Axis Nifty500 Value 50 Index Fund details, Fund Portfolio, Fund Returns, Peer Comparison, Mutual Fund Guidance @sahifund.com
Table of Contents:
- NFO Open date, Close date
- NFO Investment Strategy
- NFO Basic Details
- NFO Benchmark Index
- Past Performance of NFO Benchmark Index
- Performance Review of Fund Manager
- Should You Invest in this NFO?
- Invest Online
What is the Axis Nifty500 Value 50 Index Fund Open Date, Close Date?
NFO opens on October 04, 2024
NFO will close on October 18, 2024
What is the Investment Strategy?
The scheme seeks To provide returns before expenses that correspond to the Nifty500 Value 50 TRI subject to tracking error.
Basic Details
| Fund House |
Axis Mutual Fund |
| Issue Open |
04 October 2024 |
| Issue Close |
18 October 2024 |
| Type |
Open-ended |
| Category |
Equity: Value Oriented |
| Min. Investment(Rs) |
100 |
| Plans |
Growth |
| Lock-in Period |
NA |
| Exit Load |
0.25% for redemption within 15 days |
| Riskometer |
Very High |
| Benchmark |
Nifty 500 Value 50 TRI |
What is the Benchmark Index of Axis Nifty500 Value 50 Index Fund?
The Nifty500 Value 50 index consists of 50 companies from its parent Nifty 500 index, selected based on their ‘value’ scores. The value score for each company is determined based on Earnings to Price ratio (E/P), Book Value to Price ratio (B/P), Sales to Price ratio (S/P) and Dividend Yield.
The index can be used for a variety of purposes such as benchmarking, creation of index funds, ETFs and structured products
| Index Returns (%) |
QTD |
YTD |
1 Year |
5 Years |
Since Inception |
| Price Return |
4.73 |
35.78 |
84.01 |
34.85 |
15.13 |
| Total Return |
5.17 |
37.13 |
86.59 |
37.78 |
18.15 |
| Statistics ## |
1 Year |
5 Years |
Since Inception |
| Std. Deviation * |
25.42 |
24.83 |
26.24 |
| Beta (NIFTY 50) |
1.52 |
1.01 |
0.98 |
| Correlation (NIFTY 50) |
0.79 |
0.78 |
0.80 |
Fundamentals
| P/E |
P/B |
Dividend Yield |
| 13.09 |
1.92 |
2.87 |
Top constituents by weightage
| Company’s Name |
Weight(%) |
| Oil & Natural Gas Corporation Ltd. |
5.87 |
| NTPC Ltd. |
5.47 |
| Coal India Ltd. |
5.30 |
| Grasim Industries Ltd. |
5.08 |
| Vedanta Ltd. |
4.89 |
| Power Grid Corporation of India Ltd. |
4.88 |
| Hindalco Industries Ltd. |
4.85 |
| State Bank of India |
4.59 |
| Indian Oil Corporation Ltd. |
4.30 |
| Tata Steel Ltd. |
4.12 |
Study about Benchmark Index in details
1) Hitesh Das
Education: Mr. Das is a PGDM, M.Tech, B.Tech
Experience: Prior to joining Axis Mutual Fund, he has worked with Barclays Securities India Pvt. Ltd., Credit Suisse Securities (India) Pvt. Ltd., Ebusinessware (India) Pvt. Ltd., Yes Bank.
Past Performance of his Schemes
| Fund |
Axis Multicap Fund |
It’s Benchmark |
Axis Nifty IT Index Fund |
It’s Benchmark |
| 1 Year |
56.94 |
42.18 |
31.11 |
33.31 |
| 3 Year |
— |
— |
— |
— |
| 5 Year |
— |
— |
— |
— |
| 7 Year |
— |
— |
— |
— |
| 10 Year |
— |
— |
— |
— |
As on 28-09-2024
2) Karthik Kumar
Education: Mr. Kumar has done M.B.A, C.F.A, (USA) & B.E (Mechanical)
Experience: Prior to joining Axis Mutual Fund he has worked with SilverTree Hong Kong and Asiya Investment, Hong Kong
Past Performance of his Schemes
| Fund |
Axis Quant Fund |
It’s Benchmark |
Axis BSE Sensex ETF |
It’s Benchmark |
| 1 Year |
42.34 |
42.18 |
30.73 |
38.82 |
| 3 Year |
17.67 |
18.42 |
— |
— |
| 5 Year |
— |
— |
— |
— |
| 7 Year |
— |
— |
— |
— |
| 10 Year |
— |
— |
— |
— |
As on 28-09-2024
Which Company Owns Axis Nifty500 Value 50 Index Fund?Axis Asset Management Company Ltd.
Address: 23rd Floor, One Lodha Place, S. B. Road, Lower Parel. Mumbai – 400013
Website: http://www.axismf.com
Registrar & Transfer Agent:KFin Technologies Ltd.
Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad – 500016
Website: https://mfs.kfintech.com/mfs/
Is it good to invest in Axis Nifty500 Value 50 Index NFO?
Guidance for Axis Nifty500 Value 50 Index Fund by Paresh Gordhandas, C.A., Research Analyst.
Factor investing is a strategic approach that seeks to capitalize on the underlying drivers of market returns. By identifying and systematically targeting specific characteristics, such as quality, value, size, momentum, and low volatility, investors can construct portfolios that are more aligned with their investment objectives. Factor Investing, has a proven track record of outperforming the market across various geographies, asset classes, and economic cycles.
Value Investing is a subset of factor investing that target securities that are undervalued or less expensive. The factor ‘Value’ is one of the oldest and widely used factor globally. This has gained popularity in recent times resulting in a slew of Fund Houses launching funds based on this.
Historically Nifty500 Value 50 TR Index has outperformed the Nifty500 despite its decadal (2009-2019) underperformance and a large portion of Value portfolio tend include PSU stocks.
This scheme is suitable for experienced investors aiming to complement their portfolio with a passive investment strategy.
Invest Online
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Quicklinks
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Fund details, Fund Portfolio, Fund Returns, Peer Comparison, Mutual Fund Guidance @sahifund.com
September 28, 2024
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