Axis Mutual Fund launches Axis ESG Equity Fund

Mutual Fund
Jan 22, 2020 by Advisorkhoj Team | Mutual Fund | 9 Downloaded

NFO period: 22nd January – 05th February, 2020

Highlights of the NFO:

  • Scheme type – An open ended equity scheme investing in companies demonstrating sustainable practices across Environment, Social and Governance (ESG) theme

  • Investment objective – To generate long term capital appreciation by investing in a diversified portfolio of companies demonstrating sustainable practices across Environmental, Social and Governance (ESG) parameters. However, there can be no assurance that the investment objective of the scheme will be achieved.

  • Product suitability – The product is suitable for investors who are seeking capital appreciation over long term by investing in companies demonstrating sustainable practices across Environment, Social and Governance (ESG) parameters.

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

  • Plan/ Options available – Regular Plan and Direct Plan having Growth Option and Dividend Option (Payout and Reinvestment facility).

  • Fund Managers – Mr. Jinesh Gopani and Mr. Hitesh Das (for Foreign Securities)

  • Benchmark – Nifty 100 ESG TRI

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

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