AXIS Mutual Fund has launched a new fund named as Axis Capital Builder Fund - Series 4, a close ended equity scheme investing across large cap, mid cap and small cap stocks. The tenure of the scheme is 1582 days from the date of allotment. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The new issue will be open for subscription from 03 December to 14 December 2018.

The investment objective of the scheme is to generate income and long term capital appreciation by investing in a diversified portfolio of equity & equity related instruments across market capitalisation.

The scheme offers growth option, dividend (payout facility).

The scheme would allocate 80%-100% of assets in equity and equity related instruments with high risk profile and invest upto 20% of assets in debt & money market instruments with low to medium risk profile.

The minimum application amount is Rs 5000 and in multiples of Re. 10/- thereafter.

The fund seeks to collect a minimum subscription (minimum target) amount of Rs 10 crore under the scheme during the NFO period.

Entry load: Not Applicable

Exit load: Not Applicable.

The benchmark Index for the scheme is Nifty 500 Index.

The fund manager of the scheme is Anupam Tiwari.