MySIPonline Shares the Recipe that Made Axis Mutual Fund the Top Performer of 2018


Posted May 4, 2019 by mysiponline

Read To know About MySIPonline Shares the Recipe that Made Axis Mutual Fund the Top Performer of 2018.

 
MySIPonline, the leading online investment platform in India disclosed the secret behind the success of Axis Mutual Fund in the volatility of 2018.

The first half of FY18 was smooth with no such big ups and downs but the later half stuck the fish bone in the throat of the investors. Increment in NPA, IL&FS crisis, poor rupee-dollar valuations were some of the major reasons that hamper the growth rate of mutual funds which were sponsored by the top AMCs. Amidst the storm, the schemes of Axis Mutual Funds emerged as a skillful sailor, helping the investors to row the volatility storm of 2018.

A senior market researcher of MySIPonline believes that the investment philosophy of ‘Quality Over Quantity’ helped Axis Mutual Fund to ride out market turbulence. Among the top performing schemes were Axis Long Term Equity Fund, Axis Bluechip Fund, Axis Multicap Fund and the list just goes on and on. One common thing among all the schemes is that the fund managers have maintained a tight portfolio which invests in 30-40 stocks only rather than diversifying the assets in large number of stocks. The idea worked well for the fund house which is clearly depicted by the powerful performance of these funds.

Axis Mutual Fund which was launched in 2009 is one of the newest AMCs in India but on the performance basis it stands shoulder to shoulder with the oldest AMC. The fund house aims to provide long term capital appreciation to the hard-earned investors’ money through a well-managed portfolio. After a spectacular 2018, the top performing schemes of Axis Mutual Fund are still continuing the successful journey. 2019 brought new ray of hope for the finance market as the internal issues started to settle down and the market is currently on the bull run. Talking about the future plans of Axis Mutual Fund, the found house is all set to enter the real estate market with the fund- Axis RERA Opportunities Fund. Asking about the future growth prospect of this soon to be launch fund, Mr. Virendra Ranawat, the CEO of MySIPonline believes that with the implementation of several government schemes like Pradhan Mantri Awas Yojana, Smart City Mission, etc., the infrastructure sector will gain new boost and is ready to outperform many other sectors of Indian Economy. The calculative step taken by the management of Axis Mutual Fund will prove to be a benchmark in the mutual fund industry. The bullish nature of the market will also assist in the high performance of the fund.

The AMC is always known to grab the upcoming market opportunities and is in the news again for the same. Moreover, the AMC is trying to establish its presence globally and this bold step will strengthen their foundation. MySIPonline, being a distributor of mutual funds too played a major role in the popularity of this AMC as the top performing scheme of Axis Mutual Funds were always in the recommendation list of the firm.

Visit https://www.mysiponline.com/mutual-funds/axis For online investment In Axis Mutual Fund.
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Last Updated May 4, 2019