Axis MF launches Axis NIFTY G Sec September 2032 Index Fund

NFO period: 06^th March – 13^th March, 2023

Highlights of the NFO:

• Scheme type – An open-ended Target Maturity Debt Index fund investing in constituents of NIFTY G-Sec September 2032 Index. A Relatively High Interest Rate Risk and Relatively Low Credit Risk


• Investment objective – The investment objective of the scheme is to provide investment returns corresponding to the total returns of the securities as represented by the NIFTY G-Sec September 2032 Index before expenses, subject to tracking errors. However, there is 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. The scheme that seeks to provide by investing returns corresponding to the total returns of the securities as represented by NIFTY GSec September 2032 Index, subject to tracking errors.


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


• Fund Managers – Mr. Aditya Pagaria and Mr. Hardik Shah


• Benchmark – NIFTY G-Sec September 2032 Index