AXIS Nifty IT Index Fund – Direct Growth

Other · Index
100
Min SIP
100
Min Lumpsum
0.29 %
Expense Ratio
Rating
76
Fund Size (in Cr)
2 Months
Fund Age
Mutual Fund SIP Calculator
Monthly Investment
Max: ₹1,00,000
Investment Period
Yrs
Max: 1 yrs
  • Invested Amount
    --
  • Wealth Gained
    --
  • Expected Amount
    --

Scheme Performance

Returns and Ranks ( as on 25 September 2023 )
1Y1Y 3Y3Y 5Y5Y MaxMax
Trailing Returns - - - 9.9%
Category Average 24.2% 20.7% 17.2% -

Scheme Allocation

By Holding
By Sector
By Asset
27.66%
TCS
24.7%
9.1%
Others
20.04%
View all Holdings
Holdings Sector Instrument Asset
Infosys IT - Software Equity 27.66%
TCS IT - Software Equity 24.7%
Tech Mahindra IT - Software Equity 9.59%
Wipro IT - Software Equity 9.1%
HCL Technologies IT - Software Equity 8.91%
LTIMindtree IT - Software Equity 7.16%
Persistent Sys IT - Software Equity 4.16%
Coforge IT - Software Equity 3.46%
Mphasis IT - Software Equity 3.02%
L&T Technology IT - Software Equity 1.82%
IT-Software
96.92%
Debt
2.9%
IT-Services
1.71%
Cash & Others
-1.51%
Equity
99.58%
Reverse Repos
0.65%
Net Curr Ass/Net Receivables
-0.23%

Advance Ratio

-
Alpha
-
SD
-
Beta
-
Sharpe

Exit Load

Exit Load 0.25% - If redeemed / switched out within 7 days from the date of allotment. Nil - If redeemed / switched out above 7 days from the date of allotment.

Fund Objective

To provide returns before expenses that corresponds to the total returns of the NIFTY IT TRI subject to tracking errors. However, there can be no assurance or guarantee that the investment objective of the Scheme will be achieved.

Fund Managers

Hitesh Das

Risk-O-Meter

Peer Comparison

Fund Name

AMC Contact Details

Axis Mutual Fund
AUM:
2,48,980 Cr
Address:
Axis House, 1st Floor,C-2, Wadia international centre,Pandurang Budhkar Marg, Worli, Mumbai - 400025
Contact:
022-43255161
Email ID:
customerserivce@axismf.com

Frequently Asked Questions

How to invest in AXIS Nifty IT Index Fund – Direct Growth ?

You can invest in AXIS Nifty IT Index Fund – Direct Growth in a quick and simple process. Follow the below steps;
  • Login to your 5paisa account, Go to the Mutual Funds section.
  • Search for AXIS Nifty IT Index Fund – Direct Growth in the search box.
  • Click on "Start SIP" if you wish to do a SIP or click on “One-time” if you wish to invest a lumpsum amount then click on "Invest Now"

What is the NAV of AXIS Nifty IT Index Fund – Direct Growth ?

The NAV of AXIS Nifty IT Index Fund – Direct Growth is ₹10.9 as of 25 September 2023.

How to redeem AXIS Nifty IT Index Fund – Direct Growth holding ?

You can go to your holding on the app and click on the fund name you will get two options Invest More and Redeem; click on redeem and enter the amount or units you desire to redeem or you can tick on “Redeem all units”.

What is the minimum sip amount of AXIS Nifty IT Index Fund – Direct Growth?

The minimum SIP amount of AXIS Nifty IT Index Fund – Direct Growth is ₹100

What are the top sectors AXIS Nifty IT Index Fund – Direct Growth has invested in?

The top sectors AXIS Nifty IT Index Fund – Direct Growth has invested in are
  1. IT-Software - 96.92%
  2. Debt - 2.9%
  3. IT-Services - 1.71%
  4. Cash & Others - -1.51%

Can I make investments in both the SIP and Lump Sum schemes of AXIS Nifty IT Index Fund – Direct Growth?

Yes, You can select both SIP or Lumpsum investment of AXIS Nifty IT Index Fund – Direct Growth based on your investment objective and risk tolerance.

How much returns have AXIS Nifty IT Index Fund – Direct Growth generated ?

The AXIS Nifty IT Index Fund – Direct Growth has delivered 9.9% since inception

What is the expense ratio of AXIS Nifty IT Index Fund – Direct Growth ?

The expense ratio of AXIS Nifty IT Index Fund – Direct Growth is 0.29 % as of 25 September 2023.

What is the AUM of AXIS Nifty IT Index Fund – Direct Growth?

The AUM of AXIS Nifty IT Index Fund – Direct Growth is ₹2,48,980 Cr as of 25 September 2023

What are the top stock holdings of AXIS Nifty IT Index Fund – Direct Growth?

The top stock holdings of AXIS Nifty IT Index Fund – Direct Growth are
  1. Infosys - 27.66%
  2. TCS - 24.7%
  3. Tech Mahindra - 9.59%
  4. Wipro - 9.1%
  5. HCL Technologies - 8.91%

How can I redeem my investments in AXIS Nifty IT Index Fund – Direct Growth?

Step 1: Visit the fund house's website
Step 2: Log in to your account by adding Folio No. and M-Pin
Step 3: Click on Widhrawal > Redemption
Step 4: Select AXIS Nifty IT Index Fund – Direct Growth in Scheme, enter the redemption amount, and click on submit button.
Invest Now