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Chandresh Nigam News

Axis MF may launch an offshore fund next year
Axis Mutual Fund, one of the recent entrants in the mutual fund industry, may launch an off- shore fund in the next six-eight months. It is also awaiting Securities and Exchange Board of India (Sebi) approval for venturing into portfolio management services (PMS), as it expected to launch the services in the last quarter of the present financial year, said Rajiv Anand, managing director and CEO,