{"id":31307,"date":"2025-01-17T16:55:13","date_gmt":"2025-01-17T11:25:13","guid":{"rendered":"https:\/\/www.fundsindia.com\/blog\/?p=31307"},"modified":"2025-01-17T16:55:14","modified_gmt":"2025-01-17T11:25:14","slug":"important-changes-in-axis-all-seasons-debt-fund-of-funds","status":"publish","type":"post","link":"https:\/\/www.fundsindia.com\/blog\/bulletin\/important-changes-in-axis-all-seasons-debt-fund-of-funds\/31307","title":{"rendered":"Important Changes in Axis All Seasons Debt Fund of Funds"},"content":{"rendered":"\n<p>Dear Investor, We wish to inform you about an addendum issued for Axis All Seasons Debt Fund of Funds detailing significant changes to the scheme&#8217;s features, effective February 14, 2025.<\/p>\n\n\n\n<h3>Key Changes in the Scheme:<\/h3>\n\n\n\n<ol><li>Scheme Name Change:<ul><li>Old Name: Axis All Seasons Debt Fund of Funds<\/li><li>New Name: Axis Income Advantage Fund of Funds<\/li><\/ul><\/li><li>Investment Strategy Update:<ul><li>The scheme will now invest in debt-oriented mutual funds and arbitrage funds, which may impact the scheme\u2019s Risk-o-Meter.<\/li><\/ul><\/li><li>Revised Asset Allocation:<ul><li>Debt Mutual Funds: 50% &#8211; 100%<\/li><li>Arbitrage Funds: 0% &#8211; 45%<\/li><li>Money Market Instruments: 0% &#8211; 5%<\/li><\/ul><\/li><li>Benchmark Change:<ul><li>Old Benchmark: NIFTY Composite Debt Index<\/li><li>New Benchmark: 65% NIFTY Composite Debt Index + 35% Nifty 50 Arbitrage TRI<\/li><\/ul><\/li><\/ol>\n\n\n\n<p><strong>Exit Option for Existing Investors<\/strong><\/p>\n\n\n\n<p>Investors who do not wish to continue with the revised scheme can exit between January 15, 2025, and February 13, 2025, without incurring any exit load.<\/p>\n\n\n\n<ul><li>You can redeem or switch units via official acceptance points, investor service centers, or Demat providers.<\/li><li>Note: Tax implications may apply. NRIs will be subject to TDS as per applicable tax laws.<\/li><\/ul>\n\n\n\n<p>For more details, please read the <a href=\"https:\/\/fundsindia-marketing-assets.s3.ap-south-1.amazonaws.com\/108.+Notice+cum+addendum+-+Change+FA+All+Seasons+Debt+FoF-1-25.pdf\" target=\"_blank\" rel=\"noreferrer noopener\">addendum<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Dear Investor, We wish to inform you about an addendum issued for Axis All Seasons Debt Fund of Funds detailing significant changes to the scheme&#8217;s features, effective February 14, 2025. Key Changes in the Scheme: Scheme Name Change: Old Name: Axis All Seasons Debt Fund of Funds New Name: Axis Income Advantage Fund of Funds [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[632],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v17.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Important Changes in Axis All Seasons Debt Fund of Funds<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.fundsindia.com\/blog\/bulletin\/important-changes-in-axis-all-seasons-debt-fund-of-funds\/31307\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Important Changes in Axis All Seasons Debt Fund of Funds\" \/>\n<meta property=\"og:description\" content=\"Dear Investor, We wish to inform you about an addendum issued for Axis All Seasons Debt Fund of Funds detailing significant changes to the scheme&#8217;s features, effective February 14, 2025. 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