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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 Fund offers various types of mutual fund schemes to invest in India, such as equity funds, hybrid funds, debt funds, and more.
Axis Direct provides a 3-in-1 Online Investment Account [2] which is a combination of Axis Bank Savings along with an Axis Direct trading and Demat account services: Equities – Invest online in stocks of listed companies; Mutual Funds – Invest in mutual funds including equity, hybrid, tax saving or debt schemes from asset management companies
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 asset management company is a company that is engaged primarily in the business of investing ...
The company tied up with State Bank of India in 2006, [8] Punjab National Bank in 2007 [8] and Axis Bank in 2013 [9] to offer online trading to its customers. In January 2010, the company set up a mutual fund business named as Motilal Oswal Asset Management Company (MOAMC). [10]
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Axis Mutual Fund is a subsidiary of Axis Bank established in 2009 with in headquarters in Mumbai. Acquisitions 2017: Axis Bank acquired Freecharge , a digital marketplace for financial services in 2017 for approximately ₹385 crore.
During 2016, Axa IM set up Chorus, a hedge fund platform. In the same year, the Real Assets division acquired Sydney-based, Eureka Funds Management to expand its real assets' operation in the Asia-Pacific region. [15] Axa Investment registered as a crypto service provider in France in March 2023, avoiding disruption to their services. [16]
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