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NAV as of Apr 23, 2025 | Returns since inception | ET Money Rank | VRO Ratings |
---|---|---|---|
₹12.1206+4.33% 1 day change | 8.68% p.a. | N.A. |
VRO rating | N.A. |
Expense ratio | 0.32% as on Mar 31, 2025 |
Exit load | 0.25% Exit load of 0.25%, if redeemed within 7 days.! |
AUM (Fund size) | ₹126 Crs |
Lock-in | No Lockin |
Age | 1 yrs 9 m since Jun 27, 2023 |
Benchmark | NIFTY IT TRI |
Min. investment | SIP ₹500 & Lump. ₹5000 |
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, pay tax of 12.5% on returns of ₹1.25 lakh+ in a financial year |
Period | This fund | Category average |
---|---|---|
1 month | -4.89% | 3.27% |
3 months | -18.71% | 3.85% |
6 months | -15.33% | -0.69% |
1 year | 7.7% | 9.93% |
Large Cap 83.436684%
Mid Cap 16.583315999999996%
Small Cap 0.0%
Other Cap 0.0%
Technology 100.03999999999999%
Bifurcation by Credit Quality is not available for this fund
Others 0.27%
CBLO 0.27322609%
Bifurcation by Holding is not available for this fund
Fund name | ETM Rank | AUM (in Crs.) | Fund age | Expense ratio |
---|---|---|---|---|
Axis Nifty IT Index Fund | N.A. | ₹126 Crs | 1 yrs 9 m | 0.32% |
Motilal Oswal Nifty Bank Index Fund | N.A. | ₹594 Crs | 5 yrs 8 m | 0.33% |
Kotak Nifty Financial Services Ex-Bank Index Fund | N.A. | ₹44 Crs | 1 yrs 9 m | 0.23% |
ICICI Prudential Nifty Auto Index Fund | N.A. | ₹132 Crs | 2 yrs 7 m | 0.43% |
ICICI Prudential Nifty Pharma Index Fund | N.A. | ₹81 Crs | 2 yrs 4 m | 0.39% |
Tata Nifty MidSmall Healthcare Index Fund | N.A. | ₹133 Crs | 1 yrs | 0.47% |
Fund name | 1M | 6M | 1Y | 3Y | 5Y | 10Y |
---|---|---|---|---|---|---|
Axis Nifty IT Index Fund | -4.89% | -15.33% | 7.7% | N.A. | N.A. | N.A. |
Motilal Oswal Nifty Bank Index Fund | 7.05% | 7.36% | 15.64% | 16.05% | 23.26% | 7.23% |
Kotak Nifty Financial Services Ex-Bank Index Fund | 6.13% | 8.29% | 19.78% | 13.62% | 7.96% | 3.91% |
ICICI Prudential Nifty Auto Index Fund | 2.19% | -7.97% | 2.68% | 21.13% | 12.19% | 5.92% |
ICICI Prudential Nifty Pharma Index Fund | -0.15% | -3.56% | 17.0% | 19.04% | 11.03% | 5.37% |
Tata Nifty MidSmall Healthcare Index Fund | 1.29% | 1.47% | 22.16% | 6.9% | 4.08% | 2.02% |
Fund name | Std. deviation | Beta | Sharpe | Sortino |
---|---|---|---|---|
Axis Nifty IT Index Fund | N.A. | N.A. | N.A. | N.A. |
Motilal Oswal Nifty Bank Index Fund | 14.69 | 0.98 | 0.49 | 1.09 |
Kotak Nifty Financial Services Ex-Bank Index Fund | N.A. | N.A. | N.A. | N.A. |
ICICI Prudential Nifty Auto Index Fund | N.A. | N.A. | N.A. | N.A. |
ICICI Prudential Nifty Pharma Index Fund | N.A. | N.A. | N.A. | N.A. |
Tata Nifty MidSmall Healthcare Index Fund | N.A. | N.A. | N.A. | N.A. |
Risk ratios are based on three-year data. The required data is unavailable for the scheme.
Fund AUM | ₹126 Crs as on Mar 31, 2025 |
Scheme document | View Scheme Document |
The scheme seeks to provide returns before expenses that corresponds to the total returns of the NIFTY IT TRI subject to tracking errors.
No. of schemes | 68 view all schemes |
Total AUM | ₹3,22,861 Crs as on Mar 31, 2025 |
Address | 23rd Floor, One Lodha Place, S. B. Road, Lower Parel. Mumbai, 400013 |
Phone | 022-24255161 |
Fund name | ETM Rank | AUM (in Crs.) | 1Y | 5Y |
---|---|---|---|---|
Axis Small Cap Fund | N.A. | ₹22,736 Crs | 12.14% | 32.79% |
Axis Growth Opportunities Fund | N.A. | ₹13,321 Crs | 10.13% | 26.91% |
Axis Midcap Fund | N.A. | ₹28,063 Crs | 13.01% | 26.56% |
Axis Nifty 100 Index Fund | N.A. | ₹1,715 Crs | 8.55% | 22.59% |
Axis Flexi Cap Fund | N.A. | ₹12,040 Crs | 12.06% | 20.32% |
Axis ELSS Tax Saver Fund | N.A. | ₹34,176 Crs | 9.87% | 19.57% |
The current Net Asset Value (NAV) of the Axis Nifty IT Index Fund - Direct Growth plan is approximately ₹12.1206 as of Apr 23, 2025.
The Axis Nifty IT Index Fund is a 1 yrs 9 m old fund and has delivered average annual returns of 8.68% since inception.
1-Year | Since Inception |
---|---|
7.7% | 8.68% |
The Axis Nifty IT Index Fund - Direct Growth has an expense ratio of 0.32%, which reflects the fund's management and operating costs. This percentage is subtracted from the fund's annual returns, impacting net returns for investors.
The Axis Nifty IT Index Fund currently has assets under management (AUM) or fund size valued at approximately ₹126 Crs crore as of Mar 31, 2025.
The Axis Nifty IT Index Fund has invested the majority of its money in the stocks of the following companies -
Company | Percentage of Portfolio |
---|---|
Infosys Ltd. | 27.7% |
Tata Consultancy Services Ltd. | 23.43% |
HCL Technologies Ltd. | 10.75% |
Tech Mahindra Ltd. | 9.42% |
Wipro Ltd. | 7.8% |
Persistent Systems Ltd. | 6.15% |
Coforge Ltd. | 5.65% |
LTIMindtree Ltd. | 4.35% |
Mphasis Ltd. | 2.98% |
Oracle Financial Services Software Ltd. | 1.81% |
The Axis Nifty IT Index Fund has primarily invested in the following sectors
Sector | Percentage of Portfolio |
---|---|
Technology | 100.03999999999999% |
This is a Other Equity Index fund comes with Very High risk.
No, this fund does not have any lock-in period.
It is very fast, easy, and completely paperless in this mutual fund scheme on ET Money. It is just a matter of a few minutes. Here's how:
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All set! Your investment in Axis Nifty IT Index Fund is complete.
Redeeming your investments in Axis Nifty IT Index Fund is super easy. If you have invested in this fund via ET Money, just login into the app, go to the investment section and put the redemption request.
If you have invested in Axis Nifty IT Index Fund from anywhere else, you can go to the fund house website and put a request through it.