Axis NIFTY IT ETF
EquitySector - TechnologyVery High Risk
Direct
NAV (18-Jun-25)
Returns (Since Inception)
Fund Overview
Fund Size
₹194 Cr
Expense Ratio
0.23%
ISIN
INF846K01Y96
Minimum SIP
-
Exit Load
-
Inception Date
25 Mar 2021
About this fund
As of 18-Jun-25, it has a Net Asset Value (NAV) of ₹420.86, Assets Under Management (AUM) of 194.10 Crores, and an expense ratio of 0.23%.
- Axis NIFTY IT ETF has given a CAGR return of 12.26% since inception.
- The fund's asset allocation comprises around 99.53% in equities, 0.00% in debts, and 0.47% 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
+14.14%
+14.67% (Cat Avg.)
3 Years
+15.54%
+17.73% (Cat Avg.)
Since Inception
+12.26%
— (Cat Avg.)
Portfolio Summaryas of 31st May 2025
| Equity | ₹193.18 Cr | 99.53% |
| Others | ₹0.92 Cr | 0.47% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Infosys Ltd | Equity | ₹52.64 Cr | 27.12% |
| Tata Consultancy Services Ltd | Equity | ₹42.95 Cr | 22.13% |
| HCL Technologies Ltd | Equity | ₹21.05 Cr | 10.84% |
| Tech Mahindra Ltd | Equity | ₹19.92 Cr | 10.26% |
| Wipro Ltd | Equity | ₹14.15 Cr | 7.29% |
| Persistent Systems Ltd | Equity | ₹11.98 Cr | 6.17% |
| Coforge Ltd | Equity | ₹11.36 Cr | 5.85% |
| LTIMindtree Ltd | Equity | ₹9.34 Cr | 4.81% |
| Mphasis Ltd | Equity | ₹5.8 Cr | 2.99% |
| Oracle Financial Services Software Ltd | Equity | ₹4 Cr | 2.06% |
| Net Receivables / (Payables) | Cash - Collateral | ₹0.73 Cr | 0.38% |
| Clearing Corporation Of India Ltd | Cash - Repurchase Agreement | ₹0.19 Cr | 0.10% |
Allocation By Market Cap (Equity)
Large Cap Stocks
82.46%
Mid Cap Stocks
17.07%
Small Cap Stocks
--
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Technology | ₹193.18 Cr | 99.53% |
Risk & Performance Ratios
Standard Deviation
This fund
19.36%
Cat. avg.
17.99%
Lower the better
Sharpe Ratio
This fund
0.25
Cat. avg.
0.42
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
0.68
Higher the better
Fund Managers
Karthik Kumar
Since August 2023
Additional Scheme Detailsas of 31st May 2025
ISIN | INF846K01Y96 | Expense Ratio | 0.23% | Exit Load | - | Fund Size | ₹194 Cr | Age | 4 years 2 months | Lumpsum Minimum | - | Fund Status | Open Ended Investment Company | Benchmark | NIFTY IT TR TR INR |
Investment 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
Capital Gains Taxation:
- If units are sold after 1 year from the date of investment: Gains up to INR 1.25 lakh in a financial year are exempt from tax. Any gains exceeding INR 1.25 lakh are taxed at a rate of 12.5%.
- If units are sold within 1 year from the date of investment: The entire amount of gain is taxed at a rate of 20%.
- Holding the units: No tax is applicable as long as you continue to hold the units.
Dividend Taxation:
Dividends are added to the investor’s income and taxed according to their respective tax slabs. Additionally, if an investors dividend income exceeds INR 5,000 in a financial year, the fund house deducts a 10% Tax Deducted at Source (TDS) before distributing the dividend.
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only 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 - Technology Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| ICICI Prudential Nifty EV & New Age Automotive ETF FOF Direct Growth Very High Risk | 0.1% | 0.0% | ₹20.83 Cr | - |
| ICICI Prudential Nifty EV & New Age Automotive ETF FOF Regular Growth Very High Risk | 0.6% | 0.0% | ₹20.83 Cr | - |
| ICICI Prudential Nifty EV & New Age Automotive ETF Very High Risk | 0.4% | - | ₹20.83 Cr | - |
| HDFC Nifty India Digital Index Fund Regular Growth Very High Risk | 0.9% | 0.0% | ₹210.98 Cr | - |
| HDFC Nifty India Digital Index Fund Direct Growth Very High Risk | 0.4% | 0.0% | ₹210.98 Cr | - |
| Motilal Oswal Digital India Fund Direct Growth Very High Risk | 0.8% | 1.0% | ₹795.50 Cr | - |
| Motilal Oswal Digital India Fund Regular Growth Very High Risk | 2.3% | 1.0% | ₹795.50 Cr | - |
| WhiteOak Capital Digital Bharat Fund Direct Growth Very High Risk | 0.7% | 1.0% | ₹338.20 Cr | - |
| WhiteOak Capital Digital Bharat Fund Regular Growth Very High Risk | 2.4% | 1.0% | ₹338.20 Cr | - |
| Invesco India Technology Fund Regular Growth Very High Risk | 2.4% | 0.0% | ₹330.12 Cr | - |
About the AMC
Total AUM
₹3,22,563 Cr
Address
Axis House, 1st Floor, C-2, Wadia International Centre, Mumbai, 400 025
Other Funds by Axis Mutual Fund
Risk Level
Your principal amount will be at Very High Risk
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Who manages the Axis NIFTY IT ETF?
- Karthik Kumar
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
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