| Launch date | 16 Oct 2026 |
| Allotment date | 05 Nov 2026 |
| End date | 30 Oct 2026 |
| NAV | ₹10.00 |
Expense ratio, exit load and tax
Expense ratio: --
Inclusive of GST
Exit load
Exit load of 0.25%, if redeemed within 15 days.
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
--
Minimum investment amounts
| Min. for 1st investment | ₹100 |
| Min. for 2nd investment onwards | ₹100 |
| Min. for SIP | ₹100 |
Fund management
Nandik MallikOct 2026 - PresentView details
Rohit GautamOct 2026 - PresentView details
Fund house & investment objective
| Rank (total assets) | #7 in India |
|---|---|
| Total AUM | ₹3,65,899.22Cr |
| Date of Incorporation | 04 Sep 2009 |
|---|
Axis Nifty EV & New Age Automotive Index Fund Direct Growth is a -- 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 EV & New Age Automotive Index Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹3,65,899 Cr and the Latest NAV as of 16 Oct 2026 is ₹10.00. The Axis Nifty EV & New Age Automotive Index Fund Direct Growth is rated Very High risk. Minimum SIP Investment is set to ₹100. Minimum Lumpsum Investment is ₹100. Exit load of 0.25%, if redeemed within 15 days. ;
Investment Objective
The scheme seeks to provide returns before expenses that correspond to the performance of Nifty EV & New Age Automotive TRI ;
| Fund benchmark | Nifty EV and New Age Automotive Total Return Index |
|---|
Fund house contact details
Peer Comparison
| Fund name | Rating | 1Y | 3Y | Fund Size(Cr) |
|---|---|---|---|---|
Nippon India Small Cap Fund Direct Growth | 4 | 7.1% | 13.8% | 80,905.55 |
Franklin India Mid Cap Fund Direct Growth | 2 | -2.3% | 13.7% | 12,155.57 |
Franklin India Small Cap Fund Direct Growth | 3 | 3.8% | 10.9% | 14,256.56 |
HDFC Small Cap Fund Direct Growth | 3 | -3.7% | 9.2% | 40,800.81 |
Franklin India Technology Fund Direct Growth | 5 | -9.4% | 8.7% | 1,623.24 |