Axis Nifty500 Momentum 50 Index Fund Direct Growth
Get the latest NAV of Axis Nifty500 Momentum 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.
₹11.31
1D
NAV as on 14 Aug 2026
8.6%/per year
Since Inception
▲▼
3966 people have invested ₹ 1.7Cr in Axis Nifty500 Momentum 50 Index Fund in the last three months
Peer comparison
Axis Nifty500 Momentum 50 Index Fund Returns Calculator
Calculate SIP and lumpsum returns based on historical performance
Total Investment
0
Profit
Total Corpus
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Axis Nifty500 Momentum 50 Index Fund Asset Allocation
See fund asset allocation details as on (15-Aug-26)
Fund Distribution
as on (15-Aug-26)
Axis Nifty500 Momentum 50 Index Fund Sector Allocation
See fund sector allocation details as on (15-Aug-26)
Sector Allocation
Top 3 Sectors in July were Industrial, Financial Services & Basic Materials
Industrial
30%
Financial Services
24%
Basic Materials
14%
Industrial
32%
Financial Services
24%
Basic Materials
14%
Axis Nifty500 Momentum 50 Index Fund Holdings Details
as on (31-Jul-26)
Axis Nifty500 Momentum 50 Index Fund Overview
Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.
| Expense ratio | 0.98% |
Benchmark | Nifty 500 Momentum 50 TR INR |
| AUM | ₹166 Cr |
| Inception Date | 13 February, 2025 |
| Min Lumpsum/SIP | ₹100/₹100 |
Exit Load | 0.2% |
| Lock In | No Lock-in |
TurnOver | 156.06% |
| Risk |   Very High Risk |
About Axis Nifty500 Momentum 50 Index Fund
Axis Nifty500 Momentum 50 Index Fund Direct Growth is an equity fund. This fund was started on 13 February, 2025. The fund is managed by Nandik Malik, Rohit Gautam. The fund could potentially beat inflation in the long-run.
Key Parameters
- Axis Nifty500 Momentum 50 Index Fund has ₹166 Cr worth of assets under management (AUM) as on Aug 2026 and is more than category average.
- The fund has an expense ratio 1.
Returns
Axis Nifty500 Momentum 50 Index Fund has given a CAGR return of 8.60% since inception. Over the last 1 year the fund has given a CAGR return of 6.50%.
Holdings
Axis Nifty500 Momentum 50 Index Fund has allocated its funds majorly in Cash Equivalent, Industrial, Financial Services, Basic Materials, Health, Utilities, Consumer Cyclical, Tech, Communication, Consumer Defensive, Energy. Its top holdings are Laurus Labs Ltd, Shriram Finance Ltd, Hindalco Industries Ltd, Cummins India Ltd, Multi Commodity Exchange of India 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 Nifty500 Momentum 50 Index Fund
To provide returns before expenses that correspond to the Nifty500 Momentum 50 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 Nifty500 Momentum 50 Index Fund has no lock in period.
Fund Manager
Nandik Malik
Fund Manager of Axis Nifty500 Momentum 50 Index Fund, since 6 March 2026
Rohit Gautam
Fund Manager of Axis Nifty500 Momentum 50 Index Fund, since 6 March 2026
- AUM of the fund stands at 165.7 Cr as of Jul'26
- AUM increased by 3.1 Cr between Jul'26 and Jun'26
Frequently Asked Questions for Axis Nifty500 Momentum 50 Index Fund Direct Growth
How do I invest in Axis Nifty500 Momentum 50 Index Fund?
- Download the INDmoney app.
- Search for ‘Axis Nifty500 Momentum 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.