‘Axis ESG Equity Fund’ launched

Officials of Axis AMC during launch of ‘Axis ESG Equity Fund’.
Officials of Axis AMC during launch of ‘Axis ESG Equity Fund’.

Excelsior Correspondent

JAMMU, Jan 22: Axis Mutual Fund launched ‘Axis ESG Equity Fund’
Axis AMC has been at the forefront of product innovation and creating a robust investment process that has the potential to deliver long term performance for its investors.
Axis ESG Equity Fund takes us forward on both these parameters with an innovative new product that aims to invest in companies that we believe can generate sustainable business performance over the long term.
The Axis ESG equity fund will thus offer investors with a solution that allows them to make money responsibly.
The ESG approach followed by Axis AMC will have the key characteristics including a forward-looking and dynamic view of ESG for each company, an ESG process that captures global best practices, a standardised framework that uses data along with analyst assessments and ESG to be adopted into the overall AMC investment process.
Chandresh Kumar Nigam, MD and CEO, Axis AMC said, “We at Axis AMC believe that ESG is a logical extension to our philosophy given our core focus towards quality and sustainable growth. By combining ESG analysis with traditional financial metrics we can come up with a more holistic understanding of each company in our portfolio. We have faith that the Axis ESG Equity Fund by investing in a portfolio of such companies will have strong potential to offer its investors a rich source of alpha.”
The new fund offers (NFO) opens for subscription from today to February 5.
Jinesh Gopani, Head Equity and Hitesh Das, Fund Manager Foreign Securities at Axis Asset Management Company will be managing this fund, Nigam informed.