MUTUAL FUNDS
Axis Mutual Fund files offer document for CRISIL-IBX Financial Services 3-6 Months Debt Index Fund
May-19-2025

Axis Mutual Fund has filed offer document with SEBI to launch an open-ended Constant Maturity Index Fund named ‘Axis CRISIL-IBX Financial Services 3-6 Months Debt Index Fund'. The New Fund Offer price will be Rs 10 each. Entry load and Exit load will be NIL. The Scheme offers Growth Option and Income Distribution Cum Capital Withdrawal Option for investment and seeks to collect a Minimum Target Amount of Rs 75 crore.

The performance of the scheme will be benchmarked CRISIL-IBX Financial Services 3-6 Months Debt Index. The minimum application amount is 5000 and in multiples of Rs 1 thereafter.

The investment objective of the scheme is to provide returns corresponding to the total returns of the securities as represented by the CRISIL-IBX Financial Services 3-6 Months Debt Index before expenses, subject to tracking errors/tracking difference.


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