Axis Mutual Fund launches Axis Consumption Fund

NFO period: 23^rd August - 06^th September, 2024

Highlights of the NFO:

• Scheme type - An open ended equity scheme following consumption theme.


• Investment objective - To provide long term capital appreciation from an actively managed portfolio of equity and equity related securities of companies engaged in consumption and consumption related sector or allied sectors. 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 capital appreciation over long term. An equity scheme investing in equity & quity related securities of companies engaged in consumption and consumption related sector or allied sectors.


• Minimum Application Amount - Rs. 100 and in multiples of Re. 1/- thereafter.


• Plan/ Options available - Direct Plan and Regular Plan having Growth and Income Distribution cum Capital Withdrawal (IDCW) Option.


• Fund Managers - Mr. Shreyash Devalkar, Mr. Hitesh Das and Ms. Krishnaa Narayan


• Benchmark - Nifty India Consumption TRI.