Page 3 - Axis Mutual Fund

$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