Last Updated - 2018-04-16
Rated 4/5 based on 73 customer reviews
The objective of Axis Mutual Fund House is to encourage investors to build a long-term perspective of the mutual fund category. Axis AMC aims at providing quality financial and investment solutions with a strong emphasis on risk management, planning, and customer-centric approach. The business philosophy of Axis AMC is based on three principles: Investor at the heart of every decision, enduring wealth creation and long-term relationships.
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Incorporated in 2009, Axis Mutual Fund is sponsored by Axis Bank Limited. Axis Bank is the third largest private sector bank in India. Axis Bank is promoted by SUUTI, LIC, GIC, National Insurance Company Ltd., the New India Assurance Company Ltd., the Oriental Insurance Company Ltd. and United India Insurance Company Ltd.
Axis AMC - Axis Asset Management Company Limited is a public limited company. Axis AMC is joint venture between Axis Bank and Schroders Investment Management (Singapore) Limited (SIMSL) where 75% of equity shares is with Axis bank Limited and 25% equity shares are with SIMSL through its wholly owned subsidiary, Schroders Singapore Holdings Private Limited (SSHPL), a subsidiary of Schroders plc.
Schroders Group is a leading international asset management group and is among the 100 largest companies listed on the London Stock Exchange.
Axis Mutual Fund Trustee Limited is the exclusive owner of the Fund and holds the same in trust for the benefit of the unit holders.
The fund house provides an integrated end-to-end customized asset management solution for institutions in terms of advisory service, discretionary and non-discretionary portfolio management services. The company has presence in 90+ cities spread all over India. Axis MF is using Karvy Official Points of Acceptance for form collections and other activity. The AMC also offer alternate asset investment products through Alternative Investment Funds.
Axis AMC manages 59 schemes of Axis Mutual Fund out of which 19 are open-ended and 39 close-ended schemes and 01 capital protection scheme.
Axis Funds Management is engaged in offering:
In terms of Customer Service, Axis Mutual Fund customer support is technology focused. Axis MF provides a toll-free number and E-mail for any query and support related to new investment or existing investment needs. Chat facility in business hrs and local support by certified AMFI Agents and branch office in major cities are also available.
Toll-free # 1800 221 322 / 1800 3000 3300
Email support - [email protected]
|Year||Quater||FundValue (Rs Lakhs)||Difference from previous quater|
|2018||Q3 (Oct-Dec)||8167014.35||-600833.82 (-6.85 %)|
|2018||Q2 (Jul-Sep)||8767848.17||842628.2 (10.63 %)|
|2018||Q1 (Apr-Jun)||7925219.97||187471.93 (2.42 %)|
|2017||Q4 (Jan-Mar)||7737748.04||395245.12 (5.38 %)|
|2017||Q3 (Oct-Dec)||7342502.92||428048.36 (6.19 %)|
|2017||Q2 (Jul-Sep)||6914454.56||548546.37 (8.62 %)|
|2017||Q1 (Apr-Jun)||6365908.19||589442.89 (10.2 %)|
|2016||Q4 (Jan-Mar)||5776465.3||841512.83 (17.05 %)|
|2016||Q3 (Oct-Dec)||4934952.47||209407.6 (4.43 %)|
|2016||Q2 (Jul-Sep)||4725544.87||630916.77 (15.41 %)|
|2016||Q1 (Apr-Jun)||4094628.1||318173.73 (8.43 %)|
|2015||Q4 (Jan-Mar)||3776454.37||320105.49 (9.26 %)|
|2015||Q3 (Oct-Dec)||3456348.88||269430.16 (8.45 %)|
|2015||Q2 (Jul-Sep)||3186918.72||341597.28 (12.01 %)|
|2015||Q1 (Apr-Jun)||2845321.44||173580.8 (6.5 %)|
|2014||Q4 (Jan-Mar)||2671740.64||250451.04 (10.34 %)|
|2014||Q3 (Oct-Dec)||2421289.6||159763.77 (7.06 %)|
|2014||Q2 (Jul-Sep)||2261525.83||223000.62 (10.94 %)|
|2014||Q1 (Apr-Jun)||2038525.21||410073.7 (25.18 %)|
|2013||Q4 (Jan-Mar)||1628451.51||155530 (10.56 %)|
|2013||Q3 (Oct-Dec)||1472921.51||241166.82 (19.58 %)|
|2013||Q2 (Jul-Sep)||1231754.69||-10861.59 (-0.87 %)|
|2013||Q1 (Apr-Jun)||1242616.28||1242616.28 ( %)|
AUM stands for assets under management or funds under management and is a measure how much money an asset management company (AMC) manages on behalf of clients. Value of AUM is calculated as sum of total holdings * most recent market price for each holding. Axis Mutual Fund has been ranked number 9 in terms of AUM in Indian Mutual Fund market.
The objective of Axis Equity Fund is the long term capital appreciation through investing in equity shares of companies across large, mid and small market capitalization and different sectors as per the nature of the scheme. The risk factor in such schemes is usually high to moderately high. In compare to CRISIL Large, Small and Mid cap Index, S&P BSE 200, S&P BSE Midcap, S&P BSE SENSEX, NIFTY 50 Axis Equity Mutual Funds performed better in 2017-2018. There are 8 schemes offered by Axis MF in this category. .
Axis Equity Fund, Axis Focused 25 Funds, Axis Midcap Fund, Axis Long Term Equity Fund and Axis Multicap Fund are popular funds in this category.
The objective of Debt/Income fund is to generate regular income for medium or short term through investments in Debt and Money Market Instruments, Corporate Bonds and Government Securities. The risk in such schemes is moderate. Investments are done based on a continuous evaluation of macroeconomic factors, market dynamics and debt-issuer specific factors. Overall performance matrix compare to CRISIL index are average for Axis Debt Funds.
The schemes in this category are Axis Treasury Advantage Fund, Axis Short Term Fund, Axis Dynamic Bond Fund, Axis Corporate Debt Opportunities Fund, Axis Regular Savings Fund, Axis Fixed Income Opportunities Fund, Axis Banking And PSU Debt Fund.
The objective of Axis Hybrid Schemes is to generate long-term capital appreciation and current income through investment in equity and equity related instruments, Gold, Hedged Equity/ Cash Futures Arbitrage, as well as fixed income securities (debt and money market securities). The risk in such schemes is moderate. Equity Investment in such schemes are around 30 to 50% which is for long-term growth and other investment like debt, gold and/or Hedged Equity/ Cash Futures Arbitrage (30-50%) are for regular income.
The Schemes in this category are Axis Income Saver, Axis Children Gift Fund, Axis Triple Advantage Fund.
The funds under this category invest predominantly in floating rate securities and Money Market instruments to generate opportunities for regular income. The risk factor is low in these schemes and return is also low, but higher than bank interest rate and high in liquidity. Ideal investment horizon in liquid fund is between 1 day to 3 months. Liquid fund invests in securities with residual maturity less than 91 days.
There is one scheme in this category namely Axis Liquid Fund.
Axis Arbitrage Fund takes the advantage of opportunities in the cash and the derivative segments of the equity markets including the arbitrage opportunities available within the derivative segment, by using other derivative based strategies and by investing the balance in debt and money market instruments. There is one scheme in this category namely Axis Enhanced Arbitrage Fund. The benchmark of Axis Exchange Arbitrage Fund is Crisil Liquid Fund Index and this fund is generating average return.
Axis MF offer 2 gold funds namely Axis Gold ETF and Axis Gold Fund. The Gold funds are for long-term horizon from 3 to 10 years.
Axis Gold Fund offers you systematically investing in gold each month through SIP (Systematic Investment Plan) with an objective to generate returns that closely correspond to returns generated by Axis Gold ETF. Investment in gold can start from Rs 1000 PM from SIP option or Rs 5000 lump sum option. No making charges, no storage charges and no safe-keeping worries.
Axis Gold ETF invest in gold with an objective to generate returns that are in line with the performance of gold. It is a mutual fund scheme that lets you buy gold without the necessity of taking physical delivery or of the associated risks of physical storage or of impurities.
Objective of Axis Equity Linked Savings Scheme (ELSS) is 2 in 1 benefit of wealth creation and tax rebate under 80C of the IR Act, 1961. An Equity Linked Savings Scheme (ELSS) are open-ended Equity Mutual Funds which give the opportunity to grow wealth with tax saving. Shortest lock-in period of 3 years under Axis Long Term Equity Fund. Asset allocations under Axis Long Term Equity Fund are 50 to 100% in large-cap equity and 0 or 50% in mid-cap equity.
This fund is popular among investors for providing an opportunity to generate safe returns similar to that of 10-year government bonds. The fund offered by Axis in this category is AXIS CONSTANT MATURITY 10 YEAR FUND.
Family Solution Tool / Financial Planning Tool are the tools to assess your risk profile, define your goal and then invest. You achieve your financial goals by getting the right investment plans, performing a risk appetite check and invest accordingly. The goals to keep in mind are:
This is a tool which helps the investor to determine the expected Maturity amount (approx) depending on mutual fund scheme, monthly investment amount, duration of investment and expected rate of return.
This tool allows you to calculate the value/amount in the scheme 1 and scheme 2 when you choose STP between two schemes.
It helps to determine the total withdrawal amount from a scheme and current value available in the scheme.
Axis Fact Sheet is a monthly summary of schemes. Axis produce monthly fact sheet with market outlook and details about each scheme with reference to Fund Manager, Fund Size, NAV as of previous month, Volatility Measures, Expense Ratio, Load Structure, Mutual Fund Holding information, Industry Allocation, Expense ratio, Benchmark, Sharp Ratio (Measure of Risk Adjustment Return), Dividend History and many more useful information. The Axis Mutual Fund Fact Sheets/Fundamental Monthly Reports is available online, to download reports - download reports
|AMC||Category||Number of Funds|
|Axis Mutual Fund||Other ETFs||1|
|Axis Mutual Fund||Liquid||1|
|Axis Mutual Fund||Income||33|
|Axis Mutual Fund||Growth||12|
|Axis Mutual Fund||GOLD ETFs||1|
|Axis Mutual Fund||Gilt||1|
|Axis Mutual Fund||Fund of Funds - Domestic||1|
|Axis Mutual Fund||ELSS||1|
|Axis Mutual Fund||Balanced||2|
|Axis Mutual Fund||Income||1|
|Axis Mutual Fund||Hybrid Scheme - Aggressive H||1|
|Axis Mutual Fund||Growth||1|
|Axis Mutual Fund||Equity Scheme - Large &||1|
|Axis Mutual Fund||Debt Scheme - Ultra Short Du||1|
|Axis Mutual Fund||Debt Scheme - Overnight Fund||1|
The Axis Mutual Fund online portal axismf.com is a quick, convenient and efficient tool that lets you carry out and manage your investments online, Axis MF gave a slogan for online investment portal as "EasyInvest”. The online portal also lets you create watch-lists to keep a close track of your chosen funds, set alert notifications to get the information you need, Reports - like Account Statement, Capital Gains Statement, SIP investment start and return on SIP investment and many more.
For offline mode of investment, you have to contact a representative of an empanelled distributor of Axis AMC as well as Karvy Computershare Private Limited Investor Service Centers. You have to fill paper based application forms and KYC forms.
Axis Mutual Fund offer EasyApp mobile app to perform all financial transactions on-the-go such as browse through funds, plan for your financial goals, register, invest, switch, redeem and track performance of the funds on your fingertips. With Axis MF EasyApp, investor can switch and start SIP using internet banking. Existing Investor can use "EasyInvest" user id and password to login. New KYC verified investor can open account using EasyApp.
Currently Axis Mutual Fund EasyApp is available only for android version.
"EasySMS" facility enables investors (who have a registered folio with Axis Mutual Fund) to purchase/redeem/switch the units of a scheme by sending SMS from their mobile phone number registered with AMC.
"EasyCall" facility enables investors (who have a registered folio with Axis Mutual Fund) to purchase/redeem/switch the units of a scheme by call from their mobile phone number registered with AMC. You can get Account statement, Latest NAV, Account Balance Enquiry over call.
Invest in Axis Mutual Funds via BSE STAR Platform and MFSS Platform from NSE.
Transactions through MF Utility ("MFU")
Investor can buy MF via www.mfuindia.com.
|Year||Folio Count||Folio Count difference from last year||Complaint Count||Complaint %|
|2017-2018||2723311||621268 (29.56 %)||382||0.01%|
|2016-2017||2102043||436135 (26.18 %)||489||0.02%|
|2015-2016||1665908||645078 (63.19 %)||617||0.04%|
|2014-2015||1020830||443748 (76.9 %)||813||0.08%|
|2013-2014||577082||111725 (24.01 %)||855||0.15%|
|2012-2013||465357||59756 (14.73 %)||361||0.08%|
|2011-2012||405601||95343 (30.73 %)||1538||0.38%|
|2010-2011||310258||310258 ( %)||6579||2.12%|
Axis Mutual Fund - Active Customer/Folio Count and Complaints table give you company performance in term of growth and customer satisfaction in term of complaints count and complaints % with respective of total folio.
Axis AMC is backed by India's 3rd largest private sector bank and well-known name in banking and financial service sector. Funds offered by AMC have historically generated the best value among various investments across multiple asset classes. Axis Focused 25 Fund (Growth and Direct) in the diversified Funds category and Axis Liquid Fund (Growth and Direct) in Liquid Funds category have Crisil ranked second offered by AXIS AMC. Other notable funds are Axis Regular Saving Fund, Axis Equity Saver Fund, and Axis Long-term Equity Fund which is an open-ended equity-linked savings Scheme (ELSS) with a 3 year lock-in and tax benefits. Though customer service offered by AMC is not that satisfactory as per the reviews and can be improved.
If you like what you have read and want to choose Axis Mutual Fund or any other AMC, leave your contact information with us and we will guide you.