BOI AXA Mutual Fund launches BOI AXA Arbitrage Fund

NFO period: 31^st May – 14^th June, 2018

Highlights of the NFO:

• Scheme type – An open ended scheme investing in arbitrage opportunities


• Investment objective – To generate income through arbitrage opportunities between cash and derivative segments of the equity market and arbitrage opportunities within the derivative segment and by deployment of surplus cash in debt securities and money market instruments. However, there is no assurance or guarantee that the investment objective of the scheme will be realized.


• Product suitability – The product is suitable for investors who are seeking income over short to medium term income through arbitrage opportunities between cash and derivative segments of the equity market and arbitrage opportunities within the derivative segment.


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


• Plan/ Options available – Regular Plan and Direct Plan having Growth, Dividend Payout & Dividend Re-investment Option.


• Fund Managers – Mr. Ajay Khandelwal


• Benchmark – NIFTY 50 Arbitrage Index