Axis Mutual Fund: Difference between revisions

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{{Use dmy dates|date=June 2022}}
{{Use Indian English|date=June 2022}}
{{Infobox company
{{Infobox company
| name = Axis Mutual Fund
| name = Axis Mutual Fund
| logo =  
| logo = Axis AMC Logo.png
| type = [[Private company]]
| type = [[Private company]]
| foundation = 2009
| foundation = {{Start date and age|2009}}
| location = [[Mumbai]], [[India]]
| location = [[Mumbai]], [[India]]
| key_people = Chandresh Kumar Nigam (MD & CEO)<ref>{{cite web |last1=India |first1=Press Trust of |title=Axis MF appoints Chandresh Nigam as MD & Chief Executive |url=https://www.business-standard.com/article/companies/axis-mf-appoints-chandresh-nigam-as-md-chief-executive-113042900594_1.html |website=Business Standard India |date=29 April 2013}}</ref><br />
| key_people = Chandresh Kumar Nigam {{small|(MD & [[CEO]])}}<ref>{{cite web |agency=Press Trust of India |title=Axis MF appoints Chandresh Nigam as MD & Chief Executive |url=https://www.business-standard.com/article/companies/axis-mf-appoints-chandresh-nigam-as-md-chief-executive-113042900594_1.html |website=Business Standard India |date=29 April 2013}}</ref><br />
Jignesh Gopani (Head of Equity)
Jignesh Gopani {{small|(Head of Equity)}}
| industry = [[Mutual Fund]]
| industry = [[Mutual Fund]]
| area_served = India
| area_served = India
| products = [[Mutual Fund]]
| products = [[Mutual Fund]]
| aum =  
| revenue = {{Unbulleted list|class=nowrap|{{Increase}} {{INRConvert|655.30|c}} (2021)|{{INRConvert|481.44|c}} (2020)}}
| num_employees =  
| operating_income = {{Unbulleted list|class=nowrap|{{Increase}} {{INRConvert|323.02|c}} (2021)|{{INRConvert|169.28|c}} (2020)}}
| net_income = {{Unbulleted list|class=nowrap|{{Increase}} {{INRConvert|244.80|c}} (2021)|{{INRConvert|116.04|c}} (2020)}}
| aum = {{up}} {{INRConvert|196548.66|c}} (As of 31 March 2021)
| assets = {{Unbulleted list|class=nowrap|{{Increase}} {{INRConvert|851.30|c}} (2021)|{{INRConvert|619.87|c}} (2020)}}
| equity = {{Unbulleted list|class=nowrap|{{Increase}} {{INRConvert|693.31|c}} (2021)|{{INRConvert|438.47|c}} (2020)}}
| owner = {{Unbulleted list|[[Axis Bank]] (75%)|[[Schroders]] (25%)}}
| homepage = {{url|https://www.axismf.com/}}
| homepage = {{url|https://www.axismf.com/}}
| footnotes = <ref>{{Cite web|title=Annual Report 2020-2021|url=https://www.axismf.com/cms/sites/default/files/Statutory/Axis%20Asset%20Management%20Company%20Limited-Annual%20Report%20F.Y.%202020-2021.pdf|access-date=15 February 2022|website=[[Axis Mutual Fund]]}}</ref><ref>{{Cite web|title=Corporate Profile|url=https://www.axismf.com/cms/sites/default/files/pdf-factsheets/Corporate%20PPT%20as%20on%20Sept%202021.pdf|website=[[Axis Mutual Fund]]}}</ref><ref>{{Cite web|title=Axis Mutual Fund|url=https://groww.in/mutual-funds/amc/axis-mutual-funds|access-date=14 February 2022|website=Groww}}</ref>
}}
}}


'''Axis Mutual Fund''' is an [[asset management company]] in India. It was established in 2009 and is headquartered in Mumbai.<ref>{{cite web |title=Axis Mutual Fund: Axis Mutual Fund Schemes/Returns, Axis Mutual Fund Latest NAV, Axis Mutual Fund Application Form |url=https://www.moneycontrol.com/mutual-funds/amc-details/AA |website=www.moneycontrol.com}}</ref><ref>{{cite web |title=We are in a stock picker’s market: Axis Mutual Fund |url=https://www.fortuneindia.com/investing/we-are-in-a-stock-pickers-market-axis-mutual-fund/103851 |website=www.fortuneindia.com |language=en}}</ref>
'''Axis Mutual Fund''' is an [[asset management company]] in India. It was established in the year 2009 and has its headquarter in [[Mumbai]].<ref>{{cite web |title=Axis Mutual Fund: Axis Mutual Fund Schemes/Returns, Axis Mutual Fund Latest NAV, Axis Mutual Fund Application Form |url=https://www.moneycontrol.com/mutual-funds/amc-details/AA |website=www.moneycontrol.com}}</ref><ref>{{cite web |title=We are in a stock picker’s market: Axis Mutual Fund |url=https://www.fortuneindia.com/investing/we-are-in-a-stock-pickers-market-axis-mutual-fund/103851 |website=www.fortuneindia.com |language=en}}</ref>


Axis Mutual Fund offers various types of [[mutual fund]] schemes to invest in India, such as [[equity fund]]s, hybrid funds, debt funds, and more.<ref>https://www.axismf.com/axisdownload/acumen_brochures/20190410003-Corporate-Booklet%20LR.pdf amc/axis-mutual-funds</ref>
Axis Mutual Fund offers various types of [[mutual fund]] schemes to invest in India, such as [[equity fund]]s, hybrid funds, debt funds, and more.<ref>{{cite web|url=https://www.axismf.com/axisdownload/acumen_brochures/20190410003-Corporate-Booklet%20LR.pdf |title=Brochure: Axis Mutual Fund}}</ref>


==History==
==History==
Axis Mutual Fund started its operations in 2009 with its first equity scheme, Axis Equity Fund.<ref>{{cite web |last1=Adajania |first1=Kayezad E. |title=Axis mutual fund and its investors go global |url=https://www.livemint.com/Money/9LDQau1tIshdXD7cn5PumK/Axis-mutual-fund-and-its-investors-go-global.html |website=Livemint |language=en |date=30 April 2012}}</ref>
Axis Mutual Fund started its operations in 2009 with its first equity scheme, Axis Equity Fund.<ref>{{cite web |last1=Adajania |first1=Kayezad E. |title=Axis mutual fund and its investors go global |url=https://www.livemint.com/Money/9LDQau1tIshdXD7cn5PumK/Axis-mutual-fund-and-its-investors-go-global.html |website=Livemint |language=en |date=30 April 2012}}</ref>


In April 2012, [[Schroders]], an asset management company, acquired a 25% stake in Axis Mutual Fund.<ref>{{cite web |title=UK-based Schroders AMC to buy 25% stake in Axis MF |url=https://www.moneycontrol.com/news/business/mutual-funds/-1947151.html |website=Moneycontrol}}</ref><ref>{{cite web |last1=India |first1=Press Trust of |title=Axis MF launches new close-ended equity scheme |url=https://www.business-standard.com/article/markets/axis-mf-launches-new-close-ended-equity-scheme-113111900875_1.html |website=Business Standard India |date=19 November 2013}}</ref>
In April 2012, [[Schroders]], an asset management company, acquired a 25% stake in Axis Mutual Fund.<ref>{{cite web |title=UK-based Schroders AMC to buy 25% stake in Axis MF |url=https://www.moneycontrol.com/news/business/mutual-funds/-1947151.html |website=Moneycontrol}}</ref><ref>{{cite web |agency=Press Trust of India |title=Axis MF launches new close-ended equity scheme |url=https://www.business-standard.com/article/markets/axis-mf-launches-new-close-ended-equity-scheme-113111900875_1.html |website=Business Standard India |date=19 November 2013}}</ref>


In September 2019, Axis Mutual Fund launched an index fund based on Nifty 100 that is known as Axis Nifty 100 Index fund.<ref>{{cite web |title=Axis Mutual Fund launches Axis Nifty 100 Index Fund |url=https://economictimes.indiatimes.com/mf/mf-news/axis-mutual-fund-launches-axis-nifty-100-index-fund/articleshow/71274275.cms |website=The Economic Times |date=24 September 2019}}</ref> On 22 January, 2020, the company launched ESG fund.<ref>{{cite web |last1=Borate |first1=Neil |title=Axis MF launches ESG fund with foreign twist |url=https://www.livemint.com/mutual-fund/mf-news/axis-mf-launches-esg-fund-with-foreign-twist-11579579127190.html |website=Livemint |language=en |date=21 January 2020}}</ref>
In September 2019, Axis Mutual Fund launched an index fund based on Nifty 100 that is known as Axis Nifty 100 [[Index fund]].<ref>{{cite web |title=Axis Mutual Fund launches Axis Nifty 100 Index Fund |url=https://economictimes.indiatimes.com/mf/mf-news/axis-mutual-fund-launches-axis-nifty-100-index-fund/articleshow/71274275.cms |website=The Economic Times |date=24 September 2019}}</ref> On 22 January 2020, the company launched ESG fund.<ref>{{cite web |last1=Borate |first1=Neil |title=Axis MF launches ESG fund with foreign twist |url=https://www.livemint.com/mutual-fund/mf-news/axis-mf-launches-esg-fund-with-foreign-twist-11579579127190.html |website=Livemint |language=en |date=21 January 2020}}</ref>


==See also==
==See also==
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{{Investment management}}
{{Investment management}}
[[Category:Financial services companies based in Mumbai]]
[[Category:Financial services companies based in Mumbai]]
[[Category:Mutual funds of India]]
[[Category:Mutual funds of India]]

Latest revision as of 05:15, 16 June 2022

Axis Mutual Fund
IndustryMutual Fund
Founded2009; 16 years ago (2009)
HeadquartersMumbai, India
Area served
India
Key people
Chandresh Kumar Nigam (MD & CEO)[1]
Jignesh Gopani (Head of Equity)
ProductsMutual Fund
Revenue
  • Increase ₹655.30 crore (US$75 million) (2021)
  • ₹481.44 crore (US$55 million) (2020)
  • Increase ₹323.02 crore (US$37 million) (2021)
  • ₹169.28 crore (US$19 million) (2020)
  • Increase ₹244.80 crore (US$28 million) (2021)
  • ₹116.04 crore (US$13 million) (2020)
AUMIncrease ₹196,548.66 crore (US$23 billion) (As of 31 March 2021)
Total assets
  • Increase ₹851.30 crore (US$98 million) (2021)
  • ₹619.87 crore (US$71 million) (2020)
Total equity
  • Increase ₹693.31 crore (US$80 million) (2021)
  • ₹438.47 crore (US$50 million) (2020)
Owner
Websitewww.axismf.com
Footnotes / references
[2][3][4]

Axis Mutual Fund is an asset management company in India. It was established in the year 2009 and has its headquarter in Mumbai.[5][6]

Axis Mutual Fund offers various types of mutual fund schemes to invest in India, such as equity funds, hybrid funds, debt funds, and more.[7]

History[edit]

Axis Mutual Fund started its operations in 2009 with its first equity scheme, Axis Equity Fund.[8]

In April 2012, Schroders, an asset management company, acquired a 25% stake in Axis Mutual Fund.[9][10]

In September 2019, Axis Mutual Fund launched an index fund based on Nifty 100 that is known as Axis Nifty 100 Index fund.[11] On 22 January 2020, the company launched ESG fund.[12]

See also[edit]

References[edit]

  1. ↑ "Axis MF appoints Chandresh Nigam as MD & Chief Executive". Business Standard India. Press Trust of India. 29 April 2013.
  2. ↑ "Annual Report 2020-2021" (PDF). Axis Mutual Fund. Retrieved 15 February 2022.
  3. ↑ "Corporate Profile" (PDF). Axis Mutual Fund.
  4. ↑ "Axis Mutual Fund". Groww. Retrieved 14 February 2022.
  5. ↑ "Axis Mutual Fund: Axis Mutual Fund Schemes/Returns, Axis Mutual Fund Latest NAV, Axis Mutual Fund Application Form". www.moneycontrol.com.
  6. ↑ "We are in a stock picker's market: Axis Mutual Fund". www.fortuneindia.com.
  7. ↑ "Brochure: Axis Mutual Fund" (PDF).
  8. ↑ Adajania, Kayezad E. (30 April 2012). "Axis mutual fund and its investors go global". Livemint.
  9. ↑ "UK-based Schroders AMC to buy 25% stake in Axis MF". Moneycontrol.
  10. ↑ "Axis MF launches new close-ended equity scheme". Business Standard India. Press Trust of India. 19 November 2013.
  11. ↑ "Axis Mutual Fund launches Axis Nifty 100 Index Fund". The Economic Times. 24 September 2019.
  12. ↑ Borate, Neil (21 January 2020). "Axis MF launches ESG fund with foreign twist". Livemint.

External links[edit]

Template:Investment management

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