Axis Mutual Fund: Top 10 Schemes, Returns & SIP Guide
Axis Mutual Fund manages ₹3.93 lakh crore across 71 schemes. Compare top-ranked funds by returns and risk metrics, and learn how to start a SIP online.
Axis Mutual Fund, the mutual fund arm of Axis Bank, manages ₹3,92,677.12 crore (approximately ₹3.93 lakh crore) in assets across 71 schemes spanning equity, debt, hybrid, and index categories. Incorporated on 4 September 2009 and active for 17 years, it serves over 98 lakh active investor accounts across more than 100 cities in India. Whether you are evaluating schemes for a SIP or looking for a debt fund with low volatility, here is a complete, data-driven overview.
Key takeaways
- Axis Mutual Fund manages ₹3,92,677.12 crore in total AUM across 71 schemes.
- Axis Bank holds a 74.99% stake; Schroder Singapore Holdings Private Limited holds 24%.
- The fund house operates through 31 investment teams across 19 nations in the Middle East, Europe, America, and Asia.
- Over 98 lakh active investor accounts are spread across more than 100 Indian cities.
- Its debt funds show low volatility, while equity funds like the Axis Multicap Fund have delivered 18.82% over 3 years.
Axis Mutual Fund at a Glance
The following table summarises key AMC details including sponsors, trustees, and leadership.
| Field | Detail |
|---|---|
| Total AUM | ₹3,92,677.12 crore (about ₹3.93 lakh crore) |
| Number of schemes | 71 |
| AMC age | 17 years |
| Incorporation date | 4 September 2009 |
| Sponsors | Axis Bank Limited |
| Trustee organisation | Axis Mutual Fund Trustee Ltd. |
| Trustees | Mr. Radhakrishnan Nair, Mrs. Vijayalakshmi Iyer, Mr. G. Gopalakrishna, Mr. Venkat Chalasani, Mr. Rudrapriya Ray, Mr. Murray Coble |
| CIO | R Sivakumar(Chief Investment Officer) |
| MD | B.Gopkumar |
| CEO | Gop Kumar Bhaskaran(Chief Executive Officer) |
| Compliance officer | Mr. Darshan Kapadia |
| Address | 23rd Floor, One Lodha Place, S. B. Road, Lower Parel. Mumbai 400013 |
Axis Asset Management Company Ltd. is the fund management entity behind Axis Mutual Fund, with Axis Bank as the majority stakeholder at 74.99% and Schroder Singapore Holdings Private Limited holding a 24% stake. The AMC was incorporated on 4 September 2009 and has grown its footprint to 31 investment teams operating across 19 nations in the Middle East, Europe, America, and Asia. R Sivakumar serves as Chief Investment Officer, Gop Kumar Bhaskaran as Chief Executive Officer, and B. Gopkumar as Managing Director.
Investment Philosophy
The fund house's approach rests on three guiding principles:
- Outside-in view: Engaging with investors in their own language to help them make informed decisions.
- Long-term wealth creation: Building investment strategies with a long-term horizon at the centre.
- Long-term relationship: Fostering connections that extend beyond transactional finance.
Top 10 Axis Mutual Fund Schemes by Returns
The table below shows trailing returns for the top 10 Axis Mutual Fund schemes, ranked by Invo Wealth's internal score, across 6-month, 1-year, 3-year, and 5-year periods.
Performance data as of 5 September 2026.
| Fund | Sub-category | 6M CAGR | 1Y CAGR | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|
| Axis Gilt Fund | Gilt Fund | 4.34% | 4.22% | 6.88% | 5.59% |
| Axis Liquid Fund | Liquid Fund | 7.07% | 6.49% | 6.94% | 6.30% |
| Axis Floating Interest Rates Fund | Floater Fund | 8.02% | 7.16% | 8.09% | 6.86% |
| Axis Money Market Fund | Money Market Fund | 7.18% | 6.52% | 7.32% | 6.59% |
| Axis Medium Term Fund | Medium Duration Fund | 6.40% | 6.46% | 7.79% | 6.68% |
| Axis Ultra Short to Short Term Fund | Low Duration Fund | 6.51% | 6.18% | 7.13% | 6.33% |
| Axis Overnight Fund | Overnight Fund | 5.25% | 5.27% | 6.08% | 5.68% |
| Axis Nifty Midcap 50 Index Fund | Index Fund | 20.84% | 11.99% | 15.86% | -- |
| Axis Multicap Fund | Multi Cap Fund | 29.20% | 11.81% | 18.82% | -- |
| Axis Dynamic Term Fund | Dynamic Bond Fund | 6.87% | 6.24% | 7.20% | 5.97% |
All funds listed are Regular Plan - Growth option. CAGR = compound annual growth rate.
Among equity-oriented options, the Axis Multicap Fund stands out with a 3-year return of 18.82% and a 6-month return of 29.20%. The Axis Nifty Midcap 50 Index Fund posted a 3-year return of 15.86% and a 6-month return of 20.84%, though its higher volatility of 21.51% reflects the nature of midcap exposure.
On the debt side, the Axis Floating Interest Rates Fund delivered 8.09% over 3 years and 7.16% over 1 year. The Axis Money Market Fund returned 7.32% over 3 years with very low volatility of 0.50%, making it suitable for short-term capital deployment. For near-zero-risk parking, the Axis Overnight Fund recorded a maximum drawdown of exactly 0.00%.
Risk Metrics at a Glance
Returns alone do not tell the full story. Volatility, maximum drawdown, and the Sortino ratio together show how consistently a fund has performed relative to the risk it took.
| Fund | ISIN | Mean 1Y rolling return | Volatility | Max drawdown (3Y) | Sortino ratio |
|---|---|---|---|---|---|
| Axis Gilt Fund | INF846K01AX8 | 5.66% | 3.60% | -3.06% | -0.05 |
| Axis Liquid Fund | INF846K01412 | 5.99% | 0.21% | -0.01% | -0.89 |
| Axis Floating Interest Rates Fund | INF846K012B8 | 7.20% | 2.54% | -1.28% | 0.64 |
| Axis Money Market Fund | INF846K01R46 | 6.31% | 0.50% | -0.15% | 1.49 |
| Axis Medium Term Fund | INF846K01BP2 | 6.76% | 1.44% | -0.70% | 0.85 |
| Axis Ultra Short to Short Term Fund | INF846K01479 | 6.15% | 0.58% | -0.23% | 0.45 |
| Axis Overnight Fund | INF846K01O23 | 5.50% | 0.14% | 0.00% | -14.48 |
| Axis Nifty Midcap 50 Index Fund | INF846K012I3 | 24.02% | 21.51% | -20.54% | 0.56 |
| Axis Multicap Fund | INF846K016E3 | 20.09% | 17.83% | -18.52% | 0.91 |
| Axis Dynamic Term Fund | INF846K01917 | 5.91% | 2.29% | -1.29% | 0.13 |
The Axis Liquid Fund, for example, has a maximum drawdown of just -0.01% and volatility of 0.21%, while the Axis Multicap Fund carries a maximum drawdown of -18.52% alongside its higher equity returns. Matching these metrics to your own risk tolerance is essential before choosing a scheme.
How to Invest in Axis Mutual Fund Online
Starting a SIP or placing a lump-sum investment in Axis Mutual Fund requires no physical paperwork. You can invest directly on the fund house's official website using your folio number, through any SEBI-registered online investment platform, or via a mobile application.
Sign up on Invo Wealth to get complete portfolio insights and start investing in Axis Mutual Fund schemes that actually suit your financial goals.
How to Modify or Cancel Your SIP
To increase your SIP amount, the Step-up (top-up) SIP facility allows you to raise contributions systematically over time. Confirm availability with the fund house and use a Step-up Calculator to estimate revised amounts before making any changes.
To stop a SIP, place a Cancel SIP request online — log in to the fund house's website with your folio number, contact your distributor, or use the platform where the SIP was originally set up.
Conclusion
With ₹3.93 lakh crore in AUM, 71 schemes, a 17-year operating history, and a global research presence spanning 19 nations, Axis Mutual Fund offers a wide spectrum of choices for Indian retail investors. Debt-focused investors can look to low-volatility options like the Axis Overnight or Money Market funds, while those with a higher risk appetite may consider the Multicap or Midcap Index funds. Use the returns and risk tables above to shortlist schemes that align with your horizon and goals before investing.
Frequently asked questions
How do I start an Axis Mutual Fund SIP online?
You can start an Axis Mutual Fund SIP through Invo Wealth, the fund house's official website, or any other online investment platform or mobile application. No paperwork is required for online registration.
How do I calculate my Axis Mutual Fund SIP returns?
To estimate SIP returns, you need to factor in the investment amount, the tenure of the SIP, the number of instalments already paid, and your expected rate of return. An online SIP calculator can help you model different scenarios quickly.
How can I redeem my Axis Mutual Fund investment?
You can redeem online by logging in to the fund house's website with your folio number, or through whichever online platform you originally used to invest. Offline redemption is also possible by visiting the nearest fund house office and submitting the required form.
Can I increase my SIP amount in Axis Mutual Fund?
Yes, the Step-up (top-up) SIP facility lets you systematically raise your contribution over time. It is advisable to confirm this option is available with the fund house and use a Step-up Calculator to plan the revised amounts before making changes.
How do I stop or cancel my Axis Mutual Fund SIP online?
You can cancel a SIP at any time by placing a Cancel SIP request online. Log in to the fund house's website with your folio number, contact your agent, or use the investment platform where you originally set up the SIP to initiate the cancellation.
Mutual fund investments are subject to market risks; read all scheme-related documents carefully. This article is for education only and is not investment advice. Past performance does not guarantee future returns. Invo Wealth is an AMFI-registered mutual fund distributor (ARN-368528).