- Mutual Funds
- Axis Mutual Fund
- Axis NIFTY Bank ETF Regular Growth
Axis NIFTY Bank ETF Regular Plan Growth
₹ 530.3651
NAV (Oct 15)
Investment Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsHistorical NAV
₹ 530.3651
NAV (Oct 15)
Fund Returns
Last 1Y | 17.6% |
Last 3Y | 10.3% |
Last 5Y | NA |
Last 10Y | NA |
Since Inception | 18.2% |
6 Month CAGR | 7.5% |
Scheme Information
The scheme seeks to provide returns before expenses that closely correspond to the total returns of the NIFTY Bank Index subject to tracking errors.
Expense Ratio | 0.19 |
Launched (0y ago) | 0.19 |
AUM in Crores | 274.9 |
ISIN | INF846K01X63 |
Lock-in | - |
Benchmark | NIFTY Bank Total Return Index |
SIP Minimum | 1000 |
Lumpsum Min. | 5000 |
Standard Deviation (3yr) | - |
Standard Deviation | 15.7 |
Beta | 1 |
Sharpe Ratio | 0.5 |
YTM | - |
Fund Managers
Returns Calculator Comparison
of
for
with step up of
| Asset | Returns | Total Corpus | Gains | CAGR |
|---|---|---|---|---|
| Axis NIFTY Bank ETF (G) | 9,42,331 | 2,09,719 | 10.3% | |
| EPF | 9,00,761 | 1,68,149 | 8.50% | |
| Property | 8,67,662 | 1,35,050 | 7.00% | |
| PPF | 8,69,819 | 1,37,207 | 7.10% | |
| Bank FD | 8,46,471 | 1,13,859 | 6.00% | |
| Gold | 8,46,471 | 1,13,859 | 6.00% | |
| Savings Bank | 8,25,950 | 93,338 | 5.00% |
Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.
Asset allocation and Holdings
Top Stock Holdings
HDFC Bank Ltd.
27.6%ICICI Bank Ltd.
24.1%State Bank of India
10.5%Kotak Mahindra Bank Ltd.
10.3%Axis Bank Ltd.
9.3%Allocation by Sector
Financial
99.7%Comparison with Equity Funds
| Fund Name | Fund Size | |
|---|---|---|
₹ 26,417 cr | ||
₹ 24,508 cr | ||
₹ 66,206 cr | ||
₹ 51,197 cr | ||
₹ 17,770 cr |
About the AMC
Axis Mutual Fund
| Fund Name | Scripbox Opinion | Till Date CAGR | |
|---|---|---|---|
6.2% | 7% | ||
- | 5.8% | ||
5.8% | 4.9% | ||
6.3% | 8% | ||
6.1% | 7.1% |
Axis NIFTY Bank ETF Regular Plan Growth Review
Axis NIFTY Bank ETF Regular Plan Growth is a Index Funds Equity fund and has delivered an annualised return of 18.16% over a period of 3 years. The fund is managed by Axis Mutual Fund. The fund managers are Ashish Naik, Karthik Kumar.
Nav of Axis NIFTY Bank ETF as of 10/15/2024 is ₹530.37 with the total AUM as of 10/16/2024 is ₹274.939701. With Scripbox you can compare and check the latest nav for all mutual funds in India. Axis NIFTY Bank ETF was launched on 2020-11-05. The category risk of the fund is null.
The minimum SIP amount for Axis NIFTY Bank ETF Regular Plan Growth is ₹1000 and you can increase this in multiples of ₹100. In case you want to invest a lump sum, the minimum amount to be invested is ₹5000. Check your estimated returns on mutual funds by using sip calculator.
Axis NIFTY Bank ETF Regular Growth is meant for investors with a minimum investment horizon of 5-7 years. Due to the asset class nature, expect volatility in your investments over the short term. The fund is benchmarked to NIFTY Bank Total Return Index.
It is rated as a null fund in Equity and delivered 17.641% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with Axis NIFTY Bank ETF.
Frequently Asked Questions
What is Axis NIFTY Bank ETF?
How to invest in Axis NIFTY Bank ETF?
You can invest in Axis NIFTY Bank ETF Regular Plan through AMC, intermediaries, brokers or platforms like Scripbox. To learn step by step process visit how to invest in mutual funds?
What is the minimum sip amount of Axis NIFTY Bank ETF?
The minimum sip amount for Axis NIFTY Bank ETF Regular Plan is ₹1000. You can invest in multiples of ₹5000.
Is Axis NIFTY Bank ETF Regular Plan good to invest in?
As per Scripbox experts, it is a fund. You can invest in it if its investment objective and risk-o-meter matches your investment goals and risk preferences.
What is the expense ratio of the Axis NIFTY Bank ETF Regular Plan Growth?
The expense ratio of the Axis NIFTY Bank ETF Regular Growth is 0.19% for regular plan.
What is the NAV of Axis NIFTY Bank ETF?
Today's Axis NIFTY Bank ETF Regular Growth NAV is ₹530.37.