Axis S&P 500 ETF Fund of Fund Direct Growth
Equity
Direct
Global - Other
NAV as on 05-04-2023
₹ 10
About Axis S&P 500 ETF Fund of Fund Direct Growth
Axis S&P 500 ETF Fund of Fund Direct Growth is an equity fund. This fund was started on 12 April, 2023. The fund is managed by . The fund could potentially beat inflation in the long-run.
Key Parameters
- Axis S&P 500 ETF Fund of Fund Direct Growth has ₹0 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
- The fund has an expense ratio 0.
Returns
Axis S&P 500 ETF Fund of Fund Direct Growth has given a CAGR return of 0.00% since inception.
Holdings
Axis S&P 500 ETF Fund of Fund Direct Growth has allocated its funds majorly in . Its top holdings are
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 S&P 500 ETF Fund of Fund Direct Growth
To replicate the performance of the S&P 500 TRI by investing in Exchange Traded Funds replicating S&P 500 TRI, subject to tracking errors. However, there can be 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 500.00 and for SIP is INR 500.00. Axis S&P 500 ETF Fund of Fund Direct Growth has no lock in period.
Historical NAV & Returns
Axis S&P 500 ETF Fund of Fund Direct Growth Overview
| Expense ratio | -- |
Benchmark | S&P 500 TR USD |
| AUM | ₹0 Cr |
| Inception Date | 12 April, 2023 |
| Min Lumpsum/SIP | --/-- |
Exit Load | 0.2% |
| Lock In | No Lock-in |
TurnOver | 0% |
| STCG | Selling mutual fund within 36 months, gains taxed at slab rates. |
| LTCG | Holding over 3 years, gains taxed at slab rates without indexation. |
| Risk |   Very High Risk |
Frequently Asked Questions for Axis S&P 500 ETF Fund of Fund Direct Growth
Axis S&P 500 ETF Fund of Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0% | 0% |
6 Month Returns | 0% | 0% |
1 Year Returns | 0% | 0% |
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 S&P 500 ETF Fund of Fund Direct Growth | - | - | - |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Axis S&P 500 ETF Fund of Fund Direct Growth | - | - | - |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Axis S&P 500 ETF Fund of Fund Direct Growth | - | - | - |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Axis S&P 500 ETF Fund of Fund Direct Growth | - | - | - |