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Axis Nifty EV & New Age Automotive Index Fund Direct Growth
NAV: 16 Oct '26
₹10.00
Min. for SIP
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Fund size (AUM)
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Expense ratio
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Rating
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Minimum investments
Min. for 1st investment
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Min. for 2nd investment
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Min. for SIP
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Returns and rankings
| Name | 1M | 3M | 6M | All |
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| Fund returns | -- | -- | -- | -- |
| Category average (null null) | -- | -- | -- | -- |
| Rank (null null) | -- | -- | -- | -- |
Exit load, stamp duty and tax
Exit load
Exit load of 0.25%, if redeemed within 15 days.
Stamp duty on investment: 0.005% (from July 1st, 2020)
from July 1st 2020
Tax implication
If you redeem within one year, returns are taxed at 20%. If you redeem after one year, returns exceeding Rs 1.25 lakh in a financial year are taxed at 12.5%.
Compare similar funds
| Name | 1Y | 3Y | Fund Size(Cr) | |
|---|---|---|---|---|
 | -3.17% | +14.87% | 12,155.57 | |
 | +4.14% | +13.83% | 80,905.55 | |
| -0.93% | +10.73% | 14,256.56 | |
| -6.28% | +10.69% | 1,623.24 | |
 | -6.68% | +9.64% | 40,800.81 | |
| Compare | ||||
Fund management
About Axis Nifty EV & New Age Automotive Index Fund Direct Growth
Axis Nifty EV & New Age Automotive Index Fund Direct Growth is a -- Mutual Fund Scheme launched by Axis Mutual Fund. This scheme was made available to investors on 04 Sep 2009. Nandik Mallik is the Current Fund Manager of Axis Nifty EV & New Age Automotive Index Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹3,65,899 Cr and the Latest NAV as of 16 Oct 2026 is ₹10.00.
The Axis Nifty EV & New Age Automotive Index Fund Direct Growth is rated -- risk. Exit load of 0.25%, if redeemed within 15 days.
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Investment Objective
The scheme seeks to provide returns before expenses that correspond to the performance of Nifty EV & New Age Automotive TRI
Fund benchmarkNifty EV and New Age Automotive Total Return Index
Fund house
Rank (total assets)#7 in India
Total AUM₹3,65,899.22 Cr
Date of Incorporation04 Sep 2009
Launch Date04 Sep 2009
Address23rd Floor, One Lodha Place,S. B. Road, Lower Parel. Mumbai 400013
Websitewww.karvymfs.com
AddressKarvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,