News12 August 2026
Axis Mutual Fund launches Axis Nifty Energy ETF
NFO period: 12th Aug - 21st Aug, 2026
Highlights of the NFO:
- Scheme type - An open-ended scheme replicating/ tracking Nifty Energy TRI.
- Investment objective - To provide returns before expenses that correspond to the performance of Nifty Energy TRI subject to tracking error/tracking difference. 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 returns before expenses that correspond to the performance of Nifty Energy TRI subject to tracking error/tracking difference.
- Minimum Application Amount - Rs. 5000/- and in multiples of Rs. 10/- thereafter.
- Plan/ Options available - The Scheme does not offer any Plans/Options for investment.
- Fund Managers - Mr. Nandik Malik & Mr. Rohit Gautam
- Benchmark - Nifty Energy TRI
(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 Renuka Investments may not distribute every scheme mentioned. Mutual fund investments are subject to market risks. Read all scheme related documents carefully.