BOI AXA Mutual Fund files offer document for its Capital Protection Oriented Fund – Series 3.
BOI AXA Mutual Fund has filed a draft offer document with SEBI for its close ended capital protection oriented scheme called – BOI AXA Capital Protection Oriented Fund – Series 3.
The scheme aims to seek capital protection on maturity by investing in fixed income securities maturing on or before the tenure of the scheme and to seek capital appreciation by investing in equity and equity related instruments.
The benchmark of the scheme is CRISIL MIP Blended Fund Index. The fund will be co-managed by Alok Singh and Saurabh Kataria.