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Axis Smallcap 50 Index Fund – Axis Mutual Fund files offer document with SEBI

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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

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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

DetailsDescription
Name of Mutual FundAxis Mutual Fund
Scheme NameAxis Smallcap 50 Index Fund
About Schemean Open Ended Index Fund tracking the NIFTY SMALLCAP 50 Index
Offer of UnitRs.10
Objectiveto provide  returns  before  expenses  that  closely  correspondsto  the  total  returns  of  the NIFTY SMALLCAP 50
Name  of  Fund ManagerMr.  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 beEquity instruments covered  by Nifty Smallcap 50Index (95% – 100%)
Debt & Money Market Instruments (Upto 5%)
RiskometerVery High
DRHPClick here
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