Axis Mutual Fund launches Axis CRISIL SDL 2027 Debt Index Fund

NFO period: 07^th February – 21^st February, 2022

Highlights of the NFO:

• Scheme type – An open ended Target Maturity Index Fund investing in constituents of CRISIL IBX SDL – May 2027 A Relatively High Interest Rate Risk and Relatively Low Credit risk


• Investment objective – The investment objective of the scheme is to provide investment returns closely corresponding to the total returns of the securities as represented by the CRISIL IBX SDL – May 2027 before expenses, subject to tracking errors. 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 Income over long term by investing in state government securities (SDLs) replicating the composition of CRISIL IBX SDL – May 2027, subject to tracking errors.


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


• Plan/ Options available – Direct Plan and Regular Plan having Growth and Income Distribution cum Capital Withdrawal (IDCW) (Payout and Re-investment Facility).


• Fund Managers – Mr. Kaustubh Sule and Mr. Hardik Shah


• Benchmark – CRISIL IBX SDL – May 2027