Axis Mutual Fund, one of the fastest-growing fund houses in India, announced the launch of their new fund offer – ‘Axis Multicap Fund’. The power-packed fund is all set to open on November 26, 2021 and close on 10th December, 2021. The NFO will provide investors with an opportunity to invest in large, mid, and small-cap stocks with minimum equal exposure across each category.
The Multicap Fund, as its name stands, packages a consistent mix across segments and is suitable for investors looking for a stable, conscious allocation across market capitalizations. Investors who aim to achieve long-term financial goals with minimum volatility, and are moderate risk takers should consider investing in a multi-cap fund.
The fund will leverage the bottom-up stock selection process, focusing on the appreciation potential of individual stocks from a fundamental perspective.
The allocation will be managed actively with an emphasis on identifying the best ideas within each market cap bucket. Since different market caps work in different phases, the multi-cap category aims to target leaders in all market cap buckets, Capture the larger organized markets and capable companies which have the potential to become leaders, manage risk and aim for stable returns, allow capturing potential companies and stipulating balanced allocation in all 3 market cap and endeavour to capture best ideas regardless of size and life cycle of the company.