NFONEST

June 2020

A sole NFO adorns the June 2020 NFONEST.

BOI AXA Multi Cap Fund

Opens: June 10, 2020

Closes: June 23, 2020

BOI AXA Mutual Fund has launched an open ended equity scheme - BOI AXA Multi Cap Fund. Following a Multi Cap mandate, the fund aims to invest in stocks across market capitalisation i.e. large cap, mid cap, small cap stocks. Accordingly, the investment objective of the scheme is to generate long term capital appreciation by investing predominantly in equity and equity-related securities across various market capitalization – 65% to 100% in equity and equity related instruments, 0% to 35% in debt, including corporate debt and money market instruments and 0% to 10% in units issued by REITs and InvITs. The scheme’s performance will be benchmarked against S&P BSE 500 – TRI (Total Return Index). It will be managed by Mr. Alok Singh.

DSP ESG Fund, HSBC Focused Equity Fund, Aditya Birla Sunlife Nifty 50 Equal Weight Index Fund, Nippon India ETF 5 Year Gilt, SBI ETF Consumption, SBI ETF Private Bank, Axis Global Disruption Fund of Fund, Axis Global Equity Alpha Fund of Fund, Axis Capital Protection Oriented Fund – Series 7-10, Axis Banking ETF, Mahindra Focused Equity Yojana, Motilal Oswal Multi Asset Fund, Principal Largecap Fund, Mahindra Arbitrage Yojana, HSBC Midcap Equity Fund and ICICI Prudential Alpha Low Vol 30 ETF are expected to be launched in the coming months.