Axis S&P BSE Sensex Index Fund - Growth - Direct Plan has delivered CAGR and average rolling returns as follows :
1 Year | 3 Year | 5 Year | 9 Year | |
CAGR(%) | N/A | N/A | N/A | N/A |
Average Rolling Returns(%) | N/A | N/A | N/A | N/A |
The Current NAV of Axis S&P BSE Sensex Index Fund - Growth - Direct Plan is ₹10.16.
It is better to invest in a fund with a longer track record as Axis S&P BSE Sensex Index Fund - Growth - Direct Plan cannot be assessed for consistency of out-performance. However, funds returns unlikely to be different than its benchmark S&P BSE SENSEX, as the Funds portfolio is similar to its benchmark.
Axis S&P BSE Sensex Index Fund - Growth - Direct Plan fund’s expense ratio is 0.20%
The process for redemption is
The AUM of Axis S&P BSE Sensex Index Fund - Growth - Direct Plan is currently ₹51 Crores.
The Top three stocks are HDFC Bank, Reliance Industries and ICICI Bank and account for 35% of its portfolio. Top 5 and 10 stocks of fund account for 46% and 66% of fund’s portfolio respectively.
Top three sectors of Axis S&P BSE Sensex Index Fund - Growth - Direct Plan fund are BFSI, IT and Oil & Gas accounting for 64% of the total portfolio.
Since this is a Index Funds - Sensex 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 S&P BSE Sensex Index Fund - Growth - Direct Plan Fund is Index Funds - Sensex.
Karthik Kumar and Ashish Naik manage the Axis S&P BSE Sensex Index Fund - Growth - Direct Plan Fund.
Axis S&P BSE Sensex Index Fund - Growth - Direct Plan current PE ratio is 29.88 and PB ratio is 6.07
The asset allocation of Axis S&P BSE Sensex Index Fund - Growth - Direct Plan is Stocks : 99.40%, Debt : 0.61% and Gold : 0%
The minimum SIP amount for Axis S&P BSE Sensex Index Fund - Growth - Direct Plan is ₹100.00 and minimum lumpsum is ₹500.00
The exit load for Axis S&P BSE Sensex Index Fund - Growth - Direct Plan is 0.25% on or before 7 days, Nil after 7 days