BOI AXA Mutual Fund changes fundamental attributes of BOI AXA Mid Cap Equity & Debt Fund
Feb 27 2018
News Category: AMC Specific Updates
BOI AXA Mutual Fund has decided to change the fundamental attributes of BOI AXA Mid Cap Equity & Debt Fund. Accordingly, proposed name will be BOI AXA Mid & Small Cap Equity & Debt Fund. The benchmark index will also be changed to NIFTY Mid-Smallcap 400 TRI: 70% and Crisil Short Term Bond Fund Index: 30% instead of NIFTY Free Float Midcap 100 TRI: 70% and CRISIL Short Term Bond Fund Index: 30%. Scheme type will also be changed to an open hybrid scheme investing predominantly in equity and equity related instruments instead of an open ended equity fund. The change will become effective from Apr 11, 2018.