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Schroder Singapore acquires 25% stake in Axis AMC

Private sector Axis Bank on Tuesday said Schroder Singapore Holding has acquired 25 percent stake in its subsidiary, Axis Asset Management Company.

Axis AMC launches 'Axis Focused 25 Fund'

The equity fund offer will be opened for subscription till June 25, and people can invest through monthly instalments of Rs 1,000 or a one-time investment of Rs 5,000, the company said.