Axis Nifty 100 Index Fund - Regular Plan - Growth Option

Axis Nifty 100 Index Fund - Regular Plan - Growth Option is a fund scheme from Axis mutual fund. It falls under a Index category. After being launched on 2019-10-18. Axis Nifty 100 Index Fund - Regular Plan - Growth Option has achieved Rs 1680.51 Crores worth of assets under management (AUM). It allows minimum SIP of Rs 100 and lumpsum of Rs 100 to start the investment. The expense ratio of this fund is 0.92%.

• Investing Strategy:

  To provide returns before expenses that closely corresponds to the total returns of the NIFTY 100 subject to tracking errors.

• Performance:

  Axis Nifty 100 Index Fund - Regular Plan - Growth Option trailing returns over different times are 6.2% (1 year), 12.62% (3 year), 19.86% (5 year). The average annual return of this fund stands at 6.2%

• Fund Manager & Portfolio Allocation:

  Ashish Naik, Karthik Kumar are the current fund managers of this mutual fund. The fund has a majority of its money invested in the top 5 sectors such as Financial Services, Technology, Consumer Cyclical, Energy, Consumer Defensive, Sectors. First five holdings of this fund are HDFC Bank Ltd, ICICI Bank Ltd, Reliance Industries Ltd, Infosys Ltd, Bharti Airtel Ltd, Clearing Corporation Of India Ltd, Net Receivables / (Payables) Companies.