Axis Nifty IT Index Fund - Direct Plan - IDCW

Open Ended Schemes(Other Scheme - Index Funds)Very High Riskvs NIFTY IT TRIISIN INF846K018R1

NAV · 06-Jul-2026

₹9.5745

-6.63%

-27.75%

1Y (CAGR)

-28.06%

3Y (CAGR)

—

5Y (CAGR)

—

Since inception (CAGR)

-2.75%

NAV history

hover for values

Risk & SIP analytics

Volatility (3y)

21.69%

Downside dev (3y)

15.52%

Max drawdown (3y)

-42.3%

SIP XIRR (3y)

-15.04%

Calendar-year returns

2024 +23.9%2025 -10.8%

Vs benchmark — Nifty IT

3y monthly · 36 months of overlap

Beta

1.00

Alpha (p.a.)

+1.64%

Up capture

103.4%

Down capture

98.2%

Correlation

1.00

Fund facts

Fund managerNandik Malik · Rohit Gautam

AUM₹1,189 Cr

Expense ratio0.32% · 2026-05-31

TER · AMFI officialDirect 0.36% · Regular 1.09% (2026-06-30)

Launch date27-Jun-2023

Plan typeOpen Ended · Others

Min lumpsum₹100

Min SIP₹100

Lock-inNone

Volatility21.67

AMCAxis Asset Management Co. Ltd.

Objective · To provide returns before expenses that corresponds to the total returns of the NIFTY IT TRI subject to tracking errors. However, there can be no assurance or guarantee that the investment objective of the Scheme will be achieved.

scheme documents ↗