Primarily market-linked growth exposure
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.
Investors with a long horizon who can tolerate meaningful falls in value.
Share-price volatility, valuation risk, concentration and tracking risk where applicable.
How the money may be invested
Securities covered by Nifty Next 50 Index - (95%-100%), Debt & Money Market Instruments - (0%-5%)
- SEBI category
- Index Funds
- Fund type
- Open Ended
- Primary benchmark
- NIFTY Next 50 TRI
Use the latest monthly portfolio
Top holdings are the largest securities currently owned by the scheme. Names and weights can change every month, so a copied list can become misleading. Open the AMC's current official portfolio or factsheet below and look for this exact fund name.
Manager and scheme tenure
- Fund manager(s)
- Mr. Nandik Malik and Mr. Rohit Gautam
- Manager tenure on this scheme
- Since Mr. Nandik Malik March 6, 2026 and Mr. Rohit Gautam March 6, 2026
- Role / co-management
- Mr. Nandik Malik - Primary /Domestic Equities & Mr. Rohit Gautam - Assistant Fund Manager – Equity Passive
The tenure above is experience managing this scheme, not the manager's total career experience. For education, qualifications and prior roles, open the latest official AMC factsheet or manager profile below.
Latest NAV records
NAV is a per-unit accounting value. Compare returns, portfolio, risk and cost — never choose a fund only because its NAV looks low.
| Plan / option reported by AMFI | NAV | Date |
|---|---|---|
| Axis Nifty Next 50 Index Fund - Direct Plan - Growth Option | ₹18.1176 | 04 Sep 2026 |
| Axis Nifty Next 50 Index Fund - Direct Plan - IDCW Option | ₹17.1919 | 04 Sep 2026 |
| Axis Nifty Next 50 Index Fund - Regular Plan - Growth Option | ₹17.5457 | 04 Sep 2026 |
| Axis Nifty Next 50 Index Fund - Regular Plan - IDCW Option | ₹16.6461 | 04 Sep 2026 |
What you pay and how money moves
- Stated expense ratio
- Regular 1.12%, Direct 0.21%
- Exit load
- Nil
- Minimum application
- 100 · multiples of 1
- SIP frequency
- SIP - Daily / Weekly / Monthly / Yearly , Choti SIP - Monthly ; SWP - Weekly / Monthly / Quarterly / Halfyearly / Yearly STP - Daily / Weekly / Fortnightly / Monthly / Quarterly
- Minimum SIP amount
- SIP Daily, Weekly - 100, Monthly 100.00, SIP Yearly - 12000.00 SWP - 1000 STP - Daily, Weekly, Fortnightly, Monthly - 1000 and Quarterly 3000.00 . Choti SIP - Maximum one SIP under the facility of exactly equal to Rs. 250/- is allowed. The facility is restricted to three SIP’s across all Mutual Funds (one each in upto three Asset Management Companies).
- Minimum instalments
- SIP Daily -6, Weekly - 6, Monthly - 6 SIP - Yearly - 3, Choti SIP - 60 installments at the time of registration ( If the tenure is below or above 5 years then SIP will be considered as Normal SIP. However, if investor desires to stop or withdraw the SIP investment prematurely, there is no restriction); SWP - Weekly - 5, Monthly - 6, Quarterly - 4, Halfyearly - 4, Yearly - 2 STP - Daily -6, Weekly - 6, Fortnightly -6, Monthly - 6, Quarterly -2.
How a mutual-fund investment is paid
- Complete KYCIdentity, PAN, bank and contact verification are required.
- Choose route and optionUnderstand direct vs regular and growth vs IDCW before selecting.
- Choose SIP or lump sumSIP uses an automated mandate; lump sum is a one-time payment.
- Receive units at applicable NAVCut-off time, cleared funds and scheme rules determine the applicable NAV.
- Review, do not chaseTrack goal fit, risk, manager/mandate changes, costs and portfolio — not daily noise.
Download and verify at source
The packaged Scheme Summary PDF is the official AMFI file, unchanged. Live AMC links are included for time-sensitive factsheets, top holdings and portfolios.
Source verification date: 06 September 2026. If a live document differs from this page, rely on the newer official document.