If you’re looking to invest in India’s fast-growing service economy, there’s a new opportunity for you. Axis Mutual Fund has introduced a new thematic equity fund called Axis Services Opportunities Fund.
This New Fund Offer (NFO) is open for investment from July 4 to July 18, 2025, and aims to put money into companies that earn by providing services in areas like financial services, IT, telecom, healthcare, e-commerce, logistics, fintech, and entertainment.
This fund will be managed by Shreyas Dewalkar, Sachin Relekar, and Krishna Narayan. The best part is that you can start investing with just ₹100, and later add more in multiples of ₹1.
If you take out your money before one year, you will be charged a 1% exit load. However, 10% of your total investment can be withdrawn without any charge.
Axis Fund will use bottom-up approach to pick stocks
Axis Asset Management has stated that this fund will follow a bottom-up stock selection strategy and will maintain a high active share in its portfolio. The goal is to invest in companies that are high quality, capital efficient, and show strong earnings and return ratios.
Service sector is driving India’s economic growth
According to B. Gopkumar, MD and CEO of Axis AMC, “India’s future growth will be driven by the service sector. This fund will focus on scalable businesses from both traditional and new-age service sectors.”
In FY24, the service sector made up 55% of India’s GDP and provided 41% of the country’s employment, making it the biggest contributor to the economy.
With increasing urbanization, digital adoption, and policy support, this sector is expected to grow even more in the coming years.
Focus on long-term value and growth
Ashish Gupta, CIO of Axis AMC, said, “As the service sector becomes central to India’s economic growth, our fund aims to support businesses that can deliver long-term value through efficient use of capital.”
This fund also complements Axis AMC’s other thematic funds like the Axis Consumption Fund and Axis India Manufacturing Fund, which focus on other important parts of the Indian economy.
