Axis Asset Management Company Limited manages assets worth 192,437 crores and was set up on 13 January 2009. It's current offering of mutual fund schemes includes 30 equity,93 debt and 35 hybrid funds.See top Axis Asset Management Company Limited funds
Axis Asset Management Company Ltd. is the mutual fund investment division of Axis Bank. Axis bank holds a 74.99% share in the AMC, and Schroder Singapore Holdings Private Limited owns the remaining 24%. Axis Mutual Fund (Axis MF) launched its first scheme in 2009.
Axis Asset Management Company Limited manages assets worth 192,437 crores and was set up on 13 January 2009. It's current offering of mutual fund schemes includes 30 equity,93 debt and 35 hybrid funds.
Founded
4 September 2009
Incorporated
13 January 2009
Sponsors
Axis Bank Limited
MD & CEO
Mr. Chandresh Kumar Nigam
Trustee
Axis Mutual Fund Trustee Limited
CIO
NA
Contact information
Axis Asset Management Company Limited Address
Axis House, 1st Floor, C-2, Wadia International Centre, Pandurang Budhkar Marg, Worli, Mumbai 400025
Axis Mutual Fund (Axis MF) launched its first scheme in 2009. The fund house has grown strongly since then. Axis Asset Management Company Ltd. is the mutual fund investment division of Axis Bank. Axis bank holds a 74.99% share in the AMC, and Schroder Singapore Holdings Private Limited owns the remaining 24%.
The AMC attributes its success to its three founding principles:
Long term wealth creation: Encourage investors to plan for long term investments and play a vital role in wealth management.
Outside-in view: Provide investors by giving information that is easily understood and help them make informed investment decisions.
Long term relationship: build long term relationships with investors beyond finances.
The AMC (Axis MF) aims to deliver financial and investment solutions to its customers by ensuring financial security. It focuses on goal-oriented investing rather than unplanned investments. Investors get a comprehensive view as the AMC practices proper risk management and planning strategies. The fund managers strategically design the asset allocation of the Axis mutual fund schemes.
As of December 2019, Axis Mutual Fund is managing INR 1.23 lakh crores. Axis mutual fund has multiple funds that are performing quite well in the market, in equity fund, debt fund, hybrid fund, multi asset allocation fund, gilt fund, and tax savings categories.
How to Invest in Axis Funds via Scripbox?
Time needed: 30 minutes.
Scripbox has made mutual funds investment extremely easy, even for new investors. One can invest in mutual funds by following the steps below:
Visit Scripbox and Begin the Investment Journey
On the homepage of the Scripbox website, click on the “Let’s get started” button. A list of investment options based on life goals is available. For investing in mutual funds, pick any of the options close to one’s financial goals. For example, the “Save smart” option is selected (highlighted above). Next, a predefined short term money plan is shown below; Click on “Continue” to proceed with the mutual fund investment.
Signup and Create an Account
Upon logging in, the investment details will be available as shown below; Here Scripbox allows investors to select the payment option. One can select “Every month SIP” or “One-time” payment options depending on their cash flow. The Scripbox SIP calculator can be used to determine the potential returns from a mutual fund investment. The SIP calculator is available online for free. Click on “See Recommended Funds” to proceed for investment.
Check the Plan and Fund Allocation
The list of mutual funds and the allocated amount for the selected plan is shown on this page. Check all the details before proceeding ahead. If the investor wishes to change the fund or amount, one can click on the option, “I want to change Funds/ Amount.” Click on the “Next” button to make payment.
Bank Details and Money Transfer
In the last step, enter the bank account and PAN Card details. Scripbox provides a secure environment, and a bank account will be used for investing and crediting the redemption proceeds only
KYC Required to Invest in Axis Mutual Fund/ Scripbox
KYC is an acronym for “Know Your Customer.” KYC helps in identifying a client. SEBI has prescribed requirements for KYC. An investor has to be KYC compliant while investing in SEBI registered mutual fund. A KYC form will include identity, address, financial status, occupation, and demographic information.
One can get their KYC done with Scripbox. The following KYC documents required by Resident Indians and PIO residing in India:
Photograph
Pan Card
Address proof (Aadhar Card (Both Front & Back)/Driving License/Passport/Voter ID Card)
KYC Authorisation Letter. (Please write on a while plain sheet of paper that “I authorize Scripbox to do my mutual fund KYC” & sign below it)
Video Selfie: Record a video by facing the camera for 5 seconds.
One can upload the clear color scanned copies of the documents required during the registration itself. Or. They could share your KYC documents at help@scripbox.com or Whatsapp it to us on +91-8884448026.
Top Fund Managers
The fund managers at Axis Mutual Fund are experts in their respective domains. They rightly identify the opportunities and align them with the portfolios to generate maximum fund returns.
Top Equity Fund Managers at AMF
Mr. Jinesh Gopani
Mr. Gopani has over 16 years’ experience in Capital Markets, of which eight years are in equity fund management. He is an MMS finance graduate from Mumbai University. He is the Fund Manager of Equities at AMF since 2011. Before joining Axis Mutual Fund, he held positions at Aditya Birla Sun Life Asset Management Company and Voyager India Capital Private Limited. Mr. Gopani currently manages Axis Long Term Equity Fund, Axis Growth Opportunities Fund, Axis ESG Equity Fund, and Axis Focused 25 Fund.
Mr. Shreyash Devalkar
Mr. Devalkar has over 16 years of experience in capital markets. Mr. Shreyash holds a Chemical Engineering Degree from UDCT Mumbai and a Masters in Management Studies degree from Jamnalal Bajaj Institute of Management Studies. Since 2016 he has been serving as the Senior Fund Manager. Before joining AMF, he was associated with IDFC Securities, IDFC AMC, and BNP Paribas AMC. He currently manages Axis Bluechip Fund, Axis Mid Cap Fund, and Axis Multicap Fund.
Mr. Anupam Tiwari
Mr. Tiwari is a Chartered Accountant with over 13 years of experience in capital markets. He has been the Fund Manager of Equity at AMF since 2016. Before his affiliation with Axis, he was with Principal BNP Asset Management Co. Ltd, Reliance Life Insurance Ltd., and Reliance Capital Asset Management Co. Ltd. He currently manages the Axis Small Cap Fund, Axis Equity Saver Fund, and Axis Dynamic Equity Fund.
Mr. Ashish Naik
Mr. Naik Joined Axis Mutual Fund in 2009 as a research analyst, he is currently the Fund Manager. He has over 11 years of experience, of which eight years as an equity analyst. He holds a B.E degree from Mumbai University and a PGDM from XLRI Jamshedpur. Mr. Naik is also a certified CFA charter holder and a certified Financial Risk Manager (FRM). He currently manages Axis Regular Saver Fund, Axis Equity Hybrid Fund, Axis Children’s Gift Fund – Compulsory Lock-In, Axis Triple Advantage Fund, and Axis NIFTY ETF.
Mr. Viresh Joshi
Mr. Joshi joined AMF in 2009, he is currently the head trader for equity funds and also a fund manager. He has been an active participant at FIX and TradeTech on Dealing & Trading events, representing domestic buy-side investors across equity, equity derivatives, and ETFs. Mr. Joshi has over 20 years’ experience in the capital markets. He is an MBA graduate in Finance. Before AMF, he was associated with BNP Paribas Securities and ICICI Securities. He currently manages the Axis Arbitrage Fund.
Top Debt Fund Managers at AMF
Mr. R Sivakumar
Mr. Sivakumar has over 19 years of experience in the Indian asset management industry across asset classes. He holds a B.Tech degree from IIT Madras and PGDM from IIM Ahmedabad. Prior to his position at Axis, he worked with Sundaram Asset Management and Zurich India. Since 2009, he is the Head of Fixed Income at Axis Mutual Fund in India. He currently manages Axis All Seasons Debt Fund of Funds, Axis Dynamic Bond Fund, Axis Dynamic Equity Fund, Axis Equity Hybrid Fund, Axis Equity Saver Fund, Axis Children’s Gift Fund – Compulsory Lock-In and Axis Triple Advantage Fund.
Mr. Devang Shah
Mr. Devang has over 14 years of experience, five years with Axis AMC. He is a Chartered Accountant and holds a commerce degree. His previous experience includes PricewaterhouseCoopers, Deutsche AMC & ICICI Prudential AMC. He currently manages Axis Liquid Fund, Axis Gilt Fund, Axis Corporate Debt Fund, Axis Dynamic Bond Fund, Axis Strategic Bond Fund, Axis Credit Risk Fund, Axis Money Market Fund, Axis Short Term Fund, Axis Treasury Advantage Fund, Axis Arbitrage Fund, and Axis Regular Saver Fund.
Mr. Aditya Pagaria
Mr. Pagaria holds a PGDM in Finance from ITM Business School, Kharagpur. He has over 11 years of experience. Before joining Axis, he was working with ICICI Prudential AMC. He currently manages Axis Banking & PSU Debt Fund, Axis Liquid Fund, Axis Money Market Fund, Axis Overnight Fund, Axis Treasury Advantage Fund, and Axis Ultra Short Term Fund.
Mr. Dhaval Patel
Mr. Patel has over 15 years of experience. He holds an MBA degree in Finance and a B.E degree in Electronics and Communications. His previous experience was with Credit Analysis and Research Limited. He currently manages the Axis Strategic Bond Fund.
Frequently Asked Questions
Is Axis mutual fund good?
Mutual Funds, jointly managed by Axis Bank and Schroders, has a well-defined investment and risk management process in place. With extensive research, portfolio construction, and continuous monitoring, the fund manager aims to maximize returns and minimize risks. The asset allocation of the Axis mutual fund schemes is strategically designed. With a wide presence in over 100 cities and managing over 41 lakh investor accounts, the fund house is one of the fastest-growing AMC in the country. It has over 25 funds catering to multiple investment needs. Few of these funds are performing exceptionally well in the market. Axis mutual fund has multiple funds that are performing quite well in the market, in equity fund, debt fund, hybrid fund, multi asset allocation fund, gilt fund, and tax savings categories. ELSS fund (tax saving fund) can help save tax under Section 80C of The Income Tax Act.
Which is the best axis mutual fund?
What constitutes as best varies from one investor to another. Axis mutual fund has over 25 funds catering to multiple investor needs. An investor needs to understand his/her purpose of investing, understand their risk, and align it with the fund’s objectives and risk level to find the best fit.
How can I start SIP in Axis Mutual Funds Online?
A SIP can be started online by directly going to the Axis mutual fund website and logging in with a folio number or any online portal which allows mutual fund investments.
How to stop sip in Axis mutual fund online?
A SIP can be stopped online by directly going to the Axis mutual fund website and logging in with a folio number or any online portal where the investment has been started.
Can I invest in Axis Mutual Fund Online?
Yes, one can invest in Axis Mutual Fund online directly from their website or any online portal like Scripbox.
How can I get an Axis Bank mutual fund statement?
Axis mutual fund statements can be obtained both online and offline. Investors can request an account statement that can be delivered through SMS, email, or a physical copy. Alternatively, one can log in to the CAMS website to get the same.
