AXIS MUTUAL FUND With NFO
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| AXIS MUTUAL FUND |
New Fund Offer July 9 Axis Mutual Fund has launched a new Nifty 500 index fund. This ends. It provides an opportunity to invest in the top 500 companies listed in NSE. At least Rs. 100 can be invested in it.
This fund invests up to 73% in large-cap stocks, 17% in mid-cap stocks, and 10% in small-cap stocks. Axis AMC B. Gopakumar said the fund is ideal for long-term investors who want diversification across market caps, those who want to follow a passive investment strategy with low costs, and new investors who want a simple investment vehicle.