To provide returns before expenses that closely correspond to the total returns of the Nifty 500 TRI, subject to tracking errors. There is
no assurance that the investment objective of the Scheme will be achieved.
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DATE OF ALLOTMENT | 12th July 2024 |
 |
MONTHLY AVERAGE | 212.74Cr. |
| AS ON 28th February, 2025 | 204.17Cr. | |
 |
BENCHMARK | Nifty 500 TRI |
 |
TRACKING ERROR | 0.23%
(As compared to Nifty Bank TRI) |
| Since the fund has not completed 1-year, tracking error is taken from the launch date of the scheme. The tracking error may look optically elevated on account of deployment during the first few days of the scheme. This effect is transitionary in nature and normalizes as the fund completes 1 year since fund launch. | ||
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FUND MANAGER | |
| Mr. Karthik Kumar | Work experience: 15 years.He has been managing this fund since 16th July 2024 | |
Past performance may or may not be sustained in future. Different plans have different expense structure. Karthik Kumar is managing the scheme since 16th July 2024 and he manages 21 schemes of Axis Mutual Fund .Please refer to annexure for performance of all schemes managed by the fund manager. Returns greater than 1 year period are compounded annualised (CAGR). Face Value per unit : ₹ 10.
Entry Load : NA
Exit Load : If redeemed/ switched out within 15 days from the date of allotment: 0.25%, if redeemed/ switched
out after 15 days from the date of allotment: Nil
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