Investing in mutual funds often feels complicated, but index funds make the process easier. Index funds track a particular market index,
and now Axis Mutual Fund has introduced a new option for investors — Axis Nifty500 Quality 50 Index Fund.
This fund will invest in the 50 best companies selected from the Nifty 500 index. Let’s understand the details of this fund and its NFO (New Fund Offer).
Details of Axis Nifty500 Quality 50 Index Fund
Axis Mutual Fund, one of India’s leading asset management companies, has launched this open-ended index fund, which tracks the Nifty500 Quality 50 TRI Index.
NFO period: Opened on August 21 and will close on September 4.
NFO (New Fund Offer) means the first time a mutual fund company launches a new scheme for investors.
Minimum investment: ₹100.
Portfolio rebalancing: Every six months.
This fund follows a rule-based approach to pick the 50 strongest companies from the Nifty 500, removing human bias in selection.
Benefits for Investors
The Axis Nifty500 Quality 50 Index Fund gives investors an easy and low-cost way to invest in India’s most trusted and financially strong companies.
It invests across large-cap, mid-cap, and small-cap companies, as well as different sectors, which reduces risk.
According to Axis AMC’s MD & CEO B. Gopakumar, the “quality” factor works well even during market uncertainty, helping investors build a stable and low-risk long-term portfolio.
CIO Ashish Gupta adds that the fund focuses on companies with strong balance sheets, better earnings potential,
and long-term competitive advantages, which can perform well both during downturns and bullish phases.
