Axis Nifty 50 ETF-Growth
NAV as of Aug 29, 2024
272.520.40%
- Growth - Regular
(Earn upto 0.00% Extra Returns with Direct Plan)
Fund Category:
Equity: Large Cap
Expense Ratio:
0.07%(0.86% Category
average)Fund Size:
Rs. 780.30 Cr(0.15% of Investment in Category)
- Invest in MFADD TO PORTFOLIO
Axis Nifty 50 ETF-Growth
NAV as of Aug 29, 2024
272.520.40%
Expense Ratio:
0.07%
Fund Size:
Rs. 780.30 Cr
Fund Category:
Equity: Large Cap
1. Current NAV: The Current Net Asset Value of the Axis Nifty 50 ETF as of Aug 29, 2024 is Rs 272.52 for Growth option of its Regular plan.
2. Returns: Its trailing returns over different time periods are: 31.2% (1yr), 15.75% (3yr), 18.99% (5yr) and 15.51% (since launch). Whereas, Category returns for the same time duration are: 42.68% (1yr), 17.97% (3yr) and 19.92% (5yr).
3. Fund Size: The Axis Nifty 50 ETF currently holds Assets under Management worth of Rs 780.3 crore as on Jul 31, 2024.
4. Expense ratio: The expense ratio of the fund is 0.07% for Regular plan as on Aug 23, 2024.
5. Exit Load: The given fund doesn't attract any Exit Load.
6. Minimum Investment: Minimum investment required is Rs 5000 and minimum additional investment is Rs 100. Minimum SIP investment is Rs 0.
Axis Nifty 50 ETF-Growth Returns
Trailing Returns
Rolling Returns
Discrete Period
SIP Returns
1M 3M 6M 1Y 3Y 5Y Annualized Returns 1.48 11.34 15.26 31.47 15.89 19.30 Category Avg 1.25 10.91 18.12 42.50 18.03 20.13 Rank within Category 51 58 102 99 58 44 No. of funds within Category 167 163 162 151 110 92 - Loading...
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Return Comparison
- This Fund
- BenchmarkNIFTY 50 Total Return Index
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- S&P BSE Sensex
- Nifty 50
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- 1Y
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Axis Nifty 50 ETF-Growth Fund Details
Investment Objective - The scheme seeks to provide returns before expenses that closely correspond to the total returns of the Nifty 50 Index subject to tracking errors.
Fund House | Axis Mutual Fund |
Launch Date | Jul 03, 2017 |
Benchmark | NIFTY 50 Total Return Index |
Return Since Launch | 15.57% |
Riskometer | Very High |
Type | Open-ended |
Risk Grade | - |
Return Grade | - |
Axis Nifty 50 ETF-Growth Investment Details
Minimum Investment (Rs.) | 5,000.00 |
Minimum Additional Investment (Rs.) | 100.00 |
Minimum SIP Investment (Rs.) | - |
Minimum Withdrawal (Rs.) | - |
Exit Load | 0% |
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 | 51 | 50 | 50 | 50 | 50 | 50 |
Top 5 Company Holdings | 38.19% | 39.04% | 38.58% | 38.91% | 39.05% | 39.4% |
Top 10 Company Holdings | 55.85% | 56.31% | 56.19% | 56.63% | 56.1% | 56.47% |
Company with Highest Exposure | HDFC Bank (11.02%) | HDFC Bank (11.94%) | HDFC Bank (11.56%) | HDFC Bank (11.47%) | HDFC Bank (11.06%) | HDFC Bank (10.93%) |
Number of Sectors | 13 | 13 | 13 | 13 | 13 | 14 |
Top 3 Sector Holdings | 59.26% | 60.22% | 59.27% | 60.09% | 59.84% | 60.4% |
Top 5 Sector Holdings | 75.83% | 75.96% | 75.26% | 75.89% | 75.54% | 75.86% |
Sector with Highest Exposure | Financial (31.3%) | Financial (33.14%) | Financial (32.77%) | Financial (33.0%) | Financial (32.02%) | Financial (30.99%) |
Top Stock Holdings
Sector Holdings in MF
Company Sector Assest(%) P/E EPS-TTM(₹) RETURN 1 YR(%) HDFC Bank Financial 11.02 18.33 89.60 3.03 Reliance Industries Energy 9.23 29.62 101.60 25.68 ICICI Bank Financial 7.74 18.67 65.91 26.26 Infosys Technology 6.1 30.19 64.20 36.38 ITC Consumer Staples 4.1 30.67 16.38 14.77 Larsen & Toubro Construction 4.04 38.01 97.11 35.47 Tata Consultancy Technology 4.02 35.07 129.55 33.64 Bharti Airtel Communication 3.58 96.92 16.46 83.10 State Bank of India Financial 3.03 10.58 77.28 41.69 Axis Bank Financial 2.99 13.64 86.50 19.85
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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 Nifty 50 ETF-Growth 272.52 Unrated 780.30 1.48 31.47 15.89 19.30 ICICI Prudential Bluechip Fund-Growth 109.47 62,717.11 1.57 41.91 21.21 22.19 ICICI Prudential BHARAT 22 FOF - Growth 34.67 1,896.50 -0.76 66.16 42.82 28.68 Quant Focused Fund-Growth 93.93 1,115.99 -0.32 47.14 22.44 25.88 JM Large Cap Fund-Growth 166.64 331.31 0.17 47.39 21.36 20.63
Risk Ratios
Ratios are calculated using the calendar month returns for the last 3 years
Standard Deviation
Standard Deviation
Standard deviation is the deviation of the fund's return around mean.
Low Volatality
12.94VS14.10Fund Vs Category Avg
Beta
Beta
Beta shows the portfolio risk in relation to the market. A beta of less than 1 means that the fund returns are less volatile compared to the broader market. A beta of more than 1 means that the fund returns are more volatile than the broader markets. A beta equal to 1 means that fund's volatility is in line with the broader market.
Moderate Volatility
0.99VS0.99Fund Vs Category Avg
Sharpe Ratio
Sharpe Ratio
Sharpe ratio is a risk adjusted performance measure. A fund with a higher Sharpe ratio is considered better than a fund with a lower Sharpe ratio.
Poor risk-adjusted returns
0.91VS0.96Fund Vs Category Avg
Treynor's Ratio
Treynor's Ratio
Treynor is a risk adjusted performance measure. A fund with a higher Treynor ratio is considered better than a fund with a lower Treynor ratio.
Poor risk-adjusted returns
11.94VS13.26Fund Vs Category Avg
Jensen's Alpha
Jensen's Alpha
Alpha shows the ability of the fund manager to outperform the market. A higher Alpha is preferred.
Poor risk-adjusted returns
-1.30VS-0.06Fund Vs Category Avg
Mean Return
Mean Return
Average return generated by the fund during a specified period.
Poor average monthly returns
17.31VS18.60Fund Vs Category Avg
Risk Ratio Chart
- Risk Ratio
- Category Average
Axis Mutual Fund News
Fund Manager
- A.N.Ashish NaikSince Jun 201716 schemes
- K.K.Karthik KumarSince Aug 202317 schemes
Mr. Naik is a B.E from Mumbai University and MBA from XLRI, Jamshedpur. Prior to joining Axis Mutual Fund he was associated with organizations such as Goldman Sachs and has over 7 years of experience as an Equity Analyst.
Scheme Name Category Nav(Rs./Unit) Scheme Rating Asset(Rs. Cr) 1Y Axis Balanced Advantage Fund Regular-Growth Dynamic Asset Allocation 20.31 2,466.12 30.19 Axis Arbitrage Fund Regular-Growth Arbitrage 17.67 5,605.02 7.54 Axis Nifty 100 Index Fund Regular-Growth Large Cap 22.21 1,650.89 35.88 Axis Regular Saver Fund Regular-Growth Conservative Hybrid 28.69 307.92 11.27 Axis ELSS Tax Saver Fund-Growth ELSS 96.14 38,278.40 36.46 Axis Bluechip Fund-Growth Large Cap 61.05 35,013.27 33.18 Axis Equity Hybrid Fund Regular-Growth Aggressive Hybrid 20.32 1,682.75 27.16 Axis Multi Asset Allocation Fund Regular-Growth Multi Asset Allocation 39.01 1,288.70 26.40 Axis Nifty Bank Index Fund Regular-Growth Sectoral-Banking 10.44 Unrated 123.11 - Axis BSE Sensex Index Fund Regular-Growth Large Cap 11.29 Unrated 44.94 - Axis BSE Sensex ETF-Growth Large Cap 83.48 Unrated 130.54 27.52 Axis Business Cycles Fund Regular-Growth Thematic 16.61 Unrated 2,919.99 39.58 Axis Quant Fund Regular-Growth Thematic 17.36 Unrated 1,166.82 40.11 Axis NIFTY India Consumption ETF-Growth Thematic-Consumption 122.85 Unrated 15.69 45.99 Axis NIFTY Bank ETF-Growth Sectoral-Banking 522.91 Unrated 270.72 15.72 Axis Innovation Fund Regular-Growth Thematic 18.38 Unrated 1,277.08 37.78 Mr. Kumar has done M.B.A, C.F.A, (USA) & B.E (Mechanical) Prior to joining Axis Mutual Fund he has worked with SilverTree Hong Kong and Asiya Investment, Hong Kong
Scheme Name Category Nav(Rs./Unit) Scheme Rating Asset(Rs. Cr) 1Y Axis Arbitrage Fund Regular-Growth Arbitrage 17.67 5,605.02 7.54 Axis Nifty 100 Index Fund Regular-Growth Large Cap 22.21 1,650.89 35.88 Axis Nifty 500 Index Fund Regular-Growth Flexi Cap 10.22 Unrated 260.93 - Axis Nifty Bank Index Fund Regular-Growth Sectoral-Banking 10.44 Unrated 123.11 - Axis Nifty IT Index Fund Regular-Growth Sectoral-Technology 14.35 Unrated 128.17 39.35 Axis BSE Sensex Index Fund Regular-Growth Large Cap 11.29 Unrated 44.94 - Axis Nifty Smallcap 50 Index Fund Regular-Growth Small Cap 19.03 Unrated 397.63 62.70 Axis Nifty Midcap 50 Index Fund Regular-Growth Mid Cap 19.66 Unrated 392.20 47.39 Axis BSE Sensex ETF-Growth Large Cap 83.48 Unrated 130.54 27.52 Axis Equity ETFs FoF Regular-Growth Flexi Cap 16.50 Unrated 22.54 39.87 Axis NIFTY Bank ETF-Growth Sectoral-Banking 522.91 Unrated 270.72 15.72 Axis NIFTY IT ETF-Growth Sectoral-Technology 451.78 Unrated 154.06 40.37 Axis NIFTY Healthcare ETF-Growth Sectoral-Pharma 145.15 Unrated 18.87 51.16 Axis NIFTY India Consumption ETF-Growth Thematic-Consumption 122.85 Unrated 15.69 45.99 Axis Nifty 50 Index Fund Regular-Growth Large Cap 14.88 Unrated 510.52 30.81 Axis Nifty Next 50 Index Fund Regular-Growth Large Cap 18.07 Unrated 271.25 67.01 Axis Quant Fund Regular-Growth Thematic 17.36 Unrated 1,166.82 40.11
More Axis Mutual Fund
Scheme Name | Rating | Asset Size(Cr) | 1M | 3M | 6M | 1Y | 3Y |
---|---|---|---|---|---|---|---|
Axis Liquid Fund Regular-Growth | 36,518.03 | 0.60 | 1.86 | 3.75 | 7.32 | 5.74 | |
Axis Liquid Fund Retail-Growth | 36,518.03 | 0.56 | 1.73 | 3.48 | 6.77 | 5.21 | |
Axis ELSS Tax Saver Fund-Growth | 34,895.64 | 5.81 | 12.73 | 16.06 | 27.56 | 11.40 | |
Axis Bluechip Fund-Growth | 32,707.97 | 4.98 | 9.60 | 14.36 | 27.98 | 11.61 | |
Axis Midcap Fund Regular-Growth | 27,747.62 | 9.18 | 24.49 | 27.86 | 46.39 | 22.03 | |
Axis Small Cap Fund Regular-Growth | 20,504.37 | 7.37 | 19.53 | 17.34 | 38.50 | 25.83 | |
Axis Banking & PSU Debt Fund-Growth | 13,660.32 | 0.57 | 1.72 | 3.51 | 6.48 | 5.17 | |
Axis Focused Fund Regular-Growth | 13,341.11 | 6.37 | 11.18 | 14.34 | 23.89 | 8.45 | |
Axis Growth Opportunities Fund Regular-Growth | 12,424.49 | 8.70 | 15.30 | 22.46 | 38.33 | 19.57 | |
Axis Flexi Cap Fund Regular-Growth | 12,011.72 | 7.46 | 16.71 | 19.31 | 33.70 | 14.52 |
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1. Axis Nifty 50 ETF is Open-ended Large Cap Equity scheme which belongs to Axis Mutual Fund House.
2. The fund was launched on Jul 03, 2017.
Investment objective & Benchmark
1. The investment objective of the fund is that " The scheme seeks to provide returns before expenses that closely correspond to the total returns of the Nifty 50 Index subject to tracking errors. "
2. It is benchmarked against NIFTY 50 Total Return Index.
Asset Allocation & Portfolio Composition
1. The asset allocation of the fund comprises around 99.68% in equities, 0.17% in debts and 0.13% in cash & cash equivalents.
2. While the top 10 equity holdings constitute around 55.85% of the assets, the top 3 sectors constitute around 59.26% of the assets.
3. The fund largely follows a Growth oriented style of investing and invests across market capitalisations - around 0.0% in giant & large cap companies, 0.0% in mid cap and 0.0% in small cap companies.
Tax Implications on Axis Nifty 50 ETF-Growth
1. Gains are taxed at a rate of 15% (Short-term Capital Gain Tax - STCG) if units are redeemed within 1 year of investment.
2. For units redeemed after 1 year of investment, gains of upto Rs. 1 lakh accruing from those units in a financial year shall be exempted from tax.
3. Gains of more than Rs. 1 lakh will be taxed at a rate of 10% (Long-term Capital Gain Tax - LTCG).
4. 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.
5. 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.
FAQs about Axis Nifty 50 ETF-Growth
- Is it safe to invest in Axis Nifty 50 ETF?As per SEBI’s latest guidelines to calculate risk grades, investment in the Axis Nifty 50 ETF comes under Very High risk category.
- What is the category of Axis Nifty 50 ETF?Axis Nifty 50 ETF belongs to the Equity : Large Cap category of funds.
- How Long should I Invest in Axis Nifty 50 ETF?The suggested investment horizon of investing into Axis Nifty 50 ETF 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 Nifty 50 ETF?The Axis Nifty 50 ETF is managed by Ashish Naik (Since Jun 13, 2017) and Karthik Kumar (Since Aug 03, 2023).
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