Axis Nifty Next 50 Index Fund - Regular Plan - Growth

Axis Nifty Next 50 Index Fund - Regular Plan - Growth is a scheme launched by Axis Mutual Fund on January 28, 2022, and falls under the Index fund category. It currently manages an AUM of Rs 375.41 crore. The fund permits investments with a minimum SIP of Rs 100 and a lump sum of Rs 100. It charges an expense ratio of 1.02% for managing the portfolio.

• Investing Strategy:

  To provide returns before expenses that closely corresponds to the total returns of the NIFTY NEXT 50 subject to tracking errors.

• Performance:

  Axis Nifty Next 50 Index Fund - Regular Plan - Growth trailing returns over different times are -0.5% (1 year), 18.07% (3 year) and 0% (5 year). The average annual return of this fund stands at 2.79%.