The Sunil Mittal-promoted Bharti Group is all set to enter the over Rs 3.5 lakh crore mutual fund industry in association with French company AXA, and announced an investment of up to Rs 1,500 crore in businesses covering financial services."We have already agreed upon entering the mutual fund and general insurance businesses in partnership with AXA, while the launch of a real estate fund is being examined," Sunil Mittal, chairman & managing director, Bharti Group, said.Mittal, however, said that there was no plan to get into banking services."AXA will be our partner in all financial services, and they are not into banking," Mittal said.
