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Axis Mutual Fund launches Axis Multicap Fund

Nov 26, 2021 by News Team

NFO period: 26th November – 10th December, 2021

Highlights of the NFO:

  • Scheme type – An open ended equity scheme investing across large cap, mid cap, small cap stocks

  • Investment objective – To generate long term capital appreciation by investing in a diversified portfolio of equity and equity related instruments across market capitalization. However, there is no assurance or guarantee 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 by investing in a portfolio of large, mid and small cap equity and equity related securities.

  • Minimum Application Amount – First investment is Rs. 5,000/- and in multiple of Rs. 1/- thereafter

  • Plan/ Options available – Regular Plan and Direct Plan. Each plan under the scheme offers Growth and Income Distribution cum Capital Withdrawal (IDCW) (Payout and Re-investment Facility).

  • Fund Managers – Mr. Anupam Tiwari and Mr. Sachin Jain (for debt Securities)

  • Benchmark – NIFTY 500 Multicap 50:25:25 Index

(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)