Axis Nifty Next 50 Index Fund - Direct Plan - IDCW

Open Ended Schemes(Other Scheme - Index Funds)Very High Riskvs NIFTY NEXT 50ISIN INF846K010F3

NAV · 06-Jul-2026

₹17.0978

+3.48%

-2.25%

1Y (CAGR)

+1.10%

3Y (CAGR)

+16.68%

5Y (CAGR)

—

Since inception (CAGR)

+12.19%

NAV history

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Risk & SIP analytics

Q1 · TOP · 3Y in category

Volatility (3y)

18.46%

Downside dev (3y)

15.76%

Max drawdown (3y)

-26.4%

Sharpe (3y)

0.55

SIP XIRR (3y)

+7.10%

Calendar-year returns

2023 +26.6%2024 +27.7%2025 +2.7%

Vs benchmark — Nifty Next 50

3y monthly · 36 months of overlap

Beta

1.05

Alpha (p.a.)

-1.63%

Up capture

100.2%

Down capture

105.2%

Correlation

0.99

Fund facts

Fund managerNandik Malik · Rohit Gautam

AUM₹4,955 Cr

Expense ratio0.15% · 2026-05-31

TER · AMFI officialDirect 0.20% · Regular 1.09% (2026-06-30)

Launch date07-Jan-2022

Plan typeOpen Ended · Others

Min lumpsum₹100

Min SIP₹100

Lock-inNone

Volatility18.02

AMCAxis Asset Management Co. Ltd.

Objective · 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.

scheme documents ↗