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Highlights of Axis Nifty500 Value 50 ETF
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Bengluru, 10th March 2025: Axis Mutual Fund, one of the leading asset management companies in India, announced the launch of New Fund Offer for its new Exchange Traded Fund (ETF) – Axis Nifty500 Value 50 ETF (an open-ended exchange traded fund replicating / tracking the Nifty500 Value 50 TRI). The ETF is designed to provide investors with targeted exposure to the Indian equity markets through Value based strategies. The new ETF offers a low-cost, transparent, and tax-efficient investment opportunity for investors seeking diversified exposure to India’s growing equity markets. Karthik Kumar will be the fund manager for the scheme.
The Scheme would invest in stocks comprising the respective underlying index and shall track the benchmark index. The scheme may also invest in debt and money market instruments, in compliance with Regulations to meet liquidity and expense requirements and in line with the asset allocation pattern. Furthermore, scheme shall invest in stocks forming part of the underlying Index in the same ratio as per the index to the extent possible and to that extent follow a passive investment strategy, except to the extent of meeting liquidity and expense requirements.
The fund is an open-ended ETF, available for subscription with a minimum investment of INR 500 per application and in multiples of INR 1/- thereafter. The ETF will provide investors with access to a broad, well-diversified equity basket. The Axis Nifty500 Value 50 ETF will be listed on the NSE and BSE, providing investors with liquidity and flexibility to trade on the exchange.
Salient Features of the Axis Nifty500 Value 50 ETF:
- Value Strategy: The Axis Nifty500 Value 50 ETF offers a strategy for investors looking to invest in undervalued stocks with strong fundamentals and long-term growth potential.
- Low-Cost Structure: The ETF offers a low expense ratio, making them efficient investment vehicles for capturing value trends in the market.
- Gopkumar, MD & CEO, Axis AMC, said, “With the launch of Axis Nifty500 Value 50 ETF, we are excited to offer Indian investors innovative products that align with the growing trend of value style of investing. This ETF provides a simple and cost-effective way to gain exposure to India’s rapidly expanding stock market, while focusing on strategies that have the potential to deliver superior long-term returns. We believe this ETF will enhance the diversification and performance of investor portfolios.”
