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Axis Mutual Fund has launched Axis India Manufacturing Fund, an open-ended thematic scheme that will invest in manufacturing companies.
In a press release, B. Gop Kumar, MD & CEO, Axis AMC said, "This thematic fund, is designed to capitalize on India’s growing momentum, focusing on sectors that stand to redefine India’s industrial contours."
Ashish Gupta, CIO, Axis AMC said, "With the fund, we aim to curate a portfolio that not only reflects the theme’s robust growth potential but also actively contributes to our investors' wealth creation opportunities, positioning them to benefit from the companies that are set to be the vanguards of this industrial renaissance.”
Shreyash Devalkar and Nitin Arora will co-manage the fund.
