Axis MF launches Axis CRISIL IBX AAA Bond NBFC HFC Jun 2027 Index Fund

NFO period: 06^th December - 10^th December, 2024

Highlights of the NFO:

• Scheme type - An open-ended Target Maturity index fund investing in constituents of CRISILIBX AAA NBFC-HFC Index - Jun 2027. A moderate interest rate risk and relatively low credit risk


• Investment objective - The investment objective of the scheme is to provide investment returns before fees and expenses that closely corresponds to the total returns of the securities as represented by the CRISIL- IBX AAA NBFC-HFC Index - Jun 2027, subject to tracking error. There is no assurance that the investment objective of the scheme will be achieved.


• Product suitability - This product is suitable for investors who are seeking income over the target maturity period an open ended target maturity index fund tracking CRISILIBX AAA NBFCHFC Index - Jun 2027, subject to tracking error.


• Minimum Application Amount - First investment is Rs. 5,000/- and in multiple of Rs. 1/- thereafter


• Plan/ Options available - Direct Plan and Regular Plan having Growth and Income Distribution cum capital withdrawal (IDCW) option. Under the IDCW option, facility for Payout of Income Distribution cum capital withdrawal option (IDCW Payout), Reinvestment of Income Distribution cum capital withdrawal option (IDCW Re-investment).


• Fund Managers - Mr. Aditya Pagaria


• Benchmark - CRISIL-IBX AAA NBFC-HFC Index - Jun 2027