Axis Nifty Next 50 Index Fund Direct Reinvestment Inc Dist cum Cap Wdrl
Axis Nifty Next 50 Index Fund Direct Reinvestment Inc Dist cum Cap Wdrl

Axis Nifty Next 50 Index Fund Direct Reinvestment Inc Dist cum Cap Wdrl

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Index Funds

NAV: ₹ 9.4 as on 03-02-2023

Fund Performance
zero opening, trading, fund transfer fee
3 people have invested ₹ 4K in mutual fund in the last three months
About the Fund

Axis Nifty Next 50 Index Fund Direct Reinvestment Inc Dist cum Cap Wdrl is an equity fund. This fund was started on  28 January, 2022. The fund is managed by Jinesh Gopani. The fund could potentially beat inflation in the long-run.

Key parameters

1) Axis Nifty Next 50 Index Fund Direct Reinvestment Inc Dist cum Cap Wdrl has a NAV of 9.4144 as on 03-02-2023.

2) Axis Nifty Next 50 Index Fund Direct Reinvestment Inc Dist cum Cap Wdrl has 78 Cr worth of assets under management (AUM) as on 31-12-2022 and is less than category average.

3) The fund has an expense ratio 0.23 %.

Fund Overview

Expense ratio
Expense ratio
0.23%
Benchmark
Benchmark
IISL Nifty Next 50 TR INR
AUM
AUM
₹78 Cr
Inception Date
Inception Date
28 January, 2022
Min Lumpsum/SIP
Min Lumpsum/SIP
₹500/₹100
Exit Load
Exit Load
0%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
85.55%

Fund Distribution as on (31-Dec-22)

  • Equity 99.6%
  • Debt & Cash 0.4%
Size breakup
Large cap
88.6%
Mid cap
10.9%

Sector Allocation

Dec'22

Nov'22

Oct'22

Basic Materials

20.6%

Financial Services

17.3%

Consumer Defensive

14.6%

Utilities

14.3%

Industrial

13%

Tech

4.9%

Communication

4%

Consumer Cyclical

4%

Health

2.6%

Energy

2.5%

Real Estate

2%

Top Holdings as on (31-Dec-22)

  • Equity
Equity Holdings50

What changed

in last one month
  • Scheme
  • Portfolio
AUM decreased by 1.3 Cr in last 1M
Dec'22 return underperformed benchmark

Change in AUM

Dec'22
₹ 78.3 Cr
Nov'22
₹ 79.6 Cr
Oct'22
₹ 76.6 Cr

Fund Returns vs Benchmark

Jan'23
0.55%
6.66%
Dec'22
2.51%
3.38%
Nov'22
0.55%
6.66%
Fund Return
Benchmark Return

Concentration Analysis as on (31-Dec-22)

Fund
Dec'22
Nov'22
Oct'22
No of Holdings
50
50
50
Top 5 Company Concentration
16.9%
17.2%
17.1%
Company having highest exposure
Adani Total Gas Ltd (3.8%)
Ambuja Cements Ltd (3.7%)
Pidilite Industries Ltd (3.5%)
No of Sectors
12
12
12
Top 5 Sectors Concentration
79.5%
81.2%
81.1%
Sector having highest exposure
Basic Materials (20.5%)
Basic Materials (21.8%)
Basic Materials (21.1%)

Fund Manager

Jinesh Gopani

Jinesh Gopani

Fund Manager of Axis Nifty Next 50 Index Fund Direct Reinvestment Inc Dist cum Cap Wdrl, since 28 January 2022

AMC details

Fund House
Axis Asset Management Company Limited
Total Schemes
Total AUM
₹2.47L Cr
as on 31-Dec-2022
Address
Axis Asset Management Company Ltd.,Axis House, 1st Floor, C-2, Wadia International Centre,,Pandurang Budhkar Marg, Worli,
Phone
+912243255161
Email
customerservice@axismf.com

Fund Highlights

Risk meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
Fund Allocations

Fund Allocations

This fund has an allocation of 99.56% in Equity, 0% in Debt and 0.44% in Cash related instruments
AUM size ₹78 Cr

AUM size ₹78 Cr

This fund has AUM of ₹78 Cr which is less than its category average of ₹ 487 Cr
Expense Ratio 0.23%

Expense Ratio 0.23%

This fund has an expense ratio of 0.23% which is less than its category average expense ratio of 0.53%

Frequently Asked Questions

The current NAV of Axis Nifty Next 50 Index Fund Direct Reinvestment Inc Dist cum Cap Wdrl is 9.49 as on 30-Jan-2023.
Existing (Absolute + CAGR)
Axis Nifty Next 50 Index Fund Direct Reinvestment Inc Dist cum Cap Wdrl
Absolute Returns
CAGR Returns
1 Month Returns
-6.8%
-6.8%
6 Month Returns
-1.31%
-1.31%
1 Year Returns
0%
0%
3 Years Returns
0%
0%
5 Years Returns
0%
0%
With INDmoney, the process of investing is very simple and involves zero commission.
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  • Select your bank account and proceed with Payment.
0.23 as on January 2023
78 Cr as on January 2023
Adani Total Gas Ltd(3.78%),Pidilite Industries Ltd(3.35%),LTIMindtree Ltd(3.34%),Ambuja Cements Ltd(3.32%),Bharat Electronics Ltd(3.09%) as on January 2023
Basic Materials(20.49%),Financial Services(17.26%),Consumer Defensive(14.57%) as on January 2023
The alpha ratio for the Axis Nifty Next 50 Index Fund Direct Reinvestment Inc Dist cum Cap Wdrl for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
Axis Nifty Next 50 Index Fund Direct Reinvestment Inc Dist cum Cap Wdrl
-
-
-
As on January 2023
The alpha for Axis Nifty Next 50 Index Fund Direct Reinvestment Inc Dist cum Cap Wdrl is calculated against IISL Nifty Next 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%.
The Beta ratio for the Axis Nifty Next 50 Index Fund Direct Reinvestment Inc Dist cum Cap Wdrl for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
Axis Nifty Next 50 Index Fund Direct Reinvestment Inc Dist cum Cap Wdrl
-
-
-
As on January 2023
The Beta for Axis Nifty Next 50 Index Fund Direct Reinvestment Inc Dist cum Cap Wdrl is calculated with IISL Nifty Next 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.
The sharpe ratio for the Axis Nifty Next 50 Index Fund Direct Reinvestment Inc Dist 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 Next 50 Index Fund Direct Reinvestment Inc Dist cum Cap Wdrl
-
-
-
As on January 2023
The sharpe ratio for Axis Nifty Next 50 Index Fund Direct Reinvestment Inc Dist cum Cap Wdrl is calculated with IISL Nifty Next 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.
The standard deviation for the Axis Nifty Next 50 Index Fund Direct Reinvestment Inc Dist 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 Next 50 Index Fund Direct Reinvestment Inc Dist cum Cap Wdrl
-
-
-
As on January 2023
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.
Jinesh Gopani is the fund manager of Axis Nifty Next 50 Index Fund Direct Reinvestment Inc Dist cum Cap Wdrl
The Exit load of Axis Nifty Next 50 Index Fund Direct Reinvestment Inc Dist cum Cap Wdrl is 0%

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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.