Index fund corner
Sponsored
| 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% |
The new fund offer (NFO) will open on February 6, 2025 and will close on February 20, 2025.
The fund will invest mainly in equity and equity-related securities of companies engaged in consumption-operated sectors such as FMCG, retail, automobile, healthcare and consumer services.
The objective of this scheme is inspired by India’s long -term domestic consumption, increasing income, urbanization and developing consumer behavior. The fund will follow a market-cap unknowable approach, which will invest in both well-established and emerging consumption-centered companies.
According to Fund Manager Rohan Coorde at ITI AMC, “Conjppens Space offers a compelling investment opportunity that operates from rising income, develops consumer behavior, and expands rapidly. The purpose of our fund The target is to capitalize on these trends by selecting companies.
The fund will be co-in-thewcted by Rohan Korde (Fund Manager-equity) and Dhimant Shah (Senior Fund Manager).
The portfolio of the fund will follow a mixture of top-down and bottom-up investment strategies to identify opportunities in the construction areas.
ITI AMC, which started operations in April 2019, expanded to 48 places and manages AUM of ₹ 9,566.51 crore by 31 January 2025.
Rajesh Bhatia, CIO, ITI AMC said, “Our disciplined investment approaches ensure that we build well diverse portfolio that investors align with goals.”
first published: February 5, 2025 12:51 pm First
,
