OTHER•INDEX FUND
Axis Nifty Next 50 Index Fund
3 Year return
19.10%
NAV on August 11, 2026
18.5748
1D Returns
+0.01%
Launched on January 2022(4 years)
Investment Details
₹100
Minimum SIP Amount
₹100
Minimum one time investment
Fund has no lock-in period
Calculate Returns
Based on past performance of this fund
₹
Your Investment₹3,600
Gain
35.72%₹1,286
Total Value ₹4,886
Risk Involved
Your principal will be at
Very High Risk
Scheme Information
Asset Under Management
₹509.91 Cr.
Expense Ratio
0.23% (inclusive of GST)
Exit Load
Nil
Ratings
0
Ratings by other agencies
Value Research
0
Crisil
0
Morning Star
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
Axis Mutual Fund Manager
KK
Karthik Kumar
Fund Manager since Aug 2023
NM
Nandik Mallik
Fund Manager since Dec 2025
RG
Rohit Gautam
Fund Manager since Mar 2026
Fund House Details
Axis Mutual Fund
Asset management company
AUM
₹3,77,445.09 Cr.
No. of Schemes
276
Setup Date
January 2009
Peer Comparison
Comparison with other similar funds
| Funds | 3 Y Returns | ARQ Rating |
|---|---|---|
| Motilal Oswal Nifty Midcap 150 Index Fund | 18.6528% | 0 |
| Aditya Birla Sun Life Nifty Midcap 150 Index Fund | 18.5212% | 0 |
| Nippon India Nifty Midcap 150 Index Fund | 18.4191% | 0 |
Schemes by Axis Mutual Fund
List of mutual fund schemes by AMC
Funds
3 Years Returns
Hybrid . Aggressive Hybrid Fund
Axis Aggressive Hybrid Fund Direct Plan Monthly IDCW Reinvestment10.7535%
Hybrid . Aggressive Hybrid Fund
Axis Aggressive Hybrid Fund Direct Plan Quarterly IDCW Payout10.3579%
Hybrid . Aggressive Hybrid Fund
Axis Aggressive Hybrid Fund Direct Plan Quarterly IDCW Reinvestment10.3579%
The Axis Nifty Next 50 Index Fund Direct Plan Growth is an open-ended equity mutual fund scheme that aims to track the performance of the Nifty Next 50 Index.
The fund is managed by Axis Mutual Fund, one of the leading mutual fund houses in India. The fund has a track record of generating consistent returns over the long term.
Investment Objectives of the Scheme
The investment objective of the Axis Nifty Next 50 Index Fund Direct Plan Growth is to track the performance of the Nifty Next 50 Index.
The fund will invest in a diversified portfolio of stocks that are included in the Nifty Next 50 Index. The fund's returns will be closely correlated to the performance of the Nifty Next 50 Index.
Key Features of The Fund
5-year return
0%
Expense Ratio
0.23%
Fund Manager
Karthik Kumar
Fund Size
₹509.91 Cr.
Risk Profile
Very High
Is This Scheme Right for Me?
The Axis Nifty Next 50 Index Fund Direct Plan Growth is a good option for investors who are looking for a low-cost way to invest in the Nifty Next 50 Index. The fund is suitable for investors who have a time horizon of at least 3 years.
However, it is important to note that the fund is not a risk-free investment. The fund's returns can go down as well as up. Investors should only invest in the fund if they are comfortable with the risk of losing money.
AMC Contact Details
| Name | Axis Mutual Fund |
| Launch Date | January 2009 |
| Address | 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.
Ready to Invest? Start Your SIP Now!
Craft your ideal SIP plan effortlessly with our intuitive SIP return calculator, streamlining the process of initiating your SIP account. Enjoy a seamless account opening experience and embark on your investment journey with ease and assurance. With our support, you can navigate the complexities of investing with confidence, knowing that your financial goals are within reach.
FAQs
What is today's NAV of Axis Nifty Next 50 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 Next 50 Index Fund on August 11, 2026, is ₹18.5748
What is the AUM of Axis Nifty Next 50 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 Next 50 Index Fund, is ₹509.91 crore.
What is the expense ratio of Axis Nifty Next 50 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 Next 50 Index Fund is 0.23%
What are the returns of Axis Nifty Next 50 Index Fund since inception?
The Axis Nifty Next 50 Index Fund was launched on January 07, 2022. The fund has delivered a CAGR of undefined since inception.
What is the minimum SIP amount to invest in Axis Nifty Next 50 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 Next 50 Index Fund is ₹100.
How do I invest in Axis Nifty Next 50 Index Fund?
- 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 Next 50 Index Fund?
- 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 Next 50 Index Fund?
- 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 Next 50 Index Fund?
- 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.
ENTER AMOUNT
₹
₹4,886 in 3Y at 19.0975% returns
SIP Date1st of every month
Your next SIP Payment will be on 11 September 2026
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