Today's Top Gainer
Note:Top Gainer - Nifty 50 More
|Scheme Name||NAV(Rs.)||1m %||3m %||6m %||1y %||3y %|
|BOI AXA Credit Risk Fund - Regular||9.86||[20.61]||0||0||[27.10]||0|
|BOI AXA Conservative Hybrid Fund (G)||19.66||[5.01]||0||0||[5.48]||0|
|BOI AXA Conservative Hybrid Fund - Eco (G)||20.03||[4.98]||0||0||[5.20]||0|
|BOI AXA Short Term Income (G)||19.48||[2.77]||0||0||1.81||0|
|BOI AXA Equity Debt Rebalancer Fund (G)||14.61||[2.40]||0||0||[1.95]||0|
51, 5th Floor, Kalpataru Synergy,
East Wing, Vakola,
Santacruz East, Mumbai - 400055.
205, Megabyte Business Centre,
S.C.O 333-334, Sector 35-B
|Phone : 020 - 40112300,40479000||Phone :|
|Email : firstname.lastname@example.org||Email : email@example.com|
|Website : www.boiaxamf.com||Website : www.boiaxa-im.com|
Bharti AXA Mutual Fund
Bharti AXA Investment Managers Private Limited is a joint venture between the Bharti Group represented by Bharti Ventures Limited, and AXA Group represented by AXA Investment Managers and AXA APH (through NMIPL).
Bharti AXA Investment Managers Private Limited was incorporated on 13th August, 2007 and is headquartered in Mumbai, the commercial hub of India. With a presence in more than 34 locations across the country within one year of the launch, Bharti AXA Investment Managers boasts one of the largest footprints for any AMC in the country during launch. This indicates the retail focus of the AMC. With best practices brought in from world leaders in financial protection, Bharti AXA Investment Managers aim to be an aggressive player in the Indian Asset Management Industry.
Sponsor: AXA Investment Managers
Trustee: Bharti AXA Trustee Services Private Limited
Investment Manager: Bharti AXA Investment Managers Private LimitedStatutory Details: Bharti AXA Mutual Fund, a mutual fund constituted as a Trust under the provisions of the Indian Trust Act, 1882, and registered with SEBI under Registration No. MF/056/08/01 dated March 31, 2008
capital market/11:54, Jun 24, 2019
NFO period is from 08 July to 22 July 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....