Axis Smallcap 50 Index Fund – Axis Mutual Fund files offer document with SEBI
Axis Mutual Fund has filed offer document with SEBI to launch an Open Ended Index Fund tracking the NIFTY SMALLCAP 50 Index.
The New Fund Offer price is Rs.10 per unit. The objective of the scheme is to provide returns before expenses that closely correspondsto the total returns of the NIFTY SMALLCAP 50
The fund manager for this scheme is Mr. Jinesh Gopani
This product is suitable for investors who are seeking Long term wealth creation solution and an index fund that seeks to track returns by investing in a basket of Nifty Smallcap 50 Index stocks and aims to achieve returns of the stated index
The scheme asset allocation will be
- Equity instruments covered by Nifty Smallcap 50Index (95% – 100%)
- Debt & Money Market Instruments (Upto 5%)”
The riskometer for this scheme is Very High
Axis Smallcap 50 Index Fund Details
| Details | Description |
|---|---|
| Name of Mutual Fund | Axis Mutual Fund |
| Scheme Name | Axis Smallcap 50 Index Fund |
| About Scheme | an Open Ended Index Fund tracking the NIFTY SMALLCAP 50 Index |
| Offer of Unit | Rs.10 |
| Objective | to provide returns before expenses that closely correspondsto the total returns of the NIFTY SMALLCAP 50 |
| Name of Fund Manager | Mr. Jinesh Gopani |
| This product is suitable for investors who are seeking | Long term wealth creation solution An index fund that seeks to track returns by investing in a basket of Nifty Smallcap 50 Index stocks and aims to achieve returns of the stated index |
| The scheme asset allocation will be | Equity instruments covered by Nifty Smallcap 50Index (95% – 100%) Debt & Money Market Instruments (Upto 5%) |
| Riskometer | Very High |
| DRHP | Click here |