Chennai: Axis Account Plus, the new digital working capital management solution from Axis Mutual Fund, has been launched to help corporates and MSMEs seamlessly invest surplus funds in eligible debt and liquid mutual fund schemes.
Positioned as India’s first end-to-end digital working capital management solution, Axis Account Plus enables businesses to manage idle funds through a fully digital platform with built-in governance protocols, operational controls and a streamlined investment experience.
The launch comes as India’s mutual fund industry continues to strengthen its role in the country’s financial ecosystem while a substantial amount of corporate capital remains underutilised.
Nearly ₹25 lakh crore is estimated to be parked in current accounts, where it typically earns no returns. At the same time, India has over 31 lakh active corporates and limited liability partnerships (LLPs), along with more than 8.6 crore MSMEs registered on the Government of India’s Udyam platform.
Despite this large addressable market, participation by non-individual investors in mutual funds remains relatively limited, with institutional folios accounting for approximately 13.6 lakh folios.
This indicates an opportunity to simplify mutual fund access for corporates and MSMEs. Axis Account Plus has been introduced to bridge this gap by offering an entirely digital solution for working capital management.
Businesses often maintain surplus funds between payment cycles, receivables, working capital requirements and planned expenses.
Axis Account Plus allows companies to deploy these idle funds into eligible Axis Mutual Fund debt and liquid schemes through a convenient digital platform designed to improve capital efficiency while maintaining flexibility and operational governance.
As an illustration, if a company with a ₹100 crore balance sheet had ₹10 crore available as surplus working capital, it could deploy the amount through Axis Account Plus into Axis Mutual Fund’s debt and liquid schemes for one month.
Based on the historical performance of the Axis Liquid Fund, this may have potentially generated approximately ₹5.25 lakh over the month ended May 31, 2026, assuming a simple annualised return of around 5.85%.
Compared with keeping funds in a current account that earns no returns, Axis Account Plus enables businesses to potentially generate returns on surplus working capital.
These earnings may then be utilised to offset operational expenses and routine business overheads, thereby improving capital efficiency.
Past performance may or may not be sustained in future. Please refer Annexure 2 on Page 3 for the performance of the scheme in the SEBI-prescribed format.
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Key Features of Axis Account Plus
- Better Returns on Idle Funds: Enables businesses to invest idle funds to potentially improve working capital management. The solution offers no penalty on redemption, flexibility to park funds from one day up to one year, and an endeavour for same-day credit of redemption proceeds for quicker access to cash.
- Seamless Digital Journey: Supports complete online onboarding, KYC, folio creation and investment execution, reducing paperwork, offline dependencies and process delays.
- Safety and Trust: Investments are regulated by SEBI and managed by Axis AMC, providing credibility and security.
- Robust Controls: Features maker-checker workflows that support internal approval processes with built-in governance protocols.
- Service Connects: Registered makers and checkers receive transaction updates through SMS and email.
- Unified Visibility: Provides a consolidated dashboard to monitor investments across companies, including subsidiaries, enabling group-level portfolio visibility.
- Dedicated Support: Offers access to a dedicated relationship manager through SMS, email and WhatsApp, along with regular product updates and investment insights.
B. Gopkumar, MD & CEO, Axis AMC, said: “With more than 8.6 crore MSMEs registered on the Government of India’s Udyam platform and approximately ₹25 lakh crore that is estimated to be held in current accounts in Banks, typically earning minimal or no returns, we see this as a huge opportunity to tap in.
With Axis Account Plus, we aim to be the first AMCs to address this opportunity at scale, targeting at least 2–3% of India’s MSMEs and corporates.
Our working capital management solution allows MSMEs to park idle business cash seamlessly and efficiently, potential to earn return.
This solution enables business-grade workflows and maker-checker controls, with an aim to support the pace, governance and growth ambition of modern enterprises.”
With Axis Account Plus, Axis Mutual Fund aims to redefine surplus cash management for businesses by combining digital convenience, operational control and transaction capabilities on a single platform.
The launch reinforces the asset manager’s focus on innovation while enabling corporates and MSMEs to make more efficient financial decisions through a digitally enabled working capital management solution.
