Axis Mutual Fund launches Axis Hybrid Fund Series 29

Mutual Fund
Jan 14, 2016 by Advisorkhoj Team | Mutual Fund | 13 Downloaded

NFO period: 12th January – 25th January 2016

Highlights of the NFO:

  • Scheme type – A close ended debt scheme

  • Investment objective – To generate income by investing in high quality fixed income securities that are maturing on or before the maturity of the Scheme whilst the secondary objective is to generate capital appreciation by investing in equity and equity related 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 while generating income over medium to long term by investing in debt and money market instruments as well as equity and equity related instruments.

  • Minimum Application Amount – First investment Rs. 5000/- and multiples of Rs. 10/- thereafter.

  • Plan/ Options available – Regular Plans and Direct Plans having Growth Option & Dividend Option (Payout Facility).

  • Fund Managers – Mr. Devang Shah and Mr. Ashwin Patni

  • Benchmark – A combination of Crisil Composite Bond Fund Index (85%) and Nifty 50 Index (15%)

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

Locate Axis Mutual Fund Advisors in your city