Best Axis Mutual Fund Schemes to Invest in 2022

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About Axis Mutual Fund – AMC

Axis Asset Management Company Ltd., the official name of Axis Mutual Fund, is the mutual fund investing arm of Axis Bank (previously known as Unit Trust of India), one of India’s largest private banks. Axis Bank holds 74.99% of AMC, while Schroder Singapore Holdings Private Limit holds the remaining 24%. Axis Mutual Fund is one of India’s most established fund houses. Axis Asset Management Company Limited is the Asset Management Company (AMC) that manages Axis’s mutual fund schemes. Since its establishment in 2009, the Mutual Fund House has a presence in over ninety cities. Axis Mutual Fund offers close to 58 mutual fund schemes in a variety of sectors to meet the diversified and expanding needs of individuals.

Fundamentals Of Axis Mutual Fund – AMC

Axis MF seeks to provide the highest quality investment services by adhering to the company’s basic values. The AMC manages the investments of over 20 million investors responsibly and is responsible for achieving investors’ financial goals. The fund managers at Axis Mutual Fund are exceptionally skilled in managing equities, debt, and hybrid mutual funds, and they have provided investors with consistent returns. The AUM of Axis Mutual Fund is exploding and reaching new heights, demonstrating a phenomenal increase over a short period of time. More than 300 distinct axis MF plans have been introduced so far, enabling every type of investor to achieve their financial goals.

Axis Mutual Fund’s success in the asset management industry is a direct result of its adherence to fundamental principles.

Work Ethic: The Axis MF team does not shy away from extra study and analysis of investment instruments.

Transparency: Axis Mutual Funds seek to ensure investing transparency by letting each investor to know where his or her money is invested. Investors are regularly informed of all assets and portfolios by the asset management company.

Commitment: The fund management staff is devoted to attaining the predetermined investment objectives and explores more efficient means to do so within ethical parameters.

Accepting Errors: Asset management is a dangerous endeavour, and Axis Mutual Fund accepts full responsibility for errors and poor judgments and seeks to prevent them in the future.

Pro-Activeness : Axis Mutual Funds explores creative tactics and possibilities to improve services and give optimal returns to investors using the most advanced technologies.

Humility: The fund house strives for credibility by assuming full responsibility for the hard-earned money invested by thousands of individuals around the nation.

Best Axis Equity Mutual Fund Schemes to Invest in 2022

Scheme	3-Year Return	AUM (INR)(Cr)
Axis Small Cap Fund	28.55%	11,064.88
Axis Midcap	21.95%	19,576.85
Axis Growth Opportunities Fund	21.28%	8,409.77
Axis Bluechip Fund	13.57%	36,371.15
Axis Long Term Equity Fund	12.08%	31,238.75
Axis Focused 25	11.92%	17,937.17

Source: AMFI ( Data as of 28/10/2022)

Top Axis Mutual Fund Managers

Mr. Jinesh Gopani

Jinesh Gopani has thirteen years of expertise in capital markets. He spent four of those years managing equity funds. Since 2011, he has been the Fund Manager of equities at Axis Asset Management Company Ltd., where he holds an MMS in Finance from Mumbai University. Prior to this role, he was the Assistant Fund Manager of equities. Before joining Axis Mutual Fund, he worked as the Portfolio Manager at Birla Sun Life Asset Management Company Ltd. Previously, he served as Portfolio Manager and Research Analyst with Voyager India Capital Pvt. Ltd.

Mr. Gopani’s principal funds include the Axis Long Term Equity Fund, the Axis Growth Opportunities Fund, and the Axis Focused 25 Fund.

Mr. Anupam Tiwari

Since 2016, Anupam Tiwari has been the Equity Fund Manager at Axis Mutual Funds. He was also the Senior Equity Analyst at Reliance Capital Asset Management Company Ltd., where he focused on infrastructure, utilities, media, and capital goods, among other industries.

Later, as Equity Fund Manager at Reliance Life Insurance Company Limited, Mr. Tiwari also oversaw mid cap and large cap portfolios. He held the same position at Principal PNB Mutual Fund after leaving his prior employer. Anupam Tiwari runs a number of funds, including Axis Small Cap Fund, Axis Equity Saver Fund, and Axis Dynamic Equity Fund.

Mr. Ashish Naik

Ashish Naik holds a PGDBM in Finance and Marketing from Jamshedpur’s XLRI. He also holds the designations of Chartered Financial Analyst (CFA) and Financial Risk Manager (FRM). Additionally, Mr. Naik possesses a Bachelor in Computer Engineering from the University of Mumbai. He began his career with Hexaware Technologies as a Software Engineer. Later, he joined Goldman Sachs as a Sell-side Equity Research Analyst and carried out a variety of responsibilities, including the creation of financial models for Korean and Malaysian institutions.

Mr. Naik began working for Axis Mutual Fund as a Research Analyst in 2009. His key responsibilities were risk analysis, portfolio performance, mutual fund marketing, industry structure study, etc. In 2016, he was promoted to Assistant Fund Manager at Axis, and in 2018, he was promoted to Fund Manager. Axis Regular Saver Fund, Axis Equity Hybrid Fund, Axis Children’s Gift Fund – Compulsory Lock-In, Axis Triple Advantage Fund, and Axis NIFTY ETF are among the important funds managed by Ashish Naik.

Mr. Shreyash Devalkar

Shreyash Devalkar holds a Bachelor of Chemical Engineering from UDCT, Mumbai, as well as a Master of Management Studies in Finance from Jamnalal Bajaj Institute of Management Studies.

In 1999, Mr. Devalkar began his career at Larsen & Toubro Limited as an Executive Engineer. In 2003, he went on to become a manager at Calyon Bank. In 2004, he was engaged by JP Morgan Services India Ltd. as an Analyst. He then became Vice President of Research at IDFC Capital Ltd. Later, Mr. Devalkar was promoted to the position of vice president of investments at IDFC Asset Management Company Ltd. In 2011, he was engaged by BNP Paribas Asset Management India Private Ltd as an Equity Analyst in the PMS branch. In the same year, he was promoted to Fund Manager of Equities for the same organization.

Since 2016, Mr. Devalkar has been the Senior Fund Manager for Axis Bank Mutual Fund investment programs. Shreyash Devalkar oversees a number of important funds, including Axis Multicap Fund, Axis Mid Cap Fund, and Axis Bluechip Fund. The Axis Bluechip Fund recorded a 21.5% return in FY 2017-18, a significant increase relative to other Bluechip Funds managed by other AMCs.

Mr. Viresh Joshi

Viresh Joshi holds the positions of Fund Manager and Chief Trader at Axis. He has more than twenty years of capital market expertise and a master’s degree in finance. He has represented domestic buy-side investors of ETFs, equity derivatives, and stocks in round-table conferences such as TradeTech and FIX. Previously, Mr. Joshi worked with ICICI Securities and BNP Paribas Securities.

Mr. R. Sivakumar

Sivakumar holds a Bachelor of Technology from the Indian Institute of Technology in Madras and an MBA from the Indian Institute of Management in Ahmedabad. 1998 marked the beginning of his career as a Research and Investment Analyst for Zurich India AMC and ITC Threadneedle AMC. Additionally, Mr. Sivakumar served as the Fixed Income Fund Manager for Sundaram Asset Management Company Ltd. He has also held the post of Fund Manager at Fortis Investments, where he progressed to Chief Operating Officer. R. Sivakumar has served as the Head of Fixed Income at Axis Mutual Fund in India since 2009. Among the significant schemes he manages are Axis Triple Advantage Fund, Axis Equity Saver Fund, Axis Equity Hybrid Fund, Axis Dynamic Equity Fund, Axis Dynamic Bond Fund, and Axis Children’s Gift Fund – Compulsory Lock-In.

How to Invest in Axis Mutual Funds?

There are three ways to invest in Axis Mutual Fund’s schemes:

Website of the Axis Mutual Fund

Mutual Fund Distributor registered under AMFI,

Kuvera

The first alternative allows direct investment in Axis Mutual Fund schemes through the organization’s website. If you are a new customer, you must set up an account on the website. If you are an existing client, you may just enter your user ID and password to access your account. However, if you invest in multiple mutual fund companies, you will need to repeat this step for each fund company. Additionally, you must track your investments independently with each fund house. This can be tiresome and time-consuming.

Investing through a distributor is an alternative, but the expense ratio would be higher because the distributor would earn a commission on your investment. As a result, returns from mutual fund schemes are reduced.

Through the Kuvera platform, investing in direct plans from Axis Mutual Fund without paying any commission or brokerage.

You need just register once to begin investing in schemes from several investment firms. Since Kuvera is a direct investment platform, you may choose from a variety of Axis Mutual Fund schemes with a lower expense ratio. Kuvera also allows you to track your existing portfolio. You can view your old and new investments in a single location, making it much easier to keep track of them and make more educated decisions.

In addition to the aforementioned, the Kuvera investment platform provides useful information such as the fund’s past performance, consistency of returns, fund history, expense ratio, and exit load, among other pertinent data.

You can invest in Axis direct mutual funds online through Kuvera and avoid paying commissions. It is the best platform to invest in mutual funds as it is 100% free and helps you find the right investment for your life goals.

To invest in mutual funds via Kuvera, follow the given steps:

Step 1: Sign up at www.kuvera.in.

Step 2: Complete the KYC requirements and link your bank account.

Step 3: Click on MF in the Explore section to choose mutual funds for investment.

KYC Required to Invest in Axis Mutual Fund/ Kuvera

KYC (Know Your Client) documentation include evidence of address and proof of identity. Here is a list of permissible officially valid documents.

PROOF OF IDENTITY

- Driving License
- Passport
- Aadhaar Card
- PAN Card (Mandatory)
- Voter ID Card
- Any other valid identity card issued by Central or State Government

PROOF OF ADDRESS

- Passport
- Ration Card
- Aadhaar Card
- Voter ID Card
- Driving License
- Bank account statement or bank passbook
- Utility bills like electricity or gas bills

While these are some of the basic paperwork requirements, submitting all of them is a lengthy process that can delay your investment plans. Here, Kuvera provides a paperless and rapid answer.

By uploading photographs of your identity and address proofs, you may submit your KYC in under two minutes. This includes your PAN and one of the following documents: Aadhaar, Voter ID, Driver’s License, or Passport, together with your signature, a selfie, and a live video proving your identity: The short KYC process of Kuvera makes investing simple and hassle-free.

How to Download Axis Mutual Fund Investment Statement?

Enter your Folio Number or PAN Number and get your Axis Mutual Fund investment statement mailed to your registered email id

Follow the given Steps:

Step-1 : Go to the Axis Mutual Fund Website

Step-2 : Enter your Folio Number or PAN Number

Step-3 : Pick a Timeframe

Step-4 : Click on “Email Statement” button

FAQ

How safe it is to invest in Axis Mutual Funds?

Axis Mutual Fund is one of the country’s largest Asset Management Companies (AMCs) and is regulated by SEBI. Regarding safety, it will depend on how you define the term. When it comes to market-linked assets such as mutual funds, no AMC can guarantee your capital’s safety. It is prudent to evaluate and select a fund that meets your financial objectives, risk tolerance and investment horizon.

What are ELSS Fund?

Equity Linked Saving Scheme (ELSS) is a type of mutual fund scheme that invests largely in the stock market or Equity, as its name suggests. Under section 80C of the Income Tax Act, investments of up to Rs. 1.5 lac in ELSS mutual funds qualify for a tax deduction. The advantage of ELSS over other tax-saving tools is its 3-year lock-in period. This implies you can only sell your investment three years after the purchase date! However, to maximize earnings from ELSS funds, it is advised to maintain your investments for as long as feasible. Each installment of an ELSS SIP (Systematic Investment Plan) has a three-year lock-in period, which implies that each installment has a separate maturity date.

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