Axis Mutual Fund withdraws Axis US Treasury Dynamic Bond ETF Fund of Fund NFO
Axis Mutual Fund has announced withdrawal of the NFO of Axis US Treasury Dynamic Bond ETF Fund of Fund.
The new fund offer or NFO of the scheme was scheduled to open for subscription on December 5 and close on December 11.
Axis US Treasury Dynamic Bond ETF FoF, an open-ended fund of fund investing in ETFs wherein the underlying investments comprise of US treasury securities across duration.
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The fund house informed about not launching the new fund plan through a notice-cum-addendum.
There were three NFOs open for subscription this week. DSP Nifty Smallcap250 Quality 50 Index Fund, Motilal Oswal Small Cap Fund, and Samco Dynamic Asset Allocation Fund are open for subscription this week.
DSP Nifty Smallcap250 Quality 50 Index Fund is an open-ended scheme replicating/ tracking Nifty Smallcap250 Quality 50 Index. The new fund offer or NFO of the scheme is open for subscription and it will close on December 15.
Motilal Oswal Small Cap Fund is an open-ended equity scheme predominantly investing in small cap stocks. The new fund offer or NFO of the scheme is open for subscription and it will close on December 19.
Samco Dynamic Asset Allocation Fund is an open-ended dynamic asset allocation fund. The new fund offer or NFO of the scheme is open for subscription and it will close on December 21.
To read more about NFOs that are open and whether you should invest in them, read: Motilal Oswal Small Cap Fund, 2 other NFOs open this week; should you invest?
