Axis Nifty 100 Index Fund Direct Growth+0.97%

4
0.00%
1 Year Return
Equity
Large Cap
4.0star
6M
All

Fund Details

Axis Nifty 100 Index Fund Direct Growth

RiskModerately High
Min SIP Amount₹500
Expense Ratio0.15%
NAV9.35 (09 Jul 2020)
Fund Started17 Oct 2019
Fund Size318 Cr

Comparison

Data not available
Pros
1. Risk-adjusted returns are higher compared to the category
2. Lower expense ratio - 0.15%
Cons
1. Age is less than 5 years

Top Holdings

NameSectorInstrument% Assets
Reliance Industries Ltd.EnergyEquity10.1%
HDFC Bank Ltd.FinancialEquity8.7%
Housing Development Finance Corpn. Ltd.FinancialEquity6.0%
Infosys Ltd.TechnologyEquity5.3%
ICICI Bank Ltd.FinancialEquity4.5%
Tata Consultancy Services Ltd.TechnologyEquity4.4%
ITC Ltd.FMCGEquity3.6%
Kotak Mahindra Bank Ltd.FinancialEquity3.4%
Hindustan Unilever Ltd.FMCGEquity3.1%
Bharti Airtel Ltd.CommunicationEquity2.6%
See All

Axis Nifty 100 Index Fund Direct Growth Details

Axis Nifty 100 Index Fund Direct Growth is a Equity Mutual Fund Scheme launched by Axis Mutual Fund. This scheme was made available to investors on 17 Oct 2019. Ashish Naik is the Current Fund Manager of Axis Nifty 100 Index Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹318 Cr and the Latest NAV as of 09 Jul 2020 is ₹9.35.

The Axis Nifty 100 Index Fund Direct Growth is rated Moderately High risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 500. Exit load of 1%, if redeemed within 7 days.

Investment Objective

The scheme seeks to provide returns before expenses that closely corresponds to the total returns of the NIFTY 100 subject to tracking errors.

Tax Implications

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.

Scheme Information Document(SID)

₹500
Min for First Investment
₹500
Min for Second Investment
Exit load of 1%, if redeemed within 7 days.
Exit Load

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About Axis Mutual Fund

Address
Axis House, 1st Floor, C-2, Wadia International Centre, Pandurang Budhkar Marg, Worli, Mumbai 400025
Phone
022-43255161
Launch Date
04 Sep 2009
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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