15/05/2017
*NFO Details :-*
🥁 *Scheme Name:* Axis Equity Advantage Fund Series 1
🥋 *Type:* A Close Ended Equity Scheme
🎭 *Benchmark:* Nifty 50 Index (75%) + Crisil Composite Bond Fund Index (25%)
🎷 *NFO Period:* (5th May – 19th May) 2017
🎳 *Minimum Investment:* Rs 10000 and in multiples of Re 1 thereafter
🎯 *Option:* Regular Growth Only
🎲 *Why invest?*
If you are looking for an investment option that can work to your advantage, this is the fund for you. Just like in a game of cricket, where the batsman strategizes to play aggressively as well as steadily, this fund enables you to do the same. It invests in equities to enable growth, and also in debt instruments and the money market to provide stability. Hence delivering a better risk adjusted returns.
🤹♂ *Investment Approach:*
🔷(65 – 70)% Equity – Actively managed, pure bottom up stock picking focused on fundamentals
🔹Diversified portfolio without any capitalization bias
🔹Maintain a portfolio of quality businesses with secular growth prospects
🔶(30 – 35)% Fixed Income will invest in medium term diversified corporate bonds with maturity in line with the maturity of the scheme
🤼♂ *Why a (70-30) % Equity – Debt strategy?*
Lower dispersion as compared to (100-0)% equity – debt strategy with stability in returns
🎰 *Features*
▪Unique feature of an in built Trigger mechanism
▪While most investors know when to enter, exit remains a dilemma
▪Trigger defines an exit point in the fund
▪Close ended fund structure allows the fund manager to invest in stocks with a relatively long-term view without any redemption pressures
🏋 *Maturity Provision*
The scheme will mature under any one of the following 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)
