After making its entry into the top 10 fund houses in the country, Axis Mutual Fund plans to launch a couple of new products falling under the open-ended category later in the year, a top official said on Monday.
Similarly, the fund house was aiming at increasing its folio count under the retail segment to 50 lakh from 22 lakh at present over the next three years.
Folios are numbers designated for individual investor accounts, though one investor can have multiple accounts.
