Do you want to make good returns on your investment? Getting confused where to invest? Look for those mutual funds which give you better returns and axis bank mutual fund is the one you can go for. axis bank mutual fund schemes offer you higher returns as compared to bank fixed deposits which now-a-days are giving returns ranging from 3.75% to 6.00% p.a . It is not a wise decision to keep your funds for the sake of getting lower returns in fixed deposit rather invest in axis bank mutual fund schemes.
The company was established in 2009 and across the years have expanded its reach with a customer base in 90 cities. The money pooled by several investors get accumulated in mutual fund schemes of axis bank which are directed for a common financial goal. The money collected is invested into shares, debentures and securities. The income generated is apportioned onto the number of investors as per the number of units possessed by them.
Features of Axis Bank Mutual Fund-
- Comprises of 50 schemes throughout an all rounded product categories.
- Active investor base of over ₹ 20 lakhs
- Existence in over 90 cities.
- Professional Management Service
- Long-term wealth creation
- Outside-in customer viewpoint
- Long term relationship.
Axis Bank Mutual Fund Schemes-
Let's discuss the following schemes of Axis Bank Mutual Funds :
Arbitrage Funds- Investment under this fund is made in equity, equity derivative, and debt instruments. It is meant to exploit the price differential in cash and derivatives market to foster returns. The returns are based on the volatility of the asset. These funds normally invest a considerable portion of the portfolio in debt markets.
Axis Enhanced Arbitrage Fund-Regular growth offered by axis bank mutual fund comes under this category. This scheme is suited for investors who wish to employ their short-term money. The dividends are tax-free and there is no possibility for long-term capital gains(LTCG) if investments are sold after one year.
Equity Funds- Investment made in equity funds usually provide high returns for a longer time period. They have a less tax liability as compared to debt funds.The following schemes of Axis Bank Mutual Fund come under this category:
- Axis Equity Fund-Regular Growth
- Axis Long -Term Equity Fund-Regular Growth
- Axis Equity Saver Fund -Regular Growth
- Axis Midcap Fund -Regular Growth
- Axis Focused 25 Fund-Regular Growth
Debt Funds – Investment under this scheme are made in debt-market securities such as bonds, debentures, government securities and so on. This scheme is suited for risk-averse investors who don't want to invest in a highly volatile equity market. Debt funds are relatively safe instruments which offer fixed returns. The following schemes of Axis Bank come under this category:
- Axis Dynamic Bond Fund-Regular Growth
- Axis Fixed Income Opportunities Fund-Regular Growth
- Axis Income Fund-Regular Growth
- Axis Short Term Fund-Regular Growth
- Axis Treasury Advantage Fund-Regular Growth
ELSS Funds- Investing in ELSS leads to saving of your tax upto ₹ 46,350 per year only if you invest upto ₹ 1.5 lakhs per year. Axis Long Term Equity Fund-Regular is one such scheme which offers you this provision with a 3-year lock-in period. This is an equity linked saving scheme where you are exempted from paying tax under section 80C of the Income Tax Act, 1961. The investment is made in equity markets which are likely to deliver you better returns over a period of time.
Gilt Funds – Investment of this fund is made in government securities. It is suited for risk-averse and conservative investors who want to protect their investment returns by putting their money in such secured government bonds. Axis Constant Maturity 10 year fund-regular growth comes under this category.
Gold Funds- Investment is made in gold mining and production when it comes to investing in Gold funds. They do not buy gold directly but invests in the stock of gold mining and production companies throughout the world. The following schemes of Axis Bank come under this category :
- Axis Gold ETF-Regular Growth
- Axis Gold Fund -Regular Growth
Hybrid/Balance Fund: These funds are invested in a balanced combination of asset classes such as equity and debt. Some of the schemes provide higher equity proportion than debt as compared to other schemes. The main objective is to proportionally balance the risk and returns. The following schemes of Axis Bank come under this category:
- Axis Triple Advantage Fund- Regular Growth
- Axis Income Saver-Regular Growth
- Axis Children's Gift Fund-Compulsory Lock-In-Regular Growth
- Axis Children's Gift Fund- No Lock-In-Regular Growth
Liquid Fund – These funds are known as Cash funds or Ultra Short term bond funds. Axis Liquid Fund-Regular Growth is offered in this category as these funds invest in fixed short-term maturity instruments. Their main goal is to create a high level of safety and earn a moderate return. This fund is ideal for investors with excess funds with a short maturity period.
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