Axis Mutual Fund appointed The Womb as its creative agency which will work on strategic direction to the brand as well as on its creative expressions.
Rohan Padhye, Vice President, Marketing Communication and Digital Marketing, said, â€śThe mutual fund category is witnessing inevitable growth. In the context of changing consumer preferences and market dynamics, we wanted a strategic firm to be associated with us.â€ť
â€śWhat we liked about The Womb is the passion they share about nurturing and building brands with different challenges which resonates with our thinking. Also, more importantly, we found the right balance of strategic and creative capabilities to be able to create compelling communication to grow not just our business, but also our share in the category,â€ť he added.
Navin Talreja, Co-Founder, The Womb, said, â€śI have done CMO duties at a bank before, and this gets me back into the business of money. So I am excited. We have to, as a team, up AXIS MFâ€™s mindshare and business in the extremely competitive mutual funds category.Â The brand teams at Axis MF, and the agency team are raring to go. Our mandate is deep and wide â€“ to define the Axis MF brandâ€™s core within the ambit of the overall Axis brand, create its own unique positioning, as well as integrate communications across the wide set of stake-holders they address.â€ť
Commenting on the win, Kawal Shoor, Co-Founder, The Womb, said, â€śClearly, as returns from other traditional asset classes like real estate, gold and fixed deposits climb down to realistic levels, mutual funds will inevitably become a strong alternative to invest in. It has already started happening, and the timing of the start of The Wombâ€™s association with Axis MF couldnâ€™t be better. We will aim to garner for Axis MF a disproportionate share of investible assets from the progressive Indian families, by garnering a disproportionate share of attention and relevance for Axis MF thruâ€™ our communications.â€ť