AXIS Mutual Fund has launched the New Fund Offer (NFO) of AXIS Fixed Term Plan - Series 65 (693 days), a close ended income scheme. The NFO opens for subscription on May 06, 2014 and closes on May 12, 2014. No entry load or exit load will be applicable for the scheme. The minimum subscription amount is Rs 5000 and in multiples of Rs.10 thereafter.
The scheme’s performance will be benchmarked against CRISIL Short Term Bond Fund Index and its fund manager is Kedar Karnik.
The investment objective of the scheme is to generate returns through a portfolio of debt & money market instruments that are maturing on or before the maturity of the respective plan(s).
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Tuesday 6 May 2014
AXIS MF introduces Fixed Term Plan - Series 65 (693 days)
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