Axis Mutual Fund launches ‘Axis Special Situations Fund’

The new fund offers (NFO) opens for subscription from December 4 th to 18 th 2020. Chennai, December 03, 2020: The Indian equity market has witnessed some of the most dramatic swings since the beginning of the pandemic, hitting unprecedented highs and lows. The pandemic has also been notable for how it has forced all of us to embrace significant change in our daily lives and caused innovation from companies responding to the stay at home/ work from home economy. As business models reconfigure themselves, there is also an increasing acceptance of technology and the transformative role that it is playing across multiple sectors. The changes wrought by the pandemic have only accelerated the disruptive trends that have been around us both in India and globally and we fully expect these trends to sustain in the post pandemic economy as well. A combination of government push, global investments and domestic ingenuity and focus on low cost, wide adoption models have alre...