August 17, 2026
mayank
Axis NIFTY IT ETF
| Fund at a Glance | |
| NAV Growth (Rs.) | 345.79 |
| NAV IDCW (Rs.) | — |
| NAV Bonu (Rs.) | — |
| Min. Investment (Rs.) | 100 |
| Min. SIP Investment (Rs.) | — |
| Min. No of Cheques | — |
| Benchmark | NIFTY IT TRI |
| AUM Rs. | 144 Cr |
| (As on 31-Jul-2026) | |
| Expense | 0.21% |
| 1 Year Return (%) | -6.10 |
| 3 Year Return (%) | 2.97 |
| 5 Year Return (%) | 1.92 |
| 10 Year Return (%) | — |
| Return Since Launch | 5.86% |
Suitable For Which Investors?
Technology funds are suitable for investors:
1. Wanting a small, supporting exposure to the information technology 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 schemes seeks to provide returns before expenses that closely correspond to the total returns of the NIFTY IT 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) | 100 |
| 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 IT ETF
| Fund House | Axis Mutual Fund |
| Launch Date | 25-Mar-21 |
| Return Since Launch | 5.86% |
| Benchmark | NIFTY IT TRI |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | 144 Cr |
| (As on 31-Jul-2026) | |
| Expense | 0.21% |
| (As on 31-Jul-2026) | |
| Risk Grade | — |
| Return Grade | — |
| Turnover | — |
Axis NIFTY IT ETF Trailing Returns (%)
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Axis NIFTY IT ETF | -14.94 | 0.61 | 13.90 | 9.12 | -8.66 | -6.10 | 2.97 | 1.92 | — | — |
| BSE IT TRI | -16.19 | 0.37 | 12.34 | 7.49 | -9.38 | -8.57 | 1.39 | 1.01 | — | — |
| Equity: Sectoral-Technology | -10.47 | 0.65 | 10.62 | 10.07 | -4.01 | -2.91 | 5.74 | 4.29 | — | — |
| Rank within category | 24 | 13 | 5 | 23 | 25 | 24 | 15 | 8 | — | — |
| Number of funds in category | 33 | 34 | 34 | 34 | 33 | 33 | 17 | 10 | 5 | 5 |
Peer Comparison of Axis NIFTY IT 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 IT ETF | Unrated | -6.10 | 2.97 | 1.92 | 0.21 | 144 | 5.86 | — | 5Y 4M | — |
| Nippon India ETF Nifty IT | Unrated | -6.11 | 2.99 | 1.90 | 0.19 | 3,848 | 15.01 | — | 6Y 1M | 40.00 |
| ICICI Pru Nifty IT ETF | Unrated | -5.95 | 3.08 | 1.97 | 0.17 | 577 | 11.69 | — | 5Y 11M | 50.00 |
| ICICI Pru Nifty IT Index | Unrated | -6.76 | 2.30 | — | 0.75 | 453 | 2.59 | — | 3Y 11M | 47.00 |
| ICICI Pru Technology | Unrated | -2.57 | 8.32 | 5.47 | 1.46 | 13,540 | 11.68 | 1.00 (15) | 26Y 5M | 83.00 |
Axis NIFTY IT ETF Portfolio Analysis
| No. of Stocks | 10 |
| Top 10 Stocks | 99.85% |
| Top 5 Stocks | 78.40% |
| Top 3 Sectors | 99.85% |
| Portfolio P/B Ratio | 4.86 |
| Portfolio P/E Ratio | 19.70 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 2,93,665 | 2,26,606 |
| Large (%) | 21.73 | 21.05 |
| Mid (%) | 81.61 | 65.13 |
| Small (%) | 18.39 | 22.83 |
| Tiny (%) | — | 24.10 |
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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