| Launch date | 04 Oct 2024 |
| Allotment date | 20 Oct 2024 |
| End date | 18 Oct 2024 |
| NAV | ₹10.00 |
Expense ratio, exit load and tax
Expense ratio: 0.17%
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.
Minimum investment amounts
| Min. for 1st investment | ₹100 |
| Min. for 2nd investment onwards | ₹100 |
| Min. for SIP | ₹100 |
Fund management
Nandik MallikMar 2026 - PresentView details
Rohit GautamMar 2026 - PresentView details
Fund house & investment objective
| Rank (total assets) | #7 in India |
|---|---|
| Total AUM | ₹3,66,904.00Cr |
| Date of Incorporation | 04 Sep 2009 |
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Axis Nifty500 Value 50 Index Fund DirectGrowth is a Equity Mutual Fund Scheme launched by Axis Mutual Fund. This scheme was made available to investors on 04 Sep 2009. Karthik Kumar is the Current Fund Manager of Axis Nifty500 Value 50 Index Fund DirectGrowth fund. The fund currently has an Asset Under Management(AUM) of ₹3,66,904 Cr and the Latest NAV as of 08 Apr 2026 is ₹11.34. The Axis Nifty500 Value 50 Index Fund DirectGrowth 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 Nifty500 Value 50 TRI subject to tracking error. ;
| Fund benchmark | Nifty 500 Value 50 Total Return Index |
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