Axis Mutual Fund

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Axis Mutual Fund
IndustryMutual Fund
Founded2009; 15 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$92 million) (2021)
  • ₹481.44 crore (US$67 million) (2020)
  • Increase ₹323.02 crore (US$45 million) (2021)
  • ₹169.28 crore (US$24 million) (2020)
  • Increase ₹244.80 crore (US$34 million) (2021)
  • ₹116.04 crore (US$16 million) (2020)
AUMIncrease ₹196,548.66 crore (US$28 billion) (As of 31 March 2021)
Total assets
  • Increase ₹851.30 crore (US$120 million) (2021)
  • ₹619.87 crore (US$87 million) (2020)
Total equity
  • Increase ₹693.31 crore (US$97 million) (2021)
  • ₹438.47 crore (US$61 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]

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