NFO Alert: Axis Mutual Fund Launches Nifty500 Value 50 ETF- G

Axis Mutual Fund has launched the Axis Nifty500 Value 50 ETF-G, an open-ended Exchange-Traded Fund (ETF) that tracks the Nifty500 Value 50 Total Return Index (TRI). The NFO will be open for subscription from March 10, 2025, to March 12, 2025.

NFO Details

The New Fund Offer (NFO)  details are as follows:

• Fund House: Axis Mutual Fund
• Category: Equity – Value Oriented
• Type: Open-ended ETF
• Benchmark: Nifty500 Value 50 TRI
• Minimum Investment: ₹500
• Exit Load: Nil
• Lock-in Period: None
• Plans Available: Growth
• Risk Level: Very High

Investment Strategy

The scheme aims to generate returns that mirror the Nifty500 Value 50 TRI, before expenses and subject to tracking errors. The index comprises 50 value stocks selected from the Nifty 500 universe, based on metrics such as low price-to-earnings (P/E) ratio, low price-to-book (P/B) ratio, and high dividend yield.

Fund Management

The scheme is managed by Karthik Kumar. KFin Technologies Ltd. is the registrar and transfer agent. As a passively managed ETF, the fund aims to maintain alignment with the benchmark index while keeping tracking errors low.

Features

1. Index-Based Selection – The fund passively tracks an index of 50 value stocks.
2. Lower Investment Requirement – Minimum subscription starts at ₹500.
3. No Lock-in Period – Investors can enter and exit freely.
4. No Exit Load – No charges apply when redeeming investments.

The NFO opens on March 10, 2025, and closes on March 12, 2025. After this period, the fund will be available for trading on the stock exchanges.

Conclusion 

Classified as very high risk, the fund is for investors with a high risk tolerance. Since it follows a value-investing approach, stock performance may be influenced by market fluctuations and economic conditions.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Mutual Fund investments in the securities market are subject to market risks, read all the related documents carefully before investing.