Axis Nifty Bank Index Fund Direct-Growth
Axis Nifty Bank Index Fund Direct-Growth: Mutual Fund Overview
Axis Nifty Bank Index Fund Direct-Growth is an Sectoral-Banking mutual fund with over 1.8 years of performance history. The scheme manages an AUM of ₹149.93 Cr and has a NAV of ₹11.4713. It is rated 'Not Rated' stars by analysts. Investors can begin a SIP with as little as ₹100.0, making it accessible for all types of investors. In the last 1 year, the fund has delivered a return of 17.11%.
Equity, Sectoral-Banking, Principal at very high risk
1 Year Return 17.11% at 12 Mar 2026 07:33 PM
Fund Details
NAV 11.4713
Sub-Type Sectoral-Banking
Rating Not Rated
Min. SIP Amount ₹100.0
Fund Age(Year) 1.8
Fund Size(in Crores) 149.93
Fund Performance
1 Month -8.27%
3 Month -5.95%
6 Month 1.81%
1 Year 17.11%
3 Year 0.0%
5 Year 0.0%
Know This Fund
As on 12 Mar 2026
Investment strategy that balances risk & reward by dividing the investment portfolio among different types of asset classes.
Equity (100.38%) Market Cap Mid Cap 48.67 Large Cap 20.8 Small Cap 30.91 Top Sectors Financial 54.66 Services 45.72 Top Holding Central Depository Services (India) 6.37 Angel One 4.23 MCX 17.53 Nippon Life India Asset Management 4.65 Anand Rathi Wealth 3.68 Motilal Oswal Financial Services 3.16 KFin Technologies 3.59 BSE 20.8 IEX 2.81 CAMS 4.58 HDFC AMC 15.44 360 One Wam 7.89 Nuvama Wealth Management 2.66 UTI Asset Mgmt 1.16 Aditya Birla AMC 1.83
Debt & Others (-0.38%) Sector Allocation Repo 0.33 Net Payables -0.71 Debt Credit Ratings Debt Category Others -0.38
Comparison with same funds
Equity, Flexi Cap funds Aditya Birla Sun Life Conglomerate Fund Regular - Growth Ret 1M -9.18% Ret 1Y 3.05% Ret 3Y 0% Ret 5Y 0%
Equity, Flexi Cap funds Aditya Birla Sun Life Conglomerate Fund Regular - IDCW Ret 1M -9.18% Ret 1Y 3.05% Ret 3Y 0% Ret 5Y 0%
Equity, Flexi Cap funds Aditya Birla Sun Life Nifty India Defence Index Fund Regular-Growth Ret 1M 3.32% Ret 1Y 45.95% Ret 3Y 0% Ret 5Y 0%
Equity, Flexi Cap funds Aditya Birla Sun Life Nifty India Defence Index Fund Regular-IDCW Ret 1M 3.32% Ret 1Y 45.95% Ret 3Y 0% Ret 5Y 0%
Equity, Flexi Cap funds Aditya Birla Sun Life Special Opportunities Fund Regular-Growth Ret 1M -7.74% Ret 1Y 15.4% Ret 3Y 19.56% Ret 5Y 14.44%
Equity, Flexi Cap funds Aditya Birla Sun Life Special Opportunities Fund Regular-IDCW Ret 1M -7.74% Ret 1Y 15.4% Ret 3Y 19.56% Ret 5Y 14.44%
Equity, Flexi Cap funds Aditya Birla Sun Life Special Opportunities Fund Regular-IDCW Reinvestment Ret 1M -7.74% Ret 1Y 15.4% Ret 3Y 19.56% Ret 5Y 14.44%
Equity, Flexi Cap funds Axis BSE India Sector Leaders Index Fund Regular - Growth Ret 1M 0% Ret 1Y 0% Ret 3Y 0% Ret 5Y 0%
Equity, Flexi Cap funds Axis Momentum Fund Regular - Growth Ret 1M -6.52% Ret 1Y 8.72% Ret 3Y 0% Ret 5Y 0%
Equity, Flexi Cap funds Axis Momentum Fund Regular - IDCW Payout Ret 1M -6.52% Ret 1Y 8.72% Ret 3Y 0% Ret 5Y 0%
Equity, Flexi Cap funds Axis Momentum Fund Regular - IDCW Reinvestment Ret 1M -6.52% Ret 1Y 8.72% Ret 3Y 0% Ret 5Y 0%
Charges & Taxes Expense Ratio
Returns are taxed as per your Income Tax Slab.
Expense Ratio (Inclusive of GST): 0.18%
Exit Load 0.25%
Stamp Duty 0.005%
Fund Management
The various expenses, charges and taxes associated with your Mutual Fund
Karthik Kumar
Education Mr. Kumar has done M.B.A, C.F.A, (USA) & B.E (Mechanical)
Experience Prior to joining Axis Mutual Fund he has worked with SilverTree Hong Kong and Asiya Investment, Hong Kong
Ashish Naik
Education Mr. Naik is a B.E from Mumbai University and MBA from XLRI, Jamshedpur.
Experience Prior to joining Axis Mutual Fund he was associated with organizations such as Goldman Sachs and has over 7 years of experience as an Equity Analyst.
Rohit Gautam
Education null
Experience null
Nandik Mallik
Education Mr. Mallik holds B.Tech degree and has also done PGDM (IIM Calcutta) and MS- Finance (London Business School).
Experience Prior to joining the Axis MF, he was working with Avendus Capital Public Markets Alternate Strategies LLP, ICICI Prudential Asset Management Company Ltd, Edelweiss AMC, DC India Capital, Credit-Suisse (London), BNP Paribas (London), NM Rothschild (Mumbai) and Fair Isaac (Bangalore).
Riskometer
Mutual Fund Investments are subject to market risk. Read all scheme related documents carefully.
Principal at very high risk
AMC and Fund details
Rank (total sets) 24
Date of Incorporation 2024-05-24
Total AUM 366904.0
The Scheme Seeks to generate returns from a portfolio of pure debt oriented funds accessed through the diverse investment styles of underlying schemes selected in accordance with the BSLAMC process.
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