
AXIS Nifty IT Index Fund – Direct (IDCW)
Frequently Asked Questions
How to invest in AXIS Nifty IT Index Fund – Direct (IDCW) ?
You can invest in AXIS Nifty IT Index Fund – Direct (IDCW) 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 (IDCW) 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 (IDCW) ?
The NAV of AXIS Nifty IT Index Fund – Direct (IDCW) is ₹10.8 as of 26 September 2023.
How to redeem AXIS Nifty IT Index Fund – Direct (IDCW) 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 (IDCW)?
The minimum SIP amount of AXIS Nifty IT Index Fund – Direct (IDCW) is ₹100
What are the top sectors AXIS Nifty IT Index Fund – Direct (IDCW) has invested in?
The top sectors AXIS Nifty IT Index Fund – Direct (IDCW) has invested in are
- IT-Software - 96.92%
- Debt - 2.9%
- IT-Services - 1.71%
- Cash & Others - -1.51%
Can I make investments in both the SIP and Lump Sum schemes of AXIS Nifty IT Index Fund – Direct (IDCW)?
Yes, You can select both SIP or Lumpsum investment of AXIS Nifty IT Index Fund – Direct (IDCW) based on your investment objective and risk tolerance.
How much returns have AXIS Nifty IT Index Fund – Direct (IDCW) generated ?
The AXIS Nifty IT Index Fund – Direct (IDCW) has delivered 9% since inception
What is the expense ratio of AXIS Nifty IT Index Fund – Direct (IDCW) ?
The expense ratio of AXIS Nifty IT Index Fund – Direct (IDCW) is 0.29 % as of 26 September 2023.
What is the AUM of AXIS Nifty IT Index Fund – Direct (IDCW)?
The AUM of AXIS Nifty IT Index Fund – Direct (IDCW) is ₹2,48,980 Cr as of 26 September 2023
What are the top stock holdings of AXIS Nifty IT Index Fund – Direct (IDCW)?
The top stock holdings of AXIS Nifty IT Index Fund – Direct (IDCW) are
- Infosys - 27.66%
- TCS - 24.7%
- Tech Mahindra - 9.59%
- Wipro - 9.1%
- HCL Technologies - 8.91%
How can I redeem my investments in AXIS Nifty IT Index Fund – Direct (IDCW)?
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 (IDCW) in Scheme, enter the redemption amount, and click on submit button.
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 (IDCW) in Scheme, enter the redemption amount, and click on submit button.