Equity
Direct
Index Funds
NAV as on 24-12-2024
₹ 21.68
▲0.6%
1D
Inception Returns
16.1%
/yr
Axis Nifty 100 Index Fund Direct Growth is an equity fund. This fund was started on 18 October, 2019. The fund is managed by . The fund could potentially beat inflation in the long-run.
Axis Nifty 100 Index Fund Direct Growth has given a CAGR return of 16.12% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 15.19%, 13.29% and 15.71% respectively.
Axis Nifty 100 Index Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Tech, Consumer Cyclical, Energy, Consumer Defensive, Industrial, Basic Materials, Utilities, Health, Communication, Real Estate. Its top holdings are HDFC Bank Ltd, ICICI Bank Ltd, Reliance Industries 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 closely corresponds to the total returns of the NIFTY 100 subject to tracking errors. However, there can be no assurance that the investment objective of the Scheme will be achieved.
Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. Axis Nifty 100 Index Fund Direct Growth has no lock in period.
Expense ratio | 0.21% |
Benchmark | IISL Nifty 100 TR INR |
AUM | ₹1710 Cr |
Inception Date | 18 October, 2019 |
Min Lumpsum/SIP | ₹100/₹100 |
Exit Load | 0% |
Lock In | No Lock-in |
TurnOver | 21.96% |
STCG | Selling mutual fund 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 (30-Nov-24)
Top 3 Sectors in November were Financial Services, Consumer Cyclical & Tech
Axis Nifty 100 Index Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -0.25% | -0.25% |
6 Month Returns | 0.48% | 0.48% |
1 Year Returns | 15.19% | 15.19% |
3 Years Returns | 45.41% | 13.29% |
5 Years Returns | 107.46% | 15.71% |
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Axis Nifty 100 Index Fund Direct Growth | -0.32 | -0.23 | -0.15 |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Axis Nifty 100 Index Fund Direct Growth | 1 | 1 | 0.98 |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Axis Nifty 100 Index Fund Direct Growth | 1.28 | 0.62 | 0.64 |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Axis Nifty 100 Index Fund Direct Growth | 12.85 | 13.16 | 18.4 |