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Wednesday, January 16, 2013

Axis Mutual Fund

This fund house has the advantage of Axis Bank parentage. In a short span of 3 years the AMC has launched products across both debt and equity to offer a full range of funds for the need of both retail and institutional investors. The no-fanfare approach adopted by this AMC lies in its focus on building a performance track record for its fund offering.

 

In September 2012, Britain's largest asset management company, Schroders, acquired 25 per cent stake in this AMC, which will provide the necessary support, expertise and possibility of launching global funds.

 

The AMC has a strong leadership which will help in the growth and development of the business. At the moment, there is nothing spectacularly outstanding with this fund house, but it has also not got into anything adverse either. Considering the short history of this fund house, it has made a good start, with the necessary credentials and foreign tie-up to scale up from here. So far the key driver for distribution has been the parent bank's network, which will remain so for future growth and reach.

Happy Investing!!

We can help. Call 0 94 8300 8300 (India)

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You can write back to us at PrajnaCapital [at] Gmail [dot] Com

 

 

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Invest in Tax Saving Mutual Funds ( ELSS Mutual Funds ) to upto Rs 1 lakh and Save tax under Section 80C.

 

Invest Tax Saving Mutual Funds Online

Tax Saving Mutual Funds Online

These links can be used to Purchase Mutual Funds Online that are regular also (Investment, non-tax saving)

 

Download Tax Saving Mutual Fund Application Forms from all AMCs

Download Tax Saving Mutual Fund Applications

 

These Application Forms can be used for buying regular mutual funds also

 

Some of the best Tax Saving Mutual Funds available ( ELSS Mutual Funds )

  1. ICICI Prudential Tax Plan  Invest Online
  2. HDFC TaxSaver   Invest Online
  3. DSP BlackRock Tax Saver Fund   Invest Online
  4. Reliance Tax Saver (ELSS) Fund   Invest Online
  5. Birla Sun Life Tax Relief '96 Invest Online
  6. IDFC Tax Advantage (ELSS) Fund  Invest Online
  7. SBI Magnum Tax Gain Scheme 1993   Invest Online
  8. Sundaram Tax Saver   Invest Online
  9. Edelweiss ELSS Invest Online

 

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