Axis Mutual Fund has launched a new fund offer (NFO) for Axis Global Innovation Fund of Fund. The NFO is opening for subscription on May 10 and closes on May 21, 2021. Read on to find out more about the NFO. In this article [show] Investment Objective.
Secondly, what is Axis iPlus sip?
comes with the exclusive provision of iPlus SIP. (An open-ended retirement solution oriented scheme having. a lock-in of 5 years or till retirement age (whichever is earlier))
| Fund Name | Category | 1Y Returns |
|---|---|---|
| Axis Long Term Equity Fund | Equity | 56.6% |
| Axis Midcap Fund | Equity | 64.9% |
| Axis Focused 25 Fund | Equity | 59.2% |
| Axis Liquid Fund | Debt | 3.3% |
Considering this, which mutual fund is best for retirement?
Best Mutual Funds from Different MF Categories That Can Serve Your Long Term Retirement Goal
| Mutual fund | AUM | 5 years |
|---|---|---|
| HDFC Retirement Savings Fund | Rs. 1433 crore | 52.00% |
| ICICI Prudential Balanced Advantage | Rs. 30900 crore | 35.00% |
| SBI small cap | Rs. 7919 crore | 77.00% |
| Parag Parikh Flexi Cap Fund | Rs. 9179 crore | 72.30% |
How can I buy NFO axis?
“You can place a NFO order by following the path Trading > Mutual Fund > NFO/FMP. On this screen, please select the NFO you wish to invest and click on Purchase Tab.”
How do I apply for NFO?
You can
- Visit the Zerodha Coin website.
- Click on NFO from the Explore option.
- Log in to start investing.
- Enter the Amount to invest for the desired fund name.
- Click on Place Order.
What is Axis overnight fund?
Axis Overnight Fund Direct – Growth is a Overnight mutual fund scheme from Axis Mutual Fund. … Axis Overnight Fund Direct – Growth has ?6,878 Crores worth of assets under management (AUM) as on 31/03/2021 and is medium-sized fund of its category.
What is iPlus?
The fund gives investors flexibility in risk taking and offers a unique insurance feature, iPlus SIP to ensure that unfortunate events do not derail long term retirement planning. This fund is an open-ended retirement solution oriented scheme. …
Is Axis Bluechip fund good?
Axis Bluechip Fund has a moderately high risk. It has good long term returns. If you are an aggressive investor and looking for good returns over the long term, you can choose the scheme. You can visit Axis Mutual Fund investment platforms and start investing in this scheme through SIP or lumpsum.
Is Axis Bluechip fund safe?
Axis Bluechip Fund (G) NAV,AUM,Risk
The NAV (Net Asset Value) of this large cap equity as of 2021-06-10 is ? 41.55. The total AUM (Asset Under Management) of the fund as of 2021-06-11 is ? 27142.146. The category risk of the Axis Bluechip Fund (G) fund is Very High Risk.
Is Axis Mutual Fund good?
Axis
| Duration | Returns |
|---|---|
| 1 Year | 50.3% |
| 3 Year | 15.7% |
| 5 Year | 16.5% |
| 10 Year |
Can you lose all your money in a mutual fund?
With mutual funds, you may lose some or all of the money you invest because the securities held by a fund can go down in value. Dividends or interest payments may also change as market conditions change.
What is the best option for retirement planning?
SEP IRAs (Self-Employed IRAs)
Simplified Employee Pension, known as a SEP IRA is the most common retirement savings plan for self-employed individuals and small business owners. Known as the easiest, low-cost plan with a large contribution limit, it allows for tax shelter and tax-deferred growth.
What are the safest investments for retirement?
No investment is entirely safe, but there are five (bank savings accounts, CDs, Treasury securities, money market accounts, and fixed annuities) which are considered the safest investments you can own. Bank savings accounts and CDs are typically FDIC-insured. Treasury securities are government-backed notes.