The Scheme will endeavour to generate returns through a portfolio of debt & money market instruments that are maturing on or before the maturity of the Scheme.
Exit Load--
Stamp duty on investment0.005% (from July 1st, 2020)
Tax implicationsReturns are taxed as per your income tax slab.
Common questions about this fund, answered from scheme data
The latest Net Asset Value (NAV) of Axis Fixed Term Plan Series 120 (91 Days) is ₹10.19 as of 2024-04-23.
Axis Fixed Term Plan Series 120 (91 Days) is classified as a Fixed Maturity fund.
Axis Fixed Term Plan Series 120 (91 Days) is managed by Axis Mutual Fund.
The Assets Under Management (AUM) of Axis Fixed Term Plan Series 120 (91 Days) is ₹2,024 Cr.
The expense ratio of Axis Fixed Term Plan Series 120 (91 Days) is 0.25%.
As per the SEBI Riskometer, Axis Fixed Term Plan Series 120 (91 Days) carries a Moderate risk level.
Axis Fixed Term Plan Series 120 (91 Days) was launched on 2009-09-04.
Open an account with Indiabulls Securities, complete your KYC, and invest via SIP or a one-time lumpsum through our platform.
A Systematic Investment Plan (SIP) lets you invest a fixed amount at regular intervals (e.g., monthly) instead of a single lumpsum.
There is no separate brokerage on mutual fund units. The AMC charges an expense ratio, which is already reflected in the NAV. An exit load may apply if you redeem before the specified period.
Mutual fund NAVs are declared once per business day after market close, in line with SEBI norms.
The FAQs above are generated from data provided by the AMC and are for educational purposes only. They do not constitute financial advice, buy/sell recommendations, or return guarantees. Mutual fund investments are subject to market risks — read all scheme-related documents carefully before investing. Past performance is not indicative of future returns.