Axis NIFTY Bank ETF

Fund Overview

Fund Size

₹240 Cr

Expense Ratio

0.19%

ISIN

INF846K01X63

Minimum SIP

Exit Load

Inception Date

03 Nov 2020

About this fund

Axis NIFTY Bank ETF is a Sector - Financial Services mutual fund schemes offered by Axis Mutual Fund. This fund has been in existence for 4 years and 19 days, having been launched on 03-Nov-20.
As of 21-Nov-24, it has a Net Asset Value (NAV) of ₹514.64, Assets Under Management (AUM) of 239.75 Crores, and an expense ratio of 0.19%.

Axis NIFTY Bank ETF has given a CAGR return of 19.52% since inception.
The fund's asset allocation comprises around 99.97% in equities, 0.00% in debts, and 0.03% 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

+16.04%

+16.56% (Cat Avg.)

3 Years

+10.56%

+13.37% (Cat Avg.)

Since Inception

+19.52%

— (Cat Avg.)

Portfolio Summaryas of 31st October 2024

Equity	₹239.66 Cr	99.97%
Others	₹0.08 Cr	0.03%

Top Holdings

All Holdings

Equity

Debt & Others

Name	Type	Amount	Holdings
HDFC Bank Ltd	Equity	₹68.85 Cr	28.72%
ICICI Bank Ltd	Equity	₹59.09 Cr	24.65%
State Bank of India	Equity	₹24.27 Cr	10.12%
Axis Bank Ltd	Equity	₹21.46 Cr	8.95%
Kotak Mahindra Bank Ltd	Equity	₹21.39 Cr	8.92%
IndusInd Bank Ltd	Equity	₹10.14 Cr	4.23%
The Federal Bank Ltd	Equity	₹7.25 Cr	3.02%
Bank of Baroda	Equity	₹6.8 Cr	2.84%
IDFC First Bank Ltd	Equity	₹6.22 Cr	2.59%
Canara Bank	Equity	₹5.02 Cr	2.09%
AU Small Finance Bank Ltd	Equity	₹4.98 Cr	2.08%
Punjab National Bank	Equity	₹4.2 Cr	1.75%
Clearing Corporation Of India Ltd	Cash - Repurchase Agreement	₹0.22 Cr	0.09%
Net Receivables / (Payables)	Cash	₹-0.14 Cr	0.06%

Allocation By Market Cap (Equity)

Other Allocation

Equity Sector

Debt & Others

Sector	Amount	Holdings
Financial Services	₹239.66 Cr	99.97%

Risk & Performance Ratios

Fund Managers

Ashish Naik

Since May 2022

Karthik Kumar

Since August 2023

Additional Scheme Detailsas of 31st October 2024

ISIN

INF846K01X63

Expense Ratio

0.19%

Exit Load

Fund Size

₹240 Cr

Age

4 years

Lumpsum Minimum

Fund Status

Open Ended Investment Company

Benchmark

Nifty Bank 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

Capital Gains Taxation:

Dividend Taxation:

Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only 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 - Financial Services Funds

Fund name	Expense Ratio	Exit Load	Fund size	1Y
Tata Nifty Private Bank ETF Very High Risk	0.1%	-	₹10.92 Cr	9.7%
Aditya Birla Sun Life Nifty Financial Services ETF Very High Risk	-	-	-	-
Nippon India ETF Nifty PSU Bank BeES Very High Risk	0.5%	-	₹2481.67 Cr	25.4%
Kotak Nifty PSU Bank ETF Very High Risk	0.5%	-	₹1396.39 Cr	25.4%
HDFC Nifty Bank ETF Very High Risk	0.2%	-	₹2818.24 Cr	16.1%
ICICI Prudential Nifty Private Banks ETF Very High Risk	0.1%	-	₹1911.12 Cr	14.1%
Axis NIFTY Bank ETF Very High Risk	0.2%	-	₹239.75 Cr	16.0%
ICICI Prudential Banking and Financial Services Regular Growth Very High Risk	1.8%	1.0%	₹8850.47 Cr	19.2%
UTI Banking and Financial Services Fund Regular Growth Very High Risk	2.2%	1.0%	₹1159.45 Cr	20.8%
Nippon India Banking & Financial Services Fund Regular Growth Very High Risk	1.9%	1.0%	₹6237.85 Cr	18.9%

About the AMC

Axis Mutual Fund

+91 22 43255161

https://www.axismf.com/

Total AUM

₹3,29,913 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%	₹67.96 Cr	-
Axis India Manufacturing Fund Direct Growth Very High Risk	0.4%	1.0%	₹6517.72 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%	-	7.9%
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%	-	8.1%
Axis Nifty SDL September 2026 Debt Index Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹75.12 Cr	8.6%
Axis Banking & PSU Debt Fund Direct Growth Moderate Risk	0.3%	0.0%	₹13122.37 Cr	7.9%
Axis Global Equity Alpha Fund of Fund Direct Growth Very High Risk	0.9%	1.0%	₹811.34 Cr	23.7%
Axis Nifty Smallcap 50 Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹447.47 Cr	31.5%
Axis Flexi Cap Fund Direct Growth Very High Risk	0.7%	1.0%	₹12666.25 Cr	29.3%
Axis Money Market Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹17261.15 Cr	7.9%
Axis Equity Hybrid Fund Direct Growth Very High Risk	1.1%	1.0%	₹1619.38 Cr	21.9%
Axis Special Situations Fund Direct Growth Very High Risk	1.3%	1.0%	₹1225.58 Cr	32.3%
Axis Corporate Debt Fund Direct Growth Moderate Risk	0.3%	0.0%	₹5899.70 Cr	8.8%
Axis ESG Equity Fund Direct Growth Very High Risk	1.3%	1.0%	₹1333.40 Cr	24.5%
Axis Arbitrage Fund Direct Growth Low Risk	0.3%	0.0%	₹5515.20 Cr	8.4%
Axis Greater China Equity Fund of Fund Direct Growth Very High Risk	0.5%	1.0%	₹331.48 Cr	7.8%
Axis Value Fund Direct Growth Very High Risk	0.9%	1.0%	₹749.48 Cr	38.3%
Axis All Seasons Debt Fund of Funds Direct Growth Moderately High risk	0.2%	0.0%	₹144.00 Cr	9.2%
Axis Gilt Fund Direct Growth Moderate Risk	0.3%	0.0%	₹696.10 Cr	10.7%
Axis Bluechip Fund Direct Growth Very High Risk	0.7%	1.0%	₹33236.33 Cr	22.1%
Axis Dynamic Bond Fund Direct Growth Moderate Risk	0.3%	0.0%	₹1596.89 Cr	8.7%
Axis Gold Fund Direct Growth High Risk	0.2%	1.0%	₹699.09 Cr	24.1%
Axis Focused 25 Fund Direct Growth Very High Risk	0.8%	1.0%	₹13355.81 Cr	21.7%
Axis Regular Saver Fund Direct Growth Very High Risk	1.0%	1.0%	₹297.57 Cr	10.8%
Axis Strategic Bond Fund Direct Growth Moderately High risk	0.5%	1.0%	₹1923.32 Cr	9.5%
Axis Long Term Equity Fund Direct Growth Very High Risk	0.8%	0.0%	₹36533.13 Cr	24.6%
Axis Short Term Fund Direct Growth Moderate Risk	0.4%	0.0%	₹9301.38 Cr	8.7%
Axis Liquid Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹34315.74 Cr	7.5%
Axis Multi Asset Allocation Fund Direct Growth Very High Risk	1.0%	1.0%	₹1280.52 Cr	22.5%
Axis Midcap Fund Direct Growth Very High Risk	0.5%	1.0%	₹30008.06 Cr	36.0%
Axis Treasury Advantage Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹6300.74 Cr	8.1%
Axis Equity Saver Fund Direct Growth Moderately High risk	1.0%	1.0%	₹1020.35 Cr	16.1%
Axis Balanced Advantage Fund Direct Growth Moderately High risk	0.8%	1.0%	₹2547.26 Cr	26.0%
Axis Nifty Midcap 50 Index Fund Direct Growth Low Risk	0.3%	0.0%	₹398.21 Cr	26.9%
Axis Nifty IT Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹134.77 Cr	31.7%
Axis CRISIL IBX 50:50 Gilt Plus SDL September 2027 Index Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹31.74 Cr	8.6%
Axis Credit Risk Fund Direct Growth Moderately High risk	0.8%	1.0%	₹423.91 Cr	8.9%
Axis Ultra Short Term Fund Direct Growth Moderate Risk	0.4%	0.0%	₹6235.93 Cr	7.9%
Axis Multicap Fund Direct Growth Very High Risk	0.7%	1.0%	₹6576.86 Cr	38.6%
Axis CRISIL IBX 50:50 Gilt Plus SDL June 2028 Index Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹70.70 Cr	8.8%
Axis Nifty AAA Bond Plus SDL Apirl 2026 50:50 ETF Fund Of Funds Direct Growth Low to Moderate Risk	0.1%	0.0%	₹276.26 Cr	7.4%
Axis Silver Fund of Funds Direct Growth Very High Risk	0.2%	0.0%	₹56.03 Cr	23.3%
Axis Nifty Next 50 Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹287.07 Cr	42.9%
Axis CRISIL IBX 70:30 CPSE Plus SDL April 2025 Index Fund Direct Growth Low Risk	0.2%	0.0%	₹512.79 Cr	7.6%
Axis Long Duration Fund Direct Growth Moderate Risk	0.3%	0.0%	₹486.90 Cr	11.5%
Axis Nifty 50 Index Fund Direct Growth Very High Risk	0.1%	0.0%	₹547.96 Cr	19.1%

Risk Level

Your principal amount will be at Very High Risk

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What is the current NAV of Axis NIFTY Bank ETF?

The NAV of Axis NIFTY Bank ETF, as of 21-Nov-2024, is ₹514.64.

What are the returns of Axis NIFTY Bank ETF?

The fund has generated 16.04% over the last 1 year and 10.56% 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 Bank ETF?

The fund's allocation of assets is distributed as 99.97% in equities, 0.00% in bonds, and 0.03% in cash and cash equivalents.

Who manages the Axis NIFTY Bank ETF?

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

Ashish Naik
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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Fund Overview