e.g. Tata motors, Reliance MF, 500570

Axis Nifty Next 50 Index Fund - IDCW-Reinvestment

Equity Others Very High

NAV on (No Data Available)

₹0.00

No Data Available

Fund Size

₹397.43 Crores

1Y Returns

No Data Available%

 

Earn 1% Higher Returns on Direct Funds

Invest  Top Funds
Disclaimer: Mutual Fund investments are subject to market risks. Read all scheme related documents carefully before investing.

 

Investment Objective

To provide returns before expenses that closely corresponds to the total returns of the NIFTY NEXT 50subject to tracking errors. However, there can be no assurance that the investment objective of the Scheme will be achieved.

AMC

Axis Asset Management Company Ltd.

Fund Details

Launch Date

January 7, 2022

Fund Manager

Mr. Nandik Mallik

Initial Price

10

AUM Fund

397.43 Cr

Min investment

Rs 100

Expense Ratio

1.01%

SIP Minimum Investment

Daily - Rs. 100/- and in multiples of Re 1/- thereafter. Minimum number of installments 6.Weekly - Rs. 100/- and in multiples of Re 1/- thereafter. Minimum number of installments 6.Monthly - Rs. 100/- and in multiples of Re 1/- thereafter. Minimum number of installments 6. Yearly - Rs. 12,000/- and in multiple of Re.1/- thereafter. Minimum number of installments 3.

Exit Load

Nil

Equity / Mid Cap funds 1Y 3Y Fund Size (Cr)
163.18% 0.00% ₹5197.1
162.63% 231.99% ₹14511.43
162.40% 230.95% ₹1631.16
162.25% 224.08% ₹2967.76
161.98% 231.03% ₹3319.12

Holdings

Canara Bank 1.95%
REC Limited 1.78%
DLF Limited 1.51%
Clearing Corporation of India Ltd 0.60%
Net Receivables / (Payables) -0.49%

Sector Allocation

Mining 5.20%
Auto 10.50%
Pharmaceuticals and health care 6.61%
Engineering 7.14%
Food Processing 2.99%
Power 4.23%
Service 2.91%
Retail 2.72%
Finance 12.20%
Petroleum 6.76%
Beverages - Non-Alcoholic 2.46%
Hospitality 2.35%
Auto Ancillaries 3.34%
Banks 7.20%
Electric Equipment 4.61%
Iron and Steel 1.93%
Chemicals 3.23%
Personal Care 1.85%
Information Technology 1.74%
Beverages - Alcoholic 1.68%
Miscellaneous 1.51%
Construction 2.40%
Cement 2.58%
Metals - Non Ferrous 1.01%
Shipping 0.73%
Address
One Lodha Place, 22 & 23 Floor, Senapati Bapat Marg, Lower Parel, Mumbai Maharashtra India 400013
Phone
+91 22 66496100
Fax
+91 22 43255199
Launch Date
January 7, 2022
Custodian
Deutsche Bank A. G.
Registrar & Transfer Agent
KFin Technologies Limited

Frequently Asked Questions

Q: What is the current NAV of Axis Nifty Next 50 Index Fund - IDCW-Reinvestment?

A: The latest NAV of Axis Nifty Next 50 Index Fund - IDCW-Reinvestment is ₹ .

Q: What type of mutual fund is Axis Nifty Next 50 Index Fund - IDCW-Reinvestment?

A: Axis Nifty Next 50 Index Fund - IDCW-Reinvestment is a 'Equity - Others' type mutual fund managed by 'Axis Asset Management Company Ltd.'.

Q: What is the expense ratio of Axis Nifty Next 50 Index Fund - IDCW-Reinvestment?

A: The expense ratio of Axis Nifty Next 50 Index Fund - IDCW-Reinvestment is 1.01%, which impacts overall returns.

Q: Who manages Axis Nifty Next 50 Index Fund - IDCW-Reinvestment?

A: Axis Nifty Next 50 Index Fund - IDCW-Reinvestment is managed by Mr. Nandik Mallik, who oversees investment strategy and portfolio decisions.

Q: Is Axis Nifty Next 50 Index Fund - IDCW-Reinvestment a good investment?

A: Axis Nifty Next 50 Index Fund - IDCW-Reinvestment may be suitable depending on your financial goals, risk appetite, and investment horizon. Always evaluate fund performance and consult a financial advisor.

Q: What is the exit load of Axis Nifty Next 50 Index Fund - IDCW-Reinvestment?

A: The exit load of Axis Nifty Next 50 Index Fund - IDCW-Reinvestment is Nil, applicable if redeemed within the specified period.

Q: How is Axis Nifty Next 50 Index Fund - IDCW-Reinvestment taxed?

A: Taxation depends on the fund type (equity/debt) and holding period as per Indian tax laws.

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