Axis Mutual Fund

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Mutual Fund

Axis Mutual Fund was incorporated in January 2009 and launched its first scheme in October the same year. The fund house is sponsored by Axis Bank Ltd. and its trustee is Axis Mutual Fund Trustee Ltd. As of March 2018, Axis Mutual Fund manages assets worth Rs.77,325.41 crore. Deutsche Bank A.G is the custodian for all its mutual fund schemes except for Axis Gold ETF which is taken care by the Bank of Nova Scotia. Axis Mutual Fund boasts of a well-rounded product suite comprising of over 50 schemes.

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On Axis Mutual Fund Official Website


Updated: 17-05-2024 05:24:18 PM

Key Features of Axis Mutual Fund

The main features of the Axis Mutual Fund can be listed as follows:

  • Axis Mutual Fund offers a well-rounded suite of products that comprises over 50 schemes.
  • At present, the Axis Mutual Fund has more than 20 lakh investor accounts which are active.
  • Axis Mutual Fund is present across the country in more than 90 cities.
  • Axis Mutual Fund believes in 3 basic pillars- 1) Investors’ decision, 2) Outside-in view, and 3) Investors’ language of communication.
  • Axis Mutual Fund helps in enduring wealth creation.
  • Axis Mutual Fund believes in long-term relationships.

Axis Mutual Fund Account Statement

Under the Axis Mutual Fund Account, the following steps can be followed to check the status of the statement online:

  1. You have to visit the official website of the Axis Mutual Fund at
  2. Click on the menu (3 horizontal bars) option. This can be found on the top-left corner of the home screen, just next to the logo of the Axis Mutual Fund.
  3. From the menu, you have to click on the ‘Investor Services’ option.
  4. Under the ‘Investor Services’ option, you have to select the ‘Statement of Account’ option. This will redirect you to a new webpage.
  5. On the ‘Account Statement’ page, you have to feed either your Folio number or your Permanent Account Number (PAN).
  6. The ‘Pick a Timeframe’ option is provided for selecting a timeframe for which you want to view the statement. Under this option, there are 4 pre-set sub-options- ‘Date Range’, ‘Since Inception’, ‘Current Financial Year’, and ‘Previous Financial Year’.
  7. The ‘Date Range’ option is applicable if you want to view the statement for a particular time period only. Under the ‘Date Range’ option you have to quote the starting date and ending date of the time period. Once the date range is set, click on the ‘Email Statement’ option to receive an email with your statement on the email ID registered with the Axis Mutual Fund.
  8. In other cases, you can just select the option and click on ‘Email Statement’ to receive an email with your statement for that period on your registered email ID.

Save Tax by Investing in Axis Long Term Equity Fund

Investors who wish to enjoy tax benefits while also gaining satisfactory returns on their investment can go for the Axis Long Term Equity Fund. This is an open-ended equity-linked savings scheme (ELSS) with a lock-in period of 3 years. The fund balances its investments between large and midcap companies and offers tax benefits under Section 80C of the Income Tax Act, 1961.

  • Investment Objective – To produce gainful returns for the investor by investing in a diversified portfolio of equity and equity-related instruments.
  • Ideal for – Investors who are looking at achieving gains in capital over a longer duration while also enjoying tax benefits.

Scheme features:

Benchmark Index S&P BSE 200
Total Expense Ratio As on 1 April 2018, the TER for: Regular Plan – 2.37% Direct Plan – 1.24%
Investment Options Growth and Dividend
Minimum Investment Rs.500
Entry Load Not Applicable
Exit Load Not Applicable
Riskometer Moderately High

Eligibility criteria for investing in Axis Mutual Funds

The below entities/individuals are eligible for investing in the units of Axis Mutual Funds:

  • Adult citizens residing in India
  • Minors through legal guardian/parents
  • Hindu Undivided Family (HUF)
  • Limited Liability Partnerships
  • Partnership Firms
  • Proprietors
  • Financial Institutions and Banks including Regional Rural Banks and Cooperative Banks
  • Public Sector Undertakings (PSUs), companies, corporate bodies, and societies registered under the Societies Registration Act, 1860
  • Persons of Indian Origin (PIOs) and Non-Resident Indians (NRIs) on repatriation or non-repatriation basis
  • Religious and Charitable Trusts
  • Foreign Institutional Investors (FIIs), Foreign Portfolio Investors (FPIs), and Qualified Foreign Investors (QFIs)

Documents Required for Investing in Axis Mutual Funds

To invest in any mutual fund scheme, the investor needs to comply with the Know-Your-Customer (KYC) guidelines. To complete the KYC process, the investor can follow the below-given steps:

  1. Download the KYC form available on the official website of Axis Mutual Funds.
  2. After filling the form, it should be submitted at the nearest investor services center or any SEBI registered intermediary along with the following documents attached – proof of identity and proof of address.
  3. The investor will be issued an acknowledgement receipt which he/she needs to submit while applying for subscribing to a mutual fund scheme.

After the KYC process is complete, the investor can invest in any of the mutual fund schemes online, through a broker, or through the easy services – app, call, SMS, and sell.

Why invest with Axis Mutual Funds?

  • Low investment risks – Axis Mutual Funds mitigate risks by diversifying its portfolio through a combination of equity, debt, fixed income instruments, etc.
  • Professionally managed – The fund managers handling your investment portfolios have a rich experience in making investment decisions which are backed by extensive research. Their experience will help you grow your capital over a long term.
  • Hassle-free process of investment – The process for investing is simple, quick, and hassle-free. The same applies for redemption of the mutual fund units.
  • Transparent mode of investment – Mutual funds are regulated by the Securities and Exchange Board of India (SEBI) and Axis Mutual Funds abide by it. The schemes are transparent and offer the flexibility of choosing a scheme based on the investment goals and risk appetite of the investor.
  • Tax efficient investment – Axis Mutual Funds offer schemes that help you enjoy tax benefits. The benefits are available under Section 80C of the Income Tax Act, 1961.

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