Axis Mutual Fund launches ‘Axis Global Alpha Equity Fund of Fund’
Highlights : - An open ended fund of fund scheme investing in Schroder International Selection Fund Global Equity Alpha Offers Indian investors an opportunity to participate in a high quality globally diversified equity portfolio that can complement their Indian equity allocation Allocation to global equities can improve the risk-return profile of Indian investors because of diversification benefits Schroders owns around 25% stake in Axis Asset Management Company NFO date: September 04, 2020 to September 18, 2020 Chennai, September 03, 2020: Opportunity and diversification logic dictates that as investors we should not be closed to any meaningful, long term investment idea if we are to achieve the most optimal long term portfolio outcomes. And yet, investors in India have missed out on 97% of the global equity opportunities because their portfolios have overwhelmingly been allocated to the Indian equity markets (which represent only about 3% of the global equity markets*). All inv...