3 Year return
13.82%Investment Details
Calculate Returns
Based on past performance of this fund
Risk Involved
Your principal will be at
Very High Risk
Asset Under Management
₹547.96 Cr.
Expense Ratio
0.12% (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
JG
Jinesh Gopani
Fund Manager since Jan 2020
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 |
24.34% |
0 |
Motilal Oswal Nifty Midcap 150 Index Fund |
24.17% |
0 |
UTI Nifty Next 50 Index Fund |
20.13% |
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 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 |
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
FAQs
What is today's NAV of Axis Nifty 50 Index Fund Direct Plan IDCW Payout?
What is the AUM of Axis Nifty 50 Index Fund Direct Plan IDCW Payout?
What is the expense ratio of Axis Nifty 50 Index Fund Direct Plan IDCW Payout?
What are the returns of Axis Nifty 50 Index Fund Direct Plan IDCW Payout since inception?
What is the minimum SIP amount to invest in Axis Nifty 50 Index Fund Direct Plan IDCW Payout?
How do I invest in Axis Nifty 50 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 50 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 50 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 50 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.