4-539: Axis Mutual Fund is an Indian asset management company . It was established in the year 2009 and has its headquarters in Mumbai . Axis Mutual Fund offers various types of mutual fund schemes to invest in India, such as equity funds , hybrid funds, debt funds, and more. Axis Mutual Fund started its operations in 2009 with its first equity scheme, Axis Equity Fund. In April 2012, Schroders , an asset management company, acquired
8-446: A Securities and Exchange Board of India (SEBI) investigation. Asset management company An asset management company ( AMC ) is an asset management / investment management company/firm that invests the pooled funds of retail investors in securities in line with the stated investment objectives. For a fee, the company/firm provides more diversification , liquidity , and professional management consulting service than
12-521: A 25% stake in Axis Mutual Fund. In September 2019, Axis Mutual Fund launched an index fund based on Nifty 100 that is known as Axis Nifty 100 Index fund . On 22 January 2020, the company launched ESG fund. 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
16-466: Is normally available to individual investors. The diversification of portfolio is done by investing in such securities which are inversely correlated to each other. Money is collected from investors by way of floating various collective investment schemes , e.g. mutual fund schemes. In general, an AMC is a company that is engaged primarily in the business of investing in, and managing, portfolios of securities. A study by consulting firm Casey Quirk, which
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