Axis Mutual Funds are one of the best options in the market for SIP investment. The mutual fund is a renowned company for giving people satisfactory returns. Talking about SIP, this form of investment is in itself a comfortable and suitable for the masses. Since the minimum investment amount for SIP starts with as little as ₹500, it can be done in multiple funds.
So, if you are also planning to invest in Mutual Fund SIP, have a look at the top-performing mutual funds in India for SIP by Axis Mutual Fund.
Axis Mutual Fund SIP
The systematic investment plan (SIP) is the scheme which helps to accumulate wealth in a systematic way in a long period of time. Every month you deposit an amount and create wealth for yourself in the long term. SIP is the method of investment in the mutual fund schemes which are offered by the Asset management companies (AMC) through a distributor to the customer. It helps you to be a disciplined investor and a small sum can be diverted to bring a good return in long run.
Top 10 Axis Mutual Fund Schemes for SIP
Here are some of the best mutual fund schemes for SIP where you can start investing.
- Axis Gold Fund -Growth
- Axis Gold ETF Fund
- Axis Banking & PSU Debt Fund -Growth
- Axis Banking & PSU Debt Fund -Dividend Daily
- Axis Fixed Term Plan – Series 69 (3 years) – Regular Plan -Growth
- Axis FTP Series 42 (552 Days) Regular -Growth
- Axis Focused 25 Fund -Growth
- Axis Focused 25 Fund -Dividend
- Axis FTP Series 48 (1095 Days) Regular-Growth
- Axis FTP Series 48 (1095 Days) Regular-Dividend
Axis Mutual Fund NAV
NAV or Net Asset Value of the fund is subject to change every day as per the market. The investors can check the value of a particular fund on the official website of the company. 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.
Thus, checking the NAV won’t help in deciding if the fund is performing well or not. But, if checked after every 1 year or 6 months, you can track the real growth of the fund. The NAV value can be checked in advance also which means if you have not yet started the investment, you can first check the value of different funds you think are suitable as per your portfolio and then invest.
Types of Mutual Fund-
The mutual funds are categorized into four different categories namely:
- By structure
- By investment objective
- Equity-linked saving scheme (ELSS)
- Systematic investment plan (SIP)
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. So, instead of investing in other instruments like PPF, ELSS, NSC, and other infrastructure bonds, 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.
Axis Mutual Fund Common Application Form
The application form for SIP investment is available at the official website of Axis Mutual Fund. There are three kinds of forms that you will get and the names are as follows:
- KIM and Application forms
- Forms for first-time investors
- Forms for existing investors
Axis Mutual Fund Statement
The investors get the monthly statement of their investment on their registered email ID. The statement covers the deduction made by the company and mentioning the NAV of the fund you have invested in.
Axis Mutual Fund Login
The investors can login to the official website of the company. There is a different portal depending on the types of investors. For instance, if you are an existing customer of Axis Mutual Fund, you will have a different login procedure. Similarly, there is a different process for the new investors.
Axis Mutual Fund Customer Care
For any kind of Mutual Fund investment query, there is a customer care department which is available for the assistance. The investors can just dial 1800 221 322/1800 3000 3300 and get rid of all doubts.
Disclaimer – Mutual Funds are subject to market risks. Please read the scheme related documents carefully before investing.