There are things that you have always wanted. Some little, some not so little. Things that bring you and your family a lot of happiness. But seldom do we have a plan for these. Many of these desires simply lie at the back of our heads, almost forgotten, only because we have never put a date to them.
Well, here's an opportunity to put aside some money for these little desires. Investing in Axis Income Saver can help you plan for these with confidence. Confidence that comes from knowing that your investment is balanced between the stability of debt and potential growth of equity, and confidence that comes from knowing that your money will be managed with a focus on risk control. Click here to know more.
To invest in Axis Income Saver instantly, please visit www.axismf.com. You can also fill in the details alongside and our representative will contact you. |
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Statutory Details: Axis Mutual Fund has been established as a Trust under the Indian Trusts Act, 1882, sponsored by Axis Bank Ltd. (liability restricted to Rs. 1 Lakh). Trustee: Axis Mutual Fund Trustee Ltd. Investment Manager: Axis Asset Management Co. Ltd. (the AMC) Risk Factors: All Mutual funds and securities investments are subject to market risks and there is no guarantee that the investment objective of the scheme will be achieved. The NAV of units issued under the scheme can go up or down depending on various factors and forces affecting securities markets. Past performance of the Sponsor, its affiliates/the AMC/the mutual fund or its schemes does not indicate the future performance of the scheme. The sponsor is not liable or responsible for any loss or shortfall resulting from the operation of the scheme. Investments in the scheme are subject to various investment risks such as trading volumes, settlement risk, liquidity risk, default risk, risk of possible loss of principal, etc. Equity and equity related instruments are volatile by nature. For detailed risk factors, please refer to the SID. Mutual Fund Investments are subject to market risks. Read the Scheme Information Document and Statement of Additional Information (SID & SAI) carefully before investing. The term 'Income Saver' is only meant to denote the dual objectives of delivering regular returns and the endeavor to manage risk. The name of the scheme should in no way be construed as a guarantee or assurance of returns or capital invested in the scheme. Axis Income Saver (an open ended Income Fund) is only the name of the Scheme and does not in any manner indicate either the quality of the Scheme, its future prospects and returns. Investment objective: The Scheme seeks to generate regular income through investments in debt & money market instruments, along with capital appreciation through limited exposure to equity and equity related instruments. It also aims to manage risk through active asset allocation. It is suitable for an investment horizon of 2-4 years. Asset Allocation: Equity and Equity Related Instruments - 1 - 35%, Debt and Money Market Instruments - 65 - 99 % including securitized debt up to 65%, derivatives up to 100% and foreign securities up to 50% of the net assets. Load: Entry load - nil, exit load - 1% if redeemed/switched out within one year from date of allotment. Terms of issue & sale and redemption of units: Issue of Units of Rs. 10 each during the new fund offer and at NAV based prices thereafter. The scheme offers sale and redemption facility on all business days during the ongoing offer. The NAV of the scheme would be calculated for all business days. The SID & SAI/Key Information Memorandum cum Application form are available at AMC and Registrar offices and Investor Service Centres, the AMC website - www.axismf.com and with Distributors. |