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Axis Mutual Fund

Axis NASDAQ 100 US Specific Equity Passive FOF

Axis Mutual Fund · Direct plan · Growth

3-year returns
30%
a year
NAV
₹29.89
▲ 0.03% · 18 Sept 2026
Fund size
₹220 Cr
Expense ratio
0.29%
a year

Figures are for the Direct plan. The Regular plan, bought through a distributor, is at ₹29.45 and has returned 29.55% a year over 3 years.

Returns, and where it stands

Against the average fund of funds (overseas), and its place among them. Anything longer than a year is a yearly rate.

PeriodThis fundCategoryRank
1 year30%23.9%ahead15 of 48
3 years30%23.6%ahead7 of 43
Every period, and the Regular plan →
PeriodDirectRegular
1 month0%-0.1%
3 months-1.1%-1.2%
6 months23.4%23.2%
1 year30%29.6%
2 yearsp.a.31.1%30.7%
3 yearsp.a.30%29.5%

Figures are for the Direct plan, and the rank compares it against the same plan of its peers, best first. Based on NAV history from Nov 2022.

Plan

NAV history

▲ 30% in the last 1Y

22.826.930.918 Sept 202518 Mar 202618 Sept 2026

Hover or tap the chart for the NAV on any date. Past NAVs are adjusted for unit splits.

If you had invested in this fund

Investment type
years
Total invested
₹1,80,000
Gain
₹98,631
XIRR (per year)
30.64%
Value today
₹2,78,631

36 monthly instalments from 22 Sept 2023, valued at the latest NAV. Past returns do not guarantee future returns.

What the ride has been like

Worked out from this fund's own NAV history, not a rating.

How bumpy
18.6% a year
0.6% more than the category average — the bumpier side
Worst fall so far
−23%
Feb 2025 to Apr 2025.
Years that made money
99.6%
Of every one-year stretch it has been through.
Over any three years
26.2% to 36.6%
A year, at worst and at best. Typically 31.6%.

Fund details

Minimum top-up
₹100
Lock-in
None
Plan started
1 Nov 2022
Expense ratio
0.29%
as of 31 Jul 2026

Managed by Krishnaa N

Direct plan figures, last checked on 20 Sept 2026. Exit load and the scheme's benchmark are in thescheme document.

How it compares

Axis NASDAQ 100 US Specific Equity Passive FOF against other funds in the Fund of Funds (Overseas) category
Fund1Y3Y5YExpenseFund size
DSP World Gold Mining Overseas Equity Omni FoF57.46%56.87%31.69%2.61%₹1,828 Cr
Mirae Asset Global X Artificial Intelligence & Technology ETF Fund of Fund42.68%38.19%0.69%₹480 Cr
ICICI Prudential Strategic Metal and Energy Equity Fund of Fund65.43%35.15%0.98%₹328 Cr
Navi NASDAQ100 US Specific Equity Passive FOF31.85%31.11%0.16%₹1,252 Cr
Kotak US Specific Equity Passive FOF30.42%30.61%20.25%0.64%₹4,542 Cr
Invesco India - Invesco EQQQ Nasdaq-100 ETF Fund of Fund30.39%30.44%0.4%₹469 Cr
Axis NASDAQ 100 US Specific Equity Passive FOF30%30.01%0.29%₹220 Cr

About Axis NASDAQ 100 US Specific Equity Passive FOF

Axis NASDAQ 100 US Specific Equity Passive FOF is a fund of funds (overseas) managed by Axis Mutual Fund. Fund of funds that invest in international mutual funds or ETFs, giving exposure to markets such as the US.

Investment objective To replicate the performance of the Nasdaq 100 TRI by investing ETFs whose primary objective is to track/replicate the performance of the Nasdaq 100 TRI, subject to tracking errors. However, there is no assurance or guarantee that the investment objective of the scheme will be achieved.

The scheme's stated objective, as published by Axis Mutual Fund.

The NAV (net asset value) is the price of one unit of the fund. It is published by the fund house every business day and changes with the value of the fund's holdings. The Growth option reinvests all gains, so its NAV reflects the fund's total return.

Tax on your gains

How gains are taxed depends on what the scheme holds — equity, debt, gold or units of other funds each follow different rules. The scheme document states which applies.

Work out what you would owe with the capital gains tax calculator.

Every plan and option, with scheme codes
PlanOptionNAVScheme code
DirectGrowth Option₹29.8854150751
DirectIDCW Option₹29.8853150749
RegularGrowth Option₹29.4549150750
RegularIDCW Option₹29.4548150748

Frequently asked questions

What is the NAV of Axis NASDAQ 100 US Specific Equity Passive FOF today?

The NAV of Axis NASDAQ 100 US Specific Equity Passive FOF (Direct plan, Growth) is ₹29.8854 and the Regular plan NAV is ₹29.4549, as of 18 Sept 2026.

What returns has Axis NASDAQ 100 US Specific Equity Passive FOF given?

Over the last year the Direct plan returned 30%, and 30.01% a year over 3 years. That places it 7 of 43 funds in its category over 3 years. Past returns do not guarantee future returns.

What is the expense ratio of Axis NASDAQ 100 US Specific Equity Passive FOF?

The Direct plan charges 0.29% a year, as disclosed on 31 Jul 2026. The fee is already taken out of the NAV, so the returns above are what you keep.

How much has Axis NASDAQ 100 US Specific Equity Passive FOF fallen in the past?

Its deepest fall was 23% from 19 Feb 2025 to 7 Apr 2025. Of every one-year stretch in its history, 100% ended in a gain.

Which category does Axis NASDAQ 100 US Specific Equity Passive FOF belong to?

It is a Fund of Funds (Overseas) from Axis Mutual Fund. Fund of funds that invest in international mutual funds or ETFs, giving exposure to markets such as the US.

What is the difference between the Direct and Regular plan?

Both invest in the same portfolio. The Direct plan is bought straight from the fund house or a direct platform and has a lower expense ratio because no distributor commission is paid, so its NAV grows slightly faster over time.

How are gains from Axis NASDAQ 100 US Specific Equity Passive FOF taxed?

How gains are taxed depends on what the scheme holds — equity, debt, gold or units of other funds each follow different rules. The scheme document states which applies.

Source: NAVs published by the fund house through AMFI. Mutual fund investments are subject to market risks; read all scheme-related documents carefully. Past performance does not guarantee future returns. This page is for information only and is not a recommendation to buy or sell.