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

Min. investment

SIP ₹100 & Lump. ₹500

AUM (Fund size)

₹183 Cr

Lock In Period

N/A

Expense Ratio

1.14

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

Axis Nifty Bank Index Fund Growth Calculate Returns

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Growth Review

DurationFund Return(%)Category Average(%)Category Best(%)
1M-0.55-0.5613.26
6M-4.771.4533.71
1Y4.615.1699.91
3Y0.0012.85220.25

Portfolio Analysis

  • Equity: 99.58%
  • Debt: 0.42%
  • Others
As on: 2026-06-30
View allocation % by

1. HDFC Bank Limited19.22%
2. ICICI Bank Limited14.10%
3. Axis Bank Limited9.55%
4. Kotak Mahindra Bank Limited9.27%
5. The Federal Bank Limited6.64%
6. IndusInd Bank Limited4.97%
7. AU Small Finance Bank Limited4.62%
8. IDFC First Bank Limited4.34%
9. Yes Bank Limited3.54%

1. State Bank of India9.98%
2. Bank of Baroda3.98%
3. Canara Bank3.30%
4. Punjab National Bank3.16%
5. Union Bank of India2.91%
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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 ₹183 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 NameRatingsAUMExpense Ratio
SBI Nifty Smallcap 250 ETF Growth06 CR1.35
Groww BSE Hospitals ETF Growth064 CR
Axis Nifty Bank Index Fund Growth0182 CR1.14
Kotak Silver ETF Growth03,375 CR0.35
ICICI Prudential Silver ETF Growth013,863 CR0.4
Fund Name1Y3Y
This FundSBI Nifty Smallcap 250 ETF Growth00
This FundGroww BSE Hospitals ETF Growth00
This FundAxis Nifty Bank Index Fund Growth4.61020
This FundKotak Silver ETF Growth99.2104219.3272
This FundICICI Prudential Silver ETF Growth99.5009220.245

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 1.14. 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 : -0.55%
  • 6 Months : -4.77%
  • 1 Year : 4.61%
  • 3 Years : 0.00%
Returns of Axis Nifty Bank Index Fund Growth are updated daily based on NAV of ₹ 11.6640 as on Aug 11,2026. 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 ₹183 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.