Navi Mutual Fund vs Axis Mutual Fund – Which Mutual Fund House is Better for You?

Navi Mutual Fund and Axis Mutual Fund are two AMCs (Asset Management Companies) that serve very different types of investors in India. Navi MF is a newer, digital-first fund house focused on ultra-low-cost, index-based strategies and global exposure via FoFs. In contrast, Axis MF is a well-established player, known for its actively managed equity funds and strong performance track record across categories.

As of 30 September 2025, Navi Mutual Fund’s AUM is approximately ₹ 8,453 Cr. On the other hand, Axis Mutual Fund has a substantial AUM of ₹ 3,54,362 Cr as of the same date.

In this article, we compare Navi vs Axis Mutual Fund — their strengths, fund offerings, and the kind of investor they might suit best.

About the AMCs – Comparison Table

Fund Categories Offered

Here is an overview of the types of mutual fund schemes offered by both AMCs:

• Equity Funds (Large-cap, Mid-cap, Multi-cap)
• Index Funds & ETFs
• Debt Funds (Liquid, Short Duration, Credit Risk etc.)
• Hybrid Funds (Aggressive, Balanced)
• Fund-of-Funds (FoFs), including Overseas / Global FoFs
• Tax-saving Funds (ELSS)
• Gold ETFs (in Axis’s case)

Top Funds

Here are some of the top funds from each AMC

Unique Strengths of Each AMC

Navi Mutual Fund Strengths:

• Very Low Expense Ratios
  Navi’s business model is digitally optimized, allowing it to offer extremely low-cost index funds. For example, its Nifty-50 Index Fund has an expense ratio that is among the lowest in its category.
• Index-First Approach
  Many of Navi’s flagship offerings are passive products — index funds like Nifty 50, Nifty Next 50, etc. This suits investors who believe in market returns rather than trying to beat them.
• Global Diversification
  Navi provides overseas fund-of-funds (FoFs), like its NASDAQ-100 FoF, which gives Indian investors exposure to international market.
• Tech-First & User Experience
  Being digital-first, Navi’s investing journey is streamlined. Transactions, SIPs, and account management happen via app or web, offering convenience and speed.

Axis Mutual Fund Strengths:

• Strong Equity Expertise
  Axis has a proven track record in active equity management, with some of its large-cap and strategy funds delivering consistent performance.
• Wide Product Palette
  Axis offers a very comprehensive suite — from debt and hybrid to multi-asset and ETFs. This makes it a versatile AMC suited to many risk profiles.
• Hybrid & Strategy Funds
  Funds like Axis Momentum Fund and Multi-Asset Allocation Fund cater to more sophisticated investors who want a mix of growth and risk management.
• ETFs and Passive Options
  Axis also has passive/index offerings (e.g., Axis Nifty 500 Value 50 ETF) and a gold ETF, offering low-cost diversification.
• Distribution Network
  As a large AMC, Axis has a strong presence across platforms and advisors, which can help investors who prefer guided or advice-based investing.

Who Should Invest?

Choose Navi Mutual Fund if you:

• Prefer low-cost investing and want to minimize expense ratios.
• Believe in passive/index investing and want to track broad indices or specific sectors.
• Are comfortable managing your investments digitally, without needing in-person advisory.
• Want global exposure through FoFs, especially if you’re bullish on international markets.
• Are starting small and want a low minimum investment to begin with.

Choose Axis Mutual Fund if you:

• Are looking for active equity management and want to benefit from experienced fund managers.
• Want a diversified portfolio under a single AMC — equity, debt, hybrid, ETFs.
• Prefer the flexibility of hybrid or strategy funds, mixing growth and risk.
• Value the reputation and scale of a large AMC with a long-standing track record.
• Are okay with potentially higher fees, given the breadth and quality of offerings.

Conclusion

In comparing Navi Mutual Fund and Axis Mutual Fund, it’s clear that both AMCs are strong but serve different investor needs. Navi MF shines when it comes to low-cost, digital, index-based strategies and global FoFs, making it ideal for cost-conscious and tech-savvy investors who believe in passive investing. Axis MF, with its rich legacy, strong active management, and diverse fund suite (equity, hybrid, debt, ETFs), is better suited to those who want a full-service AMC and are comfortable paying for active expertise.

Ultimately, the choice depends on your financial goals, risk appetite, and investing style — or you can even invest in both to diversify across AMCs.