Skip to main content

AXIS MUTUAL FUND TO LAUNCHAXIS TECHNOLOGY ETF

 Axis Mutual Fund Launching it's Technology Fund

Category Average Returns in Last 6 Months is 26.30%

An Open-Ended Exchange Traded Fund tracking NIFTY IT INDEX.

Issue Open From:-18-Mar-2021

Issue Closing On:-23-Mar-2021


Fund Manager:-Mr.Jinesh Gopani

Mr.Viresh Joshi

Benchmark:-NIFTY IT TRI

Expense Ratio:-Upto 1%

Exit Load:-Nil

Invesment Objective:-The Scheme Seeks to provide returns Before expenses that closely correspond to the Total Return of NIFTY IT INDEX, subject To Tracking Error.

Read The Scheme Information Documents

Risk:-High

Suitable For:-

  • Long Term Wealth Creation
  • Invest In IT Sector Fund


How will The Scheme Allocates Its Assets..

95%-100% Equity Instruments coveted By constituting NIFTY IT INDEX

0-5% In Debt&Money Market Instruments.


Performance Of Existing Schemes:-

1.ICICI PRUDENTIAL IT ETF:-

3 Months:-14.67%

6 Months:-33.47%


2.SBI IT ETF:-

1 Month:-2.91%

3 Month:-15.16%












Comments

Post a Comment

Popular posts from this blog

Groww Nifty India Internet ETF FoF NFO: A Gateway to India’s Digital Revolution

  🌐 Groww Nifty India Internet ETF FoF NFO: A Gateway to India’s Digital Revolution         What’s Inside the NFO? Launch Dates: Opens June 13, 2025 and closes June 27, 2025  . Minimum Investment: ₹ 500; no exit load  . Offer Price: Units offered at ₹ 10 during NFO  . Scheme Type: Fund of Funds (FoF) investing in Groww Nifty India Internet ETF (‘the ETF’)  . Fund Managers: Nikhil Satam, Aakash Chauhan & Shashi Kumar  . Investment Objective The scheme aims for long-term capital growth by mirror‑investing at least 95% in the ETF, which itself replicates the Nifty India Internet Index – TRI  . Assets not invested in the ETF may be directed to debt or money market instruments (up to 5%) . Why the Internet Index? 21 companies across e‑commerce, fintech, digital travel, stockbroking, online media, etc.  . Index is market‑cap weighted (capped at 20% per stock), rebalanced quarterly and reconstituted s...
Post a Comment
Read more

Name of Some International Funds,Fund of Funds, Multicap funds.

   Hello everyone,If you watch my video I tell about International funds, Fund of Funds,Multi cap funds So here are some funds    Fund ofFunds:- 1).Quantum equity FOF                              2).HDFC dynamic PE ration FOF                              3).Franklin india life stage FOF International Funds:- 1).Invesco india pan european equity fund                                           2)Kotak global emerging equity fund                                           Multi cap funds:- 1).Invesco multi cap funds                           ...
Post a Comment
Read more