Page 4 - Axis Mutual Fund

Axis MF, Inversion Advisory launch AIF to invest in underperforming firms

Plans to raise Rs 3,500 cr; Axis AMC to be investment manager of the fund, Inversion to provide operational and turnaround expertise

Axis MF eyes Rs 100 crore from new SDL-based fund of funds

Axis Mutual Fund, one of the fastest-growing fund houses, on Thursday launched a new fund offer targeted at state development loans (SDL)-based ETF and hopes to mop up at least Rs 100 crore from issue

Don't see any major pressure as a result of the taper: Axis MF's Sivakumar

In a Q&A, R Sivakumar says the key drivers of foreign flows in India would be the inclusion of Indian bonds in global fixed-income benchmarks

Axis Mutual Fund launches new consumption ETF, targets Rs 25 crore

Axis Mutual Fund on Monday launched a consumption ETF (exchange-traded fund) with a target to raise Rs 25 crore.

Let quant funds build track record before investing, say analysts

These funds select stocks by applying quantitative parameters or filters

Growth delayed, not denied due to Covid-19 wave: Axis MF's Jinesh Gopani

Markets believe growth will revive in the latter half of FY22, says executive.

Axis Mutual Fund launches IT-focused exchange traded fund

Axis Mutual Fund on Wednesday launched an exchange-traded fund focused on technology stocks.

After Sebi mandate on multicap funds, Axis MF moves scheme to new category

Axis Mutual Fund renamed its multicap scheme and moved it to a new category where it will not be constrained by market cap restrictions

We're cautiously optimistic and playing recovery theme: MD-CEO of Axis MF

In a Q&A, Chandresh Nigam of Axis Murual Fund says high-frequency indicators on discretionary spends such as auto sales and realty absorption figures point to strong pent-up demand

Indian MFs turn to global funds for better yields, reduction of home bias

Financial planners recommend setting aside 5 to 10 per cent of one's portfolio in international funds

Axis MF launches global fund, aims to raise up to Rs 1,500 crore

Axis Mutual Fund said it is targeting to collect up to Rs 1,500 crore from a new offering which will help domestic investors take bets in the global markets

UK's Standard Life divests 2% stake in HDFC Life for Rs 1,985 crore

Prior to this, Standard Life had sold 4.95 per cent stake in HDFC Life for Rs 5,750 crore in October 2019, and had offloaded 3.3 per cent stake in the insurance firm in August last year

Economic recovery may be protracted over Covid-19: Head of equity, Axis MF

Fear of contraction has kept demand low, especially across the services sectors like airlines, hotels and events, says Gopani

$8 bn fund manager Axis Mutual Fund adds battered auto stocks to portfolio

The S&P BSE Auto Index has declined 14 per cent so far this year

BS jury picks five best fund managers in the debt and equity category

Given the focus on safety and quality, the task of choosing money managers in the debt category was tougher than that for equity funds

Taking a step back helped beat competition: Fund Manager Shreyash Devalkar

Shreyash Devalkar of Axis Mutual Fund was able to deliver enviable returns by moving away from the herd even as mid- and small-caps struggled

Big investors driving increased flow in mid, small-cap schemes: Axis MF CEO

Poor short-term performance, increase in volatility, and election uncertainty have weighed on equity flows

Axis MF sees 40% mop up from Tier-II, Tier-III cities for new fund

Axis Mutual Fund expects nearly 40 per cent of subscription to its newly launched of Axis Dynamic Fund to come from Tier -II and Tier III cities.The asset management company has set an overall collection target of Rs 1,000-1,500 crore during the new fund offer (NFO) period. The new fund, an open-ended equity scheme, opened on July 11 and will close on July 25."We are betting big on Tier-II and Tier III cities. We expect that 40 per cent of the targeted collection of the NFO will come from beyond the first fifteen cities. The awareness about the mutual fund is on the rise in Tier II and Tier -III cities", Ashwin Patni, head (products and fund manager) of Axis Mutual Fund told media persons here.The power of the products is the ability to manage the exposure on dynamic basis, he added.The asset allocation decision will be reviewed on an on-ongoing basis once in every two months and dynamically linked to movements. The net equity allocation will be between 30 to 100 per cent.The Axis ...

Investors should not worry about short-term market volatility: CEO Axis MF

In the near term, the biggest issue will be how GST implementation pans out

India may be at the start of a new bull market for equities: Chandresh Nigam

Interivew with MD and chief executive officer, Axis Mutual Fund