Jump to content

Axis Mutual Fund

From Wikipedia, the free encyclopedia

This is an old revision of this page, as edited by Star Mississippi (talk | contribs) at 01:42, 22 March 2022 (Removing link(s) Wikipedia:Articles for deletion/Groww (2nd nomination) closed as delete (XFDcloser)). The present address (URL) is a permanent link to this revision, which may differ significantly from the current revision.

Axis Mutual Fund
Company typePrivate company
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$79 million) (2021)
  • 481.44 crore (US$58 million) (2020)
  • Increase 323.02 crore (US$39 million) (2021)
  • 169.28 crore (US$20 million) (2020)
  • Increase 244.80 crore (US$29 million) (2021)
  • 116.04 crore (US$14 million) (2020)
AUMIncrease 196,548.66 crore (US$24 billion) (As of 31 March 2021)
Total assets
  • Increase 851.30 crore (US$100 million) (2021)
  • 619.87 crore (US$74 million) (2020)
Total equity
  • Increase 693.31 crore (US$83 million) (2021)
  • 438.47 crore (US$53 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

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

References

  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. ^ https://www.axismf.com/axisdownload/acumen_brochures/20190410003-Corporate-Booklet%20LR.pdf amc/axis-mutual-funds
  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.