Axis Bank Mutual Fund files offer document for its Axis Equity Opportunities Fund
Axis Bank Mutual Fund has filed a draft offer document with SEBI for its open ended equity scheme called - Axis Equity Opportunities Fund.
The scheme aims to generate long term capital appreciation by investing in a diversified portfolio of equity and equity related instruments across market capitalization. The scheme will be investing 80-100% in equity and equity related instruments and up to 20% in debt and money market instruments.
The benchmark of the scheme is S&P BSE 200 Index. The scheme has an exit load of 1% if redeemed within 12 months from the date of allotment.
The fund will be managed by Pankaj Murarka.
