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.
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
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
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!
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.
ITI Asset Management Limited
IDBI Asset Management Limited
IDFC Asset Management Company Limited
NJ Asset Management Private Limited
Bandhan Asset Management Company Limited
Groww Asset Management Ltd.
Kotak Mahindra Asset Management Co Ltd
HSBC Asset Management(India)Private Ltd
Mahindra Manulife Investment Management Pvt. Ltd.
Zerodha Asset Management Private Limited
Helios Capital Asset Management (India) Private Limited
Sundaram Asset Management Company Ltd
Aditya Birla Sun Life AMC Ltd
Shriram Asset Management Co Ltd
360 ONE Asset Management Limited
Invesco Asset Management (India) Private Ltd
Samco Asset Management Pvt Ltd
Union Asset Management Co. Pvt. Ltd.
Franklin Templeton Asst Mgmt(IND)Pvt Ltd
Tata Asset Management Limited
Bajaj Finserv Asset Management Limited
Baroda BNP Paribas Asset Management India Pvt. Ltd.
Motilal Oswal Asset Management Co. Ltd
Quantum Asset Management Co Pvt. Ltd.
PGIM India Asset Management Private Limited
DSP Investment Managers Private Limited
Canara Robeco Asset Management Co. Ltd.
Taurus Asset Management Company Limited
Nippon Life India Asset Management Ltd
Quant Money Managers Limited
Navi AMC Limited
PPFAS Asset Management Pvt. Ltd
Indiabulls Asset Management Company Ltd.
Mirae Asset Investment Managers (India) Private Limited
HDFC Asset Management Company Limited
IIFL Asset Management Limited
ICICI Prudential Asset Management Company Limited
Old Bridge Asset Management Private Limited
Trust Asset Management Private Limited
Bank of India Investment Managers Private Limited
JM Financial Asset Management Limited
Edelweiss Asset Management Limited
UTI Asset Management Co Ltd
WhiteOak Capital Asset Management Limited
LIC Mutual Fund Asset Management Limited
SBI Funds Management Ltd
ITI Asset Management Limited
IDBI Asset Management Limited
IDFC Asset Management Company Limited
NJ Asset Management Private Limited
Bandhan Asset Management Company Limited
Groww Asset Management Ltd.
Kotak Mahindra Asset Management Co Ltd
HSBC Asset Management(India)Private Ltd
Mahindra Manulife Investment Management Pvt. Ltd.
Zerodha Asset Management Private Limited
Helios Capital Asset Management (India) Private Limited
Sundaram Asset Management Company Ltd
Aditya Birla Sun Life AMC Ltd
Shriram Asset Management Co Ltd
360 ONE Asset Management Limited
Invesco Asset Management (India) Private Ltd
Samco Asset Management Pvt Ltd
Union Asset Management Co. Pvt. Ltd.
Franklin Templeton Asst Mgmt(IND)Pvt Ltd
Tata Asset Management Limited
Bajaj Finserv Asset Management Limited
Baroda BNP Paribas Asset Management India Pvt. Ltd.
Motilal Oswal Asset Management Co. Ltd
Quantum Asset Management Co Pvt. Ltd.
PGIM India Asset Management Private Limited
DSP Investment Managers Private Limited
Canara Robeco Asset Management Co. Ltd.
Taurus Asset Management Company Limited
Nippon Life India Asset Management Ltd
Quant Money Managers Limited
Navi AMC Limited
PPFAS Asset Management Pvt. Ltd
Indiabulls Asset Management Company Ltd.
Mirae Asset Investment Managers (India) Private Limited
HDFC Asset Management Company Limited
IIFL Asset Management Limited
ICICI Prudential Asset Management Company Limited
Old Bridge Asset Management Private Limited
Trust Asset Management Private Limited
Bank of India Investment Managers Private Limited
JM Financial Asset Management Limited
Edelweiss Asset Management Limited
UTI Asset Management Co Ltd
WhiteOak Capital Asset Management Limited
LIC Mutual Fund Asset Management Limited
SBI Funds Management Ltd
1.Should I invest in an Axis Mutual fund scheme?
2.How to Start Axis Mutual Fund SIP online?
3.How to redeem Axis Mutual funds Online?
4.How much time does it take to redeem the Axis Mutual funds?
Download Now