MUTUAL FUNDS
Axis MF introduces ESG Equity Fund
Jan-22-2020

Axis Mutual Fund (MF) has launched the Axis ESG Equity Fund, an open ended equity scheme investing in companies demonstrating sustainable practices across Environment, Social and Governance (ESG) theme. The NFO opens for subscription on January 22, 2020 and closes on February 05, 2020. Entry load is nil and Exit load if redeemed/ switched-out within 12 months for 10% of investment is nil and for remaining investment is 1%; and Exit load if redeemed/ switched out after 12 months from the date of allotment will be nil. The minimum subscription amount is Rs 5000 and in multiples of Re 1 thereafter.

The scheme’s performance will be benchmarked against Nifty 100 ESG TRI and its fund managers are Jinesh Gopani and Hitesh Das.

The investment objective of the scheme is to generate long term capital appreciation by investing in a diversified portfolio of companies demonstrating sustainable practices across Environmental, Social and Governance (ESG) parameters.

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