AXIS NIFTY NEXT 50 INDEX FUND

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

JULY 2024

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.

DATE OF ALLOTMENT 28th January 2022
MONTHLY AVERAGE258.62Cr.
AS ON 31st July, 2024271.25Cr.
BENCHMARK Nifty Next 50 TRI
TRACKING ERROR 0.24%
(As compared to Nifty Next 50 TRI)
FUND MANAGER
Mr. Karthik Kumar Work experience: 15 years.He has been managing this fund since 3rd August 2023

Mr. Sachin Relekar Work experience: 23 years.He has been managing this fund since 5th April 2024


Past performance may or may not be sustained in future.Different plans have different expense structure. Karthik Kumar is managing the scheme since 3rd August 2023 and he manages 18 schemes of Axis Mutual Fund & Sachin Relekar is managing the scheme since 5th April 2024 and he manages 5 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



Annualised tracking error is calculated based on daily rolling returns for the last 12 months.

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