Axis Bank (BOM: 532215)

About The Fund

Axis Bank, based in Mumbai, India, is a major private sector banking institution that segments its operations into Treasury, Retail Banking, Wholesale Banking, and Other Banking Business. With a global presence reinforced by international offices in locations including Singapore, Hong Kong, DIFC - Dubai International Financial Centre, Colombo, Shanghai, and representative offices in Dubai and Abu Dhabi, Axis Bank commands a significant international footprint. The bank's investment arm actively seeks opportunities primarily in the IT and TMT (Technology, Media, and Telecom) industries, with a specific investment range that sticks to a minimum and maximum of INR 864,320,000 (Indian Rupees Eight Hundred Sixty-Four Million Three Hundred Twenty Thousand). The governance of the firm's assets is under the purview of an experienced board of directors, ensuring strategic management and oversight. Axis Bank's suite of services extends beyond just banking, offering personal banking, internet banking, corporate and NRI banking services online. Additionally, the bank provides a diverse range of financial products for retail, agri, and rural markets and includes categories beginning from deposits, cards, loans, forex, and insurance, to investments in mutual funds, government products, and pension services. They emphasize digital savings and current accounts, including ones catered to niche demographics such as doctors and provide multiple deposit options with competitive interest rates. With dedicated programs for personal, car, and home loans and a broad forex card and exchange rate services, Axis Bank positions itself as a comprehensive financial solution provider. Their website also highlights various loan products, details on savings accounts, and other banking activities.