Axis Mutual Fund launches 'Axis Consumption Fund' targeting India's dynamic consumption sector.
Axis Mutual Fund launches the 'Axis Consumption Fund', targeting India's dynamic consumption sector. The fund aims to capture growth in consumer-related sectors, including FMCG, automobile, telecommunication, healthcare, realty, and consumer services. With a focus on rising incomes, urbanisation, and evolving consumer preferences, the fund offers a long-term investment opportunity for those believing in the continued growth of India's consumer market. The NFO will open for subscription on August 23 and close on September 6, with a 1% exit load if redeemed/switched within 12 months of the allotment date.
August 22, 2024
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