Axis Nifty Next 50 Index Fund Direct Growth

Other
Index
Very High Risk
1M
6M
1Y
All
NAV: 02 Feb 2023₹9.42
Min. SIP amount₹500
RatingNA
Fund size₹78.34Cr

Return calculator

Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of 0
Would have become (%)

Returns and rankings

Category: Other Index
Absolute returns
3M6M1YAll
Fund returns0.6%15.7%NA3.3%
Category averageNANA-1.9%NA
Rank with in category7976NANA
Understand terms

Holdings (50)

NameSectorInstrumentAssets
Adani Total Gas Ltd.EnergyEquity3.8%
Pidilite Industries Ltd.ChemicalsEquity3.4%
LTIMindtree Ltd.TechnologyEquity3.3%
Ambuja Cements Ltd.ConstructionEquity3.3%
Bharat Electronics Ltd.Capital GoodsEquity3.1%
Tata Power Company Ltd.EnergyEquity3.0%
Bank Of BarodaFinancialEquity3.0%
Vedanta Ltd.Metals & MiningEquity3.0%
SRF Ltd.DiversifiedEquity2.9%
Godrej Consumer Products Ltd.Consumer StaplesEquity2.9%
See All

Pros and cons

Category: Other Index

Pros

Cons

Exit load is zero
1Y annualised returns lower than category average by 6.06%
Lower expense ratio: 0.23%

Expense ratio, exit load and tax

Expense ratio: 0.23%

Inclusive of GST

Exit load

Nil

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

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.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investment₹500
Min. for 2nd investment onwards₹500
Min. for SIP₹500

Fund management

Jinesh Gopani
Jan 2022 - Present
View details

Education
Mr. Gopani is a B. Com (H) and MMS from Bharati Vidyapeeth Institute of Management Studies and Research.
Experience
Prior to joining Axis AMC he has worked with Birla Sun Life AMC, Voyager India Capital Pvt. Ltd., Emkay Shares & Stock Brokers Limited and Net worth Stock Broking Limited.
Also manages these schemes

Fund house & investment objective

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
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,

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