What are the NFO dates for Axis Triple Advantage Fund ?
The NFO period for Axis Triple Advantage Fund will open on 30th June and will close on 27th July 2010. Though nothing is specified about the regular buying and redemption start date of this Mutual fund, it is expected that it will be around after a month from the close of NFO, as is the standard. What is so unique about this Axis Triple Advantage Fund? Investors should note that the investment principles of this fund is to seek long terms capital appreciation and hence, as per the fund information, the investors are expected to stay invested for long. But please note that this does not guarantee any returns. Now the unique thing about this fund is that it is offering you a diversified investment opportunity, where your invested capital money will be split across into 3 and invested into the following in the mentioned proportion: – Shares/Equity and related instruments – 30-40% – Debt Instruments (Fixed Income Securities) – 30-40% – Gold ETF’s or Gold Exchange Traded Funds – 20-30% So o
