Axis Mutual Fund launches Axis CRISIL IBX AAA Bond Financial Services Sep 2027 Index Fund

NFO period: 08^th November - 21^st November, 2024

Highlights of the NFO:

• Scheme type - An open-ended Target Maturity Index Fund investing in constituents of CRISILIBX AAA Financial Services Index - Sep 2027. A moderate interest rate risk and relatively low credit risk


• Investment objective - The investment objective of the scheme is to provide investment returns before fees and expenses that closely corresponding to the total returns of the securities as represented by the CRISIL-IBX AAA Financial Services Index - Sep 2027, subject to tracking error/ tracking difference. There is no assurance that the investment objective of the scheme will be achieved.


• Product suitability - This product is suitable for investors who are seeking income over the target maturity period an open ended target maturity index fund tracking CRISILIBX AAA Financial Services Index - Sep 2027, subject to tracking error/tracking difference.


• 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 Income Distribution cum Capital Withdrawal (IDCW) (Payout and Re-investment Facility) Option.


• Fund Managers - Mr. Aditya Pagaria


• Benchmark - CRISIL-IBX AAA Financial Services Index - Sep 2027