Axis Mutual Fund has announced the launch of the Axis Nifty500 Quality 50 Index Fund, an open-ended index fund tracking the Nifty500 Quality 50 TRI. The fund, managed by Mr. Karthik Kumar and Mr. Hitesh Das, aims to provide investors a simple, transparent, and cost-efficient route to invest in 50 high-quality companies selected from the broader Nifty 500 universe.
The Nifty500 Quality 50 Index selects companies based on strong return on equity, low financial leverage, and stable earnings growth, offering both resilience during market volatility and competitive long-term returns. Historically, the index delivered a 15.6% CAGR over 15 years compared to the Nifty 50’s 12.1%, while providing lower volatility. The fund allows minimum investments of ₹100, with exit loads only applicable within the first 15 days.
B. Gopkumar, MD & CEO of Axis AMC, highlighted that “this fund provides a disciplined, low-cost way to gain exposure to India’s strong companies poised for consistent long-term performance.” Local investors in Guwahati have shown growing interest in index-based mutual funds, seeking stability and diversification amid market fluctuations. Financial advisors in the city anticipate the fund could attract retail investors looking to gradually build equity portfolios with disciplined, long-term strategies. The NFO will be open from 21st August to 4th September 2025.