NFO Alert: Axis Fixed Term Plan - Series 112 (1143 Days); all you need to know
1 year, 10 months ago

NFO Alert: Axis Fixed Term Plan - Series 112 (1143 Days); all you need to know

Live Mint  

Axis Mutual Fund announced the launch of the Axis Fixed Term Plan - Series 112, a close-ended income fund investing in constituents of the CRISIL Medium Term Debt Index. Each plan offers the following options: Growth option Income Distribution cum Capital Withdrawal Options Sub-options Growth Nil Income Distribution cum Capital Withdrawal Quarterly IDCW Payout Half-Yearly IDCW Payout Scheme having maturity ranging up to 12 months will offer a Quarterly IDCW option in addition to a Growth option. Scheme having maturity ranging from more than 12 months to 60 months will offer a Quarterly IDCW option & Half yearly IDCW option respectively in addition to the Growth option. Some of them include: Name of the fund Three-year returns ICICI Prudential FMP - Series 87 - 1214 Days Plan A 6.51 SBI Fixed Maturity Plan - Series 28 6.34 IDFC Fixed Term Plan - Series 179 5.98 Nippon India Fixed Horizon Fund XLI - Series 8 5.86 HDFC FMP 3360D March 2014 5.54 Source: MoneyControl Q.

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