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  • Axis Mutual Fund launches Axis Nifty500 Value 50 ETF

Mar 10, 2025

Mutual Fund

Axis Mutual Fund launches Axis Nifty500 Value 50 ETF

NFO period: 10th March - 12th March, 2025

Highlights of the NFO:

  • Scheme type - An Open-Ended Exchange Traded Fund replicating/tracking Nifty500 Value 50 TRI.

  • Investment objective - To provide returns before expenses that correspond to Nifty500 Value 50 TRI, subject to tracking errors. There is no assurance that the investment objective of the scheme will be achieved.

  • Product suitability - This product is suitable for investors who are seeking long term wealth creation solution. To track returns by investing in a basket of Nifty500 Value 50 Index securities and aims to achieve total returns of the stated index, subject to tracking error.

  • Minimum Application Amount - Rs. 500 and in multiples of Rs. 1/- thereafter.

  • Plan/ Options available - The Scheme does not offer any Plans/Options for investment.

  • Fund Managers - Mr. Karthik Kumar

  • Benchmark - Nifty500 Value 50 TRI.
Download - KIM
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(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)