Axis NASDAQ 100 Fund of Fund Direct Growth
Equity
Direct
Global - Other
NAV as on 02-12-2024
₹ 19.11
▲1.2%
1D
Inception Returns
36.4%
/yr
About Axis NASDAQ 100 Fund of Fund Direct Growth
Axis NASDAQ 100 Fund of Fund Direct Growth is an equity fund. This fund was started on 1 November, 2022. The fund is managed by . The fund could potentially beat inflation in the long-run.
Key Parameters
- Axis NASDAQ 100 Fund of Fund Direct Growth has ₹169 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
- The fund has an expense ratio 0.3.
Returns
Axis NASDAQ 100 Fund of Fund Direct Growth has given a CAGR return of 36.40% since inception. Over the last 1 year the fund has given a CAGR return of 34.24%.
Holdings
Axis NASDAQ 100 Fund of Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Tech, Communication, Consumer Cyclical, Consumer Defensive, Health, Industrial, Basic Materials, Utilities, Energy, Financial Services, Real Estate. Its top holdings are iShares NASDAQ 100 ETF USD Acc
Taxation
As it is a global - other mutual fund the taxation is as follows:For short term (less than a year) capital gains will be taxed at 15%For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefitDividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.
Investment objective of Axis NASDAQ 100 Fund of Fund Direct Growth
Investment objective To replicate the performance of the Nasdaq 100 TRI by investing ETFs whose primary objective is to track/replicate the performance of the Nasdaq 100 TRI, subject to tracking errors. However, there is no assurance or guarantee 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 NASDAQ 100 Fund of Fund Direct Growth has no lock in period.
Historical NAV & Returns
Axis NASDAQ 100 Fund of Fund Direct Growth Overview
| Expense ratio | 0.3% |
Benchmark | NASDAQ 100 TR INR |
| AUM | ₹169 Cr |
| Inception Date | 1 November, 2022 |
| Min Lumpsum/SIP | --/-- |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 62.98% |
| STCG | Selling within 36 months, gains taxed at slab rates. |
| LTCG | Holding over 3 years, gains taxed at slab rates without indexation. |
| Risk |   Very High Risk |
Trailing Returns
as on (02-Dec-24)
Fund Distribution
as on (31-Dec-69)
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 iShares NASDAQ 100 ETF USD Acc | 97.5% | -1.6% |
Axis NASDAQ 100 Fund of Fund Direct Growth Highlights
Very High Risk
About the fund
Fund Allocations
AUM size ₹169 Cr
Expense Ratio 0.3%
Frequently Asked Questions for Axis NASDAQ 100 Fund of Fund Direct Growth
Axis NASDAQ 100 Fund of Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 6.51% | 6.51% |
6 Month Returns | 17.4% | 17.4% |
1 Year Returns | 34.24% | 34.24% |
3 Years Returns | 0% | 0% |
5 Years Returns | 0% | 0% |
- 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.
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Axis NASDAQ 100 Fund of Fund Direct Growth | - | - | - |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Axis NASDAQ 100 Fund of Fund Direct Growth | - | - | - |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Axis NASDAQ 100 Fund of Fund Direct Growth | 1.96 | - | - |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Axis NASDAQ 100 Fund of Fund Direct Growth | 11.69 | - | - |