Axis AAA Bond Plus SDL ETF – 2026 Maturity

Axis AAA Bond Plus SDL ETF - 2026 Maturity

Axis AAA Bond Plus SDL ETF – 2026 Maturity Scheme Details

Axis Mutual Fund had launched a new fund offer Axis AAA Bond Plus SDL ETF – 2026 Maturity Scheme. It is an open-ended target maturity exchange-traded fund.

During the NFO period, the offer of units of Re. 1/- per unit issued at a premium approximately equal to the difference between face value and allotment price and NAV basis prices during the continuous offer.

Besides, the MF house has been started the subscription process on 23rd April 2021 and will close on 7th May 2021. Further, the offer may re-open within five business days from the date of allotment.

However, investors should consider that your investment principal will be at moderate risk.

Basic details of NFO:

 NFO Name  Axis AAA Bond Plus SDL ETF – 2026 Maturity
 Subscription Period  April 23, 2021 – May 7, 2021
 NFO Type  open-ended target maturity ETF scheme
 Benchmark  Nifty AAA Bond Plus SDL Apr 2026 50:50 Index.
 Fund Manager  Aditya Pagaria

Moreover, the scheme remains suitable for investors who seek income over the long term.

Also, the maturity of the scheme is expected to be no greater than 5 years and 6 months from the date of allotment of units. 

Investment Objective:

Further, to replicate Nifty AAA Bond Plus SDL Apr 2026 50:50 Index by investing in bonds of issuers rated AAA and state development loans (SDL), subject to tracking errors.

Minimum Investment:

Although, during the NFO period, the minimum application amount should at Rs. 5,000 and in multiples of Re.1/- thereafter. 

Also, entry and exit load structures not applicable under the scheme. 

Asset Allocation Pattern:

 Instruments  Indicative Allocation (% of net assets)  Risk Profile
 Minimum   Maximum
 Debt Instruments comprising of Nifty AAA bond Plus SDL Apr 2026 50:50 Index#  95  100  Low to Medium
 Money Market Instruments  0  5  Low to Medium

Disclaimer: However, this post is just information about the scheme. It does not give any advice or recommendation. Please read the offer document carefully and consult your investment adviser before investing.

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