3 Year return

0
Launched on February 2022 (2 years)

Investment Details

₹100

Minimum SIP Amount

₹100

Minimum one time investment

Fund has no lock-in period

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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

₹293.15 Cr.

Expense Ratio

0.25% (inclusive of GST)

Exit Load

Nil

Ratings

ARQ Rating
0

Ratings by other agencies

0
0
0

Tax Implications

There are no records found for Tax Implications.

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 ₹275,166.00 Cr.
No. of Schemes 245
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 Smallcap 50 Index Fund Direct Plan-Growth

The Axis Nifty Smallcap 50 Index Fund Direct Plan-Growth is an open-ended equity mutual fund managed by Axis Mutual Fund. Being an open-ended fund, the investors can buy and redeem units at any time. The fund has an expense ratio of the fund is lower than the category average. This means that the fund charges a lower fee to manage your investment.

Investment Objectives of the Scheme

The investment objective of the LIC MF Large Cap Fund Direct Plan Growth is to generate long-term capital appreciation by investing in a diversified portfolio of equity shares of large-cap companies. The objective of the Axis Nifty Smallcap 50 Index Fund Direct Plan-Growth is to track the performance of the Nifty Smallcap 50 Index. The index comprises 50 small-cap stocks that are listed on the National Stock Exchange (NSE).

Key Features of The Fund

5-year return NA
Expense Ratio 0.25%
Fund Manager Jinesh Gopani
Fund Size ₹293.15 Cr
Risk Profile Very High

Is This Scheme Right for Me?

The fund is suitable for investors who have a high-risk appetite and are looking to invest in the small-cap segment of the Indian equity market. The small-cap segment is known to be more volatile than the other segments, but it also has the potential to generate higher returns. This fund is not a good option for those having low-risk appetite Investors should carefully consider their risk appetite before investing in this fund.

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.

FAQs

What is today's NAV of Axis Nifty Smallcap 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 Smallcap 50 Index Fund May 22 2024 is 16.527

What is the AUM of Axis Nifty Smallcap 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 Smallcap 50 Index Fund is 293.15 crore.

What is the expense ratio of Axis Nifty Smallcap 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 Smallcap 50 Index Fund is 0.25%

What are the returns of Axis Nifty Smallcap 50 Index Fund since inception?

The Axis Nifty Smallcap 50 Index Fund was launched on Feb 21 2022. The fund has delivered a CAGR of 25.79 since inception.

What is the minimum SIP amount to invest in Axis Nifty Smallcap 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 Smallcap 50 Index Fund is 100.

How do I invest in Axis Nifty Smallcap 50 Index Fund?

  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 Smallcap 50 Index Fund?

  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 Smallcap 50 Index Fund?

  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 Smallcap 50 Index Fund?

  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.