MUTUAL FUNDS
Axis Mutual Fund files offer document for Nifty Next 50 ETF
Nov-05-2026
Axis Mutual Fund has filed offer document with SEBI to launch an open-ended scheme named ‘Axis Nifty Next 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 or option for investment and seeks to collect a Minimum Target Amount of Rs 5 crore.

The performance will be benchmarked against Nifty Next 50 TRI. The minimum application amount will be Rs 5000 and in multiples of Rs 10 thereof.

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

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