AXIS Nifty Next 50 Index Fund – Direct Growth

Other · Index
100
Min SIP
100
Min Lumpsum
0.23 %
Expense Ratio
Rating
116
Fund Size (in Cr)
2 Years
Fund Age
Mutual Fund SIP Calculator
Monthly Investment
Max: ₹1,00,000
Investment Period
Yrs
Max: 1 yrs
  • Invested Amount
    --
  • Wealth Gained
    --
  • Expected Amount
    --

Scheme Performance

Returns and Ranks ( as on 28 February 2024 )
1Y1Y 3Y3Y 5Y5Y MaxMax
Trailing Returns 59.3% - - 19.5%
Category Average 57.7% 20.1% 18.2% -

Scheme Allocation

By Holding
By Sector
By Asset
4.07%
Others
80.54%
View all Holdings
Holdings Sector Instrument Asset
Shriram Finance Finance Equity 4.1%
Trent Retail Equity 4.07%
Bharat Electron Aerospace & Defence Equity 3.98%
Tata Power Co. Power Generation & Distribution Equity 3.95%
Hind.Aeronautics Aerospace & Defence Equity 3.36%
I O C L Refineries Equity 3.22%
DLF Realty Equity 3.09%
Cholaman.Inv.&Fn Finance Equity 2.85%
TVS Motor Co. Automobile Equity 2.79%
GAIL (India) Gas Distribution Equity 2.78%
Bank of Baroda Banks Equity 2.76%
Godrej Consumer FMCG Equity 2.63%
Interglobe Aviat Air Transport Service Equity 2.53%
Ambuja Cements Cement Equity 2.46%
Info Edg.(India) E-Commerce/App based Aggregator Equity 2.34%
Pidilite Inds. Chemicals Equity 2.31%
ICICI Lombard Insurance Equity 2.29%
Shree Cement Cement Equity 2.28%
Siemens Capital Goods - Electrical Equipment Equity 2.2%
Vedanta Mining & Mineral products Equity 2.19%
Colgate-Palmoliv FMCG Equity 2.05%
Punjab Natl.Bank Banks Equity 2.03%
SRF Chemicals Equity 2.02%
Havells India Consumer Durables Equity 1.94%
Canara Bank Banks Equity 1.93%
United Spirits Alcoholic Beverages Equity 1.89%
Dabur India FMCG Equity 1.89%
Zomato Ltd E-Commerce/App based Aggregator Equity 1.85%
I R C T C Railways Equity 1.78%
Jindal Steel Steel Equity 1.66%
Marico Edible Oil Equity 1.64%
P I Industries Agro Chemicals Equity 1.62%
Samvardh. Mothe. Auto Ancillaries Equity 1.61%
Varun Beverages FMCG Equity 1.53%
Adani Green Power Generation & Distribution Equity 1.51%
A B B Capital Goods - Electrical Equipment Equity 1.48%
Avenue Super. Retail Equity 1.41%
Torrent Pharma. Pharmaceuticals Equity 1.38%
SBI Cards Finance Equity 1.26%
Bosch Auto Ancillaries Equity 1.21%
ICICI Pru Life Insurance Equity 1.17%
Zydus Lifesci. Pharmaceuticals Equity 1.15%
Berger Paints Paints/Varnish Equity 0.94%
Muthoot Finance Finance Equity 0.9%
Bajaj Holdings Finance Equity 0.9%
Adani Energy Sol Power Generation & Distribution Equity 0.8%
Adani Total Gas Gas Distribution Equity 0.69%
Life Insurance Insurance Equity 0.6%
P & G Hygiene FMCG Equity 0.41%
Adani Wilmar Edible Oil Equity 0.14%
Finance
10.01%
Retailing
9.67%
Aerospace & Defense
7.34%
Personal Products
6.98%
Banks
6.72%
Others
59.28%
View all Sectors
Sectors Asset
Finance 10.01%
Retailing 9.67%
Aerospace & Defense 7.34%
Personal Products 6.98%
Banks 6.72%
Power 6.26%
Cement & Cement Products 4.74%
Chemicals & Petrochemical 4.33%
Insurance 4.06%
Electrical Equipments 3.68%
Gas 3.47%
Beverages 3.42%
Petroleum Products 3.22%
Realty 3.09%
Consumer Durables 2.88%
Auto Components 2.82%
Automobiles 2.79%
Pharmaceuticals & Biotech 2.53%
Transport Services 2.53%
Diversified Metals 2.19%
Agricultural Food & other 1.78%
Leisure Services 1.78%
Ferrous Metals 1.66%
Fertilisers & Agrochemica 1.62%
Debt 0.61%
Cash & Others -0.19%
Equity
99.57%
Reverse Repos
0.61%
Net Curr Ass/Net Receivables
-0.19%
Others
0.01%

Advance Ratio

-0.26
Alpha
5.58
SD
0.99
Beta
0.64
Sharpe

Exit Load

Exit Load Nil

Fund 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.

Fund Managers

Jinesh Gopani - Asset Under Management - Head of Equities, Axis Asset Management Ltd

With 20 years of work experience in fund management and content listing, Mr Jinesh Gopani is a prime part of Axis Mutual Fund. His current designation is Head of Equities, Axis Asset Management Ltd. He heads US$ 18 billion equity AUM (Asset Under Management) at Axis AMC. The AUM size of Axis Mutual Fund has increased at a CAGR (Compounded Annual Growth Rate) of 35% in the last three (3) years and 45% since its inception in 2009. His educational qualifications include a Master of Business Administration (MBA), MMS (Finance and Financial Management Services), and B.Com (Finance) from the University of Mumbai.

Mr Gopani joined Axis AMC in September 2009 as a Senior Fund Manager. He was promoted to his current role in September 2016. Before joining Axis AMC, he worked with Birla Sunlife as a Portfolio Manager and Voyager India Capital as Senior Research Analyst.

Under Mr Jinesh Gopani’s stewardship, Axis AMC has earned the coveted title of the No. 1 AMC in India. Incidentally, it was the 41st AMC in 2009. Mr Gopani manages fourteen (14) Axis Mutual Fund schemes, including Axis Long Term Equity Fund, Axis Focused 25 Fund, Axis Nifty Midcap 50 Index Fund, Axis NIFTY IT ETF, Axis Retirement Savings Fund, etc.

Risk-O-Meter

Peer Comparison

Fund Name

AMC Contact Details

Axis Mutual Fund
AUM:
2,63,225 Cr
Address:
Axis House, 1st Floor,C-2, Wadia international centre,Pandurang Budhkar Marg, Worli, Mumbai - 400025
Contact:
022-43255161
Email ID:
customerserivce@axismf.com

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Frequently Asked Questions

How to invest in AXIS Nifty Next 50 Index Fund – Direct Growth ?

You can invest in AXIS Nifty Next 50 Index Fund – Direct Growth in a quick and simple process. Follow the below steps;
  • Login to your 5paisa account, Go to the Mutual Funds section.
  • Search for AXIS Nifty Next 50 Index Fund – Direct Growth in the search box.
  • Click on "Start SIP" if you wish to do a SIP or click on “One-time” if you wish to invest a lumpsum amount then click on "Invest Now"

What is the NAV of AXIS Nifty Next 50 Index Fund – Direct Growth ?

The NAV of AXIS Nifty Next 50 Index Fund – Direct Growth is ₹14.3 as of 28 February 2024.

How to redeem AXIS Nifty Next 50 Index Fund – Direct Growth holding ?

You can go to your holding on the app and click on the fund name you will get two options Invest More and Redeem; click on redeem and enter the amount or units you desire to redeem or you can tick on “Redeem all units”.

What is the minimum sip amount of AXIS Nifty Next 50 Index Fund – Direct Growth?

The minimum SIP amount of AXIS Nifty Next 50 Index Fund – Direct Growth is ₹100

What are the top sectors AXIS Nifty Next 50 Index Fund – Direct Growth has invested in?

The top sectors AXIS Nifty Next 50 Index Fund – Direct Growth has invested in are
  1. Finance - 10.01%
  2. Retailing - 9.67%
  3. Aerospace & Defense - 7.34%
  4. Personal Products - 6.98%
  5. Banks - 6.72%

Can I make investments in both the SIP and Lump Sum schemes of AXIS Nifty Next 50 Index Fund – Direct Growth?

Yes, You can select both SIP or Lumpsum investment of AXIS Nifty Next 50 Index Fund – Direct Growth based on your investment objective and risk tolerance.

How much returns have AXIS Nifty Next 50 Index Fund – Direct Growth generated ?

The AXIS Nifty Next 50 Index Fund – Direct Growth has delivered 19.5% since inception

What is the expense ratio of AXIS Nifty Next 50 Index Fund – Direct Growth ?

The expense ratio of AXIS Nifty Next 50 Index Fund – Direct Growth is 0.23 % as of 28 February 2024.

What is the AUM of AXIS Nifty Next 50 Index Fund – Direct Growth?

The AUM of AXIS Nifty Next 50 Index Fund – Direct Growth is ₹2,63,225 Cr as of 28 February 2024

What are the top stock holdings of AXIS Nifty Next 50 Index Fund – Direct Growth?

The top stock holdings of AXIS Nifty Next 50 Index Fund – Direct Growth are
  1. Shriram Finance - 4.1%
  2. Trent - 4.07%
  3. Bharat Electron - 3.98%
  4. Tata Power Co. - 3.95%
  5. Hind.Aeronautics - 3.36%

How can I redeem my investments in AXIS Nifty Next 50 Index Fund – Direct Growth?

Step 1: Visit the fund house's website
Step 2: Log in to your account by adding Folio No. and M-Pin
Step 3: Click on Widhrawal > Redemption
Step 4: Select AXIS Nifty Next 50 Index Fund – Direct Growth in Scheme, enter the redemption amount, and click on submit button.
Invest Now