Start SIPs with Axis Mutual Fund Schemes

Axis Mutual Funds have been helping people in achieving their financial goals. Investments in mutual funds have recently catching the attention of the people as the facility of online investments has come up.

You can also invest online in any of the Axis mutual fund schemes in the form of SIP or lump sum amount whichever is suitable. What makes SIPs different or we should say unique is that the investment amount starts with as low as Rs. 500/- and anyone who has a PAN card can invest in it. SIPs can also be done in tax saving schemes- ELSS schemes and hence the tax up to Rs. 1,50,000/- can be saved. There are different types of mutual fund schemes available at Axis mutual fund which are mentioned below for your reference.

Types of Mutual Fund-

The mutual funds are categorized into four different categories namely:

a. By structure

b. By investment objective

c. Equity-linked saving scheme (ELSS)

d. Systematic investment plan (SIP)

Axis Mutual Fund Schemes

Here are different types of schemes offered under each type of funds:

Axis Arbitrage Fund

• Axis Enhanced Arbitrage Fund-Regular growth

Axis Equity Fund

• 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

Axis Debt Fund

• 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

Axis ELSS Fund

• Axis Long Term Equity Fund-Regular growth

Axis Gilt Fund

• Axis Constant Maturity 10 year fund-regular growth

Axis Gold Fund

• Axis Gold ETF-Regular Growth

• Axis Gold Fund -Regular Growth

Axis Hybrid Fund

• 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

Axis Liquid Fund

Top 10 Axis Mutual Fund SIP Options

1. Axis Gold Fund -Growth

2. Axis Gold ETF Fund

3. Axis Banking & PSU Debt Fund -Growth

4. Axis Banking & PSU Debt Fund -Dividend Daily

5. Axis Fixed Term Plan - Series 69 (3 years) - Regular Plan -Growth

6. Axis FTP Series 42 (552 Days) Regular -Growth

7. Axis Focused 25 Fund -Growth

8. Axis Focused 25 Fund -Dividend

9. Axis FTP Series 48 (1095 Days) Regular-Growth

10. Axis FTP Series 48 (1095 Days) Regular-Dividend

Axis Mutual Fund Tax Saver - ELSS Funds

It is the scheme which is an open-ended equity growth scheme. It is the type of investment which comes with the 3 year lock-in period. It also provides the benefit of tax deduction up to the amount of?1,50,000. The investor can opt to invest the entire amount of?1,50,000 available under sec 80 (C) in the Equity Linked Saving Scheme (ELSS). It offers you the high returns and tax deduction benefits. It also has the option to invest in small amounts using Systematic Investment Plans.

How to invest in SIP Online?

Investing in mutual funds online is the easiest investment option at present be it through SIP or through lump sum amount. Talking about SIP, the online portals like Wishfin provide the online investment option within a few minutes. The whole process is simple, quick and hence hassle-free for the convenience of the people. The existing investors of mutual funds do not have to go through the KYC verification. However, new investors will have to complete KYC process. There is the facility of the e-KYC process which is quick and then the further process of investing in any of the funds in the form of SIP starts. The whole process is very quick and can be done at any time as per the comfort level.

Axis Mutual Fund NAV

NAV or Net Asset Value of the fund is subject to change every day as per the market. You will have to mention your Axis Mutual fund Scheme, the plan and the duration for which you want to check the NAV. Since, mutual funds are subject to change with the market, not every day the fund will perform well.

Disclaimer- Mutual Funds are subject to market risks. Please read the scheme related documents carefully before investing.

Anvi Sharma is a professional writer who has written on various financial products like personal loans, home loans, credit cards & mutual fund investment, etc. She believes in delivering best of her knowledge so as to help the readers und