Current Affairs · Banking and Finance
Consider the following statements regarding the Axis Max Life Diversified Equity Fund II: I. It mandates maintaining a minimum of 80% exposure to debt instruments, with 20% allocated to equities. II. Axis Max Life Insurance Limited is a Joint Venture between Max Financial Services Limited and Axis Bank Limited. Which of the above statements is/are correct?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1I only
- 2II only✓
- 3Both I and II
- 4Neither I nor II
Correct answer
II only
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