The fund house informed about these changes to its unitholders through a notice-cum-addendum.
“We believe that these name changes will provide investors with a clearer understanding of our funds’ investment objectives and strategies. Our goal is to empower our clients to make informed investment decisions,” said B. Gopkumar, MD and CEO, Axis Mutual Fund.
The changes are as mentioned below:
Chart 1
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ETMarkets.comThe new names more accurately reflect the categories and investment universe of the underlying funds, making it easier for investors to identify, understand and compare different options. The changes also align with Axis AMC’s evolving investment philosophy and commitment to providing investors with high-quality investment solutions that meet their diverse financial goals.All references to the existing names shall be replaced with the revised names from the Effective Date. All other terms and conditions of the SID / KIM of the aforesaid Schemes and SAI of the Fund remain unchanged.This addendum forms an integral part of the SID / KIM of the aforesaid Scheme and SAI of the Fund, as amended from time to time.
