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Fund Overview

Fund Size

Fund Size

₹244 Cr

Expense Ratio

Expense Ratio

0.23%

ISIN

ISIN

INF846K019E7

Minimum SIP

Minimum SIP

₹100

Exit Load

Exit Load

No Charges

Inception Date

Inception Date

28 Jan 2022

About this fund

Axis Nifty Next 50 Index Fund Direct Growth is a Index Funds mutual fund schemes offered by Axis Mutual Fund. This fund has been in existence for 2 years, 5 months and 22 days, having been launched on 28-Jan-22.
As of 19-Jul-24, it has a Net Asset Value (NAV) of ₹17.46, Assets Under Management (AUM) of 244.31 Crores, and an expense ratio of 0.23%.
  • Axis Nifty Next 50 Index Fund Direct Growth has given a CAGR return of 25.29% since inception.
  • The fund's asset allocation comprises around 99.51% in equities, 0.00% in debts, and 0.49% in cash & cash equivalents.
  • You can start investing in Axis Nifty Next 50 Index Fund Direct Growth with a SIP of ₹100 or a Lumpsum investment of ₹100.

Performance against Category Average

In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.

1 Year

+60.62%

(Cat Avg.)

Since Inception

+25.29%

(Cat Avg.)

Portfolio Summaryas of 30th June 2024

Equity243.13 Cr99.51%
Others1.19 Cr0.49%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
Trent LtdEquity13.51 Cr5.53%
Bharat Electronics LtdEquity12.26 Cr5.02%
Hindustan Aeronautics Ltd Ordinary SharesEquity11.03 Cr4.51%
Tata Power Co LtdEquity8.35 Cr3.42%
Power Finance Corp LtdEquity7.88 Cr3.22%
InterGlobe Aviation LtdEquity7.85 Cr3.21%
Siemens LtdEquity7.67 Cr3.14%
REC LtdEquity7.27 Cr2.98%
Vedanta LtdEquity7.15 Cr2.93%
Indian Oil Corp LtdEquity6.81 Cr2.79%
Cholamandalam Investment and Finance Co LtdEquity6.69 Cr2.74%
GAIL (India) LtdEquity6.62 Cr2.71%
TVS Motor Co LtdEquity6.16 Cr2.52%
DLF LtdEquity5.94 Cr2.43%
Info Edge (India) LtdEquity5.9 Cr2.41%
Godrej Consumer Products LtdEquity5.83 Cr2.39%
Samvardhana Motherson International LtdEquity5.74 Cr2.35%
Bank of BarodaEquity5.58 Cr2.29%
Pidilite Industries LtdEquity5.38 Cr2.20%
Havells India LtdEquity5.11 Cr2.09%
ABB India LtdEquity5.03 Cr2.06%
ICICI Lombard General Insurance Co LtdEquity4.83 Cr1.98%
Zomato LtdEquity4.49 Cr1.84%
Canara BankEquity4.48 Cr1.83%
Ambuja Cements LtdEquity4.43 Cr1.81%
Jio Financial Services LtdEquity4.3 Cr1.76%
Jindal Steel & Power LtdEquity4.29 Cr1.75%
Colgate-Palmolive (India) LtdEquity4.23 Cr1.73%
Shree Cement LtdEquity4.15 Cr1.70%
United Spirits LtdEquity4.15 Cr1.70%
Punjab National BankEquity4.1 Cr1.68%
SRF LtdEquity3.95 Cr1.62%
Dabur India LtdEquity3.93 Cr1.61%
Marico LtdEquity3.56 Cr1.46%
Indian Railway Catering And Tourism Corp LtdEquity3.36 Cr1.37%
Bosch LtdEquity3.27 Cr1.34%
Zydus Lifesciences LtdEquity3.03 Cr1.24%
Torrent Pharmaceuticals LtdEquity2.85 Cr1.17%
Varun Beverages LtdEquity2.85 Cr1.17%
ICICI Prudential Life Insurance Company LimitedEquity2.64 Cr1.08%
Avenue Supermarts LtdEquity2.56 Cr1.05%
Adani Power LtdEquity2.42 Cr0.99%
SBI Cards and Payment Services Ltd Ordinary SharesEquity2.39 Cr0.98%
Adani Green Energy LtdEquity2.37 Cr0.97%
Clearing Corporation Of India LtdCash - Repurchase Agreement2.09 Cr0.86%
Berger Paints India LtdEquity1.58 Cr0.65%
Bajaj Holdings and Investment LtdEquity1.35 Cr0.55%
Indian Railway Finance Corp Ltd Ordinary SharesEquity1.16 Cr0.48%
Adani Energy Solutions LtdEquity1.09 Cr0.45%
Net Receivables / (Payables)Cash-0.91 Cr0.37%
Adani Total Gas LtdEquity0.89 Cr0.36%
Life Insurance Corporation of IndiaEquity0.68 Cr0.28%

Allocation By Market Cap (Equity)

Large Cap Stocks

89.06%

Mid Cap Stocks

10.45%

Small Cap Stocks

--

Other Allocation

Equity Sector

Debt & Others

SectorAmount sortHoldings sort
Financial Services53.35 Cr21.84%
Industrials52.31 Cr21.41%
Consumer Cyclical33.16 Cr13.57%
Basic Materials30.94 Cr12.66%
Consumer Defensive27.11 Cr11.10%
Utilities21.74 Cr8.90%
Energy6.81 Cr2.79%
Real Estate5.94 Cr2.43%
Communication Services5.9 Cr2.41%
Healthcare5.88 Cr2.41%

Risk & Performance Ratios

Standard Deviation

This fund

--

Cat. avg.

--

Lower the better

Sharpe Ratio

This fund

--

Cat. avg.

--

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

--

Higher the better

Fund Managers

Sachin Relekar

Sachin Relekar

Since April 2024

KK

Karthik Kumar

Since August 2023

Additional Scheme Detailsas of 30th June 2024

ISIN
INF846K019E7
Expense Ratio
0.23%
Exit Load
No Charges
Fund Size
₹244 Cr
Age
28 Jan 2022
Lumpsum Minimum
₹100
Fund Status
Open Ended Investment Company
Benchmark
Nifty Next 50 TR INR

Investment ObjectiveInvestment Objective

To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.

Tax Treatment

Withdrawal within 1 year

Flat 15% tax on realised gains (STCG - short term capital gains)

Withdrawal after 1 year

10% tax on realised gains above Rs. 1 lakh per financial year (LTCG - long term capital gains)

Note: Mutual funds are subject to capital gains taxation with surcharge and cess, based on prevailing income tax rules and investor income. Taxation applies to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.

Similar Index Funds Funds

Fund nameExpense RatioExit LoadFund size
1Y
ICICI Prudential Nifty Midcap 150 Index Fund Direct Growth

Very High Risk

0.3%0.0%₹494.41 Cr51.2%
ICICI Prudential Nifty Midcap 150 Index Fund Regular Growth

Very High Risk

0.9%0.0%₹494.41 Cr50.2%
ICICI Prudential Nifty 200 Momentum 30 Index Fund Regular Growth

Very High Risk

1.0%0.0%₹264.53 Cr59.4%
SBI Nifty Midcap 150 Index Fund Regular Growth

Very High Risk

1.0%0.0%₹517.61 Cr50.5%
DSP Nifty 50 Equal Weight Index Fund Regular Growth

Very High Risk

1.0%0.0%₹1558.99 Cr35.0%
SBI Nifty Smallcap 250 Index Fund Direct Growth

Very High Risk

0.4%0.0%₹876.68 Cr55.4%
SBI Nifty Midcap 150 Index Fund Direct Growth

Very High Risk

0.4%0.0%₹517.61 Cr51.4%
ICICI Prudential Nifty 200 Momentum 30 Index Fund Direct Growth

Very High Risk

0.4%0.0%₹264.53 Cr60.3%
DSP Nifty 50 Equal Weight Index Fund Direct Growth

Very High Risk

0.4%0.0%₹1558.99 Cr35.7%
SBI Nifty Smallcap 250 Index Fund Regular Growth

Very High Risk

1.0%0.0%₹876.68 Cr54.5%

About the AMC

Total AUM

₹2,86,505 Cr

Address

Axis House, 1st Floor, C-2, Wadia International Centre, Mumbai, 400 025

Other Funds by Axis Mutual Fund

Fund nameExpense RatioExit LoadFund size
1Y
Axis Fixed Term Plan Series 120 (91 Days) Direct Growth

Moderate Risk

-0.0%--
Axis US Treasury Dynamic Bond ETF Fund of Fund Direct Growth

Very High Risk

0.1%0.0%₹98.28 Cr-
Axis India Manufacturing Fund Direct Growth

Very High Risk

0.3%1.0%₹5909.15 Cr-
Axis Fixed Term Plan Series 118 100 Days Direct Growth

Moderate Risk

-0.0%--
Axis Fixed Term Plan Series 113 1228 Days Direct Growth

Low to Moderate Risk

-0.0%-7.1%
Axis Fixed Term Plan Series 110 1553 Days Direct Growth

Moderate Risk

-0.0%--
Axis Fixed Term Plan Series 105 1128 Days Direct Growth

Moderate Risk

-0.0%--
Axis Fixed Term Plan Series 112 1143 Days Direct Growth

Low to Moderate Risk

-0.0%-7.4%
Axis Nifty SDL September 2026 Debt Index Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹78.97 Cr7.5%
Axis Banking & PSU Debt Fund Direct Growth

Moderate Risk

0.3%0.0%₹13685.87 Cr7.0%
Axis Global Equity Alpha Fund of Fund Direct Growth

Very High Risk

0.8%1.0%₹895.88 Cr23.1%
Axis Nifty Smallcap 50 Index Fund Direct Growth

Very High Risk

0.3%0.0%₹357.40 Cr65.6%
Axis Flexi Cap Fund Direct Growth

Very High Risk

0.7%1.0%₹12721.36 Cr30.5%
Axis Money Market Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹10632.98 Cr7.7%
Axis Equity Hybrid Fund Direct Growth

Very High Risk

1.0%1.0%₹1643.44 Cr22.0%
Axis Special Situations Fund Direct Growth

Very High Risk

1.3%1.0%₹1270.83 Cr36.1%
Axis Corporate Debt Fund Direct Growth

Moderate Risk

0.3%0.0%₹5386.52 Cr7.7%
Axis ESG Equity Fund Direct Growth

Very High Risk

1.3%1.0%₹1390.64 Cr31.6%
Axis Arbitrage Fund Direct Growth

Low Risk

0.3%0.0%₹5237.74 Cr8.5%
Axis Greater China Equity Fund of Fund Direct Growth

Very High Risk

0.6%1.0%₹187.60 Cr-2.1%
Axis Value Fund Direct Growth

Very High Risk

1.0%1.0%₹619.87 Cr48.3%
Axis All Seasons Debt Fund of Funds Direct Growth

Moderately High risk

0.2%1.0%₹174.53 Cr8.0%
Axis Gilt Fund Direct Growth

Moderate Risk

0.4%0.0%₹405.73 Cr9.1%
Axis Bluechip Fund Direct Growth

Very High Risk

0.7%1.0%₹34520.15 Cr26.4%
Axis Dynamic Bond Fund Direct Growth

Moderate Risk

0.3%0.0%₹1668.03 Cr7.3%
Axis Gold Fund Direct Growth

High Risk

0.2%1.0%₹501.03 Cr22.6%
Axis Focused 25 Fund Direct Growth

Very High Risk

0.8%1.0%₹13880.51 Cr23.5%
Axis Regular Saver Fund Direct Growth

Very High Risk

0.8%1.0%₹333.92 Cr10.9%
Axis Strategic Bond Fund Direct Growth

Moderately High risk

0.4%1.0%₹1939.21 Cr8.2%
Axis Long Term Equity Fund Direct Growth

Very High Risk

0.8%0.0%₹37106.30 Cr28.3%
Axis Short Term Fund Direct Growth

Moderate Risk

0.3%0.0%₹7698.10 Cr7.6%
Axis Liquid Fund Direct Growth

Moderate Risk

0.2%0.0%₹23260.17 Cr7.4%
Axis Multi Asset Allocation Fund Direct Growth

Very High Risk

1.1%1.0%₹1245.86 Cr21.3%
Axis Midcap Fund Direct Growth

Very High Risk

0.5%1.0%₹30143.58 Cr43.6%
Axis Treasury Advantage Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹5175.78 Cr7.5%
Axis Equity Saver Fund Direct Growth

Moderately High risk

1.0%1.0%₹938.20 Cr18.4%
Axis Balanced Advantage Fund Direct Growth

Moderately High risk

0.9%1.0%₹2322.48 Cr27.3%
Axis Nifty Midcap 50 Index Fund Direct Growth

Low Risk

0.2%0.0%₹351.55 Cr48.9%
Axis Nifty IT Index Fund Direct Growth

Very High Risk

0.3%0.0%₹113.87 Cr29.5%
Axis CRISIL IBX 50:50 Gilt Plus SDL September 2027 Index Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹33.76 Cr7.4%
Axis Credit Risk Fund Direct Growth

Moderately High risk

0.8%1.0%₹448.17 Cr8.0%
Axis Ultra Short Term Fund Direct Growth

Moderate Risk

0.3%0.0%₹4596.18 Cr7.7%
Axis Multicap Fund Direct Growth

Very High Risk

0.6%1.0%₹5973.27 Cr48.3%
Axis CRISIL IBX 50:50 Gilt Plus SDL June 2028 Index Fund Direct Growth

Moderate Risk

0.2%0.0%₹69.66 Cr7.4%
Axis Nifty AAA Bond Plus SDL Apirl 2026 50:50 ETF Fund Of Funds Direct Growth

Low to Moderate Risk

0.1%0.0%₹292.46 Cr7.2%
Axis Silver Fund of Funds Direct Growth

Very High Risk

0.1%0.0%₹42.70 Cr17.7%
Axis Nifty Next 50 Index Fund Direct Growth

Very High Risk

0.2%0.0%₹244.31 Cr60.6%
Axis CRISIL IBX 70:30 CPSE Plus SDL April 2025 Index Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹569.71 Cr7.2%
Axis Long Duration Fund Direct Growth

Moderate Risk

0.3%0.0%₹304.68 Cr10.0%
Axis Nifty 50 Index Fund Direct Growth

Very High Risk

0.1%0.0%₹482.49 Cr24.8%

Risk Level

Your principal amount will be at Very High Risk

Very High Risk
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The NAV of Axis Nifty Next 50 Index Fund Direct Growth, as of 19-Jul-2024, is ₹17.46.
The fund's allocation of assets is distributed as 99.51% in equities, 0.00% in bonds, and 0.49% in cash and cash equivalents.
The fund managers responsible for Axis Nifty Next 50 Index Fund Direct Growth are:-
  1. Sachin Relekar
  2. Karthik Kumar