Axis Mutual Fund launches Axis Global Equity Alpha Fund of Fund

by News Team | Mutual Fund

NFO period: 04th September – 18th September, 2020

Highlights of the NFO:

  • Scheme type – An open ended fund of fund scheme investing in Schroder International Selection Fund Global Equity Alpha

  • Investment objective – To provide long term capital appreciation by predominantly investing in Schroder International Selection Fund Global Equity Alpha, a fund that aims to provide capital growth by investing in equity and equity related securities of companies worldwide. The scheme may also invest a part of corpus in debt, money market instruments and / or units of liquid schemes in order to meet liquidity requirements from time to time. 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 by investing in Schroder International Selection Fund Global Equity Alpha, an equity fund that aims to provide capital growth by investing in equity and equity related securities of companies worldwide.

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

  • Plan/ Options available – Regular Plan and Direct Plan having Growth Option and Dividend Option (Payout and Reinvestment facility).

  • Fund Managers – Mr. Hitesh Das and Mr. R. Sivakumar

  • Benchmark – MSCI World (Net TR)

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