Planning to Invest for the First Time? Then This Is for You

Axis Mutual Fund has introduced the ‘Rozana SIP’ scheme, allowing investors to invest small amounts on a daily basis. Through the company’s website, investors can start a SIP with as little as ₹10 per day in a scheme. Investors must choose at least two schemes initially and can later increase the number to up to 10 schemes.

The investment options include Axis Multicap Fund, Small Cap Fund, and Value Fund. According to the company’s Digital Business Head, Boniface Noronha, the initiative aims to make mutual fund investments more accessible. The product has been designed especially for new investors who face challenges such as limited savings, lack of investment awareness, and concerns over market volatility.