Axis Bank Mutual Fund files offer document for its Axis Equity Opportunities Fund

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.