April 11, 2025
mayank
Axis Nifty Bank ETF details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by sahifund.com
NAV Growth: Rs 513.1696
Suitable For Which Investors?
This is a fund that invests mainly in shares of banks and financial services companies.
We believe that investors should avoid funds that have a narrowly defined investment mandate such as this one. Instead, they should invest in flexi-cap funds which provide complete freedom to the fund management team to invest in companies from which it expects maximum gains.
But if you do invest, you must do so only through the SIP route.
Fund’s Investment Strategy:
The scheme seeks to provide returns before expenses that closely correspond to the total returns of the NIFTY Bank Index subject to tracking errors.
Fund Manager:
1) 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
Investment Details
| Min. Investment (Rs) | 5,000 |
| Min. Addl Investment (Rs) | — |
| Min. SIP Investment (Rs) | — |
| Min. Withdrawal (Rs) | — |
| Min. No of Cheques | — |
| Min. Balance (Rs) | — |
| Lock-in Period | NA |
| Exit Load | 0 |
Basic Details of Axis Nifty Bank ETF
| Fund House | Axis Mutual Fund |
| Launch Date | 03-Nov-20 |
| Return Since Launch | 15.20% |
| Benchmark | NIFTY Bank TRI |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 335 Cr |
| (As on 31-Mar-2025) | |
| Expense | 0.19% |
| (As on 31-Mar-2025) | |
| Risk Grade | — |
| Return Grade | — |
| Turnover | — |
Trailing Returns (%) of Axis Nifty Bank Exchange Traded Fund
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Axis Nifty Bank ETF | -1.26 | -0.54 | 3.58 | 1.45 | -1.54 | 3.84 | 10.68 | — | — | — |
| BSE Bankex TRI | -1.01 | -3.37 | 2.99 | 0.24 | -0.01 | 5.63 | 10.81 | — | — | — |
| Equity: Sectoral-Banking | -1.95 | -0.87 | 3.36 | 0.45 | -3.40 | 2.58 | 12.80 | — | — | — |
| Rank within category | 27 | 14 | 16 | 20 | 10 | 23 | 22 | — | — | — |
| Number of funds in category | 59 | 64 | 62 | 59 | 58 | 49 | 31 | 21 | 16 | 15 |
Peer Comparison of Axis Nifty Bank Exchange Traded Fund
| Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | Turnover (%) | |
| Axis Nifty Bank ETF | Unrated | — | — | — | 0.19 | 335 | 15.20 | — | 4Y 5M | — |
| Nippon India ETF Nifty Bank BeES | Unrated | — | — | — | 0.19 | 7,382 | 16.03 | — | 20Y 10M | 45.00 |
| Kotak Nifty Bank ETF | Unrated | — | — | — | 0.15 | 4,935 | 10.45 | — | 10Y 4M | 57.40 |
| SBI Nifty Bank ETF | Unrated | — | — | — | 0.20 | 4,204 | 10.91 | — | 10Y | 34.00 |
| UTI Nifty Bank ETF | Unrated | — | — | — | 0.16 | 3,587 | 18.53 | — | 4Y 7M | 35.00 |
Portfolio Analysis of Axis Nifty Bank ETF
| No. of Stocks | 12 |
| Top 10 Stocks | 95.19% |
| Top 5 Stocks | 79.13% |
| Top 3 Sectors | 100.01% |
| Portfolio P/B Ratio | 1.94 |
| Portfolio P/E Ratio | 13.44 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 5,03,928 | 3,47,699 |
| Giant (%) | 79.13 | 65.54 |
| Large (%) | 8.48 | 20.99 |
| Mid (%) | 12.39 | 14.47 |
| Small (%) | — | 5.13 |
| Tiny (%) | — | — |
Chanakya’s Mutual Fund Guidance For Axis Nifty Bank Exchange Traded Fund
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