AXIS NIFTY NEXT 50 INDEX FUND

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

MARCH 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 AVERAGE132.31Cr.
AS ON 31st March, 2024135.86Cr.
BENCHMARK Nifty Next 50 TRI
TRACKING ERROR 0.12%
(As compared to Nifty Next 50 TRI)
FUND MANAGER
Mr. Shreyash Devalkar^ Work experience: 19 years.He has been managing this fund since 4th August 2023

Mr. Karthik Kumar Work experience: 14 years.He has been managing this fund since 3rd August 2023

^With effect from Apr 05, 2024, the Fund Manager of the fund has been changed to Sachin Relekar


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 15 schemes of Axis Mutual Fund & Shreyash Devalkar is managing the scheme since 4th August 2023 and he manages 15 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



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