Axis Mutual Fund changes provisions
Apr 12 2017
News Category: AMC Specific Updates
Axis Mutual Fund has changed certain provisions in the Axis Banking & PSU Debt Fund, effective from May 18 2017. According to the changes, investment may also be made in instruments issued by NBFCs, and investment in debt and money market instruments issued by banks, PFIs, PSUs, Treasury Bills, and government securities are primarily with the intention of maintaining high credit quality and liquidity.