Axis Special Situations Fund NFO

Axis Mutual Fund has announced the launch of Axis Special Situations Fund. The fund is a thematic and multi-cap/sector fund. So, the scheme would be investing in equity and equity-related instruments based on the thematic scheme type as it will be targeting the specific segments of the market.

The New Fund Offer (NFO) starts from 4th December 2020 and will end on 18th December 2020.

Scheme reopens for continuous sale and repurchase within five business days of allotment..

Investment Objective

The investment objective of the scheme is to provide long-term capital appreciation from a portfolio that is invested in equity and equity-related securities based on some special situations happening in the market like regulatory changes, company-specific changes, sector dynamics, new technologies, global events and many more.

What is Thematic Investing?

Thematic investing is a type of investing in which the investments are done only in stocks which have an underlying theme.

For example, an IT theme, will only invest in IT and technologies related companies.

Features

The Fund will be investing 80-100% of its assets in equity and equity-related securities based on the special situation theme.
It is a thematic fund, which will target specific segments of the market based on special situations.
The fund will not only generate opportunities from the domestic market but also from global markets.

Why invest in Axis Special Situations Fund?

Reasons to invest in Axis Special Situations Fund:

-The fund will exposure to the themes which are not available in other diversified funds.

-The Fund will also give good control to investors over investment strategies.

-The fund will be having access to the companies which are best suited to adopt the great opportunities and manage the challenges.

Suitability

This scheme is suitable for investors who are -

Interested in Long term value/wealth creation.
Investors who also want the exposure of the global market along with the domestic market.
Interested in investing in an equity scheme which invests in equity & equity related instruments based on the special situations.
Recommend for investors who are investing with a time period of 5+ years.

Assets Allocation Pattern-

Instruments	Minimum % of total assets (Indicative)	Maximum % of total assets (Indicative)	Risk Profile
Equity & Equity related instruments of special situation theme	80	100	High
Other Equity and Equity related instruments	0	20	High
Debt and Money market instruments	0	20	Low to Moderate
Units that are issued by REITs and INVITs	0	10	Moderate to High

About the scheme-

Name of the fund	Axis Special Situations Fund
Fund launched by	Axis Mutual Fund
Asset Management Company	Axis Asset Management Company Limited
Type of scheme	An open-ended equity scheme investing in equity and equity-related securities based on the special situations in the market.
Investment Objective	The investment objective of the scheme is to generate capital appreciation over the long term through investments in equity and equity-related securities based on the special situations as it will target specific segments of the market.
Benchmark	NIFTY 500 TRI
Entry Load	Not Applicable
Exit Load	1% of applicable NAV - If units are redeemed or switched out within 12 months. Nil - If units are redeemed or switched out after 12 months.
Minimum Application Amount	Rs. 5,000 & in multiple of Rs.1 thereafter
Minimum Additional Amount	Rs. 100 & in multiple of Rs.1 thereafter
Allotment Date	With in 5 business days after the closure of fund
STP & SWP	Available
Plans Available	Regular Direct
Options	Growth Dividend Payout Dividend Reinvestment
Fund Managers	Mr. Ashish Naik and Mr. Hitesh Das (For foreign securities)

SIP Details

Type	Minimum Installments	Minimum Amount
Monthly SIP	6	Rs.1,000 & in multiple of Rs.1 thereafter
Yearly SIP	3	Rs. 12,000 & in multiple of Rs.1 thereafter