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What Not to Do When Investing in Mutual Funds

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Accredited and Acclaimed by CNBC TV 18 " Hall Of Fame Award " for exemplary contribution towards Mutual Fund Distribution Over The Past Decade.

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Dynamic Bond Fund released by Axis Mutual Fund

NFO Period from 6 April - 20 April 2011 Axis Mutual Fund has released a new plan named as Axis Dynamic Bond Fund, an open ended debt scheme. The scheme will endeavor to generate optimal returns while maintaining liquidity through active management of a portfolio of debt and money market instruments. The New Fund Offer (NFO) price for the scheme is Rs. 10 per unit. The new issue will be open for subscription from 6 April and close on 20 April 2011. It would re-open on or before 3 May 2011. The scheme offers two options viz. growth and dividend option. The scheme will allocate upto 100% of assets in debt instruments including Government Securities and corporate debt with low to medium risk profile. On the other side it would allocate upto 100% of assets in money market instruments with low risk profile. Debt instruments include securitized debt upto 30% of the net assets of the scheme. Investments in derivatives shall be up to 75% of the net assets of the scheme. The minimum application amount is Rs. 5000 and in multiples of Rs. 1 thereafter. The fund seeks to collect a minimum subscription (minimum target) amount of Rs. 1 crore under the scheme during the NFO period. Entry load charge will be nil for the scheme. The exit load charge will be 0.5% if redeemed / switched out within 6 months from date of allotment. Benchmark Index for the scheme is CRISIL Composite Bond Fund Index. The scheme is managed by Mr. Ninad Deshpande and Mr. R. Sivakumar.

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Vedant Asset is one of the leading financial advisor in India that assist investors to achieve their long term future goals through different mutual fund schemes. 

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