Investment Objective
To provide long term capital appreciation from an actively managed portfolio of equity and equity related securities of companies engaged in consumption and consumption related sector or allied sectors. There is no assurance that the investment objective of the Scheme will be achieved
| Fund Overview | |
|---|---|
| Exit Load | Nil |
| Min. SIP Amount | ₹500 |
| Min. LumpSum Amount | ₹100 |
| Launch Date | 23rd Aug 2024 |
| End Date | 6th Sept 2024 |
| Allotment Date | 12th Sept 2024 |
| NAV | ₹10.00 |
| Stamp Duty | 0.005% |
| Lock in | Nil |
| Scheme Benchmark | Nifty India Consumption TRI |
| Risk | Very High |
| Scheme Category | Sectoral / Thematic |
| Fund Manager | Shreyash Devalkar |
| AMC Details | |
|---|---|
| AMC Name | Axis Mutual Fund |
| RTA | KFin Technologies Ltd. |
| Total AUM | ₹ 3,08,729.33 Cr |
| Total Schemes | 59 |
How to apply for this NFO?
To apply for this New Fund Offer (NFO), download the Dhan App today!
About Axis Mutual Fund.
Since its founding in 2009, Axis Mutual Fund AMC, a subsidiary of Axis Bank, has grown into a trusted leader in India’s mutual fund industry. By March 31, 2024, it managed an impressive Rs. 2.74 lakh crores in assets, reflecting its commitment to clear communication, long-term wealth creation, and enduring client relationships.
With a presence in over 100 Indian cities and investment teams across 19 nations, Axis Mutual Fund employs a disciplined ‘Bottom up’ approach, focusing on fundamentally sound companies. Their flagship funds—Axis ELSS Tax Saver, Axis Bluechip, and Axis Liquid—are top performers, earning the trust of millions of investors.
Axis Mutual Fund’s success lies in its ability to make complex investments understandable, helping individuals build wealth with confidence, and solidifying its place as a cornerstone of India’s financial landscape.
Happy Investing,
Saurav Parui