BOI AXA MF Capital Protection Oriented Fund - Series 4, a close-ended capital protection oriented scheme.

BOI AXA Mutual Fund (MF) has launched a new fund named as BOI AXA MF Capital Protection Oriented Fund - Series 4, a close-ended capital protection oriented scheme.

The New Fund Offer price is Rs. 10 per unit.

The tenure of the scheme will be 36 months from the date of allotment. The new issue will open for subscription from 1 July to 15 July 2015.

The investment objective of the Scheme is to generate income by investing in a portfolio of fixed income and money market instruments maturing on or before the maturity date of the Scheme.
The scheme offers regular plan and direct plan. Both regular plan and direct plan offer growth option. option.

The scheme will invest 85% to 100% of assets in debt and money market securities with low to medium risk profile and invest upto 15% of assets in equity and equity related instruments with high risk profile

The minimum application amount is Rs. 5,000.

Entry load:
Nil.

Exit load:
Not Applicable.

Benchmark index for the scheme is CRISIL MIP Blended Fund Index.
The fund managers of the scheme are Mr. Alok Singh and Mr. Surabh Kataria.

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