| Axis Mutual Fund | |
| Scheme Name | Axis Retirement Savings Fund – Dynamic Plan |
| Objective of Scheme | The Investment Plan has a dual objective of generating capital appreciation by investing in equity and equity related securities as well as generating income by investing in debt and money market securities, while attempting to manage risk from the market through active asset allocation. The Investment Plan may also invest in units of Gold ETF or units of REITs & InvITs for income generation / wealth creation. |
| Scheme Type | Open Ended |
| Scheme Category | Solution Oriented Scheme – Retirement Fund |
| New Fund Launch Date | 29-Nov-2019 |
| New Fund Offer Closure Date | 13-Dec-2019 |
| Indicate Load Seperately | Entry Load-NA Exit Load-NA |
| Minimum Subscription Amount | Rs. 5,000/- and in multiples of Re. 1/- thereafter |
| For Further Details Please Visit Website | www.axismf.com |
| Axis Mutual Fund | |
| Scheme Name | Axis Retirement Savings Fund – Conservative Plan |
| Objective of Scheme | To generate regular income through investments predominantly in debt and money market instruments and to generate long term capital appreciation by investing certain portion of the portfolio in equity and equity related securities. The Investment Plan may also invest in units of Gold ETF or units of REITs & InvITs for income generation / wealth creation. |
| Scheme Type | Open Ended |
| Scheme Category | Solution Oriented Scheme – Retirement Fund |
| New Fund Launch Date | 29-Nov-2019 |
| New Fund Offer Closure Date | 13-Dec-2019 |
| Indicate Load Seperately | Entry Load-NA; Exit Load-Nil |
| Minimum Subscription Amount | Rs. 5,000/- and in multiples of Re. 1/- thereafter |
| For Further Details Please Visit Website | www.axismf.com |
| Axis Mutual Fund | |
| Scheme Name | Axis Retirement Savings Fund – Aggressive Plan |
| Objective of Scheme | To generate capital appreciation by predominantly investing in equity and equity related instruments. The Investment Plan may also invest in debt and money market instruments, units of Gold ETF or units of REITs & InvITs for income generation / wealth creation. |
| Scheme Type | Open Ended |
| Scheme Category | Solution Oriented Scheme – Retirement Fund |
| New Fund Launch Date | 29-Nov-2019 |
| New Fund Offer Closure Date | 13-Dec-2019 |
| Indicate Load Seperately | Entry Load-NA; Exit Load-Nil |
| Minimum Subscription Amount | Rs. 5,000/- and in multiples of Re. 1/- thereafter |
| For Further Details Please Visit Website | www.axismf.com |
Source from: www.amfiindia.com
Mutual Funds Based on Structure
Solution–oriented schemes: Include the schemes like childcare/gift or retirement schemes. These types of schemes are particularly helpful for the investors who are willing to create their retirement and children education or marriage corpus with mutual funds but lack in selecting mutual funds and balancing investment.
Mutual Funds Based on Structure
Open-Ended Funds: These are funds in which units are open for purchase or redemption through the year. All purchases/redemption of these fund units are done at prevailing NAVs. Basically, these funds will allow investors to keep investing as long as they want. There are no limits on how much can be invested in the fund. They also tend to be actively managed which means that there is a fund manager who picks the places where investments will be made. These funds also charge a fee which can be higher than passively managed funds because of the active management. They are an ideal investment for those who want investment along with liquidity because they are not bound to any specific maturity periods. Which means that investors can withdraw their funds at any time they want thus giving them the liquidity they need.
