Is it time to Exit Axis Mutual Funds?
Axis Mutual Fund is a Fund House which is run by the Axis Bank and has been giving out constant results for over a decade in almost all their Mutual Funds whether it was Axis Large Cap Mutual Fund or Axis Small Cap Mutual Fund they all had some above average results and that was the reason I had invested quite heavily into almost all their Mutual Funds and I have had some decent results from these Mutual Funds but for the last couple of years things haven't been looking good for the Axis Mutual Fund Managers.
The thing is there have been some FRONTRUNNING issues with some of the Axis Mutual Fund Managers and that is the start of all the downfall of these Mutual Funds. Since then Axis Mutual Funds have just not gotten any traction and yes the markets have been on the bearish side but still Axis Mutual Funds seem to be taking the biggest beating of all.
Personally I feel like Axis Mutual Funds have lost the one thing that made them an interesting Investment option and that was their DOWNSIDE PROTECTION that they gave their users in any and all Markets. But now that the downside protection is not visible investors are very wary about wether they should keep investing in this fund or of they should just liquidate everything and look for a better option.