The Axis Nifty500 Value 50 ETF, managed by Axis Asset Management Company Limited, aims to replicate the Nifty500 Value 50 TRI, representing a value investment strategy within an open-ended structure.

This ETF employs a tracking approach to closely mirror the Nifty500 Value 50 TRI, with a modest tracking error of 0.86%, indicating efficient benchmark replication with minimal deviations.

The portfolio is concentrated in key sectors such as Oil, Gas, Financial Services, and Metals, with top holdings like Vedanta and State Bank of India, each at approximately 5.1% allocation.

Over the past year, the ETF has delivered a robust return of 16.5%, reflecting strong performance in value-oriented stocks amidst market fluctuations, although longer-term CAGR data is currently unavailable.

With a fund size of ₹13.8 Cr and an expense ratio of 0.25%, this ETF offers a cost-effective option for investors seeking exposure to the Nifty500 Value 50 index.