Axis Mutual Fund's new scheme lets you invest across stocks, debt, and gold—starting at ₹100
Axis Mutual Fund is launching the Axis Multi-Asset Active Fund of Funds (FoF), an open-ended scheme that mixes things up by investing in equity, debt, and even commodity-linked mutual funds and ETFs.
The NFO is open from November 21 to December 5—so there's a short window if you want in.
What makes it different?
This fund uses a dynamic strategy to balance between stocks, bonds, gold, and silver based on market trends—so your money isn't stuck in just one place.
The minimum investment is just ₹100.
According to Axis AMC's CEO B Gopkumar, the goal is to make multi-asset investing simpler for retail participants.
CIO Ashish Gupta adds that their model aims for smoother long-term returns, while the fund house notes there are no extra tax hassles when they rebalance assets.