Axis Nifty Bank Index Fund

Axis Mutual Fund ranks among India's leading 10 Asset Management Companies. Founded in 2009, it operates as a joint venture between Axis Bank, the third largest private sector bank in India, and Schroder Singapore Holdings Private Limited (SSHPL), which owns 25% of the holdings. Notably, Axis Mutual Fund has emerged as one of the fastest-growing mutual fund companies in the Indian market. With a presence in over 100 cities, its 31 investment teams span across 19 countries in Asia, the Middle East, Europe and America. Its vast product lineup offers more than 53 different schemes. Axis Mutual Fund is present in over 100 cities and has over 98 lakh active investor accounts. As of December 2023, the company boasts Assets Under Management (AUM) of Rs 2.6 lakh crores.