Axis Nifty 50 Index Fund Regular Growth

• Alpha 0.00%
• Beta 0.00
• Sharpe Ratio0.64
• Std Deviation 13.08%
• Tracking Error 0.00%

To provide returns before expenses that closely corresponds to the total returns of the NIFTY 50 subject to tracking errors. However, there can be no assurance that the investment objective of the Scheme will be achieved.

The Axis Nifty 50 Index Fund Regular Growth has an AUM of 705.99 crores & has delivered CAGR of 0.00% in the last 5 years. The fund has an exit load of 0.00% and an expense ratio of 0.42%. The minimum investment in Axis Nifty 50 Index Fund Regular Growth is Rs 100 and the minimum SIP is Rs 1000.

As per morningstar the risk & return rating of the fund are Medium & Exceptional respectively.

The top holdings of the fund include Hdfc Bank, Icici Bank, Reliance Industries & Infosys.

The major sectors where the fund is invested are Regional Banks, Software & Programming, Oil & Gas Operations & Communications Services.

Some of the similar funds are ICICI Prudential Nifty Midcap 150 Index Fund Regular Growth, Motilal Oswal Nifty 50 Index Fund Regular Growth, Franklin India NSE Nifty 50 Index Fund Growth, Axis Nifty 50 Index Fund Regular Growth, Aditya Birla Sun Life Nifty India Defence Index Fund Regular Growth. Axis Nifty 50 Index Fund Regular Growth has a sharpe ratio of 0.64 & a standard deviation of 13.08%.