Axis Nifty 100 Index Fund Direct Growth

Other
Index
Moderately High Risk
16.39%
3Y annualised
+0.68% 1D
1M
6M
1Y
3Y
All
NAV: 01 Dec 2023₹17.82
Min. SIP amount₹100
Rating2
Fund size₹971.98Cr

Return calculator

Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of 0
Would have become (%)

Returns and rankings

Category: Other Index
Annualised returns
Absolute returns
6M1Y3YAll
Fund returnsNA8.1%16.4%15.0%
Category averageNA12.4%17.2%NA
Rank with in categoryNA8148NA
Understand terms

Holdings (100)

NameSectorInstrumentAssets
FinancialEquity11.1%
EnergyEquity7.8%
FinancialEquity6.4%
TechnologyEquity4.9%
Consumer StaplesEquity3.8%
ConstructionEquity3.5%
TechnologyEquity3.5%
FinancialEquity2.7%
FinancialEquity2.6%
CommunicationEquity2.3%
See All

Pros and cons

Category: Other Index

Pros

Cons

Exit load is zero
Consistently lower annualised returns than category average for the past 1Y and 3Y
Lower expense ratio: 0.21%
Lower alpha: -1.59 The fund has generated returns lower than benchmark - NIFTY 100 Total Return Index - in the last 3Y
Low rating: 2

Expense ratio, exit load and tax

Expense ratio: 0.21%

Inclusive of GST

Exit load

Nil

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns 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 amounts

Min. for 1st investment₹100
Min. for 2nd investment onwards₹100
Min. for SIP₹100

Fund management

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

Fund house & investment objective

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
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,

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