Axis mutual fund customer care

Financial Planning is an important aspect for every individual in today’s era. It is a step-by-step approach used to meet an individual’s life goal. Different people have different financial goals to achieve. Some may plan to accumulate money for meeting the expenses related to children’s education or for building or purchasing a house, for retirement purposes, for an emergency fund and so on. The surge in the inflation rates over the last few years has also forced the common man to safeguard the funds to tackle the inflation. Hence mutual funds act as one of the investment options to meet the unforeseen circumstances in future. Amongst the several mutual funds in India, Axis Mutual Fund is one of the highly-rated MFs in the country. Many schemes of the fund have yielded good returns over the last few years. Scheme Name Current NAV Scheme Category 70.91 Equity - Diversified 27.70% 36.63 Equity - Diversified 15.99% 80.11 Equity - Diversified 29.36% 41.91 Equity - Diversified 17.49% 18.32 Debt - Income 7.09% 10.09 Debt - Income 1.01% 10.17 Debt - Income 0.73% 20.17 Debt - Income 8.02% 10.11 Debt - Income 0.94% 10.30 Debt - Income 0.63% 16.19 Equity - Hybrid 5.43% 10.70 Equity - Hybrid 0.12% 17.35 Equity - Hybrid 6.22% 11.55 Equity - Hybrid 0.79% 17.55 Equity - Hybrid 10.87% 12.07 Equity - Hybrid 0.67% 11.57 Equity - Hybrid 0.87% 11.24 Equity - Hybrid 0.72% 19.35 Equity - Hybrid 12.30% 12.67 Equity - Hybrid 2.43% About Axis Mutual Fund On 27th June 2009 Axis Mutual Fund has b...

Overview of Axis Mutual Fund Axis Mutual Fund is one the leading asset management company in India which launched its first mutual fund scheme in the year 2009. Since then it has expanded its reach, now holds a customer base of over 20 lacs in 90 cities. This asset management company offers a total of 50 schemes in its product category. The investors with their short-term and long-term goals actively invest in such schemes for the sake of building long-term wealth and simultaneously fostering an enduring relationship with the bank. Board of Directors for Axis Asset Management Company Ltd. The list of board of directors are as under: 1. AMC Directors • R.K Bammi (Associate Director) • Richard Anthony Mountford (Associate Director) • Chandresh Kumar Nigam (MD & CEO) • Shikha Sharma (Chairperson) • P. Vijaya Bhaskar (Independent Director) • U. R Bhat (Independent Director) • T.S Narayanasami (Independent Director) • Ashok Sinha (Independent Director) 2. Trustee Directors • Bapi Munshi (Associate Director) • Murray Coble (Associate Director) • Uday M. Chitale (Independent Director) • Kedar Desai (Independent Director) • T.C Nair (Chairperson) • Vittaldas Leeladhar (Independent Director) Registrar The registrar of Axis Asset Management Company Ltd. is Karvy Computershare Pvt. Ltd. Fund Managers The fund managers are classified under two broad categories: 1. Fund Manager-Equity • Mr. Shreyash Devalkar • Mr. Jinesh Gopani • Mr. Anupam Tiwari • Mr. Ashish Naik 2. Fund Manager-Fixe...

In what ways can our IFAs help you? • Our IFAs can understand your goals and help you plan your investments basis their expert knowledge and experience • Our IFAs can study your existing portfolio and help you make informed decisions for the future • Our IFAs can provide you with end to end services starting from planning your goals, making a transaction, to tracking your investments and building a strong portfolio.

Mutual Fund Redemption The process is easy, and depending on the type of mutual fund you hold, money can be credited to your bank account in a maximum of 4-5 working days after you submit a redemption request to the fund house. How does an investor redeem mutual fund units? A unit of a How do I know what is the amount that will be credited? It is easy to calculate the approximate value of your investments. It can be done by multiplying the number of units you hold on the day with that day’s NAV of that particular scheme. However it will be subject to a) exit load, if any for the scheme and b) ‘applicable NAV’ i.e., the NAV that depends on the day and time when that you submit your redemption request. For example if you are submitting your redemption before the cut-off time on a business day you are entitled to the NAV of the same day. Do note that securities transaction tax (STT) is applicable on redemption of equity-oriented schemes Redemption proceeds for liquid or debt-oriented units are paid within 1-2 working days. For equity mutual funds, the amount is credited within 4-5 working days. The redemption proceeds are paid to the investor’s registered bank account provided that the bank branch is enabled for RTGS / NEFT. If the fund house, does not have complete bank details, cheques are sent to the investor. What load or charges will the investor have to pay on redemption? Generally most equity-oriented schemes have an exit load of 1% if redeemed before a year from purch...

Investing in Here is the eligibility criterion for mutual funds: • The applicant needs to be an existing Axis Bank account holder • The applicant needs to be KYC Compliant • The Savings Bank Account status has to be Single or Either/Survivor • The Account Opening Application Form has to be signed by the all the Bank Account Holders If you are an existing Axis Bank customer and haven’t opened an Investment Services Account yet, Make sure you have all the necessary documentation for Mutual Funds in place. As per SEBI norms, Know Your Customer (KYC) compliance is a pre-requisite for investments in Mutual Funds. Accordingly, all customers looking to invest in Mutual Funds need to fill up the Mutual Fund account application form along with Customer Risk profiler and KYC application and submit them to the nearest Axis Bank Branch. What is KYC (Know your client)? KYC or Know Your Customer is a customer identification process. The Securities and Exchange Board of India (SEBI) has laid down guidelines under the Prevention of Money Laundering Act 2002, which makes it binding for financial institutions and financial intermediaries like mutual funds to acquaint themselves with their customers. KYC process helps prevent money laundering and other suspicious transactions. With effect from January 1, 2012 all categories of investors irrespective of amount of investments Mutual Funds are required to comply with KYC for carrying out any transactions in Mutual Funds. Thus, all applicants in...