As Axis MF communicated, there is a strong correlation between their performance and FII inflow. As can be seen below, they are topping charts for last 3 months when FIIs are back. 2022 was extraordinary FII selling which reflects in the performance of Axis, ASK and Marcellus. If FII continue buying like last 3 months for rest of the months – Axis, ASK and Marcellus will start outperforming again in my judgement
I am convinced on Axis delivering returns over long term. I also believe they execute better than ASK and Marcellus.
| Subscribe To Our Free Newsletter |
