How Axis Mutual Funds Can Grow Your Wealth in 2024

Axis Mutual Fund, the investment division of Axis Bank, a leading private bank in India, was founded in October 2009. Axis Bank possesses a 74.99% stake in the mutual fund firm, which is dedicated to providing investment solutions customized for clients. By March 31, 2024, Axis Mutual Fund had overseen Assets Under Management (AUM) amounting to Rs. 2.74 lakh crore, covering over 100 cities and maintaining more than 98 lakh active investor accounts.

The mutual fund provides an extensive range of investment schemes in categories such as Debt, Hybrid, and Equity. Some of the key schemes include Axis Small Cap Fund, Axis Gold Fund, Axis Overnight Fund, Axis Growth Opportunities Fund, and Axis Strategic Bond Fund.

Axis Mutual Fund is managed by experienced professionals who are recognized for achieving stable returns. Renowned fund managers include Mr. Jinesh Gopani, Mr. Shreyash Devalkar, Mr. Ashish Naik, Mr. R. Sivakumar, Mr. Hitesh Das, Mr. Aaditya Pagaria, and Mr. Devang Shah.

Investing in Axis Mutual Funds online via the Groww platform is straightforward. Investors begin by registering and creating or accessing a Groww account. After uploading the requisite identity and address proofs, they can choose their preferred investment duration, select the desired fund, and opt for either "Invest One Time" for a lump sum or "Start SIP" for systematic investments.

Axis Mutual Fund is dedicated to long-term wealth creation and fostering strong investor relations. Its market strength and diverse products are crafted to meet the varied needs of investors. With a talented fund management team and an impressive performance history, Axis Mutual Fund stands as a reliable choice for increasing your wealth.