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- FIXED DEPOSIT
  
  Domestic General (1 Yr < 1 Yr 5 D)
  
  Domestic General (13 Mts < 14 Mts)
  
  Domestic Sr. Citizen (1 Yr < 1 Yr 5 D)
  
  Domestic Sr. Citizen (13 Mts < 14 Mts)
  
  NRE (1 Yr < 1 Yr 5 D)
  
  NRE (13 Mts < 14 Mts)
  
  Less than 2Cr
  
  7.30%
  
  7.35%
  
  7.95%
  
  8.00%
  
  7.30%
  
  7.35%
  
  2Cr to Less than 5Cr
  
  7.50%
  
  7.50%
  
  8.15%
  
  8.15%
  
  7.50%
  
  7.50%
  
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- LOANS
  
  Home Loan(upto Rs 30 Lac) (Floating)
  
  Loan Against Property(Floating)
  
  Personal Loan
  
  New Car Loan
  
  MCLR+0.00% - 8.90%* p.a
  
  11.35% - 12.45%* p.a
  
  15.5% - 24%
  
  9.25% -11.50%
  
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- SAVINGS ACCOUNT
  
  3.5% - 6%
  
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- FOREIGN CURRENCY EXCHANGE RATE
  
  Know More
- MCLR
  
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Investments

Mutual Fund

Long Term financial planning with Mutual Funds

FIND A LOCAL POST BOX

Professional Management

Specialised investment activity carried out by professionals

Well Regulated

SEBI monitors activities of the mutual funds

Reduced Risk

Diversification among a number of investments for less risk

Easy Liquidity

Open-ended schemes with on-going sale and repurchase facility offer high liquidity

Fees and Charges

Features and Benefits

By Structure

By Investment Objective

Equity Schemes

These primarily invest in shares. Based on the objective, investments could be in growth stocks, where earnings growth is expected to be high, or value stocks, where the view of the fund manager is that current valuations in the markets do not reflect the intrinsic value. The various kinds of equity schemes are:

Equity Diversified: All non-theme and non-sector funds can be classified as equity diversified funds.
Mid Cap: These funds invest in companies from different sectors. However they put a restriction in terms of the market capitalisation of a company, i.e., they invest largely in BSE Mid Cap Stocks.
ELSS: ELSS is an open-ended equity growth scheme that is offered by Mutual Funds in line with existing ELSS guidelines. The investments under this type of scheme are subject to a lock-in period of 3 years and, as per the Finance Act 2005, are allowed the benefit of income deduction upto Rs. 1,50,000 under section 80(C).
RGESS: Rajiv Gandhi Equity Savings Scheme is a tax advantage savings scheme for first time retail investors in securities market. It gives tax benefit who invest upto Rs. 50,000 and whose annual income is below Rs. 12 Lakhs. Tax benefit is upto 50% deduction on investment amount under section 80 CCG of income tax act.
Thematic: These schemes invest in various sectors but restrict themselves to a particular theme eg, services, exports, consumerism etc.
Sector Specific: These are schemes that invest in a particular sector for example IT. They have a high degree of risk associated with them as if that particular sectors does not perform then their returns will suffer.
Flexicap: These kinds of schemes invest across market caps.
Special Funds: There are also schemes to meet financial objective like retirement and child plan.

Debt or Income Schemes

Such a fund invests in interest bearing securities, mainly government securities and corporate bonds. This fund earns returns for its investors from interest income on its investments and profits on trading securities. In terms of risk, this type of fund is the least risky.

Money Market Schemes

These schemes invest in short-term debt instruments issued by the government, corporates or banks. These are typically investments in short term papers like the CPs and CDs etc.

Hybrid Schemes

Balanced Schemes: Balanced schemes invest in a mix of equity and debt. The debt investments ensure a basic interest income, which the fund manager hopes to top with a capital gain from the investment in equities. However loses can eat into basic interest income and capital.
Monthly Income Plans: MIPs are suitable for conservative investors who along with an exposure to debt do not mind a small exposure to equities. These funds aim to provide consistency in returns by investing a major part of their portfolio in debt market instruments with a small exposure to equities. Thus an MIP would be suitable for conservative investors who along with protection of capital seek some capital appreciation as MIPs have an exposure to equities. However the monthly income is not assured.
Hybrid Asset Allocation Funds: These schemes invest in a mix of Equity, Arbitrage and Debt.
Asset Allocation Funds: These schemes invest in a mix of Equity, Debt and Commodity.

Equity Linked Saving Scheme (ELSS)

Systematic Investment Plan (SIP)

A Systematic Investment Plan (SIP) is a convenient way to accumulate wealth in a disciplined manner over a long-term period.
The investments under this type of scheme are subject to a lock-in period of 3 years and, as per the Finance Act 2005, and are allowed the benefit of income deduction upto Rs. 1,50,000.
It helps you to invest regularly in small instalments and thereby build wealth over a period of time.
SIP is a method of investing in a mutual funds scheme.
These schemes are offered by the Asset Management Companies (AMCs) to customers through a distributor.
The Bank acts as a distributor of Mutual Fund products for the AMC to the customers.
A customer wanting to invest in such a scheme can avail of the Systematic Investment Plan option through Axis Bank.

Advantages of SIP

Power of Compounding – SIP helps you to start investing at an early age to meet the greater expenses of your life. Saving a small sum of money regularly makes money work with greater power of compounding with significant impact on wealth accumulation.
Rupee Cost Averaging – SIP minimises the effects of investing in volatile markets. It helps you average out your cost by generating superior returns in the long run. It reduces the risk associated with lump sum investments. Since you get more units when the NAV drops and fewer when it rises, the cost averages out over time, so that the average cost of your investment is often reduced.
Convenience and Regularity – SIP gives you the convenience to pay through Axis Bank Electronic clearance service (ECS) or Auto Debit. You can decide the amount and the mutual fund scheme. A fixed amount will automatically get debited from your account on a date specified by you.
Disciplined approach towards investment – Since you invest regularly, it makes you disciplined in your savings, which leads to wealth accumulation. Disciplined investing is vital to earning good returns over a longer time frame.

Steps to invest in SIP

Step 1: Select a mutual fund scheme of your choice with the payment option as SIP

Step 2: Decide the investment periodicity (frequency of making payments). You can choose to make your investment on a monthly or quarterly basis.

Step 3: Select the minimum investment amount. For instance, you can choose to invest Rs. 60,000 every year with a monthly SIP option. This means you would be investing Rs. 5,000 every month in your fund. By the end of a year, you would have invested Rs. 60,000 in your fund.

Step 4: The amount gets converted into units, depending on the Net Asset Value (NAV). NAV is the market value per unit of a fund. If the NAV in the first month is Rs. 20, you will get 250 units. Similarly in the next month if the NAV is Rs. 25, you will get 200 units. The following month if the NAV is Rs. 18, then you will get 277.77 units. So, after three months, you would have 727.77 units. On an average, you would have paid around Rs 20.6 per unit.

Step 5: The units get accumulated over a period of time. You can stay invested till the time you wish and redeem your units when you wish to exit from the scheme. The units are redeemed at the market value (NAV) and you get back your money with returns. For investing in SIP, all you need to do is visit your nearest Axis Bank branch and just fill up a simple application form. You can also fill in your personal details on the "Apply Now" link on our website and our relationship manager will get in touch with you shortly.

Disclaimer

Mutual Fund investments are subject to market risk. Please read the offer document carefully before investing

SLEEP IN PEACE Plan

SLEEP IN PEACE (SIP) is a regular savings cum investment plan that helps you make little planned savings every month. All so that you can have peace of mind.

How does SLEEP IN PEACE help you?

By making you save every month, it inculcates a sense of discipline
Helps you capitalise on the power of compounding
Helps prevent sentiment-driven market investments. By ensuring that you invest every month, month after month, it helps you buy at the "average price" and eliminates the risk of buying only at high prices
Regular savings help prepare you for planned and unplanned expenses
Offers convenience - by filling one form, you can invest every month

How does SLEEP IN PEACE help build wealth?

The table below illustrates how regular investments of Rs. 4,500 per month using SLEEP IN PEACE can result in a corpus of more than Rs. 34 lakhs* in 20 years. This is assuming a moderate growth rate of 10% CAGR over the 20 year time period. SIP as an investment method uses the power of compounding effectively to build wealth.
Illustrative Example:

Year	Amount (In Rs. Lakhs)
1	0.57
2	1.20
3	1.90
4	2.66
5	3.51
6	4.45
7	5.48
8	6.63
9	7.89
10	9.29
11	10.83
12	12.54
13	14.42
14	16.50
15	18.80
16	21.34
17	24.15
18	27.25
19	30.67
20	34.45*

Assuming that investments are made at the beginning of each month. Monthly investment of Rs. 4,500 assuming 10% CAGR; Average return for last 15 years on BSE Sensex is approx 12% (Source MFIE, as on 31 March 2010). All figures cited in the illustration are notional.

Disclaimer

Systematic Investment Plans (SIPs) allow you to invest small fixed amounts every month thus helping you sleep in peace.Statutory Details: Axis Mutual Fund has been established as a Trust under the Indian Trusts Act, 1882, sponsored by Axis Bank Ltd. (liability restricted to Rs. 1 Lakh). Trustee: Axis Mutual Fund Trustee Ltd. Investment Manager: Axis Asset Management Co. Ltd. Risk Factors: All mutual fund and securities investments are subject to market risks and there is no guarantee that the investment objective of the scheme(s) will be achieved. The NAV of the units issued by the Mutual Fund under the scheme(s) can go up or down depending on various factors and forces affecting securities markets. Past performance of the Sponsor, its affiliates/the AMC/the mutual fund or its schemes does not indicate the future performance of the scheme(s). The sponsor is not liable or responsible for any loss or shortfall resulting from the operation of the scheme(s). Mutual Fund Investments are subject to market risks. Read the Scheme Information Document and Statement of Additional Information carefully before investing.

Fees and Charges

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