 | |
| Company type | Joint venture |
|---|---|
| Industry | Investment management |
| Founded | 2009; 15 years ago (2009) |
| Headquarters | Mumbai, India |
Area served | India |
Key people | B.Gopkumar (MD & CEO)[1][2] Shreyas Devalkar (head of equity)[3][4] |
| Products |
|
| AUM |  ₹263,740 crore (US$32 billion) (December 2023)[5] |
| Owner | Axis Bank (75%) Schroders (25%) |
| Website | www |
| Footnotes / references [6][7][8] | |
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.[11]
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] On 22 January 2020, the company launched ESG fund.[16]
Two fund managers of Axis Mutual Fund allegedly shared confidential information about the asset manager's trades with brokers in Gujarat in return for kickbacks, according to new details discovered by a Securities and Exchange Board of India (SEBI) investigation.[17][18][19]
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Major asset management companies
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