Investment Objective
The investment objective of the scheme is to provide returns before expenses that closely correspond to the total returns of the Nifty 500 TRI, subject to tracking errors. There is no assurance that the investment objective of the Scheme will be achieved.
| Fund Overview | |
|---|---|
| Exit Load | 0.25% for redemption within 15 days. |
| Min. SIP Amount | ₹ 100 |
| Min. LumpSum Amount | ₹ 100 |
| Launch Date | 26th Jun 2024 |
| End Date | 9th Jul 2024 |
| Allotment Date | 12th Jul 2024 |
| NAV | ₹10.00 |
| Stamp Duty | 0.005% |
| Lock in | Nil |
| Scheme Benchmark | Nifty 500 TRI |
| Risk | Very High |
| Scheme Category | Other, Index |
| Fund Manager | Karthik Kumar |
| AMCs Details | |
|---|---|
| AMC Name | Axis Mutual Fund |
| RTA | KFin Technologies Ltd. |
| Total AUM | ₹ 2,85,206.03 cr |
| Total scheme | 60 |
How to apply for this NFO?
To apply for this New Fund Offer (NFO), download the Dhan App today!
About Axis Mutual Fund.
Axis Mutual Fund started in October 2009 and has grown significantly since then. The fund’s success is based on three main principles:
- Long-term Wealth Creation: Emphasising investment strategies that aim to build wealth over the long term.
- Customer-centric Approach: Putting customers’ needs and perspectives at the forefront of their operations.
- Sustained Relationships: Building and maintaining long-term relationships with investors.
These principles help Axis Mutual Fund support investors in reaching their financial goals and fulfilling their aspirations.
You can explore more Mutual Funds offered by Axis Mutual Fund here
Happy Investing,
Saurav Parui