BOI AXA NFO: BOI AXA Small Cap Fund
BOI AXA NFO named BOI AXA SMALL CAP FUND is being offered from 28-Nov-2018 to 12-Dec-2018.
About BOI AXA NFO Offer
|Name of the Scheme||BOI AXA SMALL CAP FUND|
|Fund House||BOI AXA Mutual Fund|
|Scheme Type||Open Ended|
|Scheme Category||Equity Scheme – Small Cap Fund|
|Plans||Direct, Regular, Both have Growth and Dividend options.|
|NFO Unit Price||Rs 10 per unit|
|Minimum Investment||Rs 5000|
|Exit Load||1% if redeemed within 1 year from the date of allotment|
|Investment Manager||BOI AXA Investment Managers Private Limited|
About BOI AXA
BOI AXA Investment Managers Private Limited is a joint venture between Bank of India and AXA Investment Managers which is a part of AXA Group. Bank of India is one of the leading banks in India founded in 1906while AXA Group is one of the world’s largest financial companies headquartered in Paris, France founded in the year 1816.
Bank of India has over 5000 branches across India and has a presence in 22 overseas countries. AXA Investment Manager (AXA IM) is the world’s best-known asset management company. As of 30-June-2018, the Asset Under Management (AUM) of AXA Group was recorded at EUR 759 billion. It operates across 21 countries with more than 2300 employees. Please follow this link for more details of their joint venture.
Registered & Corporate Office: BOI AXA Mutual Fund, B/204, Tower 1, Peninsula Corporate Park, Ganpatrao Kadam Marg, Lower Parel, Mumbai 400013.
Objectives of Scheme (BOI AXA NFO)
The investment objective of the scheme is to generate long-term capital appreciation by investing predominantly in equity and equity-related securities of small cap companies. However, there can be no assurance that the investment objectives of the Scheme will be realized
Please click here to read the scheme related document.
Disclaimer: This post is just an information about the scheme. It does not give any advice or recommendation. Mutual Fund investments are subject to market risk. Please read the offer document carefully before investing.
Tags: #NFO #Mutual Fund #New Mutual Fund #BOI AXA NFO #New Fund Offer