® 
Is your Credit Score >750?
- Get low interest loans & Lifetime FREE credit cards
- Get customized Credit Health Report
- Improve your creditworthiness
Get your FREE Credit Score & Report in just 2 minutes
Introduction to the Fund
Axis Mutual Fund is sponsored by Axis Bank is India’s leading financial institution. It was incorporated in January 2009, and the fund house launched its first scheme in October that year. Today, the fund house has about 52 schemes with more than 20 lakh investors. As on 31st March 2018, the assets under management of the schemes of Axis Mutual Fund as at were Rs. 66,998.40 crores.
Types of Mutual Fund offered by Axis Bank
Axis Mutual Fund offers schemes across 4 categories-Debt, Equity, Hybrid/Balanced and Fund of Funds of ETF and Special Situation Funds. There are 10 schemes in the Debt category, the Equity scheme has 5 schemes, while the Hybrid category has 6 schemes. The Fund of Fund ETF and Special Situation Fund has 3 schemes and 1 scheme, respectively.
Debt Funds
This mutual fund type is less risky and invests in debt-market instruments like bonds, debentures, government securities and other fixed income securities. Debt funds can be short-term or long-term. The returns will be in the form of interest income and capital appreciation. Various types of debt funds offered by Axis Bank are:
Axis Corporate Debt Fund
| Description | An open-ended debt scheme predominantly investing in AA+ and above rated corporate bonds |
| Objective | To provide steady income and capital appreciation by investing in corporate debt. The aim is to provide regular income over short to medium term. |
| Ideal for | Ideal for investors looking for allocations for minimum 12 months or more. |
| Asset Allocation | |
| Benchmark Index | NIFTY Corporate Bond Index |
| Investment Options | Growth and Dividend |
| Minimum Investment | Rs.1,000 |
| Entry Load | Not Applicable |
| Exit Load | From the date of allotment: 0.50%; If redeemed / switched out after 6 months from the date of allotment: Nil. w.e.f 3rd August 2018. |
| Riskometer | Moderate |
Axis Credit Risk Fund
| Description | An open-ended debt scheme predominantly investing in AA and below rated corporate bonds |
| Objective | To generate stable returns by investing in debt & money market instruments across the yield curve & credit spectrum in a period of 1-3 years. |
| Inception date | 15-Jul-14 |
| Ideal for | Investors who want regular and stable income over 3 years or longer. |
| Asset Allocation | |
| Benchmark Index | NIFTY Credit Risk Bond Index |
| Investment Options | Growth and Dividend |
| Minimum Investment | Rs.1,000 |
| Entry Load | Not Applicable |
| Exit Load | If redeemed / switched-out within 12 months from the date of allotment: - For 10% of investment: Nil For remaining investment: 1% If redeemed/switched out after 12 months from the date of allotment: Nil |
| Riskometer | Moderate |
Axis Strategic Bond Fund
| Description | An open-ended medium-term debt scheme investing in debt and money market securities such that the duration of the portfolio is between 3 years to 4 years |
| Objective | To generate optimal risk adjusted returns while maintaining liquidity. |
| Inception date | 28-03-2012 |
| Ideal for | regular and stable income over 3 years or longer. |
| Asset Allocation | |
| Benchmark Index | NIFTY Medium Duration Debt Index |
| Investment Options | Growth and Dividend |
| Minimum Investment | Rs.1,000 |
| Entry Load | Not Applicable |
| Exit Load | If redeemed / switched-out within 12 months: - For 10% of investment: Nil. - For remaining investment: 1%. If redeemed/ switched out after 12 months from the date of allotment: Ni |
| Riskometer | Moderate |
Axis Dynamic Bond Fund
| Description | An open-ended dynamic debt scheme investing across duration. |
| Objective | To maximize capital gains with income generation and enhanced returns by utilizing volatility. |
| Inception date | 27-04-2011 |
| Ideal for | Investors looking for long term allocations (minimum 3 years) with substantially lesser risk than equity investments. |
| Asset Allocation | Corporate Bonds, Money Market securities, Government Bonds, Pass through certificates |
| Benchmark Index | NIFTY Composite Debt Index |
| Investment Options | Growth and Dividend |
| Minimum Investment | Rs.1,000 |
| Entry Load | Not Applicable |
| Exit Load | Not Applicable |
| Riskometer | Moderate |
Axis Ultra Short Term Fund
| Description | An open ended ultra-short-term debt scheme investing in instruments with maturity period between 3 months and 6 months |
| Objective | to generate regular income and capital appreciation by investing in a portfolio of short-term debt and money market instruments with relatively lower interest rate risk |
| Inception date | 27-08-2018 |
| Ideal for | Investors who want to park money for 3-6 months. The fund can also be used as STPs for Equity Funds |
| Asset Allocation | Corporate Bonds, Money Market securities, Government Bonds, Pass through certificates |
| Benchmark Index | CRISIL Ultra Short-Term Fund Index |
| Investment Options | Growth and Dividend |
| Minimum Application | Rs.1,000 |
| Entry Load | Not Applicable |
| Exit Load | Not Applicable |
| Riskometer | Moderately low |
Axis Gilt Fund
| Description | An open-ended debt scheme investing in government securities across maturity |
| Objective | To generate credit risk-free returns through investments in sovereign securities issued by the Central Government and/or State Government. |
| Inception date | 23-01-2012 |
| Ideal for | Investors who want stable returns for 3 years or more |
| Asset Allocation | Money Market / Govt Bond |
| Benchmark Index | NIFTY All Duration G-Sec Index |
| Investment Options | Growth and Dividend |
| Minimum Investment | Rs.1,000 |
| Entry Load | Not Applicable |
| Exit Load | Not Applicable |
| Riskometer | Moderately low |
Axis Liquid Fund
| Description | An open-ended debt scheme investing in money market and highly liquid debt securities |
| Objective | To provide a high level of liquidity with reasonable returns with low risk through a portfolio of money market and debt securities. |
| Inception date | 23-01-2012 |
| Ideal for | Investors who want highly liquid and risk-free returns |
| Asset Allocation | money market instruments such as certificate of deposits (CoD), treasury bills, commercial papers |
| Benchmark Index | NIFTY Liquid Index |
| Investment Options | Growth and Dividend |
| Minimum Investment | Rs.500 |
| Entry Load | Not Applicable |
| Exit Load | Not Applicable |
| Riskometer | Low |
Axis Short Term Fund
| Description | An open-ended short-term debt scheme investing in instruments such that the duration of the portfolio is between 1 year to 3 years |
| Objective | To generate stable returns with a low risk strategy while maintaining liquidity through a portfolio comprising of debt and money market instruments. |
| Inception date | 22-01-2010 |
| Ideal for | Investors who want to generate relatively stable returns with comparatively lesser risk. |
| Asset Allocation | Money market instruments such as certificate of deposits (CoD), treasury bills, commercial papers, government bonds, corporate bonds |
| Benchmark Index | NIFTY Short Duration Debt Index |
| Investment Options | Growth and Dividend |
| Minimum Investment | Rs.1,000 |
| Entry Load | Not Applicable |
| Exit Load | Not Applicable |
| Riskometer | Low |
Axis Treasury Advantage Fund
| Description | An open-ended low duration debt scheme investing in instruments such that the duration of the portfolio is between 6 to 12 months |
| Objective | To provide optimal returns and liquidity to the investors by investing primarily in a mix of money market and short-term debt instruments with slightly higher maturity than the liquid funds |
| Inception date | 22-01-2010 |
| Ideal for | Investors who want to generate relatively stable returns with comparatively lesser risk. |
| Asset Allocation | money market instruments such as certificate of deposits (CoD), treasury bills, commercial papers, government bonds, corporate bonds |
| Benchmark Index | NIFTY Short Duration Debt Index |
| Investment Options | Growth and Dividend |
| Minimum Application | Rs.5,000 |
| Entry Load | Not Applicable |
| Exit Load | Not Applicable |
| Riskometer | Low |
EQUITIES
These are funds that invest only in stocks. As a result, they are usually considered high risk, high return funds. Most growth funds – the ones that promise high returns over a long-term – are equity funds.
These funds have less tax liability in the long-run as compared to debt funds. Equity funds can be further classified into types based on the investment objective into index funds, sector funds, tax-saving schemes and so on.
The various equity funds offered by Axis are:
| Description | An open-ended equity scheme investing across large cap, mid cap, small cap stocks |
| Objective | To generate long term capital appreciation by investing in a diversified portfolio |
| Inception date | 17-11-2017 |
| Ideal for | Investors who want long-term wealth creation plan to fund children’s education & their future, retirement, overseas travel |
| Asset Allocation | 50-100% in large cap & 0-50% in mid & small cap |
| Benchmark Index | Nifty 500 Index |
| Investment Options | Growth and Dividend |
| Minimum SIP | Rs.1,000 |
| Entry Load | Not Applicable |
| Exit Load | If redeemed / switched-out within 12 months from the date of allotment, For 10% of investments: Nil For remaining investments: 1%. If redeemed / switched - out after 12 months from the date of allotment: NIL. |
| Riskometer | Moderately High |
Axis Mid Cap Fund
| Description | An open-ended equity scheme predominantly investing in Mid Cap stocks |
| Objective | Long term capital appreciation by investing in mid cap companies which have the potential to deliver superior returns due to potential of faster earnings growth. |
| Inception date | 18-02-2011 |
| Ideal for | Long-term goals such as children’s education & their future, retirement |
| Asset Allocation | 50-100% in large cap & 0-50% in mid & small cap |
| Benchmark Index | S&P BSE Midcap |
| Investment Options | Growth and Dividend |
| Minimum SIP | Rs.1,000 |
| Entry Load | Not Applicable |
| Exit Load | If redeemed / switched-out within 12 months from the date of allotment For 10% of investments: Nil For remaining investments: 1%. If redeemed / switched - out after 12 months from the date of allotment: NIL |
| Riskometer | Moderately High |
Axis Long Term Equity Fund
| Description | An open-ended equity linked saving scheme with a statutory lock in of 3 years and tax benefit |
| Objective | Long-term Capital appreciation and tax benefits under Section 80C |
| Inception date | 29-12-2009 |
| Ideal for | Investors who want long-term wealth creation plan to fund children’s education & their future, retirement, overseas travel |
| Asset Allocation | 68% large cap, 23% mid cap and 7% small cap |
| Benchmark Index | Nifty 500 Index |
| Investment Options | Growth and Dividend |
| Minimum SIP | Rs.500 |
| Entry Load | Not Applicable |
| Exit Load | If redeemed / switched-out within 12 months from the date of allotment, For 10% of investments: Nil For remaining investments: 1%. If redeemed / switched - out after 12 months from the date of allotment: NIL. |
| Riskometer | Moderately High |
Axis Focused 25 Fund
| Description | An open-ended equity scheme investing in maximum 25 stocks across large cap, mid cap and small caps |
| Objective | To generate consistent returns without being impacted by short term market volatility. |
| Inception date | 29-06-2012 |
| Ideal for | Investors who want long-term wealth creation plan to fund children’s education & their future, retirement, overseas travel |
| Asset Allocation | 74% large cap, 16% mid cap and 2% small cap |
| Benchmark Index | Nifty 50 |
| Investment Options | Growth and Dividend |
| Minimum SIP | Rs.1000 |
| Entry Load | Not Applicable |
| Exit Load | If redeemed / switched-out within 12 months from the date of allotment, For 10 % of investments: Nil, For remaining investments: 1%, If redeemed / switched - out after 12 months from the date of allotment: NIL (w.e.f. 25th September 2017) |
| Riskometer | Moderately High |
Axis Bluechip Fund
| Description | An open-ended equity scheme predominantly investing in large cap stocks including derivatives |
| Objective | long term capital appreciation by investing in a diversified portfolio |
| Inception date | 05-01-2010 |
| Ideal for | Investors who want long-term wealth creation plan to fund children’s education & their future, retirement, overseas travel |
| Asset Allocation | 80-100% large cap, others 0.25% |
| Benchmark Index | Nifty 50 |
| Investment Options | Growth and Dividend |
| Minimum SIP | Rs.1000 |
| Entry Load | Not Applicable |
| Exit Load | If redeemed / switched-out within 12 months from the date of allotment, For 10% of investments: Nil For remaining investments: 1%. If redeemed / switched - out after 12 months from the date of allotment: NIL |
| Riskometer | Moderately High |
Hybrid Funds
These are funds which invest in both equities as well as debt instruments. For this reason, they are less risky than equity funds, but more than debt funds. Similarly, they are likely to give you higher returns than debt funds, but lower than equity funds. As a result, they are often called ‘Balanced Funds’.
The various Hybrid funds offered by Axis are:
Axis Equity Hybrid Fund
| Description | An open-ended scheme investing in arbitrage opportunities within the derivative segment. The remaining portfolio is balanced by debt and money market securities |
| Objective | To utilize the price differential in the cash and derivatives segment of the equity market to generate returns with relatively low volatility. |
| Inception date | NFO Period 20th July 2018 to 3rd August 2018 |
| Ideal for | Investors who want potential capital appreciation of equity and stability of debt being tax efficient at the same time. |
| Asset Allocation | 65-80% in equity and rest in debt |
| Benchmark Index | CRISIL Hybrid 35+65 - Aggressive Index |
| Investment Options | Growth and Dividend |
| Minimum SIP | Rs.1000 |
| Entry Load | Not Applicable |
| Exit Load | 0.25% if redeemed / switched out within 7 days from the date of allotment. |
| Riskometer | Moderately high |
Axis Triple Advantage Fund
| Description | An open-ended scheme investing in equity, debt and gold |
| Objective | Long-term wealth through exposure to equities and protection against market volatility through debt investments and gold. |
| Inception date | 23-08-2010 |
| Ideal for | Investors who want long-term wealth creation plan through diversified portfolio |
| Asset Allocation | 65-80% Equities, Debt 20-30%, Gold 10-30% |
| Benchmark Index | Nifty 50 (65%), Nifty Composite Debt Index (20%), Gold (15%) |
| Investment Options | Growth and Dividend |
| Minimum SIP | Rs.1000 |
| Entry Load | Not Applicable |
| Exit Load | If redeemed/switch out within 12 months from the date of allotment: For 10% of investment: Nil For remaining investment: 1%. If redeemed/switch out after 12 months from the date of allotment: Nil (w.e.f. 15th June 2015) |
| Riskometer | Moderately High |
Axis Regular Saver Fund
| Description | An open-ended hybrid scheme investing predominantly in debt instruments. |
| Objective | to generate regular income through investments in debt & money market instruments, along with capital appreciation through limited exposure to equities |
| Inception date | 16-07-2010 |
| Ideal for | Investors who want Capital appreciation while generating income over medium to long term |
| Asset Allocation | 65-80% Equities, Debt 20-30%, Gold 10-30% |
| Benchmark Index | NIFTY50 Hybrid Short Duration Debt 25:75 Index |
| Investment Options | Growth and Dividend |
| Minimum SIP | Rs.1000 |
| Entry Load | Not Applicable |
| Exit Load | If redeemed/switch out within 12 months from the date of allotment: For 10% of investment: Nil For remaining investment: 1% If redeemed/switch out after 12 months from the date of allotment: Nil (w.e.f. 15th June 2015) |
| Riskometer | Moderately High |
Axis Equity Saver Fund
| Description | An open-ended scheme investing in equity, arbitrage and debt |
| Objective | To provide capital appreciation and income distribution while reducing the overall risk and volatility. |
| Inception date | 14-08-2015 |
| Ideal for | Investors who want to have a balanced approach to portfolio management. |
| Asset Allocation | 20-45% Un-hedged Equities, Fixed Income 20-35%, Hedged Equity / Cash futures arbitrage 20-60% |
| Benchmark Index | NIFTY50 Equity Savings Index |
| Investment Options | Growth and Dividend |
| Minimum SIP | Rs.1000 |
| Entry Load | Not Applicable |
| Exit Load | If redeemed/ switched-out within 12 months from the date of allotment, For10%of investments: NIL •Forremaininginvestment:1%. If redeemed / switched - out after 12 months from the date of allotment: NIL |
| Riskometer | Moderately High |
Axis Dynamic Equity Fund
| Description | An open-ended scheme investing in equity, arbitrage and debt |
| Objective | To generate capital appreciation through equity or equity linked securities while also generating income through debt and money market instruments. |
| Inception date | 20-07-2018 |
| Ideal for | Investors who want the best of all asset classes along with risk-adjusted capital appreciation |
| Asset Allocation | 50% Equity, 17-20% hedged equity and 34% Fixed Income |
| Benchmark Index | NIFTY50 Hybrid Composite Debt 50:50 Index |
| Investment Options | Growth and Dividend |
| Minimum SIP | Rs.1000 |
| Entry Load | Not Applicable |
| Exit Load | If redeemed / switched-out within 12 months from the date of allotment, for 10 % of investments: Nil, for remaining investments: 1%, If redeemed / switched - out after 12 months from the date of allotment: NIL |
| Riskometer | Moderately High |
Axis Arbitrage Fund
| Description | An open-ended scheme investing in arbitrage opportunities within the derivative segment. The remaining portfolio is balanced by debt and money market securities |
| Objective | To utilize the price differential in the cash and derivatives segment of the equity market to generate returns with relatively low volatility. |
| Inception date | 14-08-2014 |
| Ideal for | Investors who want Income over short to medium term. |
| Asset Allocation | 50-70% Hedged equities and 20-30% in debt, cash and other receivables. |
| Benchmark Index | NIFTY50 Hybrid Composite Debt 50:50 Index |
| Investment Options | Growth and Dividend |
| Minimum SIP | Rs.1000 |
| Entry Load | Not Applicable |
| Exit Load | 0.25% if redeemed / switched out within 7 days from the date of allotment. |
| Riskometer | Moderate |
SPECIAL
Axis Gold Fund
| Description | An open-ended fund of fund scheme investing in Axis Gold ETF |
| Objective | To generate returns that closely correspond to returns generated by Axis Gold ETF. |
| Inception date | 20-10-2011 |
| Ideal for | Investors who want to invest in Gold ETF without the hassles of storage or concerns on quality |
| Asset Allocation | 95-100% in Axis Gold ETF and 5% in Money Market Instruments |
| Benchmark Index | Domestic Price of Gold |
| Investment Options | Growth and Dividend |
| Minimum Investment | Rs.5,000 |
| Entry Load | Not Applicable |
| Exit Load | Not Applicable |
| Riskometer | Moderately high |
Axis Gold ETF
| Description | An open-ended scheme replicating/tracking Domestic Price of Gold |
| Objective | To generate returns that are in line with the performance of gold. |
| Inception date | 10-11-2010 |
| Ideal for | Investors who want to Invest in Gold without the hassles of storage or concerns on quality |
| Asset Allocation | Physical Gold |
| Benchmark Index | Domestic Price of Gold |
| Investment Options | Growth |
| Minimum Investment | Rs 5000 |
| Entry Load | Not Applicable |
| Exit Load | Not Applicable |
| Riskometer | Moderately high |
Axis Nifty ETF
| Description | An open-ended Scheme replicating/ tracking Nifty 50 Index |
| Objective | To provide returns before expenses that is closely linked to the total returns of the Nifty 50 Index |
| Inception date | 13-06-2017 |
| Ideal for | Capital appreciation over medium to long term |
| Asset Allocation | Physical Gold |
| Benchmark Index | Nifty 50 Index |
| Investment Options | Growth |
| Minimum Investment | Rs 5000 |
| Entry Load | Not Applicable |
| Exit Load | Not Applicable |
| Riskometer | Moderately high |
Axis Childrens Gift Fund
| Description | An open-ended fund for investment for children, having a lock-in of 5 years |
| Objective | to generate income by investing in debt & money market instruments along with long-term capital appreciation |
| Inception date | |
| Ideal for | Investors who want to create funds in the name of a child for future of the child, say education, marriage, or any other long-term purpose. |
| Asset Allocation | Equity, debt and money market securities |
| Benchmark Index | NIFTY 50 Hybrid Composite Debt 65:35 Index |
| Investment Options | Growth |
| Minimum Investment | Rs 5000 |
| Entry Load | Not Applicable |
| Exit Load | 3% is payable if Units are redeemed / switched out up to 1 year from the date of allotment, 2% is payable if Units are redeemed / switched - out after 1 year and up to 2 years from the date of allotment, 1% is payable if are redeemed / switched-out after 2 years and up to 3 years from the date of allotment, NIL if Units are redeemed / switched-out after 3 years from the date of allotment |
| Riskometer | Moderately high |
How to invest in Axis Mutual Funds?
- You can easily invest in Axis Mutual Funds through ‘Axis Internet Banking’ & ‘Axis Mobile’ app
- You then need to click on Invest in Mutual Fund option under the head Invest and Ensure
- You then need to fill up the Online MF Registration and complete the one-time registration process
Alternatively, you can also walk into a branch and seek advice from dedicated Relationship Managers on how to invest in Axis mutual Funds.
Documents required for investing in Axis Mutual Fund
- Recent passport size photograph
- Proof of identity such as a copy of PAN card. Aadhaar, Passport or voter ID or driving licence
- Proof of address passport or driving license or ration card or registered lease/sale of residence or latest bank A/C statement or passbook or latest telephone bill (only landline) or latest electricity bill or latest gas bill, which are not older than three months.
- Duly filled KYC Application
What is Easy Facility?
In this fast-paced world, where everything is at the click of an app, investment in Mutual Fund be left is no exception. Axis Mutual Fund EasyApp is a facility for existing investors of Axis Mutual Fund to track their investments and perform transactions on the go. The credentials for logging in is the same as the website. Through EasyApp you can:
- Plan your financial goals
- Check latest NAVs and request for historical NAVs.
- Invest through SIP and check SIP returns.
- Request for Account Statement, Capital Gains Statement, STT Letter, Transaction summary, portfolio details
- Buy, Sell and Switch units.
Apart from the Easy App, Axis Mutual Funds also offers EasyCall and Easy SMS which allows you to invest and track your portfolio through simple call or SMS.
Frequently Asked Questions?
What is Systematic Transfer Plan?
Systematic Transfer Plan (STP) is the facility where in an investor invests a lump sum amount in one scheme and regularly transfers a pre-defined amount into another scheme.
2. What is SIP?
The i SIP facility enables you to invest in SIPs through online mode. An existing individual investor can register SIP online. Investor need to have Net banking with utility payment facility enabled with bank registered in the folio. The terms and conditions (like minimum amount, load applicable and dates for SIP etc.) is same for iSIP as it is for normal SIP.
3. How should I complete the KYC Facility?
You need to download and Fill the KYC form. Individuals need to click for (New) KYC Form, while companies also need to fill in the annexure. Attach the required documents and undergo the In-Person Verification (IPV) from Any SEBI registered intermediary (e.g. Axis Asset Management Company Limited), NISM/AMFI certified distributors who are KYD compliant or Scheduled Commercial Banks (in case of Direct investment). Then submit the KYC form along with necessary documents at the nearest Investor Services center or any other intermediaries of KRA's as mandated by SEBI.
4. What is a Consolidated Account statement (CAS) and when will I receive it?
Consolidated Account Statement is a single account statement that consolidates financial transactions in all folios of an investor across all schemes of all mutual funds. It will be sent either on or before the tenth day of succeeding month.
5. How do I calculate returns on my mutual fund units?
You can calculate returns through 2 methods: Absolute returns and annualized returns. Absolute return is the simple increase (or decrease) in percentage terms in your investment, while annualized returns measures the rate of return over an investment period.
6. What are actively managed funds and passively managed funds?
A fund which offers returns by mimicking the index are called passively managed funds. But the funds that buy and sell assets on the basis the research of the fund manager are called Actively Managed funds.
Latest & Update Axis Mutual Funds News
Axis Healthcare ETF: NFO from Axis Mutual Fund5 May 2021
Axis Mutual Fund announces the NFO (New Fund Offer) of Axis Healthcare ETF. The NFO is available from 30th April to 10th May. The scheme will help investors invest in the healthcare sector and is ideal for long-term investors with an objective of wea...
Read moreAxis Mutual Fund announces the NFO (New Fund Offer) of Axis Healthcare ETF. The NFO is available from 30th April to 10th May. The scheme will help investors invest in the healthcare sector and is ideal for long-term investors with an objective of wealth creation. The fund will be benchmarked against the NIFTY Healthcare TRI index.
Write a review