Tag Archives: Momentum

Axis Bluechip Fund bests rivals by staying clear of momentum stocks, mid-caps

Axis Asset Management Co manages around $12 billion in assets. Photo: Bloomberg Sticking with financial stocks and not chasing returns has helped Axis Asset Management Co. to ride the wave of volatility in Indian markets that has hammered many of its competitors. The Axis Bluechip Fund is up 25% over the past year, beating nine index funds and 35 other ... Read More »

India Need to Keep Reform Momentum Going: Jaitley

New Delhi: As the global environment becomes extremely difficult and challenging, India will need to keep the reform momentum going while putting resources in areas where it lacks, Finance Minister Arun Jaitley said today. Speaking at the opening day of the three-day India-IMF Conference ‘Advancing Asia: Investing for the Future’, he hoped to get through some important measures over the ... Read More »