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Sunday, January 9, 2022

NFO Review | AXIS NIFTY NEXT 50 INDEX FUND | Nivesh Gyan | Jignesh Parmar

 

 

AXIS NIFTY NEXT 50 INDEX FUND

An Open Ended Index Fund tracking the NIFTY NEXT 50 Index

 

The product labelling assigned during the New Fund Offer is based on internal assessment of the Scheme Characteristics or model portfolio and the same may vary post NFO when actual investments are made)

Offer of Units of Rs. 10 each during the New Fund Offer and Continuous offer for Units at NAV based prices

 

New Fund Offer Opens on     : 07 Jan 2022

:

New Fund Offer Closes on     : 21 Jan 2022

 

Scheme re-opens on or before

:

Within five Business Days from the date of allotment





 

Benchmark

Nifty Next 50 Index TRI

 

Minimum Application Amount

Rs. 5,000 and in multiples of Re. 1/- thereafter

 

Minimum Additional Purchase Amount

Rs. 1,000 and in multiples of Re. 1/- thereafter

Minimum application amount is applicable at the time of creation of new folio and at the time of first investment in a plan.

 

Plans and Options under the Scheme Plans

Axis Nifty Next 50 Index Fund - Regular Plan

Axis Nifty Next 50 Index Fund - Direct Plan

 

Options under each Plans

Growth

Income Distribution cum Capital Withdrawal (IDCW) (Pay out and Re-investment Facility)

 

Regular Plan

Regular Plan is available for investors who purchase /subscribe Units in a Scheme through a Distributor.

 

Direct Plan

Direct Plan is only for investors who purchase/ subscribe Units in a Scheme directly with the Fund and is not available for investors who route their investments through a Distributor.

 

Eligible investors / modes for applying

All categories of investors (whether existing or new Unit holders) as permitted under the Scheme Information Document of the Scheme are eligible to subscribe under Direct Plan. Investments under Direct Plan can be made through various modes offered by the Fund for investing directly with the Fund {except Platform(s) where investors’ applications for subscription of units are routed through Distributors}.

All the plans will have common portfolio.

 

Load Structure

 

Entry Load: Not Applicable

Exit Load:

 If redeemed or switched out within 7 days from the date of allotment: 1%

If redeemed / switched out after 7 days from the date of allotment: Nil

 

This product is suitable for investors who are seeking*:

 

 

 Long term wealth creation solution

 

An index fund that seeks to track returns by investing in a basket of Nifty Next 50 Index stocks and aims to achieve returns of the stated index, subject to tracking error.

 

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Open Free Demat account with Angel Broking and start treading now:

Open account with IIIFL securities and start treading now:

https://www.indiainfoline.com/clip/open-demat/jigeshkumarparmar

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Invest In Axis Mutual fund

https://www.axismf.com/international-mutual-funds/global-fof?utm_source=smarkerz&utm_medium=azr93mgj

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Invest in Best Mutual funds and stock market byIndia’s Leading Investment Platform

FundzBazar Website :

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FundzBazar Mobile Application : https://play.google.com/store/apps/details?id=com.fzb&referrer=7C7723--2364257C77232364257C7723246C3C3F63262F612A236425--7C7723

 Mutual funds investments are subject to market risk, read all scheme related documents before investing in mutual funds.

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Regards,

Team Nivesh Gyan

 

 

 

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