Axis 2050 Gilt Fund of Fund – Axis Mutual Fund files offer document with SEBI
Axis Mutual Fund has filed offer document with SEBI to launch an Open ended Target Maturity Fund of Fund Scheme investing in Axis 2050 Gilt ETF.
The New Fund Offer price is Rs 10 per unit. The objective of the scheme is to generate optimal returns over long term by investing primarily in Axis 2050 GILT ETF, an open ended target maturity Exchange Traded Fund with an objective to replicate Nifty G-Sec Dec 2050 Index.
The fund manager for this scheme is Mr.Kaustubh Sule.
This product is suitable for investors who are seeking, Income over long term and Investments in Axis 2050 Gilt ETF, an open-ended Target Maturity Exchange Traded Gilt Fund predominantly investing in constituents of Nifty G-Sec Dec 2050 Index
The scheme asset allocation will be Units of Axis 2050 Gilt ETF and Debt & Money Market Instruments
The riskometer for this scheme is Moderate
| Name of Mutual Fund | Axis Mutual Fund |
| Scheme Name | Axis 2050 Gilt Fund of Fund |
| About Scheme | An Open endedTarget MaturityFund of Fund Scheme investing in Axis 2050 Gilt ETF |
| Offer of Unit | Rs.10 |
| Objective | To generate optimal returns over long term by investing primarily in Axis 2050 GILT ETF, an open ended target maturity Exchange Traded Fund with an objective to replicate Nifty G-Sec Dec 2050 Index, subject to tracking errors. |
| Name of Fund Manage | Mr.Kaustubh Sule |
| This product is suitable for investors who are seeking | Income over long term Investments in Axis 2050 Gilt ETF, an open-ended Target Maturity Exchange Traded Gilt Fund predominantly investing in constituents of Nifty G-Sec Dec 2050 Index |
| The scheme asset allocation will be | Units of Axis 2050 Gilt ETF Debt and Money Market Instruments |
| Riskometer | Moderate |