Axis Nifty 500 Quality 50 Index Fund NFO – A Closer Look
Introduction Axis Mutual Fund has introduced its new offering – Axis Nifty 500 Quality 50 Index Fund , an open-ended index scheme designed to mirror the performance of the Nifty 500 Quality 50 Total Return Index (TRI) . The scheme provides investors with exposure to 50 high-quality companies picked from the larger Nifty 500 universe. Fund Snapshot Particulars Details NFO Opening Date August 21, 2025 NFO Closing Date September 4, 2025 Minimum Investment ₹100 and in multiples of Re. 1 thereafter Exit Load 0.25% if redeemed within 15 days; Nil after that Fund Managers Karthik Kumar (Direct Plan) and co-managed by Hitesh Das (Regular Plan) Benchmark Nifty 500 Quality 50 TRI Objective To generate returns that closely track the index, subject to tracking errors What Makes This Index Special? The Nifty 500 Quality 50 Index selects companies based on their quality scores , which are calculated using: Return on Equity (ROE) – to asse...