Axis Nifty 500 Index Fund Direct Growth

Axis Nifty 500 Index Fund Direct Growth

Equity

Direct

Index Funds

NAV as on 05-03-2025

₹ 8.8

▲0.1%

1D

Inception Returns

-13.5%

/yr

About Axis Nifty 500 Index Fund Direct Growth

Axis Nifty 500 Index Fund Direct Growth is an equity fund. This fund was started on 12 July, 2024. The fund is managed by . The fund could potentially beat inflation in the long-run.

Key Parameters

  1. Axis Nifty 500 Index Fund Direct Growth has ₹216 Cr worth of assets under management (AUM) as on Jan 2025 and is less than category average.
  2. The fund has an expense ratio 0.1.

Returns

Axis Nifty 500 Index Fund Direct Growth has given a CAGR return of -13.49% since inception.

Holdings

Axis Nifty 500 Index Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Tech, Industrial, Consumer Cyclical, Basic Materials, Energy, Consumer Defensive, Health, Utilities, Communication, Real Estate. Its top holdings are HDFC Bank Ltd, ICICI Bank Ltd, Reliance Industries Ltd, Infosys Ltd, Bharti Airtel Ltd

Taxation

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 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Dividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.

Investment objective of Axis Nifty 500 Index Fund Direct Growth

To provide returns before expenses that closely correspond to the total returns of the Nifty 500 TRI, subject to tracking errors. There is no assurance that the investment objective of the Scheme will be achieved.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. Axis Nifty 500 Index Fund Direct Growth has no lock in period.

Historical NAV & Returns

Absolute
▲
▼

zero opening, trading, fund transfer fee
3157 people have invested ₹ 52.6L in Axis Nifty 500 Index Fund Direct Growth in the last three months

Axis Nifty 500 Index Fund Direct Growth Overview

Expense ratio0.1%
Benchmark
IISL Nifty 500 TR INR
AUM₹216 Cr
Inception Date12 July, 2024
Min Lumpsum/SIP₹100/₹100
Exit Load
0.2%
Lock InNo Lock-in
TurnOver
0%
STCGSelling mutual fund before 1 year, returns taxed at 20%.
LTCGAfter 1 year, 12.5% tax on returns over ₹1.25 lakh/year.
Risk
Risk meter
pointer
Very High Risk

Fund Distribution

as on (31-Jan-25)

  • Equity 99.9%

  • Debt & Cash 0.1%

Large cap
71%
Mid cap
18.8%
Small cap
10%
Sector Allocation

Jan'25

Dec'24

Nov'24

Financial Services
29%
Tech
11.3%
Industrial
11.1%
Consumer Cyclical
10.8%
Basic Materials
8.1%
Energy
7.4%
Consumer Defensive
7.3%
Health
6.3%
Utilities
3.8%
Communication
3.7%
Real Estate
1.3%
All changes are between Nov'24 and Jan'25
Dec'24
Nov'24
Fund Returns
-1.38%
0.01%
Nifty 500
-2.60%
-0.71%
Parameters
Jan'25
Dec'24
Nov'24
AUM
₹ 221.3 Cr
₹ 227.7 Cr
₹ 227.7 Cr
  • AUM of the fund stands at 221.3 Cr as of Jan'25
  • AUM decreased by 6.4 Cr between Jan'25 and Dec'24
Top Stocks bought last month
Reliance Industries Ltd's allocation increased from 4.48% to 4.84%
Reliance Industries Ltd's allocation increased from 4.48% to 4.84%
Bajaj Finance Ltd's allocation increased from 1.03% to 1.24%
Bajaj Finance Ltd's allocation increased from 1.03% to 1.24%
Bharti Airtel Ltd's allocation increased from 2.31% to 2.46%
Bharti Airtel Ltd's allocation increased from 2.31% to 2.46%
Top Stocks sold last month
HDFC Bank Ltd's allocation decreased from 7.31 % to 7.28 %
HDFC Bank Ltd's allocation decreased from 7.31 % to 7.28 %
ITC Ltd's allocation decreased from 2.44 % to 2.34 %
ITC Ltd's allocation decreased from 2.44 % to 2.34 %
Axis Bank Ltd's allocation decreased from 1.65 % to 1.58 %
Axis Bank Ltd's allocation decreased from 1.65 % to 1.58 %
Mid Cap allocation has gone down from 19.2% to 18.8%
Mid Cap allocation has gone down from 19.2% to 18.8%
Large Cap allocation has gone up from 70.2% to 71%
Large Cap allocation has gone up from 70.2% to 71%
Small Cap allocation has gone down from 10.4% to 10%
Small Cap allocation has gone down from 10.4% to 10%
Cash allocation has gone up from 0.1% to 0.1%
Cash allocation has gone up from 0.1% to 0.1%

Top 3 Sectors in January were Financial Services, Tech & Industrial

Jan'25
Financial Services
29%
Tech
11%
Industrial
11%
Dec'24
Financial Services
29%
Tech
11%
Industrial
11%

  • Equity

Holdings
Weight%
1M Change
HDFC Bank Ltd
HDFC Bank Ltd
7.28%
1.4%
ICICI Bank Ltd
ICICI Bank Ltd
4.98%
1.4%
Reliance Industries Ltd
Reliance Industries Ltd
4.84%
1.3%
Infosys Ltd
Infosys Ltd
3.81%
1.4%
Bharti Airtel Ltd
Bharti Airtel Ltd
2.46%
1.3%
See all

  • Returns %

  • Fund Ratios

  • Overview

Funds
1Y Returns
3Y Returns
5Y Returns
Since Inception
Axis Nifty 500 Index Fund Direct Growth
Axis Nifty 500 Index Fund Direct Growth
-
-
-
-13.49%
Edelweiss MSCI India Domestic & World Healthcare 45 Index Fund Direct Growth
Edelweiss MSCI India Domestic & World Healthcare 45 Index Fund Direct Growth
10.19%
17%
-
15.87%
Taurus Nifty 50 Index Fund-Direct Plan-Growth Option
Taurus Nifty 50 Index Fund-Direct Plan-Growth Option
-1.25%
11.13%
15.3%
12.06%
Motilal Oswal Nifty Midcap 150 Index Fund Direct Growth
Motilal Oswal Nifty Midcap 150 Index Fund Direct Growth
-1.36%
20.31%
24.05%
23.66%
See all

  • Gainers

  • Losers

Top Growth Drivers
1M Return
Shriram Finance Ltd
Shriram Finance Ltd
7.7%
Bajaj Finance Ltd
Bajaj Finance Ltd
1.8%
Fund
Jan'25
Dec'24
Nov'24
No of Holdings
502
501
501
Top 5 Company Concentration
23.4%
22.8%
22.7%
Company having highest exposure
HDFC Bank Ltd (7.3%)
HDFC Bank Ltd (7.3%)
HDFC Bank Ltd (7.1%)
No of Sectors
11
11
11
Top 5 Sectors Concentration
70.3%
70.4%
70.3%
Sector having highest exposure
Financial Services (29%)
Financial Services (28.7%)
Financial Services (28.8%)
Loading...
We are taking more time than usual
Fund House
Axis Asset Management Company Limited
Total Schemes
73
See all Axis schemes
Total AUM
₹3.33L Cr
as on 31-Jan-2025
Address
Axis Asset Management Company Ltd.,Axis House, 1st Floor, C-2, Wadia International Centre,,Pandurang Budhkar Marg, Worli,
Phone
+912243255161
Website
customerservice@axismf.com

Axis Nifty 500 Index Fund Direct Growth Highlights

Risk meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
Fund Allocations

Fund Allocations

This fund has an allocation of 99.9% in Equity, 0% in Debt and 0.1% in Cash related instruments
AUM size ₹216 Cr

AUM size ₹216 Cr

This fund has AUM of ₹216 Cr which is less than its category average of ₹ 775 Cr
Expense Ratio 0.1%

Expense Ratio 0.1%

This fund has an expense ratio of 0.1% which is less than its category average expense ratio of 0.54%

Frequently Asked Questions for Axis Nifty 500 Index Fund Direct Growth

The current NAV of Axis Nifty 500 Index Fund Direct Growth is ₹8.8 as on 05-Mar-2025.
Existing (Absolute + CAGR) as on 05-Mar-2025.
Axis Nifty 500 Index Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
-8.21%
-8.21%
6 Month Returns
-15.9%
-15.9%
1 Year Returns
0%
0%
3 Years Returns
0%
0%
5 Years Returns
0%
0%
With INDmoney, the process of investing is very simple and involves zero commission.
  • Click Buy on the fund name.
  • Input the amount you are looking to invest.
  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.
0.1% as on February 2025
₹216 Cr as on February 2025
HDFC Bank Ltd(7.28%), ICICI Bank Ltd(4.98%), Reliance Industries Ltd(4.84%), Infosys Ltd(3.81%), Bharti Airtel Ltd(2.46%) as on February 2025
Financial Services(29%), Tech(11.31%), Industrial(11.11%) as on February 2025
The alpha ratio for the Axis Nifty 500 Index Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
Axis Nifty 500 Index Fund Direct Growth
-
-
-
As on February 2025
The alpha for Axis Nifty 500 Index Fund Direct Growth is calculated against IISL Nifty 500 TR INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the Axis Nifty 500 Index Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
Axis Nifty 500 Index Fund Direct Growth
-
-
-
As on February 2025
The Beta for Axis Nifty 500 Index Fund Direct Growth is calculated with IISL Nifty 500 TR INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the Axis Nifty 500 Index Fund Direct Growth for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
Axis Nifty 500 Index Fund Direct Growth
-
-
-
As on February 2025
The sharpe ratio for Axis Nifty 500 Index Fund Direct Growth is calculated with IISL Nifty 500 TR INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the Axis Nifty 500 Index Fund Direct Growth for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
Axis Nifty 500 Index Fund Direct Growth
-
-
-
As on February 2025
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
The Exit load of Axis Nifty 500 Index Fund Direct Growth is 0.25%