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Axis Nifty Bank Index Fund Growth Return

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  • 1Y
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  • 5Y
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Showing Funds Performance since Sep 07, 2020

Axis Nifty Bank Index Fund Growth Fund Overview

Min. investment

SIP ₹100 & Lump. ₹500

AUM (Fund size)

₹159 Cr

Lock In Period

N/A

Expense Ratio

1.04

Exit Load

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.

Benchmark

Nifty Bank Total Return

Summary

Axis Nifty Bank Index Fund Growth NAV is ₹11.5048 as of 13 Jun, 2026. Axis Nifty Bank Index Fund Growth has delivered 0.00% returns since its launch. The minimum SIP investment amount in Axis Nifty Bank Index Fund Growth is ₹100. The AUM of Axis Nifty Bank Index Fund Growth is ₹159 Cr. The expense ratio of the fund is 1.04%, and its benchmark is Nifty Bank Total Return. The current exit load of the fund is 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.. In the last 1M months, Axis Nifty Bank Index Fund Growth has delivered 1.43% returns.

Axis Nifty Bank Index Fund Growth Calculate Returns

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Growth Review

DurationFund Return(%)Category Average(%)Category Best(%)
1M1.43-1.057.14
6M-7.160.8633.34
1Y-2.523.61117.46
3Y0.0014.24207.19

Portfolio Analysis

  • Equity: 100.23%
  • Debt: -0.23%
  • Others
As on: 2026-04-30
View allocation % by

1. HDFC Bank Limited18.41%
2. ICICI Bank Limited13.58%
3. Axis Bank Limited10.04%
4. Kotak Mahindra Bank Limited9.70%
5. The Federal Bank Limited6.28%
6. IndusInd Bank Limited5.36%
7. AU Small Finance Bank Limited4.98%
8. IDFC First Bank Limited4.13%
9. Yes Bank Limited3.13%

1. State Bank of India9.96%
2. Bank of Baroda4.35%
3. Canara Bank4.06%
4. Punjab National Bank3.38%
5. Union Bank of India2.87%

About Fund Axis Nifty Bank Index Fund Growth

Axis Nifty Bank Index Fund Growth managed by Axis Mutual Fund,is a Equity - Index Fundscheme with Assets Under Management of ₹159 Crore. The fund benchmarks its performance against the Nifty Bank Total Return while maintaining an expense ratio of 1.04. Under the expert guidance of Nandik Mallik ,the fund implements a disciplined investment approach aligned with its mandate. The scheme requires a minimum investment of ₹500 for SIP and ₹1,000 for lump sum investments, making it accessible to diverse investor profiles.

Fund Managers

Nandik Mallik

Mr. Nandik Mallik holds B.Tech degree and has also done PGDM (IIM Calcutta) and MS- Finance (London Business School). Prior to joining the Axis MF, he was working with Avendus Capital Public Markets Alternate Strategies LLP, ICICI Prudential Asset Management Company Ltd, Edelweiss AMC, DC India Capital, Credit-Suisse (London), BNP Paribas (London), NM Rothschild (Mumbai) and Fair Isaac (Bangalore).

Peer Comparison

Fund NameRatingsAUMExpense Ratio
Kotak Nifty Next 50 ETF Growth015.44 CR0.07
Zerodha Nifty 50 ETF Growth061.65 CR
Axis Nifty Bank Index Fund Growth0158.62 CR1.04
ICICI Prudential Silver ETF Growth015985.7 CR0.4
Axis Silver ETF Growth02163.42 CR0.42
Fund Name1Y3Y
This FundKotak Nifty Next 50 ETF Growth00
This FundZerodha Nifty 50 ETF Growth00
This FundAxis Nifty Bank Index Fund Growth-2.51590
This FundICICI Prudential Silver ETF Growth117.4611207.077
This FundAxis Silver ETF Growth116.7562207.185

Axis Nifty Bank Index Fund Growth FAQs

Axis Nifty Bank Index Fund Growth's fund is managed by experienced SEBI-registered investment fund manager , who implements the fund's strategy through research-backed decisions while adhering to its stated objectives.

The expense ratio of Axis Nifty Bank Index Fund Growth is 1.04. This expense ratio is calculated by dividing the fund's operating expenses by its net assets.

Axis Nifty Bank Index Fund Growth’s fund performance is as follows:
  • 1 Month : 1.43%
  • 6 Months : -7.16%
  • 1 Year : -2.52%
  • 3 Years : 0.00%
Returns of Axis Nifty Bank Index Fund Growth are updated daily based on NAV of ₹ 11.5048 as on Jun 12,2026. Since inception, the return has been 0.00%.

You can invest in Axis Nifty Bank Index Fund Growth through SIP with a minimum of ₹500 monthly or make a lump sum investment of a minimum ₹1,000. Additional purchase minimums vary by scheme.

The fund size (AUM) of Axis Nifty Bank Index Fund Growth is ₹159 crore. It changes based on market performance, inflows, and outflows.

You can track your investment in Axis Nifty Bank Index Fund Growth through our website, our Choice FinX mobile app, regular statements, and email updates. Our customer support team is available for queries.