Axis Mutual Fund
Axis Asset Management Company Limited is Axis Mutual Fund’s Investment and Asset Manager. Axis Mutual Fund is one of India’s fastest-growing mutual fund houses in India. The company’s investment philosophy is laid on three principles – long-term wealth creation, outside-in view, and long-term relationships. The company boasts a well-rounded portfolio of more than 53 mutual fund schemes across categories like debt, equity, hybrid, etc. It maintains over 98 lakh investor accounts. Also, Axis Mutual Fund offers its services online and through more than 100 branches in India.
Top 10 Axis Mutual Fund Schemes to Invest in –
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Fund Name
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Category
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Risk
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1Y Returns
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Rating
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Fund Size (in Cr)
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| AXIS Small Cap Fund – Direct Growth | Equity | Very High | 20.16 | 5  |
9,261 |
| AXIS Small Cap Fund – Direct (IDCW) | Equity | Very High | 20.17 | - | 9,261 |
| AXIS Growth Opportunities Fund – Direct Growth | Equity | Very High | 9.71 | 5 |
7,445 |
| AXIS Growth Opportunities Fund – Direct (IDCW) | Equity | Very High | 9.71 | - | 7,445 |
| AXIS Midcap Fund – Direct Growth | Equity | Very High | 9.32 | 5 |
17,679 |
| AXIS Midcap Fund – Direct (IDCW) | Equity | Very High | 9.34 | 2 |
17,679 |
| AXIS Gold Fund – Direct Growth | Other | Moderately High | 4.81 | 4 |
266 |
| AXIS Gold Fund – Direct (IDCW) | Other | Moderately High | 4.81 | - | 266 |
| AXIS FTP – Series 104 – 1112Days (IDCW-Q) | Debt | Moderately Low | 11.18 | - | 110 |
| AXIS FTP – Series 104 – 1112Days (IDCW-H) | Debt | Moderately Low | 11.18 | - | 110 |
The main sponsors of Axis Mutual Fund are Axis Bank and Schroder Investment Management (Singapore) Limited (SIMSL). Axis Bank is India’s third-largest private sector bank. Its clientele includes retail investors, large and mid corporates, agriculture and retail firms, and MSME. The bank has over 2,400 domestic branches and 12,922 ATMs across India. It also has seven (7) international offices in Hong Kong, Dubai, Singapore, Colombo, Abu Dhabi, and Shanghai. Axis Bank has a balance sheet of INR .3,83,245 crores and a 5-year CAGR of 21% in Total Assets. Schroder Investment Management (Singapore) Limited (SIMSL) holds a 25% stake in Axis AMC through its subsidiary Schroder Singapore Holdings Private Limited (SSHPL). Schroders has a history of more than 200 years in asset management, managing investments worth £418.2 billion.
Axis Mutual Fund is headed by Mr Chandresh Kumar Nigam, Managing Director and Chief Executive Officer, and Mr Gopal Menon, Chief Operating Officer and Chief Financial Officer. Besides mutual funds, Axis AMC also offers Portfolio Management Services, Alternate Investment Funds, and Real Estate Funds. Axis AMC’s grew from INR 48,144.48 lakhs in FY20 to INR 65,528.82 lakhs in FY21. Its Profit After Tax (PAT) increased from INR 11,683.48 lakhs in FY20 to INR 24,372.47 lakhs in FY21. And its total comprehensive income grew from INR 11,603.95 lakhs in FY20 to INR 24,479.31 lakhs in FY21.
In the financial year 2021, Axis MF launched three new funds in the global sphere – Axis Global Equity Alpha Fund of Fund, Axis Greater China Equity Fund of Fund, and Axis Special Situations Fund. It also launched two new schemes in the ETF segment – Axis Technology ETF and Axis Banking ETF. Of the 54 schemes offered by Axis Mutual Fund, 16 are equity schemes, 17 are debt schemes, 6 are hybrid schemes, 7 are ETFs. The fund house also offers four investment packs, five solution-oriented schemes, and three international funds.
Axis Asset Management Company Limited – Key Information
| Mutual Fund Name | Axis Mutual Fund |
| Founded on | 4th September 2009 |
| Trustee | Axis Mutual Fund |
| Managing Director and Chief Executive Officer | Mr Chandresh Kumar Nigam |
| Chief Operating Officer and Chief Financial Officer | Mr Gopal Menon |
| Auditors | M/s S R Batliboi & Co. (Mutual Fund) and M/s Haribhakti & Co. (AMC) |
| Custodian and Fund Accountant | Deutsche Bank A.G.
222, Kodak House, Dr D.N. Road, Fort, Mumbai – 400 001. |
| Registrar and Transfer Agent | KFin Technologies Private Limited,
Selenium Building, Tower-B, Plot No 31 & 32 Financial District, Nanakramguda, Serilingampally, Hyderabad, Rangareddi, Telangana, India – 500 032 |
| Registered Office | Axis House, 1st Floor, C-2, Wadia International Centre, Pandurang Budhkar Marg, Worli, Mumbai 400025 |
How to Invest in Axis Mutual Funds on 5paisa?
You can invest in any Axis Mutual fund schemes via 5paisa App & Website.
You need to have an All-in-one account with 5paisa to start your mutual fund investments. If you do not have one, open an account today! Opening All-in-one account with 5paisa is simple and hassle-free
Below are the steps to invest in Axis Mutual Fund on 5paisa –
Step 1 – Login to 5paisa. If you do not have an account, you can register and create a new one right away.
Step 2 – Once logged in to your account, you can search for the preferred AXIS Mutual fund scheme. Alternatively, you can view All Mutual Funds and choose AXIS AMC from the filter.
Step 3 – Select the Best fund according to your criteria.
Step 4 – If you wish to invest a lumpsum amount, click on “One-Time”. Alternatively, you can start an SIP by clicking on “Start SIP”.
Step 5 – Once you have made the payment, you will see the investment status in your orderbook.
Your Axis Mutual Fund Investment with 5paisa is complete and you can enjoy the returns!
Download 5paisa App and start investing in Mutual Funds easily.
Axis Asset Management Company Limited – Top Fund Managers
Mr Jinesh Gopani
Mr Jinesh Gopani joined Axis Mutual Fund in September 2009 and was promoted as the Head of Equities in September 2016. Before joining Axis MF, he served Birla Sunlife as Portfolio Manager and Voyager India Capital as Senior Research Analyst. Mr Gopani’s educational qualifications include MBA, MMS Finance and Financial Management Services, and B.Com Finance. He has over 19 years of experience in portfolio and fund management. At Axis MF, he manages 12 mutual fund schemes.
Mr Anupam Tiwari
Mr Anupam Tiwari, Chartered Accountant, joined Axis Mutual Fund as Fund Manager in October 2016. Before joining Axis MF, he was associated with Principal PNB Mutual Fund and Reliance Life Insurance Company Limited as Equity Fund Manager and Reliance Capital Asset Management Company Limited as Senior Equity Analyst. Mr Tiwari manages 4 schemes at Axis MF, including Axis Small Cap Fund and Axis Equity Saver Fund.
Mr Shreyas Devalkar
Mr Shreyas Devalkar joined Axis Mutual Fund in November 2016 as Senior Fund Manager. Before joining Axis MF, he worked with BNP Paribas Asset Management (India) Pvt. Ltd as Fund Manager – Equity, IDFC AMC as VP Research – Equity analyst, IDFC Securities as VP Research – Equity analyst, and JP Morgan as Credit Analyst. He manages some of the top Axis MF schemes, including Axis Bluechip Fund, Axis Midcap Fund, Axis Multicap Fund, etc.