Axis NIFTY Bank ETF
Scheme Type: ETF
Investment Objective
Benefits of
Investor invests at nearly the real-time prices as opposed to end of day price
Best suited to earn asset class performance-linked return by replicating the index basket as closely as possible
Protects long-term investors from the inflows and outflows of short-term investors
Tool for gaining instant exposure to the markets
Low expense ratio
Fund Manager
Entry Load
Exit Load
- Long term wealth creation solution.
- An index fund that seeks to track returns by investing in a basket of NIFTY Bank Index stocks and aims to achieve returns of the stated index, subject to tracking error
Investors can directly approach the AMC for redemption of units of ETFs, without any exit load, in case of the following scenarios:
i. Traded price (closing price) of the ETF units is at discount of more than 1% to the day-end NAV for 7 continuous trading days, or
ii. No quotes for such ETFs are available on stock exchange(s) for 3 consecutive trading days, or
iii. Total bid size on the exchange is less than half of creation units size daily, averaged over a period of 7 consecutive trading days
In case of the above scenarios, applications received from investors for redemption upto 3.00 p.m. on any trading day, shall be processed by the AMC at the closing NAV of the day.
Goal Planning
Access all the goal features and benefits at No Cost.
Choose your goal
Top 1 sectors
Issuers
Investment Packs
Download our app
Axis Bank Ltd. is not liable or responsible for any loss or shortfall resulting from the operation of the scheme.
Past performance may or may not be sustained in future. Please consult your financial advisor before investing.
Mutual fund investments are subject to market risks, read all scheme related documents carefully.
Copyright © 2020. All rights reserved Axis Mutual Fund.
Connect with us :
Privacy | Terms of Use | Disclaimer | Sitemap