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Index Fund Corner
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| Scheme Name | 1-Year Return | Invest Now | Fund Category | Expense Ratio |
|---|---|---|---|---|
| Axis Nifty 50 Index Fund | +32.80% | Invest Now | Equity: Large Cap | 0.12% |
| Axis Nifty 100 Index Fund | +38.59% | Invest Now | Equity: Large Cap | 0.21% |
| Axis Nifty Next 50 Index Fund | +71.83% | Invest Now | Equity: Large Cap | 0.25% |
| Axis Nifty 500 Index Fund | — | Invest Now | Equity: Flexi Cap | 0.10% |
| Axis Nifty Midcap 50 Index Fund | +46.03% | Invest Now | Equity: Mid Cap | 0.28% |
Karthik Kumar will manage the fund.
The ETF will invest in stocks that are part of the Nifty500 Momentum 50 index. It aims to follow a passive investment strategy by maintaining the same composition as the benchmark index.
The fund may also invest in debt and money market instruments to meet liquidity needs and expense requirements.
Investors can subscribe to the ETF with a minimum investment of ₹500, with additional investments in multiples of ₹1.
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The fund will be listed on NSE and BSE, allowing investors to trade units on the exchange.
Key features of Axis Nifty500 Momentum 50 ETF:
Benchmark: NIFTY500 Momentum 50 TRI
Exit Load: Nil
Strategy: Momentum-based investing in stocks showing strong price trends
The ETF aims to offer investors a diversified, low-cost, and tax-efficient way to participate in the momentum segment of the Indian equity market. Once listed, investors will have the flexibility to buy and sell units on the exchange.
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