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Axis Mutual Fund Launches Axis Nifty 100 Index Fund | Sep 27 – Oct 11
Axis Nifty 100 Index Fund
Interests in shared store units include venture dangers, for example, exchanging volumes, settlement dangers, liquidity and default dangers including the conceivable loss of head. Pivot shared reserve comes out with another new store offer. Axis MF NFO named as Axis Nifty 100 Index Fund. It will open for membership on 27th September 2019.
Axis AMC has consistently offered the best quality items to the financial specialist's reason for their requirements. It means to convey consistent execution in each store oversaw. There are a ton of chances in the market for long haul ventures. Pivot's new reserve offer will assist financial specialists with looking for remarkable riches creation openings.
Essential Details of Axis Nifty 100 Index Fund
Store House Axis Mutual Fund
Store Name Axis Nifty 100 Index Fund
NFO Period Sep 27 to Oct 11, 2019
Benchmark Nifty 100 Index
Store Manager Ashish Nail
NFO Type Open-Ended Index Fund
Least Application amount Rs 5000 and in products of Re. 1 from that point
The new store offer ...
... will permit speculators to contribute through SIPs, STPs, and FlexSIP/STO incorporates single amount venture strategies.
It is an open-finished record finance. The Scheme will close on eleventh October 2019. The plan is accessible in both Direct and Regular plans alongside profit and development choices.
Speculators should contribute at least Rs 5,000 and from that point Re 1. Besides, one should pay at least Rs 1,000 and in products of Re 1 for extra speculation/repurchase of units.
The section load doesn't make a difference to this plan. In any case, a 1% leave burden will charge if units are reclaimed inside 7 days from the date of speculation.
Objects of Issue:
The primary target of the plan is to give exceptional yields before costs that intently relate to the all out returns of the Nifty 100 subjects to following blunders.
The plan will oversee by Ashish Nail. Clever 100 Index will be the benchmark of the plan.
Resource Allocation Pattern
Instruments Indicative Allocations (% of all out resources) Minimum-Maximum Risk Profile High/Medium/Low
Stocks Comprising Nifty 100 95% 100% High
Obligation and currency showcase instruments 0% 5% Low to Medium
Note: Axis' new NFO is an open-finished Index support following the Nifty 100 record. The new plan is offered by Axis Mutual Fund and is certifiably not a minor change of some other existing plan or result of Axis shared store.
Disclaimer: This post is only data about the plan. It doesn't offer any guidance or suggestion. Kindly read the offer report cautiously and counsel your speculation counselor before contributing.
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