3 Year return

Launched on September 2019 (5 years)

Investment Details


Minimum SIP Amount


Minimum one time investment

Fund has no lock-in period

Calculate Returns

Based on past performance of this fund


Your Investment ₹3,00,000
  • Total Value


Your Investment
  • Total Value

Risk Involved


Your principal will be at

Very High Risk

Scheme Information

Asset Under Management

₹1557.32 Cr.

Expense Ratio

0.21% (inclusive of GST)

Exit Load



ARQ Rating

Ratings by other agencies


Tax Implications

Withdrawal within 1 year:

15% tax on gains

Withdrawal after 1 year:

10% tax on gains above ₹1 lakh per financial year

Fund Holdings


Axis Mutual Fund Managers


Ashish Naik

Fund Manager since Apr 2022

View Details

Fund House Details

Axis Mutual Fund

Axis Mutual Fund Asset management company

AUM ₹292,977.03 Cr.
No. of Schemes 248
Setup Date NA

Peer Comparison

Comparison with other similar funds

Schemes by Axis Mutual Fund

List of mutual fund schemes by AMC

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 NA
Expense Ratio 0.21%
Fund Manager Ashish Naik
Fund Size ₹1557.32 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
Email 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.

Plan Your Investments Efficiently

SIPs can help you invest with minimum contributions over a period of time. With Angel One's free SIP calculator online, you can set your end goal and determine the required contribution amount. Check how over time, with small contributions, you can build up enough to achieve your financial goals.


What is today's NAV of Axis Nifty 100 Index Fund?

NAV, or Net Asset Value, is the price of a single unit of a mutual fund. It is calculated by dividing the current value of holdings held by the mutual fund scheme at the end of the day by the total number of units issued. The NAV changes every day. The NAV of Axis Nifty 100 Index Fund Jul 12 2024 is 22.4983

What is the AUM of Axis Nifty 100 Index Fund?

Short for Asset Under Management, AUM means the total assets held by a mutual fund scheme. The AUM of the fund changes every day based on the fluctuation in the price of the underlying assets. Fund houses don't update AUM on a daily basis. They only update it at the end of the month and release it within a few days of the following month. The AUM of Axis Nifty 100 Index Fund is 1557.32 crore.

What is the expense ratio of Axis Nifty 100 Index Fund?

The expense ratio is the annual charges you pay to the mutual fund house for managing your investments. It is a percentage of Assets Under Management. It is deducted from the fund’s returns. The expense ratio of Axis Nifty 100 Index Fund is 0.21%

What are the returns of Axis Nifty 100 Index Fund since inception?

The Axis Nifty 100 Index Fund was launched on Sep 27 2019. The fund has delivered a CAGR of 18.67 since inception.

What is the minimum SIP amount to invest in Axis Nifty 100 Index Fund?

A Systematic Investment Plan (SIP) in mutual funds allows you to invest small amounts periodically instead of a one-time investment. The frequency of investment can be monthly, quarterly, half-yearly or annually, as per your convenience. The minimum SIP for Axis Nifty 100 Index Fund is 100.

How do I invest in Axis Nifty 100 Index Fund?

  1. Make sure you are logged in to Angel One.
  2. Select the type of investment: SIP or one-time.
  3. 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.
  4. Proceed by clicking the pay button and choosing your mode of payment.
  5. Your portfolio will be updated with this investment in 3-5 working days.

How to start an SIP in Axis Nifty 100 Index Fund?

  1. Click on the ‘Invest’ button.
  2. Enter your desired SIP amount and the SIP date.
  3. You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
  4. Choose your payment method between UPI and Net Banking.
  5. Make your payment.
  6. Your SIP is created.

How do I automate an SIP in Axis Nifty 100 Index Fund?

  1. Once you create an SIP, click on ‘Set up autopay’
  2. Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
  3. Once you verify the OTP, your mandate request will be created.

How can I withdraw/redeem my investment in Axis Nifty 100 Index Fund?

  1. Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
  2. Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
  3. Verify the details on the ‘Confirm withdraw’ screen.
  4. Select the bank account in which you want to receive the funds.
  5. You will receive your funds within three working days of placing the order.
  6. You can track your order in the ‘Orders’ section.