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| Name of the scheme | 1-year back | Invest now | Fund category | expense ratio |
|---|---|---|---|---|
| Axis Nifty 50 Index Fund | +32.80% | Invest now | Equity: Big Cap | 0.12% |
| Axis Nifty 100 Index Fund | +38.59% | Invest now | Equity: Big Cap | 0.21% |
| Axis Nifty Next 50 Index Fund | +71.83% | Invest now | Equity: Big Cap | 0.25% |
| Axis Nifty 500 Index Fund | , | Invest now | Equity: Flexi Cap | 0.10% |
| Axis Nifty Midcap 50 Index Fund | +46.03% | Invest now | Equity: Mid Cap | 0.28% |
The new fund offer (NFO) opens for membership today and closes on January 28, 2025.
Here are some features of Union Short Duration Fund
Exit load: Admission load is not applicable to the scheme. The exit will load – 1% if the units are redeemed or switched out before the completion of 15 days from the date of allotment and the date of the nil – if the units are roasted or switched after the completion of 15 days from the date of allocation of units Is dismissed.
Minimum membership: The minimum amount to subscribe to the fund 1,000 and in multiples 1 after this.
Plan benchmark: Performance of the scheme will be benchmark with Crisil short term loan A-II index.
Fund manager: The manager of the new scheme is Anindya Sarkar and Shrenuj Parekh.
Purpose of the scheme: The investment objective of the scheme is to provide proper returns and liquidity by investing in a range of loan and money market instruments while maintaining the balance of security, liquidity and returns.
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first published: January 15, 2025 4:41 pm First
(Tagstotransite) NFO (T) New Fund Off (T) Union Mutual Fund NFO
