Axis Nifty Bank Index Fund Growth Return
- 1M
- 3M
- 6M
- 1Y
- 3Y
- 5Y
This Fund:
Sensex:
BankFD:
Showing Funds Performance since Sep 07, 2020
Axis Nifty Bank Index Fund Growth Fund Overview
SIP ₹100 & Lump. ₹500
₹184 Cr
N/A
1.14
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.
Nifty Bank Total Return
Axis Nifty Bank Index Fund Growth Calculate Returns
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Growth Review
| Duration | Fund Return(%) | Category Average(%) | Category Best(%) |
|---|---|---|---|
| 1M | -4.06 | -2.22 | 6.86 |
| 6M | -2.01 | 0.34 | 37.91 |
| 1Y | -3.11 | 1.80 | 46.15 |
| 3Y | 0.00 | 9.57 | 214.30 |
Portfolio Analysis
- Equity: 99.90%
- Debt: 0.11%
- Others
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 ₹184 Crore. The fund benchmarks its performance against the Nifty Bank Total Return while maintaining an expense ratio of 1.14. 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 Name | Ratings | AUM | Expense Ratio |
|---|---|---|---|
| JioBlackRock Nifty Smallcap 250 Index Fund - Growth | 0 | 404 CR | |
| Nippon India Nifty 500 Momentum 50 Index Fund Growth | 0 | 1,326 CR | 1.4 |
| Axis Nifty Bank Index Fund Growth | 0 | 184 CR | 1.14 |
| Aditya Birla Sun Life Silver ETF Growth | 0 | 2,993 CR | 0.35 |
| HDFC Silver ETF Growth | 0 | 8,312 CR | 0.58 |
| Fund Name | 1Y | 3Y |
|---|---|---|
| This FundJioBlackRock Nifty Smallcap 250 Index Fund - Growth | 0 | 0 |
| This FundNippon India Nifty 500 Momentum 50 Index Fund Growth | -0.2216 | 0 |
| This FundAxis Nifty Bank Index Fund Growth | -3.1083 | 0 |
| This FundAditya Birla Sun Life Silver ETF Growth | 41.1162 | 214.1185 |
| This FundHDFC Silver ETF Growth | 40.4033 | 214.2998 |
Axis Nifty Bank Index Fund Growth FAQs
- 1 Month : -4.06%
- 6 Months : -2.01%
- 1 Year : -3.11%
- 3 Years : 0.00%
