Axis Nifty Next 50 Index Fund Direct Growth

Other
Index
Very High Risk
1M
6M
1Y
All
NAV: 01 Dec 2023₹11.88
Min. SIP amount₹100
RatingNA
Fund size₹89.65Cr

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
Absolute returns
3M6M1YAll
Fund returns4.8%14.0%9.4%14.3%
Category averageNANA12.4%NA
Rank with in category153149NA
Understand terms

Holdings (50)

NameSectorInstrumentAssets
FinancialEquity3.9%
Capital GoodsEquity3.6%
ServicesEquity3.6%
FinancialEquity3.4%
Consumer StaplesEquity2.8%
ChemicalsEquity2.8%
AutomobileEquity2.8%
FinancialEquity2.8%
InsuranceEquity2.6%
ConstructionEquity2.6%
See All

Pros and cons

Category: Other Index

Pros

Cons

Exit load is zero
1Y annualised returns lower than category average by 1.6%
Lower expense ratio: 0.23%

Expense ratio, exit load and tax

Expense ratio: 0.23%

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

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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