How to Invest in Axis Nifty 100 Index Fund Direct Growth?

You can easily invest in Axis Nifty 100 Index Fund 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 Nifty 100 Index Fund 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 Nifty 100 Index Fund Direct Growth as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does Axis Nifty 100 Index Fund Direct Growth provide?

The Axis Nifty 100 Index Fund Direct Growth has been there from 18 Oct 2019 and the average annual returns provided by this fund is -2.45% since its inception.

How much expense ratio is charged by Axis Nifty 100 Index Fund Direct Growth?

The term Expense Ratio used for Axis Nifty 100 Index Fund 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 Nifty 100 Index Fund Direct Growth is 0.15% as of 26 Mar 2023...

What is the AUM of Axis Nifty 100 Index Fund Direct Growth?

The AUM, short for Assets Under Management of Axis Nifty 100 Index Fund Direct Growth is ₹953.38Cr as of 26 Mar 2023.

How to Redeem Axis Nifty 100 Index Fund Direct Growth?

If you want to sell your Axis Nifty 100 Index Fund 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 Nifty 100 Index Fund Direct Growth?

You can select either SIP or Lumpsum investment of Axis Nifty 100 Index Fund Direct Growth based on your investment objective and risk tolerance.

What is the NAV of Axis Nifty 100 Index Fund Direct Growth?

The NAV of Axis Nifty 100 Index Fund Direct Growth is ₹14.64 as of 24 Mar 2023.

What is the PE and PB ratio of Axis Nifty 100 Index Fund Direct Growth?

The PE ratio ratio of Axis Nifty 100 Index Fund 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 Nifty 100 Index Fund Direct Growth - NAV, Mutual Fund Performance & Portfolio

Axis Nifty 100 Index Fund Direct Growth
Other
Index
Moderately High Risk
29.12%
3Y annualised
-0.74% 1D
1M
6M
1Y
3Y
All
 NAV: 24 Mar 2023₹14.64
Min. SIP amount₹100
Rating3
Fund size₹953.38Cr
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 Index
Annualised returns
Absolute returns
6M1Y3YAll
Fund returnsNA-2.5%29.1%11.7%
Category averageNA-1.9%28.9%NA
Rank with in categoryNA6036NA
Understand terms
Holdings (98)NameSectorInstrumentAssets
Reliance Industries Ltd.EnergyEquity9.1%
HDFC Bank Ltd.FinancialEquity8.0%
ICICI Bank Ltd.FinancialEquity6.8%
Infosys Ltd.TechnologyEquity6.2%
Housing Development Finance Corporation Ltd.FinancialEquity5.4%
Tata Consultancy Services Ltd.TechnologyEquity3.9%
ITC Ltd.Consumer StaplesEquity3.8%
Larsen & Toubro Ltd.ConstructionEquity2.9%
Kotak Mahindra Bank Ltd.FinancialEquity2.9%
Axis Bank Ltd.FinancialEquity2.6%
See All
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 Index
Pros
Cons
Exit load is zero
1Y annualised returns lower than category average by 0.57%
Lower expense ratio: 0.15%
Lower alpha: -0.62
The fund has generated returns lower than benchmark - NIFTY 100 Total Return Index - in the last 3Y 
3Y annualised returns higher than category average by 0.27%
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
28 Feb 2023 - Present
0.15%
31 Jan 2023 - 28 Feb 2023
0.15%
31 Dec 2022 - 31 Jan 2023
0.15%
30 Nov 2022 - 31 Dec 2022
0.15%
30 Nov 2022 - 30 Nov 2022
0.15%
31 Oct 2022 - 30 Nov 2022
0.15%
31 Oct 2022 - 31 Oct 2022
0.15%
31 Oct 2022 - 31 Oct 2022
0.15%
30 Sep 2022 - 31 Oct 2022
0.15%
30 Sep 2022 - 30 Sep 2022
0.15%
30 Sep 2022 - 30 Sep 2022
0.15%
31 Aug 2022 - 30 Sep 2022
0.15%
31 Aug 2022 - 31 Aug 2022
0.15%
31 Jul 2022 - 31 Aug 2022
0.15%
31 Jul 2022 - 31 Jul 2022
0.15%
30 Jun 2022 - 31 Jul 2022
0.15%
30 Jun 2022 - 30 Jun 2022
0.15%
31 May 2022 - 30 Jun 2022
0.15%
31 May 2022 - 31 May 2022
0.15%
30 Apr 2022 - 31 May 2022
0.15%
30 Apr 2022 - 30 Apr 2022
0.15%
31 Mar 2022 - 30 Apr 2022
0.15%
31 Mar 2022 - 31 Mar 2022
0.15%
28 Feb 2022 - 31 Mar 2022
0.15%
28 Feb 2022 - 28 Feb 2022
0.15%
31 Jan 2022 - 28 Feb 2022
0.15%
31 Dec 2021 - 31 Jan 2022
0.15%
30 Nov 2021 - 31 Dec 2021
0.15%
31 Oct 2021 - 30 Nov 2021
0.15%
30 Sep 2021 - 31 Oct 2021
0.15%
31 Aug 2021 - 30 Sep 2021
0.15%
31 Jul 2021 - 31 Aug 2021
0.15%
30 Jun 2021 - 31 Jul 2021
0.15%
31 May 2021 - 30 Jun 2021
0.15%
30 Apr 2021 - 31 May 2021
0.15%
31 Mar 2021 - 30 Apr 2021
0.15%
28 Feb 2021 - 31 Mar 2021
0.15%
31 Jan 2021 - 28 Feb 2021
0.15%
31 Dec 2020 - 31 Jan 2021
0.15%
30 Nov 2020 - 31 Dec 2020
0.15%
31 Oct 2020 - 30 Nov 2020
0.15%
30 Sep 2020 - 31 Oct 2020
0.15%
31 Aug 2020 - 30 Sep 2020
0.15%
31 Jul 2020 - 31 Aug 2020
0.15%
30 Jun 2020 - 31 Jul 2020
0.15%
31 May 2020 - 30 Jun 2020
0.15%
30 Apr 2020 - 31 May 2020
0.16%
31 Mar 2020 - 30 Apr 2020
0.16%
29 Feb 2020 - 31 Mar 2020
0.16%
31 Jan 2020 - 29 Feb 2020
0.16%
Expense ratio, exit load and taxExpense ratio: 0.15%Inclusive of GST
Exit loadNil
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₹500
Min. for 2nd investment onwards₹500
Min. for SIP₹100
Fund managementAshish Naik
Sep 2019 - Present
View details
Education
Mr. Naik is a B.E from Mumbai University and MBA from XLRI, Jamshedpur.
Experience
Prior to joining Axis Mutual Fund he was associated with organizations such as Goldman Sachs and has over 7 years of experience as an Equity Analyst.
Also manages these schemes
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Axis Nifty 100 Index Fund Direct Growth
Axis Nifty 100 Index Fund Regular IDCW
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Fund house & investment objective
Axis Mutual Fund
Rank (total assets)#7 in India
Total AUM₹2,61,160.43Cr
Date of Incorporation04 Sep 2009
 Axis Nifty 100 Index Fund Direct Growth is a Other Mutual Fund Scheme launched by Axis Mutual Fund. This scheme was made available to investors on 04 Sep 2009. 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 ₹2,61,160 Cr and the Latest NAV as of 24 Mar 2023 is ₹14.64.
The Axis Nifty 100 Index Fund Direct Growth is rated Moderately High risk. Minimum SIP Investment is set to ₹100. Minimum Lumpsum Investment is ₹500.
;
Investment ObjectiveThe scheme seeks to provide returns before expenses that closely corresponds to the total returns of the NIFTY 100 subject to tracking errors.
;
Fund benchmarkNIFTY 100 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
[email protected] / [email protected]
Website
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,
Email
[email protected]
Website
www.karvymfs.com
Compare funds
Axis Nifty 100 Index Fund Direct Growth
VS
Add mutual fund to compare

	6M	1Y	3Y	All
Fund returns	NA	-2.5%	29.1%	11.7%
Category average	NA	-1.9%	28.9%	NA
Rank with in category	NA	60	36	NA

Name	Sector	Instrument	Assets
Reliance Industries Ltd.	Energy	Equity	9.1%
HDFC Bank Ltd.	Financial	Equity	8.0%
ICICI Bank Ltd.	Financial	Equity	6.8%
Infosys Ltd.	Technology	Equity	6.2%
Housing Development Finance Corporation Ltd.	Financial	Equity	5.4%
Tata Consultancy Services Ltd.	Technology	Equity	3.9%
ITC Ltd.	Consumer Staples	Equity	3.8%
Larsen & Toubro Ltd.	Construction	Equity	2.9%
Kotak Mahindra Bank Ltd.	Financial	Equity	2.9%
Axis Bank Ltd.	Financial	Equity	2.6%

Rank (total assets)	#7 in India
Total AUM	₹2,61,160.43Cr

Date of Incorporation	04 Sep 2009

Fund benchmark	NIFTY 100 Total Return Index

Vaishnavi Tech Park, 3rd Floor
Sarjapur Main Road, Bellandur
Bengaluru – 560103
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Min. for 1st investment	₹500
Min. for 2nd investment onwards	₹500

Rating	3
Fund size	₹953.38Cr

Axis Nifty 100 Index Fund Direct Growth

Return calculator

Understand terms

Annualised returns

Absolute returns

Returns and rankings

Holdings (98)

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: 0.15%

Exit load

Stamp duty

Tax implication

Minimum investment amounts

Fund management

Ashish NaikSep 2019 - PresentView details

Fund house & investment objective

Fund house contact details

Compare funds

Ashish Naik
Sep 2019 - Present
View details