Axis Mutual Fund launches Axis Equity Hybrid Fund

Mutual Fund
Jul 20, 2018 by Advisorkhoj Team | Mutual Fund | 17 Downloaded

NFO period: 20th July – 03rd August, 2018

Highlights of the NFO:

  • Scheme type – An open ended hybrid scheme investing predominantly in equity and equity related instruments

  • Investment objective – To generate long term capital appreciation along with current income by investing in a mix of Equity and Equity related Instruments, debt Instruments and money market instruments. However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved. The Scheme does not assure or guarantee any returns.

  • Product suitability – The product is suitable for investors who are seeking capital appreciation along with generation of income over medium to long term by investing in equity and equity related instruments as well as debt and money market instruments.

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

  • Plan/ Options available – Regular Plan and Direct Plan having Growth Option and Dividend Option (Payout and Reinvestment Facility – Regular, Monthly and Quarterly frequency).

  • Fund Manager – Mr. Shreyash Devalkar, Mr. Ashish Naik and Mr. R. Sivakumar

  • Benchmark – CRISIL Balanced Fund Index

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

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