Axis Mutual Fund new issue closes on 28th June
Axis Mutual Fund has launched Axis Fixed Term Plan-Series 14 (368 days), a close-ended income scheme.
The investment objective of the scheme is to generate returns through a portfolio of debt & money market instruments that are maturing on or before the maturity of the respective plan(s). The tenure of the scheme is 368 days.
The new issue closes on 28th June. The minimum investment amount is Rs5,000.
Crisil Short-Term Bond Fund Index is the benchmark index. Ninad Deshpande and Sivakumar are the fund managers.
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