Axis Nifty ETF Regular Growth is a Others Mutual Fund Scheme launched by Axis Mutual Fund. This scheme was introduced to investors on 03 Jul 2017. Ashish Naik is the Current Fund Manager of Axis Nifty ETF Regular Growth.The fund currently has an Asset Under Management(AUM) of ₹8 Cr and the Latest NAV as of 22 Jan 2020 is ₹1248.37.
The Axis Nifty ETF Regular Growth is rated Moderately High risk. Minimum SIP Investment is 1000. Nil.
Investment Objective
The investment objective of the Scheme is to provide returns before expenses that closely correspond to the total returns of the Nifty 50 Index subject to tracking errors. However,there is no assurance or guarantee that the investment objective of the Scheme will be achieved.
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)
Not Supported
Min for First Investment
Not Supported
Min for Second Investment