Mutual Fund company Axis Asset Management Company Limited has launched a New Fund Offer (NFO) named as Axis Dynamic Bond Fund (G), an open ended Debt scheme. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit and minimum application amount is Rs 5000. Its a Debt type of Mutual fund with long term horizon. This mutual fund has option of Quarterly Dividend, Half Yearly Dividend or Growth Option.
NFO Opens : 6th April 2011
NFO Closes : 20th April 2011.
The objective of the scheme would be to provide reasonable returns, The plan of the scheme will endeavour to generate optimal returns while maintaining liquidity through active management of a portfolio of debt and money market instruments.
Entry Load : 0.00 %
Exit Load: 0.50 % if redeemed / switched out within 6 months from date of allotment.
Registrar for this scheme is Karvy Computershare Pvt Ltd.
Mr Ninad Deshpande and Sivakumar will manage the fund.
For Further Details Please Visit Website : www.axismf.comGoogle+