FAQ : Axis Nifty 100 Index Fund - Regular Plan - Growth

Axis Nifty 100 Index Fund - Regular Plan - Growth has delivered CAGR and average rolling returns as follows :

1 Year 3 Year 5 Year 9 Year
CAGR(%) 25.18 17.06 N/A N/A
Average Rolling Returns(%) 21.29 18.68 N/A N/A

The Current NAV of Axis Nifty 100 Index Fund - Regular Plan - Growth is ₹19.23.

It is better to invest in a fund with a longer track record as Axis Nifty 100 Index Fund - Regular Plan - Growth 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 - Regular Plan - Growth fund’s expense ratio is 0.92%

The process for redemption is

  • Give a request for redemption of the number of units or the amount you want. The request will be acknowledged.
  • You will get information about the redemption and the NAV at which redeemed.
  • The amount will be deposited in the designated bank account.

The AUM of Axis Nifty 100 Index Fund - Regular Plan - Growth is currently ₹1,184 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 33% and 48% of fund’s portfolio respectively.

Top three sectors of Axis Nifty 100 Index Fund - Regular Plan - Growth 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 - Regular Plan - Growth Fund is Index Funds - Other.

Ashish Naik and Karthik Kumar manage the Axis Nifty 100 Index Fund - Regular Plan - Growth Fund.

Axis Nifty 100 Index Fund - Regular Plan - Growth current PE ratio is 36.77 and PB ratio is 6.97

The asset allocation of Axis Nifty 100 Index Fund - Regular Plan - Growth is Stocks : 99.88%, Debt : 0.07% and Gold : 0%

The minimum SIP amount for Axis Nifty 100 Index Fund - Regular Plan - Growth is ₹100.00 and minimum lumpsum is ₹100.00

The exit load for Axis Nifty 100 Index Fund - Regular Plan - Growth is Nil

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