Should I invest in Axis Nifty Next 50 Index Fund?

We don't give personal investment advice. Axis Nifty Next 50 Index Fund - Direct Plan - IDCW is suitable for an investor whose:understands what asset class this scheme actually invests in (check the factsheet)matches that asset class's volatility profile to their goal horizonCross-check the numbers above against alternatives before deciding.

Axis

Axis Nifty Next 50 Index Fund - Direct Plan - IDCW

Latest NAV

₹16.4281

As of

3 Jun 2026

1,073 NAV records on file

NAV history & peer comparison

All NAVs split-adjusted and normalised to 100 at the start of the selected period, so funds with very different absolute NAV scales can be compared on one axis.

Period

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Returns matrix

Fund return alongside the category average and peer rank for every standard window. Returns under one year are absolute; one year and longer are compound annualised (CAGR).

Window	Fund	Category avg	+/− vs avg	Rank	Quartile
1D	+0.28%	+0.14%	+0.14	115 / 296	Q2
1W	-1.17%	-1.13%	-0.04	148 / 296	Q2
2W	+1.65%	+0.01%	+1.63	26 / 296	Q1
1M	-0.22%	-0.63%	+0.42	166 / 296	Q3
3M	-2.84%	-0.19%	-2.65	216 / 291	Q3
6M	-3.47%	-2.63%	-0.85	176 / 285	Q3
YTD	-4.18%	-2.85%	-1.34	185 / 287	Q3
1Y	+0.07%	+0.85%	-0.78	162 / 269	Q3
2Y	-2.34%	+3.09%	-5.43	168 / 188	Q4
3Y	+16.77%	+10.07%	+6.70	29 / 149	Q1
4Y	+15.40%	+11.38%	+4.02	19 / 74	Q2
5Y	—	—	—	—	—
7Y	—	—	—	—	—
10Y	—	—	—	—	—
Inception	+11.64%	+6.44%	+5.20	61 / 294	Q1

Quartile legend: Q1 top 25% Q2 25-50% Q3 50-75% Q4 bottom 25%

Calendar-year returns

Full-year performance vs category average. Current year is partial (year-to-date).

Year	Fund	Category avg	+/− vs avg	Rank
2026 YTD	-4.18%	-2.86%	-1.32	181 / 282
2025	+2.28%	+5.41%	-3.14	160 / 226
2024	+27.55%	+13.06%	+14.50	10 / 159
2023	+26.59%	+21.46%	+5.13	39 / 121
2022	—	—	—	—

Rolling returns

Removes start-date bias by averaging CAGR over every overlapping N-year window in the fund's history. Higher average plus tight min/max plus high "% positive" = consistent.

1-Year rolling

+18.41%

41 windows

min -10.5% · max 67.8%

68% positive

Limited basis — fund is young, so this average may be skewed by which 1Y windows happen to be available.

3-Year rolling

+17.69%

17 windows

min 12.4% · max 22.2%

100% positive

Limited basis — fund is young, so this average may be skewed by which 3Y windows happen to be available.

5-Year rolling

—

Insufficient history

7-Year rolling

—

Insufficient history

SIP returns — historical "what if"

If you had invested every month in this fund over the chosen period, this is what your investment would be worth today.

Period

Total invested

₹ —

Today's value

₹ —

XIRR

Annualised

Wealth multiplier

Period	Total invested	Today's value	XIRR	Wealth multiplier

XIRR is the annualised internal rate of return on the SIP cash flow — invariant to the monthly amount. "Today's value" and "Total invested" scale linearly with the slider. Past performance does not guarantee future returns. Excludes exit load and taxes.

Risk profile

Risk-adjusted return and volatility, computed from monthly NAV returns over the trailing 3-year and 5-year windows.

Std deviation

19.18%

3-year · annualised

Sharpe ratio

0.57

vs risk-free 6.5%

Sortino ratio

0.86

Downside-only deviation

Max drawdown

-26.35%

Sep 2024 → Feb 2025

% positive months

75.0%

Share of monthly returns > 0 over the 3-year window

Sharpe / Sortino use a risk-free rate of 6.5% (1-year T-bill proxy). Higher Sharpe = more return per unit of total risk; higher Sortino = more return per unit of downside risk.

Peers in Index Fund

Scheme	Fund house	NAV	As of
NIPPON INDIA NIFTY MIDCAP 150 INDEX FUND - DIRECT Plan - IDCW Option	Nippon India	₹25.7075	3 Jun 2026
SBI Nifty Midcap 150 Index Fund - Direct Plan - Income Distribution cum Capital Withdrawal Option (IDCW)	SBI	₹19.3389	3 Jun 2026
ICICI Prudential Nifty Midcap 150 Index Fund - Direct Plan - IDCW	ICICI Prudential	₹19.8539	3 Jun 2026
BANDHAN Nifty Smallcap 250 Index Fund - Direct Plan - IDCW	Bandhan	₹12.2855	3 Jun 2026
Aditya Birla Sun Life Nifty Midcap 150 Index Fund - Direct - Payout of IDCW	Aditya Birla Sun Life	₹25.1051	3 Jun 2026
Motilal Oswal Nifty Midcap 150 Index Fund - Direct Plan	Motilal Oswal	₹40.2587	3 Jun 2026
KOTAK NIFTY MIDCAP 150 INDEX FUND-DIRECT PLAN-IDCW-PAYOUT AND REINVESTMENT	Kotak	₹11.4080	3 Jun 2026
Edelweiss Nifty Next 50 Index Fund - Direct Plan - IDCW	Edelweiss	₹16.2676	3 Jun 2026
DSP Nifty Midcap 150 Index Fund - Direct - IDCW	DSP	₹10.1389	3 Jun 2026
HSBC NIFTY NEXT 50 INDEX FUND - Direct IDCW	HSBC	₹30.5433	3 Jun 2026

Recent NAVs

Date	NAV
3 Jun 2026	₹16.4281
2 Jun 2026	₹16.4892
1 Jun 2026	₹16.4437
31 May 2026	₹16.7148
29 May 2026	₹16.7149
27 May 2026	₹16.9222
26 May 2026	₹16.6843
25 May 2026	₹16.6539
22 May 2026	₹16.4078
21 May 2026	₹16.3426

Frequently asked questions

These answers are generated from this fund's live metrics — NAV, returns, peer rank, drawdown, SIP backtest. Numbers refresh nightly after AMFI's NAV feed lands.

As of 03 Jun 2026, the NAV of Axis Nifty Next 50 Index Fund - Direct Plan - IDCW is ₹16.4281. It's a Index Fund from Axis, run as a Direct plan IDCW (dividend) option. NAVs update once per business day from the AMFI feed.

Axis Nifty Next 50 Index Fund - Direct Plan - IDCW has NAV history starting from 02 Feb 2022, a track record of about 4 years 4 months. It's a relatively new scheme. With under 5 years of NAVs, peer comparison is the best yardstick — point-to-point returns can be skewed by entry timing.

Axis Nifty Next 50 Index Fund - Direct Plan - IDCW is managed by Axis. It's classified by AMFI under the 'Index Fund' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, Axis Nifty Next 50 Index Fund - Direct Plan - IDCW has delivered a absolute return of 0.07% — -0.78 pp behind the Index Fund category average of 0.85%. The fund ranks #162 of 269 in its category — the third (Q3) quartile.

Over the trailing 3-year window, Axis Nifty Next 50 Index Fund - Direct Plan - IDCW has delivered a CAGR of 16.77% — +6.7 pp ahead of the Index Fund category average of 10.07%. The fund ranks #29 of 149 in its category — the top (Q1) quartile.

Axis Nifty Next 50 Index Fund - Direct Plan - IDCW doesn't have a complete 5-year window yet (we need at least 5 year of NAVs). Check the shorter-window returns above.

₹1 lakh invested in Axis Nifty Next 50 Index Fund - Direct Plan - IDCW exactly 3 years ago would be worth approximately ₹159,228 today — a multiplier of 1.59×, based on the 3-year CAGR of 16.77%. The category average over the same window would have grown ₹1 lakh to ₹133,348.

A ₹10,000 monthly SIP in Axis Nifty Next 50 Index Fund - Direct Plan - IDCW over the last 3 years — total invested ₹360,000 — would be worth ₹399,566 today. That's an XIRR (money-weighted annualised return) of 6.88%.

Axis Nifty Next 50 Index Fund - Direct Plan - IDCW doesn't yet have 10 years of NAVs. Over the longest available window (3-year SIP), ₹10,000/month would have grown to ₹399,566 — XIRR 6.88%.

On a 3-year basis, Axis Nifty Next 50 Index Fund - Direct Plan - IDCW ranks #29 out of 149 funds in the Index Fund category — that places it in the top quartile (Q1) — strong outperformance. The category average return over the same window is 10.07%; this fund delivered 16.77%.

The worst peak-to-trough decline Axis Nifty Next 50 Index Fund - Direct Plan - IDCW has experienced over the last 3-year window is 26.35% — its NAV fell from a high on 27 Sep 2024 to a low on 28 Feb 2025. Drawdown is a useful gauge of how much short-term pain you'd have endured to capture the long-term return.

Across all 3-year rolling windows, Axis Nifty Next 50 Index Fund - Direct Plan - IDCW averaged 17.69% (best 22.17%, worst 12.38%). 100% of rolling windows ended positive. The 3-year Sharpe ratio is 0.57 — reasonable risk-adjusted performance.

In calendar year 2025, Axis Nifty Next 50 Index Fund - Direct Plan - IDCW returned 2.28% — lagging the Index Fund category average of 5.41% by 3.14 pp. It ranked #160 of 226 in its category that year.

Axis Nifty Next 50 Index Fund - Direct Plan - IDCW doesn't fit cleanly into the standard Equity/Debt buckets in our taxonomy. Tax treatment depends on actual asset allocation as disclosed by the AMC — check the factsheet or AMFI's classification table.

We don't give personal investment advice. Axis Nifty Next 50 Index Fund - Direct Plan - IDCW is suitable for an investor whose:

understands what asset class this scheme actually invests in (check the factsheet)
matches that asset class's volatility profile to their goal horizon

Cross-check the numbers above against alternatives before deciding.

Educational content only — not investment advice. Tax rules summarised above reflect Budget 2024; consult a qualified adviser before transacting.