Axis MF introduces Nifty500 Value 50 ETF

2025-03-10 02:01:52 pm | Source: Accord Fintech

Axis MF introduces Nifty500 Value 50 ETF

News By Tags | #MutualFund #AxisMutualFund

Axis Mutual Fund has launched Axis Nifty500 Value 50 ETF, an open-ended exchange traded fund replicating/tracking Nifty500 Value 50 TRI. The NFO opens for subscription on March 10, 2025 and closes on March 12, 2025. The Entry Load is not applicable and the Exit Load is nil for the scheme. The minimum subscription amount is Rs 500/- and in multiples of Rs. 1/- thereof.

The performance of the Scheme will be benchmarked against Nifty500 Value 50 TRI and its fund manager is Karthik Kumar.

The investment objective of the scheme is to provide returns before expenses that correspond to Nifty500 Value 50 TRI, subject to tracking errors.

Disclaimer: The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references. To Read Complete Disclaimer Click Here

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Axis MF introduces Nifty500 Value 50 ETF

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