Axis Mutual Fund launches Axis Corporate Debt Opportunities Fund

Mutual Fund
Jun 23, 2017 by Advisorkhoj Team | Mutual Fund | 9 Downloaded

NFO period: 23rd June – 07th July, 2017

Highlights of the NFO:

  • Scheme type – An Open-ended Debt Scheme

  • Investment objective – The scheme seeks to provide steady income and capital appreciation by investing in corporate debt. There is no assurance or guarantee that the objectives of the scheme will be realized.

  • Product suitability – The product is suitable for investors who are seeking regular income over short to medium term predominantly investing in corporate debt.

  • Minimum Application Amount – First investment is Rs. 5,000/- and in multiples of Rs. 1/- thereafter

  • Plan/ Options available – Regular Plan and Direct Plan. Both the plans offer the following Options –

    • Growth Option

    • Dividend Option

    • Daily (Reinvestment)

    • Weekly (Payout & Reinvestment)

    • Monthly (Payout & Reinvestment)

    • Regular (Payout & Reinvestment)

  • Fund Manager – Mr. Devang Shah

  • Benchmark – CRISIL Short Term Bond Fund Index

(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)

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