The Newz Biz Team, PUNE : With the focus on corporate governance and resulting in a dramatic improvement in corporate disclosures the world of investing is witnessing a sea change in the availability of data. This changing paradigm represents a large opportunity for asset managers and promises to transform the fund management process for the better. The successful adoption of this new wave can be done through what is known as quantitative techniques – essentially models that are trained to process this data and use it to come up with investment ideas.
Axis Mutual Fund, while being one of the fastest-growing fund houses in India, has always strived to be at the forefront of introducing suitable and innovative products for investors to help them with their long-term goals. Taking this journey forward, Axis Mutual Fund announced the launch of their new fund offer – ‘Axis Quant Fund’, following a fundamentally driven quantitative approach to investing.
The model aims to select a portfolio of quality stocks with good growth prospects but at reasonable prices. This approach for selecting stocks is augmented by disciplined risk management while carrying out portfolio construction.
The fund is suitable for investors looking at new avenues of investing to diversify their existing portfolio of funds and aiming to allocate for the long term. The fund offers a unique proposition, combining the power of fundamentals with disciplined risk management. It aims to create a diversified portfolio that has the potential to work across the market cycle.
On the launch of the NFO, Chandresh Nigam, MD & CEO, Axis AMC said “The landscape of active equity investing has evolved and markets are becoming more efficient.