Live
Axis Mutual Fund, will be launching an open ended equity scheme which will invest in a diversified portfolio of stocks across market caps.
The Axis Multicap Fund scheme will be opening for subscription on October 30 and close on November 13. In this 80% of the funds will be utilized in equity and equity-related securities, and the balance in debt and money market instruments.
As per Chandresh Kumar Nigam, Managing Director & Chief Executive Officer, Axis Mutual Fund, “We believe that this fund is suitable for all class of investors to help them participate in wealth creation and compounding potential of equity over the long term,”
