Minimum investment Rs.100 : Axis Nifty500 Momentum 50 Index Fund..!
Axis
Mutual Fund has launched Axis Nifty500 Momentum 50 Index Fund, an open-ended
index fund that will replicate the performance of the Nifty500 Momentum 50 TRI.
The
underlying index measures momentum score based on stocks last six month and 12
months returns of stocks adjusted for volatility.
Passive strategies
continuing to gain popularity…!
With
passive strategies continuing to gain popularity, we believe that this fund
will offer a unique opportunity to invest in India’s most promising
momentum-driven stocks, all while keeping costs low and ensuring broad
diversification. It is an ideal product for investors looking to benefit from
market trends without having to make stock-picking decisions.
The
Nifty500 Momentum 50 Index has shown resilience in India's dynamic market
environment, often outpacing broader market indices by identifying stocks that
are poised for growth. This momentum-driven approach aims to capitalize on
stocks with a strong upward trajectory in recent history.
Given
this context, the fund is a simplified passive strategy designed to offer
investors a simple yet effective way to participate in the growth story of a
broad spectrum of Indian companies. We believe that the fund's broad-based
approach, coupled with the potential for sustainable long-term returns, will
serve as a robust vehicle for wealth creation over the long term, making it an
attractive option for both new and experienced investors.
The minimum investment
amount is Rs.100.
Issue Close 07-Feb-2025
Mr. Koushik Ketharam, Founder, www.intelli360.in
AMFI Registered Mutual Fund
Distributor
www.intelli360.in
assist@intelli360.in
Intelli360 Asset Private Limited
F-124, 2nd Phase, 1 st Floor,
Spencers Plaza, Anna Salai,
Chennai – 600002.
Intelli360 Wealth,
No-80/111/2, Ground floor,
Dr.Moorthy Road, Near Naal Road,
Kumbakonam – 612 001.
Connect Office: 98409 98847 , 98400 46847
Disclaimer: Mutual Fund investments are subject to market risks, read all scheme
related documents carefully. The past performance of the mutual funds is not
necessarily indicative of future performance of the schemes.
