Widely read:
Axis Mutual Fund has announced change in the fundamental attributes of Axis US Treasury Dynamic Bond ETF FoF.
- The scheme name of 'Axis US Treasury Dynamic Bond ETF FoF' change to 'Axis US Specific Treasury Dynamic Debt Passive FOF'.
- The investment objective is to provide regular income by investing in units of overseas index funds and/or ETFs where the investment mandate is to invest in US treasury securities across duration.
- As per the updated asset allocation, the fund will now invest 95-100 per cent of its assets in the units of Overseas Index Funds and/orETFs.
These changes are effective from July 17, 2025.
As per the regulatory requirements, unitholders have been given a 30-day exit window from June 17, 2025 to July 16, 2025. Investors who do not consent to these changes have an option to either switch or redeem their investments without paying any exit load during the period. No action is required to be taken by investors who don't have any objection to the proposed change.
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