Axis MF introduces Crisil IBX 50:50 Gilt Plus SDL September 2027 Index Fund
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Axis Mutual Fund (MF) has launched Axis Crisil IBX 50:50 Gilt Plus SDL September 2027 Index Fund, an open-ended Target Maturity Index Fund investing in constituents of CRISIL IBX 50:50 Gilt Plus SDL Index - September 2027. Relatively High Interest Rate Risk and Relatively Low Credit risk. The NFO opens for subscription on February 08, 2023 and closes on February 21, 2023. The Entry load and the Exit load is nil for the scheme. The minimum subscription amount is Rs 5,000 and in multiples of 1 thereafter.
The performance of the scheme will be benchmarked against CRISIL IBX 50:50 Gilt Plus SDL Index - September 2027 and its fund managers are Aditya Pagaria & Sachin Jai.
The investment objective of the scheme is to provide investment returns corresponding to the total returns of the securities as represented by the CRISIL IBX 50:50 Gilt Plus SDL Index – September 2027 before expenses, subject to tracking errors.
