January 16, 2024
mayank
Axis Fixed Term Plan Series 120 (91 Days) details, Fund Portfolio, Fund Returns, Peer Comparison, Mutual Fund Guidance @chanakyamfguidance
Table of Contents:
- NFO Open date, Close date
- NFO Investment Strategy
- NFO Basic Details
- NFO Benchmark Index
- Past Performance of NFO Benchmark Index
- Performance Review of Fund Manager
- Should You Invest in this NFO?
- Invest Online
What is the Axis Fixed Term Plan Series 120 (91 Days) Open Date, Close Date?
NFO opens on January 18, 2024
NFO will close on January 23, 2024
What is the Investment Strategy?
The Scheme will endeavour to generate returns through a portfolio of debt & money market instruments that are maturing on or before the maturity of the Scheme.
Basic Details
| Fund House | Axis Mutual Fund |
| Issue Open | 18 January 2024 |
| Issue Close | 23 January 2024 |
| Type | Closed-end |
| Category | Debt: Fixed Maturity |
| Min. Investment(Rs) | 5,000 |
| Plans | Growth, IDCW Quarterly |
| Tenure (Days) | 91 |
| Riskometer | Low to Moderate |
| Benchmark | CRISIL Liquid Debt Index |
What is the Benchmark Index?
Past Performance of Benchmark Index
| Index Returns (%) | QTD | YTD | 1 Year | 5 Years | Since Inception |
| Price Return | – | – | – | – | – |
| Total Return | – | – | – | – |
| Statistics ## | 1 Year | 5 Years | Since Inception |
| Std. Deviation * | – | – | – |
| Beta (NIFTY 50)- | – | – | |
| Correlation (NIFTY 50) | – | – | – |
Fundamentals
| P/E | P/B | Dividend Yield |
| – | – | – |
Study about Benchmark Index in details
Performance Review of the Fund Manager?
1) Sachin Jain
Education: Mr. Jain is a B.Tech, AGMP (Management)
Experience: Prior to joining Axis Asset Management Company Ltd., he has worked with Sundaram Mutual Fund, I- Cap, Sunidhi securities and Finance Ltd.
Past Performance of his Schemes
| Fund | Axis Arbitrage Fund | It’s Benchmark | Axis Money Market Fund | It’s Benchmark |
| 1 Year | 7.17 | 4.50 | 7.40 | 4.50 |
| 3 Year | 5.13 | 3.07 | 5.36 | 3.07 |
| 5 Year | 5.04 | 3.29 | — | — |
| 7 Year | 5.24 | 3.52 | — | — |
| 10 Year | – | – | — | — |
Which Company Owns Axis Fixed Term Plan Series 120 (91 Days)?
Axis Asset Management Company Ltd.
Address: “Axis House” – 1st Floor, C-2 – Wadia International Centre, Pandurang Budhkar Marg , Worli, Mumbai – 400025
Website: http://www.axismf.com
Registrar & Transfer Agent:
KFin Technologies Ltd.
Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad – 500016
Website: www.karvymfs.com
Should I Invest in Axis Fixed Term Plan Series 120 NFO?
Guidance for Axis Fixed Term Plan Series 120 (91 Days) by Paresh Gordhandas, C.A., Research Analyst.
Will Post Soon
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