Mumbai: Axis Mutual Fund, one of the fastest-growing fund houses in India, today announced the launch of their new fund offer – ‘Axis Floater Fund’. The fund offers efficient solutions for short term investors looking to navigate a possible rising interest rate environment and also an ideal parking solution for their investment. The fund will be actively managed by Mr. Aditya Pagaria, Fund Manager –Fixed Income.
Introducing ‘Axis Floater Fund’
Why Now?
Interest rates are at pivotal junction. With improving macro-economic fundamentals and a strong global economic sentiment, India is poised to gradual get back to becoming one of the fastest growing large economies of the world. As inflation edges higher, we believe that we are at the bottom of the interest rate cycle. As the RBI looks to roll back accommodative momentary policy markets have prompted RBI actions and priced yield curves higher. Historically, such events, have led to a sharp and swift rise in short term rates as seen in the 2008-2011 and 2012-14 interest rate reversals.
For investors looking at short to medium term debt investment solutions, floating rate strategies make for an ideal solution to earn market linked inflation beating returns as well as to navigate a rising interest rate scenario.
Announcing the launch of the NFO, Mr. Chandresh Nigam, MD & CEO, Axis AMC, said “At Axis AMC, we have always believed in being ahead of time and introducing a product bouquet which gives our investors promising avenues for wealth creation. Every investor holds different goals, risk appetite and a different time horizon to achieve the set goals. Therefore, we aim at personalising and intelligently crafting multiple investment options to fulfil the needs of our investors.”
“The economic fundamentals are improving gradually and returning to normalcy. These are early signs of a pickup in demand and we believe we are the cusp of a new growth cycle. The country is also likely at the bottom of the interest rate cycle and we expect rates to see a gradual rate hike cycle in the medium term. With the launch of this fund, we believe that we will provide an efficient solution for short-term investors looking to navigate a possible rising rate environment.”
Gurugram, India – October 11, 2023: Samsung announced exciting offers
Bangalore, 10th October 2023: The Nokia G42 5G (16GB+256G
Bengaluru, October 10, 2023 IN-SPACe (Indian National Space Promotion and
New Delhi, October 3, India- Philips India announces an exciting co
 (1)_1713611592.jpg)
Through this exciting initiative, the brand aims to emerge as the go-to purveyor of authentic Chinese in India
New D
Jaipur, 18 April: Students of Jaipur have recently shown their remarkable achievement in the UPSC Civil Services Examination-
· Technopark-based Lifology holds conversation on IER 2024
Thiru
Business / 20-04-2024
MasterChow taps renowned Chef Ranveer Brar as its Brand Ambassador to champion Asli ChineseSports / 20-04-2024
Aditya Mehta Foundation's para cyclists Jyoti Gaderiya & Arshad Shaik achieve top world rankings in the latest Track Para Rankings, bringing pride to India!Business / 18-04-2024
STUDENTS OF JAIPUR'S JAYSHREE PERIWAL HIGH SCHOOL BRING LAURELS TO SCHOOL IN UPSCBusiness / 18-04-2024
India Employment Report pitches for policy to promote jobsBusiness / 18-04-2024
The EMAK Festoon Silent Heroes Awards-24 Concludes at Le Méridien, KochiPelikken © Copyright 2022, All Rights Reserved
