December 13, 2023
mayank
Axis NIFTY Healthcare ETF details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
Current NAV:
NAV Growth: Rs 102.8625
Suitable For Which Investors?
This is a fund that invests mainly in shares of pharmaceutical and healthcare 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 Healthcare 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
2) Shreyash Devalkar
Education: Mr. Devalkar is a B.Tech from UDCT Mumbai and PGDM (Management) from JBIMS Mumbai University
Experience: Prior to joining Axis Mutual Fund he has worked with BNP Paribas Mutual Fund as a Fund Manager, IDFC Capital, JP Morgan Services India and Calyon Bank.
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 Healthcare ETF
| Fund House | Axis Mutual Fund |
| Launch Date | 17-May-21 |
| Return Since Launch | 8.28% |
| Benchmark | NIFTY Healthcare TRI. |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 15 Cr |
| (As on 30-Nov-2023) | |
| Expense | 0.24% |
| (As on 31-Oct-2023) | |
| Risk Grade | — |
| Return Grade | — |
| Turnover | — |
Axis NIFTY Healthcare ETF Trailing Returns (%)
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Axis NIFTY Helthcr ETF | 27.67 | -0.49 | 3.44 | 4.70 | 21.99 | 25.30 | — | — | — | — |
| S&P BSE Healthcare TRI | 31.55 | -0.46 | 3.59 | 6.35 | 24.93 | 29.59 | — | — | — | — |
| Equity: Sectoral-Pharma | 28.24 | -0.42 | 3.64 | 5.85 | 23.43 | 26.47 | — | — | — | — |
| Rank within category | 11 | 12 | 11 | 13 | 13 | 12 | — | — | — | — |
| Number of funds in category | 17 | 19 | 19 | 18 | 17 | 16 | 10 | 7 | 4 | 3 |
Peer Comparison of Axis NIFTY Healthcare ETF
| 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 Helthcr ETF | Unrated | 25.30 | — | — | 0.24 | 15 | 8.28 | — | 2Y 6M | — |
| Nippon Ind Pharma Reg | 4 star | 30.02 | 14.94 | 20.03 | 1.86 | 6,204 | 20.34 | 1.00 (30) | 19Y 6M | 21.00 |
| ICICI Pru Pharma Hlthcr & Diagn Reg | 4 star | 32.66 | 14.42 | 21.12 | 2.00 | 3,280 | 19.10 | 1.00 (15) | 5Y 5M | 67.00 |
| SBI Helthcr Opp Reg | 5 star | 29.39 | 15.11 | 19.68 | 2.10 | 2,169 | 16.01 | 0.50 (15) | 24Y 5M | 48.00 |
| Mirae Asset Healthcare Reg | 3 star | 24.70 | 13.91 | 21.34 | 2.05 | 1,974 | 19.98 | 1.00 (365) | 5Y 5M | 19.00 |
Portfolio Analysis of Axis NIFTY Healthcare ETF
| No. of Stocks | 20 |
| Top 10 Stocks | 81.88% |
| Top 5 Stocks | 58.39% |
| Top 3 Sectors | 99.66% |
| Portfolio P/B Ratio | 4.77 |
| Portfolio P/E Ratio | 37.10 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 87,154 | 65,141 |
| Giant (%) | 20.93 | 18.52 |
| Large (%) | 63.78 | 49.24 |
| Mid (%) | 13.77 | 26.26 |
| Small (%) | 1.53 | 8.90 |
| Tiny (%) | — | 2.48 |
How to Invest in Axis NIFTY Healthcare ETF?
Chanakya’s Mutual Fund Guidance For Axis NIFTY Healthcare ETF
Do not invest in this, or any other pharma sector fund, if you need to redeem your investment in less than seven years.
Apply Online: https://www.axismf.com/mutual-funds
>> Post your MF questions @ sahifund.com/ask-me/
>> NFO Guidance:
https://sahifund.com/category/nfos/
>> Chanakya’s Mutual Fund Guidance on YouTube
https://www.youtube.com/c/ChanakyaNiPothi
>> Join Chanakya MF’s Telegram Channel @
https://t.me/chanakyaMFGuidance
Quicklinks