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Axis Direct provides a 3-in-1 Online Investment Account [2] which is a combination of Axis Bank Savings along with an Axis Direct trading and Demat account services: Equities – Invest online in stocks of listed companies; Mutual Funds – Invest in mutual funds including equity, hybrid, tax saving or debt schemes from asset management companies
A systematic investment plan (SIP) is an investment vehicle offered by many mutual funds to investors, allowing them to invest small amounts periodically instead of lump sums. The frequency of investment is usually weekly, monthly or quarterly.
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It tied up with various financial services companies and banks, including Reliance Mutual Fund, Bajaj Finance, HDFC Life and RBL Bank to offer multiple products and services. [ 3 ] [ 7 ] [ 8 ] In April 2021, it launched an Aadhaar -based SIP ( Systematic Investment Plan ) payments feature, which can be used to start a SIP online and set up ...
Axis Mutual Fund started its operations in 2009 with its first equity scheme, Axis Equity Fund. [12] In April 2012, Schroders, an asset management company, acquired a 25% stake in Axis Mutual Fund. [13] [14] In September 2019, Axis Mutual Fund launched an index fund based on Nifty 100 that is known as Axis Nifty 100 Index fund. [15]
On 30 July 2007, UTI Bank changed its name to Axis Bank. [16] In 2009, Shikha Sharma was appointed as the MD and CEO of Axis Bank. [17] In 2013, Axis Bank's subsidiary, Axis Bank UK commenced banking operations. [18] The Indian government intends to sell a 20.7% stake in Axis Bank in February 2014 for 57 billion rupees, equivalent to 925 ...
Saudi Jordanian Investment Fund; Short-term investment fund; SICAV; Sovereign wealth fund; Specialized investment fund; Social Security and National Insurance Trust; Stable value fund; Strategic block investing; Systematic investment plan
From January 2008 to December 2012, if you bought shares in companies when Stephen W. Sanger joined the board, and sold them when he left, you would have a 27.9 percent return on your investment, compared to a -2.8 percent return from the S&P 500.