Axis Mutual Fund introduces Growth Opportunities Fund
Time - 01/10/2018 : 10:56
Axis Mutual Fund has launched the Axis Growth Opportunities Fund, an open ended equity scheme. The NFO opens for subscription on October 01, 2018 and closes on October 15, 2018. Entry load will be nil and exit load will be nil if redeemed or switched-out on or before 12 months from the date of allotment, 1% for remaining investments redeemed or switched-out on or before 12 months from the date of allotment and no exit load, if redeemed / switched - out after 12 months from the date of allotment. The minimum subscription amount is Rs 5,000 and in multiples of Rs 1 thereafter.
The schemes performance will be benchmarked against S&P BSE-200 Index and its fund managers are Jinesh Gopani and Hitesh Das.
The investment objective of the scheme is to generate long term capital appreciation by investing in a diversified portfolio of Equity & Equity Related Instruments both in India as well as overseas.
