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| Name of the scheme | 1-year back | Invest now | Fund category | expense ratio |
|---|---|---|---|---|
| Axis Nifty 50 Index Fund | +32.80% | Invest now | Equity: Big Cap | 0.12% |
| Axis Nifty 100 Index Fund | +38.59% | Invest now | Equity: Big Cap | 0.21% |
| Axis Nifty Next 50 Index Fund | +71.83% | Invest now | Equity: Big Cap | 0.25% |
| Axis Nifty 500 Index Fund | , | Invest now | Equity: Flexi Cap | 0.10% |
| Axis Nifty Midcap 50 Index Fund | +46.03% | Invest now | Equity: Mid Cap | 0.28% |
The fund has diversity in its portfolio in 98 shares, with the top 10 holdings accounting for 39.94% of the total net assets. Major holdings include ICICI Bank (7.07%), Indian Hotel (5.13%), and Bharat Electronics (4.04%). Fund’s portfolio is weighted towards large-cap stock (47%), followed by mid-cap (35%) and small-cap stock (16%).
Investment strategy and approach
Canara Robeco Emerging Equality follows an increase in a reasonable price (GARP) strategy, focusing on companies ready to become a leader of the future sector.
The fund invests 35–65% in large-cap and mid-cap equity, keeping a small allocation (0–30%) for loans and money market instruments.
Returns and benchmark performance
The fund has returned to 19.01% under regular scheme in the previous year under regular scheme and 19.01% under the direct scheme, making its benchmark, Nifty Large Midcap 250 TRAI, which has posted 11.03%.
In five years, the fund has produced 18.62% (regular plan) and 19.97% (direct plan) CAGR.
Investor profile and suitability
This fund is ideal for investors with high risk hunger and long-term investment horizons of 3-5 years. The Fund House said the minimum lump sum investment starts at 5,000, while the SIP option allows investment from ₹ 1,000 per month.
Load and get out of tax thought
If the units are redeemed within a year, the exhaust load of 1% is applied. However, investors should note that mutual funds are subject to market risks, and future returns in previous performance are not guaranteed.
Also read Axis Mutual Fund launched Nifty500 value 50 ETF
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