Axis Mutual Fund launched New Fund Offer Axis Emerging Opportunities Fund Series 2, a closed ended equity scheme. The NFO Opens for subscription on 3 Feb 2017 & closes on 17 Feb 2017. No entry load will be applicable for the scheme.
Key Scheme Feature – Axis Emerging Opportunities Fund Series 2
| Issue Details | Axis Emerging Opportunities Fund - Series 2 (1400 days) |
|---|---|
| Issue Open | 3 Feb 2017 |
| Issue Close | 17 Feb 2017 |
| Issue Type | Closed Ended equity scheme |
| Face Value | Rs 10 |
| Entry Load | Nil |
| Minimum Application Amt | 5000 |
| Benchmark | S&P BSE Midcap Index |
| Fund Manager | Mr. Anupam Tiwari & Jinesh Gopani |
Cheque Details : “Axis Emerging Opportunities Fund Series 2”
Investment Objective
The scheme aims to generate long term capital appreciation by investing in a diversified Portfolio of equity & equity related instruments of mid cap companies. However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved. The Scheme does not assure or guarantee any returns.
Investment Strategies
The scheme will target undervalued companies that offer opportunities to generate superior capital gains from a medium-to-long term perspective.
An indicative set of companies which can offer such potential include – companies whose growth potential is not fully priced by the market, quality companies that are going through near term challenges but with strong long term potential, companies trading at a steep discount to their fair value.
The fund manager may not have any bias towards particular theme, sector, market cap or style in picking investment opportunities.
The portfolio will be built utilizing a bottom-up stock selection process, focusing on appreciation potential of individual stocks from a fundamental perspective. The AMC employs a “”Fair value”” based research process to analyse the appreciation potential of each stock in its universe (Fair value is a measure of the intrinsic worth of a company). The universe of stocks is carefully selected to include companies having a robust business models and enjoying sustainable competitive advantages as compared to their competitors.
Why Close ended Equity Fund ?
- Long term orientation for both investors and fund manager
- No liquidity pressure on the Portfolio
- Works ideally for a buy and hold type strategy
- Long term investment in true sense with potential of wealth creation
Axis Emerging Opportunities Fund Series 2 Application Form
rajendra@puneinvest.com & raj402551@gmail.com
Mobile 7719917444
Axis mutual fund broker, agent, adviser, agent, for pune
Source : Scheme Information docuement & Draft Issue Document
