Groww vs Axis Mutual Fund: Which Mutual Fund House is Better for You?

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Last Updated: 14th October 2025 - 05:39 pm

4 min read

Groww Mutual Fund and Axis Mutual Fund are two of India’s rapidly growing AMCs, each with unique strengths and investor appeal. Groww AMC, with an AUM of ₹2,000 crore as of June 2025, is a new-age, digital-first fund house that focuses on making investing simple and accessible for first-time investors. On the other hand, Axis Mutual Fund, with a massive AUM of ₹3.3 lakh crore (June 2025), is one of the leading fund houses in India, backed by Axis Bank’s strong financial ecosystem and trusted by millions of investors.

Both AMCs bring different advantages: Groww focuses on transparency and ease of use, while Axis offers a wide range of equity, debt, hybrid, and tax-saving solutions. Let’s explore which AMC is better for your financial journey.

About the AMCs

Particulars Groww Mutual Fund Axis Mutual Fund
Overview A digital-first AMC launched by Groww, one of India’s top investment platforms. Established in 2009, backed by Axis Bank.
Product Range AUM (June 2025): ₹2,000 crore. AUM (June 2025): ₹3.3 lakh crore.
Market Presence Focuses on index funds, passive funds, and simple SIP plans. Offers a wide range of equity, debt, hybrid, ETFs, and ELSS funds.
Investor Appeal Best suited for young, first-time investors. Trusted by retail, HNI, and institutional investors alike.
Performance Low-cost offerings with transparent expense ratios. Known for consistent performance in equity and hybrid categories.

Fund Categories Offered

Groww Mutual Fund

  • Index Funds
  • Exchange-Traded Funds (ETFs)
  • Passive Equity Funds
  • Simple SIP Plans (starting at ₹500 per month)

Axis Mutual Fund

  • Axis Equity Funds (Large-cap, Mid-cap, Small-cap, Flexi-cap)
  • Axis Debt Funds (Liquid, Corporate Bond, Short Duration)
  • Axis Hybrid Funds
  • Axis Index Funds & ETFs
  • Axis ELSS (Equity Linked Savings Scheme for tax saving)
  • Axis International Funds

Top Funds of Each AMC

These funds are widely regarded as the top AMC mutual funds for 2025 in their respective categories.

Find out which fund performs best by visiting our page to compare mutual funds today.

Groww Mutual Fund Strengths

  • Digital-first innovation: Tailored for tech-savvy investors using Groww’s app and online portal.
  • Low entry SIP options: Start SIPs with just ₹500 per month, making it budget-friendly.
  • Transparent offerings: Simple index funds and passive schemes with low expense ratios.
  • Perfect for beginners: No complex portfolio management; easy to understand schemes.
  • Seamless integration: Groww AMC connects directly with Groww’s stock and investment platform.
  • Young investor appeal: Focused on millennials and Gen Z entering the investment world.

Axis Mutual Fund Strengths

  • Large AUM & credibility: With ₹3.3 lakh crore (June 2025), Axis AMC is among India’s top 10 fund houses.
  • Strong performance in equity: Axis Equity Funds like Bluechip and Small Cap have delivered robust long-term returns.
  • Tax-saving edge: Axis ELSS is one of the top Axis mutual funds for tax saving under Section 80C.
  • Diversified portfolio: Offers everything from Axis Debt Funds to aggressive equity growth funds.
  • Strong SIP book: One of the most preferred AMCs for SIP investors, thanks to consistent mutual fund returns.
  • Trusted brand: Backed by Axis Bank, ensuring reliability and distribution strength.
  • Best Axis Mutual Funds 2025: Popular among both conservative and aggressive investors.

Who Should Invest?

The right AMC for you depends on your goals, experience, and investment style.

Choose Groww Mutual Fund if you:

  • Are a first-time investor who values simplicity and transparency.
  • Prefer low-cost passive funds such as index funds and ETFs.
  • Want to open SIP with Groww starting at ₹500 per month.
  • Already use the Groww app and want integrated portfolio management.
  • Focus on building long-term wealth gradually with easy-to-track schemes.

Choose Axis Mutual Fund if you:

  • Want access to diverse Axis investment schemes across equity, debt, hybrid, and ELSS.
  • Prefer proven Axis equity funds for long-term growth.
  • Need tax benefits via Axis ELSS.
  • Look for best Axis mutual funds for SIP with consistent returns.
  • Trust an established AMC with strong brand credibility and a wide distribution network.

Conclusion

Both Groww AMC and Axis AMC bring unique value propositions to the table. Groww Mutual Fund is best suited for beginners and young investors who want simple, cost-effective solutions and prefer digital-first investing. On the other hand, Axis Mutual Fund is a powerhouse AMC with a wide range of equity, debt, and hybrid funds, making it ideal for long-term investors seeking diversification, stability, and tax-saving benefits.

In short: Groww MF is for simplicity and accessibility, while Axis MF is for diversification and proven long-term wealth creation.

Explore our options in mutual fund and find one that aligns with your financial goals.

Frequently Asked Questions

What is the AUM of Groww Mutual Fund and Axis Mutual Fund? 

Which Groww fund is best for SIP? 

Is Axis Mutual Fund good for long-term investment? 

Can I buy Groww and Axis Mutual Funds online? 

Which AMC is better for tax saving? 

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