Axis BSE Sensex Index Fund Direct Growth

Equity
Direct
Index Funds
Axis BSE Sensex Index Fund Direct Growth

About the Fund

Axis BSE Sensex Index Fund Direct Growth is an equity fund. This fund was started on 27 February, 2024. The fund is managed by . The fund could potentially beat inflation in the long-run.

Key Parameters

  1. Axis BSE Sensex Index Fund Direct Growth has ₹44 Cr worth of assets under management (AUM) as on Jun 2024 and is less than category average.
  2. The fund has an expense ratio 0.2.

Returns

Axis BSE Sensex Index Fund Direct Growth has given a CAGR return of 10.34% since inception.

Holdings

Axis BSE Sensex Index Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Tech, Energy, Consumer Cyclical, Consumer Defensive, Industrial, Basic Materials, Communication, Utilities, Health. Its top holdings are HDFC Bank Ltd, Reliance Industries Ltd, ICICI Bank Ltd, Infosys Ltd, Larsen & Toubro Ltd

Taxation

As it is a index funds 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 BSE Sensex Index Fund Direct Growth

To provide returns before expenses that corresponds to the total returns of the S & P BSE Sensex TRI subject to tracking errors.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 500.00 and for SIP is INR 100.00. Axis BSE Sensex Index Fund Direct Growth has no lock in period.

Fund Performance
zero opening, trading, fund transfer fee
441 people have invested ₹ 8.5L in Axis BSE Sensex Index Fund Direct Growth in the last three months

Fund Overview

Expense ratio0.2%
Benchmark
S&P BSE SENSEX TR INR
AUM₹44 Cr
Inception Date27 February, 2024
Min Lumpsum/SIP₹500/₹100
Exit Load
0.25%
Lock InNo Lock-in
TurnOver
0%
Risk
Risk meter
pointer
Very High Risk

Fund Distribution
as on (30-Jun-24)

  • Equity 99%

  • Debt & Cash 1%

Large cap
99%
Sector Allocation

Jun'24

May'24

Apr'24

Financial Services
38%
Tech
13.3%
Energy
11.8%
Consumer Cyclical
8.1%
Consumer Defensive
7.8%
Industrial
5.8%
Basic Materials
5.5%
Communication
4.2%
Utilities
3.6%
Health
1.8%

as on (30-Jun-24)

  • Equity

Holdings
Weight%
1M Change
HDFC Bank Ltd
HDFC Bank Ltd
13.95%
-10.2%
Reliance Industries Ltd
Reliance Industries Ltd
11.67%
-11.1%
ICICI Bank Ltd
ICICI Bank Ltd
9.27%
-9.4%
Infosys Ltd
Infosys Ltd
6.21%
-8.5%
Larsen & Toubro Ltd
Larsen & Toubro Ltd
4.57%
-10.3%
See all

  • Returns %

  • Fund Ratios

  • Overview

Funds
1Y Returns
3Y Returns
5Y Returns
Since Inception
Axis BSE Sensex Index Fund Direct Growth
Axis BSE Sensex Index Fund Direct Growth
-
-
-
10.3%
Aditya Birla Sun Life Nifty Smallcap 50 Index Fund Direct Growth
Aditya Birla Sun Life Nifty Smallcap 50 Index Fund Direct Growth
66.9%
18.5%
-
25.4%
UTI Nifty Next 50 Index Fund Direct Growth
UTI Nifty Next 50 Index Fund Direct Growth
63%
22.8%
23%
17.3%
Aditya Birla Sun Life Nifty Midcap 150 Index Fund Direct Growth
Aditya Birla Sun Life Nifty Midcap 150 Index Fund Direct Growth
54.4%
27.3%
-
29.9%
See all

Returns for the month of Jun

  • Gainers

  • Losers

Top Growth Drivers
1M Return
Infosys Ltd
Infosys Ltd
20.3%
Reliance Industries Ltd
Reliance Industries Ltd
3.2%

Axis BSE Sensex Index Fund Direct Growth 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 returns of 10.34% since inception (27nd Feb 2024)
Fund Allocations

Fund Allocations

This fund has an allocation of 98.99% in Equity, 0% in Debt and 1.01% in Cash related instruments
AUM size ₹44 Cr

AUM size ₹44 Cr

This fund has AUM of ₹44 Cr which is less than its category average of ₹ 794 Cr
Expense Ratio 0.2%

Expense Ratio 0.2%

This fund has an expense ratio of 0.2% which is less than its category average expense ratio of 0.54%

Frequently Asked Questions

The current NAV of Axis BSE Sensex Index Fund Direct Growth is ₹11.02 as on 25-Jul-2024.
Existing (Absolute + CAGR) as on 25-Jul-2024.
Axis BSE Sensex Index Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
3.69%
3.69%
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.
0.2% as on June 2024
₹44 Cr as on June 2024
HDFC Bank Ltd(13.95%), Reliance Industries Ltd(11.67%), ICICI Bank Ltd(9.27%), Infosys Ltd(6.21%), Larsen & Toubro Ltd(4.57%) as on June 2024
Financial Services(37.64%), Tech(13.2%), Energy(11.67%) as on June 2024
The alpha ratio for the Axis BSE Sensex Index Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
Axis BSE Sensex Index Fund Direct Growth
-
-
-
As on June 2024
The alpha for Axis BSE Sensex Index Fund Direct Growth is calculated against S&P BSE SENSEX 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 BSE Sensex Index Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
Axis BSE Sensex Index Fund Direct Growth
-
-
-
As on June 2024
The Beta for Axis BSE Sensex Index Fund Direct Growth is calculated with S&P BSE SENSEX 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 BSE Sensex 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 BSE Sensex Index Fund Direct Growth
-
-
-
As on June 2024
The sharpe ratio for Axis BSE Sensex Index Fund Direct Growth is calculated with S&P BSE SENSEX 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 BSE Sensex 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 BSE Sensex Index Fund Direct Growth
-
-
-
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 BSE Sensex Index Fund Direct Growth is 0.25%