Axis Nifty EV & New Age Automotive Index Fund NFO 2026: Should You Invest? India’s automobile industry is going through a major transformation. Electric vehicles (EVs), advanced batteries, automotive electronics and new vehicle technologies are changing how people travel. To provide investors with exposure to this growing ecosystem, Axis Mutual Fund has launched the Axis Nifty EV & New Age Automotive Index Fund . The New Fund Offer (NFO) opens on 16 October 2026 and closes on 30 October 2026 . But before investing, it is important to understand the fund’s investment strategy, portfolio, risks and suitability. Axis Nifty EV & New Age Automotive Index Fund: Key Details Fund name: Axis Nifty EV & New Age Automotive Index Fund Fund house: Axis Mutual Fund Fund category: Equity Index Fund Scheme type: Open-ended index fund NFO opening date: 16 October 2026 NFO closing date: 30 October 2026 NFO price: ₹10 per unit Minimum investment: ₹100 Benchmark: Nifty EV ...
Why most Indians don't Invest in the stock market. India can become an economic superpower if at least 25% of Indians start investing in the stock market. But we lack in investment because of many reasons. Don't know about the stock market. Lack of knowledge is the main reason for not investing in the stock market. People don't know how the stock market works and lack interest in it. People know about big companies but they don't know how they operate, how the system works. Stock market seems like a fantasy world to them. Everywhere they read, hear about big companies but they just don't pay attention. Newspapers only print about their prices or momentum, but they don't print about their workings. Lack of trust in stock market A few years ago every now and then newspapers printed about scams and frauds with big headings. This has created fear in minds of common people. Scams like Harshad Mehta, Ketan Parekh, Nirav Modi have built such fear that they tend to...