3 Year return

13.82%
Launched on November 2021 (3 years)

Investment Details

₹100

Minimum SIP Amount

₹100

Minimum one time investment

Fund has no lock-in period

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Based on past performance of this fund

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Your Investment ₹3,00,000
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Risk Involved

scale

Your principal will be at

Very High Risk

Scheme Information

Asset Under Management

₹547.96 Cr.

Expense Ratio

0.12% (inclusive of GST)

Exit Load

Nil

Ratings

ARQ Rating
0

Ratings by other agencies

0
0
0

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

Holdings

Axis Mutual Fund Managers

JG

Jinesh Gopani

Fund Manager since Jan 2020

View Details

Fund House Details

Axis Mutual Fund

Axis Mutual Fund Asset management company

AUM ₹313,387.24 Cr.
No. of Schemes 264
Setup Date January 2009

Peer Comparison

Comparison with other similar funds

Schemes by Axis Mutual Fund

List of mutual fund schemes by AMC

About Axis Nifty 50 Index Fund Direct Plan IDCW Payout

The Axis Nifty 50 Index Fund Direct Plan IDCW Payout is a mutual fund scheme managed by Axis Mutual Fund. It is an index fund, which means that it tracks the performance of the Nifty 50 index. The index is a basket of 50 of the largest and most liquid stocks in India. The fund invests in the same stocks to align its returns to the returns of the Nifty 50 index. The fund is an open-ended fund, which means that it can issue and redeem units on a continuous basis. This makes it a flexible investment option for investors who want to buy or sell units whenever they want. The expense ratio of the fund is lower than the category average. This means that the fund charges lower fees to investors, which can help to improve their returns.

Investment Objectives of the Scheme

The Axis Nifty 50 Index Fund aims to mirror the Nifty 50 Index's returns by investing in a portfolio of securities that closely mimic the index's composition and weightage. As a passively managed fund, its primary goal is to provide investors with an investment option that closely tracks the overall performance of the Nifty 50 Index, allowing them to gain exposure to a diversified basket of large-cap stocks.

Key Features of The Fund

5-year return NA
Expense Ratio 0.12%
Fund Manager Jinesh Gopani
Fund Size ₹547.96 Cr
Risk Profile Very High

Is This Scheme Right for Me?

This fund is particularly suited for investors who prefer a straightforward and cost-effective way to invest in a diversified portfolio of the top companies in India's equity market. Remember that even index funds on Nifty 50 may carry some risk in the short term, which you may need to be comfortable with.

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.

Make Use of SIPs for Harnessing the Power of Compounding

To take advantage of compound interest, a lot of investors select Systematic Investment Plans (SIPs) for their mutual fund investments. By establishing a fixed amount of money to be invested every month, averaging the cost per unit over time, and mitigating the effects of market volatility, SIPs enable disciplined investing. Try the free mutual fund SIP calculator from Angel One to plan your investment and get an idea of possible returns.

FAQs

What is today's NAV of Axis Nifty 50 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 50 Index Fund Direct Plan IDCW Payout Dec 05 2024 is 14.7492

What is the AUM of Axis Nifty 50 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 50 Index Fund Direct Plan IDCW Payout is 547.96 crore.

What is the expense ratio of Axis Nifty 50 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 50 Index Fund Direct Plan IDCW Payout is 0.12%

What are the returns of Axis Nifty 50 Index Fund Direct Plan IDCW Payout since inception?

The Axis Nifty 50 Index Fund Direct Plan IDCW Payout was launched on Nov 15 2021. The fund has delivered a CAGR of 13.79 since inception.

What is the minimum SIP amount to invest in Axis Nifty 50 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 50 Index Fund Direct Plan IDCW Payout is 100.

How do I invest in Axis Nifty 50 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 50 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 50 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 50 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.