Axis Mutual Fund’s Top 5: Small Cap Fund Leads with 26.4% CAGR Over 3 Years
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
| Fund Name | Fund Size(in Cr) | 3Y Returns |
|
Axis Small Cap Fund Direct Growth |
20,504 |
26.4%
|
| Axis Midcap Direct Plan Growth | 27,747 |
23.3%
|
| Axis Growth Opportunities Fund Direct-Growth | 12,424 |
20.1%
|
| Axis Strategic Bond Fund Direct-Growth | 1,931.97 |
6.9%
|
| Axis Credit Risk Fund Direct-Growth | 452 |
6.7%
|
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.