Axis Nifty500 Value 50 Index Fund DirectGrowth
Equity: Value Oriented - Growth (Open ended) Factsheet
SEBI Riskometer -Very HighCategory -Equity: Value OrientedBenchmark -Nifty 500 Value 50 Total Return Index
NAV: ₹11.54+0.41%
02 Jul 2026
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Expense ratio of the Index fund (0.47%) is lower than average expense ratio of other Index funds/ETFs (0.87%) tracking Nifty 500 Value 50 Total Return Index
This measures the relative expense of the index fund/ETF with respect to average expense ratio all index funds/ETFs tracking the same benchmark. Investors should always prefer schemes with lower expense, everything else remaining the same
What is Expense ratio?
Tracking error of the Index fund (0.17%) is low
This is a measure of how well an Index fund/ETF has been able to replicate the performance of the benchmark its tracking. As a passive investor, lower tracking error is always better
What is Tracking Error?
Tracking difference of the Index fund (0.2%) is low
This measures the difference in returns (last 1 year) between the Index fund/ETF and its respective benchmark. Lower absolute tracking difference is better
What is Tracking Difference (1Y)?
Since this is a relatively new scheme (less than 3 years), we do not have sufficient data to conduct meaningful performance analysis
The scheme seeks To provide returns before expenses that correspond to the Nifty500 Value 50 TRI subject to tracking error.