Axis Mutual Fund is hopeful of nearly doubling the assets under management and cross the ₹2 lakh crore-mark by March.
The fund house, which currently manages over ₹1.68 lakh crore assets, most of which is from equity-linked funds, launched a new special situations fund on Wednesday from which it is aiming to draw in ₹1,300-1,500 crore, Axis AMC managing director & chief executive Chandresh Kumar Nigam said.