Top 10 Axis Mutual Funds

Fund NameCategoryRisk1Y ReturnsRatingFund Size(in Cr)
Axis Bluechip FundEquityModerately High2.0%star6,303
Axis Long Term Equity FundEquityModerately High-2.0%star19,718
Axis Focused 25 FundEquityModerately High-5.3%star8,044
Axis Midcap FundEquityModerately High-3.1%star2,656
Axis Long Term Equity FundEquityModerately High-3.0%star19,718
Axis Liquid FundDebtLow7.5%star27,255
Axis Liquid FundDebtLow7.4%star27,255
Axis Hybrid Fund - Series 30HybridModerately High4.6%star153
Axis Childrens Gift Fund - Without Lock inSolution OrientedModerately High0.5%star426
Axis Multicap FundEquityModerately High1.7%star3,991
Axis Short Term FundDebtModerately Low10.3%star2,557
Axis Focused 25 FundEquityModerately High-6.6%star8,044
Axis Short Term FundDebtModerately Low9.7%star2,557
Axis Midcap FundEquityModerately High-4.3%star2,656
Axis Strategic Bond FundDebtModerate7.9%star1,183
View All Top 10 Axis Mutual Funds

Axis Mutual Fund

Axis Asset Management Company Ltd., the formal name of Axis Mutual Fund, is the mutual fund investment wing of Axis Bank, the 3 rd largest private bank in India. 74.99% share of the AMC is held by Axis Bank while the rest 24% is held by Schroder Singapore Holdings Private Limited.

The AMC was incorporated back in October 2009 and has since abided by its three pillars:

I. Outside-in view – Communicate with customers in their language to assist better in taking the right investment decision.

II. Long-term wealth creation – Encourage investors to create a long-term investment strategy and play a critical role in their wealth management.

III. Long-term relationship – Build relationships beyond finances.

As of 31st March 2019, the total asset under management (AuM) of this company stood at around Rs. 89,700 Crore.

Axis Asset Management Company Ltd. is present in more than 90 cities India. It has over 20 Lakh investors and offers more than 170 investment schemes.

Let's have a closer look

Now let us jump and check about these top 10 mutual fund schemes.

Axis Bluechip Fund Direct Plan-Growth

Fund Performance: This fund has consistently beaten its benchmark in Large Cap segment and provided 13.84% annualized returns in the last 3 years. In the last 1 year, it gave 1.97% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 1.97% returns in the last 1 year. Groww rated this fund as Star. This is one of the best Equity mutual fund in India.

Fund Manager: Shreyash Devalkar

Launch Date01 Jan 2013
Min Investment AmtNaN
Groww Ratingstar
AUM6,303Cr
1Y Returns2.0%

Axis Long Term Equity Direct Plan-Growth

Fund Performance: This fund has consistently beaten its benchmark in ELSS segment and provided 10.73% annualized returns in the last 3 years. In the last 1 year, it gave -1.99% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided -1.99% returns in the last 1 year. Groww rated this fund as Star. This is one of the best Equity mutual fund in India.

Fund Manager: Jinesh Gopani

Launch Date01 Jan 2013
Min Investment AmtNaN
Groww Ratingstar
AUM19,718Cr
1Y Returns-2.0%

Axis Focused 25 Direct Plan-Growth

Fund Performance: This fund has consistently beaten its benchmark in Focused segment and provided 12.89% annualized returns in the last 3 years. In the last 1 year, it gave -5.3% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided -5.3% returns in the last 1 year. Groww rated this fund as Star. This is one of the best Equity mutual fund in India.

Fund Manager: Jinesh Gopani

Launch Date01 Jan 2013
Min Investment AmtNaN
Groww Ratingstar
AUM8,044Cr
1Y Returns-5.3%

Axis Midcap Direct Plan-Growth

Fund Performance: This fund has consistently beaten its benchmark in Mid Cap segment and provided 11.36% annualized returns in the last 3 years. In the last 1 year, it gave -3.15% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided -3.15% returns in the last 1 year. Groww rated this fund as Star. This is one of the best Equity mutual fund in India.

Fund Manager: Shreyash Devalkar

Launch Date01 Jan 2013
Min Investment AmtNaN
Groww Ratingstar
AUM2,656Cr
1Y Returns-3.1%

Axis Long Term Equity Fund-Growth

Fund Performance: This fund has consistently beaten its benchmark in ELSS segment and provided 9.57% annualized returns in the last 3 years. In the last 1 year, it gave -2.97% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided -2.97% returns in the last 1 year. Groww rated this fund as Star. This is one of the best Equity mutual fund in India.

Fund Manager: Jinesh Gopani

Launch Date29 Dec 2009
Min Investment AmtNaN
Groww Ratingstar
AUM19,718Cr
1Y Returns-3.0%

Axis Liquid Direct Fund -Growth

Fund Performance: This fund has consistently beaten its benchmark in Liquid segment and provided 7.18% annualized returns in the last 3 years. In the last 1 year, it gave 7.49% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 7.49% returns in the last 1 year. Groww rated this fund as Star. This is one of the best Debt mutual fund in India.

Fund Manager: Devang Shah, Aditya Pagaria

Launch Date01 Jan 2013
Min Investment AmtNaN
Groww Ratingstar
AUM27,255Cr
1Y Returns7.5%

Axis Liquid Fund-Growth

Fund Performance: This fund has consistently beaten its benchmark in Liquid segment and provided 7.11% annualized returns in the last 3 years. In the last 1 year, it gave 7.44% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 7.44% returns in the last 1 year. Groww rated this fund as Star. This is one of the best Debt mutual fund in India.

Fund Manager: Devang Shah, Aditya Pagaria

Launch Date09 Oct 2009
Min Investment AmtNaN
Groww Ratingstar
AUM27,255Cr
1Y Returns7.4%

Axis Hybrid Fund Series 30 Direct-Growth

Fund Performance: This fund has consistently beaten its benchmark in Conservative segment and provided 9.36% annualized returns in the last 3 years. In the last 1 year, it gave 4.64% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 4.64% returns in the last 1 year. Groww rated this fund as Star. This is one of the best Hybrid mutual fund in India.

Fund Manager: Ashwin Patni, Devang Shah

Launch Date11 Feb 2016
Min Investment AmtNaN
Groww Ratingstar
AUM153Cr
1Y Returns4.6%

Axis Children's Gift Fund Direct - No Lock In Growth

Fund Performance: This fund has consistently beaten its benchmark in Children's segment and provided 8.16% annualized returns in the last 3 years. In the last 1 year, it gave 0.52% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 0.52% returns in the last 1 year. Groww rated this fund as Star. This is one of the best Solution Oriented mutual fund in India.

Fund Manager: R Sivakumar, Ashish Naik

Launch Date08 Dec 2015
Min Investment AmtNaN
Groww Ratingstar
AUM426Cr
1Y Returns0.5%

Axis Multicap Fund Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Multi Cap segment and provided NA annualized returns in the last 3 years. In the last 1 year, it gave 1.73% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 1.73% returns in the last 1 year. Groww rated this fund as Star. This is one of the best Equity mutual fund in India.

Fund Manager: Jinesh Gopani, Shreyash Devalkar

Launch Date13 Nov 2017
Min Investment AmtNaN
Groww Ratingstar
AUM3,991Cr
1Y Returns1.7%

Axis Short Term Direct Fund-Growth

Fund Performance: This fund has consistently beaten its benchmark in Short Duration segment and provided 8.25% annualized returns in the last 3 years. In the last 1 year, it gave 10.35% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 10.35% returns in the last 1 year. Groww rated this fund as Star. This is one of the best Debt mutual fund in India.

Fund Manager: Devang Shah

Launch Date01 Jan 2013
Min Investment AmtNaN
Groww Ratingstar
AUM2,557Cr
1Y Returns10.3%

Axis Focused 25 Fund-Growth

Fund Performance: This fund has consistently beaten its benchmark in Focused segment and provided 11.5% annualized returns in the last 3 years. In the last 1 year, it gave -6.59% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided -6.59% returns in the last 1 year. Groww rated this fund as Star. This is one of the best Equity mutual fund in India.

Fund Manager: Jinesh Gopani

Launch Date29 Jun 2012
Min Investment AmtNaN
Groww Ratingstar
AUM8,044Cr
1Y Returns-6.6%

Axis Short Term Fund-Growth

Fund Performance: This fund has consistently beaten its benchmark in Short Duration segment and provided 7.52% annualized returns in the last 3 years. In the last 1 year, it gave 9.66% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 9.66% returns in the last 1 year. Groww rated this fund as Star. This is one of the best Debt mutual fund in India.

Fund Manager: Devang Shah

Launch Date22 Jan 2010
Min Investment AmtNaN
Groww Ratingstar
AUM2,557Cr
1Y Returns9.7%

Axis Midcap Fund-Growth

Fund Performance: This fund has consistently beaten its benchmark in Mid Cap segment and provided 10.09% annualized returns in the last 3 years. In the last 1 year, it gave -4.35% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided -4.35% returns in the last 1 year. Groww rated this fund as Star. This is one of the best Equity mutual fund in India.

Fund Manager: Shreyash Devalkar

Launch Date18 Feb 2011
Min Investment AmtNaN
Groww Ratingstar
AUM2,656Cr
1Y Returns-4.3%

Axis Strategic Bond Fund Direct -Growth

Fund Performance: This fund has consistently beaten its benchmark in Medium Duration segment and provided 8.19% annualized returns in the last 3 years. In the last 1 year, it gave 7.87% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 7.87% returns in the last 1 year. Groww rated this fund as Star. This is one of the best Debt mutual fund in India.

Fund Manager: Devang Shah

Launch Date07 Jan 2013
Min Investment AmtNaN
Groww Ratingstar
AUM1,183Cr
1Y Returns7.9%

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How can you invest in Axis Mutual Funds?

<p>You can invest in the <strong>Axis Bank Mutual Fund online</strong> by simply following the few steps mentioned below –</p> <p>Step 1. Register and create a new Groww account or log-in if you already have one.</p> <p>Step 2. Upload your identity proof documents (Central or State Government ID card PAN, Aadhaar, Passport, Voter ID, Driving License, etc.)</p> <p>Step 3. Upload your address proof documents (any identity proof documents with your permanent address, etc.).</p> <p>Step 4. Choose the duration of your investment.</p> <p>Step 5. Select whether you want low, mid, or high-risk investment options.</p> <p>Step 6. Select your preferred <strong>Axis Bank Mutual Fund.</strong></p> <p>Step 7. Click on “Invest One Time” if you want to invest a lump sum amount or “Start SIP” if you want to invest via SIP.</p> <p>Your Groww account will reflect the <strong>Axis Mutual Fund in India</strong> you have invested in within 3 to 4 working days.</p>

Top fund managers

<p style={{fontSize: 16}}><strong>1. Mr. Jinesh Gopani</strong></p> <p>Jinesh Gopani has a combined experience of 13 years in capital markets. Out of that, he spent 4 years in managing equity funds. An MMS in Finance from Mumbai University, he has been the Fund Manager of Equities at Axis Asset Management Company Ltd. since 2011. He held the post of Assistant Fund manager of Equities prior to this position.</p> <p>Before becoming part of <strong>Axis Mutual Fund</strong>, he was associated with Birla Sun Life Asset Management Company Ltd. as the Portfolio Manager. He was also the Portfolio Manager and Research Analyst at Voyager India Capital Pvt. Ltd. earlier.</p> <p>The key funds that Mr. Gopani manages are Axis Long Term Equity Fund, Axis Growth Opportunities Fund, and Axis Focused 25 Fund.</p> <p style={{fontSize: 16}}><strong>2. Mr. Shreyash Devalkar</strong></p> <p>Shreyash Devalkar is a Bachelor of Chemical Engineering degree from UDCT, Mumbai and an MMS in Finance from Jamnalal Bajaj Institute of Management Studies.</p> <p>Mr. Devalkar began his career as an Executive Engineer at Larsen & Toubro Limited back in 1999. He then moved on to become a manager at Calyon Bank in 2003. In 2004, he was hired as an Analyst at JP Morgan Services India Ltd. From there, he went on to become the Vice President of Research at IDFC Capital Ltd. Mr. Devalkar later on became the Vice President of Investments at IDFC Asset Management Company Ltd.</p> <p>BNP Paribas Asset Management India Private Ltd hired him as an Equity Analyst in the PMS division in 2011. The same year, he became the Fund Manager of Equities of the same company.</p> <p>Mr. Devalkar has served as the Senior Fund Manager of <strong>Axis Bank Mutual Fund investment</strong> schemes since 2016.</p> <p>Some of the key funds that Shreyash Devalkar manages include Axis Multicap Fund, Axis Mid Cap Fund, and Axis Bluechip Fund. The Axis Bluechip Fund registered a 21.5% return in FY 2017-18, a considerable growth compared to Bluechip Funds of other AMCs.</p> <p style={{fontSize: 16}}><strong>3. Mr. Anupam Tiwari</strong></p> <p>Anupam Tiwari is the Fund Manager of Equity of <strong>Axis Mutual Funds</strong> since 2016. He was also the Senior Equity Analyst at Reliance Capital Asset Management Company Ltd., where he primarily functioned across sectors including infrastructure, utilities, media, and capital goods.</p> <p>Mr. Tiwari also managed mid cap and large cap portfolios as Equity Fund Manager in Reliance Life Insurance Company Limited later on. He also held the same position at Principal PNB Mutual Fund after moving on from the previous company.</p> <p>Few of the funds that Anupam Tiwari manages are Axis Small Cap Fund, Axis Equity Saver Fund, and Axis Dynamic Equity Fund.</p> <p style={{fontSize: 16}}><strong>4. Mr. Ashish Naik</strong></p> <p>Ashish Naik is a PGDBM in Finance and Marketing from XLRI, Jamshedpur. He is also a Chartered Financial Analyst (CFA) and Financial Risk Manager (FRM). Mr. Naik also holds a degree in Bachelor in Computer Engineering from the University of Mumbai.</p> <p>He initially began his career as a Software Engineer from Hexaware Technologies. He later on joined Goldman Sachs as a Sell-side Equity Research Analyst and performed various duties like creating financial models for Korean and Malaysian banks.</p> <p>Mr. Naik joined <strong>Axis Mutual Fund</strong> in 2009 as a Research Analyst. His primary roles included risk analysis, portfolio performance, marketing mutual funds, analysing industry structure, etc.</p> <p>He received the position of Assistant Fund Manager at Axis in 2016 and Fund Manager in 2018.</p> <p>The key funds that Ashish Naik manages include Axis Regular Saver Fund, Axis Equity Hybrid Fund, Axis Children’s Gift Fund - Compulsory Lock-In, Axis Triple Advantage Fund, and Axis NIFTY ETF.</p> <p style={{fontSize: 16}}><strong>5. Mr. Viresh Joshi</strong></p> <p>Viresh Joshi functions as the Fund Manager and the Chief Trader at Axis. An MBA in Finance, he has a capital market experience of more than 20 years.</p> <p>He has represented domestic buy side investors of ETFs, equity derivatives, and equity at several round-table conferences like TradeTech and FIX. Mr. Joshi was previously associated with ICICI Securities and BNP Paribas Securities.</p> <p style={{fontSize: 16}}><strong>6. Mr. R. Sivakumar</strong></p> <p>R. Sivakumar holds a BTech degree from the Indian Institute of Technology, Madras and an MBD degree from the Indian Institute of Management, Ahmedabad.</p> <p>He started his career as a Research and Investment Analyst in Zurich India AMC & ITC Threadneedle AMC back in 1998. Mr. Sivakumar has also been the Fund manager of Fixed Income at Sundaram Asset Management Company Ltd. He has also played the role of Fund Manager in Fortis Investments, where he later became the Chief Operating Officer.</p> <p>R. Sivakumar is currently the Head of Fixed Income at <strong>Axis Mutual Fund in India</strong> since 2009.</p> <p>Some of the key schemes that he manages are Axis Triple Advantage Fund, Axis Equity Saver Fund, Axis Equity Hybrid Fund, Axis Dynamic Equity Fund, Axis Dynamic Bond Fund, and Axis Children’s Gift Fund - Compulsory Lock-In.</p>

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