Axis Mutual Fund has filed offer document with SEBI to launch a close ended debt scheme named ‘Axis Fixed Maturity Plan - Series 131 -132’. The New Fund Offer price is Rs 10. Entry load and Exit load will be nil. The Scheme offers Growth and Income Distribution cum Capital Withdrawal Option for investment and seeks to collect a Minimum Target Amount of Rs 20 crore per series.The performance of the scheme for Plans having a maturity of up to 91 days from the date of allotment will be benchmarked by CRISIL Liquid Debt A-I Index; For Plans having a maturity of more than 92 days upto 180 days from the date of allotment will be benchmarked by CRISIL Ultra Short-Term Duration Debt A-I Index; For Plans having a maturity of more than 181 days upto 365 days from the date of allotment will be benchmarked by CRISIL Low Duration Debt A-I Index; For Plans having a maturity of more than12 months upto 36 months from the date of allotment will be benchmarked by CRISIL Short Duration Debt A-II Index; For Plans having a maturity of more than 36 months upto 48 months from the date of allotment will be benchmarked by CRISIL Medium Duration Debt A-III Index; For Plans having a maturity of more than 48 months upto 90 months from the date of allotment will be benchmarked by CRISIL Medium to Long Duration Debt A-III Index; For Plans having a maturity above 90 months from the date of allotment will be benchmarked by CRISIL Long Duration Debt A-III Index. The minimum application amount is Rs 5000 and in multiples of Re 1 thereafter.The investment objective of the scheme is to generate returns through a portfolio of debt & money market instruments that are maturing on or before the maturity of the respective plan(s).