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 | -5.06 | -2.39 | 3.79 |
| 6M | 8.78 | 1.56 | 46.19 |
| 1Y | -0.44 | 2.23 | 56.38 |
| 3Y | 0.00 | 9.58 | 200.69 |
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 |
|---|---|---|---|
| DSP Nifty Next 50 ETF Growth | 0 | 9 CR | |
| JioBlackRock Nifty 50 ETF - Growth | 0 | 79 CR | |
| Axis Nifty Bank Index Fund Growth | 0 | 184 CR | 1.14 |
| HDFC Silver ETF Growth | 0 | 8,312 CR | 0.58 |
| Axis Silver ETF Growth | 0 | 2,068 CR | 0.42 |
| Fund Name | 1Y | 3Y |
|---|---|---|
| This FundDSP Nifty Next 50 ETF Growth | 0 | 0 |
| This FundJioBlackRock Nifty 50 ETF - Growth | 0 | 0 |
| This FundAxis Nifty Bank Index Fund Growth | -0.4421 | 0 |
| This FundHDFC Silver ETF Growth | 53.4026 | 199.5158 |
| This FundAxis Silver ETF Growth | 53.9436 | 200.6906 |
Axis Nifty Bank Index Fund Growth FAQs
- 1 Month : -5.06%
- 6 Months : 8.78%
- 1 Year : -0.44%
- 3 Years : 0.00%
