NFO Alert: Axis Mutual Fund Launches Nifty500 Low Volatility 50 Index

Axis Asset Management Company Limited has announced the opening of its New Fund Offer (NFO) for the Axis Nifty500 Low Volatility 50 Index.  

This open-ended investment company aims to provide returns that correspond to the performance of the Nifty500 Low Volatility 50 TRI, subject to tracking error.  

The NFO is available for subscription starting September 9, 2026, with an initial investment requirement of ₹100. 

Key Details of the Axis Nifty500 Low Volatility 50 Index NFO 

The Axis Nifty500 Low Volatility 50 Index NFO is managed by fund managers Nandik Malik and Rohit Gautam. The offer price for the NFO is set at ₹10 per unit.  

The legal structure of this fund is an open-ended investment company, and it falls under the category of index funds. The primary benchmark for this fund is the Nifty500 Low Volatility 50 TRI. 

The transfer agent for this NFO is Karvy Computershare Pvt Ltd. The defer load for this fund is 0.25% for investments held between 0 to 15 days, and 0% for investments held for more than 15 days. The defer load date is set for September 7, 2026. 

Investment Strategy and Risk Level 

The investment strategy of the Axis Nifty500 Low Volatility 50 Index is to provide returns before expenses that align with the performance of the Nifty500 Low Volatility 50 TRI.  

However, there is no assurance that the investment objective of the scheme will be achieved. The risk level of this fund is not specified in the available information. 

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Subscription and Close Dates 

The subscription for this NFO begins on September 9, 2026, and will continue until the close date on September 22, 2026. Investors interested in participating in this NFO can make an initial investment of ₹100. 

Conclusion 

The Axis Nifty500 Low Volatility 50 Index NFO, managed by Axis Asset Management Company Limited, opens for subscription on September 9, 2026, with an offer price of ₹10 per unit. The fund aims to track the performance of the Nifty500 Low Volatility 50 TRI. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Mutual Fund investments are subject to market risks, read all scheme-related documents carefully.