3 Year return

16.66%
Launched on September 2019 (5 years)

Investment Details

₹100

Minimum SIP Amount

₹100

Minimum one time investment

Fund has no lock-in period

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Risk Involved

scale

Your principal will be at

Very High Risk

Scheme Information

Asset Under Management

₹1392.4 Cr.

Expense Ratio

0.21% (inclusive of GST)

Exit Load

Nil

Ratings

ARQ Rating
0

Ratings by other agencies

3
0
0

Tax Implications

There are no records found for Tax Implications.

Fund Holdings

Holdings

Axis Mutual Fund Managers

AN

Ashish Naik

Fund Manager since Apr 2022

View Details

Fund House Details

Axis Mutual Fund

Axis Mutual Fund Asset management company

AUM ₹275,166.00 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 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 ₹1392.4 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
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.

Build Investment Discipline with SIPs

SIPs instill a habit of disciplined saving. By automating your investments, you ensure consistent contributions towards your financial goals. Plan your SIP investment strategy the SIP investment calculator. This tool helps you estimate returns and stay on track with your long-term investment plan.

FAQs

What is today's NAV of Axis Nifty 100 Index Fund Direct Plan IDCW Payout?

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 Direct Plan IDCW Payout Jun 20 2024 is 21.706

What is the AUM of Axis Nifty 100 Index Fund Direct Plan IDCW Payout?

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 Direct Plan IDCW Payout is 1392.4 crore.

What is the expense ratio of Axis Nifty 100 Index Fund Direct Plan IDCW Payout?

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 Direct Plan IDCW Payout is 0.21%

What are the returns of Axis Nifty 100 Index Fund Direct Plan IDCW Payout since inception?

The Axis Nifty 100 Index Fund Direct Plan IDCW Payout was launched on Sep 27 2019. The fund has delivered a CAGR of 17.98 since inception.

What is the minimum SIP amount to invest in Axis Nifty 100 Index Fund Direct Plan IDCW Payout?

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 Direct Plan IDCW Payout is 100.

How do I invest in Axis Nifty 100 Index Fund Direct Plan IDCW Payout?

  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 Direct Plan IDCW Payout?

  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 Direct Plan IDCW Payout?

  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 Direct Plan IDCW Payout?

  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.