Launch date | NA |
Allotment date | 24 May 2024 |
End date | NA |
NAV | ₹10.00 |
Inclusive of GST
Exit load of 0.25%, if redeemed within 7 days.
0.005% (from July 1st, 2020)
Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.
Min. for 1st investment | ₹500 |
Min. for 2nd investment onwards | ₹100 |
Min. for SIP | ₹100 |
Rank (total assets) | #7 in India |
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Total AUM | ₹2,92,314.38Cr |
Date of Incorporation | 04 Sep 2009 |
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Axis Nifty Bank 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. The fund currently has an Asset Under Management(AUM) of ₹2,92,314 Cr and the Latest NAV as of 06 Sep 2024 is ₹10.35. The Axis Nifty Bank Index Fund Direct Growth is rated Very High risk. Minimum SIP Investment is set to ₹100. Minimum Lumpsum Investment is ₹500. Exit load of 0.25%, if redeemed within 7 days. ;
The scheme seeks to provide returns before expenses that corresponds to the total returns of the Nifty Bank TRI subject to tracking errors. ;
Fund benchmark | NIFTY Bank Total Return Index |
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