Axis Mutual Fund announced the launch of their new fund offer – ‘Axis Quant Fund’, following a fundamentally driven quantitative approach to investing. This strategy through its proprietary in-house model aims to identify the strongest bottom-up stock opportunities to invest into while accounting for both risks and return prospects.
The model aims to select a portfolio of quality stocks with good growth prospects but at reasonable prices. This approach for selecting stocks is augmented by a disciplined risk management while carrying out portfolio construction.
The fund is suitable for investors looking at new avenues of investing to diversify their existing portfolio of funds and aiming to allocate for the long term. The fund offers a unique proposition, combining the power of fundamentals with disciplined risk management. It aims to create diversified portfolio that has the potential to work across the market cycle.