Axis MF introduces Nifty500 Low Volatility 50 Index Fund
Axis Mutual Fund has launched Axis Nifty500 Low Volatility 50 Index Fund, an open-ended scheme replicating/tracking Nifty500 Low Volatility 50 Index. The NFO opens for subscription on September 09, 2026 and closes on September 22, 2026. The Entry Load is not applicable for the scheme. The Exit Load will be 0.25% - If redeemed/ switched out within 15 days from the date of allotment and Nil -If redeemed/ switched out after 15 days from the date of allotment. The minimum subscription amount is Rs 100 and in multiples of Re. 1/- thereafter.
The performance of the Scheme will be benchmarked with Nifty500 Low Volatility 50 TRI and its fund managers are Nandik Mallik and Rohit Gautam.
The investment objective of the scheme is to provide returns before expenses that correspond to the performance of Nifty500 Low Volatility 50 TRI subject to tracking error.
