Widely read:
Axis Mutual Fund has announced change in the fundamental attributes of Axis Equity ETFs FoF.
- The scheme name of 'Axis Equity ETFs FoF' change to 'Axis Multi Factor Passive FoF'.
- The investment objective is to invest in the units of domestic Equity ETFs falling under the factor theme.
- As per the updated asset allocation, the fund will now invest 95-100 per cent of its assets in the units of Units of Domestic Equity ETFs falling under factor theme.
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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