Today's Top Gainer
Note:Top Gainer - Nifty 50 More
|Scheme Name||NAV(Rs.)||1m %||3m %||6m %||1y %||3y %|
|AXIS Hybrid Fund - Series 31 (G)||12||[0.58]||0||0||3.55||0|
|AXIS Hybrid Fund - Series 32 (G)||11.97||[0.57]||0||0||3.80||0|
|AXIS Hybrid Fund - Series 33 (G)||11.70||[0.31]||0||0||3.79||0|
|AXIS Hybrid Fund - Series 35 (G)||12.34||0.26||0||0||4.08||0|
|AXIS Nifty ETF||1,263.13||0.30||0||0||14.25||0|
Axis House, 1st Floor, Bombay Dyeing
Mill Compound, Pandurang
Budhkar Marg, Worli, Mumbai - 400025.
Ground Floor,Shop No 4,Megha House,
Opp.Kotak Bnk,Mithakali Law
|Phone : 022-43255161||Phone :|
|Email : email@example.com||Email : firstname.lastname@example.org|
|Website : www.axismf.com||Website : www.axismf.com|
Axis Mutual Fund
Axis Bank was the first of the new private banks to have begun operations in 1994, after the Government of India allowed new private banks to be established. The Bank was promoted jointly by the Administrator of the specified undertaking of the Unit Trust of India (UTI - I), Life Insurance Corporation of India (LIC) and General Insurance Corporation of India (GIC) and other four PSU insurance companies, i.e. National Insurance Company Ltd., The New India Assurance Company Ltd., The Oriental Insurance Company Ltd. and United India Insurance Company Ltd.
The Bank today is capitalized to the extent of Rs. 405.17 crores with the public holding (other than promoters and GDRs) at 53.09%.
The Bank's Registered Office is at Ahmedabad and its Central Office is located at Mumbai. The Bank has a very wide network of more than 1000 branches and Extension Counters (as on 31st March 2010). The Bank has a network of over 4055 ATMs (as on 31st March 2010) providing 24 hrs a day banking convenience to its customers. This is one of the largest ATM networks in the country.
The Bank has strengths in both retail and corporate banking and is committed to adopting the best industry practices internationally in order to achieve excellence.
Sponsor: Axis Bank Limited
Trustee: Axis Mutual Fund Trustee Limited
Investment Manager: Axis Asset Management Company Ltd. Statutory Details: Axis Mutual Fund, a trust set up under the provisions of the Indian Trusts Act, 1882.
capital market/10:45, Jun 10, 2019
With effect from 06 June 2019
India Infoline News Service/10:50, Oct 27, 2017
Balance funds are a mix of stocks and bonds which reflects a moderate approach. The primary goal of balanced funds is to create regular and stable income by investing in debt securities and invest a portion in equity for capital appreciation.
Daily chart analysis indicates that Nifty FMCG index is on the verge of an Inverse Head and Shoulder pattern breakout. A close above the 25270 mark will confirm the same.
With strength in Oil & gas and pharma sector, the decline in Nifty has got arrested while broader index like CNX 500 is yet to confirm a bottom (though the selling pressure has stopped). Hence the composition of Nifty turns out to be better in assisting quick recovery and we feel that the stage is set for the key indices to surge higher towards 8,400.
The old adage Sell in May seems to have been ignored largely in second half of the month as the market left behind the carnage of March & April. . A move above the downward sloping trendline (above 8,550) would prove to be icing on the cake and market looks poised to see further build up after the gains of May.
Strength of every market is judged on corrections. After Mondays turnaround it is important to observe that if the recovery turns out to be sluggish and market starts to give up gains, will it find support around 8,200 or not? As of now, it will act as a new support line for the bulls.
Barriers in life come and go but 8,350 is acting as a tough one since the third week of April. This consolidation at the bottom has taken shape of a bullish H&S pattern. A move above the same could result in reversal of the trend.
Growth will come back and people will take time to adjust, which is why we will spend the next 1-1.5 years in a consolidation phase....