2024-02-07 12:38:21
Axis Mutual Fund House today announced the launch of Axis S&P BSE Sensex Index Fund. It is an open-ended index fund that tracks the S&P BSE Sensex TRI. Samayam Tamil
The scheme will open for public subscription on February 08, 2024 and close on February 22, 2024. The scheme will be re-opened for continuous sale and repurchase within five business days from the date of issue of the fund. This fund is an open ended index fund that tracks S&P BSE Sensex TRI. It is suitable for long term risk taking investors.
The fund will have 95 per cent investment in securities covered by S&P BSE Sensex TRI. Similarly, SBI Mutual Fund has SBI S&P BSE Sensex Index Fund, ICICI Prudential S&P BSE Sensex Index Fund, HDFC S&P BSE Sensex Index Fund, Tata S&P BSE Sensex Index Fund, LIC S&P BSE Sensex Index Fund and UTI S&P BSE Sensex Index Fund. Tex Fund, Ah Navi The mutual fund company has also launched Navi S&P BSE Sensex Index Fund.
As the above is a remarkably well-received scheme, many companies have this type of mutual fund, so it can be seen that it is a well-received fund.
Disclaimer: Mutual fund schemes are subject to market risks. Consult your advisor before investing and invest at your own discretion.
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