When UTI Bank was renamed as Axis Bank everyone thought why still we have UTI Mutual Fund and not renamed it to Axis Mutual Fund and may be because it was different entities owned differently. Axis Mutual Fund House will shortly be filing for both equity and debt products. These offerings should be available by October / November of this year.
As I read on moneycontrol.com Rajiv Anand, MD & CEO of Axis AMC said and I quote
We are very pleased to have received SEBI’s approval. The Asset Management Industry in India is amongst the fastest growing financial services businesses from across the globe. With a growth rate of over 30% CAGR during the last 6 years, the mutual fund business presents an interesting opportunity.
Lets see if I can have some funds by them into my ebook soon or its just yet another Mutual Fund House with average performance is what we need to wait and see.
Share ...
How My Technical Analysis eBook Can Transform An Average Investor into A Market Analyst
If you're trying to make money from equity market, you should understand how the market works and not bet on your luck.
Technical analysis and chart pattern can revolutionize your understanding about the market and help you understand when is the right time to get into any stock and what could be your possible target for the stock.
My eBook helps you get equipped to understanding the market from practical point of view which means unlike many other technical analysis books my eBook does not explain all possible technicals and patterns that any student need to know.
In short I have explained technicals that I use when trading and investing in market.
{ 4 comments… read them below or add one }
Axis is entering the market with a weak team….its going to be a below average fund house in terms of fund performance as well as customer and distributor management.
being ifa empelled with axis mutual fund, arn 18577 could not get application forms of axis equity fund.
kapal dev narang
38- santpura , model town,
YAMUNA NAGAR 135001
Narangji wants to tell us something. What I could gather – is that IFA people with Axis fund can not write legible English.
well the fund house is expected to do well and garner good business ,what with a brand like Axis Bank to support it