Axis Mf News Today

The fund house, the seventh largest in the 43-member strong mutual fund industry, has fallen out of investors favour of late on account of weak performances by its equity schemes and changes in the core team including key fund managers.

Shreyash Devalkar discusses lending entities, stable macros, RBIs GDP target, market dynamics during elections, valuation, attractive segments, and the performance of largecaps, midcaps, and smallcaps, including the impact of PSU entities on asset allocation and returns. Devalkar says: "On a six-month basis. already the large versus mid versus small the differential is 2% to 3%. Normally it is 15% to 18%."

The participation from diverse investor segments has been notable, with over 1.5 lakh applications, , Axis MF

Retirement-based mutual funds have a bias towards debt rather than equities, making them suitable for individuals closer to retirement. These funds have specific features, such as a minimum holding period, that guide both investors and fund managers in making longer-term investment decisions. The asset allocation of a conservative retirement plan typically has a higher allocation to debt. Investors should consider their asset allocation strategy and consult with financial advisors to create a ba...

We believe in a long-term approach to investing and accordingly hold selected positions in companies we believe will grow over a longer period of time. The mid and smallcap segments are well represented by the investment and exports sector, which includes chemicals, auto ancillary and manufacturing while the consumption theme has a broader representation in the large cap space.

“Broadly we should be somewhere around one-third, one-third in large and smallcap category and somewhere around 25-26% in midcap categories as of last month. Sector-wise, one should look at it more from the B2B versus B2C and so on. The financial services sector is high, 25% plus. Sectors in the B2B or manufacturing part of the economy are more in auto, auto accessories.”

They included Abu Dhabi Investment Authority, Carmignac Portfolio, Loomis Sayles, and Neuberger Berman. Domestic investors such as Axis MF Aditya Birla Sun Life MF, ICICI Prudential MF, SBI MF and HDFC MF also participated

In a consultation paper that SEBI issued on May 20, it has proposed setting up of internal surveillance systems in mutual fund houses to catch fraudulent activities. It wants fund houses to be more pro-active

The Securities and Exchange Board of India’s ensuing investigation has revealed a maze of connections created by Joshi to perpetrate the front-running.

Both the funds will be benchmarked against the LBMA Silver daily spot AM fixing price and the subscription for the NFOs are open till September 15.