Overview of Axis Mutual Fund
Are you thinking about investing your hard-earned money but not sure about where to start? Do not worry because Axis Mutual Fund helps you to make investing strategic, simple and profitable.
It is a 16-year-old asset management company that started in the year 2009. The fund house is managed by Axis Bank known as one of India’s third-largest private bank. With its 72 schemes, this AMC manages Rs 2,66,826 crores of assets under management. Whether you want to invest safe or make high returns, it provides schemes according to your needs. These schemes include 16 equity, 14 debt, 6 hybrid, 20 index funds and many more.
Over time, this AMC has built a strong reputation in the financial market. The reason is its investing strategy, key advantages and top 5 Axis mutual fund schemes. This article will give you in-depth details of everything so keep reading.
Investing Strategy of Axis Mutual Fund
One thing that plays an important role in any AMC growth is how it invests. By combining growth and stability, the Axis fund house uses a strategy that helps to achieve both. The biggest reason for Axis fund house growth is its ability to invest in the right stocks. It uses bottom-up stock selection that helps to only invest in stocks that have the potential to grow investments.
Investing in only one sector is not just risky but also limits growth. This is why every scheme of the Axis mutual fund focuses on spreading the portfolio into different sectors. Because your portfolio is diversified, it reduces the risk. Investing in the right stocks does not mean the investment is safe. This is why expert fund managers adjust your portfolio from time to time. In simple words, the fund managers adjust your portfolio according to the market conditions.
By using this investing strategy that combines quality stock selection, diversification and active management, Axis mutual funds aims to provide long-term wealth.
Now this time to see some of the advantages that you get when you choose to invest in Axis funds.
Advantages of Investing in Axis Mutual Fund
You get a lot of benefits when you choose Axis mutual funds for investing:
- Strong Fund Management
You know every axis scheme is managed by expert fund managers who have years of experience. When you invest in axis schemes, your portfolio is managed by these fund managers who know where to invest and how to reduce risk.
- Investment Flexibility
Imagine you are an investor who does not want to invest a large amount at once, so do not worry. You can invest through a SIP (systematic investment plan) that helps you to invest small and grow money over time. - Tax Benefits
If you do not want to pay a large amount of your returns on taxes then the axis ELSS scheme helps you. This scheme is eligible for tax deduction under section 80C of the Income Tax Department. It means you have to pay less tax on your returns compared to other schemes.
This time to take a look at the best Axis mutual fund that can make your investment profitable.
Best Axis Mutual Funds for Investment
If you are looking to invest in Axis funds then these top 5 axis mutual fund schemes you should know:
1. Axis Multicap Fund
Category: Equity Multi Cap
5-Year CAGR: 19.38%
Minimum SIP Investment: Rs. 100
Assets Under Management (AUM): Rs. 6,347 Crore
2. Axis Smallcap Fund
Category: Equity Small Cap
5-Year CAGR: 21.28%
Minimum SIP Investment: Rs. 100
AUM: Rs. 23,139 Crore
3. Axis Midcap Fund
Category: Equity Mid Cap
5-Year CAGR: 18.26%
Minimum SIP Investment: Rs. 100
AUM: Rs. 28,380 Crore
4. Axis Growth Opportunity Fund
Category: Equity Growth Fund
5-Year CAGR: 21.60%
Minimum SIP Investment: Rs. 100
AUM: Rs. 12,596 Crore
5. Axis ELSS Tax Saver Fund
Category: Equity ELSS
5-Year CAGR: 11.52%
Minimum SIP Investment: Rs. 500
AUM: Rs. 34,496 Crore
After knowing about the best Axis mutual fund, this time to see why Axis fund is good for you.
Why Is It Good to Invest in Axis Bank Mutual Fund?
While the financial market is full of options, investing in Axis fund is good for many reasons:
- Strong Past Performance
The past performance of the Axis mutual fund is shows why it is a good AMC. Its schemes like Axis Multi Cap and Axis Small Cap Fund have outperformed their benchmarks by delivering approximately 10% higher returns. - Transparency of Investment
To build trust among investors, this AMC provides you detailed portfolio performance, fund holding and expenses. This transparency helps investors to know how their investments are performing in mutual funds so they can invest confidently. - Easy to Invest Small
If you like to invest with lower risk, then investing in Axis funds is a great way. You can invest in Axis funds with a SIP plan that helps you to start with a small amount of Rs 100. When you invest small, it reduces the risk of losing big money.
After learning about this great AMC, its time to move to the final part of this article.
Final Thoughts
In short, the Axis is a great fund house to start the investing journey in the mutual funds. With a strong investing strategy and a team of experts, this AMC builds a foundation for great investment. Over the past few years, the fund house earned the trust of so many investors like you who are growing their money. This is the reason why this fund house holds a position in the top 10 AMCs in India with over 20 Lakh investors.
You can also invest in axis funds through a SIP plan that helps you to grow money with lower risk. You can start this plan by investing a small amount at set times. Because you are investing small, it helps you to reduce the risk of losing big money. So if you are planning to invest in Axis funds, this might be a good plan for you.
