Dezerv

Fund Overview

Fund Size

Fund Size

₹192 Cr

Expense Ratio

Expense Ratio

0.18%

ISIN

ISIN

INF846K01X63

Minimum SIP

Minimum SIP

-

Exit Load

Exit Load

-

Inception Date

Inception Date

03 Nov 2020

About this fund

Axis NIFTY Bank ETF is a Sector - Financial Services mutual fund schemes offered by Axis Mutual Fund. This fund has been in existence for 3 years, 5 months and 12 days, having been launched on 03-Nov-20.
As of 12-Apr-24, it has a Net Asset Value (NAV) of ₹492.51, Assets Under Management (AUM) of 192.06 Crores, and an expense ratio of 0.18%.
  • Axis NIFTY Bank ETF has given a CAGR return of 21.80% since inception.
  • The fund's asset allocation comprises around 99.88% in equities, 0.00% in debts, and 0.12% in cash & cash equivalents.

Performance against Category Average

In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.

1 Year

+17.58%

+26.72%(Cat. Avg.)

3 Years

+16.94%

+20.31%(Cat. Avg.)

Since Inception

+21.80%

--%(Cat. Avg.)

Portfolio Summaryas of 31st March 2024

Equity191.83 Cr99.88%
Others0.23 Cr0.12%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
HDFC Bank LtdEquity55.49 Cr28.89%
ICICI Bank LtdEquity45.6 Cr23.74%
Axis Bank LtdEquity17.66 Cr9.19%
State Bank of IndiaEquity17.56 Cr9.14%
Kotak Mahindra Bank LtdEquity17.51 Cr9.12%
IndusInd Bank LtdEquity13.27 Cr6.91%
Bank of BarodaEquity6.35 Cr3.30%
Punjab National BankEquity4.78 Cr2.49%
The Federal Bank LtdEquity4.35 Cr2.27%
IDFC First Bank LtdEquity3.84 Cr2.00%
AU Small Finance Bank LtdEquity3.51 Cr1.83%
Bandhan Bank LtdEquity1.9 Cr0.99%
Clearing Corporation Of India LtdCash - Repurchase Agreement0.35 Cr0.18%
Net Receivables / (Payables)Cash-0.11 Cr0.06%

Allocation By Market Cap (Equity)

Large Cap Stocks

92.79%

Mid Cap Stocks

7.09%

Small Cap Stocks

--

Other Allocation

Equity Sector

Debt & Others

SectorAmount sortHoldings sort
Financial Services191.83 Cr99.88%

Risk & Performance Ratios

Standard Deviation

This fund

16.07%

Cat. avg.

17.06%

Lower the better

Sharpe Ratio

This fund

0.50

Cat. avg.

0.60

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

1.10

Higher the better

Fund Managers

Ashish Naik

Ashish Naik

Since May 2022

KK

Karthik Kumar

Since August 2023

Additional Scheme Detailsas of 31st March 2024

ISININF846K01X63Expense Ratio0.18%Exit Load-Fund Size₹192 CrAge03 Nov 2020Lumpsum Minimum-Fund StatusOpen Ended Investment CompanyBenchmarkNifty Bank TR INR

Investment ObjectiveInvestment Objective

To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.

Tax Treatment

Withdrawal within 1 year

Flat 15% tax on realised gains (STCG - short term capital gains)

Withdrawal after 1 year

10% tax on realised gains above Rs. 1 lakh per financial year (LTCG - long term capital gains)

Note: Mutual funds are subject to capital gains taxation with surcharge and cess, based on prevailing income tax rules and investor income. Taxation applies to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.

Similar Sector - Financial Services Funds

Fund nameExpense RatioExit LoadFund size
1Y
Tata Nifty Private Bank ETF

Very High Risk

0.1%-₹8.33 Cr16.0%
Aditya Birla Sun Life Nifty Financial Services ETF

Very High Risk

----
Nippon India ETF Nifty PSU Bank BeES

Very High Risk

0.5%-₹2653.66 Cr92.2%
Kotak Nifty PSU Bank ETF

Very High Risk

0.5%-₹1427.63 Cr92.3%
HDFC Nifty Bank ETF

Very High Risk

0.2%-₹2310.71 Cr17.6%
ICICI Prudential Nifty Private Banks ETF

Very High Risk

0.1%-₹1911.12 Cr14.1%
Axis NIFTY Bank ETF

Very High Risk

0.2%-₹192.06 Cr17.6%
ICICI Prudential Banking and Financial Services Regular Growth

Very High Risk

1.8%1.0%₹7489.91 Cr25.1%
UTI Banking and Financial Services Fund Regular Growth

Very High Risk

2.3%1.0%₹1031.88 Cr28.0%
Nippon India Banking & Financial Services Fund Regular Growth

Very High Risk

1.9%1.0%₹5307.29 Cr34.2%

About the AMC

Total AUM

₹2,78,720 Cr

Address

Axis House, 1st Floor, C-2, Wadia International Centre, Mumbai, 400 025

Other Funds by Axis Mutual Fund

Fund nameExpense RatioExit LoadFund size
1Y
Axis Fixed Term Plan Series 120 (91 Days) Direct Growth

Moderate Risk

-0.0%--
Axis US Treasury Dynamic Bond ETF Fund of Fund Direct Growth

Very High Risk

0.1%0.0%₹71.47 Cr-
Axis India Manufacturing Fund Direct Growth

Very High Risk

0.4%1.0%₹4079.13 Cr-
Axis Fixed Term Plan Series 118 100 Days Direct Growth

Moderate Risk

-0.0%--
Axis Fixed Term Plan Series 113 1228 Days Direct Growth

Low to Moderate Risk

-0.0%-7.1%
Axis Fixed Term Plan Series 110 1553 Days Direct Growth

Moderate Risk

-0.0%--
Axis Fixed Term Plan Series 105 1128 Days Direct Growth

Moderate Risk

-0.0%--
Axis Fixed Term Plan Series 112 1143 Days Direct Growth

Low to Moderate Risk

-0.0%-7.2%
Axis Nifty SDL September 2026 Debt Index Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹77.20 Cr6.6%
Axis Banking & PSU Debt Fund Direct Growth

Moderate Risk

0.3%0.0%₹13728.71 Cr6.9%
Axis Global Equity Alpha Fund of Fund Direct Growth

Very High Risk

1.0%1.0%₹922.09 Cr25.4%
Axis Nifty Smallcap 50 Index Fund Direct Growth

Very High Risk

0.3%0.0%₹240.82 Cr78.7%
Axis Flexi Cap Fund Direct Growth

Very High Risk

0.7%1.0%₹11670.37 Cr34.7%
Axis Money Market Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹7272.40 Cr7.7%
Axis Equity Hybrid Fund Direct Growth

Very High Risk

1.0%1.0%₹1586.00 Cr23.0%
Axis Special Situations Fund Direct Growth

Very High Risk

1.1%1.0%₹1202.39 Cr41.6%
Axis Corporate Debt Fund Direct Growth

Moderate Risk

0.3%0.0%₹5363.14 Cr7.5%
Axis ESG Equity Fund Direct Growth

Very High Risk

1.4%1.0%₹1371.79 Cr35.9%
Axis Arbitrage Fund Direct Growth

Low Risk

0.3%0.0%₹3931.16 Cr8.2%
Axis Greater China Equity Fund of Fund Direct Growth

Very High Risk

0.6%1.0%₹132.21 Cr-11.2%
Axis Value Fund Direct Growth

Very High Risk

1.0%1.0%₹499.14 Cr51.6%
Axis All Seasons Debt Fund of Funds Direct Growth

Moderately High risk

0.2%1.0%₹173.73 Cr7.2%
Axis Gilt Fund Direct Growth

Moderate Risk

0.4%0.0%₹285.72 Cr7.8%
Axis Bluechip Fund Direct Growth

Very High Risk

0.7%1.0%₹33523.02 Cr31.5%
Axis Dynamic Bond Fund Direct Growth

Moderate Risk

0.3%0.0%₹1708.41 Cr7.3%
Axis Gold Fund Direct Growth

High Risk

0.2%1.0%₹410.00 Cr19.0%
Axis Focused 25 Fund Direct Growth

Very High Risk

0.8%1.0%₹14086.94 Cr35.3%
Axis Regular Saver Fund Direct Growth

Very High Risk

0.9%1.0%₹342.01 Cr11.1%
Axis Strategic Bond Fund Direct Growth

Moderately High risk

0.3%1.0%₹1985.48 Cr8.0%
Axis Long Term Equity Fund Direct Growth

Very High Risk

0.8%0.0%₹35473.88 Cr39.3%
Axis Short Term Fund Direct Growth

Moderate Risk

0.3%0.0%₹7797.42 Cr7.4%
Axis Liquid Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹22169.19 Cr7.3%
Axis Multi Asset Allocation Fund Direct Growth

Very High Risk

1.3%1.0%₹1173.79 Cr22.3%
Axis Midcap Fund Direct Growth

Very High Risk

0.5%1.0%₹25536.68 Cr43.7%
Axis Treasury Advantage Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹5100.92 Cr7.6%
Axis Equity Saver Fund Direct Growth

Moderately High risk

1.1%1.0%₹902.05 Cr20.2%
Axis Balanced Advantage Fund Direct Growth

Moderately High risk

0.9%1.0%₹2102.69 Cr28.3%
Axis Nifty Midcap 50 Index Fund Direct Growth

Low Risk

0.2%0.0%₹264.67 Cr62.2%
Axis Nifty IT Index Fund Direct Growth

Very High Risk

0.3%0.0%₹115.13 Cr-
Axis CRISIL IBX 50:50 Gilt Plus SDL September 2027 Index Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹33.62 Cr6.7%
Axis Credit Risk Fund Direct Growth

Moderately High risk

0.8%1.0%₹463.99 Cr7.8%
Axis Ultra Short Term Fund Direct Growth

Moderate Risk

0.3%0.0%₹4063.99 Cr7.7%
Axis Multicap Fund Direct Growth

Very High Risk

0.9%1.0%₹5081.24 Cr53.5%
Axis CRISIL IBX 50:50 Gilt Plus SDL June 2028 Index Fund Direct Growth

Moderate Risk

0.2%0.0%₹68.14 Cr6.9%
Axis Nifty AAA Bond Plus SDL Apirl 2026 50:50 ETF Fund Of Funds Direct Growth

Low to Moderate Risk

0.1%0.0%₹290.25 Cr6.9%
Axis Silver Fund of Funds Direct Growth

Very High Risk

0.1%0.0%₹34.43 Cr11.7%
Axis Nifty Next 50 Index Fund Direct Growth

Very High Risk

0.2%0.0%₹135.86 Cr63.8%
Axis CRISIL IBX 70:30 CPSE Plus SDL April 2025 Index Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹538.54 Cr7.2%
Axis Long Duration Fund Direct Growth

Moderate Risk

0.3%0.0%₹200.43 Cr8.0%
Axis Nifty 50 Index Fund Direct Growth

Very High Risk

0.1%0.0%₹431.54 Cr27.6%

Risk Level

Your principal amount will be at Very High Risk

Very High Risk
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The NAV of Axis NIFTY Bank ETF, as of 12-Apr-2024, is ₹492.51.
The fund has generated 17.58% over the last 1 year and 16.94% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
The fund's allocation of assets is distributed as 99.88% in equities, 0.00% in bonds, and 0.12% in cash and cash equivalents.
The fund managers responsible for Axis NIFTY Bank ETF are:-
  1. Ashish Naik
  2. Karthik Kumar