OTHER•INDEX FUND
Axis Nifty Next 50 Index Fund Direct Plan IDCW Payout
3 Year return
19.10%
NAV on August 09, 2026
17.6096
1D Returns
+0.04%
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 Feb 2025
NM
Nandik Mallik
Fund Manager since Mar 2026
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 Reinvestment10.7069%
Hybrid . Aggressive Hybrid Fund
Axis Aggressive Hybrid Fund Direct Plan Quarterly IDCW Reinvestment10.283%
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
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.
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FAQs
What is today's NAV of Axis Nifty Next 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 Next 50 Index Fund Direct Plan IDCW Payout on August 09, 2026, is ₹17.6096
What is the AUM of Axis Nifty Next 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 Next 50 Index Fund Direct Plan IDCW Payout, is ₹509.91 crore.
What is the expense ratio of Axis Nifty Next 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 Next 50 Index Fund Direct Plan IDCW Payout is 0.23%
What are the returns of Axis Nifty Next 50 Index Fund Direct Plan IDCW Payout since inception?
The Axis Nifty Next 50 Index Fund Direct Plan IDCW Payout 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 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 Next 50 Index Fund Direct Plan IDCW Payout is ₹100.
How do I invest in Axis Nifty Next 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 Next 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 Next 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 Next 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.
ENTER AMOUNT
₹
₹4,886 in 3Y at 19.0962% returns
SIP Date1st of every month
Your next SIP Payment will be on 10 September 2026
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