|Min SIP Amount||₹500|
|NAV||₹12.50 (13 Apr 2021)|
|Fund Started||17 Oct 2019|
|Fund Size||₹399 Cr|
|Reliance Industries Ltd.||Energy||Equity||9.3%|
|HDFC Bank Ltd.||Financial||Equity||9.2%|
|Housing Development Finance Corpn. Ltd.||Financial||Equity||6.3%|
|ICICI Bank Ltd.||Financial||Equity||5.7%|
|Tata Consultancy Services Ltd.||Technology||Equity||4.2%|
|Kotak Mahindra Bank Ltd.||Financial||Equity||3.6%|
|Hindustan Unilever Ltd.||FMCG||Equity||2.6%|
|Axis Bank Ltd.||Financial||Equity||2.5%|
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 ₹399 Cr and the Latest NAV as of 13 Apr 2021 is ₹12.50.
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.
The scheme seeks to provide returns before expenses that closely corresponds to the total returns of the NIFTY 100 subject to tracking errors.
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.