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Time of India

Axis Mutual Fund announces change in name of 2 equity funds

Axis Mutual Fund has announced the change in the name of two equity funds - Axis Bluechip Fund and Axis Growth Opportunities Fund . Axis Bluechip Fund will be known as Axis Large Cap Fund , whereas Axis Growth Opportunities Fund will be known as Axis Large & Mid Cap Fund . Also Read | Nifty still below peak, but why are these mutual funds at record-high NAVs? Play Video Pause Skip Backward Skip Forward Unmute Current Time 0:00 / Duration 0:00 Loaded : 0% 0:00 Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 1x Playback Rate Chapters Chapters Descriptions descriptions off , selected Captions captions settings , opens captions settings dialog captions off , selected Audio Track Picture-in-Picture Fullscreen This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Text Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Transparent Caption Area Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Drop shadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. Best MF to invest Looking for the best mutual funds to invest? Here are our recommendations. View Details » by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Play War Thunder now for free War Thunder Play Now Undo The fund house informed about these changes to the unitholders through a notice cum addendum. The changes will be effective from June 2. 'All references to the existing names appearing at all relevant places shall stand replaced with the revised names from the effective date, ' the addendum mentioned Live Events 'All other terms and conditions of the SID / KIM of the aforesaid Schemes and SAI of the fund remain unchanged. This addendum forms an integral part of the SID / KIM of the aforesaid Scheme and SAI of the fund, as amended from time to time, the addendum added. Axis Bluechip Fund is an open-ended equity scheme predominantly investing in largecap stocks. The scheme is benchmarked against BSE 100 TRI and is managed by Shreyash Devalkar, Jayesh Sundar, and Krishnaa Narayan. Also Read | 30 equity mutual funds multiply lumpsum investments by over 2 times in 3 years Axis Growth Opportunities Fund is an open-ended equity scheme investing in both largecap and midcap stocks. The scheme is benchmarked against Nifty Large Midcap 250 TRI and is managed by Shreyash Devalkar, Hitesh Das, and Krishnaa N. Axis Bluechip Fund had an AUM of Rs 33,218 crore and Axis Growth Opportunities Fund had an AUM of Rs 13,755 crore as on April 30, 2025.