

Axis Nifty Bank Index Fund Direct Growth
Very High Risk
Equity
NAV as of May 02, 2025
₹11.28
0.05%1D Change
Returns since inception
13.87%p.a.
Very High Risk
Equity
NAV as of May 02, 2025
₹11.28
0.05%1D Change
Returns since inception
13.87%p.a.

Axis Nifty Bank Index Fund Direct Growth
Very High Risk|Equity
NAV as of May 02, 2025
₹11.28
0.05%1D
Returns since inception
13.87%p.a.
Returns calculator
Investment Type
Monthly SIP
One-Time
₹
yrs
Total investment₹9.6 Lakhs
Profit₹0
Final Value₹0
Absolute returnNaN%
Fund overview
- RatingNo Rating
- Expense ratio0.18%
- Exit Load0.25% within 7 days
- AUM (Fund size)₹121.79 Crore
- Lock-in periodNo Lock-in
- Age0 yrs since May 29, 2024
- Min. investmentSIP ₹100 & Lump. ₹500
- RiskVery 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
Fund Distribution
Top Holdings
Top Sectors
Holding Name | Assets (%) |
---|---|
HDFC Bank Ltd | 28.16% |
ICICI Bank Ltd | 25.29% |
Kotak Mahindra Bank Ltd | 8.5% |
State Bank of India | 8.47% |
Axis Bank Ltd | 8.37% |
Peer Comparison
Overview
Returns
Risk Ratios
Fund Name | AUM (In Crs.) | NAV | Risk |
---|---|---|---|
DSP Nifty 50 Equal Weight... | ₹ 724 Cr | ₹19.31 | 1.02% | Very High |
Motilal Oswal Nifty Bank ... | ₹ 594 Cr | ₹20.29 | 0.05% | Very High |
ICICI Prudential BSE Sens... | ₹ 1,806 Cr | ₹26.57 | 0.36% | Very High |
Nippon India Index BSE Fu... | ₹ 839 Cr | ₹43.12 | 0.32% | Very High |
NAV History - Axis Nifty Bank Index Fund - Direct Plan - Growth
FUND | Axis Nifty Bank Index Fund - Direct Plan - Growth |
---|---|
NAV (May 02, 2025) | ₹11.28 |
Class | Equity | Other |
Inception Date | May 29, 2024 |
Fund Manager | Karthik Kumar |
FUND | Axis Nifty Bank Index Fund - Direct Plan - Growth |
---|---|
Initial Price | ₹10 |
Min. Investment Amount | SIP ₹100 and Lump. ₹500 |
Exit Load | 0.25% within 7 days |
Returns | 1W | 1M | 3M | 6M | 1Y | 3Y |
---|---|---|---|---|---|---|
Axis Nifty Bank Inde... | 0.82% | 7.32% | 11.12% | 7.07% | null% | null% |
About Axis Asset Management Company Limited
Axis Mutual Fund was established in October 2009 after registering with SEBI or the Securities and Exchange Board of India. Axis Bank holds 75% of the share in the asset management company while Schroder Singapore holds the remaining 25%. Axis Mutual Fund has Axis Bank Limited as the sponsor and Axis Mutual Fund Trustee Limited as the trustee.
Axis Asset Management Company Limited Details
- No. of schemes157
- Total AUM₹196,548.66 Crore
- AddressAxis Asset Management Company Ltd., Axis House, 1st Floor, C-2, Wadia International Centre, Mumbai, Maharashtra, 400 025
- Phone+91 22 43255161
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Estimated value after 3 years
(as per historical returns)
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Min investment of ₹100 required