MUTUAL FUNDS
Axis Mutual Fund files offer document for Nifty 500 Momentum 50 ETF
Sep-25-2026
Axis Mutual Fund has filed offer document with SEBI to launch an open ended scheme named ‘Axis Nifty 500 Momentum 50 ETF ‘. The New Fund Offer price will be Rs 10 during the NFO. Entry load and exit load will be nil. The Scheme does not offer any Plans/Options for investment and seeks to collect a Minimum Target Amount of Rs 5 crore.

The performance will be benchmarked against Nifty500 Momentum 50 TRI. The minimum application amount is Rs 5000 and in multiples Rs 10 thereafter.

The investment objective of the scheme is to provide   returns   before   expenses   that   correspond   to   the performance of Nifty500 Momentum 50 TRI.

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