Home Personal Finance News Axis MF launches Nifty500 Quality 50 Index Fund 
Axis Mutual Fund has announced the launch of the Axis Nifty500 Quality 50 Index Fund, an open-ended index fund that tracks the Nifty500 Quality 50 TRI. The New Fund Offer (NFO) will remain open from August 21 to September 4. The fund will be managed by Karthik Kumar and Hitesh Das, and aims to provide investors with low-cost and transparent exposure to 50 high-quality companies selected from the Nifty 500 universe. The minimum investment amount during the NFO is �100, with subsequent investments in multiples of �1. The fund has an exit load of 0.25% if redeemed within 15 days of allotment; no exit load applies thereafter.
The Nifty500 Quality 50 Index selects companies based on factors such as return on equity, financial leverage, and earnings stability, using a rules-based approach. This methodology seeks to reduce human bias and ensures consistent portfolio construction. According to Axis Mutual Fund, the index has historically shown resilience during market downturns, including the Global Financial Crisis and the COVID-19 correction, while also delivering competitive long-term returns. Over the 15 years ending July 2025, it generated a compounded annual growth rate of 15.6%, compared with 12.1% for the Nifty 50, alongside lower volatility. Commenting on the launch, B. Gopkumar, MD & CEO, Axis AMC, said the fund offers investors a disciplined and transparent way to gain exposure to Indias strong companies. He added, Quality is a time-tested investment factor that has shown resilience in uncertain markets and an ability to capture upside in growth cycles. Ashish Gupta, CIO, Axis AMC, said the strategy focuses on companies with robust earnings potential, strong balance sheets, and sustainable advantages. By investing in businesses across different sectors and market caps, this fund offers investors a portfolio designed to weather downturns and participate in growth phases, he said.
The Axis Nifty500 Quality 50 Index Fund will be rebalanced semi-annually and maintain stock weight caps to ensure balanced representation. The product offers diversified exposure across large, mid, and small caps as well as multiple sectors.
