MonitorDirect · Growth
Axis Nifty Next 50 Index Fund
Axis Mutual FundIndex Funds - Equity Funds4.6 years
The scheme seeks to provide returns before expenses that closely corresponds to the total returns of the NIFTY NEXT 50 subject to tracking errors.
- NAV
- 17.4707
- 15 Sept 2026
- 1Y
- +3.2%
- Trailing CAGR
- AUM
- ₹548.71 Cr
- 31 Aug 2026
- Volatility
- High
- 17.7% annualized
NAV
Path not in current snapshots
n/a
Returns
Trailing CAGR and simulated monthly SIP XIRR from daily NAV. Category comparison uses the median of comparable share classes in the peer set.
Trailing CAGR
Point-to-point, calendar-day annualized
- 1Y+3.2%
- 3Y+15.7%
- 5Yn/a
- 10Yn/a
- SI+12.3%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y+2.9%
- 3Y+6.8%
- 5Yn/a
- 10Yn/a
- Since inception
- +12.3%
- Calendar-day CAGR
- Excess 1Y
- +1.9%
- Category median, same plan and option
- 3Y win rate
- +83%
- Windows beating the median
- 3Y percentile
- 68
- Vs comparable share classes
- Worst rolling 3Y
- +12.2%
- 405 daily-ending windows
- Median rolling 3Y
- +18.4%
- Calendar-day CAGR
- Positive rolling 5Y
- n/a
- 0 daily-ending windows
- SIP 3Y XIRR
- +6.8%
- Simulated monthly SIP
Drawdown
Peak to trough from a running NAV high. Move across the path to read a date.
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 11 days
- 38 recovered episodes
- Longest recovery
- 125 days
- Trough to prior peak
- Current spell
- 718 days
- Days below latest peak
- Time below peak
- +90%
- NAV observations
27 Sept 2024 – open
Trough 28 Feb 2025 · not recovered
-26.3%
11 Apr 2022 – 18 Aug 2022
Trough 20 Jun 2022 · recovered in 59 days
-19.0%
15 Sept 2022 – 31 Jul 2023
Trough 28 Mar 2023 · recovered in 125 days
-18.3%
2 Feb 2022 – 4 Apr 2022
Trough 7 Mar 2022 · recovered in 28 days
-9.8%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
68
Vs category
62
Consistency
65
Risk-adjusted
48
Drawdown
34
Mean
56
Portfolio
31 Aug 2026 · 51 holdings · top 10 are 33.8%.
- Top 5
- 19.4%
- Top 10
- 33.8%
- Largest holding
- 4.7%
- Effective holdings
- 42.3
Divi's Laboratories Ltd
Healthcare
4.7%
TVS Motor Company Ltd
Consumer Discretionary
4.0%
Tata Motors Ltd
Industrials
3.9%
Hindustan Aeronautics Ltd
Industrials
3.6%
Adani Power Ltd
Energy & Utilities
3.2%
Decision
Quantitative read of the live evidence. An explanation can only restate what is already here.
As of 15 Sept 2026
Monitor
Engine status
Monitor
Recent evidence
Why this status
No status reasons yet. History is still thin.
Supporting reads
- The fund beat the category median in 83% of rolling 3-year windows.
- Three-year return is above the category median.
Worth investigating
Same-category peers with enough history to inspect beside this fund.
Aditya Birla Sun Life BSE 500 Momentum 50 Index Fund
Aditya Birla Sun Life Mutual Fund
- 1Y
- +2.4%
- 3Y
- n/a
- Vol
- 17.2%
- Max DD
- -15.4%
- Sharpe
- 0.08
- 3Y win
- n/a
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
Caveat: Lower trailing returns
Aditya Birla Sun Life BSE 500 Quality 50 Index Fund
Aditya Birla Sun Life Mutual Fund
- 1Y
- -0.6%
- 3Y
- n/a
- Vol
- 13.6%
- Max DD
- -11.4%
- Sharpe
- -0.02
- 3Y win
- n/a
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
Caveat: Lower trailing returns
Aditya Birla Sun Life Nifty Midcap 150 Index Fund
Aditya Birla Sun Life Mutual Fund
- 1Y
- +3.5%
- 3Y
- +14.0%
- Vol
- 16.7%
- Max DD
- -21.2%
- Sharpe
- 0.81
- 3Y win
- +100%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
Caveat: Lower trailing returns
Axis Nifty Midcap 50 Index Fund
Axis Mutual Fund
- 1Y
- +6.6%
- 3Y
- +14.8%
- Vol
- 17.0%
- Max DD
- -20.3%
- Sharpe
- 0.79
- 3Y win
- +100%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
Caveat: Lower trailing returns
Groww Nifty Next 50 Index Fund
Groww Mutual Fund
- 1Y
- +2.9%
- 3Y
- n/a
- Vol
- 16.6%
- Max DD
- -14.3%
- Sharpe
- 0.09
- 3Y win
- n/a
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
Caveat: Lower trailing returns