Axis Mutual Fund launches Axis Quant Fund

Mutual Fund
Jun 11, 2021 by Advisorkhoj Team | Mutual Fund | 12 Downloaded

NFO period: 11th June – 25th June, 2021

Highlights of the NFO:

  • Scheme type – An open ended equity scheme following a quantitative model

  • Investment objective – To generate long-term capital appreciation by investing primarily in equity and equity related instruments selected based on a quantitative model. 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. An equity scheme that by investing in equity and equity related instruments selected based on quant model.

  • 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. Deepak Agarwal and Mr. Hitesh Das (for foreign securities)

  • Benchmark – S&P BSE 200 TRI

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

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