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Axis Capital's (AXS) compelling portfolio, strong market presence, better pricing, margin expansion, effective capital deployment poise it well for growth.
Axis Bank Limited, formerly known as UTI Bank (1993–2007), is an Indian multinational banking and financial services company headquartered in Mumbai, Maharashtra. [8] It is India's third largest private sector bank by assets and fourth largest by market capitalisation.
AXIS Capital (AXS) is poised for growth on improved investment income, advanced pricing momentum and prudent capital deployment.
AXIS Capital (AXS) remains poised to grow on increases in liability and professional lines, new business growth and disciplined pricing.
AXIS Capital Holdings Limited is the holding company for AXIS group of companies. It offers various risk transfer products and services through subsidiaries and branch networks in Bermuda , the United States, Canada, Europe and Singapore.
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]
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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]