Index Fund Corner
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| Scheme Name | 1-Year Return | Invest Now | Fund Category | Expense Ratio |
|---|---|---|---|---|
| Axis Nifty 50 Index Fund | +32.80% | Invest Now | Equity: Large Cap | 0.12% |
| Axis Nifty 100 Index Fund | +38.59% | Invest Now | Equity: Large Cap | 0.21% |
| Axis Nifty Next 50 Index Fund | +71.83% | Invest Now | Equity: Large Cap | 0.25% |
| Axis Nifty 500 Index Fund | — | Invest Now | Equity: Flexi Cap | 0.10% |
| Axis Nifty Midcap 50 Index Fund | +46.03% | Invest Now | Equity: Mid Cap | 0.28% |
What is a momentum fund?
Momentum funds follow a factor-based investing approach, selecting stocks that have demonstrated strong price performance over a certain period.
These funds capitalise on market trends, aiming to benefit from stocks that continue their upward movement.
However, they may experience higher volatility compared to diversified equity funds.
Key details of the fund
The Motilal Oswal Active Momentum Fund is an open-ended thematic equity scheme. The minimum investment amount is ₹500, with additional investments in multiples of ₹1.
The fund has an exit load of 1% if redeemed within three months, but no exit load applies after that period.
The New Fund Offer (NFO) closes on March 10, 2025.
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Other NFOs currently open for subscription
In addition to Motilal Oswal’s new launch, several other NFOs are currently available across different categories. These include:
- 360 ONE Gold ETF
- Bandhan Nifty Next 50 Index Fund
- DSP Nifty Private Bank Index Fund
- Helios Mid Cap Fund
- Kotak CRISIL-IBX Financial Services 3-6 Months Debt Index Fund
- Kotak Nifty Commodities Index Fund
- Mirae Asset BSE 200 Equal Weight ETF
- Mirae Asset BSE Select IPO ETF
- Nippon India Active Momentum Fund
- Union Gold ETF Fund of Fund
With momentum investing gaining traction, this new fund offers investors an opportunity to participate in trend-driven stock selection within an actively managed portfolio.
ALSO READ | Mirae Asset MF launches two new ETFs tracking BSE indices
