Fund News

Change in fundamental attributes of Axis ESG Equity Fund

Axis Mutual Fund has announced some fundamental changes

हिंदी में भी पढ़ें read-in-hindi

Axis Mutual Fund has announced some fundamental changes in its Axis ESG Equity Fund

  • The scheme name will change from Axis ESG Equity Fund to Axis ESG Integration Strategy Fund.

  • The investment objective will be changed to generate long-term capital appreciation by investing in a diversified portfolio of companies demonstrating sustainable practices across Environmental, Social, and Governance (ESG) parameters using an ESG Integration approach.

  • The type of scheme will also changed to "An open-ended equity scheme following ESG based investing theme and following an Integration approach".

  • These changes will come into effect from January 31, 2024.

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