Axis Nifty500 Momentum 50 Index Fund Direct Growth

Axis Nifty500 Momentum 50 Index Fund Direct Growth

Equity

Axis Mutual Fund

Index Funds

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.

₹10.77

▲0.7%1D

NAV as on 23 May 2025

7.73%/per year

Since Inception

Absolute Gain%

▲▼

1414 people have invested ₹ 69.3L in Axis Nifty500 Momentum 50 Index Fund Direct Growth in the last three months

Peer comparison

Fund Name
INDmoney Rank
AUM (in Crs.)
Expense Ratio
1Y Returns
3Y Returns
Inception Returns
Axis Nifty500 Momentum 50 Index Fund
-
58Cr
0.16%
-
-
7.73%
Kotak Nifty Next 50 Index Fund Direct Growth
1/12
596Cr
0.1%
-1.97%
21.22%
17.2%
Navi Nifty 50 Index Fund Direct Growth
1/17
2,922Cr
0.06%
9.12%
16.41%
13.23%
HDFC BSE Sensex Index Fund Direct Growth
1/7
8,290Cr
0.2%
9.14%
15.74%
13.32%
See all

Axis Nifty500 Momentum 50 Index Fund Returns Calculator

Calculate SIP and lumpsum returns based on historical performance

  • 1-time

  • SIP

Total Investment

0

Profit

Total Corpus

0

Absolute Return
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Axis Nifty500 Momentum 50 Index Fund Asset Allocation

See fund asset allocation details as on (13-May-25)

Fund Distribution

as on (13-May-25)

Equity 100%

Mid cap
49%
Large cap
33.6%
Small cap
16.3%

Axis Nifty500 Momentum 50 Index Fund Sector Allocation

See fund sector allocation details as on (13-May-25)

Sector Allocation

Equity 100%

Axis Nifty500 Momentum 50 Index Fund Holdings Details

as on (30-Apr-25)

Equity

Holdings
Weight%
1M Change
Divi's Laboratories Ltd
5.87%
6.4%
Mahindra & Mahindra Ltd
5.59%
6.5%
Dixon Technologies (India) Ltd
5.18%
6.4%
Tech Mahindra Ltd
5.03%
6.5%
Indian Hotels Co Ltd
4.97%
6.5%
See all

Axis Nifty500 Momentum 50 Index Fund Direct Growth Overview

Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.

Expense ratio0.16%
Benchmark
Nifty 500 Momentum 50 TR INR
AUM₹58 Cr
Inception Date13 February, 2025
Min Lumpsum/SIP₹100/₹100
Exit Load
0.2%
Lock InNo Lock-in
TurnOver
0%
STCGSelling mutual fund before 1 year, returns taxed at 20%.
LTCGAfter 1 year, 12.5% tax on returns over ₹1.25 lakh/year.
Risk
Risk meter
pointer
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 Sachin Relekar. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. Axis Nifty500 Momentum 50 Index Fund Direct Growth has ₹58 Cr worth of assets under management (AUM) as on Apr 2025 and is less than category average.
  2. The fund has an expense ratio 0.2.

Returns

Axis Nifty500 Momentum 50 Index Fund Direct Growth has given a CAGR return of 7.73% since inception.

Holdings

Axis Nifty500 Momentum 50 Index Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Consumer Cyclical, Tech, Health, Financial Services, Basic Materials, Industrial, Consumer Defensive, Communication, Energy, Real Estate. Its top holdings are Divi's Laboratories Ltd, Mahindra & Mahindra Ltd, Dixon Technologies (India) Ltd, Tech Mahindra Ltd, Indian Hotels 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 benefit
Dividends 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 Direct Growth

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 Direct Growth has no lock in period.

Fund Manager

Sachin Relekar

Fund Manager of Axis Nifty500 Momentum 50 Index Fund Direct Growth, since 13 February 2025

Learn more about Axis Mutual Fund

Frequently Asked Questions for Axis Nifty500 Momentum 50 Index Fund Direct Growth

What is the current NAV of Axis Nifty500 Momentum 50 Index Fund Direct Growth?

The current NAV of Axis Nifty500 Momentum 50 Index Fund Direct Growth is ₹10.77 as on 23-May-2025.

What are the average returns of Axis Nifty500 Momentum 50 Index Fund Direct Growth?

Existing (Absolute + CAGR) as on 23-May-2025.
Axis Nifty500 Momentum 50 Index Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
3.39%
3.39%
6 Month Returns
0%
0%
1 Year Returns
0%
0%
3 Years Returns
0%
0%

How do I invest in Axis Nifty500 Momentum 50 Index Fund Direct Growth?

With INDmoney, the process of investing is very simple and involves zero commission.
  • Click Buy on the fund name.
  • Input the amount you are looking to invest.
  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.

What is the expense ratio of Axis Nifty500 Momentum 50 Index Fund Direct Growth?

0.16% as on April 2025

What is net assets under management (AUM) of Axis Nifty500 Momentum 50 Index Fund Direct Growth?

₹58 Cr as on April 2025

What are the top 5 holdings of Axis Nifty500 Momentum 50 Index Fund Direct Growth?

Divi's Laboratories Ltd(5.87%), Mahindra & Mahindra Ltd(5.59%), Dixon Technologies (India) Ltd(5.18%), Tech Mahindra Ltd(5.03%), Indian Hotels Co Ltd(4.97%) as on April 2025

What are the top 3 sectors that this Axis Nifty500 Momentum 50 Index Fund Direct Growth has invested in?

Consumer Cyclical(24.26%), Tech(22.61%), Health(17.54%) as on April 2025

What is the alpha of Axis Nifty500 Momentum 50 Index Fund Direct Growth?

The alpha ratio for the Axis Nifty500 Momentum 50 Index Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
Axis Nifty500 Momentum 50 Index Fund Direct Growth
-
-
-
As on April 2025
The alpha for Axis Nifty500 Momentum 50 Index Fund Direct Growth is calculated against Nifty 500 Momentum 50 TR INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.

What is the beta of Axis Nifty500 Momentum 50 Index Fund Direct Growth??

The Beta ratio for the Axis Nifty500 Momentum 50 Index Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
Axis Nifty500 Momentum 50 Index Fund Direct Growth
-
-
-
As on April 2025
The Beta for Axis Nifty500 Momentum 50 Index Fund Direct Growth is calculated with Nifty 500 Momentum 50 TR INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.

What is the sharpe ratio of Axis Nifty500 Momentum 50 Index Fund Direct Growth?

The sharpe ratio for the Axis Nifty500 Momentum 50 Index Fund Direct Growth for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
Axis Nifty500 Momentum 50 Index Fund Direct Growth
-
-
-
As on April 2025
The sharpe ratio for Axis Nifty500 Momentum 50 Index Fund Direct Growth is calculated with Nifty 500 Momentum 50 TR INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.

What is the standard deviation of Axis Nifty500 Momentum 50 Index Fund Direct Growth?

The standard deviation for the Axis Nifty500 Momentum 50 Index Fund Direct Growth for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
Axis Nifty500 Momentum 50 Index Fund Direct Growth
-
-
-
As on April 2025
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.

Who is the manager of Axis Nifty500 Momentum 50 Index Fund Direct Growth?

Sachin Relekar is the fund manager of Axis Nifty500 Momentum 50 Index Fund Direct Growth

What is the exit load of Axis Nifty500 Momentum 50 Index Fund Direct Growth?

The Exit load of Axis Nifty500 Momentum 50 Index Fund Direct Growth is 0.25%