Expressinvest Mutual Fund account is a completely online and a paperless Mutual Fund (MF) Investment Account. It provides convenience of managing your Mutual Fund investments from the comfort of your home or office.

• A completely paperless Mutual Fund Investment Account
• Get monthly Mutual Fund Research insights update
• Experience safe and secured online investment experience

A Resident Indian (individual) whose KYC status is “KRA verified (mandatory) and who do not have Axis Direct 3-in-1 account is eligible to open Expressinvest account.

You can only invest in Mutual Fund through Expressinvest Mutual Fund account.

Yes, KRA registration & verification is mandatory.

You need to submit the KRA application form along with the necessary documents to KRA agency (any one from CVL, NDML, Karvy, CAMS, DOTEX) directly or through any one of the registered POS.

You can open this account only if the status of your KRA application form is "Verified" at KRA end.

If you are a resident Indian and your KRA status is 'Verified' then by following the below steps you can open your Expressinvest Mutual Fund account:
i) Step 1 - Enter your PAN and Date of Birth
ii) Step 2 - Verify your details shown on the screen
iii) Step 3 - Create your user ID and password
iv) Step 4 - Complete your brief profile
v) Step 5 - Link your Bank Account
vi) Step 6- Start investing!

If your status is KRA verified then you need not submit any documents in hard copy format.

This facility is currently not available for NRI, HUF and Minor.

For any change in KYC records you need to submit the modification request with the KRA agency.

Currently, this facility is available only for existing Axis Bank account customers.

Yes.

No. Currently, nomination facility is not available in Expressinvest account.

No. Currently, joint holder facility is not available in Expressinvest account.

You can invest in the schemes of below mentioned Mutual fund AMC’s through Expressinvest account:

• Birla Sun life		• SBI Mutual Fund
• DSP Black Rock Mutual Fund		• ICICI Prudential
• Franklin Templeton Mutual Fund		• Tata Mutual Fund
• IDFC Mutual Fund		• HDFC Mutual Fund
• Kotak Mutual Fund		• UTI Mutual Fund
• Axis Mutual Fund

You can transfer money through your registered bank account by using Netbanking facility.

Currently, Mutual Fund investments through Expressinvest acccount are free of charges.

Yes, you will be able to view Mutual Fund transaction/holding statements, for all Mutual Fund transactions placed through us.

Investors should note that in the case of liquid funds, NAV is also declared on holidays and non-business days.

The applicable NAV for liquid fund purchases is as below:

Case 1:- In purchase of liquid funds, if an application amount is less than Rs. 2 lakhs and application is received before the cut-off time of 11.30 a.m. on a business day, then previous day's NAV will be applied.
Eg:- Client has placed order before 11:30 am for Rs 1.5 lakhs on Friday (working day), then applicable NAV will be of Thursday.

Case 2:- In purchase of liquid funds, if an application amount is greater than or equal to Rs. 2 lakhs and an application is received before the cut-off time of 11.30 a.m. on a business day, then same day NAV will be applied
Eg:- Client has placed order post 11:30 am for Rs 2 lakhs on Friday (working day), then applicable NAV will be of Sunday i.e. Holiday NAV.

Case 1:- In purchase of Equity or Debt funds, if an application amount is less than Rs. 2 lakhs and application is received before the cut-off time of 1.30 p.m. on a business day, then same day's NAV will be applied.

Case 2:- In purchase of Equity or Debt funds, if an application amount is greater than or equal to Rs. 2 lakhs and application is received before the cut-off time of 1.30 p.m. on a business day then Next business day NAV will be applicable.

If you have Axis Bank account and you are the primary account holder in this bank account then by using Net banking facility you can link your Axis Bank account online with Expressinvest account. This facility is available only for your primary bank account maintained with Axis bank.

No. Currently you can link only your Axis bank account with Expressinvest account.

Your default Axis Bank account will be reported as bank mandate for all the folios created through Expressinvest and all the redemption proceeds will be credited to your linked default Axis Bank account only.

For change of bank mandate for any of your folios, you can submit the request directly with the respective AMC.

If you wish invest into direct equities, please contact us at your nearby Axis Direct branch. You can also contact customer care at 24-hour Customer Care Number 1800-210-0808 or you can also write to us at helpdesk@axisdirect.in and our executive will get in touch with you for necessary documentation for opening the 3-in-1 account.

No. Once you open 3-in-1 account with Axis Direct all your future investments will happen through your Axis Direct 3-in-1 account only and you will not be able operate your standalone Expressinvest account. All you past investments through Expressinvest will automatically reflect in your 3-in-1 account.