axis nifty it index fund direct growth
Axis Nifty IT Index Fund Direct Growth

Axis Nifty IT Index Fund Direct Growth

  • Very High Risk
  • Equity
  • Index Funds
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NAV as on May 9, 2025
i
Price per unit of the scheme.
12.2952-0.33%1 Day Change
10.45%
Minimum Investment₹5000
Expense Ratio--

FUND RATING

A holistic measure of the rank of a fund relative to its peers. Top funds receive a score of 5.

RISK-O-METER

Level of risk associated with a mutual fund to help investors make informed investment decisions
 

bt_logoFUND PERFORMANCE

As On Jan 01, 2023
Compare fund’s performance against category average across different time periods


No Data Found.
Returns <= 1 year are absolute and > 1 year are annualised (CAGR)
For calculating Category Return & Scheme Ranking, only Growth & Direct schemes are considered.

bt_logoFUND COMPARISON

This Fund
Axis Nifty IT Index Fund Direct Growth
VS
Equity: Index Funds Average NAV
    Topper in Equity: Index Funds
    All Fund


    No Data Found.
    *For the other fund, rescaled NAVs are used
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    bt_logoRETURN CALCULATOR

    Check the return on your investment in the fund
    Axis Nifty IT Index Fund Direct Growth
    Investment Type
    Monthly Investment
    Time Period (yrs)
    Annual Return in %
    • Invested Amount
      0
    • Return
      0
    • Current Value
      0

    bt_logoFUND MANAGER

    Hitesh Das
    Hitesh Das
    i
    Lead Fund Manager.
    Jul 18, 2023 - Present
    • Fund Manager Rank--Out of 0
      i
      Rank measured on the basis of consistent alpha the fund manager delivered in the same category over a period of three years (factors only Direct plan, Growth option)
    • Schemes managed8
    • Total AUM47,615.44 Cr
    • Highest Return In 1 Yr13.79 %
    Other Funds
    • table
    • card
    1M
    3M
    6M
    1Y
    3Y
    5Y
    Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size
    --
    ₹ 17.00
    5.66%
    6.08%
    Very High Risk
    6,979.46Cr
    --
    ₹ 21.81
    5.37%
    6.40%
    Very High Risk
    1,213.83Cr
    ₹ 24.38
    2.57%
    2.26%
    Moderately High risk
    940.08Cr
    Axis Multicap Fund Direct Growth
    Very High Risk--
    • NAV₹ 17.00
    • Fund Size6,979.46Cr
    Fund Return5.66%
    Category Return6.08%
    Axis ESG Equity Fund Direct Growth
    Very High Risk--
    • NAV₹ 21.81
    • Fund Size1,213.83Cr
    Fund Return5.37%
    Category Return6.40%
    Axis Equity Saver Fund Direct Plan Growth
    Moderately High risk
    • NAV₹ 24.38
    • Fund Size940.08Cr
    Fund Return2.57%
    Category Return2.26%
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)
    Kartik Kumar
    Kartik Kumar
    i
    Lead Fund Manager.
    Apr 5, 2024 - Present
    • Schemes managed1
    • Total AUM125.73 Cr
    • Highest Return In 1 Yr9.91 %
    Other Funds
    • table
    • card
    1M
    3M
    6M
    1Y
    3Y
    5Y
    Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size
    --
    ₹ 12.30
    10.45%
    -%
    Very High Risk
    125.73Cr
    Axis Nifty IT Index Fund Direct Growth
    Very High Risk--
    • NAV₹ 12.30
    • Fund Size125.73Cr
    Fund Return10.45%
    Category Return--
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

    bt_logoDETAILED PORTFOLIO

    As on Mar, 2025
    EQUITY (100.02%)
    DEBT (-%)
    CASH (-0.02%)
    Allocation by Market Cap
    Large Cap(83.44%)
    Mid Cap(16.58%)
    Industry Holdings
    • Information Technology Services98.19%
    • Software Infrastructure1.81%
    Stock Holdings
    • Infosys Ltd27.70%
    • Tata Consultancy Services Ltd23.43%
    • HCL Technologies Ltd10.75%
    • Tech Mahindra Ltd9.42%
    • Wipro Ltd7.80%
    • Persistent Systems Ltd6.15%

    bt_logoPERFORMANCE MEASURES

    Fund evaluation across critical parameters for better decision making. Study period is 3 years.
    • Consistency
      i
      It represents the consistency of a fund in beating its benchmark.
      ----
    • Downside Risk
      i
      Measured by Maximum Drawdown which shows the maximum loss from a peak to a nadir over a specified time period
      ----
    • Risk Adjusted Return
      i
      Risk adjusted return represents the return generated after factoring the risk taken to achieve it.
      ----
    • Volatility
      i
      Volatility represents the standard deviation of fund returns that is, how much the fund returns have deviated from the average.
      ----
    • Upside Capture Ratio
      i
      Fund performance relative to the index when the market is up. An upside capture ratio of >100 indicates better fund performance.
      ----
    • Downside Capture Ratio
      i
      Fund performance relative to the index when the market is down. A downside capture ratio of <100 indicates better fund performance.
      ----

    bt_logoHISTORICAL RISK MEASURES

    Statistical measures to evaluate mutual fund risk. All ratios are calculated for a three-year time duration.
    • Alpha: Excess return of the fund over benchmark
      i
      Any Alpha above zero is considered good. However, for comparison, a fund with a higher Alpha is considered better. Alpha is normally used in conjunction with Beta. If the Beta is high, it implies that the fund manager took a high risk to generate Alpha.
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      This Fund
      VS
      --
      Category Avg
    • R-Squared: How well the fund tracks benchmark
      i
      R-Squared measures the correlation of fund returns and its benchmark returns. It varies between 0 and 1. The metric, Beta makes no sense if R-Squared is equal to zero. Thus, both Beta and R-Squared should be used in conjunction. A fund with a high R-Squared and low Beta is considered a less risky fund.
      --
      This Fund
      VS
      --
      Category Avg
    • Beta: Risk of the fund in relation to benchmark
      i
      Beta >1 indicates that the fund is more volatile than its benchmark while Beta < 1 indicates that the fund is less volatile than its benchmark. The Beta of the benchmark is equal to 1.
      --
      This Fund
      VS
      --
      Category Avg
    • Sharpe Ratio: Risk adjusted return of the fund
      i
      Sharpe Ratio is a measure of return per unit of risk. A higher Sharpe ratio indicates better risk adjusted return given by the fund.
      --
      This Fund
      VS
      --
      Category Avg
    • Sortino Ratio: Return per unit of bad risk
      i
      A variation of Sharpe ratio, Sortino considers only the downside risk. Unlike Sharpe ratio which considers both good risk and bad risk, Sortino factors only the bad risk. A high Sortino ratio indicates better return for each unit of downside risk.
      --
      This Fund
      VS
      --
      Category Avg
    • Standard Devation: Volatility of the fund
      i
      Standard deviation is a measure of dispersion of fund returns from its average return. A fund with a higher Standard deviation is more volatile than a fund with a low standard deviation.
      --
      This Fund
      VS
      --
      Category Avg
    Benchmark used in calculation : S&P BSE 500 India TR INR

    bt_logoPEER ANALYSIS

    1M
    3M
    6M
    1Y
    3Y
    5Y
    • card
    • table
    Fund NameMorningstar RatingNAV Fund Return Category ReturnRisk Fund Size
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

    bt_logoTOP FUNDS FROM THIS AMC

    1M
    3M
    6M
    1Y
    3Y
    5Y
    • card
    • table
    Fund NameMorningstar RatingNAV Fund Return Category Return Risk Fund Size (Cr)
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

    bt_logoABOUT THE AMC

    company icon
    Axis Asset Management Company Limited
    Axis Asset Management Company Limited manages assets worth ₹ 3,07,419.65 crores. It’s current offering of mutual fund schemes includes 32 equity, 30 debt and 12 hybrid schemes.
    phone icon
    Phone
    +91 22 43255161
    mail icon
    Email
    customerservice@axismf.com
    aum
    AUM
    3,07,419.65 Cr (
    As on Mar 31, 2025
    )
    location
    Address
    Axis House, 1st Floor, C-2, Wadia International Centre, Mumbai,400 025

    bt_logoFAQ's

    What is the category of Axis Nifty IT Index Fund Direct Growth ?
    The category of Axis Nifty IT Index Fund Direct Growth is Equity - Index Funds
    What is the current NAV of Axis Nifty IT Index Fund Direct Growth ?
    The current NAV of Axis Nifty IT Index Fund Direct Growth as on May 09, 2025 is ₹12.30
    How safe is Axis Nifty IT Index Fund Direct Growth ?
    The risk level of Axis Nifty IT Index Fund Direct Growth is Very High.
    What are short term returns given by Axis Nifty IT Index Fund Direct Growth ?
    The return given by Axis Nifty IT Index Fund Direct Growth in 1 month is 10.45%, 3 months is -16.39%, 6 months is -14.27%, and 1 year is 9.91%
    What are the long term returns given by Axis Nifty IT Index Fund Direct Growth ?
    The return given by Axis Nifty IT Index Fund Direct Growth in 3 years is -- and 5 years is --.
    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 --
    What is the AUM of Axis Nifty IT Index Fund Direct Growth ?
    The assets under Management (AUM) of Axis Nifty IT Index Fund Direct Growth is Rs 125.73 crores.
    What is the minimum investment in Axis Nifty IT Index Fund Direct Growth ?
    The minimum Lumpsum investment in Axis Nifty IT Index Fund Direct Growth is ₹5,000.00 and the minimum SIP investment in Axis Nifty IT Index Fund Direct Growth is ₹1,000.00
    What is the asset allocation of Axis Nifty IT Index Fund Direct Growth?
    Axis Nifty IT Index Fund Direct Growth has an exposure of 100.02% in Equity