Axis MF launches a new Momentum Fund: Key features of the scheme explained

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Axis MF launches a new Momentum Fund: Key features of the scheme explained - Business Standard

Quick Summary:

By focusing on stocks with strong upward trends, the fund aims to deliver superior long-term returns.

Axis Mutual Fund on Monday launched the Axis Momentum Fund—an open-ended equity scheme following the Momentum Theme.

On a 3-year rolling return basis, the model has delivered positive returns 96% of the time and outperformed the benchmark in 76.8% of instances," the company said in a statement. “Momentum investing, while offering return potential, requires a disciplined and data-driven approach to manage risk effectively.