Introduction
In 2019, when the Indian economy faced a slowdown and the financial market was not performing. This was the time when the Axis Mutual Fund saved investors from big losses.
It is an asset management company that started in the year 2009. This AMC started after the partnership of Axis Bank and Schroder Singapore Holdings. If you know the 2019 slowdown where the mutual funds market was not performing well, the Axis fund became one of the AMCs that made great returns. Its schemes like Axis Multicap and Bluechip fund have delivered an average of 17.88% returns. This is the reason why this AMC has a different value in the market.
In this article, you will learn everything about this amazing fund house. You will get in-depth details of its investing strategy, best Axis mutual funds and many more.
What is Axis Mutual Funds
The Axis is a fund house that is known for its performance and disciplined investing. In the financial market, it manages investments and provides financial solutions. With its 72 schemes, the fund has a 3,26,097 crores large asset under management. These schemes include 16 equity, 14 debt, 6 hybrid, 20 index funds and many more. It means you can easily invest in a scheme that fits with your financial goals and objectives.
In just 2 years, the fund has achieved a growth in AUM of almost Rs 50,000 crores. It shows how quickly this AMC is growing in the mutual funds market. In the crowd of AMCs, it holds the 8th position in top fund houses.
Do you know how this AMC invest in the right stocks? Lets Explore.
Investing Strategy of Axis Mutual Fund
One thing that plays an important role in any AMC growth is how it invests. By combining growth and stability, the Axis fund house uses a strategy that helps to achieve both. The biggest reason for Axis fund house growth is its ability to invest in the right stocks. It uses bottom-up stock selection that helps to only invest in stocks that have the potential to grow investments.
Its investing strategy focuses on reducing risk management through diversification. The fund house spreads its portfolio into different sectors which helps to reduce the risk. Another advantage of this strategy is that it helps to benefit different sectors growth.
By using this investing strategy that combines quality stock selection, diversification and active management, Axis mutual funds aim to provide long-term wealth.
This time to explore some best axis schemes for investment.
Which Mutual Fund of Axis Is Best for You?
Choosing the best Axis fund is hard but you can invest from these best Axis mutual fund that delivered great returns:
1. Axis Multicap Fund:
It is an equity-type fund that started in 2021 and currently has an AUM of Rs 6,347 crores. The fund focuses on investing in a mix of large, mid and small-cap stocks. This fund is best for you if you want to achieve a balanced growth.
2. Axis Small Cap Fund
This fund is best for you if you want to make higher returns while taking high risks. It focuses on investing in small-cap stocks that have higher growth potential and you can also start with a SIP of Rs 100.
3. Axis Mid Cap Fund
It focuses on investing in mid-sized stocks to build stable growth. With an AUM of Rs 26,087 crores, it is the best fund for investors who want to achieve a balanced growth while taking moderate risk.
4. Axis Growth Opportunity Fund
This Axis mutual fund focuses on investing in a mix of large and mid-cap stocks to make long-term returns. It has an AUM of Rs 12,595 crores and this fund is great for investors who want a low-risk fund.
5. Axis ELSS Tax Saver Fund
This fund is a great choice for investors who want to save taxes on their returns. Because this scheme comes under section 80C of Income Tax, you can claim taxes up to Rs 1.5 lakh on your returns.
Have you ever thought about why starting an SIP in axis funds is safe? Lets explore.
How is an SIP in Axis Mutual Fund Safe?
Investing through a systematic plan in Axis fund is safe because of these reasons:
1. Reduce Market Risk
If you want to benefit axis funds growth but hesitate to invest because of the market risk, then starting a systematic plan is a great choice. You can reduce the market timing risk by investing a fixed amount at set times.
2. Higher Compounding Benefits
To generate higher returns through SIP, you need to invest for a long time. Because the fund focuses on long-term investments, you can hold your systematic investment for a long time. This helps you to benefit from higher compounding returns and grow your money over time.
3. Strong Past Performance
During COVID, When the market was not performing well, the Axis fund helped investors by making more than 17% returns. It shows the fund has the ability to make great systematic plan returns in future.
You can make your investment more profitable by considering a few factors that you will see in the next step.
Important Factors to Consider When Investing in Axis Mutual Funds
Investing in Axis funds is a great choice when you keep a few things in mind:
1. Investment Goal
Are you investing for your retirement or building wealth? Having a clear idea about these things will help you to choose the best fund for you that matches with your goals.
2. Risk Factor
Different Axis mutual funds come with different levels of risk. This is why its better to understand how much risk you can take in your investment. It will help you to make the right decision.
3. Expense Ratio
If you do not want to pay a higher portfolio management fees, then you should know about axis funds expense ratio before investing. This is how you can choose the right scheme for you.
This time to conclude this article and move to the final section.
Final Summary
In short, Axis Mutual Fund makes your investing journey profitable by giving you strategic investment, a diversified portfolio and so many schemes. Its past performance and consistency make it a strong financial partner for every investor. This is the reason why over 20 lakh investors trust Axis schemes for investment.
You can also invest in axis funds with a SIP plan. This plan helps you to invest a small fixed amount at set times and because you are investing small, you can make yourself safe from bigger losses.
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