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Company Overview

Company Overview

Axis mutual funds were launched in the year 2009 with an accomplished suite of 53 mutual fund schemes. Today, Axis mutual funds are available to customers in over 90 cities and have a customer base of over 7 lac investors.

Axis mutual funds are a professionally managed, pool of savings of a number of investors who share a common financial aim. This collated money is then invested into shares, debentures and securities. The income thus earned is shared by investors in ratio of the number of share units held by them.
Objective of the scheme

Investment objective

To provide capital appreciation by investing in a well diversified portfolio of stocks through fundamental analysis. however, there can be no assurance that the investment objective of the Scheme will be realized.

The fund construct shall allow investors to capture the goodness of equity markets with a relatively higher degree of steady performance.

The fund shall run a predominantly 70 Equity - 30 Debt portfolio. The benefit of such asset allocation is far reaching and is aptly captured in the graph below -



The investment strategy on Equity and fixed income book is as follows -



The fund employs a unique strategy to capture equity gains within the maturity period through use of trigger option. Illustration of the same is given below :



The markets are interestingly poised at this point of time and offer potential for attractive returns. Looking at linkages between Market Cap to GDP Ratio and future equity returns lends credibility to the potential of the markets

Fund Facts
NFO Open date 05/05/2017
NFO Close date 19/05/2017
New Fund Offer Price Rs.10 per unit
Fund Manager Mr. Shreyash Devalkar and Mr. Ashwin Patni
Plans and Options Regular and Direct Plan with Growth Option only
Minimum Application Amount Rs. 5,000 and in multiples of Re. 1 thereafter
Entry Load Nil
Exit Load Not applicable
This product is suitable for investors who are seeking* Capital appreciation over medium to long term investment in a diversified portfolio of predominantly equity and equity related instruments across market cap while managing risk through active hedging strategies
Benchmark Nifty 50 Index (75%) + CRISIL Composite Bond Fund Index (25%)
Liquidity Axis Equity Advantage Fund - Series 1 is a close ended equity scheme.
The scheme will mature under any one of the following 2 scenarios, whichever occurs first:-
- 1590 days from the date of allotment (including date of allotment) or
- the 10th business day from the day on which NAV of the Regular Plan of the scheme crosses Rs. 20/- (Trigger/ Trigger level).
(if that day is not business day, then next business day)
Note - The actual return of the respective Plans under the Scheme on maturity may be below or above the trigger level i.e. NAV of the Regular Plan of the Scheme crossing Rs. 20/- per unit depending on the equity market movements from the date of the NAV meeting the trigger level till the date of maturity during which the fund manager liquidates the entire portfolio.
Trigger/Trigger level Feature in this Scheme: In the event that the NAV of the Regular Plan of the Scheme crosses Rs. 20/- per unit, the Scheme will automatically be liquidated and the proceeds will be returned to the investors of both the Plans.
If the Direct Plan NAV crosses Rs. 20/- however the NAV of Regular Plan doesn't crosses the NAV of Rs. 20/-, then the redemption will not be triggered. It will happen only when the NAV of Regular Plan crosses Rs. 20/-.
Note: The final payout date for the Scheme, in the event the NAV of the Regular Plan of the Scheme meeting the Trigger level, would be publicly notified by the AMC after the occurrence of the Trigger.
Dividend Policy The Trustee will endeavor to declare the Dividend as specified, subject to availability of distributable surplus calculated in accordance with the Regulations. The actual declaration of Dividend and frequency will inter-alia, depend on availability of distributable surplus calculated in accordance with SEBI (MF) Regulations and the decisions of the Trustee shall be final in this regard.
There is no assurance or guarantee to the Unit holders as to the rate of Dividend nor that will the Dividend be paid regularly.
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SEBI/ Regulatory Registration Nos.: BSE:INB/INF 010607233 NSE:INB/INF/INE 230607239. Merchant Banking: INM000010973 DP Reg: IN-DP-CDSL-28-99 DP ID - CDSL 12013200
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