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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% |
Multicap equity funds are designed to offer flexibility by diversifying investment in various market cap segments. It aims to capture the growth capacity of middle and small cap stocks while maintaining exposure to large cap shares to manage risk and instability.
The fund wants to provide long -term capital appreciation with stable returns and slight risk.
The suggested asset allocation is 60% to 100% in equity and 0% to 40% in cash and money market equipment.
The fund will be benchmark against the Nifty 500 and will carry a Fund Management Charge (FMC) of 1.35%.
To reach the CNBC TV18 investment calculator for more insight and to reach various investment calculators.
NFO will be available by 31 January 2025.
Alok Rungta, MD and CEO of Future General India Life Insurance, said, “The launch of multicap equity funds focuses on addressing our customers’ developed investment needs, which provides long -term development opportunities.”
The Chief Investment Officer, Neeraj Kumar said, “The purpose of the fund structure is to provide flexibility and flexibility by investing in the market cap segment, balanced the risk and to return to fulfill the objectives of investors’ development objectives.”
first published: January 16, 2025 12:19 pm First
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