10
Dec
Axis Mutual Fund has announced the launch of their New Fund Offer – Axis Long Duration Fund. It is an open-ended debt scheme investing in instruments such that the Macaulay Duration of the portfolio is greater than 7 years; a relatively high interest rate risk and a relatively low credit risk. The new fund will track the NIFTY Long Duration Debt Index A – III. The NFO for Axis Long Duration Fund opens on 7th December, 2022 and closes on 21st December, 2022. The fund will be managed by Mr. Devang Shah, Mr.Kaustubh Sule, and Mr.Hardik Shah and the minimum…
