• ETF
  • Axis NIFTY IT ETF (G)
Axis NIFTY IT ETF (G)

Axis NIFTY IT ETF (G)

Axis Technology ETF
EquitySectoral/ Thematic 
  • 395.18530

    NAV

  • -1.2%

    Change

Axis NIFTY IT ETF NAV

395.18530

NAV (Feb 26)

Axis NIFTY IT ETF returns

Last 1Y
25.2%
Last 3Y
NA
Last 5Y
NA
Last 10Y
NA
Since Inception
15.7%
6 Month CAGR
22.6%
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Axis NIFTY IT ETF Information

Investment Objective

To provide returns before expenses that closely correspond to the total returns of the NIFTY IT Index subject to tracking errors. However,there is no assurance or guarantee that the investment objective of the scheme will be achieved.

Low

Low to Moderate

Moderate

Moderately High

High

Very High

Very High Risk

Expense Ratio
0.22
Launched (3y ago)
Mar 25, 2021
AUM in Crores
162.359
ISIN
INF846K01Y96
Beta (5yr)
0
Sharpe Ratio (3yr)
0
Sharpe Ratio (5yr)
0
YTM
0
Fund Managers
user-avatar

Karthik Kumar

Fund Manager

user-avatar

Shreyash Devalkar

Fund Manager

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Fund Name
Till Date CAGR
Axis Dynamic Bond Fund (G)
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5.7%

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7%

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7%

6%

8%

5.2%

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Fund Name
Till Date CAGR
Axis NIFTY Bank ETF (G)
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3%

Asset allocation and Holdings

Last updated on 2024-02-26

Top 10 Stock Holdings

infosys ltd
28.3 %
tata consultancy services ltd
24.1 %
hcl technologies ltd
10.4 %
tech mahindra ltd
9.6 %
wipro ltd
7.8 %
ltimindtree ltd
5.8 %
persistent systems ltd
5 %
coforge ltd
4.4 %
mphasis ltd
2.5 %
l&t technology services ltd
1.8 %

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Axis NIFTY IT ETF (G) Review

Axis NIFTY IT ETF (G) is an Exchange Traded Fund which is benchmarked to NIFTY IT TR TR INR. Axis NIFTY IT ETF (G) is managed by the Axis Asset Management Company Limited with the fund managers being Karthik Kumar, Shreyash Devalkar. The Axis NIFTY IT ETF (G) was launched on Mar 25, 2021 with no lock-in period. Since its inception, the fund has delivered 15.7% as a return on investment. The fund has delivered a 1-year return of 25.2%, a 3-year return of null%, and a 5-year return of null%.

As on 26 Feb, 2024 the NAV of the fund is Rs 395.19 and the AUM is Rs 162.36 crores. The fund charges an expense ratio of 0.22% 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 IT 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 IT 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 IT ETF (G) with another fund in a similar category. This way you can make a well-informed investment decision.