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Axis Nifty IT Index Fund Growth Return

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Showing Funds Performance since Sep 07, 2020

Axis Nifty IT Index Fund Growth Fund Overview

Min. investment

SIP ₹100 & Lump. ₹100

AUM (Fund size)

₹117 Cr

Lock In Period

N/A

Expense Ratio

1.09

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 IT Total Return

Summary

Axis Nifty IT Index Fund Growth NAV is ₹10.2794 as of 2 Jun, 2026. Axis Nifty IT Index Fund Growth has delivered 0.00% returns since its launch. The minimum SIP investment amount in Axis Nifty IT Index Fund Growth is ₹100. The AUM of Axis Nifty IT Index Fund Growth is ₹117 Cr. The expense ratio of the fund is 1.09%, and its benchmark is Nifty IT 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 IT Index Fund Growth has delivered -0.69% returns.

Axis Nifty IT Index Fund Growth Calculate Returns

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Growth Review

DurationFund Return(%)Category Average(%)Category Best(%)
1M-0.69-0.5616.28
6M-21.820.9059.37
1Y-21.013.83164.28
3Y0.0012.13262.72

Portfolio Analysis

  • Equity: 99.69%
  • Debt: 0.31%
  • Others
As on: 2026-04-30
View allocation % by

1. Infosys Limited27.26%
2. Tata Consultancy Services Limited21.35%
3. Tech Mahindra Limited11.24%
4. HCL Technologies Limited10.69%
5. Wipro Limited6.89%
6. Persistent Systems Limited6.27%
7. Coforge Limited4.83%
8. LTM Limited4.76%
9. Mphasis Limited3.62%
10. Oracle Financial Services Software Limited2.78%

About Fund Axis Nifty IT Index Fund Growth

Axis Nifty IT Index Fund Growth managed by Axis Mutual Fund,is a Equity - Index Fundscheme with Assets Under Management of ₹117 Crore. The fund benchmarks its performance against the Nifty IT Total Return while maintaining an expense ratio of 1.09. 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
Motilal Oswal Nifty Energy ETF Growth073.26 CR0.53
SBI BSE PSU Bank Index Fund Growth0319.58 CR0.79
Axis Nifty IT Index Fund Growth0117.34 CR1.09
ICICI Prudential Silver ETF Growth014714.8 CR0.4
HDFC Silver ETF Growth07649.03 CR0.5
Fund Name1Y3Y
This FundMotilal Oswal Nifty Energy ETF Growth00
This FundSBI BSE PSU Bank Index Fund Growth15.74470
This FundAxis Nifty IT Index Fund Growth-21.0140
This FundICICI Prudential Silver ETF Growth164.2782260.2061
This FundHDFC Silver ETF Growth162.6786262.7168

Axis Nifty IT Index Fund Growth FAQs

Axis Nifty IT 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 IT Index Fund Growth is 1.09. This expense ratio is calculated by dividing the fund's operating expenses by its net assets.

Axis Nifty IT Index Fund Growth’s fund performance is as follows:
  • 1 Month : -0.69%
  • 6 Months : -21.82%
  • 1 Year : -21.01%
  • 3 Years : 0.00%
Returns of Axis Nifty IT Index Fund Growth are updated daily based on NAV of ₹ 10.2794 as on Jun 01,2026. Since inception, the return has been 0.00%.

You can invest in Axis Nifty IT 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 IT Index Fund Growth is ₹117 crore. It changes based on market performance, inflows, and outflows.

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