March 7, 2025
mayank
Axis Nifty500 Value 50 ETF details, Fund Portfolio, Fund Returns, Peer Comparison, Mutual Fund Guidance @sahifund.com
Table of Contents:
- NFO Open date, Close date
- NFO Investment Strategy
- NFO Basic Details
- NFO Benchmark Index
- Performance Review of Fund Manager
- Should You Invest in this NFO?
- Invest Online
What is the Axis Nifty500 Value 50 ETF Open Date, Close Date?
NFO opens on March 10, 2025
NFO will close on March 12, 2025
Investment Strategy for this NFO?
The scheme seeks to provide returns before expenses that correspond to Nifty500 Value 50 TRI, subject to tracking errors.
Basic Details
| Fund House | Axis Mutual Fund |
| Issue Open | 10 March 2025 |
| Issue Close | 12 March 2025 |
| Type | Open-ended |
| Category | Equity: Value Oriented |
| Min. Investment(Rs) | 500 |
| Plans | Growth |
| Lock-in Period | NA |
| Exit Load | 0 |
| Riskometer | Very High |
| Benchmark | Nifty 500 Value 50 TRI |
About Benchmark Index for this NFO?
The Nifty500 Value 50 index consists of 50 companies from its parent Nifty 500 index, selected based on their ‘value’ scores. The value score for each company is determined based on Earnings to Price ratio (E/P), Book Value to Price ratio (B/P), Sales to Price ratio (S/P) and Dividend Yield.
The index can be used for a variety of purposes such as benchmarking, creation of index funds, ETFs and structured products
Portfolio Characteristics
| Methodology | Tilt Weighted |
| No. of Constituents | 50 |
| Launch Date | September 28, 2018 |
| Base Date | April 01, 2005 |
| Base Value | 1000 |
| Calculation Frequency | Real-Time |
| Index Rebalancing | Semi-Annual |
Fund Managers of Axis Nifty500 Value 50 ETF
1) Karthik Kumar
Education: Mr. Kumar has done M.B.A, C.F.A, (USA) & B.E (Mechanical)
Experience: Prior to joining Axis Mutual Fund he has worked with SilverTree Hong Kong and Asiya Investment, Hong Kong
AMC
Axis Asset Management Company Ltd.
Address: 23rd Floor, One Lodha Place, S. B. Road, Lower Parel. Mumbai – 400013
Website: http://www.axismf.com
Registrar & Transfer Agent
KFin Technologies Ltd.
Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad – 500016
Website: https://mfs.kfintech.com/mfs/
Review for Axis Nifty500 Value 50 ETF @ sahifund.com by Paresh Gordhandas, C.A. & Research Analyst
[ A ] Benchmark Performance of Nifty 500 Value 50 TRI
Performance
| Index Returns (%)# | QTD | YTD | 1 Year | 5 Years | Since Inception |
| Price Return | -10.91 | -10.91 | -4.87 | 31.18 | 13.29 |
| Total Return | -10.52 | -10.52 | -3.51 | 34.08 | 16.23 |
| Statistics ## | 1 Year | 5 Years | Since Inception |
| Std. Deviation * | 25.34 | 24.73 | 26.12 |
| Beta (NIFTY 50) | 1.46 | 1.00 | 0.98 |
| Correlation (NIFTY 50) | 0.81 | 0.77 | 0.79 |
Fundamentals
| P/E | P/B | Dividend Yield |
| 9.36 | 1.36 | 3.59 |
Top constituents by weightage
| Company’s Name | Weight(%) |
| Hindalco Industries Ltd | 5.75 |
| Tata Steel Ltd | 5.57 |
| Coal India Ltd. | 5.45 |
| Oil & Natural Gas Corporation Ltd. | 5.35 |
| NTPC Ltd | 5.31 |
| Grasim Industries Ltd. | 5.30 |
| Vedanta Ltd. | 4.89 |
| State Bank of India | 4.83 |
| Tata Motors Ltd. | 4.78 |
| Indian Oil Corporation Ltd. | 4.69 |
Note on Benchmark Performance:
The scheme seeks to provide returns before expenses that correspond to Nifty500 Value 50 TRI. The Nifty500 Value 50 index consists of 50 companies from its parent Nifty 500 index, selected based on their ‘value’ scores. The value score for each company is determined based on Earnings to Price ratio (E/P), Book Value to Price ratio (B/P), Sales to Price ratio (S/P) and Dividend Yield. So the index is anticipated to provide high returns and accordingly the benchmark index has provided 34% pa returns during last 5 years.
[ B ] Performance Review of the Fund Managers of this NFO
Past Performance of Karthik Kumar
| Fund | Axis Quant Fund | It’s Benchmark | Axis BSE Sensex ETF | It’s Benchmark |
| 1 Year | -7.99 | 1.05 | 1.41 | 2.00 |
| 3 Year | 12.45 | 14.79 | — | — |
| 5 Year | — | — | — | — |
| 7 Year | — | — | — | — |
| 10 Year | — | — | — | — |
As on 7-3-2025
Note on Fund Managers’ performance:
As you know, the Fund managers are like pilots navigating through both turbulent and calm skies. Their ability to manage the fund effectively during both challenging and favorable times is key. Therefore, analyzing the historical performance of fund managers is important to gauge their future potential.
This NFO has one fund manager and he has not so impressive performance in the randomly selected schemes.
[ C ] My review
Considering the two factors mentioned above, along with the strong growth potential of the top 50 value stocks, we highly recommend investing in this NFO.
Is it good to invest in Axis Nifty500 Value 50 Exchange Traded Fund (ETF) NFO?
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