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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% |
The NFO will close on March 5, 2025.
The open-ended scheme falls under the hybrid equity savings category and follows a blended investment strategy. It seeks to generate capital appreciation through a mix of equity exposure, arbitrage opportunities, and debt instruments. The minimum investment required is ₹500, with subsequent investments in multiples of ₹1.
Investors can choose between the Direct Plan and Regular Plan, both offering only the Growth option.
The exit load structure stipulates a 0.25% charge if units are redeemed or switched within seven days from the date of allotment, while no exit load applies if redemption or switching occurs after seven days.
Systematic transactions such as SIP, Flex SIP, STP, and Flex STP will be subject to the exit load prevailing on the date of registration.
The scheme’s investment approach includes equity and equity-related instruments aimed at long-term capital growth, arbitrage opportunities to generate low-risk returns by leveraging market inefficiencies, and debt and money market instruments to provide stability and liquidity. In line with SEBI guidelines, redemption requests will be processed within three working days from receipt, the fund house said in its document.
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First Published: Feb 25, 2025 10:02 AM IST