How to Invest in Axis Equity ETFs FoF Direct Growth?

You can easily invest in Axis Equity ETFs FoF Direct Growth in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps: Log on to your Groww account Search for Axis Equity ETFs FoF Direct Growth from the search box In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete Once you are done with that, you can start investing in Axis Equity ETFs FoF Direct Growth as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does Axis Equity ETFs FoF Direct Growth provide?

The Axis Equity ETFs FoF Direct Growth has been there from 24 Feb 2022 and the average annual returns provided by this fund is 12.78% since its inception.

How much expense ratio is charged by Axis Equity ETFs FoF Direct Growth?

The term Expense Ratio used for Axis Equity ETFs FoF Direct Growth or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund. The Expense Ratio of Axis Equity ETFs FoF Direct Growth is 0.11% as of 04 Dec 2023...

What is the AUM of Axis Equity ETFs FoF Direct Growth?

The AUM, short for Assets Under Management of Axis Equity ETFs FoF Direct Growth is ₹14.51Cr as of 04 Dec 2023.

How to Redeem Axis Equity ETFs FoF Direct Growth?

If you want to sell your Axis Equity ETFs FoF Direct Growth holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.

Can I invest in SIP and Lump Sum of Axis Equity ETFs FoF Direct Growth?

You can select either SIP or Lumpsum investment of Axis Equity ETFs FoF Direct Growth based on your investment objective and risk tolerance.

What is the NAV of Axis Equity ETFs FoF Direct Growth?

The NAV of Axis Equity ETFs FoF Direct Growth is ₹12.54 as of 01 Dec 2023.

What is the PE and PB ratio of Axis Equity ETFs FoF Direct Growth?

The PE ratio ratio of Axis Equity ETFs FoF Direct Growth is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

Axis Equity ETFs FoF Direct Growth - NAV, Mutual Fund Performance & Portfolio

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Axis Equity ETFs FoF Direct Growth
Other
FoF Overseas/Domestic
Very High Risk
1M
6M
1Y
All
 NAV: 01 Dec 2023₹12.54
Min. SIP amount₹1,000
RatingNA
Fund size₹14.51Cr
Return calculator
Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of ₹0
Would have become ₹ (%)
Understand termsAnnualised returnsAverage of the yearly returns of a mutual fund over a given period.
Absolute returnsThe total return of a mutual fund over a given period.
Returns and rankingsCategory: Other FoF Overseas/Domestic
Absolute returns
3M6M1YAll
Fund returns3.4%12.3%11.9%22.0%
Category averageNANA16.1%NA
Rank with in category426358NA
Understand terms
Holdings (7)NameSectorInstrumentAssets
Axis NIFTY Bank ETF - Growth
NAMutual Fund20.3%
SBI Nifty Next 50 ETF-IDCW
NAMutual Fund19.6%
Nippon India ETF Nifty Midcap 150 - Growth
NAMutual Fund16.3%
Axis NIFTY India Consumption ETF - Growth
NAMutual Fund15.5%
Axis Nifty 50 ETF - Growth
NAMutual Fund11.9%
Axis NIFTY IT ETF - Growth
NAMutual Fund8.7%
Axis NIFTY Healthcare ETF - Growth
NAMutual Fund4.1%
DisclaimerThis content is derived from publicly available information, internal sources, and other third-party sources believed to be reliable. We, at Nextbillion Technology Pvt. Ltd. (Groww), do not guarantee the accuracy of such information, or assure its completeness, or warrant that such information will not be changed.
All comparisons are done with the category average metrics for this category.
Pros and cons
Category: Other FoF Overseas/Domestic
Pros
Cons
Lower expense ratio: 0.11%
1Y annualised returns lower than category average by 3.31%
Understand termsExpense ratioA fee payable to a mutual fund house for managing your mutual fund investments. It is the total percentage of a company’s fund assets used for administrative, management, advertising, and other expenses.
TaxA percentage of your capital gains payable to the government upon exiting your mutual fund investments. Taxation is categorized as long-term capital gains (LTCG) and short-term capital gains (STCG) depending on your holding period and the type of fund.
Exit loadA fee payable to a mutual fund house for exiting a fund (fully or partially) before the completion of a specified period from the date of investment.
Stamp dutyA form of tax payable for the purchase or sale of an asset or security. 
Past expense ratio & exit load
Expense ratio
Exit load
23 Nov 2023 - Present
0.11%
22 Nov 2023 - 23 Nov 2023
0.11%
21 Nov 2023 - 22 Nov 2023
0.11%
20 Nov 2023 - 21 Nov 2023
0.11%
19 Nov 2023 - 20 Nov 2023
0.11%
18 Nov 2023 - 19 Nov 2023
0.11%
17 Nov 2023 - 18 Nov 2023
0.11%
16 Nov 2023 - 17 Nov 2023
0.11%
15 Nov 2023 - 16 Nov 2023
0.11%
14 Nov 2023 - 15 Nov 2023
0.11%
13 Nov 2023 - 14 Nov 2023
0.11%
12 Nov 2023 - 13 Nov 2023
0.11%
11 Nov 2023 - 12 Nov 2023
0.11%
10 Nov 2023 - 11 Nov 2023
0.11%
09 Nov 2023 - 10 Nov 2023
0.11%
08 Nov 2023 - 09 Nov 2023
0.11%
07 Nov 2023 - 08 Nov 2023
0.11%
06 Nov 2023 - 07 Nov 2023
0.11%
05 Nov 2023 - 06 Nov 2023
0.11%
04 Nov 2023 - 05 Nov 2023
0.11%
03 Nov 2023 - 04 Nov 2023
0.11%
02 Nov 2023 - 03 Nov 2023
0.11%
01 Nov 2023 - 02 Nov 2023
0.11%
31 Oct 2023 - 01 Nov 2023
0.11%
30 Oct 2023 - 31 Oct 2023
0.11%
29 Oct 2023 - 30 Oct 2023
0.11%
28 Oct 2023 - 29 Oct 2023
0.11%
27 Oct 2023 - 28 Oct 2023
0.11%
26 Oct 2023 - 27 Oct 2023
0.11%
25 Oct 2023 - 26 Oct 2023
0.11%
24 Oct 2023 - 25 Oct 2023
0.11%
23 Oct 2023 - 24 Oct 2023
0.11%
22 Oct 2023 - 23 Oct 2023
0.11%
21 Oct 2023 - 22 Oct 2023
0.11%
20 Oct 2023 - 21 Oct 2023
0.11%
19 Oct 2023 - 20 Oct 2023
0.11%
18 Oct 2023 - 19 Oct 2023
0.11%
17 Oct 2023 - 18 Oct 2023
0.11%
16 Oct 2023 - 17 Oct 2023
0.11%
15 Oct 2023 - 16 Oct 2023
0.11%
14 Oct 2023 - 15 Oct 2023
0.11%
13 Oct 2023 - 14 Oct 2023
0.11%
12 Oct 2023 - 13 Oct 2023
0.11%
11 Oct 2023 - 12 Oct 2023
0.11%
10 Oct 2023 - 11 Oct 2023
0.11%
09 Oct 2023 - 10 Oct 2023
0.11%
08 Oct 2023 - 09 Oct 2023
0.11%
07 Oct 2023 - 08 Oct 2023
0.11%
06 Oct 2023 - 07 Oct 2023
0.11%
05 Oct 2023 - 06 Oct 2023
0.11%
04 Oct 2023 - 05 Oct 2023
0.11%
03 Oct 2023 - 04 Oct 2023
0.11%
02 Oct 2023 - 03 Oct 2023
0.11%
01 Oct 2023 - 02 Oct 2023
0.11%
30 Sep 2023 - 01 Oct 2023
0.11%
29 Sep 2023 - 30 Sep 2023
0.11%
28 Sep 2023 - 29 Sep 2023
0.11%
27 Sep 2023 - 28 Sep 2023
0.11%
26 Sep 2023 - 27 Sep 2023
0.11%
25 Sep 2023 - 26 Sep 2023
0.11%
24 Sep 2023 - 25 Sep 2023
0.11%
23 Sep 2023 - 24 Sep 2023
0.11%
22 Sep 2023 - 23 Sep 2023
0.11%
21 Sep 2023 - 22 Sep 2023
0.11%
20 Sep 2023 - 21 Sep 2023
0.11%
19 Sep 2023 - 20 Sep 2023
0.11%
18 Sep 2023 - 19 Sep 2023
0.11%
17 Sep 2023 - 18 Sep 2023
0.11%
16 Sep 2023 - 17 Sep 2023
0.11%
15 Sep 2023 - 16 Sep 2023
0.11%
14 Sep 2023 - 15 Sep 2023
0.11%
13 Sep 2023 - 14 Sep 2023
0.11%
12 Sep 2023 - 13 Sep 2023
0.11%
11 Sep 2023 - 12 Sep 2023
0.11%
10 Sep 2023 - 11 Sep 2023
0.11%
09 Sep 2023 - 10 Sep 2023
0.11%
08 Sep 2023 - 09 Sep 2023
0.11%
07 Sep 2023 - 08 Sep 2023
0.11%
06 Sep 2023 - 07 Sep 2023
0.11%
05 Sep 2023 - 06 Sep 2023
0.11%
04 Sep 2023 - 05 Sep 2023
0.11%
03 Sep 2023 - 04 Sep 2023
0.11%
02 Sep 2023 - 03 Sep 2023
0.11%
01 Sep 2023 - 02 Sep 2023
0.11%
31 Aug 2023 - 01 Sep 2023
0.11%
31 Jul 2023 - 31 Aug 2023
0.11%
30 Jun 2023 - 31 Jul 2023
0.11%
31 May 2023 - 30 Jun 2023
0.11%
30 Apr 2023 - 31 May 2023
0.11%
31 Mar 2023 - 30 Apr 2023
0.11%
28 Feb 2023 - 31 Mar 2023
0.11%
31 Jan 2023 - 28 Feb 2023
0.11%
31 Dec 2022 - 31 Jan 2023
0.11%
30 Nov 2022 - 31 Dec 2022
0.11%
30 Nov 2022 - 30 Nov 2022
0.11%
31 Oct 2022 - 30 Nov 2022
0.11%
31 Oct 2022 - 31 Oct 2022
0.11%
31 Oct 2022 - 31 Oct 2022
0.11%
30 Sep 2022 - 31 Oct 2022
0.11%
30 Sep 2022 - 30 Sep 2022
0.11%
30 Sep 2022 - 30 Sep 2022
0.11%
31 Aug 2022 - 30 Sep 2022
0.11%
31 Aug 2022 - 31 Aug 2022
0.11%
31 Jul 2022 - 31 Aug 2022
0.11%
31 Jul 2022 - 31 Jul 2022
0.11%
30 Jun 2022 - 31 Jul 2022
0.11%
30 Jun 2022 - 30 Jun 2022
0.11%
31 May 2022 - 30 Jun 2022
0.11%
31 May 2022 - 31 May 2022
0.11%
30 Apr 2022 - 31 May 2022
0.09%
30 Apr 2022 - 30 Apr 2022
0.09%
31 Mar 2022 - 30 Apr 2022
0.09%
31 Mar 2022 - 31 Mar 2022
0.09%
28 Feb 2022 - 31 Mar 2022
0.09%
28 Feb 2022 - 28 Feb 2022
0.09%
Expense ratio, exit load and taxExpense ratio: 0.11%Inclusive of GST
Exit loadExit load of 1% if redeemed within 15 days.
Stamp duty0.005% (from July 1st, 2020)
Tax implicationReturns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year. 
Understand terms
Check past data
Minimum investment amountsMin. for 1st investment₹5,000
Min. for 2nd investment onwards₹1,000
Min. for SIP₹1,000
Fund managementShreyash Devalkar
Feb 2022 - Present
View details
Education
Mr. Devalkar is a B.Tech from UDCT Mumbai and PGDM (Management) from JBIMS Mumbai University
Experience
Prior to joining Axis Mutual Fund he has worked with BNP Paribas Mutual Fund as a Fund Manager, IDFC Capital, JP Morgan Services India and Calyon Bank.
Also manages these schemes
Axis Bluechip Fund Direct Plan Growth
Axis Focused 25 Direct Plan Growth
Axis Long Term Equity Direct Plan Growth
Axis Midcap Direct Plan Growth
Axis Small Cap Fund Direct Growth
Axis Equity Advantage Fund Series 1 Direct Growth
Axis Flexi Cap Fund Direct Growth
Axis Growth Opportunities Fund Direct Growth
Axis ESG Equity Fund Direct Growth
Axis Nifty 50 Index Fund Direct Growth
Axis Multicap Fund Direct Growth
Axis Nifty Next 50 Index Fund Direct Growth
Axis Equity ETFs FoF Direct Growth
Axis Nifty Smallcap 50 Index Fund Direct Growth
Axis Nifty Midcap 50 Index Fund Direct Growth
Karthik Kumar
Aug 2023 - Present
View details
Education
Mr. Kumar has done M.B.A, C.F.A, (USA) & B.E (Mechanical)
Experience
Prior to joining Axis Mutual Fund he has worked with SilverTree Hong Kong and Asiya Investment, Hong Kong
Also manages these schemes
Axis Arbitrage Fund Direct Growth
Axis Nifty 100 Index Fund Direct Growth
Axis Quant Fund Direct Growth
Axis Nifty 50 Index Fund Direct Growth
Axis Nifty Next 50 Index Fund Direct Growth
Axis Equity ETFs FoF Direct Growth
Axis Nifty Smallcap 50 Index Fund Direct Growth
Axis Nifty Midcap 50 Index Fund Direct Growth
Fund house & investment objective
Axis Mutual Fund
Rank (total assets)#7 in India
Total AUM₹2,53,477.47Cr
Date of Incorporation04 Sep 2009
 Axis Equity ETFs FoF Direct Growth is a Other Mutual Fund Scheme launched by Axis Mutual Fund. This scheme was made available to investors on 04 Sep 2009. Shreyash Devalkar is the Current Fund Manager of Axis Equity ETFs FoF Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹2,53,477 Cr and the Latest NAV as of 01 Dec 2023 is ₹12.54.
The Axis Equity ETFs FoF Direct Growth is rated Very High risk. Minimum SIP Investment is set to ₹1,000. Minimum Lumpsum Investment is ₹5,000. Exit load of 1% if redeemed within 15 days.
;
Investment ObjectiveThe scheme seeks to provide long-term capital appreciation from a portfolio investing predominantly in units of domestic equity ETFs. There is no assurance that the investment objective of the Scheme will be realized.
;
Fund benchmarkNIFTY 500 Total Return Index
Scheme Information Document(SID)
Fund house contact details
Address
"Axis House" - 1st Floor,C-2 - Wadia International Centre,Pandurang Budhkar Marg , Worli, Mumbai 400025
Phone
022-24255161
Launch Date
04 Sep 2009
E-mail
NA
Website
www.axismf.com
Axis Mutual Fund
Asset Management Company
Custodian
Deutsche Bank
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
Email
[email protected]
Website
www.karvymfs.com
Compare funds
Axis Equity ETFs FoF Direct Growth
VS
Add mutual fund to compare

	3M	6M	1Y	All
Fund returns	3.4%	12.3%	11.9%	22.0%
Category average	NA	NA	16.1%	NA
Rank with in category	42	63	58	NA

Name	Sector	Instrument	Assets
Axis NIFTY Bank ETF - Growth	NA	Mutual Fund	20.3%
SBI Nifty Next 50 ETF-IDCW	NA	Mutual Fund	19.6%
Nippon India ETF Nifty Midcap 150 - Growth	NA	Mutual Fund	16.3%
Axis NIFTY India Consumption ETF - Growth	NA	Mutual Fund	15.5%
Axis Nifty 50 ETF - Growth	NA	Mutual Fund	11.9%
Axis NIFTY IT ETF - Growth	NA	Mutual Fund	8.7%
Axis NIFTY Healthcare ETF - Growth	NA	Mutual Fund	4.1%

Rank (total assets)	#7 in India
Total AUM	₹2,53,477.47Cr

Date of Incorporation	04 Sep 2009

Fund benchmark	NIFTY 500 Total Return Index

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Bengaluru – 560103
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Min. for 1st investment	₹5,000
Min. for 2nd investment onwards	₹1,000

Rating	NA
Fund size	₹14.51Cr

Axis Equity ETFs FoF Direct Growth

Return calculator

Understand terms

Annualised returns

Absolute returns

Returns and rankings

Holdings (7)

Disclaimer

Pros and cons

Pros

Cons

Understand terms

Expense ratio

Tax

Exit load

Stamp duty

Past expense ratio & exit load

Expense ratio, exit load and tax

Expense ratio: 0.11%

Exit load

Stamp duty

Tax implication

Minimum investment amounts

Fund management

Shreyash DevalkarFeb 2022 - PresentView details

Karthik KumarAug 2023 - PresentView details

Fund house & investment objective

Fund house contact details

Compare funds

Shreyash Devalkar
Feb 2022 - Present
View details

Karthik Kumar
Aug 2023 - Present
View details