Home / News

Business

  • 0

Axis Mutual Fund launches ‘Axis Quant Fund'

Axis Mutual Fund launches ‘Axis Quant Fund'

Kochi : With the focus on corporate governance and resulting dramatic improvement in corporate disclosures the world of investing is witnessing a sea change in the availability of data. This changing paradigm represents a large opportunity to asset managers and promises to transform the fund management process for the better. The successful adoption of this new wave can be done through what are known as quantitative techniques – essentially models that are trained to process this data and use it to come up with investment ideas. The specialized funds that use these approaches are called Quant funds.

 

So what are Quant Funds? Quantitative strategy, an approach that is well entrenched in the west, is an alternate and a complementary approach to the traditional way of investing in markets.  It uses mathematical models and a systematic approach to carry out portfolio management. The strength of this process lies in its ability to analyze a large breadth of stocks and in bringing together diverse data points to identify the strongest investment opportunities. The model also allows the manager to construct a portfolio that balances risk-return objectives. We expect that as our markets and systems keep maturing, these products will gain importance and will occupy an important position in the investors’ portfolio.

 

Axis Quant Fund: - Axis Mutual Fund, while being one of the fastest-growing fund houses in India, has always strived to be at the forefront of introducing suitable and innovative products for investors to help them with their long-term goals. Taking this journey forward, 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.

 

Salient features of the fund:

  • An equity scheme that invests in equity and equity-related instruments selected based on Quantitative approach
  • All seasons portfolio capturing the best of fundamental styles: Quality, Growth and Valuation
  • Stocks are evaluated using several fundamental parameters & weights are assigned using risk and other considerations
  • The portfolio is reviewed & rebalanced periodically

 

On the launch of the NFO, Mr. Chandresh Nigam, MD & CEO, Axis AMC said, “The landscape of active equity investing has evolved and markets are becoming more efficient. While introducing new fund offers in the market, our constant aim has been to provide investors with a product basket that suits their needs and helps them in diversify their portfolio, allowing them to make long term allocations. The launch of Axis Quant Fund is our attempt to continue that journey for investors by offering them a product that can use the power of data to create long term wealth.”

Previous News

Technology News

Samsung Announces Exciting Cashback and Affordability Offers on Galaxy A Series Smartphones for Festive Season

Samsung Announces Exciting Cashback and Affordability Offers on Galaxy A Series Smartphones for Festive Season

Gurugram, India – October 11, 2023: Samsung announced exciting offers

HMD Nokia G42 5G (16GB+256GB) Variant Launched: With Snapdragon 480 Plus 5G Chipset Powers & Stylish Colours

HMD Nokia G42 5G (16GB+256GB) Variant Launched: With Snapdragon 480 Plus 5G Chipset Powers & Stylish Colours

Bangalore, 10th October 2023: The Nokia G42 5G (16GB+256G

IN-SPACe unveils Decadal Vision & Strategy for Indian Space Economy

IN-SPACe unveils Decadal Vision & Strategy for Indian Space Economy

Bengaluru, October 10, 2023  IN-SPACe (Indian National Space Promotion and

Philips OneBlade Partners with College Rivals for an Epic Gaming Journey Enabling Gen Z to ‘Move Fearlessly’

Philips OneBlade Partners with College Rivals for an Epic Gaming Journey Enabling Gen Z to ‘Move Fearlessly’

New Delhi, October 3, India- Philips India announces an exciting co

Latest Business News

MasterChow taps renowned Chef Ranveer Brar as its Brand Ambassador to champion Asli Chinese

MasterChow taps renowned Chef Ranveer Brar as its Brand Ambassador to champion Asli Chinese

Through this exciting initiative, the brand aims to emerge as the go-to purveyor of authentic Chinese in India

New D

STUDENTS OF JAIPUR'S JAYSHREE PERIWAL HIGH SCHOOL BRING LAURELS TO SCHOOL IN UPSC

STUDENTS OF JAIPUR'S JAYSHREE PERIWAL HIGH SCHOOL BRING LAURELS TO SCHOOL IN UPSC

Jaipur, 18 April: Students of Jaipur have recently shown their remarkable achievement in the UPSC Civil Services Examination-

India Employment Report pitches for policy to promote jobs

India Employment Report pitches for policy to promote jobs

·       Technopark-based Lifology holds conversation on IER 2024

Thiru