Axis S&P 500 ETF Fund of Fund Direct Payout Inc Dist cum Cap Wdrl

Equity
Direct
Global - Other
Axis S&P 500 ETF Fund of Fund Direct Payout Inc Dist cum Cap Wdrl

About the Fund

Axis S&P 500 ETF Fund of Fund Direct Payout Inc Dist cum Cap Wdrl 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

  1. Axis S&P 500 ETF Fund of Fund Direct Payout Inc Dist cum Cap Wdrl has ₹0 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
  2. The fund has an expense ratio 0.

Returns

Axis S&P 500 ETF Fund of Fund Direct Payout Inc Dist cum Cap Wdrl has given a CAGR return of 0.00% since inception.

Holdings

Axis S&P 500 ETF Fund of Fund Direct Payout Inc Dist cum Cap Wdrl 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 benefit
Dividends 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 Payout Inc Dist cum Cap Wdrl

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 Payout Inc Dist cum Cap Wdrl has no lock in period.

Fund Performance

Fund Overview

Expense ratio--
Benchmark
S&P 500 TR USD
AUM₹0 Cr
Inception Date12 April, 2023
Min Lumpsum/SIP--/--
Exit Load
0.25%
Lock InNo Lock-in
TurnOver
0%
Risk
Risk meter
pointer
Very High Risk

Frequently Asked Questions

The current NAV of Axis S&P 500 ETF Fund of Fund Direct Payout Inc Dist cum Cap Wdrl is ₹10 as on 05-Apr-2023.
Existing (Absolute + CAGR) as on 05-Apr-2023.
Axis S&P 500 ETF Fund of Fund Direct Payout Inc Dist cum Cap Wdrl
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%
With INDmoney, the process of investing is very simple and involves zero commission.
  • 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.
The alpha ratio for the Axis S&P 500 ETF Fund of Fund Direct Payout Inc Dist cum Cap Wdrl for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
Axis S&P 500 ETF Fund of Fund Direct Payout Inc Dist cum Cap Wdrl
-
-
-
As on June 2024
The alpha for Axis S&P 500 ETF Fund of Fund Direct Payout Inc Dist cum Cap Wdrl is calculated against S&P 500 TR USD. 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 S&P 500 ETF Fund of Fund Direct Payout Inc Dist cum Cap Wdrl for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
Axis S&P 500 ETF Fund of Fund Direct Payout Inc Dist cum Cap Wdrl
-
-
-
As on June 2024
The Beta for Axis S&P 500 ETF Fund of Fund Direct Payout Inc Dist cum Cap Wdrl is calculated with S&P 500 TR USD. 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 S&P 500 ETF Fund of Fund Direct Payout 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 S&P 500 ETF Fund of Fund Direct Payout Inc Dist cum Cap Wdrl
-
-
-
As on June 2024
The sharpe ratio for Axis S&P 500 ETF Fund of Fund Direct Payout Inc Dist cum Cap Wdrl is calculated with S&P 500 TR USD. 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 S&P 500 ETF Fund of Fund Direct Payout 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 S&P 500 ETF Fund of Fund Direct Payout Inc Dist cum Cap Wdrl
-
-
-
As on June 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.
The Exit load of Axis S&P 500 ETF Fund of Fund Direct Payout Inc Dist cum Cap Wdrl is 0.25%