Axis Mutual Fund has rolled out a new three-year close-ended income scheme, India Infoline reports. The Axis Hybrid Fund Series 2 aims to generate income by investing in high quality fixed-income securities.
The scheme offers dividend and growth option. The units of the scheme will be listed on the capital market segment of the National Stock Exchange and/ or any other stock exchange. The scheme will be benchmarked against the Crisil MIP Blended Index and be managed by R Sivakumar and Jinesh Gopani.
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