The Axis Nifty500 Value 50 ETF, managed by Axis Asset Management Company Limited, aims to replicate the returns of the Nifty500 Value 50 TRI, adhering to a value investment style.

This open-ended scheme employs a tracking approach focused on minimizing tracking errors, with a benchmark of Nifty500 Value 50 TRI, ensuring alignment with its investment objective.

The fund's portfolio is concentrated in key sectors such as Oil Gas & Consumable Fuels and Financial Services, with top holdings including Hindalco and State Bank of India, reflecting significant industry exposure.

Over the past year, the ETF has delivered a robust return of 13.2%, while maintaining a tracking error of 0.94%, highlighting its performance consistency relative to its benchmark.

With an AUM of ₹12.31 Cr and an expense ratio of just 0.25%, the fund is accessible for investors, managed by Mr. Karthik Kumar, who has 16 years of experience.