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| Name of the scheme | 1-year back | Invest now | Fund category | expense ratio |
|---|---|---|---|---|
| Axis Nifty 50 Index Fund | +32.80% | Invest now | Equity: Big Cap | 0.12% |
| Axis Nifty 100 Index Fund | +38.59% | Invest now | Equity: Big Cap | 0.21% |
| Axis Nifty Next 50 Index Fund | +71.83% | Invest now | Equity: Big Cap | 0.25% |
| Axis Nifty 500 Index Fund | , | Invest now | Equity: Flexi Cap | 0.10% |
| Axis Nifty Midcap 50 Index Fund | +46.03% | Invest now | Equity: Mid Cap | 0.28% |
Funds, which have been benchmark against domestic gold prices, will be listed on NSE and BSE, allowing investors to trade units on stock exchanges.
The new fund offer (NFO) closes on February 28, 2025, which requires a minimum investment of 500 with a minimum investment requirement.
The Fund House stated that Net Asset Value (NAV) would be updated daily on AMFI and Fund House websites, while symbolic NAVs (INAVs) will be available on stock exchange platforms during trading hours.
The launch comes at a time when Gold ETF records are watching.
According to data from the Mutual Funds (AMFI) in India, investors in January 2025, in January 2025, added a .4 3,751.4 crore in Gold ETF.
It jumps from ₹ 640 crore in December 2024.
Many factors are driving this bounce, in which increasing gold prices, global uncertainties increase market volatility, and geopolitical risks that are pushing investors to safe-people assets.
Additionally, the expectations of central bank rate cuts are investing more attractive to gold, while inflation concerns are motivating investors to use gold ETF as hedge.
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