Axis Equity Advantage Fund - Series 1
Axis Mutual fund has launched new close ended equity oriented fund, Axis Equity Advantage Fund - Series 1.
NFO Period:-
May 05, 2017 To May 19, 2017.
Liquidity/ Maturity of Scheme:-
Axis Equity Advantage Fund - Series 1 is a close ended equity scheme.
The scheme will mature under any one of the following 2 scenarios, whichever occurs first:-
- 1590 days from the date of allotment (including date of allotment)
- 1590 days from the date of allotment (including date of allotment)
or
- the 10th business day from the day on which NAV of the Regular Plan of the scheme crosses Rs. 20/- (Trigger/ Trigger level). (if that day is not business day, then next business day)
- the 10th business day from the day on which NAV of the Regular Plan of the scheme crosses Rs. 20/- (Trigger/ Trigger level). (if that day is not business day, then next business day)
Benchmark Index:-
Nifty 50 Index (75%) + CRISIL Composite Bond Fund Index (25%).
Investment Objective:-
To
generate capital appreciation over medium to long-term from a
diversified portfolio of predominantly equity & equity related
instruments.It also aims to manage risk through use of active hedging
techniques. 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.
This Scheme is suitable for investors seeking:-
- Capital appreciation over long term.
- Investment in a diversified portfolio of predominantly equity and equity related instruments across market cap while managing risk through active hedging strategies.
Minimum Application Amount:-
Rs. 5000 and in multiple of Rs. 10 thereafter.
Being A Close Ended Scheme Investment is Possible only during NFO Period.
No Transaction Charges on any Investment Amount.
To Invest
To Apply offline Download KIM & Application Form Axis Equity Advantage Fund - Series 1
Cheque will be drawn in favor of Axis Equity Advantage Fund - Series 1.
You Can Also INVEST ONLINE.
To Download KYC Forms Click Here.
Application Forms can be sent at Your nearest KARVY Location.
Mutual Fund Investments are Subject To Market Risks Please read Offer Documents before Making Investments.
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