AXIS NASDAQ 100 Fund of Fund - Direct (IDCW)


FoFs Overseas
  • NAV 18.22 (0.58%)
  • Fund Size (Cr) ₹178.75
  • Expense Ratio 0.22
  • Scheme Type Active Fund
  • Value Research Stars
  • Minimum investment ₹100
  • Minimum Additional Investment ₹100
  • Minimum SIP Investment ₹100
  • Minimum Withdrawal ₹0
  • Exit Load 1%
  • Return Since Launch 42.45%

Basic Details

Scheme Manager
Krishnaa N
Bench Mark
NASDAQ - 100 TRI
Type
OPEN

Lumpsum Returns

  • Period Invested For
  • ₹10000 Invested on
  • Latest Value
  • Absolute Returns
  • Annualised Returns
  • Category Avg
  • Rank within Category
  • 1 Week
  • 05-Jul-24
  • 10056.52
  • 0.57%
  • -
  • 1.60%
  • 139/193
  • 1 Month
  • 12-Jun-24
  • 10471.54
  • 4.72%
  • -
  • 3.21%
  • 51/193
  • 3 Month
  • 12-Apr-24
  • 11292.71
  • 12.93%
  • -
  • 6.53%
  • 12/193
  • 6 Month
  • 12-Jan-24
  • 12183.49
  • 21.83%
  • -
  • 12.36%
  • 27/189
  • 1 Year
  • 12-Jul-23
  • 13506.97
  • 35.07%
  • 35.07%
  • 17.65%
  • 23/175
  • 3 Year
  • -
  • -
  • -
  • -
  • -
  • -/-
  • 5 Year
  • -
  • -
  • -
  • -
  • -
  • -/-
  • Since Inception
  • 01-Nov-22
  • 18220.9
  • 82.21%
  • 42.45%
  • 8.44%
  • 2/193

Note: Lumpsum Returns since Inception Date.

SIP Returns

  • Period Invested For
  • ₹10000 Invested on
  • Investments
  • Latest Value
  • Absolute Returns
  • Annualised Returns
  • 1 Year
  • 01-Aug-23
  • 120000
  • 147317.77
  • 22.76%
  • 22.76%
  • 3 Year
  • -
  • -
  • -
  • -
  • -
  • 5 Year
  • -
  • -
  • -
  • -
  • -
  • 10 Year
  • -
  • -
  • -
  • -
  • -

Note: SIP Returns since Inception Date.

Tax Treatment

If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh. Any cess/surcharge is not included.If sold before 1 year from purchase date, short term capital gain tax will be applicable. Current tax rate is 15%. Any cess/surcharge is not included in the 15%.

Mutual Funds Calculator

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  • Estimated Returns

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Risk Ratios

  • Standard Deviation
    4.62%
  • Beta
    0.72%
  • Sharpe Ratio
    1.62%
  • Treynor’s Ratio
    0.47%
  • Jension’s Alpha
    22.81%

Asset Allocation

There is no Asset Allocation data.

Sector Allocation

There is no Sector Allocation data.

Top 10 stock holding in portfolio

  • Stock Invested in
  • % of Total Holdings
  • Quantity
  • Value (Cr)
  • Asset Type
  • Segment
  • C C I
  • 1.66%
  • 0
  • 2.96
  • Reverse Repo
  • Debt Others
  • Net CA & Others
  • 0.73%
  • 0
  • 1.31
  • Net CA & Others
  • Debt Others
  • iShares VII PLC - iShares NASDAQ 100 UCITS ETF
  • 97.61%
  • 18428
  • 174.48
  • Foreign Mutual Funds (Equity Fund)
  • Debt Others

Peer Comparison

  • Scheme Name
  • Value Research
  • Asset Size (Cr)
  • 1M
  • 3M
  • 6M
  • 1Y
  • 3Y
  • AXIS NASDAQ 100 Fund of Fund - Direct (IDCW)
  • Stars
  • 178.75
  • 4.72%
  • 12.93%
  • 21.83%
  • 35.07%
  • -
  • Bandhan US Equity Fund Of Fund - Direct (G)
  • Stars
  • 318.74
  • 4.31%
  • 9.94%
  • 25.81%
  • 39.20%
  • -
  • Bandhan US Equity Fund Of Fund - Direct (IDCW)
  • Stars
  • 318.74
  • 4.31%
  • 9.94%
  • 25.81%
  • 39.20%
  • -
  • SBI International Access - US Equity FoF - Dir (G)
  • Stars
  • 925.98
  • 4.24%
  • 11.93%
  • 22.91%
  • 38.29%
  • 14.15%
  • SBI International Access-US Equity FoF-Dir (IDCW)
  • Stars
  • 925.98
  • 4.24%
  • 11.93%
  • 22.90%
  • 38.29%
  • 14.15%
  • Motilal Oswal Nasdaq 100 FOF - Direct (G)
  • Stars
  • 5051.34
  • 6.70%
  • 11.48%
  • 22.67%
  • 37.24%
  • 14.95%

News

  • Axis MF Announces IDCW Income Distribution cum Capital Withdrawal (IDCW) under its schemes Axis Mutual Fund has announced 25 June 2024 as the record date for declaration of Income Distribution cum Capital Withdrawal (IDCW) under the IDCW option of following schemes. The amount of IDCW (Rs per unit) on the face value of Rs 10 per unit will be:

    Axis Arbitrage Fund ? Regular Plan ? IDCW Option & Direct Plan - Monthly IDCW Option: 0.05 each.

    Axis Multi Asset Allocation Fund ? Regular Plan ? IDCW Option & Direct Plan - Monthly IDCW Option: 0.15 each.

    Axis Equity Saver Fund ? Regular Plan ? IDCW Option & Direct Plan - Monthly IDCW Option: 0.09 each.

    Axis Equity Hybrid Fund ? Regular Plan ? IDCW Option & Direct Plan - Monthly IDCW Option: 0.10 each.

    Powered by Capital Market - Live News

  • Axis Mutual Fund Announces change in Exit Load Structure Axis Mutual Fund has announced change in exit load structure under following scheme stands revised with effect from 25 June 2024

    Change in Exit Load:

    Name of the Scheme Existing Exit Load Revised Exit Load (w.e.f. June 25, 2024)
    Axis Quant Fund If redeemed / switched-out within 12 months- For 10% of investment: Nil,For remaining investment:1%, If redeemed / switched out after 12 months from the date of allotment: Nil. If redeemed / switched-out within 3 months from the date of allotment - For 10% of investment: Nil For remaining investment:1%, If redeemed / switched out after 3 months from the date of allotment: Nil.

    Powered by Capital Market - Live News

  • AXIS MF Announces change in benchmark index under its schemes Axis Mutual Fund has announced change in the benchmark of Axis Floater Fund (?the Scheme?)with immediate effect.

    Change in name of Benchmark of AXIS FLOATER FUND

    Scheme Name Existing Benchmark Proposed Benchmark
    AXIS FLOATER FUND NIFTY Medium to Long Duration Debt Index A-III NIFTY Long Duration Debt Index A-III

    Powered by Capital Market - Live News

Fund House Details & Investment Objective

  • Date of Incorporation 07-Oct-2022
  • Total AUM (Cr) ₹178.75

AXIS NASDAQ 100 Fund of Fund - Direct (IDCW) is an FoFs Overseas-oriented fund from the renowned AMC, Axis Mutual Fund. Launched in Oct 2022, this fund is managed by Krishnaa N. With assets under management (AUM) worth ₹178.75 (Cr), as of 12-Jul-2024, AXIS NASDAQ 100 Fund of Fund - Direct (IDCW) is categorized as a FoFs Overseas within its segment. The fund has generated a return of 42.45% since its launch.
The current NAV of AXIS NASDAQ 100 Fund of Fund - Direct (IDCW) is ₹18.22, as on 12-Jul-2024. The fund’s benchmark index is NASDAQ - 100 TRI. You can invest in AXIS NASDAQ 100 Fund of Fund - Direct (IDCW) via both lumpsum and SIP modes. The minimum SIP amount in the fund is ₹100 while the minimum lumpsum investment is ₹100.
Being an open-ended fund, you can exit the fund anytime subject to applicable exit loads:
1% - If redeemed / switched out within 7 days from the date of allotment. Nil - If redeemed / switched out above 7 days from the date of allotment.
The fund has generated - and - CAGR in the last 3 and 5 years respectively.

The fund aims to provide long-term capital appreciation and growth, by investing in a mix of financial instruments , 1.66% in Debt and 98.34% in cash and cash equivalents

FAQs on AXIS NASDAQ 100 Fund of Fund - Direct (IDCW)

AXIS NASDAQ 100 Fund of Fund - Direct (IDCW) is a popular fund in the FoFs Overseas segment. The fund has generated a return of 42.45% since inception. Looking to invest in AXIS NASDAQ 100 Fund of Fund - Direct (IDCW)? How about earning 1% extra return? All this is possible with m.Stock! Investing in AXIS NASDAQ 100 Fund of Fund - Direct (IDCW) is super easy and convenient with m.Stock. Here’s how you can begin:

  • Login to your m.Stock account. If you do not have an account, open m.Stock Demat account and enjoy 1% extra returns plus Zero Brokerage across products for life.
  • In the ‘Menu’ section, under ‘Products’, select ‘Mutual Funds’ .
  • In the search bar, enter the fund name, in this case, AXIS NASDAQ 100 Fund of Fund - Direct (IDCW)
  • On the top right corner you’ll see two options – Lumpsum and SIP. You can choose either based on your risk appetite and available investible corpus.
  • If you choose to invest a Lumpsum: Enter amount, select payment mode (UPI or Netbanking), and click on ‘invest a lumpsum’. Make the payment and your lumpsum investment is complete.
  • If you choose the SIP route, then enter SIP amount, SIP date, and set up ‘Autopay’ facility.

So, why wait? Invest in AXIS NASDAQ 100 Fund of Fund - Direct (IDCW) today and reap the benefits of this FoFs Overseas fund!

In the short term, i.e., 1 year, AXIS NASDAQ 100 Fund of Fund - Direct (IDCW) has generated annualised return of 35.07%. In the long-term, the fund has generated - and - in 3 and 5 years respectively. Since its inception, the fund has generated 42.45% returns.

The expense ratio of AXIS NASDAQ 100 Fund of Fund - Direct (IDCW) Direct Growth is 0.22%. Expense ratio is the fees payable by investors of the scheme towards management, research and overall upkeep of the fund. The higher the expense ratio, the lower is the in-hand return for the investor. Expense ratio for direct plans is lower than regular plans, making them ideal for investors.

The Assets Under Management (AUM) of AXIS NASDAQ 100 Fund of Fund - Direct (IDCW) is ₹178.75 (Cr) as of 12 July 2024. AUM shows the fund’s popularity and is often indicative of fund strength.

Redeeming or selling units of AXIS NASDAQ 100 Fund of Fund - Direct (IDCW) is relatively simple. But before you redeem, ensure that the fund has completed the minimum lock-in period else you will be charged an exit load.

To redeem from AXIS NASDAQ 100 Fund of Fund - Direct (IDCW):

  • Login to your m.Stock account
  • In portfolio, your mutual fund investments will be visible under ‘MF’
  • Select the fund you wish to redeem from (in this case AXIS NASDAQ 100 Fund of Fund - Direct (IDCW)).
  • Click on ‘Redeem’ button
  • You have 2 options – redeem by units and redeem by value (you can only redeem free units)
  • Select units to be redeemed and click on submit.
  • Redemption value will be credited to your account in 2-3 working days (as per timelines set by SEBI).

Yes, you can invest both lumpsum and SIP in AXIS NASDAQ 100 Fund of Fund - Direct (IDCW). Minimum lumpsum investment AXIS NASDAQ 100 Fund of Fund - Direct (IDCW) is ₹100 and minimum SIP amount is ₹100. Lumpsum option is ideal for investors with higher investible corpus and market experience. SIP option is recommended for retail investors who do not have the time or expertise to time the market.

The latest NAV (Net Asset Value) of AXIS NASDAQ 100 Fund of Fund - Direct (IDCW) is ₹18.22 as on 12 July 2024.

The 5 biggest stock holdings of AXIS NASDAQ 100 Fund of Fund - Direct (IDCW) are:
C C I (1.66%), Net CA & Others (0.73%), iShares VII PLC - iShares NASDAQ 100 UCITS ETF (97.61%)

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