Bharti AXA collects Rs 20 crore through its ‘Regular Return Fund’
Bharti AXA Mutual Fund, one of the leading mutual fund house, has notified that it has collected Rs 20 crore via Bharti AXA Regular Return Fund, an open-ended income scheme during their initial offer period from 28 January to 26 February 2009.
The scheme aims to generate regular income through investments in fixed income securities and also to generate long term capital appreciation by investing a portion in equity and equity related instruments.
The performance of the scheme will be benchmarked against CRISIL MIP Blended Index.
It may be noted that, the scheme re-opens on 16 March 2009.
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