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AXIS Nifty Next 50 Index Fund - Direct (G)

Index Fund
  • NAV

    16.30(-0.80%)
  • Fund Size (CR)

    ₹303.16
  • Expense Ratio

    0.25
  • Scheme Type

    Passive Fund
  • Value Research

  • Min. investment

    ₹100
  • Minimum Additional Investment

    ₹100
  • Minimum SIP Investment

    ₹100
  • Minimum Withdrawal

    ₹0
  • Exit Load Nil

    0%
  • Return Since Launch

    18.36%
  • 3M
  • 6M
  • 1Y
  • 3Y
  • All
Absolute Return: -10.80%
Annualized Return: 0% Absolute Return: Total return generated by your investment irrespective of the time frame.

Annualised return: Return generated by your investment every year.
Created with Highcharts 11.4.8NAVNAV Date: 8 October 2024 to 8 January 202514-10-202421-10-202428-10-202404-11-202411-11-202418-11-202425-11-202402-12-202409-12-202416-12-202423-12-202430-12-202406-01-202505101520

Basic Details

Scheme Manager

Karthik Kumar

Bench Mark

Nifty Next 50 TRI

Type

OPEN

Lumpsum Returns

Period Invested For₹10,000 Invested onLatest ValueAbsolute ReturnsAnnualised ReturnsCategory AvgRank within Category
1 Week 31 December 20249845.52-1.54%--0.09%945/998
1 Month6 December 20249177.09-8.23%--2.47%904/968
3 Month7 October 20249203.15-7.97%--1.30%783/868
6 Month5 July 20249147.91-8.52%-0.43%722/796
1 Year5 January 202412355.0223.55%23.55%13.05%60/690
3 Year--0%-12.82%-/-
5 Year--0%-16.22%-/-
Since Inception28 January 202216430.2064.30%18.36%10.61%186/998

Note: Lumpsum Returns since Inception Date.

SIP Returns

Period Invested For₹10,000 Invested onInvestmentsLatest ValueAbsolute ReturnsAnnualised Returns
1 Year1 February 20241,20,000117767.58-1.86% -1.86%
3 Year2 February 20223,60,000497705.1538.25% 11.40%
5 Year-----
10 Year-----

Note: SIP Returns since Inception Date.

Tax Treatment

If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh. Any cess/surcharge is not included.If sold before 1 year from purchase date, short term capital gain tax will be applicable. Current tax rate is 15%. Any cess/surcharge is not included in the 15%.

Mutual Funds Calculator

  • Investment type
  • Scheme based
  • SIP
  • Lumpsum

Monthly Investment (₹)

Expected Returns Rate (%)

Time Period (in Years)

  • Invested Amount

    ₹25,000

  • Estimated Returns

    ₹19,059

76%

Returns

Future value of your investment

₹44,059

Risk Ratios

5.27%

Standard Deviation

0.99%

Beta

0.88%

Sharpe Ratio

0.13%

Treynor's Ratio

-0.31%

Jension's Alpha

Asset Allocation

Created with Highcharts 11.4.8Percentage (%)EquityDebtCash & Others-20020406080100120

Sector Allocation

Created with Highcharts 11.4.8FinanceElectrical EquipmentsElectrical Equi…Pharmaceuticals & BiotechPharmaceutic…PowerBanksRetailingAuto ComponentsAuto Compon…Aerospace & DefenseAerospace & D…Personal ProductsPersonal Prod…InsuranceDiversified MetalsDiversified Me…Transport ServicesTransport Serv…Cement & Cement ProductsCement & Ce…RealtyBeveragesGasAutomobilesPetroleum ProductsPetroleum Pro…IT-SoftwareChemicals & PetrochemicalChemicals & P…Consumer DurablesConsumer Dur…Ferrous MetalsLeisure ServicesLeisure Servic…DebtCash & Others

Top 10 stock holding in portfolio

Stock Invested in% of Total HoldingsQuantityValue (Cr)Asset TypeSegment
Hind.Aeronautics4.49%3043813.63EquityAerospace & Defence
Divi's Lab.4.14%2032512.55EquityPharmaceuticals
Vedanta4.06%27166312.32EquityMining & Mineral products
Interglobe Aviat4.00%2768212.12EquityAir Transport Service
Power Fin.Corpn.3.80%23286111.53EquityFinance
Tata Power Co.3.70%27071011.21EquityPower Generation & Distribution
Siemens3.53%1413710.69EquityCapital Goods - Electrical Equipment
REC Ltd3.51%19993610.65EquityFinance
Info Edg.(India)3.40%1249510.31EquityE-Commerce/App based Aggregator
TVS Motor Co.3.02%376359.16EquityAutomobile

Peer Comparison

Scheme NameValue ResearchAsset Size (Cr)1M3M6M1Y3Y
AXIS Nifty Next 50 Index Fund - Direct (G)
303.16-8.23%-7.97%-8.52%23.55%-
ICICI Pru NASDAQ 100 Index Fund - Direct (IDCW)
1730.041.33%10.26%8.99%36.83%16.51%
ICICI Pru NASDAQ 100 Index Fund - Direct (G)
1730.041.33%10.26%8.99%36.82%16.52%
ICICI Pru Nifty Pharma Index Fund-Dir (G)
81.273.48%0.92%13.60%33.58%-
ICICI Pru Nifty Pharma Index Fund-Dir (IDCW)
81.273.48%0.92%13.60%33.58%-
Motilal Oswal S&P 500 Index Fund - Direct (G)
3781.04-0.67%6.01%10.15%31.26%14.07%

News

  • Axis Mutual Fund announces change in scheme name

    Axis Mutual Fund has announced change in scheme name under the following scheme, With effect from 14 February 2025

    Change in the name of the Scheme:

    Existing Scheme name Revised Name
    Axis All Seasons Debt Fund of Funds Axis Income Advantage Fund of Funds

    Powered by Capital Market - Live News

  • Axis MF announces change in Fund Manager of the following schemes

    Axis Mutual Fund has announced change in Fund Managers of the following schemes with effect from: 16 December 2024

    Change in Fund Managers of the Schemes:

    Scheme Name Existing Fund Manager(s) Proposed Fund Manager(s)
    Axis Focused Fund Mr. Sachin Relekar
    Mr. Hitesh Das
    Ms. Krishnaa N (For Foreign Securities)
    Mr. Sachin Relekar
    Ms. Krishnaa N (For Foreign Securities)
    Axis Flexi Cap Fund Mr. Sachin Relekar
    Mr. Hitesh Das
    Ms. Krishnaa N (For Foreign Securities)
    Mr. Sachin Relekar
    Ms. Krishnaa N (For Foreign Securities)
    Axis Multicap Fund Mr. Nitin Arora
    Mr. Shreyash Devalkar
    Mr. Hitesh Das
    Mr. Sachin Jain
    Mr. Nitin Arora
    Mr. Shreyash Devalkar
    Mr. Hitesh Das
    Axis Arbitrage Fund Mr. Karthik Kumar
    Mr. Devang Shah
    Mr. Sachin Jain
    Mr. Ashish Naik
    Mr. Karthik Kumar
    Mr. Devang Shah
    Mr. Sachin Jain
    Axis Balanced Advantage Fund Mr. Jayesh Sundar
    Mr. Ashish Naik
    Mr. Devang Shah
    Mr. Hardik Shah
    Mr. Jayesh Sundar
    Mr. Devang Shah
    Mr. Hardik Shah
    Axis Aggressive Hybrid Fund Mr. Jayesh Sundar
    Mr. Ashish Naik
    Mr. Devang Shah
    Mr. Aditya Pagaria
    Mr. Jayesh Sundar
    Mr. Devang Shah
    Mr. Aditya Pagaria
    Ms. Krishnaa N (For Foreign Securities)
    Axis Multi Asset Allocation Fund Mr. Jayesh Sundar
    Mr. Ashish Naik
    Mr. Devang Shah
    Mr. Hardik Shah
    Mr. Aditya Pagaria
    Mr. Ashish Naik
    Mr. Devang Shah
    Mr. Hardik Shah
    Mr. Aditya Pagaria
    Ms. Krishnaa N (For Foreign Securities)
    Axis Innovation Fund Mr. Ashish Naik
    Mr. Mayank Hyanki
    Ms. Krishnaa N (For Foreign Securities)
    Mr. Ashish Naik
    Ms. Krishnaa N (For Foreign Securities)
    Axis ESG Integration Strategy Fund Mr. Shreyash Devalkar
    Mr. Vishal Agarwal
    Mr. Hitesh Das
    Ms. Krishnaa N (For Foreign Securities)
    Mr. Vishal Agarwal
    Mr. Hitesh Das
    Ms. Krishnaa N (For Foreign Securities)
    Axis Quant Fund Mr. Karthik Kumar
    Mr. Ashish Naik
    Ms. Krishnaa N (For Foreign Securities)
    Mr. Karthik Kumar
    Ms. Krishnaa N (For Foreign Securities)
    Axis Equity Savings Fund Mr. Mayank Hyanki
    Mr. Hitesh Das
    Mr. Devang Shah
    Mr. Hardik Shah
    Mr. Mayank Hyanki
    Mr. Devang Shah
    Mr. Hardik Shah
    Ms. Krishnaa N (For Foreign Securities)
    Axis NIFTY 100 Index Fund Mr. Ashish Naik
    Mr. Karthik Kumar
    Mr. Karthik Kumar
    Axis Children's Fund Mr. Jayesh Sundar
    Mr. Ashish Naik
    Mr. Devang Shah
    Mr. Hardik Shah
    Mr. Jayesh Sundar
    Mr. Devang Shah
    Mr. Hardik Shah
    Ms. Krishnaa N (For Foreign Securities)
    Axis Retirement Fund - Aggressive Plan ,
    and Dynamic Plan and Conservative Plan
    Mr. Jayesh Sundar
    Mr. Nitin Arora
    Mr. Devang Shah
    Mr. Hardik Shah
    Ms. Krishnaa N (For Foreign Securities)
    Mr. Jayesh Sundar
    Mr. Devang Shah
    Mr. Hardik Shah
    Ms. Krishnaa N (For Foreign Securities)
    Axis Conservative Hybrid Fund Mr. Devang Shah
    Mr. Sachin Jain
    Mr. Jayesh Sundar Mr. Ashish Naik Ms. Krishnaa N (For Foreign Securities)
    Mr. Devang Shah
    Mr. Sachin Jain
    Mr. Jayesh Sundar
    Ms. Krishnaa N (For Foreign Securities)
    Axis Value Fund Mr. Nitin Arora
    Mr. Sachin Relekar
    Ms. Krishnaa N (For Foreign Securities)
    Mr. Nitin Arora
    Ms. Krishnaa N (For Foreign Securities)
    Axis NIFTY 50 Index Fund Mr. Karthik Kumar
    Mr. Hitesh Das
    Mr. Karthik Kumar
    Axis NIFTY 50 ETF Mr. Ashish Naik
    Mr. Karthik Kumar
    Mr. Karthik Kumar
    Axis NIFTY Next 50 Index Fund Mr. Karthik Kumar
    Mr. Sachin Relekar
    Mr. Karthik Kumar
    Axis NIFTY Bank ETF Mr. Karthik Kumar
    Mr. Ashish Naik
    Mr. Karthik Kumar
    Axis Nifty Smallcap 50 Index Fund Mr. Karthik Kumar
    Mr. Mayank Hyanki
    Mr. Karthik Kumar
    Axis Nifty Midcap 50 Index Fund Mr. Karthik Kumar
    Mr. Mayank Hyanki
    Mr. Karthik Kumar
    Axis NIFTY IT ETF Mr. Karthik Kumar
    Mr. Hitesh Das
    Mr. Karthik Kumar
    Axis NIFTY Healthcare ETF Mr. Karthik Kumar
    Mr. Shreyash Devalkar
    Mr. Karthik Kumar
    Axis Equity ETFs FoF Mr. Karthik Kumar
    Mr. Shreyash Devalkar
    Mr. Karthik Kumar
    Axis NIFTY India Consumption ETF Mr. Ashish Naik
    Mr. Karthik Kumar
    Mr. Karthik Kumar
    Axis Business Cycles Fund Mr. Ashish Naik
    Mr. Mayank Hyanki
    Mr. Ashish Naik
    Axis BSE SENSEX ETF Mr. Karthik Kumar
    Mr. Ashish Naik
    Mr. Karthik Kumar
    Axis Nifty IT Index Fund Mr. Hitesh Das
    Mr. Karthik Kumar
    Mr. Karthik Kumar
    Axis BSE Sensex Index Fund Mr. Karthik Kumar
    Mr. Ashish Naik
    Mr. Karthik Kumar
    Axis Nifty Bank Index Fund Mr. Karthik Kumar
    Mr. Ashish Naik
    Mr. Karthik Kumar
    Axis Nifty 500 Index Fund Mr. Karthik Kumar
    Mr. Sachin Relekar
    Mr. Karthik Kumar
    Axis Nifty500 Value 50 Index Fund Mr. Karthik Kumar
    Mr. Hitesh Das
    Mr. Karthik Kumar

    Powered by Capital Market - Live News

  • Axis Mutual Fund announces change in scheme name

    Axis Mutual Fund has announced change in scheme name under the following scheme, With effect from 05 December 2024

    Change in the name of the Scheme:

    Existing Scheme name Revised Name
    Axis CRISIL-IBX AAA NBFC Index ' Jun 2027 Fund Axis CRISIL-IBX AAA Bond NBFC ' Jun 2027 Index Fund

    Powered by Capital Market - Live News

Fund House Details & Investment Objective

Date of Incorporation

7 January 2022

Total AUM (Cr)

₹303.16

AXIS Nifty Next 50 Index Fund - Direct (G) is an Index Fund-oriented fund from the renowned AMC, Axis Mutual Fund. Launched in 7 January 2022, this fund is managed by Karthik Kumar. With assets under management (AUM) worth ₹303.16 (Cr), as of 8 January 2025, AXIS Nifty Next 50 Index Fund - Direct (G) is categorized as a Index Fund within its segment. The fund has generated a return of 18.36% since its launch.
The current NAV of AXIS Nifty Next 50 Index Fund - Direct (G) is ₹16.3, as on 8 January 2025. The fund's benchmark index is Nifty Next 50 TRI. You can invest in AXIS Nifty Next 50 Index Fund - Direct (G) via both lumpsum and SIP modes. The minimum SIP amount in the fund is ₹100 while the minimum lumpsum investment is ₹100.

Being an open-ended fund, you can exit the fund anytime subject to applicable exit loads:
Nil The fund has generated undefined% and undefined% CAGR in the last 3 and 5 years respectively.

The fund aims to provide long-term capital appreciation and growth, by investing in a mix of financial instruments 99.56% in Equity, 0.46% in Debt and -0.05% in cash and cash equivalents.
The top 5 sectors the fund invests in are: 12.10% in Finance, 7.02% in Electrical Equipments, 6.92% in Pharmaceuticals & Biotech, 6.56% in Power, 6.19% in Banks

FAQs

How to Invest in AXIS Nifty Next 50 Index Fund - Direct (G) Direct Growth?

AXIS Nifty Next 50 Index Fund - Direct (G) is a popular fund in the Index Fund segment. The fund has generated a return of 18.36% since inception. Looking to invest in AXIS Nifty Next 50 Index Fund - Direct (G) How about earning 1% extra return? All this is possible with m.Stock! Investing in AXIS Nifty Next 50 Index Fund - Direct (G) is super easy and convenient with m.Stock. Here’s how you can begin:

  • Login to your m.Stock account. If you do not have an account, open m.Stock Demat account and enjoy 1% extra returns plus Zero Brokerage across products for life.
  • In the ‘Menu’ section, under ‘Products’, select ‘Mutual Funds’ .
  • In the search bar, enter the fund name, in this case, AXIS Nifty Next 50 Index Fund - Direct (G)
  • On the top right corner you’ll see two options – Lumpsum and SIP. You can choose either based on your risk appetite and available investible corpus.
  • If you choose to invest a Lumpsum: Enter amount, select payment mode (UPI or Netbanking), and click on ‘invest a lumpsum’. Make the payment and your lumpsum investment is complete.
  • If you choose the SIP route, then enter SIP amount, SIP date, and set up ‘Autopay’ facility.

So, why wait? Invest in AXIS Nifty Next 50 Index Fund - Direct (G) today and reap the benefits of this Index Fund fund!

How much returns has AXIS Nifty Next 50 Index Fund - Direct (G) Direct Growth generated?

In the short term, i.e., 1 year, AXIS Nifty Next 50 Index Fund - Direct (G) has generated annualised return of 23.55%. In the long-term, the fund has generated undefined% and - in 3 and 5 years respectively. Since its inception, the fund has generated 18.36% returns.

What is the expense ratio of AXIS Nifty Next 50 Index Fund - Direct (G) Direct Growth?

The expense ratio of AXIS Nifty Next 50 Index Fund - Direct (G) Direct Growth is 0.25%. Expense ratio is the fees payable by investors of the scheme towards management, research and overall upkeep of the fund. The higher the expense ratio, the lower is the in-hand return for the investor. Expense ratio for direct plans is lower than regular plans, making them ideal for investors.

What is the AUM of AXIS Nifty Next 50 Index Fund - Direct (G) Fund Direct Growth?

The Assets Under Management (AUM) of AXIS Nifty Next 50 Index Fund - Direct (G) is ₹303.16 (Cr) as of 2025-01-08 AUM shows the fund’s popularity and is often indicative of fund strength.

How to redeem or withdraw money from AXIS Nifty Next 50 Index Fund - Direct (G) Direct Growth?

Redeeming or selling units of AXIS Nifty Next 50 Index Fund - Direct (G) is relatively simple. But before you redeem, ensure that the fund has completed the minimum lock-in period else you will be charged an exit load.


To redeem from AXIS Nifty Next 50 Index Fund - Direct (G):
  • Login to your m.Stock account
  • In portfolio, your mutual fund investments will be visible under ‘MF’
  • Select the fund you wish to redeem from (in this case AXIS Nifty Next 50 Index Fund - Direct (G)).
  • Click on ‘Redeem’ button
  • You have 2 options – redeem by units and redeem by value (you can only redeem free units)
  • Select units to be redeemed and click on submit.
  • Redemption value will be credited to your account in 2-3 working days (as per timelines set by SEBI).