- The ‘Axis Global Innovation Fund of Fund’ offer Indian investors an opportunity to invest in a globally diversified equity portfolio which will complement their Indian equity allocation.
- The investors will get an opportunity to invest in Schroder International Selection Fund (SISF) Global Disruption.
- The SISF is a global equity fund that provides long-term capital growth. This allows investment in companies worldwide that benefit from disruption.
- The subscription date for this new offer from Axis Mutual Fund is from 10th to 21st May 2021. The application fee is a minimum of Rs 5000.
- Static Part:
- HQ of Axis Mutual Fund: Mumbai
- MD and CEO Axis Mutual Fund: Chandresh Kumar Nigam
Question:
Q.1 What was the minimum application fee for ‘Axis Global Innovation Fund of Fund’ launched by Axis Mutual Fund?
a. Rs 1000
b. Rs 3000
c. Rs 5000
d. Rs 2000
a. Rs 1000
b. Rs 3000
c. Rs 5000
d. Rs 2000
