Axis Mutual Fund launches Axis Global Innovation Fund of Fund

Mutual Fund
May 10, 2021 by Advisorkhoj Team | Mutual Fund | 9 Downloaded

NFO period: 10th May – 21st May, 2021

Highlights of the NFO:

  • Scheme type – An open ended fund of fund scheme investing in Schroder International Selection Fund Global Disruption

  • Investment objective – To provide long term capital appreciation by predominantly investing in units of Schroder International Selection Fund Global Disruption, an equity fund that aims to provide capital growth by investing companies worldwide which benefit from disruption and to invest a part of corpus in debt, money market instruments and / or units of liquid schemes in order to meet liquidity requirements from time to time. However, there can be no assurance that the investment objective of the scheme will be realized.

  • Product suitability – The product is suitable for investors who are seeking capital appreciation over long term by investing in Schroder International Selection Fund Global Disruption, an equity fund that aims to provide capital growth by investing companies worldwide which benefit from disruption.

  • 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 Income Distribution cum Capital Withdrawal (IDCW) (Payout and Re-investment Facility).

  • Fund Managers – Mr. Hitesh Das (for Foreign Securities) and Mr. R. Sivakumar (For Debt portion)

  • Benchmark – MSCI AC World (Net TR)

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

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