Index Fund Corner
Sponsored
| Scheme Name | 1-Year Return | Invest Now | Fund Category | Expense Ratio |
|---|---|---|---|---|
| Axis Nifty 50 Index Fund | +32.80% | Invest Now | Equity: Large Cap | 0.12% |
| Axis Nifty 100 Index Fund | +38.59% | Invest Now | Equity: Large Cap | 0.21% |
| Axis Nifty Next 50 Index Fund | +71.83% | Invest Now | Equity: Large Cap | 0.25% |
| Axis Nifty 500 Index Fund | — | Invest Now | Equity: Flexi Cap | 0.10% |
| Axis Nifty Midcap 50 Index Fund | +46.03% | Invest Now | Equity: Mid Cap | 0.28% |
The card is notable for its unique construction, made from a metal alloy.
It aims to meet the evolving preferences of affluent customers by providing access to a variety of high-end services.
Key features of the card include:
Travel benefits: Complimentary visa services, unlimited access to over 1,300 global airport lounges, and stays at luxury hotels.
Reward points: Cardholders earn 2.5% reward points on international purchases and 2% on domestic transactions.
Exclusive access: The card provides access to The Quorum Club, co-working spaces, and curated discounts at premium restaurants and luxury retailers.
Milestone rewards: For higher spending, benefits include helicopter rides, luxury transfers, and stays at Ayatana Resorts.
Additionally, the card includes lifestyle management services, reduced foreign currency mark-up fees, and fee-free cash withdrawals.
ICICI Bank’s Rakesh Jha emphasised that the card is aligned with the bank’s broader approach to offering specialised products for affluent customers.
Satyan Gajwani from Times Internet noted that the partnership aims to address the evolving needs of the luxury segment in India.
Visa’s Sandeep Ghosh highlighted the global payment expertise that complements the card’s offering.
The card also provides an annual fee waiver on spending ₹25,00,000 within the year and continues to offer benefits upon renewal.
First Published: Dec 19, 2024 12:09 PM IST
