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(%) | 31.02 | 16.68 | N/A | N/A |
Average Rolling Returns(%) | 22.09 | 18.34 | N/A | N/A |
The Current NAV of Axis Nifty 100 Index Fund - Regular Plan - Growth is ₹19.84.
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 500, as the Funds portfolio is similar to its benchmark.
Axis Nifty 100 Index Fund - Regular Plan - Growth fund’s expense ratio is 0.93%
The process for redemption is
The AUM of Axis Nifty 100 Index Fund - Regular Plan - Growth is currently ₹1,364 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 31% and 46% of fund’s portfolio respectively.
Top three sectors of Axis Nifty 100 Index Fund - Regular Plan - Growth fund are BFSI, Oil & Gas and IT accounting for 53% 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 37.99 and PB ratio is 6.97
The asset allocation of Axis Nifty 100 Index Fund - Regular Plan - Growth is Stocks : 99.85%, Debt : 0.14% 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