News for Axis Mutual Fund (AXISTECETF.BO)

A recent analysis by ET Mutual Funds reveals that nearly 41 equity mutual funds have consistently delivered over 15% CAGR across the last three, five, seven, and ten years. Quant Mutual Fund leads with six such schemes, followed by several fund houses with three qualifying funds each. Edelweiss Mid Cap Fund stood out with impressive returns across all timeframes.

Ashish Gupta from Axis Mutual Fund suggests a positive outlook for NBFCs and mid-sized banks due to reduced funding costs. Cement sector profitability is recovering, but volume growth is crucial. Industrials show strong topline and margins. Healthcare, especially hospitals and CDMOs, are favored over generic exports. Auto sector is currently underweight due to high margins and multiples.

Ashish Gupta of Axis Mutual Fund notes India's market underperformance compared to global peers despite a global equity rally. While foreign flows have turned positive since April, they remain modest. Gupta emphasizes the need to monitor economic indicators, especially the impact of macro events like tariffs, to gauge future market direction.

Sell-side analysts in India outperform other markets, with a long-short strategy yielding 105% over a decade, highlighting market inefficiencies.

Bond investors faced disappointment despite the Reserve Bank of India's rate cuts. Bond yields rose unexpectedly, eroding bond values. Experts attribute this to supply imbalances rather than major macroeconomic concerns. The RBI's shift to a neutral stance further dampened market sentiment. Some believe future rate cuts are possible if inflation eases.

At least ten Indian and foreign asset managers plan to launch higher-risk, long-short equity funds to wealthier investors after the regulator approved the strategy earlier this year, according to executives at these firms and public filings.

Indias bond market is evolving amid geopolitical tensions, softening inflation, and stable currency trends. Axis MFs July 2025 outlook favors short-term corporate bonds over long-duration G-Secs, citing better yields and risk-reward. Investors are advised to stay tactical with duration and focus on selective credits for 2H 2025.

SEBI’s SIF framework opens doors for long-short equity mutual funds. Top asset managers gear up to serve HNIs with high-risk, high-reward strategies.

Following NIIs, retail investors showed strong interest, bidding for 44.27 Lakh shares against 51.73 Lakh shares reserved for them

The IPO of managed workspace provider Smartworks got off to a slow start, with the issue subscribed 17% till 12…

Travel Food Services IPO subscribed 2.88 times, raising ₹598.80 crore from anchor investors; company operates in airport F&B sector.

Travel Food Services' IPO witnessed a tepid response, subscribed only 27% by the final bidding day. Retail investors subscribed 31%, NIIs 28%, and QIBs 19%. Employee quota saw 80% subscription. The grey market premium indicated a modest listing gain. Ahead of the IPO, the company raised ₹599 crore from anchor investors.

Travel Food Services IPO closes today with muted investor interest, priced at ₹1,045-1,100 per share.

Travel Food Services IPO: Exchange data shows the IPO attracted bids for 18.33 lakh shares, compared to 1.34 crore shares available. The retail investor segment was subscribed at 18%, while Qualified Institutional Buyers (QIBs) subscribed 7% and Non-Institutional Investors (NIIs) 11%.

Travel Food Services IPO sees muted interest, priced at Rs 1,045-1,100 per share, with bids for 10% of shares.

On its debut, Travel Food Services' IPO garnered a modest 2% subscription, with retail investors showing slightly more interest at 3%. Non-institutional investors accounted for 1% of the uptake, while participation from Qualified Institutional Buyers is still awaited. Previously, the company secured Rs 599 crore from anchor investors.

Travel Food Services IPO opens with price band of Rs 1,045-1,100 per share, targeting airport F&B and lounge sectors.

Travel Food Services will launch its IPO on July 7. The IPO closes on July 9, 2025. The company aims to raise Rs 2,000 crore through an offer for sale. Anchor investors have already invested Rs 599 crore. The price band is set at Rs 1,045 to Rs 1,100 per share.

Travel Food Services raised Rs 599 crore from anchor investors ahead of its IPO opening on July 7. The allocation saw participation from major mutual funds, insurance firms, and global investors, reflecting strong pre-listing confidence in the company.