Axis Nifty 100 Index Fund Direct Growth
Axis Nifty 100 Index Fund Direct Growth

Axis Nifty 100 Index Fund Direct Growth

Equity
Direct
Index Funds

NAV: ₹ 16.4 as on 06-12-2022

Fund Performance
zero opening, trading, fund transfer fee
3015 people have invested ₹ 1.5Cr in mutual fund in the last three months

INDmoney Rank

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Pros
3Y returns in the top 25% of the category
Cons
No bad points found for this fund.
About the Fund

Axis Nifty 100 Index Fund Direct Growth is an equity fund. This fund was started on  18 October, 2019. The fund is managed by Ashish Naik. The fund could potentially beat inflation in the long-run.

Key parameters

1) Axis Nifty 100 Index Fund Direct Growth has a NAV of 16.357 as on 06-12-2022.

2) Axis Nifty 100 Index Fund Direct Growth has 902 Cr worth of assets under management (AUM) as on 31-10-2022 and is more than category average.

3) The fund has an expense ratio 0.15 %.

Fund Overview

Expense ratio
Expense ratio
0.15%
Benchmark
Benchmark
IISL Nifty 100 TR INR
AUM
AUM
₹902 Cr
Inception Date
Inception Date
18 October, 2019
Min Lumpsum/SIP
Min Lumpsum/SIP
₹500/₹100
Exit Load
Exit Load
0%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
8.03%

Fund Distribution

  • Equity 99.9%
  • Debt & Cash 0.1%
Size breakup
Large cap
98.6%
Mid cap
1.3%

Sector Allocation

Oct'22

Sep'22

Aug'22

Financial Services

33.9%

Tech

12.5%

Energy

12.1%

Consumer Defensive

9.8%

Basic Materials

8.2%

Consumer Cyclical

6.8%

Utilities

5.3%

Industrial

4.9%

Health

3.8%

Communication

2.7%

Real Estate

0.3%

Top Holdings

  • All
  • Equity
  • Debt & Cash
Total Holdings102
Equity Holdings100
Debt Holdings2

What changed

in last one month
  • Scheme
  • Portfolio
AUM increased by 51.8 Cr in last 1M
Oct'22 return underperformed benchmark

Change in AUM

Oct'22
₹ 901.8 Cr
Sep'22
₹ 850 Cr
Aug'22
₹ 871.5 Cr

Fund Returns vs Benchmark

Oct'22
4.70%
6.66%
Sep'22
-3.73%
-2.56%
Aug'22
4.27%
2.42%
Fund Return
Benchmark Return

Concentration Analysis

Fund
Oct'22
Oct'22
Aug'22
No of Holdings
102
101
103
Top 5 Company Concentration
33.9%
33.3%
34.6%
Company having highest exposure
Reliance Industries Ltd (9.4%)
Reliance Industries Ltd (9.2%)
Reliance Industries Ltd (9.9%)
No of Sectors
13
13
13
Top 5 Sectors Concentration
76.3%
76.2%
77.6%
Sector having highest exposure
Financial Services (33.8%)
Financial Services (33.5%)
Financial Services (33.9%)

Fund Manager

Ashish Naik

Ashish Naik

Managing this fund since 18 October 2019

Top funds managed

Scheme
Annualised Returns(3Y)
Category Returns(3Y)
Axis Equity Hybrid Fund Direct Growth
13.23%
15.35%
Axis Arbitrage Direct Growth
4.62%
3.69%
Axis Triple Advantage Fund Direct Plan Growth Option
14.19%
--

AMC details

Address
Axis Asset Management Company Ltd.,Axis House, 1st Floor, C-2, Wadia International Centre,,Pandurang Budhkar Marg, Worli,
Phone
+912243255161
Fund House
Axis Asset Management Company Limited

Fund Highlights

meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
About the fund

About the fund

This fund has delivered an average annual returns of 17% since inception which is more than its category average return of 10.15%
Fund Allocations

Fund Allocations

This fund has an allocation of 99.89% in Equity, 0% in Debt and 0.11% in Cash related instruments
AUM size ₹902 Cr

AUM size ₹902 Cr

This fund has AUM of ₹902 Cr which is more than its category average of ₹ 456 Cr
Expense Ratio 0.15%

Expense Ratio 0.15%

This fund has an expense ratio of 0.15% which is less than its category average expense ratio of 0.55%

Frequently Asked Questions

The current NAV of Axis Nifty 100 Index Fund Direct Growth is 16.36.
Existing (Absolute + CAGR)
Axis Nifty 100 Index Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
2.76%
2.76%
6 Month Returns
13.47%
13.47%
1 Year Returns
9.06%
9.06%
3 Years Returns
59.66%
16.88%
5 Years Returns
0%
0%
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0.15 as on November 2022
902 Cr as on November 2022
Reliance Industries Ltd(9.38%),HDFC Bank Ltd(7.02%),ICICI Bank Ltd(6.75%),Infosys Ltd(6%),Housing Development Finance Corp Ltd(4.78%) as on November 2022
Financial Services(33.82%),Tech(12.46%),Energy(12.06%) as on November 2022
The alpha ratio for the Axis Nifty 100 Index Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
Axis Nifty 100 Index Fund Direct Growth
-0.19
-0.13
-
As on month end.
The alpha for Axis Nifty 100 Index Fund Direct Growth is calculated against IISL Nifty 100 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%.
The Beta ratio for the Axis Nifty 100 Index Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
Axis Nifty 100 Index Fund Direct Growth
1
0.98
-
As on month end.
The Beta for Axis Nifty 100 Index Fund Direct Growth is calculated with IISL Nifty 100 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.
The sharpe ratio for the Axis Nifty 100 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 Nifty 100 Index Fund Direct Growth
0.44
0.64
-
As on month end.
The sharpe ratio for Axis Nifty 100 Index Fund Direct Growth is calculated with IISL Nifty 100 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.
The standard deviation for the Axis Nifty 100 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 Nifty 100 Index Fund Direct Growth
15.14
21.67
-
As on month end.
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.
0.94
Ashish Naik is the fund manager of Axis Nifty 100 Index Fund Direct Growth
The Exit load of Axis Nifty 100 Index Fund Direct Growth is 0%

Mutual Fund execution provided by

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Disclaimer: Mutual Fund investments are subject to market risks, read all scheme related documents carefully. Past performance is not indicative of future returns.