Launch date | 24 Jan 2025 |
Allotment date | 13 Feb 2025 |
End date | 07 Feb 2025 |
NAV | ₹10.00 |
Inclusive of GST
Exit load of 0.25%, if redeemed within 15 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 | Not Supported |
Min. for 2nd investment onwards | Not Supported |
Min. for SIP | Not Supported |
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 Nifty500 Momentum 50 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. Sachin Relekar is the Current Fund Manager of Axis Nifty500 Momentum 50 Index Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹2,92,314 Cr and the Latest NAV as of 24 Jan 2025 is ₹10.00. The Axis Nifty500 Momentum 50 Index Fund Direct Growth is rated Very High risk. Minimum SIP Investment is set to ₹100. Exit load of 0.25%, if redeemed within 15 days. ;
The scheme seeks to provide returns before expenses that correspond to the Nifty500 Momentum 50 TRI subject to tracking errors. ;
Fund benchmark | Nifty 500 Momentum 50 Total Return Index |
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Equity, Flexi Cap funds | Rating | 1Y | 3Y | Fund Size(Cr) |
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JM Flexicap Fund Direct Plan Growth | 5 | 14.7% | 23.1% | 5,254.65 |
HDFC Flexi Cap Direct Plan Growth | 5 | 16.2% | 21.7% | 65,966.82 |
Parag Parikh Flexi Cap Fund Direct Growth | 5 | 16.9% | 17.9% | 89,703.46 |
Franklin India Flexi Cap Fund Direct Growth | 4 | 11.3% | 16.4% | 17,202.58 |
Union Flexi Cap Fund Direct Growth | 4 | 5.1% | 12.7% | 2,160.03 |