Connect with Us
Moneylife - Facebook Moneylife - Twitter Moneylife - Linkedin Moneylife - Youtube Moneylife Rss feed
close

Moneylife » Investing » Mutual Funds » Axis AMC launches 'Axis Focused 25 Fund'

Axis AMC launches 'Axis Focused 25 Fund'

    • 0 Comments, Be the first to comment
  • + COMMENT

MDT/PTI | 19/06/2012 12:48 PM | 

The equity fund scheme will be opened for subscription till 25 June 2012 and people can invest through monthly instalments of Rs1,000 or a one-time investment of Rs5,000

 

Mumbai: Axis Asset Management Company today launched the 'Axis Focused 25 Fund' that will focus on select 25 best companies with a majority of these being drawn from the top 200 domestic companies, reports PTI.

The equity fund offer will be opened for subscription till 25 June 2012 and people can invest through monthly instalments of Rs1,000 or a one-time investment of Rs5,000, the company said.

“The key feature of the fund is that we will attempt to nurture these companies over their business cycle without being unduly concerned by short term market volatility. It is thus ideal for patient and long term equity investors with an investment time horizon of more than five years,” managing director and CEO of Axis AMC, Rajiv Anand said.

The new scheme, which is based on the premises that quality companies tend to maintain their growth trajectory despite downturn will have strict internal risk management limits for the Axis Focused 25 Fund to ensure that the portfolio is well-diversified across sectors and is not illiquid.

Axis AMC is a wholly owned subsidiary of Axis Bank and manages assets of over Rs9,000 crore in over 410,000 investor accounts.


Post Comment

More in Moneylife

Helios and Matheson, V Ramachandran, GK Muralikrishna, Diwakar Sai Yerra, depositors, fixed deposits, Economic Offences Wing, Tamil Nadu police, R Venkatavardhan, H & M.

Former chairman of Helios and Matheson among three top executives arrested +5646 views

TODAY'S TOP STORIES

Post your Comment


Alert me when new comment is posted on this article
 Please read our Moderation Policy and Terms of Use before posting


VIDEOS

Moneylife Foundation: Maharashtra CM Fadnavis says financial literacy empowers citizens

LATEST COMMENT

lol... gurupreet

MORE

Top Equity Schemes for a Downmarket Jason Monteiro

Over 90% of equity mutual fund schemes have an allocation of above 90% to equity Jason Monteiro

Be the first to comment
Daily Newsletter

1,00,000 Readers

Follow Moneylife
DNL facebook icon DNL linked in icon DNL twitter icon DNL youtube icon DNL rss icon

Grab a Discount Coupon here



Moneylife Magazine

What's your say?

Net Neutrality: Will the Modi govt act to save internet in India?
Yes
No
Can't Say
 
Enter Code : secure code
    change code
VOTE

What you said

Will the MUDRA Bank help resolve financial inclusion dilemmas in the rural areas?

Thanks for casting your votes! View Previous Polls

Join Over 100,000 Awesome Readers

  1. News that Mainstream media does not always cover
  2. Views that are bold and unbiased
  3. Reports that focus on your interests as consumer, investor & citizen