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Axis Nifty Next 50 Index Fund Direct Growth INF846K019E7

NAV / 1-Day Return
16.53 / -1.51%
Total Assets
3.6 Bil
Inception Date
Jan 28, 2022
Expense Ratio
0.150%
Fee Level
Load
Deferred
Category
India Fund Index Funds
Investment Style
Large Growth
Minimum Initial Investment
100
Status
Open
TTM Yield
0.00%
Turnover
39.02%

Morningstar’s Analysis

Non Rateable Category Fund

This share class category is not eligible for a Morningstar Medalist Rating. Rated on May 31, 2025

Growth of 10,000

A chart contrasting Fund Growth of 10k over 10 years versus Category and Index
Manager Change : Full Partial

Returns

Growth of 10K component includes four parts: Growth of 10K chart, Manager Change, Fund Flows, and Annual Return table.
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
YTD
Investment
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
26.62
27.71
-0.96
Category
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Index
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Quartile Rank
Percentile Rank
# of Invest. in Cat.
Category Name
IN060 India Fund Index Funds
IN060 India Fund Index Funds
IN060 India Fund Index Funds
IN060 India Fund Index Funds


Asset Allocation

Asset Class Net Short Long Cat. Index
Equity 99.82 0.00 99.82 99.75
Fixed Income 0.00 0.00 0.00 0.00
Preferred 0.00 0.00 0.00 0.00
Convertible 0.00 0.00 0.00 0.00
Cash 0.18 0.04 0.22 0.34
Other 0.00 0.00 0.00 0.04

Stock Style

People

Inception Date
Jan 28, 2022
Number of Managers
1
Longest Tenure
1.9 Years
Average Tenure
1.9 Years
Advisor(s)
Axis Asset Management Company Limited

Management Team

Aug 03, 2023 –Present

Manager Timeline

  • Male
  • Female
  • Non-Binary
  • Not Disclosed
  • Not Available

Morningstar Risk & Return

Risk vs. Category
Return vs. Category

Holdings

Portfolio Holdings
# Long
# Short
Equity Holding
50 0
Bond Holding
0 0
Other Holding
1 1
Total Holding
51 1
Equity Holdings
50
Bond Holdings
0
Other Holdings
1
Total Holdings
51
% Assets in Top 10 Holdings
33
Reported Turnover %
39.02
As of 03 / 31 / 24
Women Directors %
18
Women Executives %
7
Holdings
% Portfolio Weight
First Bought
Market Value as of Jun 30, 2025
Cur Currency
Share Change %
1-Year Return
Forward P/E
Equity Star Rating
Economic Moat
ESG Risk Rating Assessment
Sector
4.92 Jan 31, 2022 175,643,360
INR Indian Rupee
30.93 Industrials
3.88 Sep 30, 2022 138,497,110
INR Indian Rupee
-4.93 Industrials
3.63 Sep 30, 2024 129,509,880
INR Indian Rupee
46.83 Healthcare
3.28 Jan 31, 2022 117,065,580
INR Indian Rupee
11.83 Basic Materials
2.89 Mar 31, 2025 103,328,660
INR Indian Rupee
-2.79 Consumer Defensive
2.88 Jan 31, 2022 102,664,940
INR Indian Rupee
10.42 Financial Services
2.87 Sep 30, 2023 102,626,060
INR Indian Rupee
13.69 41.15 Consumer Cyclical
2.86 Aug 31, 2022 101,954,460
INR Indian Rupee
-5.85 Utilities
2.80 Mar 31, 2025 99,980,970
INR Indian Rupee
19.94 Consumer Cyclical
2.70 Mar 31, 2025 96,353,470
INR Indian Rupee
6.84 Energy
Holdings as of Jun 30, 2025 | The top 51 largest holdings are available for display across Equity, Bond and Other.


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