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Axis Mutual Fund launches Axis ESG Equity Fund

by News Team | Mutual Fund

NFO period: 22nd January - 05th February, 2020

Highlights of the NFO:

  • Scheme type - An open ended equity scheme investing in companies demonstrating sustainable practices across Environment, Social and Governance (ESG) theme

  • Investment objective - To generate long term capital appreciation by investing in a diversified portfolio of companies demonstrating sustainable practices across Environmental, Social and Governance (ESG) parameters. However, there can be no assurance that the investment objective of the scheme will be achieved.

  • Product suitability - The product is suitable for investors who are seeking capital appreciation over long term by investing in companies demonstrating sustainable practices across Environment, Social and Governance (ESG) parameters.

  • Minimum Application Amount - First investment is Rs. 5,000/- and in multiple of Rs. 1/- thereafter

  • Plan/ Options available - Regular Plan and Direct Plan having Growth Option and Dividend Option (Payout and Reinvestment facility).

  • Fund Managers - Mr. Jinesh Gopani and Mr. Hitesh Das (for Foreign Securities)

  • Benchmark - Nifty 100 ESG TRI

(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)