Axis Mutual Fund launches Axis NASDAQ 100 Fund of Fund

NFO period: 07^th October – 21^st October, 2022

Highlights of the NFO:

• Scheme type – An open ended fund of fund scheme investing in the units of ETFs focused on the Nasdaq 100 TRI


• Investment objective – To replicate the performance of the Nasdaq 100 TRI by investing ETFs whose primary objective is to track/replicate the performance of the Nasdaq 100 TRI, subject to tracking errors. However, there is no assurance or guarantee that the investment objective of the scheme will be achieved.


• Product suitability – The product is suitable for investors who are seeking capital appreciation over long term by investing in underlying ETFs that seek to replicate/track the performance of the NASDAQ 100 TRI.


• Minimum Application Amount – First investment is Rs. 500/- and in multiple of Rs. 1/- thereafter


• Plan/ Options available – Direct Plan and Regular Plan having Growth Option and Income Distribution cum Capital Withdrawal (IDCW) (Payout and Re-investment Facility).


• Fund Managers – Mr. Hitesh Das


• Benchmark – NASDAQ 100 TRI (INR)