Axis Mutual Funds is one of India’s leading AMC companies. It offers some of the best-performing mutual funds, which have generated significant returns in the past. If you want to learn more about the best Axis Mutual Fund options, this article is a good place to start. But before we discuss the funds, here is a brief background on the AMC:
Axis Asset Management
Established in 2009, Axis Mutual Fund is one of India’s 10 largest asset management companies. It was formed by Axis Bank and Schroder Singapore Holdings Private Limited (SSHPL).
As of 28 February 2023, Axis Mutual Fund’s total AUM stood at Rs. 24,1455 crores, and the company offers ~75 mutual fund schemes under all the top mutual fund categories. These include 23 equity schemes, 32 debt schemes, 6 hybrid schemes, and 14 schemes in the ‘other’ category.
On the same date, the total number of active clients of Axis Bank was 1.28 crore. Axis Mutual Fund has direct offices in 100 Indian cities.
Top Performing Axis Mutual Funds Across Categories
1. Axis Equity Funds
| Fund Name | AUM in Rs. crore | 3-yr CAGR % | 5-yr CAGR % | Expense ratio |
| Axis Small Cap Fund | 11,390 | 38.81 | 21.21 | 0.51% |
| Axis Midcap Fund | 19,593 | 26.73 | 16.46 | 0.54% |
| Axis Bluechip Fund – Growth | 32,615 | 18.32 | 11.77 | 0.59% |
| Axis Long Term Equity Fund – Growth | 29,967 | 18.39 | 10.09 | 0.84% |
| Axis Focused 25 Fund | 14,700 | 17.72 | 9.07 | 0.72% |
Who Should Invest?
These are general criteria, but they will give you a fair idea if equity funds are the right option for you.
- Equity funds are right for investors looking for capital growth.
- Investors with long-term financial goals can consider investing in equity funds. Having said that, equity funds are more suitable for young investors, as they have a higher risk appetite and can spend more time in the market to make up for any losses.
- Investing in stocks involves risks; hence, equity funds have higher risks than debt funds.
2. Axis Debt Funds
| Fund Name | AUM in Rs. crore | 3-yr CAGR % | 5-yr CAGR % | Expense ratio |
| Axis Banking and PSU Debt Fund | 14,415 | 5.43 | 7.46 | 0.33% |
| Axis Short Term Fund | 6,729 | 6.08 | 7.72 | 0.30% |
| Axis Liquid Fund | 25,378 | 4.40 | 5.35 | 0.15% |
| Axis Money Market Fund | 3,922 | 5.01 | 5.66 | 0.21% |
| Axis Overnight Fund | 9,822 | 4.15 | 4.39 | 0.05% |
Who Should Invest?
Debt funds are designed to offer low-risk returns. As a result, these funds can be used to improve the stability of a mutual fund portfolio or act as a hedge against equity market volatility. Some points to note:
- New investors can invest in debt funds to earn higher returns while protecting themselves from equity market volatility.
- Debt funds are suitable for you if you are risk-averse and looking for an investment that will offer principal protection along with predictable risks.
- Debt funds are an excellent option when you need to park your money for the short term. These funds help you earn higher returns than traditional fixed-income instruments.
- Debt funds can stabilise your portfolio, helping you balance your exposure to equity funds.
3. Axis Hybrid Funds
| Fund Name | AUM in Rs. crore | 3-yr CAGR % | 5-yr CAGR % | Expense ratio |
| Axis Multi Asset Allocation Regular Growth Fund | 1,470 | 17.82 | 11.43 | 0.72% |
| Axis Equity Hybrid Fund | 1,667 | 17.96 | 10.84 | 0.85% |
| Axis Equity Saver Fund | 939 | 13.29 | 8.84 | 0.88% |
| Axis Balanced Advantage Fund | 2,022 | 13.70 | 8.63 | 0.68% |
| Axis Arbitrage Fund | 2,597 | 4.92 | 5.63 | 0.31% |
Who Should Invest?
Hybrid funds are special funds that allow investors to spread their money across asset classes including debt, equity, gold, international equity, etc. These funds often invest for a specific purpose. These funds are comparatively less risky than pure equity funds but generate higher returns than debt funds.
- Hybrid funds appeal to budding investors and seasoned market players alike.
- These funds allow you to invest in a diversified portfolio. A multi-asset fund will give you exposure to at least three asset classes at a time.
- You should have an investment target of a minimum of 3-5 years.
Final Words
The decision to invest in mutual funds depends on your financial goals, risk appetite, and investment horizon. Before finalising a scheme, you must explore more Axis Mutual Fund investment schemes based on the parameters mentioned above. Angel One allows investors to analyse and invest in mutual funds from its website or mobile app. Open a Demat account and explore investment opportunities on a consolidated platform.
Source: Axismf
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