Axis Mutual Fund new issue closes on 30th August
Axis Mutual Fund has launched Axis Hybrid Fund-Series 2, a close-ended income scheme.
The investment objective of the scheme is to generate income by investing in high quality fixed income securities whilst the secondary objective is to generate capital appreciation by investing in equity and equity related instruments. The tenure of the scheme is three years.
The new issue closes on 30th August. The minimum investment amount is Rs5,000.
Crisil MIP Blended Index is the benchmark index. R Sivakumar and Jinesh Gopani are fund managers.
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This means access to other articles (outside the subscription period) are not included.
Articles outside the subscription period can be bought separately for a small price per article.
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