Axis Nifty Bank Index Fund Direct Growth
3Y Annualised
N/A
0.01% 1D
Fund Performance
Fund Multiplier
Fund Info
Peer Comparison
Fund Managers
AMC Details
Performance
1M Returns
-2.63%
0.01% 1D
Benchmark
N/A
Fund Multiplier
Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)
NA
6 years 5 months
9 years 7 months
Fund info
Fund size
₹121.79 Cr
Min. SIP amount
₹100
Min. Lumpsum amount
₹500
Exit load
0%
if redeemed/ switched out within 7 days from the date of allotment/ Investment 0.25%. if redeemed/ switched out after 7 days from the date of allotment/ Investment - Nil.
Risk Profile
Very High Risk
This Fund's Performance Compared With Peers
Over the Period of oneMonth
1st
Edelweiss Nifty Smallcap 250 Index Fund Regular Payout Inc Dist cum Cap Wdrl
2nd
IDBI Nifty 50 Index Fund Direct Growth
3rd
IDBI Nifty 50 Index Fund Direct Payout of Income Distribution cum Cap Wdrl
4th
IDBI Nifty 50 Index Fund Direct Reinvestment of Income Distribution cum Cap Wdrl
5th
IDBI Nifty 50 Index Growth
91st
Axis Nifty Bank Index Fund Direct Growth
Fund Managers
About Axis Nifty Bank Index Fund Direct Growth
Axis Nifty Bank Index Fund Direct Growth is a Equity mutual fund scheme from Axis Asset Management Company Limited. This fund has been in existence for 0 years, having been launched on 2024-05-29. Axis Nifty Bank Index Fund Direct Growth has ₹121.79 Cr worth of assets under management (AUM) as of Fri Mar 14 2025. The latest Net Asset Value (NAV) of Axis Nifty Bank Index Fund Direct Growth as of Thu Mar 13 2025 is ₹9.837. The fund has an expense ratio of 0.18%, which is medium comparable to most other Equity funds.
Axis Nifty Bank Index Fund Direct Growth returns for the last 1 year are NA%. Since launch, it has delivered -0.67% average annual returns.
The Axis Nifty Bank Index Fund Direct Growth has the majority of its money invested in Financial Services sectors.
Top 5 Holdings of Axis Nifty Bank Index Fund Direct Growth.
- HDFC Bank Ltd: 28.95%
- ICICI Bank Ltd: 24.74%
- Kotak Mahindra Bank Ltd: 9.88%
- Axis Bank Ltd: 8.54%
- State Bank of India: 7.72%
AMC Information
| Name | Axis Asset Management Company Limited |
|---|---|
| Founding Date | 2024-05-29 |
| customerservice@axismf.com | |
| Phone | +91 22 43255161 |
| Website | www.axismf.com |
| Address | Axis Asset Management Company Ltd.,Axis House, 1st Floor, C-2, Wadia International Centre,,Pandurang Budhkar Marg, Worli, |
Tax Implications of Axis Nifty Bank Index Fund Direct Growth
| Short Term Gains | 20% + applicable Surcharge + 4% Cess |
|---|---|
| Long Term Gains | 12.5% without indexation + applicable Surcharge + 4% Cess |
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FAQs
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