Axis Bank SIP Plans

Axis Bank offers a range of Systematic Investment Plans (SIPs) to help you grow your wealth steadily over time. SIPs are a convenient way to invest in Axis mutual funds by regularly contributing a fixed amount at predetermined intervals. Axis Bank SIP plans provide various investment options tailored to suit different financial goals, risk appetites, and time horizons.

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SIP Benefits
Start SIP with as low as ₹1000
Start SIP with as low as ₹1000
No hidden charges
No hidden charges
Save upto ₹46,800 in Tax
Save upto ₹46,800 in Taxunder section 80 C
Zero LTCG Tax
Zero LTCG Tax^ (Unlike 10% in Mutual Funds)
Disciplined & worry-free investing
Disciplined & worry-free investing

  • Insurance Companies
  • Mutual Funds
Returns
Fund Name 3 Years 5 Years 10 Years
Top 200 Fund Tata AIA 25.81% 27.49%
21.65%
View Plan
Virtue II PNB Metlife 24.47% 23.35%
19.37%
View Plan
Pure Equity Birla Sun Life 21.79% 19.59%
18.46%
View Plan
Growth Opportunities Plus Fund Bharti AXA 17.41% 18.75%
18.22%
View Plan
Pure Stock Fund Bajaj Allianz 18.6% 17.6%
17.82%
View Plan
Blue Chip Fund HDFC Standard 12.63% 15.02%
15.28%
View Plan
Growth Super Fund Max Life 12.81% 15.16%
14.69%
View Plan
Equity Fund SBI 13.65% 15.04%
14.38%
View Plan
Multi Cap Growth Fund ICICI Prudential 14.97% 14.08%
14.17%
View Plan
Equity II Fund Canara HSBC Oriental Bank 12.23% 12.78%
12.45%
View Plan

Updated as on February 2024

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  Returns
Fund Name 5 Years 10 Years RSI
Active Fund QUANT 27.80% 23.96%
21.08%
Large and Mid Cap Fund QUANT 23.27% 22.69%
19.64%
Flexi Cap Fund PARAG PARIKH 23.90% 20.22%
20.15%
Large and Mid Cap Fund EDELWEISS 20.32% 18.01%
16.76%
Equity Opportunities Fund KOTAK 20.22% 18.98%
17.44%
Large and Midcap Fund MIRAE ASSET 21.11% 24.56%
23.01%
Flexi Cap Fund PGIM INDIA 21.48% -
15.13%
Flexi Cap Fund DSP 19.48% 17.73%
15.82%
Emerging Equities Fund CANARA ROBECO 18.91% 22.92%
20.84%
Focused fund SUNDARAM 18.22% 16.55%
15.16%

Updated as on March 2024

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What is the Axis Bank SIP Plan?

Axis Bank SIP (Systematic Investment Plan) is a method of investing in market-linked funds where you regularly invest a fixed amount of money at predefined intervals. This allows you to invest systematically over time, regardless of market fluctuations. 

With Axis Bank SIP investment, you can set up automatic deductions from your bank account and invest in various market linked funds offered by Axis Mutual Fund House. This helps in disciplined investing and allows you to benefit from the power of compounding over the long term. 

Top Axis Bank SIP Plans in 2024

Axis Bank offers a wide range of SIP Plans to invest in different categories of market-linked funds, according to your own choice and suitability. 

Let us take a look at some of the best SIP Plans offered by Axis Mutual Fund:

Fund Name 3-Year Returns 5-Year Returns RSI*  
Equity Funds
Axis Small Cap Fund 27.20% 27.50% 24.80%
Axis Growth Opportunities Fund 20.60% 22.90% 22.30%
Axis Mid-cap Fund 18.90% 22.00% 19.70%
Debt Funds
Axis Credit Risk Fund 6.80% 7.00% 8.10%
Axis Strategic Bond Fund 6.80% 7.60% 8.60%
Axis Dynamic Bond Fund 6.10% 7.80% 8.50%
Hybrid Funds
Axis Balanced Advantage Fund 13.20% 12.20% 10.80%
Axis Equity Hybrid Fund 10.40% 13.50% 11.90%
Axis Equity Saver Fund 10.50% 11.20% 9.80%
Solution Oriented Schemes
Axis Retirement Savings Fund Dynamic Plan 12.20% 14.80%
Axis Retirement Savings Fund Aggressive Plan 10.10% 13.20%
Axis Retirement Savings Fund Conservative Plan 9.40% 11.20%
Other Axis Mutual Fund Schemes
Axis Nifty 100 Index Fund 16.10% -- 17.40%
Axis Global Equity Alpha FoF 12.90% -- 14.80%
Axis Gold Fund 12.60% 14.50% 5.70%

* RSI: Returns Since Inception

Details of Best Axis Bank SIP Plans

  1. Axis Small Cap Fund

    Axis Small Cap Fund is a small-cap mutual fund scheme offered by Axis Mutual Fund. It invests in companies with a market capitalization of Rs. 500 crores or less.

    Features of SIP in Axis Small Cap Fund:

    • Investment Objective: To generate long-term capital appreciation by investing in a diversified portfolio of small-cap stocks.

    • Launch Date: September 04, 2009

    • Asset Allocation (as of March 11 2024): Equity (91.20%), Debt (10%), and Money Market (-1.20%)

    • Benchmark Index: NIFTY Smallcap 250

    • Assets Under Management (AUM): ₹ 19,606.42 Cr.

    • Fund Managers: Mr. Shreyansk Devalkar, Mr. Mayank Hyanki, & Mr. Krishnaa N

    • Current NAV (as of January 31, 2024): ₹ 97.94

  2. Axis Growth Opportunities Fund

    The Axis Growth Opportunities Fund is a large and mid-cap mutual fund scheme offered by Axis Mutual Fund. It invests in a portfolio of both large-cap and mid-cap stocks, with the aim of providing capital appreciation over the long term.

    Features of SIP in Axis Growth Opportunities Fund:

    • Investment Objective: To generate long-term capital appreciation by investing in a diversified portfolio of small-cap stocks.

    • Launch Date: September 04, 2009

    • Asset Allocation (as of March 11 2024): Equity (98.40%), Debt (1.3%), and Money Market (0.30%)

    • Benchmark Index: NIFTY Large Midcap 250  

    • Assets Under Management (AUM): ₹ 11,310.89 Cr.

    • Fund Managers: Mr. Shreyansh Devalkar, Mr. Hitesh Das, & Mr. Krishnaa N

    • Current NAV (as of January 31, 2024): ₹ 29.50

  3. Axis Credit Risk Fund

    Axis Credit Risk Fund is a debt mutual fund scheme offered by Axis Mutual Fund. It is an open-ended debt scheme that predominantly invests in AA and below rated corporate bonds (excluding AA+ rated corporate bonds). This means the fund invests in companies that are considered to be of moderate to high credit risk.

    Features of SIP in Axis Credit Risk Fund:

    • Investment Objective: To generate long-term capital appreciation by investing in a diversified portfolio of small-cap stocks.

    • Launch Date: September 04, 2009

    • Asset Allocation (as of March 11 2024): Debt (98.00%) and Money Market (2.00%)

    • Benchmark Index: NIFTY Credit Risk Bond 

    • Assets Under Management (AUM): ₹ 471.97 Cr.

    • Fund Managers: Mr. Devang Shah & Mr. Akhil Bipin Thakkar

    • Current NAV (as of January 31, 2024): ₹ 21.31

  4. Axis Balanced Advantage Fund

    Axis Balanced Advantage Fund is a dynamic asset allocation fund offered by Axis Mutual Fund. It is an open-ended fund that invests in a mix of equity and debt instruments. The asset allocation of the fund is not fixed and is dynamically changed by the fund manager based on the prevailing market conditions.

    Features of SIP in Axis Balanced Advantage Fund:

    • Investment Objective: To generate long-term capital appreciation by investing in a diversified portfolio of small-cap stocks.

    • Launch Date: January 01, 1991

    • Asset Allocation (as of March 11 2024): Equity (69.20%), Debt (30.40%), and Money Market (-0.50%)

    • Benchmark Index: NIFTY 50 Hybrid Composite Debt 50:50 Index 

    • Assets Under Management (AUM): ₹ 2,057.77 Cr.

    • Fund Managers: Mr. R Sivakumar, Mr. Ashish Naik, Mr. Hardik Shah, & Mr. Jayesh Sundar

    • Current NAV (as of January 31, 2024): ₹ 19.74

  5. Axis Equity Hybrid Fund

    Axis Equity Hybrid Fund is an aggressive hybrid mutual fund scheme offered by Axis Mutual Fund. It invests predominantly in equity and equity-related instruments, along with a small allocation to debt instruments.

    Features of SIP in Axis Equity Hybrid Fund:

    • Investment Objective: To generate long-term capital appreciation by investing in a diversified portfolio of small-cap stocks.

    • Launch Date: September 04, 2009

    • Asset Allocation (as of March 11 2024): Equity (75.30%), Debt (25.40%), and Money Market (-2.00%)

    • Benchmark Index: CRISIL Hybrid 35 + 65 Aggressive Index 

    • Assets Under Management (AUM): ₹ 1,590.43 Cr.

    • Fund Managers: Mr. Sivakumar, Mr. Aditya Pageria, Mr. Ashish Naik, & Mr. Jayesh Sundar

    • Current NAV (as of January 31, 2024): ₹ 18.79

  6. Axis Retirement Savings Fund Dynamic Plan

    Axis Retirement Savings Fund Dynamic Plan is a solution-oriented mutual fund scheme launched by Axis Mutual Fund. It is designed to cater to the long-term retirement needs of investors. The fund invests in a mix of equity and debt instruments, with the asset allocation dynamically adjusted based on the investor's age and risk profile.

    Features of SIP in Axis Retirement Savings Fund Dynamic Plan:

    • Investment Objective: To grow your money by investing in stocks and related assets for potential gains, and also by investing in bonds and money market securities for regular income. The fund keeps an eye on market risks and adjusts investments accordingly to help protect your money.

    • Launch Date: September 04, 2009

    • Asset Allocation (as of March 11 2024): Equity (96.30%) and Money market (3.70%)

    • Benchmark Index: NIFTY 100 ESG Index 

    • Assets Under Management (AUM): ₹ 330.92 Cr.

    • Fund Managers: Mr. R Sivakumar, Mr. Nitin Arora, Mr. Jayesh Sundar, and Mr. Krishnaa N.

    • Current NAV (as of January 31, 2024): ₹ 17.97

  7. Axis Nifty 100 Index Fund

    The Axis Nifty 100 Index Fund is an index fund offered by Axis Mutual Fund that tracks the Nifty 100 Index. The Nifty 100 Index is a benchmark index that represents the performance of the 100 largest companies listed on the National Stock Exchange of India.

    Features of SIP in Axis Nifty 100 Index Fund:

    • Investment Objective: To mirror the performance of the NIFTY 100 index, net of expenses incurred by the fund. This means the fund aims to deliver returns that are close to the returns generated by the NIFTY 100 index.

    • Launch Date: Sept 04, 2009

    • Asset Allocation (as of March 11 2024): Equity (99.90%), Debt (0,50%), and Money Market (-0.40%)

    • Benchmark Index: NIFTY 100  

    • Assets Under Management (AUM): ₹ 1,184.34 Cr.

    • Fund Managers: Mr. Ashish Naik & Mr. Karthik Kumar

    • Current NAV (as of January 31, 2024): ₹ 20.20

  8. Axis Global Equity Alpha FoF

    Axis Global Equity Alpha FoF is an international fund of funds (FoF) scheme offered by Axis Mutual Fund. It invests in another fund, specifically the Schroders International Selection Fund Global Equity Alpha, which focuses on investing in global equities with the potential to generate alpha (returns above the benchmark).

    Features of SIP in Axis Global Equity Alpha FoF:

    • Investment Objective: To provide long-term capital appreciation by primarily investing in Schroder International Selection Fund Global Equity Alpha, an equity fund that focuses on capital growth through investments in stocks and equity-related securities of companies worldwide.

    • Launch Date: Sept 04, 2009

    • Asset Allocation (as of March 11 2024): Equity (96.40%) and Debt (3.60%)

    • Benchmark Index: MSCI World Return Index 

    • Assets Under Management (AUM): ₹ 892.37 Cr.

    • Fund Managers: Mr. Krishnaa N 

    • Current NAV (as of January 31, 2024): ₹ 16.12

Benefits of Investing in Axis Bank SIP Plans

Axis Bank offers the best SIP plans with the following benefits:

  • Disciplined Investing: SIPs encourage regular and disciplined investing, helping you avoid emotional decisions driven by market volatility.

  • Rupee Cost Averaging: By investing a fixed amount regularly, you can buy more units when prices are low and fewer units when prices are high. This results in a lower average cost per unit over time.

  • Flexibility: You can choose the frequency of their SIP contributions (monthly, quarterly, etc.), as well as the amount you want to invest.

  • Diversification: Axis Bank offers a variety of mutual funds covering different asset classes and investment strategies, allowing you to diversify your portfolios effectively.

  • SIP Calculator: You can estimate the potential returns on your SIP investment over a period of time, which helps you make informed decisions.

  • Professional Management: The mutual funds offered through Axis Bank SIP plans are managed by experienced fund managers who make investment decisions based on thorough research and analysis.

In Summary

The Axis Bank SIP Plan offers a convenient and systematic approach to investing, allowing you to grow your wealth steadily over time. With its user-friendly interface and diverse investment options, it empowers you to achieve your financial goals with ease and efficiency.

FAQ's

  • What are the benefits of investing in Axis Bank SIP plans?

    SIP investments through Axis Bank offer benefits like flexibility (choose amount & frequency), inculcates discipline (regular investing), benefits from rupee-cost averaging, and a wide range of market-linked funds to choose from.
  • What are the minimum and maximum investment amounts for Axis Bank SIPs?

    The minimum and maximum investment amounts can vary depending on the chosen market-linked fund scheme. Axis Bank typically allows SIPs to start at a minimum of Rs. 1500.
  • What are the fees associated with Axis Bank SIPs?

    There are usually no additional charges for starting an SIP through Axis Bank. However, the market-linked fund itself might have expense ratios associated with management fees.
  • How can I start an Axis Bank SIP plan?

    You can initiate an Axis Bank SIP plan by visiting their website or through their mobile banking app. They might also offer assistance through their branch network.

+For Mutual Fund midcap category Returns https://www.morningstar.in/tools/mutual-fund-category-performance.aspx & for Insurance midcap fund category Returns- https://www.morningstar.in/tools/insurance-fund-category-performance.aspx
*Past 10 Year annualised returns as on 01-12-2023
*All savings are provided by the insurer as per the IRDAI approved insurance plan. Standard T&C Apply
^The tax benefits under Section 80C allow a deduction of up to ₹1.5 lakhs from the taxable income per year and 10(10D) tax benefits are for investments made up to ₹2.5 Lakhs/ year for policies bought after 1 Feb 2021. Tax benefits and savings are subject to changes in tax laws.
~Source - Google Review Rating available on:- http://bit.ly/3J20bXZ
^^The information relating to mutual funds presented in this article is for educational purpose only and is not meant for sale. Investment is subject to market risks and the risk is borne by the investor. Please consult your financial advisor before planning your investments.

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