Axis launches special situations fund

By Morningstar |  02-12-20 | 
 

Axis Mutual Fund has launched an open ended multi cap fund called Axis Special Situations Fund. The new fund offers opens for subscription from December 4 to December 18, 2020. The fund will be benchmarked against Nifty 500 TRI.

Here are more details about the fund:

  • The fund offers Indian investors an opportunity to invest in stocks that are participating in or enabling disruption.
  • Its multi-sector and multi-cap asset allocation strategy along with exposure to global equities ensures that it is beneficiary to not only the disruptor but also companies which are adapter or enablers of disruption.
  • Overseas investments will be advised by Schroder Investment Management Limited based on their disruption philosophy.
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