Axis Nifty500 Value 50 Index Fund Direct Growth
Equity
Direct
Value
NAV as on 02-01-2025
₹ 9.6
▲0.2%
1D
Inception Returns
/yr
About Axis Nifty500 Value 50 Index Fund Direct Growth
Axis Nifty500 Value 50 Index Fund Direct Growth is an equity fund. This fund was started on 24 October, 2024. The fund is managed by . The fund could potentially beat inflation in the long-run.
Key Parameters
- Axis Nifty500 Value 50 Index Fund Direct Growth has ₹76 Cr worth of assets under management (AUM) as on Nov 2024 and is less than category average.
- The fund has an expense ratio 0.2.
Returns
Axis Nifty500 Value 50 Index Fund Direct Growth has given a CAGR return of -5.37% since inception.
Holdings
Axis Nifty500 Value 50 Index Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Basic Materials, Financial Services, Energy, Utilities, Industrial, Tech, Communication. Its top holdings are State Bank of India, Power Grid Corp Of India Ltd, Grasim Industries Ltd, Vedanta Ltd, Hindalco Industries Ltd
Taxation
As it is a value 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.
Investment objective of Axis Nifty500 Value 50 Index Fund Direct Growth
To provide returns before expenses that correspond to the Nifty500 Value 50 TRI subject to tracking error.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. Axis Nifty500 Value 50 Index Fund Direct Growth has no lock in period.
Historical NAV & Returns
Axis Nifty500 Value 50 Index Fund Direct Growth Overview
| Expense ratio | 0.19% |
Benchmark | S&P BSE 500 India TR INR |
| AUM | ₹76 Cr |
| Inception Date | 24 October, 2024 |
| 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 |
Trailing Returns
as on (02-Jan-25)
Fund Distribution
as on (30-Nov-24)
Top Growth Drivers | 1M Return |
|---|---|
 Manappuram Finance Ltd | 20.7% |
 Hindustan Petroleum Corporation Ltd | 7.3% |
 CESC Ltd | 4.8% |
Axis Nifty500 Value 50 Index Fund Direct Growth Highlights
Very High Risk
Fund Allocations
AUM size ₹76 Cr
Expense Ratio 0.19%
Frequently Asked Questions for Axis Nifty500 Value 50 Index Fund Direct Growth
Axis Nifty500 Value 50 Index Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -5.14% | -5.14% |
6 Month Returns | 0% | 0% |
1 Year Returns | 0% | 0% |
3 Years Returns | 0% | 0% |
5 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 Value 50 Index Fund Direct Growth | - | - | - |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Axis Nifty500 Value 50 Index Fund Direct Growth | - | - | - |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Axis Nifty500 Value 50 Index Fund Direct Growth | - | - | - |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Axis Nifty500 Value 50 Index Fund Direct Growth | - | - | - |