Mutual funds are one of the best ways to accumulate wealth in the long run. Investing in mutual funds has several advantages. But most significantly, you are allowed to select a fund based on your long and short-term goals.
Axis Mutual Funds is one of India’s leading AMC companies. It offers some of the best-performing mutual funds, which have generated significant returns in the past. If you want to learn more about the best Axis Mutual Fund options, this article is a good place to start. But before we discuss the funds, here is a brief background on the AMC:
Axis Asset Management
Established in 2009, Axis Mutual Fund is one of India’s 10 largest asset management companies. It was formed by Axis Bank and Schroder Singapore Holdings Private Limited (SSHPL).
As of 28 February 2023, Axis Mutual Fund’s total AUM stood at Rs. 24,1455 crores, and the company offers ~75 mutual fund schemes under all the top mutual fund categories. These include 23 equity schemes, 32 debt schemes, 6 hybrid schemes, and 14 schemes in the ‘other’ category.
On the same date, the total number of active clients of Axis Bank was 1.28 crore. Axis Mutual Fund has direct offices in 100 Indian cities.
Top Performing Axis Mutual Funds Across Categories
1. Axis Equity Funds
| Fund Name | AUM in Rs. crore | 3-yr CAGR % | 5-yr CAGR % | Expense ratio |
| Axis Small Cap Fund | 11,390 | 38.81 | 21.21 | 0.51% |
| Axis Midcap Fund | 19,593 | 26.73 | 16.46 | 0.54% |
| Axis Bluechip Fund – Growth | 32,615 | 18.32 | 11.77 | 0.59% |
| Axis Long Term Equity Fund – Growth | 29,967 | 18.39 | 10.09 | 0.84% |
| Axis Focused 25 Fund | 14,700 | 17.72 | 9.07 | 0.72% |
2. Axis Debt Funds
| Fund Name | AUM in Rs. crore | 3-yr CAGR % | 5-yr CAGR % | Expense ratio |
| Axis Banking and PSU Debt Fund | 14,415 | 5.43 | 7.46 | 0.33% |
| Axis Short Term Fund | 6,729 | 6.08 | 7.72 | 0.30% |
| Axis Liquid Fund | 25,378 | 4.40 | 5.35 | 0.15% |
| Axis Money Market Fund | 3,922 | 5.01 | 5.66 | 0.21% |
| Axis Overnight Fund | 9,822 | 4.15 | 4.39 | 0.05% |
3. Axis Hybrid Funds
| Fund Name | AUM in Rs. crore | 3-yr CAGR % | 5-yr CAGR % | Expense ratio |
| Axis Multi Asset Allocation Regular Growth Fund | 1,470 | 17.82 | 11.43 | 0.72% |
| Axis Equity Hybrid Fund | 1,667 | 17.96 | 10.84 | 0.85% |
| Axis Equity Saver Fund | 939 | 13.29 | 8.84 | 0.88% |
| Axis Balanced Advantage Fund | 2,022 | 13.70 | 8.63 | 0.68% |
| Axis Arbitrage Fund | 2,597 | 4.92 | 5.63 | 0.31% |
