Axis Nifty Bank Index Fund

Q: What are the returns of this mutual fund scheme?

The Axis Nifty Bank Index Fund is a 1 yrs 7 m old fund and has delivered average annual returns of 13.6% since inception. Axis Nifty Bank Index Fund Returns 1-Year Since Inception 12.33% 13.6%

Q: How much does this mutual fund charge as expense ratio?

The Axis Nifty Bank Index Fund has an expense ratio of 1.01% , representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

NAV as of Dec 04, 2025	Returns since inception	ET Money Rank	AUM (Fund size)
₹12.0546-0.1% 1 day change	13.6% p.a.	App exclusive #NA View Ranked Funds	₹143 Cr

Historical NAV & returns

NAV: ₹12.0546 as on Dec 04, 2025

This fund Category average

Axis Nifty Bank Index Fund overview

AUM (Fund size)	₹143 Cr
Exit load	0.25% Exit load of 0.25%, if redeemed within 7 days.!
Lock-in Period	Nil
Age	1 yrs 7 m since May 03, 2024
Benchmark	NIFTY Bank TRI
Min. investment	SIP: ₹1000 & Lumpsum: ₹1000
Expense ratio	1.01% as on Nov 30, 2025
Plan type	Regular
Risk	Very High
Short term capital gains (STCG)	Returns taxed at 20% if you redeem before 1 year
Long term capital gains (LTCG)	After 1 year, returns above ₹1.25 lakh in a financial year are taxed at 12.5%

Axis Nifty Bank Index Fund Returns calculator

Investment type

Monthly investment

₹ 10,000

Investment period

Lumpsum investment

₹1 lakh

Investment period

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.

Total investment ₹ 12 lakh
Profit ₹12 lakhs
Total corpus ₹1 lakh
Absolute return 52.69%

Trailing returns as on Dec 01, 2025

Period	This fund	Category average
1 Month	1.93%	0.81%
3 Months	9.35%	3.22%
6 Months	6.73%	1.47%
1 Year	12.33%	-1.75%

View returns in detail

Asset allocationas on Oct 31, 2025

Large Cap 84.08%

Mid Cap 15.92%

Small Cap 0%

Other Cap 0%

Top holdings

HDFC Bank Ltd.28.0%

ICICI Bank Ltd.23.03%

State Bank of India9.32%

Axis Bank Ltd.9.06%

Top sectors

Financial 100.0%

Credit quality

Bifurcation by Credit Quality is not available for this fund

Top Debt Holdings

Others 0.26%

Allocation by Instruments

CBLO 0.25907329%

Other Holdings

Bifurcation by Holding is not available for this fund

Detailed portfolio analysis

Peer comparison

Fund name	1M	6M	1Y	3Y	5Y	10Y
Axis Nifty Bank Index Fund	1.93%	6.73%	12.33%	N.A.	N.A.	N.A.
ICICI Prudential BHARAT 22 FOF	-0.41%	6.72%	1.55%	26.08%	30.52%	13.18%
Motilal Oswal Nifty Bank Index Fund	1.94%	6.76%	12.3%	10.85%	14.6%	7.56%
Edelweiss MSCI India Domestic & World Healthcare 45 Index Fund	2.97%	11.6%	6.96%	18.36%	14.36%	7.68%
Motilal Oswal Nifty MidSmall Financial Services Index Fund	4.48%	14.94%	30.48%	10.02%	5.9%	2.91%

Fund name	Std. deviation	Beta	Sharpe	Sortino
Axis Nifty Bank Index Fund	N.A.	N.A.	N.A.	N.A.
ICICI Prudential BHARAT 22 FOF	16.68	1.13	1.12	1.83
Motilal Oswal Nifty Bank Index Fund	12.7	0.99	0.41	0.84
Edelweiss MSCI India Domestic & World Healthcare 45 Index Fund	12.46	0.69	0.94	1.74
Motilal Oswal Nifty MidSmall Financial Services Index Fund	N.A.	N.A.	N.A.	N.A.

Fund name	ETM Rank	AUM	Fund age	Expense ratio
Axis Nifty Bank Index Fund	N.A.	143 Cr	1 yrs 7 m	1.01%
ICICI Prudential BHARAT 22 FOF	N.A.	2,454 Cr	7 yrs 5 m	0.13%
Motilal Oswal Nifty Bank Index Fund	N.A.	647 Cr	6 yrs 3 m	0.99%
Edelweiss MSCI India Domestic & World Healthcare 45 Index Fund	N.A.	168 Cr	5 yrs 2 m	1.06%
Motilal Oswal Nifty MidSmall Financial Services Index Fund	N.A.	55 Cr	1 yrs 1 m	1.13%

View all Other Equity Index funds

Key risk & return ratios Compared to other funds in the category

Risk ratios are based on three-year data. The required data is unavailable for the scheme.

Compare Axis Nifty Bank Index Fund in detail with

About this fund

About Axis Nifty Bank Index Fund

Axis Nifty Bank Index Fund is a Other Equity Index mutual fund scheme from Axis Mutual Fund. This fund has been in existence for 1 yrs 7 m, having been launched on 03/05/2024. Axis Nifty Bank Index Fund has ₹143 Crores worth of assets under management (AUM) as on 31/10/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of Axis Nifty Bank Index Fund as of 04/12/2025 is ₹12.05. The fund has an expense ratio of 1.01%, which is higher than what most other Other Equity Index funds charge.

Axis Nifty Bank Index Fund returns of last 1-year are 11.16%. Since launch, it has delivered 12.98% average annual returns.
The fund has the majority of its money invested in Financial sectors. It has taken less exposure in Financial sectors compared to other funds in the category.
The fund's top 5 holdings are in HDFC Bank Ltd., ICICI Bank Ltd., State Bank of India, Axis Bank Ltd., Kotak Mahindra Bank Ltd..

...

Fund AUM	143 Cr as on Oct 31, 2025
Scheme document	View Scheme Document

Fund managers

Karthik Kumar

Mr. Kumar has done M.B.A, C.F.A, (USA) & B.E (Mechanical) Prior to joining Axis Mutual Fund he has worked with SilverTree Hong Kong and Asiya Investment, Hong Kong

Investment objective

The scheme seeks to provide returns before expenses that corresponds to the total returns of the Nifty Bank TRI subject to tracking errors.

Axis Mutual Fund details

No. of schemes	70 view all schemes
Total AUM	3,54,362 Cr as on Sep 30, 2025
Address	23rd Floor, One Lodha Place, S. B. Road, Lower Parel. Mumbai, 400013
Phone	022-24255161

More funds from Axis Mutual Fund

Fund name	ETM Rank	AUM	1Y	5Y
Axis Small Cap Fund	N.A.	27,066 Cr	-1.74%	22.71%
Axis US Specific Equity Passive FoF	N.A.	196 Cr	26.18%	N.A.
Axis Midcap Fund	N.A.	32,069 Cr	2.13%	19.07%
Axis Large & Mid Cap Fund	N.A.	15,453 Cr	2.79%	18.75%
Axis Nifty Midcap 50 Index Fund	N.A.	518 Cr	7.75%	N.A.
Axis Global Equity Alpha FoF	N.A.	1,245 Cr	23.02%	15.36%

See all Equity funds from this AMC

Frequently asked questions

What is the current NAV of Axis Nifty Bank Index Fund?

The current Net Asset Value (NAV) of the Axis Nifty Bank Index Fund plan is approximately ₹12.0546 as of Dec 04, 2025.

What are the returns of this mutual fund scheme?

The Axis Nifty Bank Index Fund is a 1 yrs 7 m old fund and has delivered average annual returns of 13.6% since inception.

Axis Nifty Bank Index Fund Returns

1-Year	Since Inception
12.33%	13.6%

How much does this mutual fund charge as expense ratio?

The Axis Nifty Bank Index Fund has an expense ratio of 1.01%, representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

What is the AUM or fund size of this mutual fund?

The Axis Nifty Bank Index Fund currently has assets under management (AUM) or fund size valued at approximately 143 Cr as on Oct 31, 2025.

What are the top stock holdings of Axis Nifty Bank Index Fund?

The Axis Nifty Bank Index Fund has invested the majority of its money in the stocks of the following companies -

Company	Percentage of Portfolio
HDFC Bank Ltd.	28.0%
ICICI Bank Ltd.	23.03%
State Bank of India	9.32%
Axis Bank Ltd.	9.06%
Kotak Mahindra Bank Ltd.	8.94%
The Federal Bank Ltd.	3.57%
IDFC First Bank Ltd.	3.31%
Indusind Bank Ltd.	3.2%
Bank Of Baroda	3.14%
AU Small Finance Bank Ltd.	3.02%

What are the top sectors Axis Nifty Bank Index Fund has invested in?

The Axis Nifty Bank Index Fund has primarily invested in the following sectors

Sector	Percentage of Portfolio
Financial	100.0%

What is risk level of Axis Nifty Bank Index Fund?

This is a Other Equity Index fund comes with Very High risk.

Is there any lock-in period in this mutual fund?

No, this fund does not have any lock-in period.

How can I redeem my investments in Axis Nifty Bank Index Fund?

Redeeming your investments in the Axis Nifty Bank Index Fund is simple. If you have invested via ET Money, just log in to the app, go to the holdings section, and submit the redemption request.

If you have invested from anywhere else, you can go to the fund house website and put a request through it.

ET Money rank

App exclusive

in Other Equity Index

#NA

Return Outperformance: This fund has generated highest return amongst Other Equity Index funds in the last 1 Year.
Return/Risk: The fund is performing poorly than its category.
Exit Load: Exit load of 0.25%, if redeemed within 7 days.