Axis Nifty 500 Index Fund Direct Growth
Get the latest NAV of Axis Nifty 500 Index Fund Direct Growth. View historical returns compared to its benchmark and category average. Know which stocks and sectors the fund is investing in. Get an estimate of returns from the SIP and lump sum returns calculator. View detailed holding analysis and peer comparison. Get INDmoney ranking of the fund.
₹10.14
▲0.4%1D
NAV as on 12 Sep 2025
1.18%/per year
Since Inception
▲▼
3767 people have invested ₹ 1.4Cr in Axis Nifty 500 Index Fund Direct Growth in the last three months
Peer comparison
Axis Nifty 500 Index Fund Returns Calculator
Calculate SIP and lumpsum returns based on historical performance
Total Investment
0
Profit
Total Corpus
0
Axis Nifty 500 Index Fund Asset Allocation
See fund asset allocation details as on (14-Aug-25)
Fund Distribution
as on (14-Aug-25)
Axis Nifty 500 Index Fund Sector Allocation
See fund sector allocation details as on (14-Aug-25)
Sector Allocation
Top 3 Sectors in July were Financial Services, Industrial & Consumer Cyclical
Financial Services
31%
Industrial
11%
Consumer Cyclical
11%
Financial Services
31%
Industrial
11%
Consumer Cyclical
11%
Axis Nifty 500 Index Fund Holdings Details
as on (31-Aug-25)
Axis Nifty 500 Index Fund Direct Growth Overview
Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.
| Expense ratio | 0.1% |
Benchmark | Nifty 500 TR INR |
| AUM | ₹287 Cr |
| Inception Date | 12 July, 2024 |
| Min Lumpsum/SIP | ₹100/₹100 |
Exit Load | 0.2% |
| Lock In | No Lock-in |
TurnOver | 24.44% |
| Risk |   Very High Risk |
About Axis Nifty 500 Index Fund
Axis Nifty 500 Index Fund Direct Growth is an equity fund. This fund was started on 12 July, 2024. The fund is managed by Karthik Kumar. The fund could potentially beat inflation in the long-run.
Key Parameters
- Axis Nifty 500 Index Fund Direct Growth has ₹287 Cr worth of assets under management (AUM) as on Aug 2025 and is more than category average.
- The fund has an expense ratio 0.1.
Returns
Axis Nifty 500 Index Fund Direct Growth has given a CAGR return of 1.18% since inception. Over the last 1 year the fund has given a CAGR return of -2.07%.
Holdings
Axis Nifty 500 Index Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Consumer Cyclical, Tech, Basic Materials, Energy, Consumer Defensive, Health, Communication, Utilities, Real Estate. Its top holdings are HDFC Bank Ltd, ICICI Bank Ltd, Reliance Industries Ltd, Infosys Ltd, Bharti Airtel Ltd
Taxation
As it is a index funds mutual fund the taxation is as follows:For short term (less than a year) capital gains will be taxed at 20%For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefitDividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.
Investment objective of Axis Nifty 500 Index Fund Direct Growth
To provide returns before expenses that closely correspond to the total returns of the Nifty 500 TRI, subject to tracking errors. There is no assurance that the investment objective of the Scheme will be achieved.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. Axis Nifty 500 Index Fund Direct Growth has no lock in period.
Fund Manager
Karthik Kumar
Fund Manager of Axis Nifty 500 Index Fund Direct Growth, since 12 July 2024
- AUM of the fund stands at 275.6 Cr as of Jul'25
- AUM decreased by 18 Cr between Jul'25 and Jun'25
Frequently Asked Questions for Axis Nifty 500 Index Fund Direct Growth
How do I invest in Axis Nifty 500 Index Fund?
- Download the INDmoney app.
- Search for ‘Axis Nifty 500 Index Fund’.
- Select whether you want to invest in SIP or lump sum.
- Enter the amount you wish to invest.
- Set up payments via bank mandate or UPI.