Schroders has launched its first UK-domiciled Indian equities fund in partnership with India's Axis Asset Management. The Schroder India Equity fund was launched on 7 June after "significant client demand" and will be run by Schroders' Asian investment team alongside Axis, a company in which Schroders owns a 25% stake. The firm said the fund will use a bottom-up, fundamental investment approach to invest in large-, mid- and small-cap Indian companies, or those that have a substantial business exposure to India. It will be, Schroders added, "a concentrated portfolio of our best ideas...
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