Axis Nifty EV & New Age Automotive Index Fund
An open-ended index fund that tracks the Nifty EV & New Age Automotive Index: vehicle makers, battery and component makers, raw-material suppliers and automotive-technology companies. Other funds and ETFs already track the same index.
- 16 Oct 2026
- Offer opens
- 30 Oct 2026
- Offer closes
- To be announced
- Allotment
- ₹100
- Minimum investment
Investment objective
Returns, before expenses, that correspond to the total return of the Nifty EV & New Age Automotive Index, subject to tracking error. There is no assurance the objective will be achieved.
Scheme details
- Category
- Index Fund · Nifty EV & New Age Automotive
- Benchmark
- Nifty EV & New Age Automotive TRI
- Exit load
- 0.25% if redeemed or switched out within 15 days of allotment; nil after.
- Fund managers
- Nandik Malik, Rohit Gautam
- Plans and options
- Regular and Direct plans, Growth option
Documents
Offer documents and downloads
Documents open at the original publisher (the fund house or exchange where available), so you always get the current version. Where only a published listing is available, confirm the terms with Trustner.
A one-page summary of this offer from the fund house’s documents, and a short presentation you can share.
Before you invest in any NFO
- Read the SID and KIM. They govern over any summary, including this page.
- A new fund has no track record and no NAV history of its own.
- ₹10 a unit is a starting price, not a discount. NAV level says nothing about value.
- Check how this fits with what you already hold, especially funds in the same category.
Source: Axis Mutual Fund NFO page and presentation, checked 18 Oct 2026
This page presents facts from the fund house’s offer documents for information. It is not investment advice or a recommendation to invest in this scheme. Mutual fund investments are subject to market risks. Read all scheme-related documents carefully before investing. Past performance does not guarantee future returns. | Trustner Asset Services Pvt. Ltd. | ARN-286886 | CIN: U66301AS2023PTC025505 | AMFI Registered Mutual Fund Distributor and SIF Distributor; APMI Registered PMS Distributor