- Home
News 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.
(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)
Recent News
360 ONE Mutual Fund Fund launches 360 ONE Multi Asset Allocation Fund...
The Investment Objective of the Scheme is to provide the investors an opportunit...
Read more
Kotak Mahindra Mutual Fund launches Kotak Active Momentum Fund...
The scheme shall seek to generate long term capital appreciation by investing pr...
Read more
Kotak Mahindra Mutual Fund launches Kotak Nifty Alpha 50 Index Fund...
The investment objective of the scheme is to replicate the composition of the Ni...
Read more