(As of 31 May, 2021)
NIFTY 50 Hybrid Shrt Dur Dbt 25:75
Investors understand that their principal will be at High Risk.
The investment objective of the Investment Plan(s) under the Scheme is to provide long-term capital appreciation / income by investing in a mix of equity, debt and other instruments to help investors meet their retirement goals. However, there can be no assurance that the investment objective of the Scheme will be achieved. To generate regular income through investments predominantly in debt and money market instruments and to generate long term capital appreciation by investing certain portion of the portfolio in equity and equity related securities. The Investment Plan may also invest in units of Gold ETF or units of REITs & InvITs for income generation / wealth creation.
N / A(If redeemed within 1825 days)
This fund is been allocated in various sectors including some of the prominent ones that are widely accepted and are creating a value of trust.
182 DTB 19082021
Rural Electrification Corporation Limited
Bank of Baroda
Power Finance Corporation Limited
For investors with a clear goal of having a corpus for their retirement phase, a Retirement Fund could be a good option. These come with a lock-in period of 5 years or until retirement, whichever is earlier. SEBI has purposefully mandated the lock-inso as to give impetus to long term saving as they also come with tax benefits. Also, there’s a pretty hefty exit load – 3 to 4%, in case of premature withdrawals. Given that they’re only been there since a few years, there are limited number of Retirement Funds today.
This fund is rated 0 stars by Morning Star Ratings.
Axis Mutual Fund has grown strongly since the time it launched its first scheme in October 2009. The vision statement of Axis Mutual Fund has been to responsibly manage money and risks to help people feel financially secure and confident of a brighter and prosperous future. We attribute our success, thus far, to Axis Mutual Fund’s 3 founding principles
Our product, sales and service strategy is entirely guided by this. We, at Axis Mutual Fund, aim to provide quality financial and investment solutions to help customers feel financially secure and confident of a brighter and prosperous future. We lay a strong emphasis on risk management and planning. We encourage our investors and our partners to take a holistic view which extends beyond mere investing surpluses to investing with an underlying dream, aspiration or goal.
Investment Philosophy of Axis Mutual Fund: