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Axis Mutual Fund launches Income Saver

Mumbai-based Axis Mutual Fund is launching Axis Income Saver, an open-ended scheme that seeks to generate regular income by investing 65-99% of its capital in debt and money market instruments. It tracks CRIS IL MIP Blended Fund Index. The fund is managed by Axis Asset Management with Axis Mutual Fund Trustee as its trustee. Total expenses including management and custodial…

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