Axis Mutual Fund, established in 2009, is among the top 10 AMCs (Asset Management Companies) in India in terms of assets managed.
Axis mutual fund is a joint venture between Axis Bank, and Schroder Singapore Holdings Private Limited (SSHPL), where Axis Bank holds a 74.99% stake, while SSHPL owns the rest.
B. Gopkumar has been managing the reins of Axis Mutual Fund as MD and CEO since March 2023. With over 28 years of experience in financial services, he was the MD & CEO of Axis Securities previously.
Ashish Gupta has been appointed as Axis AMC’s Chief Investment Officer (CIO) in March 2023.
Axis Mutual Fund is home to the biggest ELSS (Equity Linked Savings Scheme) schemes in India: Axis Long Term Equity Fund (AUM of ₹30,000+ crore)
As of February 2024
Schemes
72
AUM
₹2,79,542 Cr
AUM growth
₹822 Cr
Fund managers
17
Name | Fund size | Expense Ratio | 1 Y | 3 Y |
---|---|---|---|---|
Axis Small Cap Fund Direct Growth Small-Cap Very High Risk | ₹20,136 Cr | 0.52% | 40.0% | 26.4% |
Axis Midcap Fund Direct Growth Mid-Cap Very High Risk | ₹26,636 Cr | 0.52% | 45.2% | 22.7% |
Axis Growth Opportunities Fund Direct Growth Large & Mid-Cap Very High Risk | ₹12,096 Cr | 0.57% | 40.4% | 22.0% |
Axis Special Situations Fund Direct Growth Equity - Other Very High Risk | ₹1,216 Cr | 1.24% | 35.9% | 18.2% |
Axis Nifty 100 Index Fund Direct Growth Index Funds Very High Risk | ₹1,363 Cr | 0.22% | 30.8% | 16.8% |
Axis Retirement Savings Fund - Dynamic Plan Direct Growth Retirement Very High Risk | ₹347 Cr | 1.6% | 32.9% | 15.6% |
Axis Flexi Cap Fund Direct Growth Flexi Cap Very High Risk | ₹5,310 Cr | 0.72% | 33.3% | 15.6% |
Axis Balanced Advantage Fund Direct Growth Dynamic Asset Allocation Moderately High risk | ₹2,123 Cr | 0.9% | 26.9% | 14.5% |
Axis Gold Fund Direct Growth Sector - Precious Metals High Risk | ₹482 Cr | 0.17% | 20.0% | 14.2% |
Axis ESG Equity Fund Direct Growth Equity - ESG Very High Risk | ₹1,362 Cr | 1.23% | 29.4% | 14.0% |
₹19,803 Cr
AUM
4
Schemes
₹79,614 Cr
AUM
22
Schemes
Aditya Pagaria
₹92,893 Cr
AUM
17
Schemes
Sachin Jain
₹73,970 Cr
AUM
17
Schemes
Vinayak Jayanath
₹2,684 Cr
AUM
1
Schemes
Akhil Thakker
₹2,442 Cr
AUM
2
Schemes
Identify red flags in your mutual funds and how to fix them
Mutual fund name | Axis Mutual Fund |
Asset management company name | Axis Asset Management Company Ltd. |
AMC Setup Date | 4 September 2009 |
AMC Incorporation Date | 13 January 2009 |
Sponsor name | Axis Bank Limited |
Trustee organisation | Axis Mutual Fund Trustee Limited |
Name of trustees | Mr. Radhakrishnan Nair, Mrs. Vijayalakshmi Iyer, Mr. G. Gopalakrishna, Mr. Venkat Chalasani, Mr. Rudrapriya Ray, Mr. Murray Coble |
MD and CEO | B.Gopkumar |
CIO | Ashish Gupta |
Compliance Officer | Mr. Darshan Kapadia |
Investor Service Officer | Mr. Milind Vengurlekar |
Updated as of | February 2024 |