Axis NIFTY IT ETF

Fund Overview

Fund Size

₹139 Cr

Expense Ratio

0.22%

ISIN

INF846K01Y96

Minimum SIP

Exit Load

Inception Date

25 Mar 2021

About this fund

Axis NIFTY IT ETF is a Sector - Technology mutual fund schemes offered by Axis Mutual Fund. This fund has been in existence for 3 years, 4 months and 1 days, having been launched on 25-Mar-21.
As of 25-Jul-24, it has a Net Asset Value (NAV) of ₹424.89, Assets Under Management (AUM) of 138.54 Crores, and an expense ratio of 0.22%.

Axis NIFTY IT ETF has given a CAGR return of 16.14% since inception.
The fund's asset allocation comprises around 99.47% in equities, 0.00% in debts, and 0.53% 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

+36.88%

+38.87% (Cat Avg.)

3 Years

+12.15%

+12.85% (Cat Avg.)

Since Inception

+16.14%

— (Cat Avg.)

Portfolio Summaryas of 30th June 2024

Equity	₹137.81 Cr	99.47%
Others	₹0.73 Cr	0.53%

Top Holdings

All Holdings

Equity

Debt & Others

Name	Type	Amount	Holdings
Infosys Ltd	Equity	₹37.47 Cr	27.05%
Tata Consultancy Services Ltd	Equity	₹34.34 Cr	24.79%
Tech Mahindra Ltd	Equity	₹13.38 Cr	9.66%
HCL Technologies Ltd	Equity	₹13.34 Cr	9.63%
Wipro Ltd	Equity	₹12.12 Cr	8.75%
LTIMindtree Ltd	Equity	₹8.26 Cr	5.96%
Persistent Systems Ltd	Equity	₹7.42 Cr	5.36%
Coforge Ltd	Equity	₹5.91 Cr	4.26%
Mphasis Ltd	Equity	₹3.36 Cr	2.42%
L&T Technology Services Ltd	Equity	₹2.21 Cr	1.60%
Net Receivables / (Payables)	Cash	₹0.71 Cr	0.51%
Clearing Corporation Of India Ltd	Cash - Repurchase Agreement	₹0.02 Cr	0.02%

Allocation By Market Cap (Equity)

Other Allocation

Equity Sector

Debt & Others

Sector	Amount	Holdings
Technology	₹137.81 Cr	99.47%

Risk & Performance Ratios

Fund Managers

Hitesh Das

Since April 2024

Karthik Kumar

Since August 2023

Additional Scheme Detailsas of 30th June 2024

ISIN

INF846K01Y96

Expense Ratio

0.22%

Exit Load

Fund Size

₹139 Cr

Age

25 Mar 2021

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

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 - Technology Funds

Fund name	Expense Ratio	Exit Load	Fund size	1Y
Kotak Nifty IT ETF Very High Risk	0.2%	-	₹201.83 Cr	37.0%
Aditya Birla Sun Life Nifty IT ETF Very High Risk	0.2%	-	₹78.27 Cr	36.7%
Axis NIFTY IT ETF Very High Risk	0.2%	-	₹138.54 Cr	36.9%
ICICI Prudential Technology Regular Growth Very High Risk	1.8%	1.0%	₹12671.14 Cr	40.5%
Franklin India Technology Fund Regular Growth Very High Risk	2.1%	1.0%	₹1610.63 Cr	54.5%
Nippon India ETF Nifty IT Very High Risk	0.2%	-	₹2413.44 Cr	36.9%
Aditya Birla Sun Life Digital India Fund Regular Growth Very High Risk	1.9%	1.0%	₹4659.82 Cr	37.8%
Tata Digital India Fund Regular Growth Very High Risk	1.7%	0.0%	₹10204.35 Cr	44.2%
Tata Digital India Fund Direct Growth Very High Risk	0.4%	0.0%	₹10204.35 Cr	46.2%
Franklin India Technology Fund Direct Growth Very High Risk	1.1%	1.0%	₹1610.63 Cr	56.1%

About the AMC

Axis Mutual Fund

+91 22 43255161

https://www.axismf.com/

Total AUM

₹2,86,505 Cr

Address

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

Other Funds by Axis Mutual Fund

Fund name	Expense Ratio	Exit Load	Fund 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%	₹98.28 Cr	-
Axis India Manufacturing Fund Direct Growth Very High Risk	0.3%	1.0%	₹5909.15 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%	-	7.2%
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%	-	7.6%
Axis Nifty SDL September 2026 Debt Index Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹78.97 Cr	7.6%
Axis Banking & PSU Debt Fund Direct Growth Moderate Risk	0.3%	0.0%	₹13698.76 Cr	7.1%
Axis Global Equity Alpha Fund of Fund Direct Growth Very High Risk	0.8%	1.0%	₹895.88 Cr	20.9%
Axis Nifty Smallcap 50 Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹357.40 Cr	67.1%
Axis Flexi Cap Fund Direct Growth Very High Risk	0.7%	1.0%	₹12721.36 Cr	31.7%
Axis Money Market Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹12240.98 Cr	7.7%
Axis Equity Hybrid Fund Direct Growth Very High Risk	1.0%	1.0%	₹1643.44 Cr	23.3%
Axis Special Situations Fund Direct Growth Very High Risk	1.3%	1.0%	₹1270.83 Cr	34.5%
Axis Corporate Debt Fund Direct Growth Moderate Risk	0.3%	0.0%	₹5427.34 Cr	7.8%
Axis ESG Equity Fund Direct Growth Very High Risk	1.3%	1.0%	₹1390.64 Cr	30.8%
Axis Arbitrage Fund Direct Growth Low Risk	0.3%	0.0%	₹5237.74 Cr	8.4%
Axis Greater China Equity Fund of Fund Direct Growth Very High Risk	0.6%	1.0%	₹187.60 Cr	-2.8%
Axis Value Fund Direct Growth Very High Risk	1.0%	1.0%	₹619.87 Cr	48.4%
Axis All Seasons Debt Fund of Funds Direct Growth Moderately High risk	0.2%	1.0%	₹175.40 Cr	8.2%
Axis Gilt Fund Direct Growth Moderate Risk	0.4%	0.0%	₹422.07 Cr	9.4%
Axis Bluechip Fund Direct Growth Very High Risk	0.7%	1.0%	₹34520.15 Cr	27.1%
Axis Dynamic Bond Fund Direct Growth Moderate Risk	0.3%	0.0%	₹1677.60 Cr	7.4%
Axis Gold Fund Direct Growth High Risk	0.2%	1.0%	₹501.03 Cr	22.1%
Axis Focused 25 Fund Direct Growth Very High Risk	0.8%	1.0%	₹13880.51 Cr	24.2%
Axis Regular Saver Fund Direct Growth Very High Risk	0.8%	1.0%	₹305.95 Cr	11.1%
Axis Strategic Bond Fund Direct Growth Moderately High risk	0.4%	1.0%	₹1937.72 Cr	8.4%
Axis Long Term Equity Fund Direct Growth Very High Risk	0.8%	0.0%	₹37106.30 Cr	30.3%
Axis Short Term Fund Direct Growth Moderate Risk	0.3%	0.0%	₹8269.80 Cr	7.7%
Axis Liquid Fund Direct Growth Moderate Risk	0.2%	0.0%	₹29924.59 Cr	7.4%
Axis Multi Asset Allocation Fund Direct Growth Very High Risk	1.1%	1.0%	₹1245.86 Cr	22.8%
Axis Midcap Fund Direct Growth Very High Risk	0.5%	1.0%	₹30143.58 Cr	44.9%
Axis Treasury Advantage Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹5003.40 Cr	7.6%
Axis Equity Saver Fund Direct Growth Moderately High risk	1.0%	1.0%	₹938.20 Cr	18.6%
Axis Balanced Advantage Fund Direct Growth Moderately High risk	0.9%	1.0%	₹2322.48 Cr	28.6%
Axis Nifty Midcap 50 Index Fund Direct Growth Low Risk	0.2%	0.0%	₹351.55 Cr	51.4%
Axis Nifty IT Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹113.87 Cr	36.7%
Axis CRISIL IBX 50:50 Gilt Plus SDL September 2027 Index Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹33.76 Cr	7.6%
Axis Credit Risk Fund Direct Growth Moderately High risk	0.8%	1.0%	₹445.63 Cr	8.1%
Axis Ultra Short Term Fund Direct Growth Moderate Risk	0.3%	0.0%	₹4947.39 Cr	7.7%
Axis Multicap Fund Direct Growth Very High Risk	0.6%	1.0%	₹5973.27 Cr	50.6%
Axis CRISIL IBX 50:50 Gilt Plus SDL June 2028 Index Fund Direct Growth Moderate Risk	0.2%	0.0%	₹69.66 Cr	7.6%
Axis Nifty AAA Bond Plus SDL Apirl 2026 50:50 ETF Fund Of Funds Direct Growth Low to Moderate Risk	0.1%	0.0%	₹291.10 Cr	7.4%
Axis Silver Fund of Funds Direct Growth Very High Risk	0.1%	0.0%	₹42.70 Cr	10.0%
Axis Nifty Next 50 Index Fund Direct Growth Very High Risk	0.2%	0.0%	₹244.31 Cr	62.5%
Axis CRISIL IBX 70:30 CPSE Plus SDL April 2025 Index Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹571.26 Cr	7.2%
Axis Long Duration Fund Direct Growth Moderate Risk	0.3%	0.0%	₹304.68 Cr	10.3%
Axis Nifty 50 Index Fund Direct Growth Very High Risk	0.1%	0.0%	₹482.49 Cr	25.1%

Risk Level

Your principal amount will be at Very High Risk

Still got questions?
We're here to help.

What is the current NAV of Axis NIFTY IT ETF?

The NAV of Axis NIFTY IT ETF, as of 25-Jul-2024, is ₹424.89.

What are the returns of Axis NIFTY IT ETF?

The fund has generated 36.88% over the last 1 year and 12.15% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.

What is the portfolio composition of Axis NIFTY IT ETF?

The fund's allocation of assets is distributed as 99.47% in equities, 0.00% in bonds, and 0.53% in cash and cash equivalents.

Who manages the Axis NIFTY IT ETF?

The fund managers responsible for Axis NIFTY IT ETF are:-

Hitesh Das
Karthik Kumar

Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.

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