MF Gyan
indexHigh risk5 years oldCooling recently (last 6m ≈ 8% p.a.)

Axis Nifty Next 50 Index Fund - Direct Plan - IDCW 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 2 Feb 2022.

Latest price per unit
₹17.1919
▼ 0.23% 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
₹1.04 L
▲ ₹3.7k gain · 3.7% / year
Invested 3 years ago
₹1.55 L
▲ ₹55.2k gain · 15.8% / 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₹1.97 L
Gain / loss+₹16.8k
XIRR (annualised)6.18%
Looking forward · hypothetical
You would invest₹1.80 L
Would become*₹1.98 L
Projected gain*+₹18.2k
*at this fund's historical rate of 6.18% 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
3.72%median 4.36% (-0.64%)
Rank #39 of 96Beats 49% of peers
3-year return
15.78%median 12.62% (+3.16%)
Rank #16 of 96Beats 52% of peers
Bumpiness (3Y)
18.48%median 16.57% (+1.91%)
Rank #65 of 96Less risky than 29% of peers
Worst-ever drop
-26.35%median -16.60% (-9.75%)
Rank #21 of 96Less risky than 79% 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 5 years were positive.

+1%
2022
+26%
2023
+28%
2024
+2%
2025
-0%
2026
Best year
2024 · 27.55%
Worst year
2026 · -0.10%

Price over time

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

Bumpiness & worst drops

Day-to-day bumpiness
18.5%

The value swings roughly 18% up or down in a typical year. Finance-speak calls this volatility.

Worst drop ever
-26.35%

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 Next 50 Index Fund - Direct Plan - IDCW Option against other index funds.

Technical details (for the pros)
CAGR — 1 year3.72%
CAGR — 3 years15.78%
CAGR — 5 years—
CAGR — since launch11.98%
Volatility — 1 year (annualised)17.04%
Volatility — 3 years (annualised)18.48%
Max drawdown — 1 year-18.75%
Max drawdown — 3 years-26.35%
Sharpe ratio — 1 year (rf=6%)-0.14
Sharpe ratio — 3 years (rf=6%)0.48

Fund info

Fund house
Axis Mutual Fund
Category
Index Funds - Equity Funds
Plan
Direct
Option
IDCW
ISIN (Growth)
INF846K010F3
ISIN (Div re-invest)
INF846K011F1
Fund code
149469
First price on record
2 Feb 2022 · 1,139 daily prices

About Axis Nifty Next 50 Index Fund - Direct Plan - IDCW Option

Axis Nifty Next 50 Index Fund - Direct Plan - IDCW Option is a Index Funds - Equity Funds offered by Axis Mutual Fund under the Direct plan with the IDCW 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 Next 50 Index Fund - Direct Plan - IDCW Option is ₹17.1919 (as of 4 Sep 2026). Historically, it has delivered 3.72% over the last year, 15.78% 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 18.5% annualised volatility — a "high" level of bumpiness; its deepest peak-to-trough fall on record was 26.3%. 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 Next 50 Index Fund - Direct Plan - IDCW Option?+

The latest NAV of Axis Nifty Next 50 Index Fund - Direct Plan - IDCW Option is ₹17.1919 as of 4 Sep 2026, down 0.23% from the previous day. NAV is updated once a business day after the market close.

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

Axis Nifty Next 50 Index Fund - Direct Plan - IDCW Option has delivered 1-year return 3.72%, 3-year CAGR 15.78%, since-inception CAGR 11.98%. Returns are historical and don't predict future performance — markets move in cycles.

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

Axis Nifty Next 50 Index Fund - Direct Plan - IDCW 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 Next 50 Index Fund - Direct Plan - IDCW Option?+

Based on its 3-year annualised volatility of 18.5%, Axis Nifty Next 50 Index Fund - Direct Plan - IDCW 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 Next 50 Index Fund - Direct Plan - IDCW Option a direct plan?+

Axis Nifty Next 50 Index Fund - Direct Plan - IDCW Option is a Direct plan (no distributor commission — lower expense ratio) with the IDCW option (periodic distributions, taxable at your slab rate).

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

Axis Nifty Next 50 Index Fund - Direct Plan - IDCW Option has NAV history available from 2 Feb 2022 — approximately 5 years of track record and 1,139 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.