Axis NIFTY IT Index Fund - Growth - Direct Plan

NAV 14.02(-1.30%)
Feb 19, 2025
Axis NIFTY IT Index Fund - Growth - Direct Plan
AUM
₹140 Cr
Expense (%)
0.32
Turnover (%)
N/A
Benchmark
NIFTY 50 - TRI
Asset Quality
Large, Green
Differs from benchmark (%)
90.99

3Yr Rolling Returns(%)

Benchmark# : undefined
                                                                                                                                                            Benchmark# is
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Top 10 Holdings

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FAQ : Axis NIFTY IT Index Fund - Growth - Direct Plan

Axis NIFTY IT Index Fund - Growth - Direct Plan has delivered CAGR and average rolling returns as follows :

1 Year 3 Year 5 Year 9 Year
CAGR(%) 17.74 N/A N/A N/A
Average Rolling Returns(%) 34.47 N/A N/A N/A

The Current NAV of Axis NIFTY IT Index Fund - Growth - Direct Plan is ₹14.02.

It is better to invest in a fund with a longer track record as Axis NIFTY IT Index Fund - Growth - Direct Plan cannot be assessed for consistency of out-performance. Funds returns are more likely to be different than its benchmark NIFTY 500 returns, as Funds portfolio is significantly different.

Axis NIFTY IT Index Fund - Growth - Direct Plan fund’s expense ratio is 0.32%

The process for redemption is

  • Give a request for redemption of the number of units or the amount you want. The request will be acknowledged.
  • You will get information about the redemption and the NAV at which redeemed.
  • The amount will be deposited in the designated bank account.

The AUM of Axis NIFTY IT Index Fund - Growth - Direct Plan is currently ₹141 Crores.

The Top three stocks are Infosys, TCS and HCL Tech. and account for 62% of its portfolio. Top 5 and 10 stocks of fund account for 79% and 100% of fund’s portfolio respectively.

Top three sectors of Axis NIFTY IT Index Fund - Growth - Direct Plan fund are IT, Miscellaneous and accounting for 100% of the total portfolio.

Funds Portfolio Quality is Very Good. It has a large proportion of Green Stocks.Since this is a Index Funds - Other it is comparatively safer to invest in this fund. However, since it has not consistently outperformed its benchmark index on an average 3-year rolling returns basis it is not the most suitable fund for SIP.

The category of Axis NIFTY IT Index Fund - Growth - Direct Plan Fund is Index Funds - Other.

Karthik Kumar manages the Axis NIFTY IT Index Fund - Growth - Direct Plan Fund.

Axis NIFTY IT Index Fund - Growth - Direct Plan current PE ratio is 35.54 and PB ratio is 8.94

The asset allocation of Axis NIFTY IT Index Fund - Growth - Direct Plan is Stocks : 99.51%, Debt : 0.48% and Gold : 0%

The minimum SIP amount for Axis NIFTY IT Index Fund - Growth - Direct Plan is ₹1000.00 and minimum lumpsum is ₹100.00

The exit load for Axis NIFTY IT Index Fund - Growth - Direct Plan is 0.25% on or before 7 days, Nil after 7 days

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