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News Axis MF launches Axis India Manufacturing Fund
Dec 1, 2023
Mutual Fund
Axis MF launches Axis India Manufacturing Fund
NFO period: 01st December – 15th December, 2023
Highlights of the NFO:
- Scheme type – An open-ended equity scheme representing the India manufacturing theme
- Investment objective – To provide long term capital appreciation by investing in equity and equity related securities of companies engaged in manufacturing theme. 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 capital appreciation over long term. An equity scheme by investing in Indian equity & equity related securities of companies engaged in manufacturing theme.
- Minimum Application Amount – First investment is Rs. 500/- 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).
- Fund Managers – Mr. Shreyash Devalkar and Mr. Nitin Arora
- Benchmark – NIFTY India Manufacturing TRI
(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)
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