Axis Nifty 50 Index Fund Regular-IDCW
NAV as of Jul 05, 2024
14.360.11%
(Earn upto 0.30% Extra Returns with Direct Plan)
Fund Category:
Equity: Large Cap
Expense Ratio:
0.42%(0.88% Category
average)Fund Size:
Rs. 449.68 Cr(0.10% of Investment in Category)
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Axis Nifty 50 Index Fund Regular-IDCW
NAV as of Jul 05, 2024
14.360.11%
Expense Ratio:
0.42%
Fund Size:
Rs. 449.68 Cr
Fund Category:
Equity: Large Cap
1. Current NAV: The Current Net Asset Value of the Axis Nifty 50 Index Fund - Regular Plan as of Jul 05, 2024 is Rs 14.36 for IDCW option of its Regular plan.
2. Returns: Its trailing returns over different time periods are: 26.27% (1yr) and 15.0% (since launch). Whereas, Category returns for the same time duration are: 39.64% (1yr), 18.71% (3yr) and 17.7% (5yr).
3. Fund Size: The Axis Nifty 50 Index Fund - Regular Plan currently holds Assets under Management worth of Rs 449.68 crore as on May 31, 2024.
4. Expense ratio: The expense ratio of the fund is 0.42% for Regular plan as on Jul 01, 2024.
5. Exit Load: The given fund doesn't attract any Exit Load.
6. Minimum Investment: Minimum investment required is Rs 100 and minimum additional investment is Rs 100. Minimum SIP investment is Rs 100.
Axis Nifty 50 Index Fund Regular-IDCW Returns
Trailing Returns
Rolling Returns
Discrete Period
SIP Returns
1M 3M 6M 1Y 3Y 5Y Annualized Returns 7.58 8.38 12.53 26.27 - - Category Avg 8.09 10.69 18.95 39.64 18.71 17.70 Rank within Category 122 117 122 121 - - No. of funds within Category 163 162 156 150 108 91 - Loading...
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Return Comparison
- This Fund
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Axis Nifty 50 Index Fund Regular-IDCW Fund Details
Investment Objective - The scheme seeks to provide returns before expenses that closely corresponds to the total returns of the NIFTY 50 subject to tracking errors.
Fund House | Axis Mutual Fund |
Launch Date | Dec 03, 2021 |
Benchmark | NIFTY 50 Total Return Index |
Return Since Launch | 15.0% |
Riskometer | Very High |
Type | Open-ended |
Risk Grade | - |
Return Grade | - |
Axis Nifty 50 Index Fund Regular-IDCW Investment Details
Minimum Investment (Rs.) | 100.00 |
Minimum Additional Investment (Rs.) | 100.00 |
Minimum SIP Investment (Rs.) | 100.00 |
Minimum Withdrawal (Rs.) | - |
Exit Load | 0% |
Portfolio Allocation
Asset Allocation
Asset Allocation History
Sector Allocation
Market Cap Allocation
Concentration & Valuation Analysis
MAY 2024 | APR 2024 | MAR 2024 | FEB 2024 | JAN 2024 | DEC 2023 | |
---|---|---|---|---|---|---|
Number of Holdings | 50 | 50 | 50 | 50 | 50 | 50 |
Top 5 Company Holdings | 38.5% | 38.75% | 38.77% | 39.31% | 39.79% | 40.14% |
Top 10 Company Holdings | 56.08% | 56.4% | 55.67% | 56.32% | 56.99% | 57.33% |
Company with Highest Exposure | HDFC Bank (11.54%) | HDFC Bank (11.43%) | HDFC Bank (10.99%) | HDFC Bank (10.93%) | HDFC Bank (11.54%) | HDFC Bank (13.48%) |
Number of Sectors | 13 | 13 | 13 | 14 | 14 | 14 |
Top 3 Sector Holdings | 59.13% | 59.86% | 59.46% | 60.32% | 60.24% | 60.44% |
Top 5 Sector Holdings | 75.11% | 75.62% | 75.03% | 75.77% | 75.67% | 76.0% |
Sector with Highest Exposure | Financial (32.72%) | Financial (32.88%) | Financial (31.86%) | Financial (31.01%) | Financial (31.61%) | Financial (33.73%) |
Top Stock Holdings
Sector Holdings in MF
Company Sector Assest(%) P/E EPS-TTM(₹) RETURN 1 YR(%) HDFC Bank Financial 11.54 19.57 84.20 -2.31 Reliance Industries Energy 9.69 30.88 102.90 18.45 ICICI Bank Financial 7.89 19.11 64.53 19.58 Infosys Technology 5.03 26.07 63.20 21.14 Larsen & Toubro Construction 4.35 38.18 95.00 49.49 ITC Consumer Staples 3.78 26.46 16.39 0.16 TCS Technology 3.72 31.62 126.88 21.33 Bharti Airtel Communication 3.58 115.79 12.35 71.00 Axis Bank Financial 3.31 15.06 85.49 21.75 State Bank of India Financial 3.19 11.25 76.40 43.42
Peer Comparison
Cumulative Returns
SIP returns
Discrete Returns
Quant Measures
Asset Allocation
Scheme Name NAV(Rs./Unit) Scheme Rating AUM(Rs. Cr) 1M 1Y 3Y 5Y Axis Nifty 50 Index Fund Regular-IDCW 14.36 Unrated 449.68 7.58 26.27 - - ICICI Prudential Bluechip Fund-IDCW 33.62 55,459.29 7.58 39.68 21.78 19.50 Quant Focused Fund-IDCW 67.57 1,003.94 3.44 47.29 22.06 22.89 JM Large Cap Fund-IDCW 31.61 191.85 9.52 46.76 22.31 19.45 Nippon India Large Cap Fund-IDCW 28.11 26,925.10 8.58 40.71 25.19 19.60
Risk Ratios
Ratios are calculated using the calendar month returns for the last 3 years
Risk Ratio data not available for this fund
Fund Manager
- H.D.Hitesh DasSince Apr 20247 schemes
- K.K.Karthik KumarSince Aug 20239 schemes
Mr. Das is a PGDM, M.Tech, B.Tech Prior to joining Axis Mutual Fund, he has worked with Barclays Securities India Pvt. Ltd., Credit Suisse Securities (India) Pvt. Ltd., Ebusinessware (India) Pvt. Ltd., Yes Bank.
Scheme Name Category Nav(Rs./Unit) Scheme Rating Asset(Rs. Cr) 1Y Axis Growth Opportunities Fund Regular-IDCW Large & MidCap 21.29 12,424.49 39.21 Axis Flexi Cap Fund Regular-IDCW Flexi Cap 17.93 12,011.72 33.84 Axis Equity Saver Fund Regular-IDCW Equity Savings 13.20 900.23 18.08 Axis Focused Fund Regular-IDCW Flexi Cap 20.61 13,341.11 23.37 Axis Nifty IT Index Fund Regular-IDCW Sectoral-Technology 12.71 Unrated 104.49 - Axis Multicap Fund Regular-IDCW Multi Cap 17.08 Unrated 5,473.59 54.57 Axis ESG Integration Strategy Fund Regular-IDCW Thematic-ESG 16.36 Unrated 1,338.05 30.92 Mr. Kumar has done M.B.A, C.F.A, (USA) & B.E (Mechanical) Prior to joining Axis Mutual Fund he has worked with SilverTree Hong Kong and Asiya Investment, Hong Kong
Scheme Name Category Nav(Rs./Unit) Scheme Rating Asset(Rs. Cr) 1Y Axis Nifty 100 Index Fund Regular-IDCW Large Cap 21.52 1,392.40 31.80 Axis Nifty Bank Index Fund Regular-IDCW Sectoral-Banking 10.74 Unrated 118.77 - Axis Nifty IT Index Fund Regular-IDCW Sectoral-Technology 12.71 Unrated 104.49 - Axis BSE Sensex Index Fund Regular-IDCW Large Cap 10.99 Unrated 45.53 - Axis Nifty Smallcap 50 Index Fund Regular-IDCW Small Cap 18.37 Unrated 310.57 71.68 Axis Nifty Midcap 50 Index Fund Regular-IDCW Mid Cap 19.17 Unrated 313.07 56.49 Axis Equity ETFs FoF Regular-IDCW Flexi Cap 16.03 Unrated 19.11 38.63 Axis Nifty Next 50 Index Fund Regular-IDCW Large Cap 17.71 Unrated 197.81 65.58 Axis Quant Fund Regular-IDCW Thematic 16.74 Unrated 1,044.96 34.78
More Axis Mutual Fund
Scheme Name | Rating | Asset Size(Cr) | 1M | 3M | 6M | 1Y | 3Y |
---|---|---|---|---|---|---|---|
Axis ELSS Tax Saver Fund-Growth | 34,025.16 | 2.46 | 5.55 | 11.86 | 33.02 | 8.90 | |
Axis Liquid Fund-Growth | 33,841.39 | 0.60 | 1.83 | 3.58 | 7.25 | 5.35 | |
Axis Liquid Fund Retail-Growth | 33,841.39 | 0.56 | 1.70 | 3.32 | 6.71 | 4.82 | |
Axis Bluechip Fund-Growth | 32,645.86 | 3.80 | 7.64 | 13.53 | 29.03 | 10.19 | |
Axis Midcap Fund-Growth | 25,264.05 | 1.91 | 6.69 | 10.57 | 36.83 | 16.88 | |
Axis Small Cap Fund Regular-Growth | 19,606.42 | -3.05 | 3.33 | 8.37 | 37.16 | 25.48 | |
Axis Banking & PSU Debt Fund -Growth | 13,930.05 | 0.69 | 2.01 | 3.34 | 7.35 | 5.09 | |
Axis Focused 25 Fund-Growth | 13,538.39 | 1.96 | 5.32 | 10.46 | 28.88 | 6.59 | |
Axis Flexi Cap Fund Regular - Growth | 11,490.97 | 2.10 | 5.44 | 10.72 | 29.88 | 10.85 | |
Axis Growth Opportunities Fund Regular - Growth | 11,310.89 | 2.38 | 8.93 | 14.26 | 43.20 | 18.25 |
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1. Axis Nifty 50 Index Fund - Regular Plan is Open-ended Large Cap Equity scheme which belongs to Axis Mutual Fund House.
2. The fund was launched on Dec 03, 2021.
Investment objective & Benchmark
1. The investment objective of the fund is that " The scheme seeks to provide returns before expenses that closely corresponds to the total returns of the NIFTY 50 subject to tracking errors. "
2. It is benchmarked against NIFTY 50 Total Return Index.
Asset Allocation & Portfolio Composition
1. The asset allocation of the fund comprises around 99.37% in equities, 0.5% in debts and 0.16% in cash & cash equivalents.
2. While the top 10 equity holdings constitute around 56.08% of the assets, the top 3 sectors constitute around 59.13% of the assets.
3. The fund largely follows a Growth oriented style of investing and invests across market capitalisations - around 0.0% in giant & large cap companies, 0.0% in mid cap and 0.0% in small cap companies.
Tax Implications on Axis Nifty 50 Index Fund Regular-IDCW
1. Gains are taxed at a rate of 15% (Short-term Capital Gain Tax - STCG) if units are redeemed within 1 year of investment.
2. For units redeemed after 1 year of investment, gains of upto Rs. 1 lakh accruing from those units in a financial year shall be exempted from tax.
3. Gains of more than Rs. 1 lakh will be taxed at a rate of 10% (Long-term Capital Gain Tax - LTCG).
4. For Dividend Distribution Tax, the dividend income from this fund will get added to the income of an investor and taxed according to his/her respective tax slabs.
5. Also, for dividend income in excess of Rs 5,000 in a financial year; the fund house shall deduct a TDS of 10% on such income.
FAQs about Axis Nifty 50 Index Fund Regular-IDCW
- Is it safe to invest in Axis Nifty 50 Index Fund - Regular Plan?As per SEBI’s latest guidelines to calculate risk grades, investment in the Axis Nifty 50 Index Fund - Regular Plan comes under Very High risk category.
- What is the category of Axis Nifty 50 Index Fund - Regular Plan?Axis Nifty 50 Index Fund - Regular Plan belongs to the Equity : Large Cap category of funds.
- How Long should I Invest in Axis Nifty 50 Index Fund - Regular Plan?The suggested investment horizon of investing into Axis Nifty 50 Index Fund - Regular Plan is >3 years. The suggested investment horizon is the minimum time required for holding investments in the fund to reduce its downside risk and ensure that the returns become more predictable.
- Who manages the Axis Nifty 50 Index Fund - Regular Plan?The Axis Nifty 50 Index Fund - Regular Plan is managed by Hitesh Das (Since Apr 05, 2024) and Karthik Kumar (Since Aug 03, 2023).
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