Axis Mutual Fund launched the Axis Fixed Term Plan - Series 92 (154 Days), a close ended income scheme. The NFO opens for subscription on April 25, 2018 and closes on April 26, 2018. No entry load and exit load will be applicable for the scheme. The minimum subscription amount is Rs 5,000 and in multiples of Rs 10 thereafter.
The scheme's performance will be benchmarked against CRISIL Short-Term Bond Fund Index and its fund manager is Devang Shah.
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.