NFO : Axis Triple Advantage Fund (An open ended hybrid Fund)
Axis Triple Advantage Fund (An open ended hybrid Fund)
(GOLD | EQUITY | FIXED INCOME )
Axis Mutual Fund launched a new fund Axis Triple Advantage Fund consisting of Equity & Equity related instruments (30% - 40%), Debt & Money Market instruments (30% - 40%) and Gold Exchange Traded Fund (20% - 30%). Since this is a new blend of investment of three different category , thus this scheme cannot be compared with any other existing scheme. However, the fund house has set the benchmark as composit benchmark consisting of S & P CNX Nifty (35%), Crisil Composit Bond fund index (35%) and INR price of Gold (30%).
NFO Summary
- NFO Start Date: 30-June-2010
- NFO Close Date: 29-July-2010
- Scheme Re-opens for continuous sale/repurchase: 28-August, 2010
- Scheme Category: Gold ETF, Equity & Debt/Money Market instruments
- Scheme Type: Open Ended
- Entry Load: Nil
- Exit Load: 1% if redeemed/switchedout within 1 year from date of allotment
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Offer Price: Rs. 10.00
- Minimum Subscription: Rs. 5,000.00 and additional in multiple of Rs 1/- thereafter.
- NRI/FII can apply
- Plan/Option: Growth& Dividend ( Payout & Reinvestment)
- Download Application Form
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