Axis Nifty Next 50 Index Fund Direct Growth

Axis Nifty Next 50 Index Fund Direct Growth

+20.60%
3Y annualised
+0.99% 1D
1M
6M
1Y
3Y
All
NAV: 18 Mar '26
₹16.24
Min. for SIP
₹100
Fund size
₹439.91 Cr
Expense ratio
0.15%

Return calculator

Monthly investment
₹5,000
Over the pastTotal investmentWould've becomeHistoric returnsReturns
3 months₹15,000₹14,601
-2.66%
6 months₹30,000₹28,877
-3.74%
1 year₹60,000₹58,825
-1.96%
3 years₹1,80,000₹2,02,932
+12.74%

Holdings (51)

NameSectorInstrumentsAssets
Vedanta Ltd.Metals & MiningEquity5.24%
TVS Motor Company Ltd.AutomobileEquity3.91%
Divi's Laboratories Ltd.HealthcareEquity3.50%
Bharat Petroleum Corporation Ltd.EnergyEquity3.21%
Hindustan Aeronautics Ltd.Capital GoodsEquity3.19%
Cholamandalam Investment and Finance Company Ltd.FinancialEquity3.15%
Britannia Industries Ltd.Consumer StaplesEquity3.04%
Indian Oil Corporation Ltd.EnergyEquity3.01%
Tata Power Company Ltd.EnergyEquity2.72%
Varun Beverages Ltd.Consumer StaplesEquity2.66%
Power Finance Corporation Ltd.FinancialEquity2.59%
Bank Of BarodaFinancialEquity2.57%
Samvardhana Motherson International Ltd.AutomobileEquity2.54%
The Indian Hotels Company Ltd.ServicesEquity2.52%
Avenue Supermarts Ltd.ServicesEquity2.44%
Adani Power Ltd.EnergyEquity2.38%
Canara BankFinancialEquity2.28%
CG Power and Industrial Solutions Ltd.Capital GoodsEquity2.14%
Godrej Consumer Products Ltd.Consumer StaplesEquity2.11%
Bajaj Holdings & Investment Ltd.FinancialEquity2.01%
Jindal Steel Ltd.Metals & MiningEquity2.00%
Pidilite Industries Ltd.ChemicalsEquity1.99%
ICICI Lombard General Insurance Company Ltd.InsuranceEquity1.98%
GAIL (India) Ltd.EnergyEquity1.97%
Torrent Pharmaceuticals Ltd.HealthcareEquity1.95%
Punjab National BankFinancialEquity1.91%
REC Ltd.FinancialEquity1.87%
LTIMindtree Ltd.TechnologyEquity1.78%
United Spirits Ltd.Consumer StaplesEquity1.75%
Info Edge (India) Ltd.ServicesEquity1.72%
DLF Ltd.ConstructionEquity1.66%
Havells India Ltd.Capital GoodsEquity1.51%
Adani Energy Solutions Ltd.EnergyEquity1.51%
Shree Cement Ltd.ConstructionEquity1.50%
Solar Industries India Ltd.ChemicalsEquity1.41%
ABB India Ltd.Capital GoodsEquity1.37%
Bosch Ltd.AutomobileEquity1.35%
Hyundai Motor India Ltd.AutomobileEquity1.33%
Ambuja Cements Ltd.ConstructionEquity1.31%
Siemens Ltd.Capital GoodsEquity1.30%
Adani Green Energy Ltd.Capital GoodsEquity1.25%
Lodha Developers Ltd.ConstructionEquity1.19%
JSW Energy Ltd.Capital GoodsEquity1.12%
Hindustan Zinc Ltd.Metals & MiningEquity1.12%
Siemens Energy India Ltd.EnergyEquity1.11%
Zydus Lifesciences Ltd.HealthcareEquity0.99%
Life Insurance Corporation of IndiaInsuranceEquity0.81%
Indian Railway Finance Corporation Ltd.FinancialEquity0.79%
Mazagon Dock Shipbuilders Ltd.Capital GoodsEquity0.72%
Bajaj Housing Finance Ltd.FinancialEquity0.35%
TVS Motor Company Ltd - Pref. SharesAutomobilePref. Shares0.03%
See All

Minimum investments

Min. for 1st investment
₹100
Min. for 2nd investment
₹100
Min. for SIP
₹100

Returns and rankings

Annualised returns
Absolute returns
Name6M1Y3YAll
Fund returns-5.1%+8.4%+20.6%+12.4%
Category average (Equity Large Cap)+1.3%+7.1%+15.1%--
Rank (Equity Large Cap)--149--

Exit load, stamp duty and tax

Exit load

Nil

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%.
Check past data

Compare similar funds

Fund management

NM
Nandik Mallik
Mar 2026 - Present
View details

Education
Mr. Mallik holds B.Tech degree and has also done PGDM (IIM Calcutta) and MS- Finance (London Business School).
Experience
Prior to joining the Axis MF, he was working with Avendus Capital Public Markets Alternate Strategies LLP, ICICI Prudential Asset Management Company Ltd, Edelweiss AMC, DC India Capital, Credit-Suisse (London), BNP Paribas (London), NM Rothschild (Mumbai) and Fair Isaac (Bangalore).

About Axis Nifty Next 50 Index Fund Direct Growth

Axis Nifty Next 50 Index Fund Direct Growth is a Equity 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 Next 50 Index Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹3,66,904 Cr and the Latest NAV as of 18 Mar 2026 is ₹16.24. The Axis Nifty Next 50 Index Fund Direct Growth is rated Very High risk. Minimum SIP Investment is set to ₹100. Minimum Lumpsum Investment is ₹100. ;

Investment Objective

The scheme seeks to provide returns before expenses that closely corresponds to the total returns of the NIFTY NEXT 50 subject to tracking errors.
Fund benchmarkNIFTY Next 50 Total Return Index

Fund house

Rank (total assets)#7 in India
Total AUM₹3,66,904.00 Cr
Date of Incorporation04 Sep 2009
Phone022-24255161
E-mail--
Launch Date04 Sep 2009
Address23rd Floor, One Lodha Place,S. B. Road, Lower Parel. Mumbai 400013
CustodianDeutsche Bank
Registrar & Transfer AgentKFin Tech
AddressKarvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,