Use our Axis SIP Calculator, also commonly searched as “SIP Calculator Axis”, to plan your monthly investment in Axis mutual funds. Calculate your returns, compare Axis’s top funds, and discover which Axis fund fits your portfolio.
A Systematic Investment Plan, or SIP, is a method of investing in mutual funds where you contribute a fixed amount at regular intervals, typically every month. Instead of putting in a large lumpsum at one go, SIPs let you spread your investment over time.
Each month, a pre-decided amount is auto-debited from your bank account and used to buy units of your chosen mutual fund. Over time, this builds a disciplined investing habit while also smoothing out the impact of market ups and downs.
SIPs work well for long-term wealth creation because of two core principles. The first is rupee cost averaging, where you end up buying more units when prices are low and fewer when prices are high, which averages out your overall purchase cost. The second is compounding, where the returns generated on your investments themselves start generating returns, leading to faster wealth accumulation the longer you stay invested.
SIPs are flexible. You can start one, pause it, increase the amount, or stop it at any time. This makes them suitable for salaried investors, first-time investors, and anyone with a long-term financial goal like retirement, a home down payment, or a child’s education.
A SIP calculator uses a standard mathematical formula to estimate how much your monthly investment can grow into over time. The formula is:
M = P × ({[1 + i]ⁿ – 1} / i) × (1 + i)
Where:
Many people make the mistake of taking the expected annual return and simply dividing it by 12 to get the monthly rate. For instance, treating a 12% annual return as 1% per month. This gives an inflated result because mutual fund returns compound.
The correct approach is to convert the annual return into an effective monthly return using this formula:
Monthly Return = (1 + Annual Return)^(1/12) – 1
For an annual return of 12%, the effective monthly return works out to about 0.95%, not 1%. When you compound 0.95% monthly across 12 months, you correctly arrive at 12% annually. Using a flat 1% per month would compound to over 12.6% per year, overstating the maturity value.
Let’s say you invest ₹1,000 every month for 12 months at an expected annual return of 12%.
First, convert the annual return into a monthly rate:
i = (1 + 0.12)^(1/12) – 1 = 0.0095 (or 0.95%)
Now apply the SIP formula:
M = 1,000 × ({[1 + 0.0095]¹² – 1} / 0.0095) × (1 + 0.0095)
M ≈ ₹12,766
So a ₹1,000 monthly SIP for 12 months at 12% annual return grows to approximately ₹12,766 (₹12,000 invested + ₹766 gain).
Note that this assumes a steady rate of return throughout the SIP period. In reality, mutual fund returns vary with market conditions. The calculator gives you an estimate, not a guaranteed outcome.
Ranked by AUM, these are Axis’s largest mutual funds available for SIP. Past performance is not indicative of future results.
| Rank | Fund Name | Category | AUM (₹ Cr) | 5Y Return | 3Y Return | 1Y Return | Expense Ratio | Exit Load |
| 1 | Axis ELSS Tax Saver Fund | ELSS | 29,076 | 8.3% | 14.5% | -1.0% | 0.81% | Nil (3-year lock-in) |
| 2 | Axis Midcap Fund | Mid Cap | 28,835 | 15.6% | 19.9% | 6.6% | 0.55% | 1% within 1 year |
| 3 | Axis Large Cap Fund | Large Cap | 28,661 | 8.5% | 12.0% | -0.9% | 0.72% | 1% within 1 year |
| 4 | Axis Small Cap Fund | Small Cap | 23,919 | 18.8% | 17.4% | 1.8% | 0.60% | 1% within 1 year |
| 5 | Axis Large & Mid Cap Fund | Large & Mid Cap | 13,973 | 15.2% | 19.6% | 4.4% | 0.60% | 1% within 1 year |
| 6 | Axis Flexi Cap Fund | Flexi Cap | 11,413 | 10.5% | 15.0% | 1.7% | 0.72% | 1% within 1 year |
| 7 | Axis Focused Fund | Focused | 9,967 | 6.2% | 11.8% | -2.5% | 0.85% | 1% within 1 yea |
| 8 | Axis Multicap Fund | Multi Cap | 8,543 | NA | 22.3% | 3.3% | 0.69% | 1% within 1 year |
| 9 | Axis India Manufacturing Fund | Equity - Other | 4,681 | NA | NA | 9.8% | 0.53% | 1% within 1 year |
| 10 | Dynamic Asset Allocation | 3,558 | 11.5% | 15.1% | 3.7% | 0.73% | 0.25% within 30 days |
AUM and returns as of March 19, 2026. Source: AMFI
Past returns alone don’t determine the right fund for you. Fund suitability depends on your existing portfolio, risk profile, age, income, and financial goals.
NovaAI, Novelty Wealth’s AI-powered advisory engine, scores every Axis mutual fund on a personalized scale and recommends the funds best suited to you. The highest-scoring Axis fund for one investor may be different from the best pick for another.
Available on the Novelty Wealth app. Connect your existing portfolio and get personalized Axis fund scores and recommendations.
When investing in Axis mutual funds, you can choose between a SIP or a lumpsum (one-time) investment. Both have their place.
| Feature | SIP | Lumpsum |
| Investment style | Fixed amount every month | One-time large amount |
| Best suited for | Salaried investors, beginners, anyone investing gradually | Investors with idle cash and a clear market view |
| Market timing risk | Lower (purchase price averages out over time) | Higher (timing matters significantly) |
| Discipline | Built-in via auto-debit | Self-managed |
| Minimum capital | Low (small monthly amounts) | Higher upfront amount needed |
For most retail investors building long-term wealth, a SIP is the recommended approach. It removes the pressure of market timing and converts your monthly savings into long-term wealth. Lumpsum investments work better when you have a large windfall and a clear conviction that the market is undervalued.
You can use both approaches together. For instance, run a steady SIP and add a lumpsum investment whenever you have surplus cash.
Axis Mutual Fund, one of India’s leading mutual fund houses, was set up on 04-Sep-2009 (as per AMFI). It is sponsored by Axis Bank Limited.
With total direct-plan AUM of approximately ₹3.14 Lakh Cr, 78+ active direct plan schemes, and a track record of 17+ years, Axis Mutual Fund serves investors across equity, debt, hybrid, and index categories.
Axis offers schemes across major mutual fund categories, with funds suited to different risk profiles and investment goals.
B. Gopkumar took over as MD & CEO of Axis AMC on May 1, 2023. He previously served as MD & CEO of Axis Securities for over three years.
R. Sivakumar was elevated to Chief Investment Officer of Axis Mutual Fund in March 2026 to lead investment strategy and research. A founding member of Axis AMC since 2009, he oversees the equity, fixed income, and hybrid investment teams.
Axis Mutual Fund covers all major fund categories Indian SIP investors commonly use. Below are some of the popular ones based on the top funds by AUM:
| Category | Fund Name |
| ELSS | Axis ELSS Tax Saver Fund |
| Mid Cap | Axis Midcap Fund |
| Large Cap | Axis Large Cap Fund |
| Small Cap | Axis Small Cap Fund |
| Large & Mid Cap | Axis Large & Mid Cap Fund |
| Flexi Cap | Axis Flexi Cap Fund |
| Focused | Axis Focused Fund |
| Multi Cap | Axis Multicap Fund |
| Equity - Other | Axis India Manufacturing Fund |
| Dynamic Asset Allocation | Axis Balanced Advantage Fund |
Axis’s product range spans across risk profiles, from equity-oriented schemes to hybrid and index funds.
Axis ELSS Tax Saver Fund allows tax deduction of up to ₹1.5 lakh under Section 80C (applicable under the old tax regime) while providing equity exposure. This fund has a mandatory 3-year lock-in period. This is for investors combining tax savings with long-term equity investing. Use the Axis ELSS Tax Saver Fund SIP calculator above to estimate your returns.
Axis Midcap Fund invests primarily in Indian mid-cap companies, ranked 101st to 250th by market capitalization. This is for investors with higher risk appetite looking for growth-oriented mid-cap exposure over a long-term horizon. Use the Axis Midcap Fund SIP calculator above to estimate your returns.
Axis Large Cap Fund invests primarily in India’s top 100 companies by market capitalization. This is for investors seeking exposure to established blue-chip companies with relatively lower volatility than mid or small-cap funds. Use the Axis Large Cap Fund SIP calculator above to estimate your returns.
Axis Small Cap Fund targets small-cap companies with high growth potential, offering the possibility of higher returns alongside higher volatility. This is for aggressive investors with a long-term horizon who can tolerate short-term market swings. Use the Axis Small Cap Fund SIP calculator above to estimate your returns.
Axis Large & Mid Cap Fund invests in a mix of large-cap and mid-cap stocks. This is for investors looking to balance the stability of large-caps with the growth potential of mid-caps within a single scheme. Use the Axis Large & Mid Cap Fund SIP calculator above to estimate your returns.
Axis Flexi Cap Fund invests across large, mid, and small-cap stocks based on market opportunities. This is for investors seeking diversified equity exposure with a long-term horizon. Use the Axis Flexi Cap Fund SIP calculator above to estimate your returns.
Axis Focused Fund holds a concentrated portfolio of stocks selected on a high-conviction basis. This is for investors comfortable with concentrated equity exposure as part of their portfolio. Use the Axis Focused Fund SIP calculator above to estimate your returns.
Axis Multicap Fund maintains exposure across large, mid, and small-cap stocks based on SEBI’s multi-cap framework. This is for investors seeking structured diversification across all three market cap segments. Use the Axis Multicap Fund SIP calculator above to estimate your returns.
Axis India Manufacturing Fund is a thematic equity scheme focused on industrial and infrastructure sectors. Being a sectoral fund, it carries higher concentration risk and is suited only for investors comfortable with sector-specific volatility. Use the Axis India Manufacturing Fund SIP calculator above to estimate your returns.
Axis Balanced Advantage Fund dynamically shifts between equity and debt based on market valuations, offering equity-linked exposure with lower volatility than pure equity funds. This is for investors who want equity participation with a built-in cushion against market corrections. Use the Axis Balanced Advantage Fund SIP calculator above to estimate your returns.
The Axis SIP calculator estimates what your monthly SIP investment could grow into over time. Here’s how it works:
The calculator shows your total invested amount, wealth gained through compounding, and final maturity value. Use it to plan the monthly SIP amount needed for goals like retirement, children’s education, or long-term wealth creation.
The ICICI Prudential SIP calculator estimates what your monthly SIP investment could grow into over time. Here’s how it works:
The calculator shows your total invested amount, wealth gained through compounding, and final maturity value. Use it to plan the monthly SIP amount needed for goals like retirement, children’s education, or long-term wealth creation.
| AMC Name | Axis Asset Management Company Limited |
| Date of Set Up of Mutual Fund | 04-Sep-2009 |
| Sponsors | Axis Bank Limited |
| MD & CEO | B. Gopkumar |
| CIO | R. Sivakumar (CIO - Equity) |
| SEBI Registration | MF/056/09/9 |
| Total Schemes (Direct Growth) | 78 |
| Equity Schemes | 34 |
| Debt Schemes | 23 |
| Hybrid Schemes | 14 |
| Total AUM | ₹3.14 Lakh Cr |
| Website | axismf.com |
Axis equity mutual fund SIPs held for over 12 months are taxed as long-term capital gains (LTCG) at 12.5% on gains above ₹1.25 lakh per financial year. Gains within 12 months are taxed as short-term capital gains (STCG) at 20%. Axis debt fund SIPs are taxed at your income tax slab rate, regardless of holding period (post April 2023 changes).
The right Axis fund for long-term SIP depends on your risk profile, existing portfolio, and goals. Axis offers funds across categories like large cap, mid cap, flexi cap, ELSS, and hybrid, each suited to different investor needs. Get your personalized NovaAI Score on the Novelty Wealth app to find the right Axis fund for your portfolio
Equity mutual fund SIPs and bank FDs serve different purposes. SIPs carry market risk and aim for long-term wealth creation, while FDs are capital-protected and suited for short-term safety. The right choice depends on your goals, time horizon, and risk appetite.
Yes. NRIs can invest in Axis mutual funds via NRE/NRO accounts. NRI-specific KYC is required, and TDS may apply on redemption. US and Canada-based NRIs face some category restrictions under FATCA rules.
Most Axis equity funds charge a 1% exit load if you redeem units within 1 year of investment. ELSS funds have a 3-year mandatory lock-in (no exit load). Index funds typically have low or no exit loads. Always check the specific fund’s Scheme Information Document before investing.
Novelty Wealth scores every Axis mutual fund based on your unique portfolio, risk profile, and goals. Connect your existing investments and get tailored Axis fund recommendations from NovaAI.
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