Take exposure to the top 100 companies by free float market capitalization through a single investment
Low cost passive investment vehicle tracking the NIFTY 100 Index
Equity Taxation
Investment Objective
To provide returns before expenses that closely corresponds to the total returns of the NIFTY 100 subject to tracking errors. However, there can be no assurance that the investment objective of the Scheme will be achieved.
Entry Load, Exit Load & Tax
Tax implication
Minimum Investment
Underlying Index Details
This product is suitable for investors who are seeking*
Long term wealth creation solution.
An index fund that seeks to track returns by investing in a basket of Nifty 100 Index stocks and aims to achieve returns of the stated index, subject to tracking error.
*Investors should consult their financial advisers if in doubt about whether the product is suitable for them
Performance of Axis NIFTY 100 Index Fund - Regular Growth as of February 28, 2026
NIFTY 100 TRI
Current Value of Rs.10,000 Invested
Annualised(%)
Nifty 100 TRI Benchmark(%)
Nifty 50 TRI Additional Benchmark(%)
Annualised(₹)
Nifty 100 TRI Benchmark(₹)
Nifty 50 TRI Additional Benchmark(₹)
Since Inception 2019-10-18
13.17%
14.36%
14.13%
21,986
23,494
23,205
5 Years
12.14%
13.28%
12.93%
17,745
18,664
18,379
3 Years
15.02%
16.12%
14.64%
15,215
15,659
15,066
1 Year
15.41%
16.49%
15.12%
11,537
11,644
11,507
Fund Quants
CAGR (1Y)
15.41%
Benchmark Returns (1Y)
16.49%
NAV
20.42As on Mar 16, 2026
Risk
Very High
AUM (In Cr.)
₹ 1,983.85As on Feb 28, 2026(in Cr.)
Expense Ratio
0.92%As on Mar 16, 2026
Worth of investments (1Y) ₹10,000 Monthly SIP grown to
₹ 1,22,865.57
Tracking Difference
Fund Names
1 Year
3 Year
5 Year
10 Year
Since Inception
Axis Nifty 100 Index Fund
-0.98
-1.08
-1.1
N/A
-1.17
Tracking Error
The tracking error of Axis Nifty 100 Index Fund as of March 16, 2026 is 0.05
Disclaimer : Tracking Error and Tracking Difference data powered by ICRA Analytics (Disclaimer - http://www.icraanalytics.com/legal/standard-disclaimer.html)
Updated as on: As of February 28, 2026
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Portfolio
Asset Cap Mix
Equity100%
Non-convertible Preference Shares0.01%
Debt/Cash-0.01%
Portfolio Summary
No. of stocks
10
Top 10 Stocks (%)
45.45%
Top 5 Stocks (%)
31.25%
Top 3 Stocks (%)
23.81%
Market Cap
Small Cap0%
Mid Cap2.5%
Large Cap97.5%
Top 5 Sectors
Financial Services34.77%
Oil, Gas & Consumable Fuels9.7%
Information Technology7.66%
Automobile and Auto Components7.35%
Fast Moving Consumer Goods6.5%
Holdings
Stocks
% of holdings
HDFC Bank Limited
9.85
ICICI Bank Limited
7.14
Reliance Industries Limited
6.82
Bharti Airtel Limited
3.8
Larsen & Toubro Limited
3.64
State Bank of India
3.62
Infosys Limited
3.3
Axis Bank Limited
2.87
Kotak Mahindra Bank Limited
2.21
Mahindra & Mahindra Limited
2.2
Updated as on: February 28, 2026
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Frequently asked questions
What is the minimum amount to start investing in Axis Nifty 100 Index Fund?
You can begin investing in the Axis Nifty 100 Index Fund with just ₹100, either via a one-time (lump sum) payment or a Systematic Investment Plan (SIP).
What is the Axis Nifty 100 Index Fund?
Axis Nifty 100 Index Fund is an open-ended mutual fund scheme that directly invests in all companies making up the Nifty 100 Index. This index fund aims to replicate the performance of the index, so you benefit from the collective performance of India’s top 100 listed companies. It offers you a simple and efficient way to track the growth of India’s blue-chip companies through a single investment.
Why should you consider investing in the Axis Nifty 100 Index Fund?
This index fund can be ideal if you want a low-cost way to diversify your portfolio and participate in the growth of large, well-established top 100 Indian companies. It suits both new investors looking for a safe entry point and experienced investors aiming to balance their equity allocation. If you seek long-term growth and want to avoid the hassle of picking stocks yourself, this fund is an excellent choice for you.
How does Axis Nifty 100 Index Fund help you build a diversified portfolio?
By investing in the Axis Nifty 100 Index Fund, your money is spread across 100 different large-cap companies from 15+ key sectors. This means you don’t rely on the performance of just one company or sector, which helps reduce overall investment risk and brings balance to your portfolio.
How can you invest in the Axis Nifty 100 Index Fund?
You can easily invest online through the Axis Mutual Fund website or mobile app, as well as via popular financial platforms, banks, or authorized mutual fund distributors. After a few simple steps, you can choose between investing a lump sum or starting a SIP, ensuring a convenient and seamless experience.
What is the current expense ratio of Axis Nifty 100 Index Fund Direct Growth Plan?
The expense ratio for the Axis Nifty 100 Index Fund Direct Growth Plan is—0.21% (as of 31 July 2025). This means more of your money stays invested and working for you, making it cost-effective compared to most actively managed mutual funds.
Which top companies are you investing in through Axis Nifty 100 Index Fund?
The Axis Nifty 100 Index Fund has major holdings in some of India’s most respected and stable businesses, such as HDFC Bank, ICICI Bank, Reliance Industries, Ultratech, L&T, Titan, Asianpaints, Coal India, Bharti Airtel and many more. Investing in this fund means owning a piece of the companies that shape India’s corporate landscape.
Is there any lock-in period in Axis Nifty 100 Index Fund?
No, there’s no lock-in period for Axis Nifty 100 Index Fund. You are free to withdraw all or part of your investment any time you want, allowing complete flexibility and liquidity.
What are the key benefits of investing in Axis Nifty 100 Index Fund?
• Wide diversification: Get exposure to 100 of India’s top companies in one investment.• Low cost: Save on fees with a low expense ratio, so more of your money is invested.• Easy access: Begin your investment journey with as little as ₹100.• Transparency and simplicity: Know what you’re investing in and easily track your portfolio performance.• Long-term growth potential: Participate in India’s economic expansion over the years.
How is taxation on your Axis nifty 100 Index Fund Investment?
Returns after selling your investment after one year are considered Long-Term Capital Gains and taxed at 12.5% beyond ₹1.25 lakh in gains per year. For redemptions within a year, Short-Term Capital Gains Tax applies at 20%. Planning your investment horizon can help manage and optimize your tax burden.
Can you set up SWP (Systematic Withdrawal Plan) or STP (Systematic Transfer Plan) with Axis Nifty 100 Index Fund?
Yes! You can set up an SWP to receive regular cash payouts, or an STP to transfer money between Axis funds—all designed to give you better control and flexibility over your investments.
How often does Axis Nifty 100 Index Fund’s portfolio get updated for you?
The Axis Nifty 100 Index Fund’s portfolio is rebalanced to ensure it always reflects the current top 100 companies. This keeps your investment aligned with market changes and the Nifty 100 Index.
How is Axis Nifty 100 Index Fund different from actively managed equity funds?
Unlike active funds where managers pick and choose stocks in hopes of outperforming the market, this passive index fund mirrors the Nifty 100 Index as closely as possible. This results in lower costs, clearer transparency, and more predictable investment outcomes for you.Note: Sector(s)/ Stock(s) mentioned above are for the purpose of disclosure of the portfolio of the Scheme(s) and should not be construed as recommendation.For individual nature of tax implications, investors are requested to consult their tax advisors before investing.Total Expense Ratio (TER) is of Axis Nifty 100 Index Fund Direct Growth Plan as on 31 July 2025. The TER of the Scheme is subject to change at the discretion of AMC within the limits specified in Scheme Information Document. Investors are requested to visit Axis Mutual Fund website to view the current TER of the Scheme at the time of investments (https://www.axismf.com/total-expense-ratio).Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
What is the Nifty 100 Index and how does it reflect in India economy?
The Nifty 100 Index combines the Nifty 50 and Nifty Next 50, capturing the TOP 100 companies on the National Stock Exchange (NSE) across various sectors like banking, technology, energy, and consumer goods etc. By tracking the Nifty 100 Index, you get exposure to companies that represent a major portion of the country’s stock market capitalization. This means your investments grow alongside India’s leading businesses and the broader Indian economy.
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Statutory Details: Axis Mutual Fund has been established as a Trust under the Indian Trusts Act, 1882, sponsored by Axis Bank Ltd. (liability restricted to Rs.1 lakh).Trustee: Axis Mutual Fund Trustee Ltd. Investment Manager: Axis Asset Management Co. Ltd. (the AMC).Risk Factors: Axis Bank Ltd. is not liable or responsible for any loss or shortfall resulting from the operation of the scheme. Past performance may or may not be sustained in future. Please consult your financial advisor before investing.