Axis Mutual Fund Launches New Scheme Focused on India’s Growing Services Sector

0

Axis Mutual Fund has announced the launch of the Axis Services Opportunities Fun, an open-ended equity scheme focused on India’s growing services sector. The New Fund Offer (NFO) opened for subscription on July 4, 2025, and will close on July 18, 2025.

This fund aims to provide long-term capital appreciation by investing in companies with strong service-based business models. It will focus on sectors like banking, healthcare, fintech, telecom, logistics, media, e-commerce, and more — all of which are contributing significantly to India’s transformation into a service-led economy.

The fund will be managed by a team of experienced professionals — Shreyash Devalkar, Sachin Relekar, and Krishnaa Narayan (for overseas investments).

B. Gopkumar, MD & CEO of Axis AMC, said, “India’s growth is being driven by services, and this fund is our effort to offer investors a way to be part of that journey. From traditional sectors to digital-age businesses, we want to create a portfolio of high-quality, capital-efficient companies.”

With India’s services sector expected to dominate GDP and job creation in the coming decades, Axis Mutual Fund believes this is the right time to launch a fund that aligns with this structural shift. The fund will use a bottom-up stock-picking approach, focusing on companies with strong return ratios and sustainable advantages.

Interested investors can subscribe to the Axis Services Opportunities Fund before the NFO closes on July 18.

Leave A Reply