Axis MF launches Global Innovation Fund of Fund
May 06, 2021
Chandresh Kumar Nigam, Managing Director, Axis AMC - Businessline×
NFO opens Monday; will close on May 21
Axis Mutual Fund has launched the ‘Global Innovation Fund of Fund’ that will invest in Schroder International Selection Fund Global Disruption.
The Global equity fund in turn provides long term capital growth by investing in companies worldwide that benefit from disruption.
The New Fund Offer (NFO) opens for subscription on Monday and closes on May 21.
Disruption themes
Disruptive forces are manifesting themselves faster than ever due to technological advancements, creating a rich and fast-growing universe of transformational companies with growth potential.
Axis Mutual Fund launches Global Innovation Fund of Fund
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Last Updated: May 06, 2021, 03:12 PM IST
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Synopsis
The fund house said that the fund is actively managed to access multiple disruption themes globally including – environment, automation, healthcare, finTech, communication, food & water, new consumer, digitalization, and e-Commerce.
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Axis Mutual Fund has announced the launch of their new fund – ‘Axis Global Innovation Fund of Fund’. The fund will provide investors with an opportunity to invest in Schroder International Selection Fund Global Disruption, an equity fund that aims to provide long term capital growth by investing in companies worldwide that benefit from disruption. The New Fund Offer (NFO) opens for subscription from May 10 to May 21.