Axis Mutual Fund launches All Seasons Debt Fund of Funds
   Jan 10, 2020

Axis Mutual Fund has launched Axis All Seasons Debt Fund of Funds. It is an open ended fund of funds scheme investing in debt oriented mutual fund schemes.

The investment objective of the scheme is to generate optimal returns over medium term by investing primarily in debt oriented mutual fund schemes.

The performance of the fund will be benchmarked against NIFTY Composite Debt Index.

The fund will be managed by Mr. R. Sivakumar.

The NFO opens for subscription on January 10, 2020 and closes on January 24, 2020.

The New Fund Offer is priced at Rs 10 per unit and the minimum application amount for initial purchase is Rs 5000 and in multiples of Re 1 thereafter.

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