Axis Nifty500 Momentum 50 Index Fund Direct Growth
NAV as on 15-04-2025
₹ 9.8
▲3.3%
1D
Inception Returns
/yr
Historical NAV & Returns
About Axis Nifty500 Momentum 50 Index Fund Direct Growth
Axis Nifty500 Momentum 50 Index Fund Direct Growth is an equity fund. This fund was started on 13 February, 2025. The fund is managed by Sachin Relekar. The fund could potentially beat inflation in the long-run.
Key Parameters
- Axis Nifty500 Momentum 50 Index Fund Direct Growth has ₹53 Cr worth of assets under management (AUM) as on Mar 2025 and is less than category average.
- The fund has an expense ratio 0.2.
Returns
Axis Nifty500 Momentum 50 Index Fund Direct Growth has given a CAGR return of -1.99% since inception.
Holdings
Axis Nifty500 Momentum 50 Index Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Consumer Cyclical, Tech, Health, Financial Services, Industrial, Basic Materials, Consumer Defensive, Communication, Energy, Real Estate. Its top holdings are Divi's Laboratories Ltd, Mahindra & Mahindra Ltd, Indian Hotels Co Ltd, Persistent Systems Ltd, Tech Mahindra 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 benefitDividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.
Investment objective of Axis Nifty500 Momentum 50 Index Fund Direct Growth
To provide returns before expenses that correspond to the Nifty500 Momentum 50 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 Nifty500 Momentum 50 Index Fund Direct Growth has no lock in period.
Axis Nifty500 Momentum 50 Index Fund Direct Growth Overview
| Expense ratio | 0.16% |
Benchmark | Nifty 500 Momentum 50 TR INR |
| AUM | ₹53 Cr |
| Inception Date | 13 February, 2025 |
| Min Lumpsum/SIP | ₹100/₹100 |
Exit Load | 0.2% |
| Lock In | No Lock-in |
TurnOver | 0% |
| 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 |
Fund Distribution
as on (31-Mar-25)
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Divi's Laboratories Ltd | 5.76% | 10.5% | |
 Mahindra & Mahindra Ltd | 5.26% | 10.5% | |
 Indian Hotels Co Ltd | 5.14% | 10.4% | |
 Persistent Systems Ltd | 5.06% | 10.5% | |
 Tech Mahindra Ltd | 4.9% | 10.6% |
Funds | 1Y Returns | 3Y Returns | 5Y Returns | Since Inception |
|---|---|---|---|---|
Axis Nifty500 Momentum 50 Index Fund Direct Growth | - | - | - | -1.99% |
 Motilal Oswal Nifty Bank Index Fund Direct Growth | 10.33% | 12.5% | 22.53% | 12.43% |
 UTI Nifty 50 Index Fund-Growth Option- Direct | 5.78% | 11.16% | 22.29% | 12.71% |
 SBI Nifty Index Fund Direct Growth | 5.75% | 11.14% | 22.23% | 12.43% |
Top Growth Drivers | 1M Return |
|---|---|
 BSE Ltd | 42.5% |
 Indian Hotels Co Ltd | 4.7% |
Axis Nifty500 Momentum 50 Index Fund Direct Growth Highlights
Very High Risk
Fund Allocations
AUM size ₹53 Cr
Expense Ratio 0.16%
More funds from Axis
3Y CAGR
▲ 20.42
3Y CAGR
▲ 20.33
3Y CAGR
▲ 19.85
5Y CAGR
▲ 32.22
3Y CAGR
▲ 16.32
Frequently Asked Questions for Axis Nifty500 Momentum 50 Index Fund Direct Growth
Axis Nifty500 Momentum 50 Index Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 6.31% | 6.31% |
6 Month Returns | 0% | 0% |
1 Year Returns | 0% | 0% |
3 Years Returns | 0% | 0% |
- 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.
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Axis Nifty500 Momentum 50 Index Fund Direct Growth | - | - | - |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Axis Nifty500 Momentum 50 Index Fund Direct Growth | - | - | - |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Axis Nifty500 Momentum 50 Index Fund Direct Growth | - | - | - |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Axis Nifty500 Momentum 50 Index Fund Direct Growth | - | - | - |