Axis Nifty Next 50 Index Fund Regular Growth

• Alpha 0.00%
• Beta 0.00
• Sharpe Ratio0.63
• Std Deviation 17.72%
• Tracking Error 0.00%

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

The Axis Nifty Next 50 Index Fund Regular Growth has an AUM of 375.41 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 1.01%. The minimum investment in Axis Nifty Next 50 Index Fund Regular Growth is Rs 100 and the minimum SIP is Rs 100.

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

The top holdings of the fund include Hindustan Aeronautics, Divi's Laboratories, Vedanta & TVS Motor Company.

The major sectors where the fund is invested are Electric Utilities, Biotechnology & Drugs, Consumer Financial Services & Regional Banks.

Some of the similar funds are Motilal Oswal Nifty Next 50 Index Fund Regular Growth, Aditya Birla Sun Life Nifty Midcap 150 Index Fund Regular Growth, Axis Nifty Next 50 Index Fund Regular Growth, HDFC Nifty 100 Index Fund Regular Growth, Edelweiss Nifty500 Multicap Momentum Quality 50 Index Fund Regular Growth. Axis Nifty Next 50 Index Fund Regular Growth has a sharpe ratio of 0.63 & a standard deviation of 17.72%.