Axis Nifty Next 50 Index Fund Direct Growth
Get the latest NAV of Axis Nifty Next 50 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.
₹16.96
1D
NAV as on 21 Nov 2025
14.86%/per year
Since Inception
▲▼
5382 people have invested ₹ 2.6Cr in Axis Nifty Next 50 Index Fund Direct Growth in the last three months
Peer comparison
Axis Nifty Next 50 Index Fund Returns Calculator
Calculate SIP and lumpsum returns based on historical performance
Total Investment
0
Profit
Total Corpus
0
Axis Nifty Next 50 Index Fund Asset Allocation
See fund asset allocation details as on (14-Nov-25)
Fund Distribution
as on (14-Nov-25)
Axis Nifty Next 50 Index Fund Sector Allocation
See fund sector allocation details as on (14-Nov-25)
Sector Allocation
Top 3 Sectors in October were Financial Services, Basic Materials & Utilities
Financial Services
20%
Utilities
13%
Basic Materials
13%
Financial Services
20%
Basic Materials
13%
Utilities
13%
Axis Nifty Next 50 Index Fund Holdings Details
as on (31-Oct-25)
Axis Nifty Next 50 Index Fund Direct Growth Overview
Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.
| Expense ratio | 0.15% |
Benchmark | Nifty Next 50 TR INR |
| AUM | ₹383 Cr |
| Inception Date | 28 January, 2022 |
| Min Lumpsum/SIP | ₹100/₹100 |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 75.29% |
| Risk |   Very High Risk |
About Axis Nifty Next 50 Index Fund
Axis Nifty Next 50 Index Fund Direct Growth is an equity fund. This fund was started on 28 January, 2022. The fund is managed by Karthik Kumar. The fund could potentially beat inflation in the long-run.
Key Parameters
- Axis Nifty Next 50 Index Fund Direct Growth has ₹383 Cr worth of assets under management (AUM) as on Nov 2025 and is more than category average.
- The fund has an expense ratio 0.2.
Returns
Axis Nifty Next 50 Index Fund Direct Growth has given a CAGR return of 14.86% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 3.60% and 17.84% respectively.
Holdings
Axis Nifty Next 50 Index Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Utilities, Basic Materials, Consumer Defensive, Consumer Cyclical, Industrial, Corporate, Health, Energy, Real Estate, Communication, Tech. Its top holdings are Hindustan Aeronautics Ltd Ordinary Shares, Divi's Laboratories Ltd, Vedanta Ltd, TVS Motor Co Ltd, Cholamandalam Investment and Finance Co 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 Next 50 Index Fund Direct Growth
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.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. Axis Nifty Next 50 Index Fund Direct Growth has no lock in period.
Fund Manager
Karthik Kumar
Fund Manager of Axis Nifty Next 50 Index Fund Direct Growth, since 3 August 2023
- AUM of the fund stands at 383.1 Cr as of Oct'25
- AUM increased by 7.7 Cr between Oct'25 and Sep'25
Frequently Asked Questions for Axis Nifty Next 50 Index Fund Direct Growth
How do I invest in Axis Nifty Next 50 Index Fund?
- Download the INDmoney app.
- Search for ‘Axis Nifty Next 50 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.