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  • Axis Nifty Next 50 Index Fund (Growth)
Axis Mutual Fund

Axis Nifty Next 50 Index Fund (Growth)

EquityIndex Funds

16.6412

NAV (May 23)

24.6%
Till Date CAGR
Scripbox Opinion
Not Reviewed yet
Our analysis of this fundLearn how we rate funds ->

Fund Size

Outperformance Consistency

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Investment Calculator

Investment Duration5 years

0

Total Investment

0

Wealth Gained

0

Total Corpus Created (₹)

With CAGR of 11.25 % in 5 years

Historical NAV

16.6412

NAV (May 23)

Fund Returns

Last 1Y
67.2%
Last 3Y
NA
Last 5Y
NA
Last 10Y
NA
Since Inception
24.6%
6 Month CAGR
47%

Scheme Information

Investment Objective

To provide returns before expenses that closely corresponds to the total returns of the NIFTY NEXT 50 subject to tracking errors. However,there can be no assurance that the investment objective of the Scheme will be achieved.

Expense Ratio
0.83
Launched (2y ago)
Jan 28, 2022
AUM in Crores
165.803
ISIN
INF846K012F9
Lock-in
No Lock-in
Benchmark
Nifty Next 50 TR INR
SIP Minimum
1000
Lumpsum Min.
5000
Standard Deviation (3yr)
0
Standard Deviation (5yr)
0
Beta (3yr)
0
Beta (5yr)
0
Sharpe Ratio (3yr)
0
Sharpe Ratio (5yr)
0
YTM
0
Fund Managers

Sachin Relekar

Fund Manager

Shreyash Devalkar

Fund Manager

Karthik Kumar

Fund Manager

Important Links

Scheme Information Document

Statement of Additional Information

Portfolio Disclosure

Returns Calculator Comparison

of

for

with step up of

AssetReturnsTotal CorpusGainsCAGR
Axis Nifty Next 50 Index Fund (Growth)70%52,19,928 44,87,31667.2%
EPF70% 9,00,761 1,68,1498.50%
Property70% 8,67,662 1,35,0507.00%
PPF70% 8,69,819 1,37,2077.10%
Bank FD70% 8,46,471 1,13,8596.00%
Gold70% 8,46,471 1,13,8596.00%
Savings Bank70% 8,25,950 93,3385.00%

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.

Asset allocation and Holdings

Last updated on 2024-05-23

Top Stock Holdings

trent ltd

4.9%
4.9%

bharat electronics ltd

4.3%
4.3%

tata power co ltd

3.9%
3.9%

hindustan aeronautics ltd ordinary shares

3.8%
3.8%

power finance corp ltd

3.3%
3.3%
See all holdings

Allocation by Sector

financial services

23.5%
23.5%

industrials

19%
19%

basic materials

13%
13%

consumer cyclical

11.9%
11.9%

consumer defensive

11%
11%
See all sectors

Comparison with Equity Funds

Fund NameFund SizeOutperformance Consistency
HDFC Large and Mid Cap Fund (G)
HDFC Large and Mid Cap Fund (G)

₹ 18,691 cr

₹ 22,471 cr

₹ 14,859 cr

₹ 54,904 cr

₹ 42,664 cr

amc-img

About the AMC

Axis Asset Management Company Limited

Axis Asset Management Company Limited manages assets worth 297,862 crores and was set up on 13 January 2009. It's current offering of mutual fund schemes includes 62 equity,113 debt and 32 hybrid funds.amc-img
phone-img022-43255161
Fund NameScripbox Opinion
Till Date CAGR

4.9%

7.9%

5.7%

7%

5.8%

7%

5.9%

8%

-

5.1%

Axis Nifty Next 50 Index Fund (G) Review

Axis Nifty Next 50 Index Fund (G) is a Index Funds Equity fund and has delivered an annualised return of 24.6% over a period of 2 years. The fund is managed by Axis Asset Management Company Limited. The fund managers are Karthik Kumar, Sachin Relekar, Shreyash Devalkar.

Nav of Axis Nifty Next 50 Index Fund (G) as of 5/23/2024 is ₹16.64 with the total AUM as of 5/24/2024 is ₹165.803. With Scripbox you can compare and check the latest nav for all mutual funds in India. Axis Nifty Next 50 Index Fund (G) was launched on Jan 28, 2022. The category risk of the fund is Very High Risk.

The minimum SIP amount for Axis Nifty Next 50 Index Fund (G) is ₹1000 and you can increase this in multiples of ₹100. In case you want to invest a lump sum, the minimum amount to be invested is ₹5000. Check your estimated returns on mutual funds by using sip calculator.

Axis Nifty Next 50 Index Fund (G) is meant for investors with a minimum investment horizon of 5-7 years. Due to the asset class nature, expect volatility in your investments over the short term. The fund is benchmarked to Nifty Next 50 TR INR.

Axis Nifty Next 50 Index Fund (G) is rated as a 0 fund in Equity and delivered 67.2% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with Axis Nifty Next 50 Index Fund (G).

Frequently Asked Questions

What is Axis Nifty Next 50 Index Fund (G)?

Axis Nifty Next 50 Index Fund (G) is a Index Funds Equity scheme predominantly investing across Equity instruments with an investment objective to generate wealth over the long term.

How to invest in Axis Nifty Next 50 Index Fund (G)?

You can invest in Axis Nifty Next 50 Index Fund (G) through AMC, intermediaries, brokers or platforms like Scripbox. To learn step by step process visit how to invest in mutual funds?

What is the minimum sip amount of Axis Nifty Next 50 Index Fund (G)?

The minimum sip amount for Axis Nifty Next 50 Index Fund (G) is ₹1000. You can invest in multiples of ₹5000.

Is Axis Nifty Next 50 Index Fund (G) good to invest in?

As per Scripbox experts, Axis Nifty Next 50 Index Fund (G) is a Not Reviewed Yet fund. You can investAxis Nifty Next 50 Index Fund (G) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.

What is the expense ratio of the Axis Nifty Next 50 Index Fund (G)?

The expense ratio of the Axis Nifty Next 50 Index Fund (G) is 0.83% for regular plan.