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Axis Nifty 100 Index Fund - Direct Plan


Analyst's Choice?

Suitability:

When you invest for five years or above, you can expect gains that comfortably beat the inflation rate and are also higher than fixed income options. But be prepared for ups and downs in your investment value along the way.

This is a fund that invests in big companies. Compared to those that invest in smaller companies, such funds tend to fall less when stock prices fall. Therefore, they are more suited to conservative equity investors.

Like all equity funds, you must invest only through the SIP route. Click here to read a primer on SIP investing.

Warning: Do not invest in this, or any other large cap fund, if you need to redeem your investment in less than five years.

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 1 year from the date of investment, gains upto Rs 1 lakh in a financial year are exempt from tax. Gains over Rs 1 lakh are taxed at the rate of 10%.
  • If the mutual units are sold within 1 year from the date of investment, entire amount of gain is taxed at the rate of 15%.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends paid by the mutual fund scheme are taxed at the rate of 10% (effectively 11.648%, including surcharge and cess). This is known as Dividend Distribution Tax (DDT). Though the investor does not pay this tax directly, it is deducted from the dividend income before passing on to the investor.

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(₹)
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Trailing Returns (%)

YTD 1 Month 3 Months 1 Years 3 Years 5 Years 10 Years
Fund -- 1.67 -- -- -- -- --
S&P BSE 100 TRI -- 1.77 -- -- -- -- --
Equity: Large Cap -- 1.34 -- -- -- -- --
Rank within category -- 36 -- -- -- -- --
Number of funds in category 58 63 62 58 50 49 0

As on 13-Dec-2019

Best & Worst Performance

Best (Period) Worst (Period)
Month -- ( - ) -- ( - )
Quarter -- ( - ) -- ( - )
Year -- ( - ) -- ( - )

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund -- -- -- -- -- --
S&P BSE 100 TRI* 14.10 12.49 0.67 1.08 -- --
Equity: Large Cap* 13.43 12.59 0.61 0.97 0.94 -2.22
Rank within category -- -- -- -- -- --
Number of funds in category -- -- -- -- -- --

The Risk Measures have been calculated using calendar month returns for the last three years.

As on

* As on 30-Nov-2019

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 101
Top 10 Stocks (%) 53.38
Top 5 Stocks (%) 36.28
Top 3 Sectors (%) 65.66
Portfolio P/B Ratio 2.93
Portfolio P/E Ratio 31.64

Portfolio Aggregates

Fund Benchmark Category
Average Mkt Cap (Rs Cr) 2,19,665 3,35,921 2,12,071
Giant (%) 72.88 72.76 67.69
Large (%) 22.62 19.97 23.49
Mid (%) 4.43 7.20 8.40
Small (%) 0.06 0.06 1.33
Tiny (%) -- -- --

Value Research Fund Style

Sector Allocation vis-à-vis Benchmark

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Top Holdings

Company Sector P/E 3Y High 3Y Low % Assets
down HDFC Bank Financial 29.57 9.68 9.36 9.68
down Reliance Industries Energy 23.90 9.22 8.72 9.22
down HDFC Financial 33.50 7.02 6.51 7.02
down ICICI Bank Financial 67.66 5.85 5.29 5.85
down Infosys Technology 19.54 4.51 4.44 4.51
down Kotak Mahindra Bank Financial 39.32 3.80 3.71 3.80
down Tata Consultancy Services Technology 23.99 4.18 3.78 3.78
down ITC FMCG 21.38 3.91 3.73 3.73
down Axis Bank Financial 47.71 2.93 2.92 2.93
down Larsen & Toubro Construction 19.37 3.17 2.86 2.86
down Hindustan Unilever FMCG 65.92 2.74 2.56 2.56
down State Bank of India Financial 29.35 2.28 2.09 2.28
down Bajaj Finance Financial 49.61 1.70 1.68 1.70
down Maruti Suzuki India Automobile 35.88 1.75 1.68 1.68
down Indusind Bank Financial 24.77 1.66 1.40 1.66
down Bharti Airtel Communication 1.49 1.26 1.49
down Asian Paints Chemicals 64.65 1.44 1.35 1.35
down HCL Technologies Technology 14.61 1.11 1.08 1.08
down Bajaj Finserv Financial 39.25 0.98 0.87 0.98
down Mahindra & Mahindra Automobile 11.77 1.03 0.90 0.90
down Nestle India FMCG 75.07 0.93 0.90 0.90
down NTPC Energy 9.75 0.93 0.88 0.88
down Sun Pharmaceutical Inds. Healthcare 24.31 0.87 0.84 0.87
down Titan Company Cons Durable 73.35 0.97 0.84 0.84
down Tech Mahindra Technology 16.63 0.82 0.80 0.82

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 30-Nov-2019

Fund Manager

— Ashish Naik since 27-Sep-2019

Education: Mr. Naik is a B.E from Mumbai University and MBA from XLRI, Jamshedpur.

Experience: 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.

Funds Managed:


0.98%

Change from previous, NAV as on 13-Dec-2019

Growth: ₹ 10.3200

Dividend: ₹ 10.3200


Investment Strategy

The scheme seeks to provide returns before expenses that closely corresponds to the total returns of the NIFTY 100 subject to tracking errors.

Investment Details

Minimum Investment (₹) 500
Minimum Addl Investment (₹) 500
Minimum SIP Investment (₹) 500
Minimum No of Cheques 6
Minimum Withdrawal (₹) --
Minimum Balance (₹) 500
Exit Load 1% for redemption within 7 days

Basic Details

Fund House: Axis Mutual Fund
Launch Date: 18-Oct-2019
Benchmark: NIFTY 100 TRI
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 411 Cr (As on 30-Nov-2019)
Expense: -- (As on )
Risk Grade: --
Return Grade: --
Turnover: --

News & Analysis

Contact Information

AMC: Axis Asset Management Company Ltd.

Address: "Axis House" - 1st Floor, C-2 - Wadia International Centre, Pandurang Budhkar Marg , Worli, Mumbai - 400025

Phone: 022-24255161

Fax: 022-43255199

Email: [email protected] / [email protected]

Website: www.axismf.com

Registrar & Transfer Agent: KFin Technologies Pvt Ltd.

Address: Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills, Hyderabad - 500034

Phone: 040-23312454

Email: [email protected]

Website: www.karvymfs.com

Upcoming Video

Investors' Hangout

Why you should ditch dividend plans

dateFriday, 20-Dec-2019
time12:30 PM - 01:00 PM