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Axis Mutual Fund has renamed eight of its mutual fund schemes, effective Sep 30.
The fund house said that the changes are part of their ongoing commitment to provide investors with clear and concise information about their investments.
In a press release, B. Gopkumar, MD & CEO, Axis Mutual Fund said, “We believe that these name changes will provide investors with a clearer understanding of our funds’ investment objectives and strategies. Our goal is to empower our clients to make informed investment decisions.”
Here is the table highlighting the relevant changes:
|
Sr. No. |
Existing Name of Scheme |
Sub-category of Scheme (as per MCR) |
Revised Name of Scheme |
Fund Manager (s) |
|
1 |
Axis Children’s Gift Fund |
Children’s Fund |
Axis Children’s Fund |
Mr. Jayesh Sundar, Mr. Devang Shah, Mr. Ashish Naik, Mr. Hardik Shah |
|
2 |
Axis Retirement Savings Fund |
Retirement Fund |
Axis Retirement Fund |
Mr. Jayesh Sundar, Mr. Devang Shah, Mr. Hardik Shah, Mr. Nitin Arora, Ms. Krishnaa N |
|
3 |
Axis Corporate Debt Fund |
Corporate Bond Fund |
Axis Corporate Bond Fund |
Mr. Devang Shah, Mr. Hardik Shah |
|
4 |
Axis Ultra Short Term Fund |
Ultra Short Duration Fund |
Axis Ultra Short Duration Fund |
Mr. Aditya Pagaria, Mr. Sachin Jain |
|
5 |
Axis Short Term Fund |
Short Duration Fund |
Axis Short Duration Fund |
Mr. Devang Shah, Mr. Aditya Pagaria |
|
6 |
Axis Regular Saver Fund |
Conservative Hybrid Fund |
Axis Conservative Hybrid Fund |
Mr. Jayesh Sundar, Mr. Devang Shah, Mr. Ashish Naik, Mr. Sachin Jain |
|
7 |
Axis Equity Saver Fund |
Equity Savings |
Axis Equity Savings Fund |
Mr. Devang Shah, Mr. Mayank Hyanki, Mr. Hardik Shah, Mr. Hitesh Das |
|
8 |
Axis Equity Hybrid Fund |
Aggressive Hybrid Fund |
Axis Aggressive Hybrid Fund |
Mr. Jayesh Sundar, Mr. Devang Shah, Mr. Ashish Naik, Mr. Aditya Pagaria |
