Axis Mutual Fund

Axis Bank 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.

Since October 2009, Axis Mutual Fund has been functioning on the basis of its 3 founding principles. These principles are as follows:

• Creation of wealth for a long term
• Long-term relationship
• Outside in (Customer) view

Axis Mutual Fund is guided by its business philosophy in terms of their products, strategy of service, and sales. They are ambitious about providing financial solutions and investment solutions which help their customers to feel secure about their investments. A special emphasis is laid on the management of risks and the plannings are done accordingly.

Axis Mutual Fund Key Features and Advantages:

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

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

Types of funds offered by Axis Mutual Fund

Axis Mutual Fund offers mutual fund schemes in 3 categories - Debt, Equity, and Hybrid. The debt category has 9 schemes, equity has 6 schemes, and the hybrid category has 5 schemes.

All of the above-mentioned funds are briefly described below.

Debt Funds by Axis Mutual Fund

Mutual funds that invest in fixed income assets such as government securities, treasury bills, corporate bonds, and other money market instruments are known as Debt Funds. Axis Mutual Fund offers 9 debt funds and they’ve been explained below:

1. Axis Liquid Fund - This is an open-ended liquid scheme that offers low risks and moderate returns to the investor.
• Investment Objective - To provide high liquidity, reasonable returns, and low risk by investing in debt securities and money market instruments.
• Ideal for - Investors who have low risk appetite and wish to grow their capital.

Scheme features:

Benchmark Index	CRISIL Liquid Fund Index
Total Expense Ratio	As on 1 April 2018, the TER for: Regular Plan - 0.16% Direct Plan - 0.1%
Investment Options	Growth and Dividend
Minimum Investment	Rs.5,000
Entry Load	Not Applicable
Exit Load	Not Applicable
Riskometer	Low
Fund Manager	Mr. Devang Shah and Mr. Aditya Pagaria

2. Axis Treasury Advantage Fund (Regular Growth) - This is an open-ended debt scheme which offers high liquidity and has an average maturity of 293 days.
• Investment Objective - To provide most favourable returns to investors by investing in a mixture of short term debt and money market instruments.
• Ideal for - Investors who are looking to invest for a short term and wish to have spare cash in their bank accounts.

Scheme features:

Benchmark Index	CRISIL Liquid Fund Index
Total Expense Ratio	As on 1 April 2018, the TER for: Regular Plan - 0.78% Direct Plan - 0.25%
Investment Options	Growth and Dividend
Minimum Investment	Rs.5,000
Entry Load	Not Applicable
Exit Load	Not Applicable
Riskometer	Moderately Low
Fund Manager	Mr. Devang Shah and Mr. Aditya Pagaria

3. Axis Short Term Fund (Regular Growth) - This open-ended debt scheme allocates its portfolio to corporate bonds and money market instruments for a duration of 1 to 3 years. The fund is targeted at capturing opportunities in the short duration segment,
• Investment Objective - To generate steady returns by following a low-risk strategy of investment through a portfolio of money market instruments and debt securities.
• Ideal for - Investors seeking regular income while retaining liquidity over medium to short term.

Scheme features:

Benchmark Index	CRISIL Short Term Bond Fund Index
Total Expense Ratio	As on 1 April 2018, the TER for: Regular Plan - 0.99% Direct Plan - 0.28%
Investment Options	Growth and Dividend
Minimum Investment	Rs.5,000
Entry Load	Not Applicable
Exit Load	Nil
Riskometer	Moderately Low
Fund Manager	Mr. Devang Shah

4. Axis Dynamic Bond Fund (Regular Growth) - With an average maturity of 2.1 years, this fund is an open-ended scheme with portfolio allocation across all segments. At the moment, the duration of the fund is 1.7 years.
• Investment Objective - To offer optimal returns to the investor by actively managing a portfolio of money market and debt instruments.
• Ideal for - Investors who wish to gain optimal returns over medium to long term.

Scheme features:

Benchmark Index	CRISIL Composite Bond Fund Index
Total Expense Ratio	As on 1 April 2018, the TER for: Regular Plan - 1.52% Direct Plan - 0.63%
Investment Options	Growth and Dividend
Minimum Investment	Rs.5,000
Entry Load	Not Applicable
Exit Load	Nil
Riskometer	Moderate
Fund Manager	Mr. R. Sivakumar and Mr. Devang Shah

5. Axis Corporate Debt Fund (Regular Growth) - Previously known as Axis Corporate Debt Opportunities Fund, this scheme invests primarily in AA+ and above rated corporate bonds.
• Investment Objective - To provide stable income and capital gains by concentrating its investments in corporate debt.
• Ideal for - Investors looking at achieving steady returns and having a moderate risk appetite.

Scheme features:

Benchmark Index	CRISIL Short Term Bond Fund Index
Total Expense Ratio	As on 1 April 2018, the TER for: Regular Plan - 1.16% Direct Plan - 0.28%
Investment Options	Growth and Dividend
Minimum Investment	Rs.5,000
Entry Load	Not Applicable
Exit Load	Not Applicable
Riskometer	Moderate
Fund Manager	Mr. Devang Shah

6. Axis Strategic Bond Fund - This fund was previously known as Axis Regular Savings Fund and it invests in portfolios the Macaulay duration of which ranges from 3 years to 4 years. These funds are actively managed and its primary investment is on corporate bonds.
• Investment Objective - To maintain liquidity of the folio and generate maximum returns for investors.
• Ideal for - Investors seeking optimal returns on their investments over medium term.

Scheme features:

Benchmark Index	CRISIL Composite Bond Fund Index
Total Expense Ratio	As on 1 April 2018, the TER for: Regular Plan - 1.17% Direct Plan - 0.4%
Investment Options	Growth and Dividend
Minimum Investment	Rs.5,000
Entry Load	Not Applicable
Exit Load	For redemption within 1 year: For 10% of investment - No exit load, For the remaining investment - 1%. No exit loads apply if the units are redeemed after one year from the allotment date.
Riskometer	Moderate
Fund Manager	Mr. Devang Shah

7. Axis Credit Risk Fund - This open-ended debt scheme was formerly known as Axis Fixed Income Opportunities Fund and it invests mainly in AA and below rated corporate bonds.
• Investment Objective - To provide steady returns across the credit and yield spectrum by investing mainly in debt and money market instruments.
• Ideal for - Investors who have a moderate risk appetite and who wish to achieve capital gains.

Scheme features:

Benchmark Index	CRISIL Short Term Bond Fund Index
Total Expense Ratio	As on 1 April 2018, the TER for: Regular Plan - 1.8% Direct Plan - 0.34%
Investment Options	Growth and Dividend
Minimum Investment	Rs.5,000
Entry Load	Not Applicable
Exit Load	For redemption within 1 year: For 10% of investment - No exit load, For the remaining investment - 1%. No exit loads apply if the units are redeemed after one year from the allotment date.
Riskometer	Moderate
Fund Manager	Mr. Devang Shah

8. Axis Gilt Fund - This scheme was formerly known as Axis Constant Maturity 10-year Fund and focuses its investments in government securities. Mimicking returns of a 10-year government security is the intent of this scheme which has 9.4 years as the average maturity.
• Investment Objective - To create superior quality liquid vehicle by investing in government securities.
• Ideal for - Investors who are looking for risk-free returns and capital appreciation when investing for medium and long durations.

Scheme features:

Benchmark Index	CRISIl 10 Year Gilt Index
Total Expense Ratio	As on 1 April 2018, the TER for: Regular Plan - 0.75% Direct Plan - 0.22%
Investment Options	Growth and Dividend
Minimum Investment	Rs.5,000
Entry Load	Not Applicable
Exit Load	Nil
Riskometer	Moderate
Fund Manager	Mr. Devang Shah

9. Axis Banking and PSU Debt Fund - This is an open-ended liquid scheme that offers low risks and moderate returns to the investor.
• Investment Objective - Generating steady returns by investing mainly in money market and debt instruments that are issued by PSUs (Public Sector Units), banks, and PFIs (Public Financial Institutions).
• Ideal for - Investors looking for frequent income in short and medium durations and who wish to invest in securities issued by banks, PSUs, and PFIs.

Scheme features:

Benchmark Index	CRISIL Short Term Bond Fund Index
Total Expense Ratio	As on 1 April 2018, the TER for: Regular Plan - 0.52% Direct Plan - 0.23%
Investment Options	Growth and Dividend
Minimum Investment	Rs.5,000
Entry Load	Not Applicable
Exit Load	Nil
Riskometer	Moderately Low
Fund Manager	Mr. Aditya Pagaria

Equity Funds by Axis Mutual Fund

Mutual funds that invests in stocks of large, mid, and small cap companies are known as equity funds. Axis Mutual Fund offers 5 schemes in this category and we have explained all of them below:

1. Axis Bluechip Fund (Regular Growth) - This fund was formerly known as Axis Equity Fund and it primarily invests in large cap shares.
• Investment Objective - To invest in a portfolio that offers a wider scope by mainly investing in a mix of equity, equity-related stocks, and derivatives of large cap companies.
• Ideal for - Investors looking for capital gains over long term and who desire to invest in a diversified portfolio comprising of equity-related instruments.

Scheme features:

Benchmark Index	Nifty 50
Total Expense Ratio	As on 1 April 2018, the TER for: Regular Plan - 2.77% Direct Plan - 1.17%
Investment Options	Growth and Dividend
Minimum Investment	Rs.5,000
Entry Load	Not Applicable
Exit Load	If redeemed within 1 year of unit allotment date, for 10% of the investment, no exit load will be charged. For the remaining, 1% exit load will apply. After 1 year, redemption or exit will not attract any exit load.
Riskometer	Moderately High
Fund Manager	Mr. Shreyash Devalkar

2. Axis Focussed 25 Fund - This is an open-ended equity scheme that makes investments in up to 25 companies which the fund manager feels will offer compounded returns.
• Investment Objective - To bring about appreciation in capital over long term by investing in a blended portfolio of equity and equity-related instruments of up to 25 companies.
• Ideal for - Investors with a low risk appetite and who wish to receive capital gains over a longer duration.

Scheme features:

Benchmark Index	Nifty 50 Index
Total Expense Ratio	As on 1 April 2018, the TER for: Regular Plan - 2.67% Direct Plan - 1.54%
Investment Options	Growth and Dividend
Minimum Investment	Rs.5,000
Entry Load	Not Applicable
Exit Load	If redeemed within 1 year of unit allotment date, for 10% of the investment, no exit load will be charged. For the remaining, 1% exit load will apply. After 1 year, redemption or exit will not attract any exit load.
Riskometer	Moderately High
Fund Manager	Mr. Jinesh Gopani

3. Axis Midcap Fund - This open-ended equity scheme concentrates its investments in midcap companies having the potential to deliver elevated growth and the investment strategy embeds risk management into it.
• Investment Objective - To accomplish capital gains for the investor over long term by focussing its investments in the stocks of midcap companies.
• Ideal for - Investors who are looking to grow their capital over a longer duration and is willing to take high risks.

Scheme features:

Benchmark Index	S&P BSE Midcap
Total Expense Ratio	As on 1 April 2018, the TER for: Regular Plan - 2.85% Direct Plan - 1.59%
Investment Options	Growth and Dividend
Minimum Investment	Rs.5,000
Entry Load	Not Applicable
Exit Load	If redeemed within 1 year of unit allotment date, for 10% of the investment, no exit load will be charged. For the remaining, 1% exit load will apply. After 1 year, redemption or exit will not attract any exit load.
Riskometer	Moderately High
Fund Manager	Mr. Shreyash Devalkar

4. Axis Multicap Fund - This is an open-ended equity scheme that invests in diversified portfolio comprising of large cap, mid cap, and small cap stocks.
• Investment Objective - To offer capital appreciation to investors by investing in a mix of equity and equity-related instruments.
• Ideal for - Investors with an appetite for high risks and who wish to grow their capital over long term.

Scheme features:

Benchmark Index	Nifty 500 Index
Total Expense Ratio	As on 1 April 2018, the TER for: Regular Plan - 2.74% Direct Plan - 1%
Investment Options	Growth and Dividend
Minimum Investment	Rs.5,000
Entry Load	Not Applicable
Exit Load	If redeemed within 1 year of unit allotment date, for 10% of the investment, no exit load will be charged. For the remaining, 1% exit load will apply. After 1 year, redemption or exit will not attract any exit load.
Riskometer	Moderately High
Fund Manager	Mr. Shreyash Devalkar

5. Axis Long Term Equity Fund - This fund has been explained in the ‘Save Tax by Investing in Axis Long Term Equity Fund’ section.

Hybrid Funds by Axis Mutual Fund

Hybrid funds invest in a mix of equity and debt securities and offers diversification to the investors thereby mitigating the risks. Axis Mutual Fund offers 6 schemes and it has been described below:

1. Axis Equity Saver Fund - It is an open-ended hybrid scheme that invests in a mix of equity, debt, and arbitrage opportunities. The fund is relatively less volatile and generates income through investments in multi-class assets.
• Investment Objective - To generate and optimise long-term returns for the investor by diversifying the portfolio to reduce volatility.
• Ideal for - Investors looking at accomplishing returns over medium to long term and who wish to diversify their portfolio.

Scheme features:

Benchmark Index	CRISIL Hybrid 85+15 Conservative Index
Total Expense Ratio	As on 1 April 2018, the TER for: Regular Plan - 3.11% Direct Plan - 1.93%
Investment Options	Growth and Dividend
Minimum Investment	Rs.5,000
Entry Load	Not Applicable
Exit Load	If redeemed within 1 year from allotment date: For 10% of investment - No exit load, For remaining investment - 1%. If redeemed after 1 year from allotment date, no exit load is applicable.
Riskometer	Moderately High
Fund Manager	Mr. Anupam Tiwari and Mr. R. Sivakumar

2. Axis Dynamic Equity Fund - It is an open-ended dynamic asset allocation fund that invests in a portfolio of equity and equity-related instruments. It also invests in debt securities and money market instruments. By actively allocating assets, the fund aims to control risks thereby achieving fruitful returns for the investor.
• Investment Objective - By investing in a mixed portfolio of equity and equity-related instruments, the fund hopes to offer capital appreciation to investors.
• Ideal for - Investors willing to take high risks and over a long term, wish to get satisfactory returns on their investment.

Scheme features:

Benchmark Index	CRISIL Hybrid 35+65 Aggressive Index
Total Expense Ratio	As on 1 April 2018, the TER for: Regular Plan - 2.72% Direct Plan - 0.99%
Investment Options	Growth and Dividend
Minimum Investment	Rs.5,000
Entry Load	Not Applicable
Exit Load	If units are redeemed before 1 year, exit load of 1% will be charged for 90% of the investment. For 10% of investment, no exit load will be charged. There will be no exit load for exiting a scheme after 1 year.
Riskometer	Moderately High
Fund Manager	Mr. Anupam Tiwari, Mr. Ashwin Patni, and Mr. R. Sivakumar

3. Axis Regular Saver Fund - This fund was formerly known as Axis Income Saver Fund and it predominantly invests in debt instruments.
• Investment Objective - Offer capital appreciation and regular income to investors by investing in debt and money market securities.
• Ideal for - Investors looking to achieve capital gains while also receiving steady income over medium to long term.

Scheme features:

Benchmark Index	CRISIL Hybrid 85+15 - Conservative Index
Total Expense Ratio	As on 1 April 2018, the TER for: Regular Plan - 2.95% Direct Plan - 1.63%
Investment Options	Growth and Dividend
Minimum Investment	Rs.5,000
Entry Load	Not Applicable
Exit Load	If redeemed with 1 year of allotment date: For 10% of investment - No exit load. For remaining investment - 1%. There will be no exit load for exiting a scheme after 1 year.
Riskometer	Moderately High
Fund Manager	Mr. Devang Shah and Mr. Ashish Naik

4. Axis Children’s Gift Fund (No Lock-In - Regular Growth) - This is an open-ended balanced scheme that presents a great way to save for your child’s education or any other dream that he/she wishes to pursue. The fund is relatively less volatile and offers a longer holding period so that your investments have a longer time to grow.
• Investment Objective - To fetch good returns for the investor by investing in equity and equity related instruments.
• Ideal for - Investors who wish to invest in the future of their child by growing their investments over long term.

Scheme features:

Benchmark Index	50% Nifty 50 + 50% CRISIL Composite Bond Fund Index
Total Expense Ratio	As on 1 April 2018, the TER for: Regular Plan - 3.01% Direct Plan - 1.09%
Investment Options	Growth and Dividend
Minimum Investment	Rs.5,000
Entry Load	Not Applicable
Exit Load	3% on exiting before 1 year; 1% on exiting within 2 to 3 years; 2% on exiting within 1 to 2 years. No exit load on exiting after 3 years.
Riskometer	Moderately High
Fund Manager	Mr. Ashish Naik and Mr. R. Sivakumar

5. Axis Arbitrage Fund - This open-ended scheme was formerly known as Axis Enhanced Arbitrage Fund and its primary investment is on arbitrage opportunities.
• Investment Objective - To leverage ‘low volatility absolute returns’ strategy to fetch good returns for the investor while taking advantage of arbitrage opportunities, debt, and money market instruments.
• Ideal for - Investors with a desire to receive income over short or medium duration and wish to invest in arbitrage opportunities that prevails in the cash and derivatives sectors in the equity market.

Scheme features:

Benchmark Index	NIFTY 50 Arbitrage Index
Total Expense Ratio	As on 1 April 2018, the TER for: Regular Plan - 1.11% Direct Plan - 0.28%
Investment Options	Growth and Dividend
Minimum Investment	Rs.5,000
Entry Load	Not Applicable
Exit Load	If units are redeemed with 7 days from the allotment date, an exit load of 0.25% will apply
Riskometer	Moderate
Fund Manager	Mr. Devang Shah and Mr. Ashwin Patni

6. Axis Triple Advantage Fund - It is an open-ended hybrid fund that invests in a portfolio basket comprising of equity, equity related securities, debt, fixed income securities, and gold exchange traded funds. The average maturity of the fund is 4.8 years.
• Investment Objective - To fetch capital appreciation for the investor over a long term by making investments in a mixture of equity, debt, gold traded funds, etc.
• Ideal for - Investors who wish to achieve capital appreciation and have an appetite for risk.

Scheme features:

Benchmark Index	65 Equity, 20 Debt, and 15 Gold
Total Expense Ratio	As on 1 April 2018, the TER for: Regular Plan - 2.25% Direct Plan - 1.07%
Investment Options	Growth and Dividend
Minimum Investment	Rs.5,000
Entry Load	Not Applicable
Exit Load	No exit load for 10% of the investment when redeemed within 12 months from allotment date. For the remaining investment 1%, exit load will apply. No exit load for redemption or exit after 1 year from allotment date.
Riskometer	Moderately High
Fund Manager	Mr. R. Sivakumar and Mr. Ashish Naik

Other Funds from Axis Mutual Fund

In this category, Axis Mutual Fund offers 3 schemes the features of which have been described below:

1. Axis Gold ETF - This is an open-ended scheme that replicates/tracks the domestic price of gold.
• Investment Objective - To produce returns for the investor that commensurate with the performance of gold.
• Ideal for - Investors who wish to achieve capital gains over a medium and long term and who prefer to invest in gold securities.

Scheme features:

Benchmark Index	Domestic Price of Gold
Total Expense Ratio	1.11%
Investment Options	Growth
Minimum Investment	There is no minimum investment though units can be purchased or sold in round lots of 1 unit at NSE or any stock exchange quoted price.
Entry Load	Not Applicable
Exit Load	Nil
Riskometer	Moderately High
Fund Manager	Mr. Devang Shah

2. Axis Gold Fund - This is an open-ended Fund of Fund (FoF) scheme that invests in units of Axis Gold ETF, an exchange-traded fund (ETF) having physical gold as an underlying asset. No demat account is required to invest in this scheme.
• Investment Objective - To produce returns that matches the returns offered by Axis Gold ETF.
• Ideal for - Investors who are looking to grow their capital over a medium or long term and who wish to invest in gold ETF.

Scheme features:

Benchmark Index	Domestic Price of Gold
Total Expense Ratio	As on 1 April 2018, the TER for: Regular Plan - 1.3% Direct Plan - 0.15%
Investment Options	Growth and Dividend
Minimum Investment	Rs.5,000
Entry Load	Not Applicable
Exit Load	1% exit load will apply if investors exit before 1 year from unit allotment date
Riskometer	Moderately High
Fund Manager	Mr. Devang Shah

3. Axis Nifty ETF - This is an open-ended exchange-traded fund that tracks the Nifty 50 Index consisting of 50 companies that are spread across 12 segments. This scheme follows an efficient low-cost strategy and offers protection to investors against short-term outflows and inflows.
• Investment Objective - To generate returns for the investor that commensurates with the returns offered by Nifty 50 Index but will be subject to tracking errors.
• Ideal for - Investors who seek capital gains over medium to long term and who prefer investing in equity and its associated instruments enclosed in the Nifty 50 Index.

Scheme features:

Benchmark Index	NIFTY 50 Index
Total Expense Ratio	0.07% (As on 1 April 2018)
Investment Options	Growth
Minimum Investment	Minimum lot of 1 unit
Entry Load	Not Applicable
Exit Load	Nil
Riskometer	Moderately High
Fund Manager	Mr. Ashish Naik

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:

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.

Frequently Answered Questions on Axis Mutual Funds

1. Can I invest through a Systematic Investment Plan?

Yes, you can. It can be done through an online facility known as iSIP or internet SIP. To register for an iSIP, investors should have access to netbanking with the utility payment facility activated with his/her bank. To apply for an iSIP, you can follow the below steps:

• Fill the iSIP application registration form available on the Axis Mutual Fund website.
• Confirm the details of your investment.
• Make a note of the Unique Registration Number (URN) that is generated.
• Login to your netbanking account of your bank and add Axis Mutual Fund as a biller.
• Enter the URN on the requested section to complete the registration process.
2. What is a Systematic Transfer Plan?

Systematic Transfer Plan (STP) is the facility provided to an investor wherein he/she invests a lump sum amount in a mutual fund scheme and the predefined amount can be switched to another scheme. The predefined amount will be transferred to the target scheme on the date chosen by the investor. Investors can register for this facility online by logging in with the EasyInvest ID. For this, the investor needs to activate the EasyInvest ID first which can also be done on the Axis Mutual Fund website.

3. What is EasyInvest?

Axis Mutual Fund offers a service which allows investors to carry out financial transactions anytime, from anywhere. This service is known as EasyInvest and it aids investors to purchase, redeem, or switch between units of Axis Mutual Fund online. The service also allows investors to view/download their account and transaction statements.

4. Are my online transactions safe?

Absolutely. All the online transactions of Axis Mutual Fund are protected by Secure Sockets Layer (SSL), a technology which ensures that the information sent and received by the website are confidential. The website is also digitally certified by Verisign, a pioneer in internet security.

5. What is the procedure for transacting online?

Login to the official website of Axis Mutual Fund - www.axismf.com and click on the ‘Invest With Us’ button. New investors can click on the ‘New Investor’ button and complete the registration process. Existing investors can enter their Login ID and password in the ‘Existing Investor’ button.

6. How can I calculate the returns on my mutual fund units?

Returns on your investments can be calculated in 2 ways - absolute returns and annualised returns. Absolute returns is an increase or decrease in your investments expressed as a percentage. For example, if you invested Rs.2.75 lakh and the current market value of the investment is Rs.5.25 lakh then your absolute return will be 90.99% (5,25,000 - 2,75,000/5,25,000). Absolute return method is used for investments that have a tenure of less than 1 year.

On the other hand, annualised returns or compound annual growth rate (CAGR) measures the rate of return over an investment period. CAGR = Current Value/Starting Value^ (1/no. of years) - 1.

7. What are actively managed funds and passively managed funds?

Passively managed funds are those which mirror an index to fetch returns. Actively managed funds are ones on which the fund manager has the discretion to purchase and sell the stocks of companies. The fund manager uses his expertise and his research during the purchase and sale of stocks.

8. What is SIP switch?

This is a facility where investors can continue their SIP existing installments on a different scheme but with the same regulations. An SIP switch can be done only within the folio and not to a different folio. Investors using iSIP facility are also eligible for SIP switch but for this, a physical application needs to be submitted.