Axis Mutual Fund launches Axis Nifty500 Value 50 ETF

NFO period: 10^th March - 12^th 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.