Axis Mutual Fund started its operations in 2009 with its first equity scheme, Axis Equity Fund.[12]
In April 2012, Schroders, an asset management company, acquired a 25% stake in Axis Mutual Fund.[13][14]
In September 2019, Axis Mutual Fund launched an index fund based on Nifty 100 that is known as Axis Nifty 100 Index fund.[15] On 22 January 2020, the company launched ESG fund.[16]
Controversyedit
Two fund managers of Axis Mutual Fund allegedly shared confidential information about the asset manager’s trades with brokers in Gujarat in return for kickbacks, according to new details discovered by a Securities and Exchange Board of India (SEBI) investigation.[17][18][19]
^Adajania, Kayezad E. (30 April 2012). "Axis mutual fund and its investors go global". Livemint.
^"UK-based Schroders AMC to buy 25% stake in Axis MF". Moneycontrol.
^"Axis MF launches new close-ended equity scheme". Business Standard India. Press Trust of India. 19 November 2013.
^"Axis Mutual Fund launches Axis Nifty 100 Index Fund". The Economic Times. 24 September 2019.
^Borate, Neil (21 January 2020). "Axis MF launches ESG fund with foreign twist". Livemint.
^Upadhyay, Jayshree P. (18 May 2022). "Behind the front-running case at Axis Mutual Fund". mint.
^"Sacked Axis MF fund manager Viresh Joshi sues asset management company". The Economic Times. 23 June 2022.
^Vanamali, Krishna Veera (10 May 2022). "Should recent events at Axis Mutual Fund worry India's retail investors?". Business Standard. Retrieved 19 August 2022.
External linksedit
Official website
December 15, 2023
axis, mutual, fund, indian, asset, management, company, established, year, 2009, headquarters, mumbai, typeprivate, companyindustrymutual, fundfounded2009, years, 2009, headquartersmumbai, indiaarea, servedindiakey, peopleb, gopkumar, shreyas, devalkar, head, . Axis Mutual Fund is an Indian asset management company It was established in the year 2009 and has its headquarters in Mumbai 9 10 Axis Mutual FundTypePrivate companyIndustryMutual FundFounded2009 14 years ago 2009 HeadquartersMumbai IndiaArea servedIndiaKey peopleB Gopkumar MD amp CEO 1 2 Shreyas Devalkar Head of Equity 3 4 ProductsMutual FundRevenue 936 73 crore US 120 million 2022 655 30 crore US 82 million 2021 Operating income 532 03 crore US 67 million 2022 323 02 crore US 40 million 2021 Net income 401 66 crore US 50 million 2022 244 80 crore US 31 million 2021 AUM 260 335 18 crore US 33 billion 5 Total assets 1 234 58 crore US 150 million 2022 851 30 crore US 110 million 2021 Total equity 1 078 95 crore US 140 million 2022 693 31 crore US 87 million 2021 OwnerAxis Bank 75 Schroders 25 Websitewww wbr axismf wbr comFootnotes references 6 7 8 Axis Mutual Fund offers various types of mutual fund schemes to invest in India such as equity funds hybrid funds debt funds and more 11 Contents 1 History 2 Controversy 3 See also 4 References 5 External linksHistory editAxis Mutual Fund started its operations in 2009 with its first equity scheme Axis Equity Fund 12 In April 2012 Schroders an asset management company acquired a 25 stake in Axis Mutual Fund 13 14 In September 2019 Axis Mutual Fund launched an index fund based on Nifty 100 that is known as Axis Nifty 100 Index fund 15 On 22 January 2020 the company launched ESG fund 16 Controversy editTwo fund managers of Axis Mutual Fund allegedly shared confidential information about the asset manager s trades with brokers in Gujarat in return for kickbacks according to new details discovered by a Securities and Exchange Board of India SEBI investigation 17 18 19 See also editMutual funds in India Axis BankReferences edit Axis AMC appoints B Gopkumar as CEO amp MD Economic Times 10 March 2023 Axis Mutual Fund announces top management changes Value Research Online 10 March 2023 Axis MF appoints Shreyas Devalkar as new equity head The Hindu Business Line 4 August 2023 Axis Mutual Fund appoints Shreyas Devalkar as head of equities CNBC TV 18 4 August 2023 Axis Mutual Fund Assets under management May 31 2022 Annual Report 2021 2022 PDF Axis Mutual Fund Retrieved 1 August 2022 Corporate Profile PDF Axis Mutual Fund Axis Mutual Fund Groww Retrieved 14 February 2022 Axis Mutual Fund Axis Mutual Fund Schemes Returns Axis Mutual Fund Latest NAV Axis Mutual Fund Application Form www moneycontrol com We are in a stock picker s market Axis Mutual Fund www fortuneindia com Brochure Axis Mutual Fund PDF Adajania Kayezad E 30 April 2012 Axis mutual fund and its investors go global Livemint UK based Schroders AMC to buy 25 stake in Axis MF Moneycontrol Axis MF launches new close ended equity scheme Business Standard India Press Trust of India 19 November 2013 Axis Mutual Fund launches Axis Nifty 100 Index Fund The Economic Times 24 September 2019 Borate Neil 21 January 2020 Axis MF launches ESG fund with foreign twist Livemint Upadhyay Jayshree P 18 May 2022 Behind the front running case at Axis Mutual Fund mint Sacked Axis MF fund manager Viresh Joshi sues asset management company The Economic Times 23 June 2022 Vanamali Krishna Veera 10 May 2022 Should recent events at Axis Mutual Fund worry India s retail investors Business Standard Retrieved 19 August 2022 External links editOfficial website Retrieved from https en wikipedia org w index php title Axis Mutual Fund amp oldid 1172632112, wikipedia, wiki, book, books, library,
