Axis MoneyPlex Knowledge Nugget - 60
Axis Mutual Fund
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Daunted by the Riskometer? Don't stress!
Investment planning can sometimes feel like navigating a complex maze, leaving many of us scratching our heads. And what’s with the many lines of text that they call “disclaimers” and the semicircle that they call “riskometer.” Yikes! But fear not, fellow adventurers!?
The riskometer, the tool that measures investment risk, doesn't have to be a stress-inducing nightmare. In fact, let’s decode the riskometer right away:?
Okay, think of the riskometer like a speedometer. Just as a speedometer tells you how fast you're driving, the riskometer tells you how risky an investment is. It's like a friendly little guide on your investment journey. Now, let’s dive deeper:
Decoding the Riskometer:?
The riskometer has levels, like steps on a ladder, ranging from low risk to high risk. Each level gives you an idea of the riskiness of an investment option. Let's break it down:
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Statutory Details:?Axis Mutual Fund has been established as a Trust under the Indian Trust Act 1882, sponsored by Axis Bank Ltd. (liability restricted to ?1 Lakh).?Trustee:?Axis Mutual Fund Trustee Ltd.?Investment Manager:?Axis Asset Management Co. Ltd. (the AMC)?Risk Factors:?Axis Bank Ltd. Is not liable or responsible for any loss or shortfall resulting from the operation of the scheme.
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.