest in mutual funds by appointing their parents as guardians.
2. When will I receive dividend on my investment?
Receiving dividend is subject to various factors. For instance, you would only receive dividend if you have chosen the dividend option. If you choose to reinvest the dividend obtained then you will not receive any dividend on the investment.
3. How much dividend will I get?
The dividend that you are entitled to will vary based on how well the fund performs in the market. The highs and lows of the market can affect the amount of dividend you are likely to receive.
4. What is the meaning of growth fund?
A growth fund is one that reinvests its earnings back into the fund. Thus, your earnings are added on to your capital and your fund grows with additional income.
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