Axis Nifty500 Momentum 50 Index Fund Direct Growth

Equity
Flexi Cap
Very High Risk
Launch date24 Jan 2025
Allotment date13 Feb 2025
End date07 Feb 2025
NAV₹10.00

Expense ratio, exit load and tax

Expense ratio: NA

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

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.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investmentNot Supported
Min. for 2nd investment onwardsNot Supported
Min. for SIPNot Supported

Fund management

Fund house & investment objective

Rank (total assets)#7 in India
Total AUM₹2,92,314.38Cr
Date of Incorporation04 Sep 2009

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. ;

Investment Objective

The scheme seeks to provide returns before expenses that correspond to the Nifty500 Momentum 50 TRI subject to tracking errors. ;

Fund benchmarkNifty 500 Momentum 50 Total Return Index

Fund house contact details

Address
23rd Floor, One Lodha Place,S. B. Road, Lower Parel. Mumbai 400013
Phone
022-24255161
Launch Date
04 Sep 2009
E-mail
NA

Peer Comparison

Equity, Flexi Cap fundsRating1Y3YFund Size(Cr)
5
14.7%23.1%5,254.65
5
16.2%21.7%65,966.82
5
16.9%17.9%89,703.46
4
11.3%16.4%17,202.58
4
5.1%12.7%2,160.03
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