Axis Nifty Bank Index Fund - Direct Plan - IDCW Option

Open Ended Schemes(Other Scheme - Index Funds)Very High Riskvs Nifty Bank TRIISIN INF846K016W5

NAV · 06-Jul-2026

₹12.0416

+7.20%

-3.38%

1Y (CAGR)

+2.56%

3Y (CAGR)

—

5Y (CAGR)

—

Since inception (CAGR)

+9.46%

NAV history

hover for values

Risk & SIP analytics

Volatility (3y)

16.87%

Downside dev (3y)

13.27%

Max drawdown (3y)

-18.3%

Calendar-year returns

2025 +17.9%

Vs benchmark — Nifty Bank

3y monthly · 26 months of overlap

Beta

1.00

Alpha (p.a.)

+0.54%

Up capture

101.0%

Down capture

98.4%

Correlation

1.00

Fund facts

Fund managerNandik Malik · Rohit Gautam

AUM₹1,586 Cr

Expense ratio0.18% · 2026-05-31

TER · AMFI officialDirect 0.22% · Regular 1.08% (2026-06-30)

Launch date03-May-2024

Plan typeOpen Ended · Others

Min lumpsum₹500

Min SIP₹100

Lock-inNone

Volatility16.81

AMCAxis Asset Management Co. Ltd.

Objective · To provide returns before expenses that corresponds to the total returns of the Nifty Bank TRI subject to tracking errors. However, there is no assurance that the investment objective of the Scheme will be achieved.

scheme documents ↗