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Mumbai, Sept. 4 Bharti AXA Investment Managers, a joint venture between Bharti Ventures Ltd, AXA Investment Managers and AXA Asia Pacific Holdings launched their equity fund on Thursday. The ‘Bharti AXA Equity’ Fund seeks to generate long term capital appreciation from a diversified portfolio of predominantly equity and equity-related securities including equity derivatives. The new fund offer will close on October 1. The fund is an open ended equity growth fund, which will be benchmarked against S&P CNX Nifty. “The markets have seen downside for quite a while now and we believe that there is enough opportunity available in the market at attractive valuations”, said Mr Prateek Agarwal, Head-Equity, Bharti AXA Investment Managers.

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