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  • Axis Mutual Fund
  • Axis NIFTY Bank ETF (G)
Axis Mutual Fund

Axis NIFTY Bank ETF (G)

EquityIndex Funds

530.8758

NAV (Sep 13)

18.679%
Till Date CAGR
Scripbox Opinion
Not Reviewed yet
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Investment Calculator

Investment Duration5 years

0

Total Investment

0

Wealth Gained

0

Total Corpus Created (₹)

With CAGR of 11.25 % in 5 years

Historical NAV

530.8758

NAV (Sep 13)

Fund Returns

Last 1Y
13.9%
Last 3Y
13.2%
Last 5Y
NA
Last 10Y
NA
Since Inception
18.7%
6 Month CAGR
11.4%

Scheme Information

Investment Objective

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 (0y ago)
0.19
AUM in Crores
263.9
ISIN
INF846K01X63
Lock-in
Benchmark
NIFTY Bank Total Return Index
SIP Minimum
1000
Lumpsum Min.
5000
Standard Deviation (3yr)
Standard Deviation
15.7
Beta
1
Sharpe Ratio
0.5
YTM
Fund Managers

Ashish Naik

Fund Manager

Karthik Kumar

Fund Manager

Important Links

Scheme Information Document

Statement of Additional Information

Portfolio Disclosure

Returns Calculator Comparison

of

for

with step up of

AssetReturnsTotal CorpusGainsCAGR
Axis NIFTY Bank ETF (G)70%10,15,511 2,82,89913.2%
EPF70% 9,00,761 1,68,1498.50%
Property70% 8,67,662 1,35,0507.00%
PPF70% 8,69,819 1,37,2077.10%
Bank FD70% 8,46,471 1,13,8596.00%
Gold70% 8,46,471 1,13,8596.00%
Savings Bank70% 8,25,950 93,3385.00%

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.

Asset allocation and Holdings

Last updated on 2024-09-11

Top Stock Holdings

HDFC Bank Ltd.

27.6%
27.59%

ICICI Bank Ltd.

24.1%
24.06%

State Bank of India

10.5%
10.47%

Kotak Mahindra Bank Ltd.

10.3%
10.27%

Axis Bank Ltd.

9.3%
9.29%
See all holdings

Allocation by Sector

Financial

99.71%
99.71%
See all sectors

Comparison with Equity Funds

Fund NameFund Size
Mirae Asset ELSS Tax Saver Fund (G)
Mirae Asset ELSS Tax Saver Fund (G)

₹ 26,041 cr

₹ 23,712 cr

₹ 64,222 cr

₹ 17,488 cr

₹ 50,154 cr

amc-img

About the AMC

Axis Mutual Fund

Axis Asset Management Company Ltd. is the mutual fund investment division of Axis Bank. Axis bank holds a 74.99% share in the AMC, and Schroder Singapore Holdings Private Limited owns the remaining 24%. Axis Mutual Fund (Axis MF) launched its first scheme in 2009. amc-img
phone-img022-24255161
Fund NameScripbox Opinion
Till Date CAGR

6.038%

7.007%

-

5.633%

5.672%

4.888%

6.172%

8.012%

5.958%

7.069%

Axis NIFTY Bank ETF (G) Review

Axis NIFTY Bank ETF (G) is a Equity Equity fund and has delivered an annualised return of 18.679% over a period of 3 years. The fund is managed by Axis Mutual Fund. The fund manager’s name is [object Object],[object Object].

Nav of Axis NIFTY Bank ETF (G) as of 9/13/2024 is ₹530.88 with the total AUM as of 9/16/2024 is ₹263.9435. With Scripbox you can compare and check the latest nav for all mutual funds in India. Axis NIFTY Bank ETF (G) was launched on 2020-11-05. The category risk of the fund is null.

The minimum SIP amount for Axis NIFTY Bank ETF (G) is ₹1000 and you can increase this in multiples of ₹100. In case you want to invest a lump sum, the minimum amount to be invested is ₹5000. Check your estimated returns on mutual funds by using sip calculator.

Axis NIFTY Bank ETF (G) is meant for investors with a minimum investment horizon of 5-7 years. Due to the asset class nature, expect volatility in your investments over the short term. The fund is benchmarked to NIFTY Bank Total Return Index.

Axis NIFTY Bank ETF (G) is rated as a null fund in Equity and delivered 13.884% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with Axis NIFTY Bank ETF (G).

Frequently Asked Questions

What is Axis NIFTY Bank ETF (G)?

Axis NIFTY Bank ETF (G) is a Equity Equity scheme predominantly investing across Equity instruments with an investment objective to generate wealth over the long term.

How to invest in Axis NIFTY Bank ETF (G)?

You can invest in Axis NIFTY Bank ETF (G) through AMC, intermediaries, brokers or platforms like Scripbox. To learn step by step process visit how to invest in mutual funds?

What is the minimum sip amount of Axis NIFTY Bank ETF (G)?

The minimum sip amount for Axis NIFTY Bank ETF (G) is ₹1000. You can invest in multiples of ₹5000.

Is Axis NIFTY Bank ETF (G) good to invest in?

As per Scripbox experts, Axis NIFTY Bank ETF (G) is a fund. You can investAxis NIFTY Bank ETF (G) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.

What is the expense ratio of the Axis NIFTY Bank ETF (G)?

The expense ratio of the Axis NIFTY Bank ETF (G) is 0.19% for regular plan.