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Axis Nifty IT Index Fund Growth Return

  • 1M
  • 3M
  • 6M
  • 1Y
  • 3Y
  • 5Y
This Fund:
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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)

₹112 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

Axis Nifty IT Index Fund Growth Calculate Returns

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Growth Review

DurationFund Return(%)Category Average(%)Category Best(%)
1M-3.75-0.5319.08
6M-27.351.2334.78
1Y-28.133.60105.88
3Y0.0012.03210.74

Portfolio Analysis

  • Equity: 99.50%
  • Debt: 0.50%
  • Others
As on: 2026-05-31
View allocation % by

1. Infosys Limited26.94%
2. Tata Consultancy Services Limited19.62%
3. Tech Mahindra Limited11.39%
4. HCL Technologies Limited10.62%
5. Wipro Limited7.06%
6. Persistent Systems Limited6.83%
7. Coforge Limited5.98%
8. LTM Limited4.56%
9. Mphasis Limited3.63%
10. Oracle Financial Services Software Limited2.87%

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 ₹112 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
Kotak Nifty500 Momentum 50 Index Fund Growth023.29 CR0.71
Bandhan Nifty Next 50 Index Fund Growth031.2 CR1.15
Axis Nifty IT Index Fund Growth0112.02 CR1.09
Aditya Birla Sun Life Silver ETF Growth03175.58 CR0.35
ICICI Prudential Silver ETF Growth015985.7 CR0.4
Fund Name1Y3Y
This FundKotak Nifty500 Momentum 50 Index Fund Growth00
This FundBandhan Nifty Next 50 Index Fund Growth3.95560
This FundAxis Nifty IT Index Fund Growth-28.12960
This FundAditya Birla Sun Life Silver ETF Growth105.6609210.1616
This FundICICI Prudential Silver ETF Growth105.8233210.7437

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 : -3.75%
  • 6 Months : -27.35%
  • 1 Year : -28.13%
  • 3 Years : 0.00%
Returns of Axis Nifty IT Index Fund Growth are updated daily based on NAV of ₹ 9.6334 as on Jul 10,2026. 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 ₹112 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.