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Axis NIFTY IT Index Fund Direct Growth

Growth
13.430.84% (+0.11)
High
Low
Returns
0.00%
0.00%
1M
6M
1Y
3Y
5Y
Max
SIP
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1M
6M
1Y
3Y
5Y
Max
SIP

Equity

Index Fund

Small-size Fund

Assets Under Mgmt: ₹ 131 Cr

Very High Risk

Principle investment will be at very high risk

How to use scorecard? Learn more

Equity

Index Fund

Small-size Fund

Assets Under Mgmt: ₹ 131 Cr

Very High Risk

Principle investment will be at very high risk

Axis NIFTY IT Index Fund Performance & Key Metrics

Axis NIFTY IT Index Fund Performance & Key Metrics

Expense RatioExpense RatioNo LabelNo LabelNo LabelNo Label
0.3231.420.46
No LabelNo LabelNo LabelNo LabelNo LabelNo Label
0.5841.280.00

Axis NIFTY IT Index Fund Scheme InfoAxis NIFTY IT Index Fund Scheme Info

PlanPlanLock inLock inExit LoadExit Load
Growth0 yrs0.25%
0.25% on or before 7D Nil after 7D
SIP Inv.SIP Inv.Min. LumpsumMin. Lumpsum
Allowed₹ 100
Initial: ₹ 100 Incremental: ₹ 100
BenchmarkBenchmark
NIFTY IT - TRI

About Index Fund

About Index Fund

Index funds invests in stocks that emulate a market index like NSE Nifty, BSE Sensex, etc. They invest in the same securities which are present in underlying index. These funds aim to offer returns comparable to the index they track.

Axis NIFTY IT Index Fund Peers

Axis NIFTY IT Index Fund Peers & Comparison

Comparing 3 mutual funds from 
EquityIndex Fund
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Mutual Fund1Y Returns1Y Returns3Y CAGR3Y CAGRLife CAGRLife CAGR
Axis NIFTY IT Index Fund13.35%16.47%
UTI Nifty 50 Index Fund7.42%18.86%13.20%
HDFC Nifty 50 Index Fund7.37%18.82%13.32%
ICICI Pru Nifty 50 Index Fund7.35%18.81%13.26%

Axis NIFTY IT Index Fund Returns Comparison

Compare Axis NIFTY IT Index Fund with any MF, ETF, stock or index
Compare Axis NIFTY IT Index Fund with any MF, ETF, stock or index
Axis NIFTY IT Index Fund
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Axis NIFTY IT Index Fund Portfolio

Axis NIFTY IT Index Fund Asset Allocation

Axis NIFTY IT Index Fund Asset Allocation

Actual

Target

Sep 2024

Dec 2024

Mar 2025

May 2025

ACTUAL
Cash & EquivalentsEquity0.43%99.57%

Sep 2024

Dec 2024

Mar 2025

May 2025

Tickertape Separator

Axis NIFTY IT Index Fund Sector Distribution

Axis NIFTY IT Index Fund Sector Distribution

Investment Banking & BrokerageOthersIT Services & Consulting0.16 %0.26 %99.57 %

Sep 2024

Dec 2024

Mar 2025

May 2025

Tickertape Separator

Axis NIFTY IT Index Fund Sector Weightage

Axis NIFTY IT Index Fund Sector Weightage

Mar 24Jun 24Sep 24Dec 24Mar 25May 2599.38%99.07%99.61%99.79%100.02%99.57%
IT Services & Consulting as a % of total holdings for last six quarters
Tickertape Separator

Axis NIFTY IT Index Fund Current Holdings

Axis NIFTY IT Index Fund Current Holdings

Equity

Others

  • Constituent
    Holding Weight
    3M Change

AMC Profile of Axis NIFTY IT Index Fund

AMC Profile of Axis NIFTY IT Index Fund

Axis Asset Management Company Ltd. is the mutual fund investment wing of Axis Bank, the 3rd largest private bank in India. 74.99% share of the AMC is held by Axis Bank while the rest 24% is held by Schroder Singapore Holdings Private Limited.

Axis Asset Management Company Ltd. is the mutual fund investment wing of Axis Bank, the 3rd largest private bank in India. 74.99% share of the AMC is held by Axis Bank while the rest 24% is held by Schroder Singapore Holdings Private Limited.

  • No.of Schemes

    71

  • Total AUM

    ₹ 3,30,695.80 Cr.

Axis NIFTY IT Index Fund Manager Details

Axis NIFTY IT Index Fund Manager Details

Axis NIFTY IT Index Fund Manager Profile

Axis NIFTY IT Index Fund Manager Profile

Karthik Kumar

AUM:  ₹14,097.66 Cr.

Sum of AUMs of all funds managed by the fund manager

 | 

Exp: 14yrs

Qualification

M.B.A, C.F.A., B.E (Mechanical)

Past Experience

Data not available

Funds Managed (32)
4.85%
4.85%
19.25%
19.25%
0.21%
0.21%
4.12%
4.12%
18.39%
18.39%
0.92%
0.92%
7.54%
7.54%
18.84%
18.84%
0.10%
0.10%
7.20%
7.20%
18.51%
18.51%
0.42%
0.42%
-6.32%
-6.32%
23.93%
23.93%
0.15%
0.15%
-7.06%
-7.06%
23.14%
23.14%
1.01%
1.01%
2.58%
2.58%
33.77%
33.77%
0.27%
0.27%
1.80%
1.80%
32.80%
32.80%
1.02%
1.02%
4.96%
4.96%
32.46%
32.46%
0.26%
0.26%
4.16%
4.16%
31.50%
31.50%
1.03%
1.03%
-1.82%
-1.82%
21.22%
21.22%
0.71%
0.71%
-3.33%
-3.33%
19.32%
19.32%
2.22%
2.22%
12.53%
12.53%
1.03%
1.03%
7.26%
7.26%
0.10%
0.10%
6.67%
6.67%
0.70%
0.70%
9.09%
9.09%
0.17%
0.17%
8.15%
8.15%
1.00%
1.00%
1.00%
1.00%
0.10%
0.10%
0.18%
0.18%
1.06%
1.06%
0.51%
0.51%
2.11%
2.11%
0.16%
0.16%
1.06%
1.06%
13.35%
13.35%
0.32%
0.32%

Axis NIFTY IT Index Fund Manager Performance (0)

Axis NIFTY IT Index Fund Manager Performance (0)

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Axis NIFTY IT Index Fund Tax Implications

Axis NIFTY IT Index Fund Tax Implications

Invested period < 1 year

Gains are treated as short-term capital gains and taxed at 20%

Invested period > 1 year

Gains are treated as long-term capital gains and taxed at 12.5%

Let’s calculate your returns after tax

Investment frequency

Monthly

One Time

Monthly Investment Amt. (₹)

Investment period (years)

CAGR (%)
This CAGR is calculated based on the actual past return given by the fund during the selected investment period. This is the annualised growth rate assuming monthly compounding.

+

-

You make

Axis NIFTY IT Index Fund Review & Opinions

Axis NIFTY IT Index Fund Review & Opinions

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Frequently asked questions

Frequently asked questions

  1. What is the current price / NAV of Axis NIFTY IT Index Fund?

    The current NAV of Axis NIFTY IT Index Fund is ₹13.43, as of 20th June 2025.

  2. What are the returns of Axis NIFTY IT Index Fund?

    The Axis NIFTY IT Index Fund was launched on 14th July 2023. This mutual fund's past returns are as follows:
    • 1 Year Returns: 13.35%

  3. What are the top 5 sectoral holdings of Axis NIFTY IT Index Fund?

    The top sectors Axis NIFTY IT Index Fund has invested in are as follows:
    • IT Services & Consulting | 99.57%
    • Others | 0.26%
    • Investment Banking & Brokerage | 0.16%
    This data is as on 20th June 2025.

  4. What are the top 5 holdings of Axis NIFTY IT Index Fund?

    The top 5 holdings for Axis NIFTY IT Index Fund are as follows:
    • Infosys Ltd | 27.15%
    • Tata Consultancy Services Ltd | 22.14%
    • HCL Technologies Ltd | 10.84%
    • Tech Mahindra Ltd | 10.26%
    • Wipro Ltd | 7.29%
    This data is as on 20th June 2025.

  5. What is the asset allocation of Axis NIFTY IT Index Fund?

    The asset allocation for Axis NIFTY IT Index Fund is as follows:
    • Equity | 99.57%
    • Cash & Equivalents | 0.43%
    This data is as on 20th June 2025.

  6. What is the AUM of Axis NIFTY IT Index Fund?

    The AUM (i.e. assets under management) of Axis NIFTY IT Index Fund is ₹131.37 Cr as of 20th June 2025.

  7. What is the expense ratio of Axis NIFTY IT Index Fund?

    The expense ratio of Axis NIFTY IT Index Fund Plan is 0.32 as of 20th June 2025.

  8. What is the alpha ratio of Axis NIFTY IT Index Fund?

    The alpha ratio for the Axis NIFTY IT Index Fund is 1.54

    Alpha is the excess return of a fund compared to its expected return, based on its beta and the risk-free rate. Positive alpha indicates that the fund has outperformed its expected return, while negative alpha suggests underperformance.

  9. What is the volatility or standard deviation of Axis NIFTY IT Index Fund?

    The volatility or standard deviation for the Axis NIFTY IT Index Fund is 22.12

    Standard deviation measures the volatility or risk associated with the returns of a mutual fund. A higher standard deviation indicates higher volatility, suggesting that the returns of the mutual fund are more spread out from the average. On the other hand, a lower standard deviation implies lower volatility and a more stable performance.

  10. What is the sharpe ratio of Axis NIFTY IT Index Fund?

    The Sharpe ratio for the Axis NIFTY IT Index Fund is 0.46

    The Sharpe ratio is a measure of risk-adjusted return that evaluates the performance of a mutual fund, by adjusting for its risk. Higher Sharpe ratio indicates a better risk-adjusted performance. A positive Sharpe ratio indicates that the MF has provided a return in excess of the risk-free rate for the amount of risk taken. Conversely, a negative Sharpe ratio suggests that the MF did not adequately compensate for the risk.

  11. What is the Sortino ratio of Axis NIFTY IT Index Fund?

    The Sortino Ratio for the Axis NIFTY IT Index Fund is 0.05

    The Sortino ratio of a mutual fund is a measure of its risk-adjusted return, considering only downside volatility. It helps investors evaluate how well a fund is performing relative to its downside risk. A higher Sortino ratio (value >1) means the fund generates better returns for the downside risk taken.

  12. What is the Price to Earnings (PE) ratio of Axis NIFTY IT Index Fund?

    The PE ratio of Axis NIFTY IT Index Fund is 31.42, while category PE ratio is 41.28.