Axis Nifty EV & New Age Automotive Index Fund Key Offer Details
- Opening date
- 16 Oct 2026
- Closing date
- 30 Oct 2026
- Scheme type
- Open-Ended
- NAV
- ₹10
- Min. invst.
- ₹100
- Min. SIP
- ₹100
About Axis Nifty EV & New Age Automotive Index Fund
Index funds invests in stocks that emulate a market index like NSE Nifty, BSE Sensex, etc. They invest in the same securities which are present in underlying index. These funds aim to offer returns comparable to the index they track.
Axis Nifty EV & New Age Automotive Index Fund Scheme Info
- Plan
- Direct
- Lock in
- None
- Exit Load
- 0.25%
0.25% on or before 15D, NIL after 15D
- Base Exp. Ratio
- 0%
- Benchmark
- Nifty EV and New Age Automotive - TRI
Axis Nifty EV & New Age Automotive Index Fund Scheme Objective
To provide returns before expenses that correspond to the performance of Nifty EV & New Age Automotive TRI subject to tracking error. There is no assurance that the investment objective of the scheme will be achieved.
AMC Profile of Axis Nifty EV & New Age Automotive Index Fund
Axis Asset Management Company Ltd. is the mutual fund investment wing of Axis Bank, the 3rd largest private bank in India. 74.99% share of the AMC is held by Axis Bank while the rest 24% is held by Schroder Singapore Holdings Private Limited.
- Total AUM
- ₹ 3,68,720.81 Cr
- No. of schemes
- 76
Axis Nifty EV & New Age Automotive Index Fund Manager Profile
Axis Nifty EV & New Age Automotive Index Fund Peers
Axis Nifty EV & New Age Automotive Index Fund Peers & Comparison
Comparing 4 mutual funds from
EquityIndex Fund Frequently asked questions
What is Axis Nifty EV & New Age Automotive Index Fund?
Axis Nifty EV & New Age Automotive Index Fund is an open-ended Index Fund scheme launched by Axis Asset Management Company Ltd., investing primarily in Equity. It is benchmarked against Nifty EV and New Age Automotive - TRI and offered in Direct and Regular plans with Growth and IDCW options.
What is the open date of Axis Nifty EV & New Age Automotive Index Fund NFO?
The NFO of Axis Nifty EV & New Age Automotive Index Fund opens for subscription on 15 Oct 2026.
What is the close date of Axis Nifty EV & New Age Automotive Index Fund NFO?
The NFO of Axis Nifty EV & New Age Automotive Index Fund closes for subscription on 30 Oct 2026. Applications must be submitted before this date for allotment at the NFO offer price.
What is the minimum lumpsum investment in Axis Nifty EV & New Age Automotive Index Fund?
The minimum lumpsum investment in Axis Nifty EV & New Age Automotive Index Fund is ₹100.
What is the minimum SIP amount for Axis Nifty EV & New Age Automotive Index Fund?
The minimum SIP amount for Axis Nifty EV & New Age Automotive Index Fund is ₹100 per SIP installment.
Who is the fund manager of Axis Nifty EV & New Age Automotive Index Fund?
Axis Nifty EV & New Age Automotive Index Fund is managed by Nandik Mallik, Rohit Gautam, who has 6 years of fund management experience and also manages 21 other schemes at Axis Asset Management Company Ltd..
Is Axis Nifty EV & New Age Automotive Index Fund a good investment?
Axis Nifty EV & New Age Automotive Index Fund is a new scheme with no performance track record yet, so it should be evaluated on Nandik Mallik, Rohit Gautam's experience, Axis Asset Management Company Ltd.'s record on similar schemes, the fund's Equity strategy, and fit with an investor's existing portfolio — not past returns.
What type of fund is Axis Nifty EV & New Age Automotive Index Fund?
Axis Nifty EV & New Age Automotive Index Fund is categorized as a Index Fund scheme under SEBI's mutual fund classification — investing at least 35% each in large-cap and mid-cap stocks (for Large & Mid Cap funds).
Is there a lock-in period or exit load for Axis Nifty EV & New Age Automotive Index Fund?
Axis Nifty EV & New Age Automotive Index Fund has no lock-in period and an exit load of 0.25% if redeemed within 15 days of investment.
