Axis Nifty 100 Index Fund Direct Pyt of Inc Dis cum Cap Wdrl

Axis Nifty 100 Index Fund Direct Pyt of Inc Dis cum Cap Wdrl

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NAV: ₹ 21.08 as on 24-05-2024

About the Fund

Axis Nifty 100 Index Fund Direct Pyt of Inc Dis cum Cap Wdrl 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 Pyt of Inc Dis cum Cap Wdrl has ₹1364 Cr worth of assets under management (AUM) as on Apr 2024 and is more than category average.
  2. The fund has an expense ratio 0.2.
Fund Performance
zero opening, trading, fund transfer fee
26 people have invested ₹ 1.2L in Axis Nifty 100 Index Fund Direct Pyt of Inc Dis cum Cap Wdrl in the last three months

Overview

Expense ratio
Expense ratio
0.22%
Benchmark
Benchmark
IISL Nifty 100 TR INR
AUM
AUM
₹1364 Cr
Inception Date
Inception Date
18 October, 2019
Min Lumpsum/SIP
Min Lumpsum/SIP
₹100/₹100
Exit Load
Exit Load
0%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
21.18%

Axis Nifty 100 Index Fund Direct Pyt of Inc Dis cum Cap Wdrl Distribution as on (30-Apr-24)

  • Equity 99.9%

  • Debt & Cash 0.1%

Size breakup

Large cap
97.2%
Mid cap
2.7%
Sector Allocation

Apr'24

Mar'24

Feb'24

Financial Services
32.5%
Energy
11.4%
Consumer Cyclical
10.3%
Tech
9.9%
Consumer Defensive
9%
Basic Materials
7.3%
Industrial
7.3%
Utilities
5%
Health
3.8%
Communication
3.2%
Real Estate
0.5%

Top Holdings of Axis Nifty 100 Index Fund Direct Pyt of Inc Dis cum Cap Wdrl as on (30-Apr-24)

  • Equity

  • Debt & Cash

Equity Holdings101
Debt Holdings1

Gainers & Losers Returns for the month of Apr

Monthly Changes Updates

All changes are between Feb'24 and Apr'24
Fund Performance
Apr'24
Mar'24
Feb'24
Fund Returns
2.21%
1.73%
2.26%
Nifty 100
0.64%
-0.05%
1.32%
  • This fund’s returns stands at 2.21% whereas the fund’s underlying benchmark Nifty 100 returns stands at 0.64% as on Apr'24
  • This fund outperformed Nifty 100 by 1.57% in Apr'24
AUM Change
Parameters
Apr'24
Mar'24
Feb'24
AUM
₹ 1.4K Cr
₹ 1.3K Cr
₹ 1.3K Cr
  • AUM of the fund stands at 1.4K Cr as of Apr'24
  • AUM increased by 54.1 Cr between Apr'24 and Mar'24
Fund Portfolio Changes

Fund Manager

Ashish Naik
Ashish Naik
Fund Manager of Axis Nifty 100 Index Fund Direct Pyt of Inc Dis cum Cap Wdrl, since 18 October 2019

Axis Nifty 100 Index Fund Direct Pyt of Inc Dis cum Cap Wdrl Highlights

Risk 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 17.6% since inception which is less than its category average return of 20.38%
Fund Allocations

Fund Allocations

This fund has an allocation of 99.86% in Equity, 0% in Debt and 0.14% in Cash related instruments
AUM size ₹1364 Cr

AUM size ₹1364 Cr

This fund has AUM of ₹1364 Cr which is more than its category average of ₹ 717 Cr
Expense Ratio 0.22%

Expense Ratio 0.22%

This fund has an expense ratio of 0.22% which is less than its category average expense ratio of 0.54%

Frequently Asked Questions

The current NAV of Axis Nifty 100 Index Fund Direct Pyt of Inc Dis cum Cap Wdrl is ₹21.08 as on 24-May-2024.
Existing (Absolute + CAGR) as on 24-May-2024.
Axis Nifty 100 Index Fund Direct Pyt of Inc Dis cum Cap Wdrl
Absolute Returns
CAGR Returns
1 Month Returns
3.69%
3.69%
6 Month Returns
21.28%
21.28%
1 Year Returns
32.98%
32.98%
3 Years Returns
59.71%
16.89%
5 Years Returns
0%
0%
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0.22% as on April 2024
₹1364 Cr as on April 2024
HDFC Bank Ltd(9.23%), Reliance Industries Ltd(8.01%), ICICI Bank Ltd(6.52%), Infosys Ltd(4.09%), Larsen & Toubro Ltd(3.43%) as on April 2024
Financial Services(32.41%), Energy(11.34%), Consumer Cyclical(10.25%) as on April 2024
The alpha ratio for the Axis Nifty 100 Index Fund Direct Pyt of Inc Dis cum Cap Wdrl for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
Axis Nifty 100 Index Fund Direct Pyt of Inc Dis cum Cap Wdrl
-0.24
-0.21
-
As on April 2024
The alpha for Axis Nifty 100 Index Fund Direct Pyt of Inc Dis cum Cap Wdrl 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 Pyt of Inc Dis cum Cap Wdrl for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
Axis Nifty 100 Index Fund Direct Pyt of Inc Dis cum Cap Wdrl
1
1
-
As on April 2024
The Beta for Axis Nifty 100 Index Fund Direct Pyt of Inc Dis cum Cap Wdrl 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 Pyt of Inc Dis cum Cap Wdrl 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 Pyt of Inc Dis cum Cap Wdrl
2.02
0.89
-
As on April 2024
The sharpe ratio for Axis Nifty 100 Index Fund Direct Pyt of Inc Dis cum Cap Wdrl 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 Pyt of Inc Dis cum Cap Wdrl 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 Pyt of Inc Dis cum Cap Wdrl
10.71
13.21
-
As on April 2024
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.
Sortino ratio is 1.66 as on April 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Ashish Naik is the fund manager of Axis Nifty 100 Index Fund Direct Pyt of Inc Dis cum Cap Wdrl
The Exit load of Axis Nifty 100 Index Fund Direct Pyt of Inc Dis cum Cap Wdrl is 0%