Axis US Treasury Dynamic Bond ETF FoF, DSP Nifty Smallcap250 Quality 50 Index Fund, Motilal Oswal Small Cap Fund will open for subscription on December 5. Samco Dynamic Asset Allocation Fund will open for subscription later this week.
Axis US Treasury Dynamic Bond ETF FoF is an open-ended fund of fund investing in ETFs wherein the underlying investments comprise of US treasury securities across duration. The new fund offer or NFO of the scheme will open for subscription on December 5 and it will close on December 11.
The investment objective of the scheme is to provide regular income by investing in units of overseas ETFs where the investment mandate is to invest in US treasury securities across duration. The scheme will be benchmarked against Bloomberg US Intermediate Treasury TRI. The scheme will be managed by Vinayak Jayanath (overseas investments).
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The minimum application amount will be Rs 500 and in multiples of Re 1 thereafter. The scheme will invest 95-100% in units of overseas ETFs wherein the underlying investments comprise of US treasury securities, and 0-5% in debt and money market instruments.
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 will open for subscription on December 5 and it will close on December 15.
The investment objective of the scheme is to generate returns that are commensurate with the performance of the Nifty Smallcap250 Quality 50 Index, subject to tracking error. The scheme will be