Axis Mutual Fund launches Axis CPSE Plus SDL 2025 70:30 Debt Index Fund

NFO period: 10^th January – 20^th January, 2022

Highlights of the NFO:

• Scheme type – An open ended Target Maturity Index Fund investing in constituents of CRISIL IBX 70:30 CPSE Plus SDL – April 2025. A moderate interest rate risk and relatively low credit risk


• Investment objective – The investment objective of the scheme is to provide investment returns closely corresponding to the total returns of the securities as represented by the CRISIL IBX 70:30 CPSE Plus SDL – April 2025 before expenses, subject to tracking errors. 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 Income over long term by investing in state government securities (SDLs) similar to the composition of CRISIL IBX 70:30 CPSE Plus SDL – April 2025, subject to tracking errors.


• 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. Devang Shah and Mr. Kaustubh Sule


• Benchmark – CRISIL IBX 70:30 CPSE Plus SDL – April 2025