MUTUAL FUNDS
Axis Mutual Fund files offer document for CRISIL-IBX AAA Bond Financial Services - Dec 2026 Index Fund
Mar-01-2025
Axis Mutual Fund has filed offer document with SEBI to launch an open ended target Maturity Index Fund ‘Axis CRISIL-IBX AAA Bond Financial Services - Dec 2026 Index Fund'.The New Fund Offer price for units would be Rs 10 each during the NFO. Entry load and Exit will be nil. The Scheme offers Growth and Income Distribution Cum Capital Withdrawal Option for investment and seeks to collect a Minimum Target Amount of Rs 10 crore.

The performance of the scheme will be benchmarked against CRISIL-IBX AAA Financial Services Index - Dec 2026. The minimum application amount is Rs 5000 and in multiples of Re 1 thereafter.

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 - Dec 2026, subject to tracking error/ tracking difference.

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