NAV on (11 May 2026 )
₹10.07 ▼
(-0.23%)
Fund Size
₹112.62 Crores
1Y Returns
-17.07 %
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.
Axis Asset Management Company Ltd.
Launch Date
June 27, 2023
Fund Manager
Mr. Nandik Mallik
Initial Price
10
AUM Fund
112.62 Cr
Min investment
Rs 100
Expense Ratio
1.03%
Daily - Rs. 100/- and in multiples of Re 1/- thereafter. Minimum number of installments 6.Weekly - Rs. 100/- and in multiples of Re 1/- thereafter. Minimum number of installments 6.Monthly - Rs. 100/- and in multiples of Re 1/- thereafter. Minimum number of installments 6. Yearly - Rs. 12,000/- and in multiple of Re.1/- thereafter. Minimum number of installments 3.
If redeemed/ switched out within 7 days from the date of allotment/ Investment - 0.25%If redeemed/ switched out after 7 days from the date of allotment/ Investment - Nil.
1 Month
-5.32%
6 Months
-18.62%
1 Year
-17.07%
2 Years (CAGR)
-4.49%
3 Years (CAGR)
NA
5 Years (CAGR)
NA
| Equity / Mid Cap funds | 1Y | 3Y | Fund Size (Cr) |
|---|---|---|---|
| 163.18% | 0.00% | ₹5197.1 | |
| 162.63% | 231.99% | ₹14511.43 | |
| 162.40% | 230.95% | ₹1631.16 | |
| 162.25% | 224.08% | ₹2967.76 | |
| 161.98% | 231.03% | ₹3319.12 |
Q: What is the current NAV of Axis Nifty IT Index Fund - IDCW?
A: The latest NAV of Axis Nifty IT Index Fund - IDCW is ₹ 10.07 as on 11 May 2026.
Q: What type of mutual fund is Axis Nifty IT Index Fund - IDCW?
A: Axis Nifty IT Index Fund - IDCW is a 'Equity - Others' type mutual fund managed by 'Axis Asset Management Company Ltd.'.
Q: What is the expense ratio of Axis Nifty IT Index Fund - IDCW?
A: The expense ratio of Axis Nifty IT Index Fund - IDCW is 1.03%, which impacts overall returns.
Q: Who manages Axis Nifty IT Index Fund - IDCW?
A: Axis Nifty IT Index Fund - IDCW is managed by Mr. Nandik Mallik, who oversees investment strategy and portfolio decisions.
Q: Is Axis Nifty IT Index Fund - IDCW a good investment?
A: Axis Nifty IT Index Fund - IDCW may be suitable depending on your financial goals, risk appetite, and investment horizon. Always evaluate fund performance and consult a financial advisor.
Q: What is the exit load of Axis Nifty IT Index Fund - IDCW?
A: The exit load of Axis Nifty IT Index Fund - IDCW is If redeemed/ switched out within 7 days from the date of allotment/ Investment - 0.25%If redeemed/ switched out after 7 days from the date of allotment/ Investment - Nil., applicable if redeemed within the specified period.
Q: How is Axis Nifty IT Index Fund - IDCW taxed?
A: Taxation depends on the fund type (equity/debt) and holding period as per Indian tax laws.
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