Axis Mutual Fund has launched the Axis Momentum Fund, an open-ended equity scheme focusing on long-term capital appreciation through a momentum investment strategy, open for subscription from November 22 to December 6, 2024. Meanwhile, PGIM India Mutual Fund introduced the PGIM India Healthcare Fund, targeting the healthcare sector with a minimum of 80% investment in pharmaceutical and healthcare companies, available for subscription from November 19 to December 3, 2024. Both funds aim to leverage sector-specific growth while managing associated risks.