Axis Mutual Fund launches AXIS EQUITY SAVER FUND

Mutual Fund
Jul 22, 2015 by Advisorkhoj Team | Mutual Fund | 91 Downloaded

NFO period: 27th July – 10th August 2015

Highlights of the NFO:

  • Scheme type – An open ended equity scheme.

  • Investment objective – The investment objective of the scheme is to provide capital appreciation and income distribution to the investors by using equity and equity related instruments, arbitrage opportunities, and investments in debt and money market 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 providing capital appreciation and income distribution to the investors by using equity and equity related instruments, arbitrage opportunities, and investments in debt and money market instruments.

  • Minimum Application Amount – First investment Rs. 5000/- and multiples of Rs. 1/- thereafter.

  • Plan/ Options available – Regular Plans and Direct Plans having Growth Option, Dividend Payout & Dividend Reinvestment option (Monthly and Quarterly Dividend frequency)

  • Fund Managers – Mr. R. Sivakumar and Mr. Jinesh Gopani.

  • Benchmark – Crisil MIP Blended Fund Index

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

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