Axis Mutual Fund launches Axis Special Situations Fund

NFO period: 04^th December – 18^th December, 2020

Highlights of the NFO:

• Scheme type – An open ended equity scheme following special situations theme


• Investment objective – To generate long-term capital appreciation by investing in mis-priced stocks facing special situations. The mis-pricing of stocks can occur due to companies facing special situations like regulatory/policy changes, management restructuring, technology led disruption and innovation or any temporary challenges in the operating environment. 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 by investing in stocks based on special situations theme.


• 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 Dividend Option (Payout and Reinvestment facility).


• Fund Managers – Mr. Ashish Naik and Mr. Hitesh Das


• Benchmark – NIFTY 500 TRI