Axis Mutual Fund announced the launch of the Axis India Manufacturing Fund. The scheme opened for public subscription on December 01, 2023, and will close on December 15, 2023.
India’s rapid growth path and the government push has given manufacturing a boost. As a result, the manufacturing segment provides investors with multiple diversified opportunities, say experts.
"India is transitioning rapidly, thanks to significant government impetus, favourable policy frameworks, and its improved cost competitiveness to global peers," said Ashish Gupta, Chief Investment Officer, Axis AMC.