Investors are increasingly looking for structured strategies that offer balanced growth and long-term gains. In this example, we explore a five-year investment in HDFC Balanced Advantage Fund with an STP (Systematic Transfer Plan) to HDFC Mid-Cap Opportunities Fund, aiming to maximize returns through balanced fund growth and targeted mid-cap exposure. All calculations are based on the last 3 years’ CAGR as of October 27, 2024.

Fund types and growth rates:

1. HDFC Balanced Advantage Fund – Direct (Hybrid Fund): A hybrid fund combines equity (stocks) and debt (fixed income) investments to balance growth potential and risk. By diversifying into both types of assets, hybrid funds offer moderate risk, making them ideal for investors looking to grow their wealth with a controlled level of exposure to market fluctuations. The HDFC Balanced Advantage Fund, in particular, provides a 3-year CAGR of 23.42%.
2. HDFC Mid-Cap Opportunities Fund – Direct (Equity Fund): An equity fund focuses primarily on stocks to provide potentially high returns over the long term. In this case, the HDFC Mid-Cap Opportunities Fund emphasizes mid-cap stocks—companies that are not yet large-scale but show strong growth potential. With a 3-year CAGR of 29.68%, this fund aims to capture the growth of emerging mid-sized companies in the market, albeit with higher volatility than a hybrid fund.

Initial investment and STP setup

1. Initial Investment: ₹5 lakh is invested in the HDFC Balanced Advantage Fund, allowing the balance to grow while monthly transfers are made.
2. Monthly STP: ₹5,000 is systematically transferred to the HDFC Mid-Cap Opportunities Fund, allowing growth from both funds through compounding while maintaining a monthly drawdown from the Balanced Advantage Fund.

Investment breakdown and calculated returns after 5 years

1. Total investment:

• One-time initial investment: ₹5 lakh in the HDFC Balanced Advantage Fund.
• Total STP amount transferred: Over five years, ₹5,000 is transferred monthly to the Mid-Cap Fund, amounting to ₹3 lakh.

2. Returns from each fund:

• HDFC Balanced Advantage Fund – Direct:
  • Final balance after 5 years, post-STP deductions: ₹9.05 lakh.
  • Total earnings from this fund after factoring in STP deductions: ₹7.05 lakh.
• HDFC Mid-Cap Opportunities Fund – Direct (via STP):
  • Future value after 5 years: ₹6.09 lakh.
  • Total earnings in the Mid-Cap Fund from STP contributions: ₹3.09 lakh.

3. Final corpus:

• The total corpus after 5 years, combining both funds’ returns, amounts to approximately ₹15.14 lakh.

Detailed analysis of growth

The initial investment in the HDFC Balanced Advantage Fund not only grew independently at a rate of 23.42% CAGR but also facilitated the monthly STP to the HDFC Mid-Cap Opportunities Fund. The Mid-Cap Fund’s higher 29.68% CAGR maximized returns on the transferred amount, allowing both funds to compound and contribute to the overall corpus.

Conclusion

By leveraging the HDFC Balanced Advantage Fund as a primary investment vehicle with STP transfers to the HDFC Mid-Cap Opportunities Fund, investors can create a diversified growth portfolio that balances risk with potential high returns. The strategic combination of consistent mid-cap exposure and balanced fund stability allowed the investment to grow to approximately ₹15.14 lakh over five years, with clear gains from both funds.

Disclaimer: This example is based on the 3-year CAGR of these funds as of October 27, 2024. All calculations are hypothetical and intended for illustrative purposes only. Mutual Fund investments are subject to market risks, and past performance is not indicative of future results. Please consult with a financial advisor to understand potential risks and returns before investing.

Kotak Mahindra Mutual Fund offers a conservative hybrid mutual fund scheme called Kotak Debt Hybrid Fund Direct Growth. This fund was launched on January 1, 2013, making it 11 years old. The Kotak Debt Hybrid Fund Direct Growth has assets under management (AUM) of ₹2,548 Crores, making it a medium-sized fund in its category.

The fund’s equity investments are mainly in the financial, automotive, energy, consumer staples and communication sectors. It has less exposure to the financial and automobile industries than other funds in the category.

Kotak Debt Hybrid Fund Performance

The growth returns over the last year for the Kotak Debt Hybrid Fund Direct were 17.39%. It has generated 11.32% average yearly returns since its launch. Every six years, the fund doubles the fund invested in it.

The Kotak Debt Hybrid Fund Direct -Growth scheme outperforms the majority of funds in its category in terms of consistent returns. Its capacity to manage losses in a falling market is average.

Kotak Debt Hybrid Fund Returns

Kotak Debt Hybrid Fund Top 5 Holdings

Kotak Debt Hybrid Fund Suitability

Conservative hybrid funds invest around a quarter of your money in equity shares and the remainder in bonds. These funds are appropriate for investors who are unable to tolerate many fluctuations in their investment value and who can tolerate higher returns that are slightly higher than those of fixed income options.

Disclaimer: The information provided in this article is for informational purposes only and should not be considered as financial advice. The data and figures presented are based on publicly available information and may be subject to change. Before making any investment decisions, it is recommended to conduct thorough research, consult with financial advisors, and consider your individual investment goals and risk tolerance. The author and publisher of this article do not assume any responsibility for any investment decisions made based on the information provided.

HDFC Balanced Advantage Fund Direct Plan-Growth is a Dynamic Asset Allocation mutual fund offered by Hdfc Mutual Fund. This fund was established on January 1, 2013. The HDFC Balanced Advantage Fund Direct Plan-Growth has assets under management (AUM) of ₹89,903 crores, making it a medium-sized fund in its category. The fund’s 0.73% expense ratio is similar to that of the majority of other Dynamic Asset Allocation funds.

The fund’s equity portion is mainly in the financial, energy, automobile, construction and capital goods industries. It has less exposure to the financial and energy industries than other funds in the category.

HDFC Balanced Advantage Fund Performance

The growth returns over the last year for the HDFC Balanced Advantage Fund Direct Plan are 41.98%. It has generated 16.93% average yearly returns since its launch. Every three years, the fund doubles the amount invested in it.

The HDFC Balanced Advantage Fund Direct Plan-Growth plan has a better track record of delivering consistent returns than other funds in its category. It has a strong capacity to control losses in a sinking market.

HDFC Balanced Advantage Fund Returns

HDFC Balanced Advantage Fund Top 5 Holdings

HDFC Balanced Advantage Fund Suitability

You could expect returns from fixed income options and profits that surpass the rate of inflation when you invest for a period of five years or more. However, be prepared to face fluctuations in the value of your investment along the way.

Dynamic Asset Allocation or Balanced Advantage funds invest your money in both equity shares and bonds, but the amounts are not fixed. Depending on their outlook on the market, the fund management team may raise or decrease the allocation to equity shares.

Disclaimer: The information provided in this article is for informational purposes only and should not be considered as financial advice. The data and figures presented are based on publicly available information and may be subject to change. Before making any investment decisions, it is recommended to conduct thorough research, consult with financial advisors, and consider your individual investment goals and risk tolerance. The author and publisher of this article do not assume any responsibility for any investment decisions made based on the information provided.

Operating as an investment management company, Kotak Mahindra Mutual Fund Asset Management Company Limited offers portfolio management and advisory services to several private funds, individuals, trusts, institutions and investment companies. Kotak Mahindra Mutual Fund AMC is a public company that services clients globally. It was started on August 2, 1994. It is listed as a non-governmental enterprise in the Mumbai corporate registry.

Here are the top 5 funds of Kotak Mahindra Mutual Fund

1. Kotak Infrastructure and Economic Reform Fund Direct Growth

Kotak Mahindra Mutual Fund offers an equity mutual fund scheme named Kotak Infrastructure and Economic Reform Fund Direct-Growth. Fund manager Nalin Rasik Bhatt is now in charge of the scheme. As of July 7, 2024, its AUM is ₹1,989.53 Crores, while its most recent NAV is declared at ₹84.116.

For this scheme, the minimum SIP amount to invest is ₹100.

2. Kotak Emerging Equity Fund Direct Growth

Kotak Emerging Equity Fund Direct-Growth is an equity mutual fund scheme offered by Kotak Mahindra Mutual Fund. Presently managed by fund manager Atul Bhole, this scheme was introduced on an Invalid date. The current NAV declared as of July 07, 2024, is ₹149.341 and it has an AUM of ₹45,017.71 Crores.

For this scheme, the minimum SIP amount to invest is ₹100.

3. Kotak Equity Savings Fund Direct Growth

During the last three and five years, the fund’s annualized returns have been around 13.55% and 12.5%. The Kotak Equity Savings Fund is under the Hybrid category of Kotak Mahindra Mutual Funds. As of July 7, 2024, its AUM is ₹5,605 crores.

For this scheme, the minimum SIP amount to invest is ₹100.

4. Kotak Debt Hybrid Fund Direct Growth

The fund’s annualized returns over the last three and five years have been around 12.32% and 13.08%, respectively. The Kotak Debt Hybrid Fund is under the Hybrid category of Kotak Mahindra Mutual Funds. As of July 7, 2024, its AUM is ₹2,477 crores.

For this scheme, the minimum SIP amount to invest is ₹100.

5. Kotak India EQ Contra Fund Direct-Growth

Kotak Mahindra Mutual Fund offers an equity mutual fund plan named Kotak India EQ Contra Fund Direct-Growth. This scheme was launched on an invalid date and is being managed by Shibani Sircar Kurian. It has an AUM of ₹3,136.40 Crores and the current NAV is ₹173.431 as of 07 Jul 2024.

For this scheme, the minimum SIP amount to invest is ₹100.

Disclaimer: The information provided in this article is for informational purposes only and should not be considered as financial advice. The data and figures presented are based on publicly available information and may be subject to change. Before making any investment decisions, it is recommended to conduct thorough research, consult with financial advisors, and consider your individual investment goals and risk tolerance. The author and publisher of this article do not assume any responsibility for any investment decisions made based on the information provided.

Bandhan Mutual Funds, which is funded by the Indian government, was formerly known as IDFC Mutual Funds. Nonetheless, the updated version of this AMC currently rules the mutual fund industry. In April 2022, Bandhan formed a partnership with a group of investors to purchase and acquire the IDFC AMC.

Here are the top 5 funds of Bandhan Mutual Fund

1. Bandhan Core Equity Fund Direct Growth

One of Bandhan Mutual Fund’s equity mutual fund schemes is the Bandhan Core Equity Fund Direct-Growth. Fund managers Manish Gunwani, Rahul Agarwal and Harsh Bhatia are now in charge of this scheme. Its current NAV declared is ₹147.557 and its AUM is ₹4,680.59 Crores.

For this scheme, the minimum SIP amount to invest is ₹100.

2. Bandhan Sterling Value Fund Direct Plan Growth

One of Bandhan Mutual Fund’s equity mutual fund schemes is the Bandhan Sterling Value Fund Direct Plan-Growth. Daylynn Gerard Paul Pinto is the fund manager for this scheme. As of July 6, 2024, at 7:03 p.m., the most recent NAV declared is ₹168.076, with an AUM of ₹9,019.36 crores.

For this scheme, the minimum SIP amount to invest is ₹100.

3. Bandhan Large Cap Fund Direct Growth

Over the last three and five years, the fund’s annualized returns have been around 20.04% and 19.11%, respectively. The IDFC Mutual Funds Equity category includes the Bandhan Large Cap Fund. As of July 6, 2024, its AUM is ₹1,393 crores.

For this scheme, the minimum SIP amount to invest is ₹100.

4. Bandhan Banking & PSU Debt Fund Direct Growth

The fund’s annualized returns over the last three and five years have been around 5.65% and 7%, respectively. The IDFC Mutual Funds Debt category includes the Bandhan Banking & PSU Debt Fund. As of July 6, 2024, its AUM is ₹14,109 crores.

For this scheme, the minimum SIP amount to invest is ₹100.

5. Bandhan ELSS Tax Saver Fund Direct Plan Growth

One of Bandhan Mutual Fund’s tax-saving mutual fund schemes is the Bandhan ELSS Tax Saver Fund Direct Plan-Growth. Daylynn Gerard Paul Pinto is the fund manager for this scheme. Its most recent NAV declaration is ₹173.512 and its AUM is ₹6,433.56 Crores.

For this scheme, the minimum SIP amount to invest is ₹500.

Disclaimer: The information provided in this article is for informational purposes only and should not be considered as financial advice. The data and figures presented are based on publicly available information and may be subject to change. Before making any investment decisions, it is recommended to conduct thorough research, consult with financial advisors, and consider your individual investment goals and risk tolerance. The author and publisher of this article do not assume any responsibility for any investment decisions made based on the information provided.

Invesco Asset Management (India) Private Ltd. is a trusted and renowned asset management firm in India. Their mandate is to invest in Indian infrastructure assets. Invesco Asset Management (India) Private Limited is a renowned financial services firm established in 1995. Since then, they have grown in popularity and credibility. Their major objective is to offer their clients guidance and research on global financial markets.

Here are the top 5 funds of Invesco India Mutual Fund

1. Invesco India Smallcap Fund Direct Growth

One of Invesco Mutual Fund’s equity mutual fund schemes is Invesco India Smallcap Fund Direct-Growth. The current fund managers of this scheme are Aditya Khemani and Taher Badshah. As of July 6, 2024, the latest NAV declared is ₹42.750, with an AUM of ₹4,581.33 Crores.

The scheme requires a minimum SIP investment of ₹500.

2. Invesco India Mid Cap Fund Direct Growth

One of Invesco Mutual Fund’s equity mutual fund schemes is Invesco India Mid Cap Fund Direct-Growth. Fund managers Aditya Khemani and Amit Ganatra are now in charge of this scheme. As of July 6, 2024, its AUM is ₹5,216.43 crores and its most recent NAV is ₹186.260.

The scheme requires a minimum SIP investment of ₹500.

3. Invesco India Contra Fund Direct Growth

The Invesco India Contra Fund has generated 23.41% annualized returns over the previous three years and 23.19% over the last five years. The Invesco India Contra Fund belongs to the Equity category of Invesco Mutual Funds. As of July 6, 2024, its AUM is ₹16,189 Crores.

The scheme requires a minimum SIP investment of ₹100.

4. Invesco India Growth Opportunities Fund Direct Growth

The Invesco India Growth Opportunities Fund has generated 21.8% annualized returns over the last three years and 19% over the last five. The Invesco India Growth Opportunities Fund falls into the Equity category of Invesco Mutual Funds. As of July 6, 2024, its AUM is ₹4,640 Crores.

The scheme requires a minimum SIP investment of ₹100.

5. Invesco India Multicap Fund Direct Growth

One of Invesco Mutual Fund’s equity mutual fund schemes is the Invesco India Multicap Fund Direct-Growth. Fund managers Amit Nigam and Dhimant Kothari are now in charge of this scheme. As of July 6, 2024, its AUM is ₹3,623.18 crores, and its most recent NAV is ₹148.980.

The scheme requires a minimum SIP investment of ₹500.

With more than 22 years of experience in the industry, Quant Money Managers Limited is one of the most trusted and renowned asset management companies in the nation. The Quant Mutual Fund was founded in 1996. Quant Mutual Fund takes pride in its intrinsic, active and dynamic approach to money management, which allows them to produce alpha while keeping their investors’ money safe.

Here are the top 5 funds of Quant Mutual Fund

1. Quant Infrastructure Fund Direct Growth

One of Quant Mutual Fund’s equity mutual fund schemes is the Quant Infrastructure Fund Direct-Growth. Fund managers Vasav Sahgal and Ankit A Pande are now in charge of this scheme. As of July 6, 2024, the latest NAV declared is ₹47.759, with an AUM of ₹3,564.61 Crores.

For this scheme, the minimum SIP amount to invest is ₹1000.

2. Quant Mid Cap Fund Direct Growth

One of Quant Mutual Fund’s equity mutual fund schemes is the Quant Mid Cap Fund Direct-Growth. Fund managers Sanjeev Sharma, Vasav Sahgal, and Ankit A. Pande are now in charge of this scheme. Its current NAV declared as of July 6, 2024, is ₹278.474, with an AUM of ₹7,952.99 Crores.

For this scheme, the minimum SIP amount to invest is ₹1000.

3. Quant ELSS Tax Saver Fund Direct Growth

The fund’s annualized returns over the previous three and five years have been around 28.57% and 35.71%, respectively. The Quant Tax Plan Fund is under the Equity category of Quant Mutual Funds. As of July 6, 2024, its AUM is ₹9,860.39 Crores.

For this scheme, the minimum SIP amount to invest is ₹500.

4. Quant Large and Mid Cap Fund Direct Growth

The fund’s annualized returns over the last three and five years have been around 31.85% and 29.91%, respectively. The Quant Large and Mid Cap Fund falls under the Equity category of Quant Mutual Funds. As of July 6, 2024, its AUM is ₹2,954 Crores.

For this scheme, the minimum SIP amount to invest is ₹1000.

5. Quant Small Cap Fund Direct Plan-Growth

One of Quant Mutual Fund’s equity mutual fund schemes is the Quant Small Cap Fund Direct Plan-Growth. Fund managers Sanjeev Sharma, Vasav Sahgal, and Ankit A. Pande are currently in charge of this scheme. Its most recent NAV declaration is ₹295.573 and its AUM is ₹21,242.79 Crores.

For this scheme, the minimum SIP amount to invest is ₹1000.

Disclaimer: The information provided in this article is for informational purposes only and should not be considered as financial advice. The data and figures presented are based on publicly available information and may be subject to change. Before making any investment decisions, it is recommended to conduct thorough research, consult with financial advisors, and consider your individual investment goals and risk tolerance. The author and publisher of this article do not assume any responsibility for any investment decisions made based on the information provided.

UTI Mutual Funds comes under the Unit Trust of India, which is also known as an AMC. Its first entry into the investing world was in 2003. According to the latest data, the AMC now manages assets worth around Rs.1,83,242 crore. Among its 203 schemes or funds, 39 are entirely equity-based investment options.

Here are the top 5 funds of UTI Mutual Fund

1. UTI Mid Cap Fund Direct-Growth

One of UTI Mutual Fund’s equity mutual fund schemes is UTI Mid Cap Fund Direct-Growth. Fund manager Ankit Agarwal is now in charge of this scheme. The most recent NAV declared as of July 6, 2024, is ₹334.540 and its AUM is ₹10,682.52 Crores.

The minimum SIP amount to invest in this scheme is ₹500.

2. UTI Value Fund Direct-Growth

One of UTI Mutual Fund’s equity mutual fund schemes is UTI Value Fund Direct-Growth. Fund manager Amit Kumar Premchandani is now in charge of this scheme. Currently, the NAV declared is ₹176.220 as of 06 Jul 2024 and its AUM is ₹9,125.24 crores.

The minimum SIP amount to invest in this scheme is ₹500.

3. UTI Liquid Direct Growth

The last three years’ annualized returns from the UTI Liquid Fund have been 5.87%, while the previous five years’ returns have been 5.28%. UTI Mutual Funds’ Debt category includes the UTI Liquid Fund. As of July 6, 2024, its AUM is ₹28,028 Crores.

The minimum SIP amount to invest in this scheme is ₹500.

4. UTI Nifty 50 Index Fund Direct Growth

Over the previous three years, the UTI Nifty 50 Index Fund delivered 16.46% annualized returns and over the last five years, it has given 16.59%. The UTI Nifty 50 Index Fund falls under the Other category of UTI Mutual Funds. As of July 6, 2024, its AUM is ₹16,924 Crores.

The minimum SIP amount to invest in this scheme is ₹500.

5. UTI Aggressive Hybrid Fund Direct Fund Growth

One of UTI Mutual Fund’s hybrid mutual fund schemes is UTI Aggressive Hybrid Fund Direct Fund-Growth. The scheme launched on an Invalid date and is now managed by fund managers V Srivatsa and Sunil Madhukar Patil. With an AUM of ₹5,511.93 Crores, as of July 6, 2024, the most recent NAV declared is ₹412.710.

The minimum SIP amount to invest in this scheme is ₹500.

Disclaimer: The information provided in this article is for informational purposes only and should not be considered as financial advice. The data and figures presented are based on publicly available information and may be subject to change. Before making any investment decisions, it is recommended to conduct thorough research, consult with financial advisors, and consider your individual investment goals and risk tolerance. The author and publisher of this article do not assume any responsibility for any investment decisions made based on the information provided.

ICICI Prudential Asset Management Company Ltd. is the country’s leading asset management company (AMC), focusing on bridging the savings and investment gap and producing long-term wealth for investors through a variety of simple and relevant investment options.

Here are the top 5 funds of ICICI Prudential Mutual Fund

1. ICICI Prudential Infrastructure Direct Growth

One of ICICI Prudential Mutual Fund’s equity mutual fund schemes is ICICI Prudential Infrastructure Direct-Growth. Ihab Dalwai is the fund manager for this scheme. As of July 6, 2024, the latest NAV declared is ₹208.320, with an AUM of ₹5,034.14 Crores.

The minimum SIP amount to invest in this scheme is ₹100.

2. ICICI Prudential BHARAT 22 FOF Direct Growth

The fund’s annualized returns over the previous three and five years have been around 41.44% and 23.88%, respectively. The ICICI Prudential BHARAT 22 FOF Fund comes under the Other category of ICICI Prudential Mutual Funds. It has an AUM of ₹1,362Crores.

The minimum SIP amount to invest in this scheme is ₹1000.

3. ICICI Prudential Retirement Fund Pure Equity Plan Direct Growth

The fund’s annualized returns over the previous three and five years have been around 32.75% and 25.38%, respectively. The ICICI Prudential Retirement Fund falls into the Solution Oriented category of ICICI Prudential Mutual Funds. It has an AUM of ₹795 Crores.

The minimum SIP amount to invest in this scheme is ₹100.

4. ICICI Prudential Dividend Yield Equity Fund Direct Growth

One equity mutual fund scheme offered by ICICI Prudential Mutual Fund is the Direct-Growth ICICI Prudential Dividend Yield Equity Fund. Mittul Kalawadia is the scheme’s fund manager. As of July 6, 2024, its AUM is ₹3,930.84 Crores and its most recent NAV is ₹55.100.

The minimum SIP amount to invest in this scheme is ₹100.

5. ICICI Prudential Smallcap Fund Direct Plan Growth

One of ICICI Prudential Mutual Fund’s equity mutual fund schemes is the ICICI Prudential Smallcap Fund Direct Plan-Growth. Fund managers Sri Sharma and Anish Tawakley are now in charge of this scheme. As of July 6, 2024, its AUM is ₹7,795.29 crores, while its most recent NAV is declared ₹99.900.

The minimum SIP amount to invest in this scheme is ₹100.

Disclaimer: The information provided in this article is for informational purposes only and should not be considered as financial advice. The data and figures presented are based on publicly available information and may be subject to change. Before making any investment decisions, it is recommended to conduct thorough research, consult with financial advisors, and consider your individual investment goals and risk tolerance. The author and publisher of this article do not assume any responsibility for any investment decisions made based on the information provided.

Axis Mutual Fund started as a partnership between Schroder Singapore Holdings Private Limited (SSHPL) and Axis Bank. This asset management firm, founded in 2009, has been in operation for more than ten years. This mutual fund house provides around 40  schemes to Indian investors. These include debt and hybrid schemes,  hybrid schemes and a variety of equity funds.

Here are the top 5 funds of Axis Mutual Fund

1. Axis Small Cap Fund Direct Growth

Axis Mutual Fund offers an equity mutual fund scheme named Axis Small Cap Fund Direct-Growth. Tejas Sheth and Mayank Hyanki are the scheme’s fund managers. As of July 6, 2024, its AUM was ₹20,504.37 Crores, while its most recent NAV declared is ₹117.540.

The minimum SIP amount to invest in this scheme is ₹100.

2. Axis Midcap Direct Plan Growth

Axis Midcap Direct Plan-Growth is an equity mutual fund scheme offered by Axis Mutual Fund. Fund managers Shreyash Devalkar and Nitin Arora are now in charge of this scheme. With an AUM of ₹27,747.62 Crores, as of July 6, 2024, the most recent NAV declared is ₹128.100.

The minimum SIP amount to invest in this scheme is ₹100.

3. Axis Growth Opportunities Fund Direct-Growth

Axis Mutual Fund offers an equity mutual fund scheme called Axis Growth Opportunities Fund Direct-Growth. Fund managers Shreyash Devalkar and Hitesh Das are now in charge of this scheme. As of July 6, 2024, its AUM is ₹12,424.49 crores, while its most recent NAV declared is ₹34.410.

The minimum SIP amount to invest in this scheme is ₹100.

4. Axis Strategic Bond Fund Direct-Growth

Axis Mutual Fund offers a debt mutual fund scheme named Axis Strategic Bond Fund Direct-Growth. Fund managers Sachin Jain and Akhil Bipin Thakker are now in charge of this scheme. As of July 6, 2024, its AUM is ₹1,931.97 crores, while its most recent NAV declared is ₹28.035.

The minimum SIP amount to invest in this scheme is ₹100.

5. Axis Credit Risk Fund Direct-Growth

One of Axis Mutual Fund’s debt mutual fund schemes is Axis Credit Risk Fund Direct-Growth. Currently managed by fund managers Devang Shah and Akhil Bipin Thakker, this scheme was introduced on an Invalid date. The most recent NAV declared as of July 6, 2024, is ₹21.858, with an AUM of ₹452.65 Crores.

The minimum SIP amount to invest in this scheme is ₹100.

Disclaimer: The information provided in this article is for informational purposes only and should not be considered as financial advice. The data and figures presented are based on publicly available information and may be subject to change. Before making any investment decisions, it is recommended to conduct thorough research, consult with financial advisors, and consider your individual investment goals and risk tolerance. The author and publisher of this article do not assume any responsibility for any investment decisions made based on the information provided.