The Competition Commission of India (CCI) has approved the acquisition of the portfolio management services business of Axis Securities Limited by Axis Asset Management Company Limited. The proposed combination is an acquisition by Axis Asset Management Company Limited (Acquirer) of the portfolio management services business of Axis Securities Limited (Transferor) in India (Target Business) from the Transferor. The Acquirer manages a mutual fund business and is also engaged in the business of provision of portfolio management services. The Acquirer has also established and manages alternative investment funds comprising of multiple strategies across Category II and Category III Alternative Investment Funds. The Target Business comprises of the portfolio management services business of the Transferor in India. The release was posted on February 18, 2026, at 2:29 PM by PIB Delhi. The Release ID is 2229543 and the visitor counter is 266.
Key Entities Referenced
Competition Commission of India (CCI): Approved the acquisition of portfolio management services business.
Axis Asset Management Company Limited: The acquirer of the portfolio management services business.
Axis Securities Limited: The transferor of the portfolio management services business.
Competition Commission of India
CCI approves acquisition of portfolio
management services business of Axis
Securities by Axis Asset Management Company
Posted On: 18 FEB 2026 2:29PM by PIB Delhi
The Competition Commission of India (CCI) has approved acquisition of portfolio management services
business of Axis Securities Limited by Axis Asset Management Company Limited.
The proposed combination is in the nature of an acquisition by Axis Asset Management Company Limited
(Acquirer) of the portfolio management services business of Axis Securities Limited (Transferor) in
India (Target Business) from the Transferor.
The Acquirer manages a mutual fund business and is also engaged in the business of provision of portfolio
management services. The Acquirer has also established and manages alternative investment funds
comprising of multiple strategies across Category II and Category III Alternative Investment Funds.
The Target Business comprises of the portfolio management services business of the Transferor in India.
Detailed order of the Commission will follow.
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(Release ID: 2229543) Visitor Counter : 266
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