August 17, 2026
mayank
Axis Nifty India Defence Index Fund
| Fund at a Glance | |
| NAV Growth (Rs.) | 10.63 |
| NAV IDCW (Rs.) | — |
| NAV Bonu (Rs.) | — |
| Min. Investment (Rs.) | 100 |
| Min. SIP Investment (Rs.) | 100 |
| Min. No of Cheques | 6 |
| Benchmark | Nifty India Defence TRI |
| AUM Rs. | 305 Cr |
| (As on 31-Jul-2026) | |
| Expense | 0.20% |
| 1 Year Return (%) | — |
| 3 Year Return (%) | — |
| 5 Year Return (%) | — |
| 10 Year Return (%) | — |
| Return Since Launch | 6.32% |
Suitable For Which Investors?
Such thematic funds are suitable for investors:
1. Seeking exposure to stocks with a focus on fund’s stated investment theme
2. Aiming for long term wealth creation
3. With a 5+ year investment horizon
4. Who are at ease with the market’s ups and downs
Note:
• Invest 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 correspond to the performance of Nifty India Defence TRI subject to tracking error. There is no assurance that the investment objective of the scheme will be achieved.
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) | 100 |
| Min. Addl Investment (Rs) | 100 |
| Min. SIP Investment (Rs) | 100 |
| Min. Withdrawal (Rs) | — |
| Min. No of Cheques | 6 |
| Min. Balance (Rs) | — |
| Lock-in Period | NA |
| Exit Load | 0.25% for redemption within 15 days |
Basic Details of Axis Nifty India Defence Index Fund
| Fund House | Axis Mutual Fund |
| Launch Date | 29-Apr-26 |
| Return Since Launch | 6.32% |
| Benchmark | Nifty India Defence TRI |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 305 Cr |
| (As on 31-Jul-2026) | |
| Base Expense Ratio | 0.20% |
| (As on 31-Jul-2026) | |
| Risk Grade | — |
| Return Grade | — |
| Turnover | — |
Axis Nifty India Defence Index Fund Trailing Returns (%)
| Fund name | YTD info | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Axis Nifty India Defence Index Dir | — | -0.44 | 1.13 | 3.35 | — | — | — | — | — | — |
| BSE 500 TRI | — | -0.27 | 1.63 | 4.34 | — | — | — | — | — | — |
Peer Comparison of Axis Nifty India Defence Index 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 India Defence Index Dir | Unrated | — | — | — | 0.20 | 305 | 6.32 | 0.25 (15) | 3M | — |
| Motilal Oswal Nifty India Defence Index Dir | Unrated | 24.69 | — | — | 0.40 | 5,177 | 11.48 | 1.00 (15) | 2Y 1M | 27.00 |
| ABSL Nifty India Defence Index Dir | Unrated | 24.67 | — | — | 0.28 | 1,284 | 17.66 | 0.05 (30) | 1Y 11M | — |
| ICICI Pru Bharat 22 FOF Dir | Unrated | 7.41 | 18.11 | 23.35 | 0.10 | 2,819 | 16.22 | — | 8Y 1M | — |
| BHARAT 22 ETF | Unrated | 7.45 | 18.41 | 23.59 | 0.06 | 10,148 | 13.81 | — | 8Y 8M | 12.00 |
Axis Nifty India Defence Index Fund Portfolio Analysis
| No. of Stocks | 19 |
| Top 10 Stocks | 88.69% |
| Top 5 Stocks | 72.01% |
| Top 3 Sectors | 93.36% |
| Portfolio P/B Ratio | 10.32 |
| Portfolio P/E Ratio | 50.90 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 1,05,657 | 1,52,272 |
| Large (%) | 52.15 | 53.66 |
| Mid (%) | 25.92 | 24.35 |
| Small (%) | 21.93 | 24.87 |
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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