The Axis Max Life Nifty 500 Multifactor 50 Index Fund is a New Fund Launch available from 20th May to 3rd June. It is the first ever Multifactor Index Fund of Life Insurance Industry in India. The fund is based on the Nifty 500 Multifactor 50 Index, aka the NIFTY 500 Multifactor MQVLv 50. The investment approach uses a Multifactor Strategy and selects the top 50 companies from Nifty 500 based on the B.E.S.T Strategy. Factors considered in the index include quality, value, momentum, and low volatility.
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Plans starting from₹1000/month
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Investment Plans
Generate wealthEarn 1 Cr# in maturity with Zero LTCG tax¶
Double tax savings^On premiums (under 80C) and on maturity (under 10(10D))
What is Axis Max Life Nifty 500 Multifactor 50 Index Fund?
The Axis Max Life Nifty 500 Multifactor 50 Index Fund is a New Fund Offering (NFO) launching on 20th May to 3rd June. This fund is designed to track the Nifty 500 Multifactor 50 Index. This means its performance will be benchmarked against this specific index. The Nifty 500 Multifactor 50 Index selects its constituents based on a "B.E.S.T." (Booming Stocks, Established Companies, Safe, Top Deals) strategy, which appears to be a key factor-based approach for stock selection from the Nifty 500 universe. Essentially, the fund aims to provide investors with exposure to a set of 50 companies chosen by this strategy, offering a focused investment within the larger Nifty 500 framework.
Highlights of Axis Max Life Nifty 500 Multifactor 50 Index Fund
Particulars
Details
Benchmark
Nifty500 Multifactor MQVLv 50 Index
Risk Profile
High
NFO Launch Date
20th May 2025
NFO Duration
20th May – 3rd June 2025
Current NAV
₹10
Minimum Investment
₹2,000 per month
Reasons Why You Should Choose Axis Max Life Nifty 500 Multifactor 50 Index Fund
Below are the reasons why you should choose Axis Max Life Nifty 500 Multifactor 50 Index Fund
High Return Potential
The Nifty 500 Multifactor 50 Index has shown high returns, with 21% returns since inception and 31.7% 5-year returns.
Innovative Strategy
It's the industry's first index fund with a multifactor strategy.
The fund is linked to the Nifty 500 Multifactor 50 Index
The fund's performance will directly mirror the performance of this specific index. Investors aren't just investing in any basket of stocks; they're investing in the top 50 companies chosen by the Nifty 500 Multifactor 50 Index's methodology.
Diversification
The index includes a wide range of companies across various sectors, including financial services, fast-moving consumer goods, healthcare, and more.
Potential for High Growth
Investing through this fund means exposure to established and recognized companies in India, which can provide a degree of stability. Large-cap, mid-cap, and small-cap stocks within the index: The index covers companies of different market capitalizations. This allows investors to participate in the growth potential of both established large-cap companies and potentially higher-growth mid- and small-cap companies.
What is the Nifty 500 Multifactor 50 Index Fund?
The Nifty 500 Multifactor MQVLv 50 Index is a stock market index that tracks the performance of a portfolio of 50 stocks selected from the broader Nifty 500 universe. The selection is based on a combination of four key investment factors
Momentum
Quality
Value
Low Volatility
Each stock's weight in the index is determined by its composite score across these four factors, rather than by market capitalisation alone.
Nifty 500 Multifactor 50 Index Fund With Other Indices
Index Name
5-year returns
RSI (20 years)
NIFTY 500 Multifactor 50
31.7%
21%
NIFTY 50
22.9%
14.7%
NIFTY 200
24.5%
14.8%
NIFTY 500
25.5%
15%
NIFTY Midcap 150
30%
17.5%
NIFTY Smallcap 250
31%
16.1%
Sector Representation of NIFTY 500 Multifactor 50
Sector
Weight(%)
Financial Services
24.85
Oil, Gas & Consumable Fuels
14.78
Fast Moving Consumer Goods
13.54
Healthcare
11.51
Automobile and Auto Components
8.81
Consumer Durables
6.27
Information Technology
5.21
Construction Materials
4.79
Chemicals
2.78
Textiles
2.60
Services
1.70
Consumer Services
1.65
Capital Goods
1.51
Companies of NIFTY 500 Multifactor 50
How to Buy Axis Max Life Nifty 500 Multifactor 50 Index Fund from Policybazaar?
To buy the Axis Max Life Nifty 500 Multifactor 50 Index Fundfrom Policybazaar, follow these steps
Step 1
Fill in your name and contact number in the form on this page to get started.
Note: Your details are kept confidential and will only be used to customize your benefits.
Step 2
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Step 3
Once logged in, you'll be prompted to fill in your city, age, and annual income in the provided form. This information will be used to check the personalised benefits of the plans.
Step 4
After providing your personal information, you'll be presented with Axis Max Life Investment Plans on a blue and red card. Select the Axis Max Life Nifty 500 Multifactor 50 Index Fund option that best suits your needs from the following options
In the Axis Max Life Nifty 500 Multifactor 50 Index Fund, click the "Get Details" tab for more information.
You can also get FREE expert consultation; just click on the talk to an expert button.
Step 6
Review plan details carefully. Once satisfied, click on the "Proceed" button and follow the prompts on the screen to move forward with the purchase.
Step 7
You will be prompted to enter essential details and specify the amount you want to invest. Select the preferred payment method for your investment.
Step 8
Provide your required KYC (Know Your Customer) details. This step is essential for regulatory compliance.
Step 9
Complete the payment process. Upon successful payment, you will receive confirmation of your purchase.
What are the Benefits of Purchasing the Axis Max Life Nifty 500 Multifactor 50 Index Fund from Policybazaar?
Investing through Policybazaar offers a range of valuable benefits
Convenience
Invest online in the Axis Max Life Nifty 500 Multifactor 50 Index Fund via Policybazaar to avoid physical bank or agent visits.
Comparison
Compare multiple investment plans, including new funds, to make informed decisions and find the best market deals.
Expert Guidance
Access financial experts who help select the right NFO plan based on your needs and goals.
Tax Benefits
Maximize tax advantages under Section 80C and Section 10(10D) of the Income Tax Act through investments with Policybazaar.
FAQs
What is the investment strategy of the Axis Max Life Nifty 500 Multifactor 50 Index Fund during different market conditions?
The Axis Max Life Nifty 500 Multifactor 50 Index Fund employs a Multifactor Strategy. This strategy selects the Top 50 companies from the Nifty 500 based on the B.E.S.T Strategy. The factors considered in the underlying index appear to include Quality, Value, Momentum, and Low Volatility, which tend to perform differently in various market environments. The fund is designed to be an All Rounder of Returns suitable for any given market cycle. The index undergoes semiannual rebalancing specifically to cover all market cycles.
What is the Nifty 500 Multifactor 50 Index performance history?
Index Returns (%)
QTD
YTD
1 year
5 years
Since Inception
Price Returns
3.67
-2.66
-0.84
25.38
18.37
Total Returns
3.71
-2.39
0.17
27.46
20.57
QTD, YTD and 1-year returns are absolute returns. Returns for greater than one year are CAGR returns
What is the underlying index for this fund?
The underlying index is the Nifty 500 Multifactor 50 Index, also known as the NIFTY 500 Multifactor MQVLv 50 Index. This index selects the Top 50 Companies from the Nifty 500 universe.
What types of stocks are included in the index?
The Nifty 500 Multifactor 50 Index includes Large Cap Stocks, Midcap Stocks, and Smallcap Stocks. These stocks are described as giving exponential returns and being part of the index. Examples provided include companies from sectors like Public Sector Banking, Pharmaceuticals, Electrical Equipment, Automobiles (Large Cap), Electronics Manufacturing, Financial Services, Tyre Manufacturing, Consumer Goods (Midcap), and Power trading exchange, Pharmaceuticals, Mutual fund transfer agency, Shipping (Smallcap)
˜Top 5 plans based on annualized premium, for bookings made in the first 6 months of FY 24-25. Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. This list of plans listed here comprise of insurance products offered by all the insurance partners of Policybazaar. For a complete list of insurers in India refer to the Insurance Regulatory and Development Authority of India website, www.irdai.gov.in *Past 10 Year annualised returns as on 01-05-2025 *All savings plans are provided by the insurer as per the IRDAI approved insurance plan.
Tax benefit is subject to changes in tax laws. Standard T&C Apply
^The tax benefits under Section 80C allow a deduction of up to ₹1.5 lakhs from the taxable income per year and 10(10D) tax benefits are for investments made up to ₹2.5 Lakhs/ year for policies bought after 1 Feb 2021. Tax benefits and savings are subject to changes in tax laws.
¶Long-term capital gains (LTCG) tax (12.5%) is exempted on annual premiums up to 2.5 lacs. **Returns are based on past 10 years' fund performance data (Fund Data Source: Value Research).
Generate wealthEarn 1 Cr# in maturity with Zero LTCG tax¶
Double tax savings^On premiums (under 80C) and on maturity (under 10(10D))
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