Description

Axis Mutual Fund launches new index fund NFO available for investment from August 21 to September 4, 2025 on NSE platform.

Summary

NSE announces the launch of Axis Nifty500 Quality 50 Index Fund NFO (New Fund Offer) on the NSE MF Invest Platform. The fund will be available for investment from August 21, 2025, to September 4, 2025, until 11:59 PM, with allotment scheduled for September 10, 2025.

Key Points

  • Two plan options available: Direct Plan - Growth and Regular Plan - Growth
  • Fund category: Equity
  • Investment period: August 21 - September 4, 2025 (until 11:59 PM)
  • Allotment date: September 10, 2025
  • Clear funds must be received in designated Clearing Corporation account by NFO closing date

Fund Details

Plan TypeISINCategoryAllotment Date
Direct Plan - GrowthINF846KA1200Equity10.09.2025
Regular Plan - GrowthINF846KA1192Equity10.09.2025

Compliance Requirements

  • Members must ensure clear funds are received through any payment mode in the designated Clearing Corporation account on or before the NFO closing date
  • All transactions to be conducted through NSE MF Invest Platform

Important Dates

  • NFO Opening: August 21, 2025
  • NFO Closing: September 4, 2025 (11:59 PM)
  • Allotment Date: September 10, 2025

Impact Assessment

This is a routine NFO launch with minimal market impact. It provides investors with another index fund option tracking the Nifty500 Quality 50 Index, expanding investment choices on the NSE MF Invest Platform.

Impact Justification

Routine NFO launch notification with limited market impact