NAV (Dec 5)
6 Month CAGR
The investment objective of the Scheme is to provide returns before expenses that closely correspond to the total returns of the NIFTY Healthcare Index subject to tracking errors. However,there is no assurance or guarantee that the investment objective of the scheme will be achieved.
Low to Moderate
Very High Risk
Launched (2y ago)
May 17, 2021
AUM in Crores
Sharpe Ratio (3yr)
Sharpe Ratio (5yr)
sun pharmaceuticals industries ltd
dr reddy's laboratories ltd
apollo hospitals enterprise ltd
divi's laboratories ltd
max healthcare institute ltd ordinary shares
aurobindo pharma ltd
alkem laboratories ltd
torrent pharmaceuticals ltd
Axis NIFTY Healthcare ETF (G) is an Exchange Traded Fund which is benchmarked to NIFTY Healthcare TR TR INR. Axis NIFTY Healthcare ETF (G) is managed by the Axis Asset Management Company Limited with the fund managers being Karthik Kumar, Shreyash Devalkar. The Axis NIFTY Healthcare ETF (G) was launched on May 17, 2021 with no lock-in period. Since its inception, the fund has delivered 9.1% as a return on investment. The fund has delivered a 1-year return of 24.6%, a 3-year return of null%, and a 5-year return of null%.
As on 5 Dec, 2023 the NAV of the fund is Rs 104.55 and the AUM is Rs 14.09 crores. The fund charges an expense ratio of 0.24% 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 NIFTY Healthcare TR TR INR, 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 Healthcare 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 Healthcare ETF (G) with another fund in a similar category. This way you can make a well-informed investment decision.