Axis Mutual Fund launches Axis Equity ETFs FOF

NFO period: 04^th February – 18^th February, 2022

Highlights of the NFO:

• Scheme type – An open ended fund of fund scheme predominantly investing in units of domestic equity ETFs


• Investment objective – To provide long-term capital appreciation from a portfolio investing predominantly in units of domestic equity ETFs. There is no assurance that the investment objective of the scheme will be realized. 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 predominantly in units of domestic Equity Exchange Traded Funds.


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


• Fund Managers – Mr. Shreyash Devalkar


• Benchmark – NIFTY 500 TRI