(Scheme Rating)

Axis Nifty Next 50 Index Fund Direct-Growth

  • NAV as of Aug 07, 2026

    18.560.25%

  • (Earn upto 0.91% Extra Returns with Direct Plan)

Investment Growth

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Axis Nifty Next 50 Index Fund Direct-Growth Fund Details

Investment Objective - The scheme seeks to provide returns before expenses that closely corresponds to the total returns of the NIFTY NEXT 50 subject to tracking errors.

Fund HouseAxis Mutual Fund
Launch DateJan 28, 2022
BenchmarkNIFTY Next 50 Total Return Index
Return Since Launch14.64%
RiskometerVery High
Fund CategoryEquity: Large Cap
Expense Ratio0.22%(0.64% Category average)
Fund SizeRs. 509.91 Cr(0.09% of Investment in Category)
TypeOpen-ended
Risk GradeAbove Average
Return GradeHigh

Axis Nifty Next 50 Index Fund Direct-Growth Investment Details

Minimum Investment (Rs.)100.00
Minimum Additional Investment (Rs.)100.00
Minimum SIP Investment (Rs.)100.00
Minimum Withdrawal (Rs.)-
Exit Load0%
Axis Nifty Next 50 Index Fund Direct-Growth Fund Key Highlights
1. Current NAV: The Current Net Asset Value of the Axis Nifty Next 50 Index Fund - Direct Plan as of Aug 07, 2026 is Rs 18.56 for Growth option of its Direct plan.
2. Returns: Its trailing returns over different time periods are: 13.44% (1yr), 19.1% (3yr) and 14.64% (since launch). Whereas, Category returns for the same time duration are: 4.12% (1yr), 11.48% (3yr) and 10.56% (5yr).
3. Fund Size: The Axis Nifty Next 50 Index Fund - Direct Plan currently holds Assets under Management worth of Rs 509.91 crore as on Jun 30, 2026.
4. Expense ratio: The expense ratio of the fund is 0.22% for Direct plan as on Aug 06, 2026.
5. Exit Load: The given fund doesn't attract any Exit Load.
6. Minimum Investment: Minimum investment required is Rs 100 and minimum additional investment is Rs 100. Minimum SIP investment is Rs 100.

Axis Nifty Next 50 Index Fund Direct-Growth Returns

  • Trailing Returns

  • Rolling Returns

  • Discrete Period

  • SIP Returns

  • 1M3M6M1Y3Y5Y
    Annualized Returns3.624.248.7713.4419.10-
    Category Avg1.782.57-0.134.1211.4810.56
    Rank within Category913346-
    No. of funds within Category172170168158123100

Return Comparison

  • BenchmarkS&P BSE Sensex

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  • Nifty 50
  • NAV:--
  • S&P BSE Sensex:--
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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Portfolio Allocation

Asset Allocation

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Asset Allocation History

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EquityDebtCash

Sector Allocation

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Market Cap Allocation

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Concentration & Valuation Analysis

JUN 2026MAY 2026APR 2026MAR 2026FEB 2026JAN 2026
Number of Holdings505454505151
Top 5 Company Holdings17.52% 16.92% 17.19% 19.37% 19.05% 19.29%
Top 10 Company Holdings32.18% 30.9% 31.41% 33.8% 33.63% 33.65%
Company with Highest ExposureAdani Power (3.79%)Adani Power (4.0%)Adani Power (3.72%)Vedanta (5.2%)Vedanta (5.24%)Vedanta (5.1%)
Number of Sectors121212121313
Top 3 Sector Holdings52.19% 52.48% 51.67% 49.08% 46.05% 45.28%
Top 5 Sector Holdings72.91% 72.12% 71.86% 70.12% 64.78% 63.85%
Sector with Highest ExposureFinancial (21.08%)Financial (19.92%)Financial (20.75%)Financial (21.17%)Financial (17.53%)Financial (17.43%)
  • Top Stock Holdings

  • Sector Holdings in MF

Peer Comparison

  • Cumulative Returns

  • SIP returns

  • Discrete Returns

  • Quant Measures

  • Asset Allocation

Risk Ratios

Ratios are calculated using the calendar month returns for the last 3 years

  • Standard Deviation

    High Volatality

    20.03VS15.16

    Fund Vs Category Avg

  • Beta

    High Volatality

    1.28VS1.02

    Fund Vs Category Avg

  • Sharpe Ratio

    Better risk-adjusted returns

    0.65VS0.40

    Fund Vs Category Avg

  • Treynor's Ratio

    Better risk-adjusted returns

    10.13VS6.03

    Fund Vs Category Avg

  • Jensen's Alpha

    Better risk-adjusted returns

    6.48VS1.24

    Fund Vs Category Avg

  • Mean Return

    Better average monthly returns

    18.74VS12.19

    Fund Vs Category Avg

Risk Ratio Chart

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  • Risk Ratio
  • Category Average
Size of Bubbles represents the Fund Size

Fund Manager

  • S.S.
    Sanjeev SharmaSince Jul 2025
  • A.A.
    Ankit A PandeSince Jul 2025
  • V.P.
    Varun PattaniSince Jul 2025
  • A.K.
    Ayusha KumbhatSince Jul 2025

More Axis Mutual Fund

Scheme NameRatingAsset Size(Cr)1M3M6M1Y3Y
Axis Liquid Fund Regular-Growth44,865.850.531.643.386.366.93
Axis Liquid Fund Retail-Growth44,865.850.491.513.135.846.40
Axis Midcap Fund Regular-Growth33,803.000.733.939.347.1516.63
Axis ELSS Tax Saver Fund-Growth31,869.320.823.341.790.6310.34
Axis Bluechip Fund-Growth30,912.590.623.61-1.03-0.228.59
Axis Small Cap Fund Regular-Growth29,393.791.447.3813.446.6015.55
Axis Money Market Fund Regular-Growth17,972.930.621.693.366.227.26
Axis Large & Mid Cap Fund Regular-Growth16,469.270.094.025.016.0614.78
Axis Flexi Cap Fund Regular-Growth13,327.810.555.786.192.8912.48
Axis Banking & PSU Debt Fund-Growth12,270.100.512.003.225.136.91

Mutual Fund Tools

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    FAQs about Axis Nifty Next 50 Index Fund Direct-Growth

    • Is it safe to invest in Axis Nifty Next 50 Index Fund - Direct Plan?
      As per SEBI’s latest guidelines to calculate risk grades, investment in the Axis Nifty Next 50 Index Fund - Direct Plan comes under Very High risk category.
    • What is the category of Axis Nifty Next 50 Index Fund - Direct Plan?
      Axis Nifty Next 50 Index Fund - Direct Plan belongs to the Equity : Large Cap category of funds.
    • How Long should I Invest in Axis Nifty Next 50 Index Fund - Direct Plan?
      The suggested investment horizon of investing into Axis Nifty Next 50 Index Fund - Direct Plan is >3 years. The suggested investment horizon is the minimum time required for holding investments in the fund to reduce its downside risk and ensure that the returns become more predictable.
    • Who manages the Axis Nifty Next 50 Index Fund - Direct Plan?
      The Axis Nifty Next 50 Index Fund - Direct Plan is managed by Nandik Mallik (Since Mar 06, 2026) and Rohit Gautam (Since Mar 06, 2026).
    About Axis Nifty Next 50 Index Fund Direct-Growth
    1. Axis Nifty Next 50 Index Fund - Direct Plan is Open-ended Large Cap Equity scheme which belongs to Axis Mutual Fund House.
    2. The fund was launched on Jan 28, 2022.

    Investment objective & Benchmark
    1. The investment objective of the fund is that " The scheme seeks to provide returns before expenses that closely corresponds to the total returns of the NIFTY NEXT 50 subject to tracking errors. "
    2. It is benchmarked against NIFTY Next 50 Total Return Index.

    Asset Allocation & Portfolio Composition
    1. The asset allocation of the fund comprises around 99.86% in equities, 0.24% in debts and -0.1% in cash & cash equivalents.
    2. While the top 10 equity holdings constitute around 32.18% of the assets, the top 3 sectors constitute around 52.19% of the assets.
    3. The fund largely follows a Blend oriented style of investing and invests across market capitalisations - around 0.0% in giant & large cap companies, 0.0% in mid cap and 0.0% in small cap companies.

    Tax Implications on Axis Nifty Next 50 Index Fund Direct-Growth
    1. Gains are taxed at a rate of 15% (Short-term Capital Gain Tax - STCG) if units are redeemed within 1 year of investment.
    2. For units redeemed after 1 year of investment, gains of upto Rs. 1 lakh accruing from those units in a financial year shall be exempted from tax.
    3. Gains of more than Rs. 1 lakh will be taxed at a rate of 10% (Long-term Capital Gain Tax - LTCG).
    4. For Dividend Distribution Tax, the dividend income from this fund will get added to the income of an investor and taxed according to his/her respective tax slabs.
    5. Also, for dividend income in excess of Rs 5,000 in a financial year; the fund house shall deduct a TDS of 10% on such income.

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