AXIS NIFTY 50 INDEX FUND

(An Open Ended Index Fund tracking the NIFTY 50 Index)

JANUARY 2023

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

DATE OF ALLOTMENT 3rd December 2021
MONTHLY AVERAGE197.27Cr.
AS ON 31st January, 2023202.03Cr.
BENCHMARK Nifty 50 TRI
TRACKING ERROR 0.36%
(As compared to NIFTY 50 TRI)
FUND MANAGER Mr. Jinesh Gopani
Work experience: 21 years.He has been managing this fund since 3rd December 2021

Past performance may or may not be sustained in future. Different plans have different expense structure. Jinesh Gopani is managing the scheme since 3rd December 2021 and he manages 14 schemes of Axis Mutual Fund . Please refer to annexure for performance of all schemes managed by the fund manager.Face Value per unit : ₹10.


Entry Load : NA
Exit Load : Nil



Since the fund has not completed 1-year annualized tracking error is taken from the launch date of the scheme. The tracking error may look optically elevated on account of deployment during the first few days of the scheme. This effect is transitionary in nature and normalizes as the fund completes 1 year since fund launch.

Please click here for NAV, TER, Riskometer & Statutory Details.