Axis MF introduces FTP- Series 114
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Axis Mutual Fund (MF) has launched Axis Fixed Term Plan (FTP) - Series 114 (83 Days), a Close ended debt scheme with Moderate Interest Rate Risk and Moderate Credit Risk. The NFO opens for subscription on March 17, 2023 and closes on March 23, 2023. The Entry load and Exit load is not applicable for the scheme. The minimum subscription amount is 5,000 and in multiples of Re 10 thereafter.
The performance of the scheme will be benchmarked against CRISIL Liquid Fund Index and its fund managers are Sachin Jain and Hardik Shah.
The investment objective of the scheme is to generate returns through a portfolio of debt & money market instruments that are maturing on or before the maturity of the Scheme.
