Axis Nifty500 Value 50 Index Fund Direct Growth

Axis Nifty500 Value 50 Index Fund Direct Growth is an equity fund. This fund was started on 24 October, 2024. The fund is managed by . The fund could potentially beat inflation in the long-run.

1. Axis Nifty500 Value 50 Index Fund Direct Growth has ₹90 Cr worth of assets under management (AUM) as on Jun 2025 and is more than category average.
2. The fund has an expense ratio 0.2.
   

Axis Nifty500 Value 50 Index Fund Direct Growth has given a CAGR return of 1.06% since inception.

Axis Nifty500 Value 50 Index Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Basic Materials, Financial Services, Energy, Utilities, Consumer Cyclical, Industrial, Communication. Its top holdings are Tata Steel Ltd, Bharat Petroleum Corp Ltd, Indian Oil Corp Ltd, Coal India Ltd, Grasim Industries Ltd

As it is a value 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.

To provide returns before expenses that correspond to the Nifty500 Value 50 TRI subject to tracking error.

Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. Axis Nifty500 Value 50 Index Fund Direct Growth has no lock in period.