Axis Nifty 100 Index Fund - Growth - Direct Plan has delivered CAGR and average rolling returns as follows :
1 Year | 3 Year | 5 Year | 9 Year | |
CAGR(%) | 34.38 | 16.7 | N/A | N/A |
Average Rolling Returns(%) | 22.85 | 19.47 | N/A | N/A |
The Current NAV of Axis Nifty 100 Index Fund - Growth - Direct Plan is ₹20.44.
It is better to invest in a fund with a longer track record as Axis Nifty 100 Index Fund - Growth - Direct Plan cannot be assessed for consistency of out-performance. However, funds returns unlikely to be different than its benchmark NIFTY 100, as the Funds portfolio is similar to its benchmark.
Axis Nifty 100 Index Fund - Growth - Direct Plan fund’s expense ratio is 0.22%
The process for redemption is
The AUM of Axis Nifty 100 Index Fund - Growth - Direct Plan is currently ₹1,310 Crores.
The Top three stocks are HDFC Bank, Reliance Industries and ICICI Bank and account for 24% of its portfolio. Top 5 and 10 stocks of fund account for 32% and 45% of fund’s portfolio respectively.
Top three sectors of Axis Nifty 100 Index Fund - Growth - Direct Plan fund are BFSI, IT and Oil & Gas accounting for 54% of the total portfolio.
Funds Portfolio Quality is Very Good. It has a large proportion of Green Stocks.Since this is a Index Funds - Other it is comparatively safer to invest in this fund. However, since it has not consistently outperformed its benchmark index on an average 3-year rolling returns basis it is not the most suitable fund for SIP.
The category of Axis Nifty 100 Index Fund - Growth - Direct Plan Fund is Index Funds - Other.
Ashish Naik manages the Axis Nifty 100 Index Fund - Growth - Direct Plan Fund.
Axis Nifty 100 Index Fund - Growth - Direct Plan current PE ratio is 38.63 and PB ratio is 7.12
The asset allocation of Axis Nifty 100 Index Fund - Growth - Direct Plan is Stocks : 99.54%, Debt : 0.53% and Gold : 0%
The minimum SIP amount for Axis Nifty 100 Index Fund - Growth - Direct Plan is ₹100.00 and minimum lumpsum is ₹100.00
The exit load for Axis Nifty 100 Index Fund - Growth - Direct Plan is Nil