Axis AMC announced the launch of the Axis Special Situations Fund, an open ended equity scheme that follows a special situations theme focusing on investing in disruptive growth opportunities. The fund will allow investors to capture opportunities across the entire disruption value chain.
Further the fund will be investing across both domestic and global markets as well as across the market cap spectrum – thus allowing the investors to participate in relevant opportunities in any of the segments of the market. Overseas investments will be advised by Schroder* (which is around 25% shareholder in Axis AMC).
The fund offers Indian investors an opportunity to invest in stocks that are participating in or enabling disruption. Its multi-sector and multi-cap asset allocation strategy along with exposure to global equities ensures that it is beneficiary to not only the disruptor but also companies which are adapter or enablers of disruption. Overseas investments will be advised by Schroder Investment Management Limited based on their disruption philosophy
Chandresh Kumar Nigam, MD & CEO, Axis AMC said, ‘Axis AMC has always tried to bring innovative new fund ideas for our investors that we believe can help in long term wealth generation. Our product development is backed by our unique and time tested philosophy of responsible investing with an unflinching focus on quality.
The introduction of the Axis Special Situations Fund also continues our journey towards creating an industry leading asset management platform that can service needs for all our investors. As the world transforms around us led by ever accelerating technological change and innovation, investors need to be able to allocate to and benefit from this theme – whether in Indian or global markets’.
The new fund offers (NFO) opens for subscription from December 4th to 18th 2020.