Equity
Direct
Index Funds
NAV as on 06-09-2024
₹ 11.2
1D
Inception Returns
12%
/yr
Axis BSE Sensex Index Fund Direct Growth is an equity fund. This fund was started on 27 February, 2024. The fund is managed by . The fund could potentially beat inflation in the long-run.
Axis BSE Sensex Index Fund Direct Growth has given a CAGR return of 11.97% since inception.
Axis BSE Sensex Index Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Tech, Energy, Consumer Defensive, Consumer Cyclical, Industrial, Basic Materials, Communication, Utilities, Health. Its top holdings are HDFC Bank Ltd, Reliance Industries Ltd, ICICI Bank Ltd, Infosys Ltd, ITC Ltd
As it is a index funds mutual fund the taxation is as follows:For short term (less than a year) capital gains will be taxed at 15%For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefitDividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.
To provide returns before expenses that corresponds to the total returns of the S & P BSE Sensex TRI subject to tracking errors.
Minimum investment for lump sum payment is INR 500.00 and for SIP is INR 100.00. Axis BSE Sensex Index Fund Direct Growth has no lock in period.
Expense ratio | 0.2% |
Benchmark | S&P BSE SENSEX TR INR |
AUM | ₹45 Cr |
Inception Date | 27 February, 2024 |
Min Lumpsum/SIP | ₹500/₹100 |
Exit Load | 0.2% |
Lock In | No Lock-in |
TurnOver | 3.82% |
STCG | Redeeming before 1 year, returns taxed at 20%. |
LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
Risk | Very High Risk |
as on (31-Jul-24)
Top 3 Sectors in July were Financial Services, Tech & Energy
Axis BSE Sensex Index Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 3.45% | 3.45% |
6 Month Returns | 10.4% | 10.4% |
1 Year Returns | 0% | 0% |
3 Years Returns | 0% | 0% |
5 Years Returns | 0% | 0% |
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Axis BSE Sensex Index Fund Direct Growth | - | - | - |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Axis BSE Sensex Index Fund Direct Growth | - | - | - |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Axis BSE Sensex Index Fund Direct Growth | - | - | - |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Axis BSE Sensex Index Fund Direct Growth | - | - | - |