3 Year return
14.04%Investment Details
Calculate Returns
Based on past performance of this fund
Risk Involved
Your principal will be at
Very High Risk
Asset Under Management
₹1662.06 Cr.
Expense Ratio
0.21% (inclusive of GST)
Exit Load
Nil
Tax Implications
Withdrawal within 1 year:
20% tax on gains
Withdrawal after 1 year:
12.5% tax on gains above ₹1.25 lakh per financial year
Fund Holdings
Axis Mutual Fund Managers
AN
Ashish Naik
Fund Manager since Apr 2022
Fund House Details
Axis Mutual Fund Asset management company
Peer Comparison
Comparison with other similar funds
Funds
|
3 Y Returns
|
ARQ Rating
|
---|---|---|
Motilal Oswal Nifty Smallcap 250 Index Fund |
24.76% |
0 |
Motilal Oswal Nifty Midcap 150 Index Fund |
23.9% |
0 |
UTI Nifty Next 50 Index Fund |
19.59% |
0 |
Schemes by Axis Mutual Fund
List of mutual fund schemes by AMC
Hybrid . Aggressive Hybrid Fund
Axis Aggressive Hybrid Fund Direct Plan Monthly IDCW Payout
Hybrid . Aggressive Hybrid Fund
Axis Aggressive Hybrid Fund Direct Plan Monthly IDCW Reinvestment
Hybrid . Aggressive Hybrid Fund
Axis Aggressive Hybrid Fund Direct Plan Growth
Hybrid . Aggressive Hybrid Fund
Axis Aggressive Hybrid Fund Direct Plan Quarterly IDCW Payout
Hybrid . Aggressive Hybrid Fund
Axis Aggressive Hybrid Fund Direct Plan Quarterly IDCW Reinvestment
About Axis Nifty 100 Index Fund Direct Plan Growth
Axis Nifty 100 Index Fund Direct Plan Growth is an open scheme under the Axis Mutual Fund. The fund is categorised as an index fund and has the Nifty 100 Total Return Index as its benchmark. The fund intends to track returns by investing in a portfolio of Nifty 100 Index equities, with the goal of achieving the specified index's returns.
Investment Objective of The Scheme
Axis Nifty 100 Index Fund Direct Plan Growth aims to deliver profits before expenses that roughly match the overall profits of the NIFTY 100 TRI. The scheme uses free float market capitalisation to give investors exposure to the 100 best 100 companies via one investment. The scheme follows a low friction investment strategy that helps remove the risks of security selection, and comes with lower expenses, a consistent style, and market linked returns. This scheme is reliant on broader market penetration wisdom, and avoids uncertainties about potential alpha.
Key Features of The Fund
5-year return | 16.46% |
Expense Ratio | 0.21% |
Fund Manager | Ashish Naik |
Fund Size | ₹1662.06 Cr |
Risk Profile | Very High |
Is This Scheme Right for Me?
Axis Nifty 100 Index Fund Direct Plan Growth is best suited for investors who are looking for long term wealth growth, and have a high risk tolerance. The advised investment horizon for this scheme is 3 years or more, which helps your returns become more predictable and the fund's downside risk be minimised. If investors are unsure if the scheme is right for them, they should consult with their financial advisors.
AMC Contact Details
Name | Axis Mutual Fund |
Launch Date | January 2009 |
Addresss | Axis House, First Floor, C-2, Wadia International Centre, Pandurang Budhkar Marg, Worli, Mumbai - 400025 |
Contact | 8108622211 |
customerservice@axismf.com | |
Website | https://www.axismf.com/ |
Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.
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FAQs
What is today's NAV of Axis Nifty 100 Index Fund?
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What is the expense ratio of Axis Nifty 100 Index Fund?
What are the returns of Axis Nifty 100 Index Fund since inception?
What is the minimum SIP amount to invest in Axis Nifty 100 Index Fund?
How do I invest in Axis Nifty 100 Index Fund?
- Make sure you are logged in to Angel One.
- Select the type of investment: SIP or one-time.
- In case of an SIP, select the amount and date and click ‘Start SIP’. In case of a one-time investment, enter just the amount.
- Proceed by clicking the pay button and choosing your mode of payment.
- Your portfolio will be updated with this investment in 3-5 working days.
How to start an SIP in Axis Nifty 100 Index Fund?
- Click on the ‘Invest’ button.
- Enter your desired SIP amount and the SIP date.
- You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
- Choose your payment method between UPI and Net Banking.
- Make your payment.
- Your SIP is created.
How do I automate an SIP in Axis Nifty 100 Index Fund?
- Once you create an SIP, click on ‘Set up autopay’
- Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
- Once you verify the OTP, your mandate request will be created.
How can I withdraw/redeem my investment in Axis Nifty 100 Index Fund?
- Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
- Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
- Verify the details on the ‘Confirm withdraw’ screen.
- Select the bank account in which you want to receive the funds.
- You will receive your funds within three working days of placing the order.
- You can track your order in the ‘Orders’ section.