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Axis MF Unveils Close-Ended Scheme

Axis Mutual Fund has rolled out a close-ended fixed term debt scheme.

    Axis Mutual Fundhas rolled out a close-ended fixed term debt scheme,MoneyGuru Indiareports. TheAxis Fixed Term Plan – Series 14 (368 days)aims to generate returns through a portfolio of debt and money market instruments that are maturing on or before the maturity of the plan.

    The scheme will offer growth and dividend options. The benchmark index for the scheme is theCRISIL Short Term Bond Fund IndexandNinad DeshpandeandSivakumarare its portfolio managers.

    Click here for the story fromMoneyGuru India.

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