Average of the yearly returns of a mutual fund over a given period.
Absolute returns
The total return of a mutual fund over a given period.
Returns and rankings
Annualised returns
Absolute returns
Name
3M
6M
1Y
All
Fund returns
+9.3%
+16.6%
+27.5%
+14.5%
Category average (Equity Value Oriented)
--
--
+4.8%
--
Rank (Equity Value Oriented)
4
7
6
--
Understand terms
Expense ratio
A fee payable to a mutual fund house for managing your mutual fund investments. It is the total percentage of a company's fund assets used for administrative, management, advertising, and other expenses.
Tax
A percentage of your capital gains payable to the government upon exiting your mutual fund investments. Taxation is categorized as long-term capital gains (LTCG) and short-term capital gains (STCG) depending on your holding period and the type of fund.
Exit load
A fee payable to a mutual fund house for exiting a fund (fully or partially) before the completion of a specified period from the date of investment.
Stamp duty
A form of tax payable for the purchase or sale of an asset or security.
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%.
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).
Axis Nifty500 Value 50 Index Fund 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 Nifty500 Value 50 Index Fund Growth fund. The fund currently has an Asset Under Management(AUM) of ₹3,58,698 Cr and the Latest NAV as of 11 Mar 2026 is ₹11.24.
The Axis Nifty500 Value 50 Index Fund Growth is rated Very High risk. Minimum SIP Investment is set to ₹100. 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 Nifty500 Value 50 TRI subject to tracking error.
Fund benchmarkNifty 500 Value 50 Total Return Index