Axis Mutual Fund announced that the closing date for the New Fund Offer (NFO) period of Axis Fixed Term Plan - Series 104 (1112 Days) has been extended till 27 March 2019.Powered by Capital Market - Live News

Axis Mutual Fund has announced 25 March 2019 as the record date for declaration of dividend under the dividend option of following schemes. The amount of dividend (Rs per unit) on the face value of Rs 10 per unit will be: Axis Equity Saver Fund - Regular Plan - Monthly Dividend Option & Direct Plan - Monthly Dividend Option: 0.0625 each. Axis Equity Saver Fund - Regular Plan - Quarterly Dividend Option & Direct Plan - Quarterly Dividend Option: 0.1875 each. Axis Arbitrage Fund - Regular Plan - Dividend Option & Direct Plan - Dividend Option: 0.05 each. Axis Dynamic Bond Fund - Quarterly Dividend Option: 0.20 Axis Dynamic Bond Fund - Direct Plan - Quarterly Dividend Option: 0.25 Axis Dynamic Bond Fund - Half Yearly Dividend Option & Direct Plan - Half Yearly Dividend Option: 0.50 each. Axis Strategic Bond Fund - Quarterly Dividend Option: 0.20 Axis Strategic Bond Fund - Direct Plan - Quarterly Dividend Option: 0.25 Axis Strategic Bond Fund - Half Yearly Dividend Option & Direct Plan - Half Yearly Dividend Option: 0.50 each. Axis Regular Saver Fund - Quarterly Dividend & Direct Plan - Quarterly Dividend Option: 0.25 each. Axis Regular Saver Fund - Half Yearly Dividend Option & Direct Plan - Half Yearly Dividend Option: 0.50 each.Axis Regular Saver Fund - Annual Dividend Option & Direct Plan - Annual Dividend Option: 1.00 each. Axis Gilt Fund - Half Yearly Dividend & Direct Plan - Half Yearly Dividend: 0.50 each.Powered by Capital Market - Live News

AXIS Mutual Fund has launched a new fund named as Axis Fixed Term Plan - Series 104 (1112 Days), a close ended debt scheme. The duration of the scheme is 1112 days from the date of allotment. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The new issue will be open for subscription from 19 March to 26 March 2019. The investment objective of the scheme is to generate returns through a portfolio of debt & money market instruments that are maturing on or before the maturity of the Scheme. The scheme offers growth option, regular dividend payout option, quarterly dividend payout option and half yearly dividend payout option. The scheme would allocate 80%-100% of assets in debt instruments with low to medium risk profile and invest up to 20% of assets would be allocated to money market instruments with low risk profile. The minimum application amount is Rs 5000 and in multiples of Rs 10 under all the options. The fund seeks to collect a minimum subscription (minimum target) amount of Rs 20 crore under the scheme during the NFO period. Entry and exit load charge will be nil for the scheme. The benchmark index for the scheme would be Nifty Composite Debt Index. The fund manager of the scheme is Devang shah.Powered by Capital Market - Live News

Axis Mutual Fund has announced that Boniface Noronha has been appointed as Head - Digital & Marketing and key personnel of Axis Asset Management Company Ltd, with effective from 05 March 2019. Details of Boniface Noronha Age: 43 years Designation: Head - Digital & MarketingQualification: MMS - Marketing, M.Sc. - Solid State PhysicsPowered by Capital Market - Live News

Axis Mutual Fund announced that the closing date for the New Fund Offer (NFO) period of Axis Overnight Fund has been extended till 15 March 2019.Powered by Capital Market - Live News