A Oneindia Venture

Axis Nifty500 Momentum 50 Index Fund NFO

By Axis Mutual Fund Others Index
NFO Closed

Offer Price

₹10.00

Min. Investment

₹100

Open Date

24 Jan 2025

Close Date

07 Feb 2025

SIP Amount

₹100

Axis Nifty500 Momentum 50 Index Fund is a New Fund Offer (NFO) by Axis Asset Management Company Ltd. categorized under Index. The NFO is open for subscription from 24 Jan 2025 to 07 Feb 2025. Investors can subscribe with a lumpsum investment of ₹100. The offer price is ₹10.00 per unit. The fund will be managed by Karthik Kumar. The fund has a risk rating of 'Very High' with an expected expense ratio of 0.15%. It will benchmark against Nifty500 Momentum 50 Total Return.

Fund Details

Offer Price
₹10.00 per unit
Subscription Period
24 Jan 2025 to 07 Feb 2025
Min. Lumpsum Amount
₹100
SIP Amount
Rs. 100
Scheme Type
Open Ended
Category
Others - Index Funds/ETFs
Risk Level
Very High
Expected Expense Ratio
0.15%
Exit Load
0.25%
Benchmark
Nifty500 Momentum 50 Total Return
Plan Options
Growth

Fund Objective

To provide returns before expenses that correspond to the Nifty500 Momentum 50 TRI subject to tracking errors. There is no assurance that the investment objective of the scheme will be achieved.

AMC Details

Name
Axis Mutual Fund
Fund Managers
Mr. Karthik Kumar (Equity)
Mr. Sachin Relekar (Equity)
Website
http://www.axismf.com

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Disclaimer: This is 3rd Party content/feed, viewers are requested to use their discretion and conduct proper diligence before investing, GoodReturns does not take any liability on the genuineness and correctness of the information in this article

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