Top Axis Bank Mutual Fund Schemes for SIP Investment

Axis Mutual Fund is one of the leading and most popular asset management companies in India. As a top fund Management Company in India Axis Bank mutual fund offers a wide range of fund options like a hybrid, equity, money market, and debt to cater to all types of investment needs of the investors. As a lucrative option of investment, Axis Mutual Fund offers an opportunity to accumulate wealth for the future so that you can achieve the ultimate financial goals of life.  

As a remunerative investment instrument, the investors can plan to make an investment in any of the Axis Bank Mutual fund schemes either through the process of Axis Bank SIP or by the lump-sum method. 

The Systematic investment plans (SIP) offered by Axis Bank are flexible and can be availed easily.  Thus, it is a great choice of investment for those investors who want to create a financial cushion by making investments in the mutual fund. As per the existing rule, one can decide to invest through Axis Bank SIP for the tenure of their choice and can start the investment with a minimum amount of Rs.500-Rs.1000 as per the requirement of SIP investment.

How Does Mutual Fund SIP Works

In order to start the systematic plan, Axis Bank SIP requires the investors to provide all the key details. The work process of Axis Bank Mutual Fund SIP is similar to any other SIP plan, in which one is required to invest a specific amount at Axis mutual fund scheme at a fixed interval of time. As per their own choice, the investor can increase or decrease the tenure of SIP-based on the type of scheme they are investing in. The minimum limit of investment in Axis mutual fund SIP is Rs.500.

Benefits of Investing in Axis Mutual Fund Scheme through SIP

Initiates Disciplined Investments

By investing in Axis Bank SIP the investors have an opportunity to plan their yearly invest goals in order to achieve the financial objectives in long-term and short-term. One of the major benefits of investing in SIP is that it provides investors a disciplined approach towards investment. In Axis Bank SIP, the investors can invest a fixed amount periodically in the fund. With a disciplined method of investment, the investors can plan their yearly investment goal so that they can achieve their short-term and long-term financial objectives. Axis Mutual Fund SIP is not limited to the investment amount but with a long-term, disciplined and periodical investment approach it is considered as a good investment option in long-term as compared to regular options of investment.

The Benefit of Rupee Cost Averaging

Based on the market fluctuation the Axis Bank SIP fund prices change on a daily basis. However, the investment amount in SIP is fixed; with the benefit of rupee cost averaging an individual can purchase number of units when the share market price is low and the less number of units when the share market price is high.

The Flexibility of Investment Tenure

Axis Bank SIP  provides flexibility to the investors to choose the term period of investment as per their own suitability and requirement.  The investors can start investing in Axis Bank SIP with a minimum term period of 6 months and a maximum tenure of their choice.  Moreover,  based on the investment target, one can also decrease or increase the SIP tenure. Apart from the benefit of changing the tenure of Axis Bank SIP Investment, it also offers the option to discontinue any existing SIP without any penalties. In order to discontinue the ongoing SIP plan, one just needs to login to the investment account of the mutual fund.

The Flexibility of Investment Amount

The investors can start investing in Axis Bank SIP with a minimum amount of Rs.500 whereas, there is no maximum limit of investment in SIP plans. The investors can invest the maximum amount as per their own suitability and requirement. In addition to this, one can also decide to invest simultaneously in more than one SIP scheme and can also decrease or increase the investment amount according to their own choice.  The flexibility in the amount of investment offered by Axis Bank Sip helps the investors to invest in Sip scheme in a hassle-free and easy way.

Offer Benefit of Long-Term Investment

If an individual starts investing in SIP at an early stage of life then they can gain the benefit of the power of compounding.  The principal amount together with dividend/interest is reinvested every year in order to multiply wealth rapidly and offers a higher return on investment over a long-term period. Moreover, in SIP investment the amount is majorly invested in equity related instruments and equity which are the best option of investment for long-term.

Best Performing Axis Bank SIP Funds

Aix Bank SIP offers a wide range of fund options to invest in according to one’s own choice and suitability. Let’s take a look at some of the best performing Axis Bank SIP Funds. 

Axis Focused 25 Funds

This is an open-ended equity fund which aims to provide a higher return on investment by investing majorly in equity and equity-related securities. Under this fund option, the major investments are made in large-cap companies. This fund is best suitable for individuals who have a high-risk appetite and wants to gain a higher return on investment.

Axis Long-Term Equity Fund

This is an open-ended equity fund, which offers long-term capital growth to the investors. Under this fund option, the investment is through the diversified portfolio in equity and equity related instruments with an aim to accumulate wealth over a long-term period. As a diversified equity fund, the money is majorly invested in the large-cap and mid-cap fund. This fund option is best suitable for individuals who have a high-risk appetite and wants to create wealth over a long-term period.

Axis Midcap Fund

This fund option aims to achieve long term capital appreciation by investing majorly in equity and equity related instrument of mid-cap companies. Even though, the fund majorly invests in mid-cap companies, around 30% of the fund asset is invested in large-cap companies. This fund option is beneficial for individuals who have a high to medium risk appetite and want to create corpus over a long term period.

Axis Regular Saver Fund

This fund option aims to provide regular income by making investment majorly in debt and money market securities.  The main objective of this fund is to create regular income for the investors. This fund option is best suitable for investors who have a low-risk appetite and wants to have continues flow of income at particular intervals of time. 

Axis Equity Saver Fund

As an open-ended scheme, Axis equity saver fund aims to provide capital growth and income distribution to the investors by investing majorly in equity and equity-related securities, debt and money market instrument and arbitrage opportunities.

Fund Name

1 Year (Returns)

3 Years (Returns)

5 Years (Returns)

Total SIP Investment Amount

Axis Focused 25 Fund

23.59%

16.89%

17.99%

Rs.24,000

Axis Long-Term Equity Fund

17.93%

14.69%

22.81%

Rs.24,000

Axis Mid-cap Fund

17.90%

12.48%

21.14%

Rs.24,000

Axis Regular Saver Fund

9.12%

N/A

N/A

Rs.24,000

Axis Equity Saver Fund

 

10.29%

N/A

N/A

Rs.24,000

 

Eligibility Criteria for Investment in Axis Bank SIP Plans

 The investors are required to provide the below-mentioned information in order to invest in Axis Bank SIP Plans.

  • Complete the Know Your Customer (KYC) which is a one-time identification verification process.
  • Address proof documents.
  • Submit PAN card and Aadhar Card.