News

Equity & Debt market outlooks by Axis Mutual Fund Equity market: India is currently witnessing the confluence of the best macro and micro tailwinds with ~8% GDP growth, moderating inflation, easing 10-year G-sec yield, stable currency, and resilient corporate earnings so far Nifty is trading at a 12-month forward P/E ratio of 21.6x, which is in line with its long-period average even as broader markets trade at expensive valuations The capex cycle is already turning around, and government related infrastructure spending should get a...
Equity & Debt market outlooks by Axis Mutual Fund
Equity & Debt market outlooks by Axis Mutual Fund
Source: Axis Mutual Fund
2024-10-23 01:58:28 pm
Axis MF introduces Consumption Fund Axis Mutual Fund has launched Axis Consumption Fund, an open-ended equity scheme following consumption theme. The NFO opens for subscription on August 23, 2024 and closes on September 06, 2024. The Entry Load is not applicable for the scheme. The Exit Load will be nil - For 10% of investments if redeemed / switched-out within 12 months from the date of allotment and 1% - For remaining investments if redeemed / switched-out within 12 months from the date of allotment. There will be no exit loa...
Axis MF introduces Consumption Fund
Axis MF introduces Consumption Fund
Source: Accord Fintech
2024-08-23 02:19:24 pm
Axis Mutual Fund files offer document for Nifty 500 value 50 Index Fund Axis Mutual Fund has filed offer document with SEBI to launch an open ended Index Fund named ‘Axis Nifty 500 value 50 Index Fund'. The New Fund Offer price is Rs 10. Entry load will be nil and exit load for If redeemed/ switched out within 15 days from the date of allotment will be 0.25%; If redeemed/ switched out after 15 days from the date of allotment will be Nil. The Scheme offers Growth Option only for investment and seeks to collect a Minimum Target Amount of Rs 5 crore. Th...
Axis Mutual Fund files offer document for Nifty 500 value 50 Index Fund
Axis Mutual Fund files offer document for Nifty 500 value 50 Index Fund
Source: Accord Fintech
2024-08-14 02:30:14 pm
Axis MF introduces Nifty Bank Index Fund Axis Mutual Fund (MF) has launched Axis Nifty Bank Index Fund, an open-ended Index fund tracking the Nifty Bank TRI. The NFO opens for subscription on May 03, 2024 and closes on May 17, 2024. The Entry load is not applicable for the scheme. The Exit load will be 0.25% - if redeemed/ switched out within 7 days from the date of allotment/ Investment and nil -if redeemed/ switched out after 7 days from the date of allotment/ Investment. The minimum subscription amount is Rs 500 and in multiples ...
Axis MF introduces Nifty Bank Index Fund
Axis MF introduces Nifty Bank Index Fund
Source: Accord Fintech
2024-05-03 03:17:59 pm
Axis Bank rises as its arm partners with Enparadigm Axis Bank is currently trading at Rs. 1074.80, up by 16.60 points or 1.57% from its previous closing of Rs. 1058.20 on the BSE. The scrip opened at Rs. 1067.00 and has touched a high and low of Rs. 1075.95 and Rs. 1063.20 respectively. So far 259441 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1151.50 on 05-Dec-2023 and a 52 week low of Rs. 844.05 on 10-Apr-2023. Last one week high and low of the scrip stood ...
Axis Bank rises as its arm partners with Enparadigm
Axis Bank rises as its arm partners with Enparadigm
Source: Accord Fintech
2024-04-08 12:39:19 pm
India`s mutual funds to keep buying state bonds as yields to come off, fund managers say  Indian mutual funds are likely to continue swapping the central government debt on their books with high-yielding state government bonds after active purchases over the last few days, four fund managers said on Thursday. "Mutual funds likely sold 10-year government bond and got into state debt, as yield spread of around 40 basis points is still decent," said Avnish Jain, head of fixed income at Canara Robeco Asset Management. Jain expects mutual funds to continue with th...
India`s mutual funds to keep buying state bonds as yields to come off, fund managers say
India`s mutual funds to keep buying state bonds as yields to come off, fund managers say
Source: Reuters
2024-03-28 04:29:47 pm
Axis Mutual Fund introduces CRISIL IBX SDL June 2034 Debt Index Fund Axis Mutual Fund (MF) has launched Axis CRISIL IBX SDL June 2034 Debt Index Fund, an open-ended Target Maturity index fund investing in constituents of CRISIL IBX SDL Index - June 2034 with a Relatively High Interest Rate Risk and Relatively Low Credit Risk. The NFO opens for subscription on March 04, 2024 and closes on March 12, 2024. The Entry load and Exit load is not applicable for the scheme. The minimum subscription amount is Rs 5,000 and in multiples of Re 1 thereafter. The performa...
Axis Mutual Fund introduces CRISIL IBX SDL June 2034 Debt Index Fund
Axis Mutual Fund introduces CRISIL IBX SDL June 2034 Debt Index Fund
Source: Accord Fintech
2024-03-04 04:57:25 pm
Axis Mutual Fund files offers document for Fixed Term Plan - Series 123-126 Axis Mutual Fund has filed offer document with SEBI to launch a close ended debt scheme named ‘Axis Fixed Term Plan - Series 123-126 ‘. The offer rate is Rs 10 per unit. Exit load and Exit load will be nil. The Scheme offers Growth Option and Income Distribution Cum Capital Withdrawal Option for investment and minimum target subscription amount for the Scheme to be raised is Rs 20 crore.   The performance of the scheme for Schemes having  a  maturity  of ...
Axis Mutual Fund files offers document for Fixed Term Plan - Series 123-126
Axis Mutual Fund files offers document for Fixed Term Plan - Series 123-126
Source: Accord Fintech
2024-02-05 02:34:06 pm
Axis MF introduces FTP - Series 120 (91 Days) Axis Mutual Fund (MF) has launched Axis Fixed Term Plan (FTP) - Series 120 (91 Days), a Close ended debt scheme with Moderate Interest Rate Risk and Moderate Credit Risk. The NFO opens for subscription on January 18, 2024 and closes on January 23, 2024. The Entry load and Exit load is not applicable for the scheme. The minimum subscription amount is Rs 5,000 and in multiples of Rs 10 thereafter. The performance of the scheme will be benchmarked against CRISIL Liquid Debt Index and its fund...
Axis MF introduces FTP - Series 120 (91 Days)
Axis MF introduces FTP - Series 120 (91 Days)
Source: Accord Fintech
2024-01-18 01:45:40 pm
Axis MF introduces FTP - Series 119 (71 Days) Axis Mutual Fund (MF) has launched Axis Fixed Term Plan (FTP) - Series 119 (71 Days), a Close ended debt scheme with Moderate Interest Rate Risk and Moderate Credit Risk. The NFO opens for subscription on January 03, 2024 and closes on January 09, 2024. The Entry load and Exit load is not applicable for the scheme. The minimum subscription amount is Rs 5,000 and in multiples of Re 10 thereafter. The performance of the scheme will be benchmarked against CRISIL Liquid Debt Index and its fund...
Axis MF introduces FTP - Series 119 (71 Days)
Axis MF introduces FTP - Series 119 (71 Days)
Source: Accord Fintech
2024-01-03 10:35:57 am
Axis AMC - Annual Outlook on Equities - 2024 - A Promising Year For India by Ashish Gupta - CIO & Shreyash Devalkar - Head Equity, Axis Mutual Fund Below the Quote on Annual Outlook on Equities - 2024 by Ashish Gupta - CIO & Shreyash Devalkar - Head Equity, Axis Mutual Fund   The media note highlights India's resilient economic performance in 2023, surpassing $4 trillion. It discusses global economic trends, India's positive developments, and the outperformance of Indian equities. The report touches on inflation, central bank responses, and corporate earnings. It concludes with a brief quantitative analysis of...
Axis AMC - Annual Outlook on Equities - 2024 - A Promising Year For India by Ashish Gupta - CIO & Shreyash Devalkar - Head Equity, Axis Mutual Fund
Axis AMC - Annual Outlook on Equities - 2024 - A Promising Year For India by Ashish Gupta - CIO & Shreyash Devalkar - Head Equity, Axis Mutual Fund
Source: Axis Mutual Fund
2023-12-28 03:21:41 pm
Axis Mutual Fund garners over INR 3,400 Crores in the Axis India Manufacturing Fund, in one of the highest fund-raise for a Thematic Fund Axis Mutual Fund, one among the fastest growing fund houses in India, is excited to announce that it has garnered over INR 3,400 crores in the Axis India Manufacturing Fund, one of the highest funds raises ever in a thematic fund this year. This NFO, from 1st Dec to 15th Dec 2023, received robust participation from diverse investor segments from over 500 locations in India and garnered close to one lakh fifty thousand applications. Further, fresh inflows accounted for nearly 70% of the applic...
Axis Mutual Fund garners over INR 3,400 Crores in the Axis India Manufacturing Fund, in one of the highest fund-raise for a Thematic Fund
Axis Mutual Fund garners over INR 3,400 Crores in the Axis India Manufacturing Fund, in one of the highest fund-raise for a Thematic Fund
Source: PR Agency
2023-12-23 09:30:33 am
Axis Mutual Fund files offers document for S&P BSE Sensex Index Fund Axis Mutual Fund has filed offer document with SEBI to launch open-ended index fund named ‘Axis S&P BSE Sensex Index Fund ‘. The offer rate is Rs 10 per unit during New Fund Offer and continuous offer for units at NAV based prices. Entry load and Exit Load will be nil. The Scheme offers Growth Option and Income Distribution Cum Capital Withdrawal Option for investment and minimum target subscription amount for the Scheme to be raised is Rs 5 crore.   The performance...
Axis Mutual Fund files offers document for S&P BSE Sensex Index Fund
Axis Mutual Fund files offers document for S&P BSE Sensex Index Fund
Source: Accord Fintech
2023-12-20 01:49:09 pm
Axis MF introduces US Treasury Dynamic Bond ETF Fund of Fund Axis Mutual Fund (MF) has launched Axis US Treasury Dynamic Bond ETF Fund of Fund, an open-ended fund of fund investing in ETFs wherein the underlying investments comprise of US treasury securities across duration. The NFO opens for subscription on December 12, 2023 and closes on December 19, 2023. The Entry load is not applicable for the scheme. An Exit Load of 0.25% - if redeemed / switched-out within 1 month from the date of allotment and nil - if redeemed/switched-out after 1 month from t...
Axis MF introduces US Treasury Dynamic Bond ETF Fund of Fund
Axis MF introduces US Treasury Dynamic Bond ETF Fund of Fund
Source: Accord Fintech
2023-12-12 01:40:20 pm
Axis Mutual Fund launches 'Axis US Treasury Dynamic Bond ETF Fund of Fund' Mumbai: Axis Mutual Fund, one among the fastest growing fund houses in India announces the launch of its latest fund offering, the 'Axis US Treasury Dynamic Bond ETF Fund of Fund'. Benchmarked against the Bloomberg US Intermediate Treasury TRI, the primary investment objective of the scheme is to provide regular income by investing in units of overseas ETFs where the investment mandate is to invest in US treasury securities across duration. However, there can be no assu...
Axis Mutual Fund launches 'Axis US Treasury Dynamic Bond ETF Fund of Fund'
Axis Mutual Fund launches 'Axis US Treasury Dynamic Bond ETF Fund of Fund'
Source: Axis Mutual Fund
2023-12-08 05:41:46 pm
Axis MF introduces US Treasury Dynamic Bond ETF Fund of Fund Axis Mutual Fund (MF) has launched Axis US Treasury Dynamic Bond ETF Fund of Fund, an open-ended fund of fund investing in ETFs wherein the underlying investments comprise of US treasury securities across duration. The NFO opens for subscription on December 05, 2023 and closes on December 11, 2023. The Entry load is not applicable for the scheme. An Exit Load of 0.5% - if redeemed / switched-out within 1 month from the date of allotment and nil - if redeemed/switched-out after 1 month from th...
Axis MF introduces US Treasury Dynamic Bond ETF Fund of Fund
Axis MF introduces US Treasury Dynamic Bond ETF Fund of Fund
Source: Accord Fintech
2023-12-05 03:06:28 pm
Axis MF introduces FTP - Series 118 Axis Mutual Fund (MF) has launched Axis Fixed Term Plan (FTP) - Series 118 (100 Days), a Close ended debt scheme with Moderate Interest Rate Risk and Moderate Credit Risk. The NFO opens for subscription on November 28, 2023 and closes on December 04, 2023. The Entry load and Exit load is not applicable for the scheme. The minimum subscription amount is Rs 5,000 and in multiples of Rs 10 thereafter. The performance of the scheme will be benchmarked against CRISIL Ultra Short -Term Debt Inde...
Axis MF introduces FTP - Series 118
Axis MF introduces FTP - Series 118
Source: Accord Fintech
2023-11-28 04:05:59 pm
Axis Mutual Fund unveils results of Investor Survey on `Risk Comprehension` in India Axis Mutual Fund, one among the fastest growing mutual fund houses in India, conducted an?investor survey to ascertain ?Risk Comprehension??amongst Indian investors. The survey received responses from over 1700 Axis MF investors from across the country. The objective of the survey was to receive insights on investors? attitude and understanding of risks in mutual fund investing.Commenting on the inferences drawn from the survey,?B. Gopkumar, MD & CEO, Axis AMC?said, ?The mutual fund industry ...
Axis Mutual Fund unveils results of Investor Survey on `Risk Comprehension` in India
Axis Mutual Fund unveils results of Investor Survey on `Risk Comprehension` in India
Source: PR Agency
2023-09-25 03:07:56 pm
Axis Mutual Fund files offers document for India Manufacturing Fund Axis Mutual Fund has filed offer document with SEBI to launch an open-ended equity scheme named ?Axis India Manufacturing Fund?. The New Fund Offer price for Rs 10. Entry load will be nil and exit load If redeemed / switched-out within 12 months from the date of allotment -For 10% of investment will be Nil; exit load for remaining investment will be 1%; If redeemed/switched out after 12 months from the date of allotment it will be Nil. The Scheme growth and dividend options for investment and...
Axis Mutual Fund files offers document for India Manufacturing Fund
Axis Mutual Fund files offers document for India Manufacturing Fund
Source: Accord Fintech
2023-09-15 03:58:24pm