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News3 July 2026

Axis Mutual Fund launches Axis Nifty50 Equal Weight Index Fund

NFO period: 03rd Jul - 17th Jul, 2026

Highlights of the NFO:

  • Scheme type - An Open-Ended scheme replicating/tracking Nifty50 Equal Weight TRI.
  • Investment objective - To provide returns before expenses that correspond to the performance of Nifty50 Equal Weight TRI subject to tracking error. There is no assurance that the investment objective of the scheme will be achieved.
  • Product suitability - This product is suitable for investors who are seeking to generate provide returns before expenses that correspond to the performance of Nifty50 Equal Weight TRI subject to tracking error.
  • Minimum Application Amount - Rs. 100 and in multiples of Re. 1/- thereafter.
  • Plan/ Options available - The scheme offers Regular plan & Direct plan having only Growth Option.
  • Fund Managers - Mr. Nandik Malik & Mr. Rohit Gautam
  • Benchmark - Nifty50 Equal Weight Index
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(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)

This is a summary of a public announcement, shared for information. It is not a recommendation, and 2i WealthPlus Financial Services may not distribute every scheme mentioned. Disclaimer: Mutual Fund investments are subject to market risks, read all scheme related documents carefully. Past performance is not an indicator of future returns. 2i WealthPlus Financial Services acts solely as an AMFI-registered Mutual Fund Distributor (ARN: 266652) and earns trailing commissions paid by Asset Management Companies (AMCs) for mutual fund scheme distribution. In compliance with SEBI guidelines, we do not provide SEBI-registered investment advisory or portfolio management services.