Axis Nifty500 Momentum 50 Index Fund(G)-Direct Plan
View the regular plan of this scheme
Rs 10.2801 0.1111(1.093 %) NAV as on 22 Apr 2025
Scheme Objective: To provide returns before expenses that correspond to the Nifty500 Momentum 50 TRI subject to tracking errors.
Performance (As on 22 Apr 2025)
6 month returns | 1 year returns | 3 year returns | 5 year returns | Returns since inception | |
---|---|---|---|---|---|
Scheme | N/A | N/A | N/A | N/A | 2.80 % |
Portfolio
Index funds aim to mimic a specific index. It could be the Nifty 50, or the Nifty Next 50, the Sensex and so on. These funds invest in the stocks that make up that index, in the exact same weights. An index fundu2019s performance moves in line with the index. However, there may be deviation in returns on account of expenses, cash kept to meet redemption requirements, and difficulty in buying and selling stocks in the index. Depending on the index, some can beat actively managed funds.
Index funds suit investors who simply want a passive strategy with no fund-management risks. Depending on the index, risk appetite required may be conservative to high. The minimum period for which these funds need to be held is 5 years.