Axis NASDAQ 100 FoF Direct-Growth
NAV as of Aug 29, 2024
17.561.25%
- Growth - Direct
(Earn upto 0.44% Extra Returns with Direct Plan)
Fund Category:
Equity: International
Expense Ratio:
0.24%(0.73% Category
average)Fund Size:
Rs. 171.86 Cr(0.41% of Investment in Category)
- Invest in MFADD TO PORTFOLIO
Axis NASDAQ 100 FoF Direct-Growth
NAV as of Aug 29, 2024
17.561.25%
Expense Ratio:
0.24%
Fund Size:
Rs. 171.86 Cr
Fund Category:
Equity: International
1. Current NAV: The Current Net Asset Value of the Axis NASDAQ 100 FoF - Direct Plan as of Aug 29, 2024 is Rs 17.56 for Growth option of its Direct plan.
2. Returns: Its trailing returns over different time periods are: 31.66% (1yr) and 35.23% (since launch). Whereas, Category returns for the same time duration are: 20.39% (1yr), 4.57% (3yr) and 10.26% (5yr).
3. Fund Size: The Axis NASDAQ 100 FoF - Direct Plan currently holds Assets under Management worth of Rs 171.86 crore as on Jul 31, 2024.
4. Expense ratio: The expense ratio of the fund is 0.24% for Direct plan as on Aug 23, 2024.
5. Exit Load: Axis NASDAQ 100 FoF - Direct Plan shall attract an Exit Load, "Exit load of 1%, if redeemed within 7 days"
6. Minimum Investment: Minimum investment required is Rs 100 and minimum additional investment is Rs 100. Minimum SIP investment is Rs 100.
Axis NASDAQ 100 FoF Direct-Growth Returns
Trailing Returns
Rolling Returns
Discrete Period
SIP Returns
1M 3M 6M 1Y 3Y 5Y Annualized Returns 3.29 5.09 10.53 29.42 - - Category Avg 2.97 3.98 9.25 18.76 4.52 10.00 Rank within Category 25 24 22 13 - - No. of funds within Category 65 65 65 64 46 30 - Loading...
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Axis NASDAQ 100 FoF Direct-Growth Fund Details
Investment Objective - The scheme seeks to replicate the performance of the Nasdaq 100 TRI by investing ETFs whose primary objective is to track/replicate the performance of the Nasdaq 100 TRI, subject to tracking errors.
Fund House | Axis Mutual Fund |
Launch Date | Nov 01, 2022 |
Benchmark | Nasdaq 100 Total Return Index |
Return Since Launch | 36.09% |
Riskometer | Very High |
Type | Open-ended |
Risk Grade | - |
Return Grade | - |
Axis NASDAQ 100 FoF Direct-Growth Investment Details
Minimum Investment (Rs.) | 100.00 |
Minimum Additional Investment (Rs.) | 100.00 |
Minimum SIP Investment (Rs.) | 100.00 |
Minimum Withdrawal (Rs.) | - |
Exit Load Exit load of 1%, if redeemed within 7 days |
Portfolio Allocation
Asset Allocation
Asset Allocation History
Sector Allocation
Market Cap Allocation
Concentration & Valuation Analysis
JUL 2024 | JUN 2024 | MAY 2024 | APR 2024 | MAR 2024 | FEB 2024 | |
---|---|---|---|---|---|---|
Number of Holdings | 1 | 1 | 1 | 1 | 1 | 1 |
Top 5 Company Holdings | 97.44% | 97.61% | 97.79% | 97.79% | 96.4% | 97.01% |
Top 10 Company Holdings | 97.44% | 97.61% | 97.79% | 97.79% | 96.4% | 97.01% |
Company with Highest Exposure | IShares NASDAQ 100 UCITS ETF (97.44%) | IShares NASDAQ 100 UCITS ETF (97.61%) | IShares NASDAQ 100 UCITS ETF (97.79%) | IShares NASDAQ 100 UCITS ETF (97.79%) | IShares NASDAQ 100 UCITS ETF (96.4%) | IShares NASDAQ 100 UCITS ETF (97.01%) |
Number of Sectors | - | - | - | - | - | - |
Top 3 Sector Holdings | - | - | - | - | - | - |
Top 5 Sector Holdings | - | - | - | - | - | - |
Sector with Highest Exposure | - | - | - | - | - | - |
Top Stock Holdings
Sector Holdings in MF
Company Sector Assest(%) P/E EPS-TTM(₹) RETURN 1 YR(%) IShares NASDAQ 100 UCITS ETF Financial 97.44 - - -
![Discover Mutual Funds](/https/economictimes.indiatimes.com/photo/msid-100097201,quality-100/discover-mf.jpg)
Peer Comparison
Cumulative Returns
SIP returns
Discrete Returns
Quant Measures
Asset Allocation
Scheme Name NAV(Rs./Unit) Scheme Rating AUM(Rs. Cr) 1M 1Y 3Y 5Y Axis NASDAQ 100 FoF Direct-Growth 17.56 Unrated 171.86 1.37 27.83 - - Nippon India US Equity Opportunities Fund Direct-Growth 34.92 Unrated 676.16 1.47 24.44 9.27 15.71 Bandhan US Equity FoF Direct-Growth 14.54 Unrated 304.51 3.30 32.49 12.96 - Motilal Oswal Developed Market Ex US ETFs FoF Direct - Growth 12.08 Unrated 33.44 3.13 - - - Edelweiss Greater China Equity Off-shore Fund Direct-Growth 37.37 Unrated 1,225.32 0.79 -3.27 -11.60 4.47
Risk Ratios
Ratios are calculated using the calendar month returns for the last 3 years
Risk Ratio data not available for this fund
Axis Mutual Fund News
Fund Manager
- K.N.Krishnaa NarayanSince Mar 20244 schemes
She is a Chartered Accountant Prior to joining Axis Mutual Fund, she has worked with Price Waterhouse Coopers
Scheme Name Category Nav(Rs./Unit) Scheme Rating Asset(Rs. Cr) 1Y Axis US Treasury Dynamic Bond ETF FoF Direct-Growth Others 10.44 Unrated 94.71 - Axis Global Innovation FoF Direct-Growth International 13.16 Unrated 534.13 29.91 Axis Global Equity Alpha FoF Direct-Growth International 17.51 Unrated 856.60 24.83 Axis Greater China Equity FoF Direct-Growth International 7.00 Unrated 206.27 -0.71
More Axis Mutual Fund
Scheme Name | Rating | Asset Size(Cr) | 1M | 3M | 6M | 1Y | 3Y |
---|---|---|---|---|---|---|---|
Axis Liquid Direct Fund-Growth | 36,518.03 | 0.61 | 1.88 | 3.78 | 7.38 | 5.81 | |
Axis ELSS Tax Saver Direct Plan-Growth | 34,895.64 | 5.88 | 12.94 | 16.49 | 28.53 | 12.29 | |
Axis Bluechip Fund Direct Plan-Growth | 32,707.97 | 5.07 | 9.84 | 14.88 | 29.15 | 12.76 | |
Axis Midcap Direct Plan-Growth | 27,747.62 | 9.28 | 24.82 | 28.54 | 47.94 | 23.49 | |
Axis Small Cap Fund Direct-Growth | 20,504.37 | 7.47 | 19.86 | 18.00 | 40.03 | 27.49 | |
Axis Banking & PSU Debt Direct Plan-Growth | 13,660.32 | 0.59 | 1.79 | 3.66 | 6.78 | 5.48 | |
Axis Focused Direct Plan-Growth | 13,341.11 | 6.47 | 11.45 | 14.90 | 25.08 | 9.58 | |
Axis Growth Opportunities Fund Direct-Growth | 12,424.49 | 8.81 | 15.61 | 23.14 | 39.92 | 21.13 | |
Axis Flexi Cap Fund Direct-Growth | 12,011.72 | 7.54 | 17.00 | 19.90 | 35.02 | 15.80 | |
Axis Overnight Fund Direct-Growth | 9,383.44 | 0.56 | 1.67 | 3.37 | 6.84 | 5.45 |
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1. Axis NASDAQ 100 FoF - Direct Plan is Open-ended International Equity scheme which belongs to Axis Mutual Fund House.
2. The fund was launched on Nov 01, 2022.
Investment objective & Benchmark
1. The investment objective of the fund is that " The scheme seeks to replicate the performance of the Nasdaq 100 TRI by investing ETFs whose primary objective is to track/replicate the performance of the Nasdaq 100 TRI, subject to tracking errors. "
2. It is benchmarked against Nasdaq 100 Total Return Index.
Asset Allocation & Portfolio Composition
1. The asset allocation of the fund comprises around 97.44% in equities, 2.89% in debts and -0.33% in cash & cash equivalents.
2. The top holding of the fund is IShares NASDAQ 100 UCITS ETF which constitute around 97.44% of the assets.
Tax Implications on Axis NASDAQ 100 FoF Direct-Growth
1. If units are redeemed within 3 years of investment, the whole amount of gain will get added to the investor's income and will be taxed as per his/her applicable slab rate.
2. For units redeemed after 3 years of investment, gains will be taxed at a rate of 20% post indexation benefits. Indexation is a process of recalculating the purchase price after accounting for inflation into it. The benefit of indexation lies in lowering down one's capital gains which brings down the taxable income and thereby reduces taxes on it.
3. For Dividend Distribution Tax, the dividend income from this fund will get added to the income of an investor and taxed according to his/her respective tax slabs.
4. Also, for dividend income in excess of Rs 5,000 in a financial year; the fund house shall deduct a TDS of 10% on such income.
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FAQs about Axis NASDAQ 100 FoF Direct-Growth
- Is it safe to invest in Axis NASDAQ 100 FoF - Direct Plan?As per SEBI’s latest guidelines to calculate risk grades, investment in the Axis NASDAQ 100 FoF - Direct Plan comes under Very High risk category.
- What is the category of Axis NASDAQ 100 FoF - Direct Plan?Axis NASDAQ 100 FoF - Direct Plan belongs to the Equity : International category of funds.
- How Long should I Invest in Axis NASDAQ 100 FoF - Direct Plan?The suggested investment horizon of investing into Axis NASDAQ 100 FoF - Direct Plan is >3 years. The suggested investment horizon is the minimum time required for holding investments in the fund to reduce its downside risk and ensure that the returns become more predictable.
- Who manages the Axis NASDAQ 100 FoF - Direct Plan?The Axis NASDAQ 100 FoF - Direct Plan is managed by Krishnaa Narayan (Since Mar 01, 2024).
Date Sources: Mutual Funds, ETFs, and NPS data are sourced from Value Research. All times stamps are reflecting IST (Indian Standard Time). By using this site, you agree to the Terms of Service and Privacy Policy.