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GENERAL/ MISCELLANEOUS CIRCULARS

Scheme Details for Axis Nifty Next 50 Index Fund by Axis Asset Management

By TEAM CIRCULAR EXPRESS • 26 Oct 2026
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• Type: Open-ended scheme tracking the Nifty Next 50 Index
• Inception Date: 28-Jan-2022
• Minimum Investment: ₹100 and ₹1 thereafter
• Fund Managers: Mr. Nandik Mallik and Mr. Rohit Gautam
• Benchmark: Nifty Next 50 Index TRI
• AUM: ₹532.33 Cr as of 30-Sep-2026
• TER: 1.12% (Regular) and 0.21% (Direct)
• BER: 0.89% (Regular) and 0.12% (Direct)
• Tracking Error: 0.08% for both Regular and Direct plans
Scheme Name
Axis Nifty Next 50 Index Fund
Type of Scheme
Open ended scheme replicating/ tracking the Nifty Next 50 Index
Inception Date
2022-01-28
Minimum Investment
₹100 and ₹1 thereafter
Fund Manager
Mr. Nandik Mallik and Mr. Rohit Gautam
Benchmark
Nifty Next 50 Index TRI
AUM
₹ 532.33 Cr
TER
Regular – 1.12%, Direct – 0.21%
BER
Regular – 0.89%, Direct – 0.12%
Tracking Error
Regular – 0.08%, Direct-0.08%
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