- ETF
- Axis NIFTY Bank ETF (G)
Axis NIFTY Bank ETF (G)
₹ 530.2896
NAV
-0.8%
Change
Axis NIFTY Bank ETF (G) NAV
₹ 530.2896
NAV (Nov 28)
Axis NIFTY Bank ETF (G) returns
Last 1Y | 19% |
Last 3Y | 13.6% |
Last 5Y | - |
Last 10Y | - |
Since Inception | 17.6% |
6 Month CAGR | 5.9% |
Axis NIFTY Bank ETF (G) Information
The scheme seeks to provide returns before expenses that closely correspond to the total returns of the NIFTY Bank Index subject to tracking errors.
Expense Ratio | 0.19% |
Launched (4Y ago) | 2020-11-05 |
AUM in Crores | 239.7 |
ISIN | INF846K01X63 |
Lock-in | No Lock-in |
Benchmark | NIFTY Bank Total Return Index |
SIP Minimum | 1000 |
Lumpsum Min. | 5000 |
Fund Managers
Explore axis Mutual Funds
| Fund Name | Till Date CAGR | |
|---|---|---|
6.4% | 6.9% | |
6.3% | 7% | |
6% | 5% | |
- | 5.9% | |
- | 5.7% |
Compare similar ETF's
| Fund Name | Till Date CAGR | |
|---|---|---|
15.8% | 6.7% | |
15.4% | 9.8% | |
6.4% | 7.6% | |
6.2% | 5.8% | |
5.5% | 5.4% |
Asset allocation and Holdings
Top 10 Stock Holdings
HDFC Bank Ltd. | 27.6 % |
ICICI Bank Ltd. | 24.1 % |
State Bank of India | 10.5 % |
Kotak Mahindra Bank Ltd. | 10.3 % |
Axis Bank Ltd. | 9.3 % |
Indusind Bank Ltd. | 5.5 % |
The Federal Bank Ltd. | 2.8 % |
Bank Of Baroda | 2.7 % |
Punjab National Bank | 2.1 % |
AU Small Finance Bank Ltd. | 2.1 % |
Compare ETFs
Axis NIFTY Bank ETF (G) Review
Axis NIFTY Bank ETF (G) is an Exchange Traded Fund which is benchmarked to . Axis NIFTY Bank ETF (G) is managed by the Axis Mutual Fund with the fund managers being Ashish Naik, Karthik Kumar. The Axis NIFTY Bank ETF (G) was launched on 2020-11-05 with no lock-in period. Since its inception, the fund has delivered 17.608% as a return on investment.The fund has delivered a 1-year return of 19.048%, a 3-year return of 13.608%.
As on 28 Nov, 2024 the NAV of the fund is Rs 530.29 and the AUM is Rs 239.75 crores. The fund charges an expense ratio of 0.19% on an annual basis. You can start a SIP with an investment of a minimum of Rs 100. You can make a lumpsum investment of minimum of Rs 5000.
Since the scheme is benchmarked to , the fund is subject to very high risk and it may witness volatility in the short term. Hence, an exchange-traded fund is more suitable for an investment horizon of more than 5 years. The Axis NIFTY Bank ETF (G) has an asset allocation of 0% in equity and equity equivalents and 0% in debt securities.
Scripbox provides a unique feature through which you can compare the performance of Axis NIFTY Bank ETF (G) with another fund in a similar category. This way you can make a well-informed investment decision.