Skip to content
NFO

Axis Mutual Fund launches Axis Nifty EV and New Age Automotive Index Fund

To provide returns before expenses that correspond to the performance of Nifty EV & New Age Automotive TRI subject to tracking error. There is no assurance that the investment objective of the scheme will be achieved. This product is suitable for investors who are seeking to generate long term wealth creation solution. An index fund...

NFO period: 16th Oct - 30th Oct, 2026

Highlights of the NFO:

  • Scheme type - An Open Ended scheme replicating/tracking Nifty EV & New Age Automotive Index.
  • Investment objective - To provide returns before expenses that correspond to the performance of Nifty EV & New Age Automotive TRI subject to tracking error. There is no assurance that the investment objective of the scheme will be achieved.
  • Product suitability - This product is suitable for investors who are seeking to generate long term wealth creation solution. An index fund that invests in constituents of Nifty EV & New Age Automotive TRI and aims to achieve returns of the stated total return index, subject to tracking error.
  • Minimum Application Amount - Rs. 100 and in multiples of Re. 1/- thereafter
  • Plan/ Options available - The Scheme has Regular Plan and Direct Plan.Each Plan offers only Growth Option.
  • Fund Managers - Mr. Nandik Malik & Mr. Rohit Gautam
  • Benchmark - Nifty EV & New Age Automotive TRI

(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)

Industry news reproduced from the AdvisorKhoj feed · Advisorkhoj Team. Reported for information only — nothing here is a recommendation to invest in any scheme.

All newsAsk about this