Equity funds have a vast portfolio of stocks that are primarily structured to provide capital appreciation. The equity funds are considered to be higher risk investment options as compared to other mutual funds, however, they do carry a higher degree of risk too. That’s the reason why these are favored by individuals with higher risk tolerance.
Axis Equity Fund is an open-ended equity scheme that offers long-term capital appreciation to prospective investors. The Equity scheme benefits you by investing in a widely varied portfolio mostly consisting of equity and equity-related investment options.
Axis Bank offers a range of mutual funds that are managed by specialized professionals assigned for managing various investment activities. Axis Mutual Funds have dedicated relationship managers for efficient processing of personal investment requirements. Axis Mutual Funds manages the portfolio through diversified investments across various market caps, asset classes, and sectors.
Axis Bank Equity Fund Benefits, Risk & Investment Details
Axis Bank Equity Fund is among the best equity investment schemes that are currently available in the debt mutual fund segment and it has the potential to earn higher rates of return if you stay invested in the fund for a long period of time. Due to high equity exposure, the Axis Bank Equity Fund many undergo some short-term volatility during times of market ups or downs, however over a longer period of time, the Axis Bank Equity Fund has historically shown considerable capital appreciation.
Features of Axis Bank Equity Fund:
- Diversified equity fund which invests primarily in high-quality large cap stocks.
- Follows bottom-up investment approach that is focused on the fundamentals.
- Investment process follows proper risk management to ensure proper risk-return balance.
- Most suitable for medium and long-term investments for retirement, etc.
The fund is actively managed and with a diversified portfolio wherein one invests in companies with strong growth strategy and sustainable business models. Such companies are usually large cap and mid cap companies/industries/sectors.
Inception: This Axis Equity Fund Growth was started on 5th January 2010 and has been operating and growing its subscriber base successfully since that period of time.
CRISIL Rank: It is an important institution that ranks MFs based on its own set of parameters. It is has ranked Axis Equity Fund as one of the best performers in the equity funds category.
Risk Level: The risks associated with the fund are quite high with potentially high returns for the investor in the medium to long term. However, the risk level of this fund is partially balanced due to its maximum exposure to large-cap funds, which have historically been stable investments. This increases the chances of higher returns for the investors who choose to stay invested for a longer time period while protecting the principal amount invested.
Entry Load: No entry load is applicable for an investor seeking to invest in the Axis Equity Fund.
Exit Load: The fund levies 1% charge as an exit loan if purchased fund units are redeemed or switched out prior to completion of 1 year from the date of allotment for each unit.
Plan Options: This Axis Equity Fund offers growth plan and dividend plans. Dividend fund is further categorized into Dividend Payout and Dividend Reinvestment options.
Nomination: It is mandatory for all investment accounts where the mode of investment is either single or jointly owned. Any new subscription from any applicant without declaring any nominee shall be rejected.
Fund Manager: It is managed by Mr. Pankaj Murarka who has a bachelor’s degree in Commerce and has successfully completed his ACA. He has gained expertise in investments over 16 years by working with DSP Merrill Lynch Ltd, Equity Axis Asset Management Co. Ltd, Pipal Capital Management Private Ltd, Rare Enterprises, UTI Asset Management Co Ltd, and Motilal Oswal Securities Ltd.
Investment Strategy: This Axis Equity Fund aims to generate capital growth by investing in a diversified portfolio majorly consisting of large-cap companies. The small and mid-cap companies chosen for investment purposes by the fund are potentially high growth and innovative companies that have the potential to outperform many mid-large cap companies in the long term.
Key Holdings of Axis Equity Fund
The following are some of the key investment across companies and sectors that have been made by the Axis Equity Fund*.
|State Bank of India||Financial|
|Zee Entertainment Ent||Services|
|Maruti Suzuki India||Automobile|
|Cholamandalam Invest & Fin||Financial|
|Motherson Sumi Systems||Automobile|
*The above list is indicative and subject to periodic change as per business requirements of Axis Mutual Fund AMC and SEBI guidelines.
Expert Opinion for Axis Equity Fund
The Axis Equity Fund has the sole purpose of generating regular and long term capital funds by investing in a diversified portfolio. The portfolio consists of equity and equity-related securities that are actively managed by experts. In case, you are investing for the first time then it is highly recommended to seek financial advice before making any investment. This fund is suitable if you are looking to increase the value of your money to fulfil some long term goal such as education of your child, marriage, retirement planning, renovation of your house and much more. It is advised that the investor stays invested with the fund for a longer period of time in order to attain the best results.Axis equity saver fund an equity mutual fund and it offers best return rate in long term investment plans and multiple fund schemes to choose the best scheme at the time of investment.
How to Invest in Axis Equity Fund Growth at Paisabazaar.com?
An individual can easily invest in this fund through the Paisabazaar.com website. All you need to do is simply log on to your free mutual fund investment account to get started. Click on ‘Mutual Funds’ and you will be redirected to the Mutual Fund page where you have to log in by entering the required details. Click ‘Submit’ to make an account and log into your investment account. Search for Axis Equity Fund Growth using the ‘Search’ bar. Then, from the list of fund options choose the best one as per your needs and convenience. After making the choice of the fund to invest in, choose from lump sum payment mode or SIP method. Next, you will be further redirected to the payment page. Make the required payment by entering your net banking account details to log into your bank account and complete the payment. After successful completion of payment, the units of your Axis Equity Fund will be invested as per the applicable Net Asset Value (NAV) and your investment amount.