If you want to invest in India’s fast-growing service sector, there is a new chance for you.
Axis Mutual Fund has launched a new thematic equity fund called Axis Services Opportunities Fund.
This New Fund Offer (NFO) is open from July 4 to July 18, 2025.
It plans to invest in companies that earn by providing services in areas like financial services, IT, telecom, healthcare, e-commerce, logistics, fintech, and entertainment.
The fund will be managed by Shreyas Dewalkar, Sachin Relekar, and Krishna Narayan. You can start investing with just ₹100 and add more money later in multiples of ₹1.
If you withdraw your money before one year, there is a 1% exit charge. But, you can take out 10% of your total investment without any fee.
Axis Fund will use a bottom-up method to select stocks
Axis Asset Management says the fund will pick stocks using a bottom-up approach and keep a high active share in the portfolio.
It aims to invest in companies that are high quality, efficient in using capital, and have strong earnings and returns.
Service sector is driving India’s economic growth
B. Gopkumar, MD and CEO of Axis AMC, said, “India’s future growth will come from the service sector. This fund will focus on scalable businesses from both traditional and new service areas.”
In FY24, the service sector made up 55% of India’s GDP and provided 41% of jobs, making it the biggest part of the economy.
With more urbanization, digital use, and government 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 grows, our fund aims to back businesses that can create long-term value through smart use of capital.”
This fund also works alongside Axis AMC’s other thematic funds like Axis Consumption Fund and Axis India Manufacturing Fund, which invest in other key parts of India’s economy.
