December 12, 2023
mayank
Axis NASDAQ 100 FoF details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
Current NAV:
NAV Growth: Rs 14.3947
NAV IDCW: Rs 14.3947
Suitable For Which Investors?
This is a fund that invests mainly in shares of foreign companies. When you invest for five years or more, you can expect gains that beat the inflation rate as well as returns from fixed income options. But be prepared for ups and downs in your investment value along the way.
International equity funds are suitable to invest a part of your money in for diversification, so that if the Indian markets are going through a sharp correction, a portion of your money is insulated. But make sure you invest in a fund that has a broad mandate of investing in companies of different sizes, sectors and countries.
Like for all equity funds, you must invest only through the SIP route.
Fund’s Investment Strategy:
The scheme seeks to replicate the performance of the Nasdaq 100 TRI by investing ETFs whose primary objective is to track/replicate the performance of the Nasdaq 100 TRI, subject to tracking errors.
Fund Manager:
1) Vinayak Jayanath
Education: Nil
Experience: Nil
Investment Details
| Min. Investment (Rs) | 100 |
| Min. Addl Investment (Rs) | 100 |
| Min. SIP Investment (Rs) | 100 |
| Min. Withdrawal (Rs) | — |
| Min. No of Cheques | 6 |
| Min. Balance (Rs) | — |
| Lock-in Period | NA |
| Exit Load | 1% for redemption Within 7 days |
Basic Details of Axis NASDAQ 100 FoF
| Fund House | Axis Mutual Fund |
| Launch Date | 01-Nov-22 |
| Return Since Launch | 38.86% |
| Benchmark | Nasdaq 100 TRI |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 132 Cr |
| (As on 30-Nov-2023) | |
| Expense | 0.22% |
| (As on 31-Oct-2023) | |
| Risk Grade | — |
| Return Grade | — |
| Turnover | — |
Trailing Returns (%)
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Axis NASDAQ 100 FoF Dir | 47.62 | 0.47 | 4.86 | 5.45 | 11.93 | 38.18 | — | — | — | — |
| S&P BSE 500 TRI | 22.26 | 0.36 | 8.79 | 6.35 | 18.53 | 19.33 | — | — | — | — |
Peer Comparison of Axis NASDAQ 100 FoF
| Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | Turnover (%) | |
| Axis NASDAQ 100 FoF Dir | Unrated | 38.18 | — | — | 0.22 | 132 | 38.86 | 1.00 (7) | 1Y 1M | — |
| Motilal Oswal Nasdaq 100 FOF Dir | Unrated | 37.95 | 12.93 | 22.09 | 0.18 | 4,235 | 22.53 | 1.00 (15) | 5Y | — |
| Franklin Ind Feeder Franklin US Opp Dir | Unrated | 30.94 | 5.42 | 15.71 | 0.52 | 3,214 | 16.54 | 1.00 (365) | 10Y 11M | 2.44 |
| Motilal Oswal S&P 500 Index Dir | Unrated | 18.91 | 12.98 | — | 0.55 | 2,887 | 17.06 | 1.00 (7) | 3Y 7M | 10.00 |
| ICICI Pru US Bluechip Eqt Dir | Unrated | 23.69 | 13.44 | 16.93 | 1.12 | 2,807 | 16.72 | 1.00 (30) | 10Y 11M | 91.00 |
How to Invest in Axis NASDAQ 100 FoF?
Chanakya’s Mutual Fund Guidance For Axis NASDAQ 100 FoF
Do not invest in this, or any other international equity fund, if you need to redeem your investment in less than five years.
Apply Online: https://www.axismf.com/mutual-funds
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