{"id":7417,"date":"2017-10-28T11:19:07","date_gmt":"2017-10-28T11:19:07","guid":{"rendered":"http:\/\/faceinews.com\/?p=7417"},"modified":"2017-10-28T11:19:07","modified_gmt":"2017-10-28T11:19:07","slug":"axis-mutual-fund-to-launch-axis-multicap-fund","status":"publish","type":"post","link":"https:\/\/www.faceinews.com\/?p=7417","title":{"rendered":"Axis Mutual Fund to launch Axis Multicap Fund"},"content":{"rendered":"<p><strong><a href=\"http:\/\/faceinews.com\/wp-content\/uploads\/2017\/10\/axis.jpg\" rel=\"attachment wp-att-7418\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-7418 size-full\" src=\"http:\/\/faceinews.com\/wp-content\/uploads\/2017\/10\/axis.jpg\" alt=\"axis\" width=\"372\" height=\"135\" srcset=\"https:\/\/www.faceinews.com\/wp-content\/uploads\/2017\/10\/axis.jpg 372w, https:\/\/www.faceinews.com\/wp-content\/uploads\/2017\/10\/axis-300x109.jpg 300w\" sizes=\"auto, (max-width: 372px) 100vw, 372px\" \/><\/a><\/strong><\/p>\n<p><a href=\"http:\/\/faceinews.com\/wp-content\/uploads\/2017\/09\/Faceinews-Logo-Copy.png\" rel=\"attachment wp-att-7119\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-7119\" src=\"http:\/\/faceinews.com\/wp-content\/uploads\/2017\/09\/Faceinews-Logo-Copy.png\" alt=\"Faceinews Logo - Copy\" width=\"173\" height=\"43\" \/><\/a><\/p>\n<p><strong>(An Open-ended Equity Scheme investing across large cap, mid cap, small cap stocks)<\/strong><br \/>\n&#8211;<strong>NFO Opens:\u00a0<span data-term=\"goog_128973252\">October 30, 2017<\/span>; NFO Closes:\u00a0<span data-term=\"goog_128973253\">November 13, 2017<\/span><\/strong><\/p>\n<p>&nbsp;<\/p>\n<p><strong>Mumbai \/ Chennai, Oct 25, 2017:<\/strong>Axis Mutual Fund, one of the premier asset management companies in India, today announced the launch of Axis Multicap Fund, an open-ended equity scheme that would invest in a diversified portfolio of stocks from across the market-cap spectrum.<\/p>\n<p>&nbsp;<\/p>\n<p>Axis equity investment philosophy is biased towards quality and growth. The focus is on looking for high conviction ideas that have the potential of generating sustainable growth in the medium to long term.<\/p>\n<p>&nbsp;<\/p>\n<p>Within the overall investment process, Axis Multicap Fund distinguishes itself by aiming to identify companies that are at their inflection points \u2013 in the midst of circumstances that have the potential to substantially improve the growth trajectory of the company. This can happen for various reasons like:<\/p>\n<ul>\n<li>Market Share Gain due to Competitive Advantage<\/li>\n<li>Industry Consolidation<\/li>\n<li>Sunrise Industry<\/li>\n<li>Improved management focus &amp; Capital Allocation<\/li>\n<li>Regulatory &amp; Policy Changes<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p>Speaking on the launch of Axis Multicap Fund,\u00a0<strong>Mr Chandresh Kumar Nigam, MD &amp; CEO, Axis Asset Management Company Ltd.\u00a0<\/strong>said, \u201cWe are happy to offer Axis Multicap Fund now, as the fund would offer a diversified portfolio that can cater to all equity investors \u2013 whether first time or sophisticated. Over long term, it has been seen that\u00a0multicap funds tend to outperform large capsover a market cycle while having a comparable risk profile. From an investor\u2019s perspective, being consistently good rather than occasionally great\u00a0has the potential to create long term wealth. We believe that this fund is suitable for all class of investors to help them participate in wealth creation and compounding potential of equity over the long term\u201d<\/p>\n<p>&nbsp;<\/p>\n<p><strong>Features at a glance of Axis Multicap Fund:<\/strong><\/p>\n<p>Minimum Amount: INR 5,000 and in multiples of INR 1\/- thereafter<\/p>\n<p>Minimum SIP Amount for monthly SIP: INR 1000 and in multiples of INR 1\/- thereafter<\/p>\n<p>Plans\/Options: Growth, Dividend (Payout\/Reinvestment)<\/p>\n<p>Benchmark: S&amp;P BSE 200 Index<\/p>\n<p>Fund Manager: MrJinesh Gopani&amp;MrShreyashDevalkar<\/p>\n<p>Exit Load: 1% if Units are redeemed \/ switched-out within 12 months from the date ofallotment.<\/p>\n<p><strong>\u00a0<\/strong><\/p>\n<p><strong>About Axis Mutual Fund:<\/strong><\/p>\n<p>Axis AMC has completed eight years of operations and within this short span has over 22 lakh active investor folios. It currently has a well-rounded product suite of schemes across asset classes and a presence across the country. Axis AMC is a joint venture between Axis Bank, India\u2019s third largest private sector bank and Schroder\u2019s \u2010 one of the largest global asset managers.<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>For more information, please visit\u00a0<a href=\"http:\/\/www.axismf.com\/\" data-saferedirecturl=\"https:\/\/www.google.com\/url?hl=en&amp;q=http:\/\/www.axismf.com&amp;source=gmail&amp;ust=1509274873389000&amp;usg=AFQjCNFzKklMxRtn6T6APnRQ7cF0c-5uUg\">www.axismf.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(An Open-ended Equity Scheme investing across large cap, mid cap, small cap stocks) &#8211;NFO Opens:\u00a0October 30, 2017; NFO Closes:\u00a0November 13, 2017 &nbsp; Mumbai \/ Chennai, Oct 25, 2017:Axis Mutual Fund, one of the premier asset management companies in India, today announced the launch of Axis Multicap Fund, an open-ended equity scheme that would invest in [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":7418,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[30],"tags":[],"class_list":["post-7417","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance"],"_links":{"self":[{"href":"https:\/\/www.faceinews.com\/index.php?rest_route=\/wp\/v2\/posts\/7417","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.faceinews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.faceinews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.faceinews.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.faceinews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=7417"}],"version-history":[{"count":1,"href":"https:\/\/www.faceinews.com\/index.php?rest_route=\/wp\/v2\/posts\/7417\/revisions"}],"predecessor-version":[{"id":7419,"href":"https:\/\/www.faceinews.com\/index.php?rest_route=\/wp\/v2\/posts\/7417\/revisions\/7419"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.faceinews.com\/index.php?rest_route=\/wp\/v2\/media\/7418"}],"wp:attachment":[{"href":"https:\/\/www.faceinews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=7417"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.faceinews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=7417"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.faceinews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=7417"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}