Axis Nifty Next 50 Index Fund Direct IDCW

Other
Index
Very High Risk
1.40%
1M return
+0.19% 1D
1M
6M
All
NAV: 07 Dec 2022₹10.73
Min. SIP amount₹500
RatingNA
Fund size₹76.57Cr

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
1M3M6MAll
Fund returns1.4%-0.1%16.7%7.3%
Category averageNANANANA
Rank with in categoryNA836NA
Understand terms

Holdings (50)

NameSectorInstrumentAssets
Pidilite Industries Ltd.ChemicalsEquity3.5%
Ambuja Cements Ltd.ConstructionEquity3.5%
Bharat Electronics Ltd.Capital GoodsEquity3.4%
Tata Power Company Ltd.EnergyEquity3.4%
SRF Ltd.DiversifiedEquity3.3%
Adani Total Gas Ltd.EnergyEquity3.3%
Adani Transmission Ltd.EnergyEquity3.1%
Dabur India Ltd.Consumer StaplesEquity2.9%
Godrej Consumer Products Ltd.Consumer StaplesEquity2.8%
Vedanta Ltd.Metals & MiningEquity2.8%
See All

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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