- Mutual Funds
- Axis Mutual Fund
- Axis Nifty Bank Index Fund (Growth)
Axis Nifty Bank Index Fund (Growth)
₹ 10.3739
NAV (Jul 25)
Investment Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsHistorical NAV
₹ 10.3739
NAV (Jul 25)
Fund Returns
Last 1Y | NA |
Last 3Y | NA |
Last 5Y | NA |
Last 10Y | NA |
Since Inception | 3.7% |
6 Month CAGR | NA |
Scheme Information
To provide returns before expenses that corresponds to the total returns of the Nifty Bank TRI subject to tracking errors. However,there is no assurance that the investment objective of the Scheme will be achieved.
Expense Ratio | 1 |
Launched (0y ago) | May 29, 2024 |
AUM in Crores | 121.087 |
ISIN | INF846K012W4 |
Lock-in | No Lock-in |
Benchmark | Nifty Bank TR INR |
SIP Minimum | 0 |
Lumpsum Min. | 5000 |
Standard Deviation (3yr) | 0 |
Standard Deviation (5yr) | 0 |
Beta (3yr) | 0 |
Beta (5yr) | 0 |
Sharpe Ratio (3yr) | 0 |
Sharpe Ratio (5yr) | 0 |
YTM | 0 |
Fund Managers
Returns Calculator Comparison
of
for
with step up of
| Asset | Returns | Total Corpus | Gains | CAGR |
|---|---|---|---|---|
| Axis Nifty Bank Index Fund (Growth) | NaN | NaN | % | |
| EPF | 9,00,761 | 1,68,149 | 8.50% | |
| Property | 8,67,662 | 1,35,050 | 7.00% | |
| PPF | 8,69,819 | 1,37,207 | 7.10% | |
| Bank FD | 8,46,471 | 1,13,859 | 6.00% | |
| Gold | 8,46,471 | 1,13,859 | 6.00% | |
| Savings Bank | 8,25,950 | 93,338 | 5.00% |
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
Top Stock Holdings
hdfc bank ltd
28.3%icici bank ltd
23.4%state bank of india
10.1%kotak mahindra bank ltd
10.1%axis bank ltd
10%Allocation by Sector
financial services
99.6%Comparison with Equity Funds
| Fund Name | Fund Size | Outperformance Consistency |
|---|---|---|
₹ 21,459 cr | ||
₹ 16,283 cr | ||
₹ 24,345 cr | ||
₹ 59,364 cr | ||
₹ 45,470 cr |
About the AMC
Axis Asset Management Company Limited
| Fund Name | Scripbox Opinion | Till Date CAGR | |
|---|---|---|---|
5.4% | 7.9% | ||
5.9% | 7% | ||
6.1% | 8% | ||
5.9% | 7% | ||
- | 5.4% |
Axis Nifty Bank Index Fund (G) Review
Axis Nifty Bank Index Fund (G) is a Index Funds Equity fund and has delivered an annualised return of 5.6% over a period of 0 years. The fund is managed by Axis Asset Management Company Limited. The fund managers are Ashish Naik, Karthik Kumar.
Nav of Axis Nifty Bank Index Fund (G) as of 7/25/2024 is ₹10.37 with the total AUM as of 7/26/2024 is ₹121.087. With Scripbox you can compare and check the latest nav for all mutual funds in India. Axis Nifty Bank Index Fund (G) was launched on May 29, 2024. The category risk of the fund is Very High Risk.
The minimum SIP amount for Axis Nifty Bank Index Fund (G) is ₹0 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 Index Fund (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 TR INR.
Axis Nifty Bank Index Fund (G) is rated as a 0 fund in Equity and delivered null% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with Axis Nifty Bank Index Fund (G).
Frequently Asked Questions
What is Axis Nifty Bank Index Fund (G)?
How to invest in Axis Nifty Bank Index Fund (G)?
You can invest in Axis Nifty Bank Index Fund (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 Index Fund (G)?
The minimum sip amount for Axis Nifty Bank Index Fund (G) is ₹0. You can invest in multiples of ₹5000.
Is Axis Nifty Bank Index Fund (G) good to invest in?
As per Scripbox experts, Axis Nifty Bank Index Fund (G) is a Not Reviewed Yet fund. You can investAxis Nifty Bank Index Fund (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 Index Fund (G)?
The expense ratio of the Axis Nifty Bank Index Fund (G) is 1% for regular plan.