Axis Nifty Bank ETF

Fund at a Glance
NAV Growth (Rs.)	593.08
NAV IDCW (Rs.)	—
NAV Bonu (Rs.)	—
Min. Investment (Rs.)	5,000
Min. SIP Investment (Rs.)	—
Min. No of Cheques	—
Benchmark	NIFTY Bank TRI
AUM Rs.	331 Cr
	(As on 31-Jul-2026)
Expense	0.17%
1 Year Return (%)	4.07
3 Year Return (%)	9.72
5 Year Return (%)	10.55
10 Year Return (%)	—
Return Since Launch	14.30%

Suitable For Which Investors?
Banking funds are suitable for investors:
1. Wanting a small, supporting exposure to the financial services sector
2. Aiming for long term wealth creation
3. With a 7+ year investment horizon, who can withstand the sharper swings of a concentrated portfolio
Note:
• Most investors can skip these funds and stick to diversified equity funds instead
• If you choose to invest, do so only through SIP
• Being passively managed, the fund replicates the portfolio of its chosen benchmark index

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) 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).
2) Rohit Gautam
Education: B.Tech. from IIT Bombay, PGDM from IIM Ahmedabad
Experience: Prior to joining the Axis MF, he was associated with IndiaFirst Life Insurance, Shriram AMC, Greater Pacific Capital.

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	14.30%
Benchmark	NIFTY Bank TRI
Riskometer	Very High
Type	Open-ended
Assets	331 Cr
	(As on 31-Jul-2026)
Expense	0.17%
	(As on 31-Jul-2026)
Risk Grade	—
Return Grade	—
Turnover	—

Axis Nifty Bank Exchange Traded Fund Trailing Returns (%)

Fund name	YTD	1D	1M	3M	6M	1Y	3Y	5Y	7Y	10Y
Axis Nifty Bank ETF	-3.17	-0.42	-0.89	6.11	-4.99	4.07	9.72	10.55	—	—
BSE Financial Services TRI	-3.61	-0.27	-1.27	5.04	-4.12	2.11	11.01	10.52	—	—
Equity: Sectoral-Banking & Financial Services	-1.26	-0.27	-0.69	5.11	-3.46	7.70	12.54	12.32	—	—
Rank within category	44	55	34	21	39	43	32	19	—	—

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	4.07	9.72	10.55	0.17	331	14.30	—	5Y 9M	—
Nippon India ETF Nifty Bank BeES	Unrated	4.10	9.72	10.55	0.16	8,379	15.75	—	22Y 2M	36.00
Kotak Nifty Bank ETF	Unrated	4.15	9.75	10.54	0.13	4,685	10.57	—	11Y 8M	59.55
Nippon India ETF Nifty PSU Bank BeES	Unrated	23.12	23.98	30.29	0.42	4,004	7.24	—	18Y 9M	32.00
ICICI Pru Nifty Private Bank ETF	Unrated	2.89	6.73	8.57	0.13	4,002	8.66	—	7Y	51.00

Axis Nifty Bank ETF Portfolio Analysis

No. of Stocks	14
Top 10 Stocks	86.77%
Top 5 Stocks	61.10%
Top 3 Sectors	99.71%
Portfolio P/B Ratio	1.66
Portfolio P/E Ratio	13.93

Portfolio Breakup

	Fund	Category
Average Mkt Cap (Rs Cr)	3,42,983	2,97,229
Large (%)	74.47	73.67
Mid (%)	25.53	18.39
Small (%)	—	11.98

Note: Mutual fund investments are subject to market risks, read all scheme-related documents carefully.

Apply Online: https://www.axismf.com/Online/Login OR
https://www.axismf.com/mutual-funds

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