Axis Mutual Fund has launched 'Rozana SIP', enabling investors to start with low-ticket investments from just ₹10 per scheme per day across different Axis Mutual Fund schemes. According to reports from The Hindu BusinessLine, the SIP is available for investors to invest across up to 10 Axis MF schemes, offering built-in diversification through a simple setup. Investors can begin by selecting a minimum of two schemes, investing ₹10 per scheme per day, and scale up to 10 schemes based on their preferences.
The Rozana SIP basket includes 10 different schemes covering various investment categories. As reported by The Hindu BusinessLine, the portfolio includes Multicap, Small cap, Value Fund, Gold, Balanced Advantage, Mid Cap, Flexi Cap, Large Cap, Multi Asset Allocation, Ultra Short Duration and Short Duration Fund. This diversified approach allows investors to spread their investments across multiple asset classes and market segments.
Boniface Noronha, Head Digital Business, Axis MF, emphasized the fund house's commitment to making investing more inclusive and convenient for a broader set of investors. According to The Hindu BusinessLine, Noronha stated that with Rozana SIP, Axis MF is building on this philosophy by focusing on delivering a transparent and investor-first experience. The launch represents the fund house's strategy to democratize mutual fund investing through accessible investment options.
