BOI AXA Mutual Fund changes fundamental attributes of BOI AXA Treasury Advantage Fund
Feb 27 2018
News Category: AMC Specific Updates
BOI AXA Mutual Fund has decided to change the fundamental attributes of BOI AXA Treasury Advantage Fund. Accordingly, proposed name will be BOI AXA Ultra Short Duration Fund instead of BOI AXA Treasury Advantage Fund. Scheme type will also be changed to an open ended ultra-short term debt scheme investing in instruments with Macaulay duration of the portfolio between 3 months and 6 months instead of an open ended income scheme. The change will become effective from Apr 11, 2018.