India, Oct. 7 -- Axis Mutual Fund has launched a new Open Ended Growth scheme named "Axis Income Plus Arbitrage Passive FOF" with maturity period of 0 days from the launch date.
The New Fund Offer (NFO) price for the scheme is Rs 10.00 per unit, which will open for subscription from Oct 28 to Nov 11, 2025.
According to the offer document filed with SEBI, the entry and exit load is Nil.
The minimum application amount is Rs 100.00 and in multiples of Rs 1 thereafter. The options available under the plan of the scheme are Growth, IDCW, IDCW-Reinvestment.
The fund manager of the scheme will be Devang Shah, while the performance of the scheme will be benchmarked against NIFTY Short Duration Debt Index.
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