MF Gyan
indexHigh risk5 years oldCooling recently (last 6m ≈ -3% p.a.)

Axis Nifty 50 Index Fund - Direct Plan - Growth Option

Copies an index like the Nifty 50 or Sensex. Low fees, no active fund manager, returns match the market. From Axis Mutual Fund. It's been running since 8 Dec 2021.

Latest price per unit
₹14.5454
▲ 0.12% today
As of 4 Sep 2026 · updated once each business day

What ₹1 lakh would have become

Based on past returns
Invested 1 year ago
₹97.5k
▼ ₹2.5k loss · -2.5% / year
Invested 3 years ago
₹1.26 L
▲ ₹26.0k gain · 8.0% / year

These are calculations from the fund's past prices, not a prediction. Real future returns can and often do differ.

SIP simulator

Play with a monthly investment

Slide the amount and switch the duration. Left column uses real past prices. Right column projects forward using this fund's historical rate — a calculation, not a prediction.

₹5.0k
Looking back · real
You would have invested₹1.80 L
Value today₹1.86 L
Gain / loss+₹5.6k
XIRR (annualised)2.10%
Looking forward · hypothetical
You would invest₹1.80 L
Would become*₹1.86 L
Projected gain*+₹5.9k
*at this fund's historical rate of 2.10% per year. Actual future returns can be different — sometimes very different.
Value Cumulative invested
Reality check. The backward SIP is real math on real past NAVs. The forward projection assumes the fund keeps up its historical rate — which rarely happens exactly. Past performance is not a promise. MF Gyan does not recommend any specific investment.
How it compares to peers

Vs 95 other funds in Index Funds - Equity Funds

Same plan
1-year return
-2.46%median 4.36% (-6.82%)
Rank #54 of 96Beats 28% of peers
3-year return
8.01%median 15.78% (-7.77%)
Rank #24 of 96Beats 26% of peers
Bumpiness (3Y)
13.10%median 16.57% (-3.47%)
Rank #9 of 96Less risky than 91% of peers
Worst-ever drop
-15.82%median -17.02% (+1.20%)
Rank #53 of 96Less risky than 45% of peers

Descriptive rankings within the same category and plan. Not a recommendation — one fund beating another historically does not mean it will continue to do so.

Year by year

Calendar-year returns. 4 of last 6 years were positive.

-1%
2021
+4%
2022
+20%
2023
+10%
2024
+11%
2025
-8%
2026
Best year
2023 · 20.50%
Worst year
2026 · -7.81%

Price over time

How the per-unit price has moved. Tap a range to zoom in.

Bumpiness & worst drops

Day-to-day bumpiness
13.1%

The value swings roughly 13% up or down in a typical year. Finance-speak calls this volatility.

Worst drop ever
-15.82%

A lump sum invested at the previous peak would have temporarily lost about this much before recovering. Finance-speak calls this max drawdown.

Similar funds you might want to look at

Same category, same plan, sorted by 3-year return. Not recommendations — just neighbours.

Head-to-head comparisons

Side-by-side comparisons of Axis Nifty 50 Index Fund - Direct Plan - Growth Option against other index funds.

Technical details (for the pros)
CAGR — 1 year-2.46%
CAGR — 3 years8.01%
CAGR — 5 years—
CAGR — since launch7.91%
Volatility — 1 year (annualised)13.01%
Volatility — 3 years (annualised)13.10%
Max drawdown — 1 year-15.06%
Max drawdown — 3 years-15.42%
Sharpe ratio — 1 year (rf=6%)-0.65
Sharpe ratio — 3 years (rf=6%)0.14

Fund info

Fund house
Axis Mutual Fund
Category
Index Funds - Equity Funds
Plan
Direct
Option
Growth
ISIN (Growth)
INF846K013D2
ISIN (Div re-invest)
—
Fund code
149373
First price on record
8 Dec 2021 · 1,178 daily prices

About Axis Nifty 50 Index Fund - Direct Plan - Growth Option

Axis Nifty 50 Index Fund - Direct Plan - Growth Option is a Index Funds - Equity Funds offered by Axis Mutual Fund under the Direct plan with the Growth option. It has approximately 5 years of NAV track record. The fund falls in the index category — Copies an index like the Nifty 50 or Sensex. Low fees, no active fund manager, returns match the market.

The current NAV of Axis Nifty 50 Index Fund - Direct Plan - Growth Option is ₹14.5454 (as of 4 Sep 2026). Historically, it has delivered -2.46% over the last year, 8.01% CAGR over 3 years. Returns are historical and don't predict future performance.

Over the last three years, the fund's prices have moved with 13.1% annualised volatility — a "high" level of bumpiness; its deepest peak-to-trough fall on record was 15.8%. Being mentally prepared for drawdowns of this size is what separates long-term investors from reactive traders.

Frequently asked

What is the latest NAV of Axis Nifty 50 Index Fund - Direct Plan - Growth Option?+

The latest NAV of Axis Nifty 50 Index Fund - Direct Plan - Growth Option is ₹14.5454 as of 4 Sep 2026, up 0.12% from the previous day. NAV is updated once a business day after the market close.

What are the returns of Axis Nifty 50 Index Fund - Direct Plan - Growth Option?+

Axis Nifty 50 Index Fund - Direct Plan - Growth Option has delivered 1-year return -2.46%, 3-year CAGR 8.01%, since-inception CAGR 7.91%. Returns are historical and don't predict future performance — markets move in cycles.

What category does Axis Nifty 50 Index Fund - Direct Plan - Growth Option belong to?+

Axis Nifty 50 Index Fund - Direct Plan - Growth Option is categorised as Index Funds - Equity Funds. Copies an index like the Nifty 50 or Sensex. Low fees, no active fund manager, returns match the market.

How risky is Axis Nifty 50 Index Fund - Direct Plan - Growth Option?+

Based on its 3-year annualised volatility of 13.1%, Axis Nifty 50 Index Fund - Direct Plan - Growth Option sits in the "high" risk bucket. Volatility measures how much prices swing — higher means bigger ups and downs along the way.

Is Axis Nifty 50 Index Fund - Direct Plan - Growth Option a direct plan?+

Axis Nifty 50 Index Fund - Direct Plan - Growth Option is a Direct plan (no distributor commission — lower expense ratio) with the Growth option (all returns compound within the fund, no interim payouts).

How old is Axis Nifty 50 Index Fund - Direct Plan - Growth Option?+

Axis Nifty 50 Index Fund - Direct Plan - Growth Option has NAV history available from 8 Dec 2021 — approximately 5 years of track record and 1,178 daily NAV observations.

Numbers are computed from stored daily prices from mfapi.in/AMFI. This is descriptive analytics, not investment advice. Past performance is not indicative of future returns.