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  • Axis Nifty IT Index Fund (Growth)
Axis Mutual Fund

Axis Nifty IT Index Fund (Growth)

EquityIndex Funds

10.8853

NAV (Sep 25)

8.9%
Till Date CAGR
Scripbox Opinion
Not Reviewed yet
Our analysis of this fundLearn how we rate funds ->

Fund Size

Outperformance Consistency

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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

10.8853

NAV (Sep 25)

Fund Returns

Last 1Y
NA
Last 3Y
NA
Last 5Y
NA
Last 10Y
NA
Since Inception
8.9%
6 Month CAGR
NA

Scheme Information

Investment Objective

To provide returns before expenses that corresponds to the total returns of the NIFTY IT TRI subject to tracking errors. However,there can be no assurance or guarantee that the investment objective of the Scheme will be achieved.

Expense Ratio
1
Launched (0y ago)
Jul 14, 2023
AUM in Crores
76.557
ISIN
INF846K010S6
Lock-in
No Lock-in
Benchmark
NIFTY IT TRI 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

Hitesh Das

Fund Manager

Returns Calculator Comparison

of

for

with step up of

AssetReturnsTotal CorpusGainsCAGR
Axis Nifty IT Index Fund (Growth)70%NaN NaN%
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 2023-09-25

Top Stock Holdings

infosys ltd

27.7%
27.7%

tata consultancy services ltd shs dematerialised

24.7%
24.7%

tech mahindra ltd

9.6%
9.6%

wipro ltd

9.1%
9.1%

hcl technologies ltd

8.9%
8.9%
See all holdings

Allocation by Sector

technology

99.6%
99.6%
See all sectors

Comparison with Equity Funds

Fund NameFund SizeOutperformance Consistency
Mirae Asset Tax Saver Fund (G)
Mirae Asset Tax Saver Fund (G)

₹ 17,630 cr

₹ 11,197 cr

₹ 11,862 cr

₹ 10,089 cr

₹ 9,392 cr

About the AMC

Axis Asset Management Company Limited

Axis Asset Management Company Limited manages assets worth 268,870 crores and was set up on 13 January 2009. It's current offering of mutual fund schemes includes 30 equity,107 debt and 32 hybrid funds.amc-img
022-43255161
customerservice@axismf.com
Fund NameScripbox Opinion
Till Date CAGR

4.8%

7.9%

4.7%

7%

5.9%

8%

4.8%

7.5%

5.9%

7%

Axis Nifty IT Index Fund (G) Review

Axis Nifty IT Index Fund (G) is a Index Funds Equity fund and has delivered an annualised return of 8.9% over a period of 0 years. The fund is managed by Axis Asset Management Company Limited. The fund manager’s name is Hitesh Das.

Nav of Axis Nifty IT Index Fund (G) as of 9/25/2023 is ₹10.89 with the total AUM as of 9/26/2023 is ₹76.557. With Scripbox you can compare and check the latest nav for all mutual funds in India. Axis Nifty IT Index Fund (G) was launched on Jul 14, 2023. The category risk of the fund is Very High Risk.

The minimum SIP amount for Axis Nifty IT 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 IT 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 IT TRI TR INR.

Axis Nifty IT 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 IT Index Fund (G).

Frequently Asked Questions

What is Axis Nifty IT Index Fund (G)?

Axis Nifty IT Index Fund (G) is a Index Funds Equity scheme predominantly investing across Equity instruments with an investment objective to generate wealth over the long term.

How to invest in Axis Nifty IT Index Fund (G)?

You can invest in Axis Nifty IT 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 IT Index Fund (G)?

The minimum sip amount for Axis Nifty IT Index Fund (G) is ₹0. You can invest in multiples of ₹5000.

Is Axis Nifty IT Index Fund (G) good to invest in?

As per Scripbox experts, Axis Nifty IT Index Fund (G) is a Not Reviewed Yet fund. You can investAxis Nifty IT 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 IT Index Fund (G)?

The expense ratio of the Axis Nifty IT Index Fund (G) is 1% for regular plan.