Skip to main content

AXIS MUTUAL FUND TO LAUNCHAXIS TECHNOLOGY ETF

 Axis Mutual Fund Launching it's Technology Fund

Category Average Returns in Last 6 Months is 26.30%

An Open-Ended Exchange Traded Fund tracking NIFTY IT INDEX.

Issue Open From:-18-Mar-2021

Issue Closing On:-23-Mar-2021


Fund Manager:-Mr.Jinesh Gopani

Mr.Viresh Joshi

Benchmark:-NIFTY IT TRI

Expense Ratio:-Upto 1%

Exit Load:-Nil

Invesment Objective:-The Scheme Seeks to provide returns Before expenses that closely correspond to the Total Return of NIFTY IT INDEX, subject To Tracking Error.

Read The Scheme Information Documents

Risk:-High

Suitable For:-

  • Long Term Wealth Creation
  • Invest In IT Sector Fund


How will The Scheme Allocates Its Assets..

95%-100% Equity Instruments coveted By constituting NIFTY IT INDEX

0-5% In Debt&Money Market Instruments.


Performance Of Existing Schemes:-

1.ICICI PRUDENTIAL IT ETF:-

3 Months:-14.67%

6 Months:-33.47%


2.SBI IT ETF:-

1 Month:-2.91%

3 Month:-15.16%












Comments

Post a Comment

Popular posts from this blog

Name of Some International Funds,Fund of Funds, Multicap funds.

   Hello everyone,If you watch my video I tell about International funds, Fund of Funds,Multi cap funds So here are some funds    Fund ofFunds:- 1).Quantum equity FOF                              2).HDFC dynamic PE ration FOF                              3).Franklin india life stage FOF International Funds:- 1).Invesco india pan european equity fund                                           2)Kotak global emerging equity fund                                           Multi cap funds:- 1).Invesco multi cap funds                           ...
Post a Comment
Read more

What is LIQUID FUND? Advantages and Disadvantages of LIQUID FUNDS.

               H ello everyone today I discuss what is LIQUID FUNDS and advantage and disadvantage of LIQUID FUNDS.                                            LIQUID FUNDS LIQUID FUND is an open-ended DEBT mutual funds scheme ideal for short term investments.It invests primarily in money market instruments like certificate of deposits,T-BILLS, COMMERCIAL PAPERS and term deposits maturity of the fund 3-6 months investors can enter-exit the scheme whenever desired.Liquid funds are less risky and more stable than other debt funds because they invest in government securities and schemes.    Advantage of Liquid funds:- here are some advantage of Liquid funds    Low risk:-Liquid funds invest In government securities and therefore everyone knows that goverment schemes do not fraud and also investors money is sa...
Post a Comment
Read more