Axis Long Bond Fund – Axis Mutual Fund files offer document with SEBI
Axis Mutual Fund has filed offer document with SEBI to launch An open ended debt scheme investing in instruments such that the Macaulay duration of the portfolio is greater than 7 years. Relatively High interest rate risk and Relatively Low Credit Risk.
The New Fund Offer price is Rs.10 per unit.
The objective of the scheme is to generate optimal returns consistent with moderate levels of risk. This income may be complemented by capital appreciation of the portfolio. Accordingly, investments shall predominantly be made in Debt & Money Market Instruments.
“The fund manager for this scheme is Mr. Devang Shah
Mr. Kaustubh Sule
Mr. Hardik Shah”
“This product is suitable for investors who are seeking Regular income over long term
Investment in Debt and Money Market instruments with portfolio Macaulay duration of greater than 7 years”
“The scheme asset allocation will be Debt Instruments & Money Market Instruments* (0-100%)
Units issued by REITs & InvI (0-10%)”
The riskometer for this scheme is Moderate
| Name of Mutual Fund | Axis Mutual Fund |
| Scheme Name | Axis Long Bond Fund |
| About Scheme | An open ended debt scheme investing in instruments such that the Macaulay duration of the portfolio is greater than 7 years. Relatively High interest rate risk and Relatively Low Credit Risk |
| Offer of Unit | Rs.10 |
| Objective | To generate optimal returns consistent with moderate levels of risk. This income may be complemented by capital appreciation of the portfolio. Accordingly, investments shall predominantly be made in Debt & Money Market Instruments. |
| Name of Fund Manager | Mr. Devang Shah Mr. Kaustubh Sule Mr. Hardik Shah |
| This product is suitable for investors who are seeking | Regular income over long term Investment in Debt and Money Market instruments with portfolio Macaulay duration of greater than 7 years |
| The scheme asset allocation will be | Debt Instruments & Money Market Instruments* (0-100%) Units issued by REITs & InvI (0-10%) |
| Riskometer | Moderate |
| DRHP | Click here |