Axis Mutual Fund

Axis Mutual Fund started operations in 2009 and is sponsored by Axis Bank. Over the years, it has built a broad product range of 97 schemes covering equity, debt, hybrid, index funds, ETFs, and fund of funds. They have a huge passive fund lineup, giving you options beyond actively managed schemes.

Here’s a quick glance at the AMC’s basic details:

Data as of 31 August, 2026.

Axis MF follows a quality-focused, bottom-up approach to equity investing. Its fund managers study individual companies rather than only making decisions based on the overall market. The AMC’s philosophy also includes active management, sustainable growth, research and risk management.

The fund manager structure is another highlight. R Sivakumar is the CIO, while Shreyash Devalkar heads equity and Devang Shah heads fixed income. The wider team also has dedicated managers for passive equity, overseas securities, commodities and debt portfolio.

Axis also has some less conventional strategies. For example, Axis Quant Fund combines a quantitative model with the AMC’s fundamental research. It looks at factors such as quality, growth and valuation.

Another important highlight is that Axis Nifty 50 ETF has a 0.03% annualised tracking error as of August 31, 2026. This shows how closely the ETF has followed its benchmark.

Axis MF offers a fairly broad mix of active and passive products to choose from. The AMC’s August factsheet has listed 97 schemes, which are classified category-wise below:

Whether you’re looking for actively managed or passive funds, you’ll find a wide range of options. There is also a good spread within equity. You can find broad-market funds as well as focused options such as manufacturing, consumption, business cycles, momentum, healthcare, IT and defence-oriented products.

Mutual funds work through a regulated structure. Your money is collected along with other investors and invested according to the scheme’s stated objective. The AMC manages the investments, while the trustee oversees the AMC and checks that the fund is being managed in the interest of the investors. A separate custodian holds all the securities and assets of the schemes.

Axis Mutual Fund is registered with SEBI. So the whole process is regulated under its framework. However, this does not mean that SEBI or Axis Bank guarantees your returns. Mutual funds are market-linked products, so the value of your investment can rise or fall. Always check the scheme’s risk level, objective and portfolio before investing.

Past returns tell you how a particular fund has performed against its peers over different periods. To help you assess the Axis Mutual Fund’s track record, here’s a list of schemes that have beaten their respective category’s 3-year and 5-year averages.

3-year returns vs category comparison

5-year returns vs category comparison

Note: Do not treat returns as a promise of future performance. Use them along with the fund’s benchmark, portfolio, risk level, costs and investment strategy before making a decision.

Rather than chasing the top Axis mutual funds, start by figuring out your own requirements, such as:

• Why are you investing: Your choice can be different if you are saving for a retirement goal compared to a short-term goal like buying a laptop. So first define your goal.
• What is your investment time frame: Once you have your goal, assess how long you need to stay invested. A scheme that is ideal for a long-term goal may not be suitable if you need your money within a year.
• How much risk you can handle: Equity funds can see sharp ups and downs, while debt and hybrid funds can be more stable. You should be comfortable enough with the fund’s risk that a temporary fall doesn’t make you stop your SIP.

Once you know these things, you can choose the fund category that fits your needs. Then compare the top Axis mutual funds within that category.

You can invest in Axis SIP plans or lump sum investments on Millions in just a few taps. Download the Millions app from the Google Play Store or the iOS App Store, create a free account and complete your KYC. Then simply follow these steps:

1. Once you log in, go to the ‘Mutual Fund’ section.
2. Type ‘Axis Mutual Fund’ in the search bar.
3. From the list of available funds, select the one you want to explore.
4. Check details such as latest NAV, performance, holdings, risk, fund managers, scheme document and other details.
5. Tap ‘One-time’ or ‘SIP’, depending on how you want to invest.
6. Enter the investment amount. For SIP, select the frequency and debit date.
7. Ensure the details are correct, then tap ‘Invest Now’.
8. Authorise the payment using the OTP.

That’s all! Your SIP is set. Note that the minimum investment can vary from one scheme to another. Most Axis mutual fund schemes start at ₹100 for lump sum and SIP, while some may have higher minimums. For instance, Axis Large Cap Fund Direct Growth has a ₹100 minimum for both. Always check the ‘Scheme Snapshot’ for the exact fund before investing.

If you’re planning a regular investment, the SIP Calculator can help you estimate how your money may grow based on your SIP amount, time period and expected return. Keep in mind that the result is only an estimate.

You can prefer Direct Plans as they generally have a lower expense ratio because of no distributor commission. However, cost isn’t the only factor you should consider. Look at the fund’s objective, portfolio and risk as well.