How to switch investments from one fund to another fund of Axis Mutual Funds?

The invested amount in any particular scheme of Axis Mutual Fund can be switched or transferred to a different scheme of Axis MF. This can either be done as a lump sum or through periodic transfer called STP. An investor needs to fill the form of STP along with the details of the target as well as source scheme.

What is the available frequency of STP in Axis Mutual Fund?

The frequency of STP can be weekly (transferred on every Wednesday), fortnightly (alternate Wednesday) or monthly (1st, 7th, 10th, 15th and 25th day of the month).

How to complete KYC to invest in Axis MF?

The KYC through PAN number is mandatory to invest in Axis Mutual Fund which can either be done offline by sending the physical copy of documents, or it can also be done online in a paperless manner through Video KYC.

What is the proof of investment in Axis Mutual Funds?

The consolidated account statement is proof of investment in mutual funds. This statement is provided by the Axis Mutual Funds and consolidates all the financial transactions in all folios of the investor.

When will I receive the consolidated account statement (CAS)?

The consolidated account statement is dispatched on or before the 10th day of every month through registered email ID.

What are the available dates of Axis SIP?

The available dates for SIP in any scheme of Axis Mutual Fund are the 1st, 7th, 10th, 15th and 25th of every month.

How to analyse the risk associated in a fund?

The risk associated in a mutual fund can be analysed through the parameters like standard deviation and beta. Lower standard deviation means less volatility in the NAV.