Axis Asset Management Company Limited

Axis Asset Management Company Limited

Axis Asset Management Company Ltd., commonly known as Axis Mutual Fund, is the investment arm of Axis Bank, one of India’s leading private sector banks. Axis Bank holds a 74.99% stake in the AMC, with the remaining 24% owned by Schroder Singapore Holdings Private Limited. Founded in October 2009, Axis Mutual Fund operates on three core principles: Customer-centric approach – Engaging with clients in a way that helps them make informed investment decisions. Focus on long-term wealth creation – Encouraging investors to adopt a long-term strategy for building wealth and playing a vital role in their financial management. Building enduring relationships – Cultivating connections with investors that go beyond mere financial transactions. As of March 31, 2024, Axis Mutual Fund manages assets worth ₹2.74 lakh crores across its schemes. It boasts a global presence, with 31 investment teams operating in 19 countries across regions like the Middle East, Europe, the Americas, and Asia. Axis Mutual Fund offers a diverse portfolio of 53 schemes and is available in over 100 cities across India, with 9.8 million active investor accounts.

List of Axis Asset Management Company Limited in India

Fund Name

Rating

1Y Return

3Y Return

Fund Size (in Cr)

Axis Value Fund Direct Growth

4

29.53%

22.96%

₹785.25 Cr

Axis Multicap Fund Direct Growth

4

33.00%

22.58%

₹6807.34 Cr

Axis Small Cap Fund Direct Growth

4

25.27%

20.85%

₹24353.17 Cr

Axis Midcap Fund Direct Plan Growth

3

30.46%

17.58%

₹30329.59 Cr

Axis Gold Fund Direct Plan Growth option

NA

22.00%

16.53%

₹696.01 Cr

Axis Growth Opportunities Fund Direct Growth

4

25.65%

15.44%

₹14007.12 Cr

Axis Quant Fund Direct Growth

NA

13.23%

13.77%

₹1069.35 Cr

Axis Balanced Advantage Fund Direct Growth

4

19.22%

13.19%

₹2599.22 Cr

Axis Retirement Fund - Dynamic Plan Direct Growth

NA

25.28%

12.58%

₹387.54 Cr

Axis Innovation Fund Direct Growth

NA

28.38%

12.20%

₹1233.51 Cr

Axis Global Equity Alpha Fund of Fund Direct Growth

NA

26.32%

12.18%

₹833.59 Cr

Axis Nifty 100 Index Fund Direct Growth

NA

12.21%

11.64%

₹1709.89 Cr

Axis Nifty 50 Index Fund Direct Growth

NA

10.22%

11.04%

₹575.83 Cr

Axis Global Innovation Fund of Fund Direct Growth

NA

30.78%

10.98%

₹508.64 Cr

Axis Flexi Cap Fund Direct Growth

2

23.37%

10.73%

₹12854.88 Cr

Axis Retirement Fund - Aggressive Plan Direct Growth

NA

20.35%

10.49%

₹921.99 Cr

Axis Equity Savings Fund Direct Plan Growth

4

12.34%

9.43%

₹1014.59 Cr

Axis ESG Integration Strategy Fund Direct Growth

2

16.74%

9.07%

₹1334.37 Cr

Axis Aggresive Hybrid Fund Direct Growth

2

16.39%

8.45%

₹1615.65 Cr

Axis Retirement Fund - Conservative Plan Direct Growth

NA

13.24%

8.43%

₹74.56 Cr

Key information about axis mutual funds

Mutual fund name

Axis Mutual Fund

Asset Management Company Name

Axis Asset Management Company Limited

AMC Setup Date

4 Sep 2009

AMC Incorporation Date

13th January 2009

Sponsor Name

Axis Bank Limited

Trustee Organisation

Axis Mutual Fund Trustee Limited

CIO

Mr Jinesh Gopani (Equity) and Mr R. Sivakumar (Fixed Income)

MD and CEO

Mr Chandresh Kumar Nigam

Compliance Officer

Mr Darshan Kapadia

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How can you invest in axis mutual funds Mutual Funds

To invest in axis mutual funds Mutual Funds through the Lemonn App, you can follow these general steps:


Step 1 : Download the Lemonn App

If you haven't already, download the Lemonn App from the Google Play Store or Apple App Store.


Step 2 : Sign up / Log in

Sign up by providing your phone number and completing the basic registration process.

If you already have an account, simply log in.


Step 3 : Complete KYC

Before investing, ensure your KYC (Know Your Customer) verification is complete. Most mutual fund apps will guide you through this. You’ll need PAN, Aadhaar, and other necessary details.


Step 4 : Search for axis mutual funds Mutual Funds

Once your KYC is done, search for the axis mutual funds Mutual Fund schemes you're interested in by using the search bar.


Step 5 : Choose a Scheme

You will see a list of various funds under axis mutual funds. Explore the options, check their performance, risk profile, and investment objectives.

Choose a scheme that aligns with your investment goals (e.g., equity, debt, hybrid funds).


Step 6 : Decide on the Investment Amount

You can either make a lump sum investment or set up a SIP (Systematic Investment Plan) to invest a fixed amount periodically.


Step 7 : Confirm the Investment

Enter the amount you wish to invest.

Review the details and confirm the payment method (Net Banking, UPI, etc.).

After making the payment, you will receive a confirmation of your investment.


Step 8 : Track Your Investment

You can track the performance of your axis mutual funds Mutual Funds on the Lemonn App dashboard. It will show NAV, returns, and other key details.


If you need any assistance, the Lemonn App usually has customer support or chat options to help. Keep an eye on expenses like entry/exit loads and expense ratios to optimize returns!

Top Fund Managers

Mr. Jinesh Gopani
Jinesh Gopani has 13 years of experience in capital markets, with 4 years dedicated to managing equity funds. He holds an MMS in Finance from Mumbai University and has been the Fund Manager of Equities at Axis Asset Management Company Ltd. since 2011, after serving as the Assistant Fund Manager of Equities. Before joining Axis Mutual Fund, Mr. Gopani was with Birla Sun Life Asset Management Company Ltd. as a Portfolio Manager. He also previously worked as a Portfolio Manager and Research Analyst at Voyager India Capital Pvt. Ltd.

Mr. Shreyash Devalkar
Shreyash Devalkar holds a Bachelor’s degree in Chemical Engineering from UDCT, Mumbai, and an MMS in Finance from Jamnalal Bajaj Institute of Management Studies. Mr. Devalkar started his career in 1999 as an Executive Engineer at Larsen & Toubro Limited. He then moved on to Calyon Bank in 2003 as a manager, followed by a role as an Analyst at JP Morgan Services India Ltd. in 2004. He later became the Vice President of Research at IDFC Capital Ltd. and eventually served as the Vice President of Investments at IDFC Asset Management Company Ltd.

Mr. Ashish Naik
Ashish Naik holds a PGDBM in Finance and Marketing from XLRI, Jamshedpur, and is a Chartered Financial Analyst (CFA) and Financial Risk Manager (FRM). He also has a Bachelor’s degree in Computer Engineering from the University of Mumbai. Mr. Naik began his career as a Software Engineer at Hexaware Technologies. He later joined Goldman Sachs as a Sell-side Equity Research Analyst, where he was responsible for creating financial models for banks in Korea and Malaysia.

Mr. R. Sivakumar
R. Sivakumar holds a BTech degree from the Indian Institute of Technology, Madras, and an MBD degree from the Indian Institute of Management, Ahmedabad. He began his career in 1998 as a Research and Investment Analyst at Zurich India AMC & ITC Threadneedle AMC. Mr. Sivakumar has also served as the Fund Manager for Fixed Income at Sundaram Asset Management Company Ltd. Later, he worked as a Fund Manager at Fortis Investments, where he eventually became the Chief Operating Officer.

Mr. Hitesh Das
He holds a PGDM, M.Tech, and B.Tech. Before joining Axis Mutual Fund, he gained experience working with Credit Suisse Securities (India) Pvt. Ltd., Barclays Securities India Pvt. Ltd., Yes Bank, and Ebusinessware (India) Pvt. Ltd.

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FAQs

1.Should I invest in an Axis Mutual fund scheme?

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Whether you should invest in Axis Mutual Funds or not depends on your goals. In addition to assessing their returns over several timelines, evaluate the schemes based on risk, volatility, returns, the fund manager’s experience, and your own return expectations and risk tolerance.

2.How to Start Axis Mutual Fund SIP online?

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There are two ways to start Axis Mutual Fund SIP. For a hassle-free investing experience, you can invest in Axis Mutual Fund SIP online through the Lemonn app. Alternatively, you can start investing in Axis Mutual Fund SIP online through Axis Mutual Fund AMC official website.

3.How to redeem Axis Mutual funds Online?

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There are two ways of doing this. You can initiate your redemption request by Lemonn app. Alternatively, you can also redeem your investments by visiting the Axis Mutual Fund AMC website.

4.How much time does it take to redeem the Axis Mutual funds?

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The proceeds of equity, debt, and conservative hybrid funds are generally transferred to your registered bank account within 2-4 working days of the withdrawal initiation. Redemption of liquid funds takes 1-2 working days.

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