Axis Mutual Fund introduces Multi-Asset Active FoF
Axis Mutual Fund has launched Axis Multi-Asset Active FoF, an open-ended fund of funds scheme investing in units of equity-oriented and debt-oriented mutual fund schemes and commodity based ETFs). The NFO opens for subscription on 21 November, 2025 and closes on 5 December, 2025. The Entry Load is not applicable for the scheme. Exit load will be nil for 10% of investment, and 1% for remaining investment if redeemed/ switched-out within 12 months from the date of allotment. If redeemed/ switched out after 12 months from the date of allotment the exit load will be nil. The minimum subscription amount Rs 100 and in multiples of Re 1 thereafter.
The performance of the scheme will be benchmarked against NIFTY 500 TRI (45%), NIFTY Composite Debt Index (45%), Domestic Price of Physical Gold (5%), Domestic Price of Physical Silver (5%) and its fund managers are Devang Shah, Aditya Pagaria, Shreyash Devalkar and Mayank Hyanki.
The investment objective of the scheme is to provide long-term capital appreciation by actively managing a portfolio of equity oriented and debt oriented mutual fund schemes and commodity based ETFs.
