3 Year return
13.86%Investment Details
Calculate Returns
Based on past performance of this fund
Risk Involved
Your principal will be at
Very High Risk
Asset Under Management
₹1695.2 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 |
23.33% |
0 |
Motilal Oswal Nifty Midcap 150 Index Fund |
23.64% |
0 |
UTI Nifty Next 50 Index Fund |
20.86% |
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 IDCW Payout
The Axis Nifty 100 Index Fund Direct Plan IDCW Payout is an index fund managed by Axis Mutual Fund. It tracks the Nifty 100 index. The Nifty 100 Index consists of the top 100 companies listed on the National Stock Exchange (NSE) of India, based on market capitalisation. Being a direct plan, you can invest in this scheme directly through the fund house without any involvement of intermediaries like brokers or distributors. This reduces the expense ratio to an extent. IDCW along with the payout option, means the fund pays dividends or interest income to the investors instead of reinvesting them.
Investment Objectives of the Scheme
The Axis Nifty 100 Index Fund Direct Plan IDCW Payout aims to replicate the performance of the Nifty 100 Index and give returns in line with it.
Key Features of The Fund
5-year return | NA |
Expense Ratio | 0.21% |
Fund Manager | Ashish Naik |
Fund Size | ₹1695.2 Cr |
Risk Profile | Very High |
Is This Scheme Right for Me?
If you are looking to gain exposure to the overall performance of Nifty 50 constituent companies, this fund can be a good option. The fund is suitable for investors who are looking for long-term capital appreciation and who are willing to take on moderate risk. The fund is not suitable for investors who need regular income or who are not comfortable with the volatility of equity markets. Consider your own financial goals, risk tolerance, and investment horizon to determine if the Axis Nifty 100 Index Fund Direct Plan IDCW Payout aligns with your investment objectives.
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 Direct Plan IDCW Payout?
What is the AUM of Axis Nifty 100 Index Fund Direct Plan IDCW Payout?
What is the expense ratio of Axis Nifty 100 Index Fund Direct Plan IDCW Payout?
What are the returns of Axis Nifty 100 Index Fund Direct Plan IDCW Payout since inception?
What is the minimum SIP amount to invest in Axis Nifty 100 Index Fund Direct Plan IDCW Payout?
How do I invest in Axis Nifty 100 Index Fund Direct Plan IDCW Payout?
- 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 Direct Plan IDCW Payout?
- 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 Direct Plan IDCW Payout?
- 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 Direct Plan IDCW Payout?
- 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.