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 ...
Bank of India Value Fund NFO 2026: Hidden Value or Just Another New Fund? Bank of India Mutual Fund has launched a new equity mutual fund — Bank of India Value Fund . As the name suggests, the fund follows a value-investing strategy , where the fund manager looks for companies that may be trading below their estimated intrinsic value but have the potential to create value over the long term. The NFO opened on 28 August 2026 and will close on 11 September 2026 . The scheme is an open-ended equity fund and is currently classified as Very High Risk . Its benchmark is the NIFTY 500 TRI . Let's understand the fund, its strategy, costs, risks and whether it deserves a place in an investor's portfolio. Click here for Risk profiling and Investment. (NO Charges) 1. Bank of India Value Fund – Quick Details Particular Details Fund Name Bank of India Value Fund Category Equity – Value Scheme Type Open-ended NFO Opens 28 August 2026 NFO Closes 11 September 2026 Allotment Date 21 Septem...