Draft SID of Axis Sustainable Equity Fund

Draft SID of Axis Sustainable Equity Fund

Draft SID of Axis Sustainable Equity Fund

Axis Sustainable Equity Fund is an open-ended equity scheme. The scheme is very beneficial for the people who are seeking long-term capital appreciation for prospective investors. Investments in companies with favorable Environment, Social and Governance (ESG) criteria. The benchmark notices at Nifty 100ESG TRI. The scheme re-opens within five business days from the date of allotment i.e 26 July 2019.  Moreover, the face value of the new fund offer is Rs 10/- each.

Plans and Option of the Scheme: This scheme allocates for two plans i. Direct Plan ii. Regular Plan.

Instrument  Indication allocation (% of total assets) Risk Profile
Minimum  Maximum  High/Medium/Low 
Debt 60% 100% Low To Medium
Money Market Securities 0% 40% Low To Medium

Direct Plan: 

Direct Plan is only for investors who purchase /subscribe Units in a Scheme directly with the Fund and is not available for investors who route their investments through a Distributor

Regular Plan: 

Regular Plan is available for investors who purchase/ subscribe Units in a scheme through distributor options under each Plan(s)
•The dividend (Payout and Re-investment Facility)
All the plans will have a common portfolio.
Entry Load: Not Applicable.
Exit Load:
If redeemed/ switched-out within 12 months –
For 10% of investment: Nil
For the remaining investment: 1%
If redeemed/switched out after 12 months from the date of allotment: Nil.
Minimum Application Amount:
Rs. 5000 and in multiples of Re. 1/- thereafter
Minimum Additional Purchase Amount:
Rs 100 and in multiples of Re. 1/- thereafter
Dividend:  Income distributed by the Mutual Funds on the units.

Disclaimer: This post is only for knowing the information about the scheme. It does not give any advice or recommendations to investors. So, please read the offer documents carefully or consult your adviser before investing.

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