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Introduction to the Fund

Axis Mutual Fund offers Equity Funds to investors with a view to earning large returns on investments in the long term. Fund managers invest the fund in traded equity stock and use their expertise to earn high returns. There are different types of equity-based mutual funds offered by Axis Mutual Fund.

Equity Fund Minimum SIP Investment
Axis Focused 25 FundInvestment is made in equity of a maximum of 25 companiesRs. 1000
Axis Bluechip FundAn equity based mutual fund primarily investing in large cap equityRs. 1000
Axis Midcap FundAn equity based fund primarily investing in midcap company stockRs. 1000
Axis Multicap FundAn equity based mutual fund investing in large cap, mid cap, and small cap equityRs. 1000
Axis Small Cap FundA fund that invests primarily in stock of small cap companiesRs. 1000
Axis Long term Equity FundA fund that has long term gain as its primary objective. It has a lock in of 3 years.Rs. 500
Axis Growth Opportunity FundA mutual fund that invest in large cap and mid cap stock.Rs. 1000

Investment in equity is a risky proposition and requires large capital in order to gain a reasonable return. It is therefore not a viable investment for those will low risk-bearing capacity or live on fixed monthly incomes with little savings. Mutual funds allow such investors to invest small amounts in equity and collectively earn substantial long-term gains.

Investment in equity whether by trading or through mutual funds is subject to risk. However, investing through mutual funds is safer and you stand a chance to get higher returns. Mutual funds have the advantage of experience and expertise of its managers. Moreover, the risk involved is lower since you only invest small amounts. Mutual funds also offer the flexibility of investing as and when you have the funds. Axis Equity Funds invest for the most part in large cap company stock – except for the small cap fund, which invests only in small cap equity. The investment is made after a careful study of company profiles and market trends.

NAV or Net Asset Value is the value of the fund at any given point of time. It is equivalent to your investment and the returns earned on it. It reflects the combined value of the stock in which the fund invests. A glance at the NAV of any mutual fund over a period can give you a fair idea about its performance.

The following tables show the performance of Axis Equity Funds at a glance -

Equity FundAnnual Returns (percentage)Benchmark Returns (percentage)
Axis Focused 25 Fund16.3613.10
Axis Bluechip Fund11.699.69
Axis Midcap Fund17.5412.78
Axis Multi cap7.881.24
Axis Small Cap Fund21.4516.06
Axis Long term Equity Fund17.5410.35
Axis Growth Opportunity Fund  

The following is an assessment of the risk involved in various Axis Equity Funds -

Name of Equity FundLevel of Risk NAV (as on Feb 5, 2019)
Axis Focused 25 FundModerately high25.67
Axis Blue chip FundModerately high27.19
Axis Mid cap fundModerately high34.44
Axis Multi cap fundModerately high10.90
Axis Growth Opportunities FundModerately high10.31
Axis small cap fundModerately high25.83
Axis Long term equity fundModerately high41.38

You can invest in Axis Equity Funds by filling out the application form on the bank website, visiting a bank branch, or through a third party.

If you visit the bank website, you will have to register yourself before you can fill out the application form. You can also compare the various mutual funds before selecting the fund in which you would like to invest.

Axis Equity Funds are open-ended schemes allowing you to make lump sum investments or through regular payments under an SIP (Systematic Investment Plan).

Whether you choose to invest online or by submitting a physical application form, you will have to submit your KYC documents along with your application. Under the SIP plan, the documents need only be submitted once at inception. However if you are making periodic lump sum investments, you may be required to submit KYC with each new purchase.

1. Can I apply for a mutual fund if I am under 18?

Individuals under 18 are considered minors and hence incompetent to contract. They may however invest in mutual funds by appointing their parents as guardians.

2. When will I receive dividend on my investment?

Receiving dividend is subject to various factors. For instance, you would only receive dividend if you have chosen the dividend option. If you choose to reinvest the dividend obtained then you will not receive any dividend on the investment.

3. How much dividend will I get?

The dividend that you are entitled to will vary based on how well the fund performs in the market. The highs and lows of the market can affect the amount of dividend you are likely to receive.

4. What is the meaning of growth fund?

A growth fund is one that reinvests its earnings back into the fund. Thus, your earnings are added on to your capital and your fund grows with additional income.

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