OmniAsset
Get app

OmniAsset › Mutual funds › Axis Nifty IT Index Fund

Axis Nifty IT Index Fund

Index Fund fund benchmarked to NIFTY IT TRI. Every figure below is read from one dated snapshot; what the snapshot cannot prove is left out, never estimated.

Latest NAV2 Sep 202610.7069
CategoryIndex Fund
PlanRegular · Growth
Launched27 Jun 2023
Risk labelthe scheme's own riskometerVery High
Legal benchmarkSEBI Tier-1NIFTY IT TRI
Expense ratiodirect plan, a year1.16%
AUM₹41.7 Cr
Growth of ₹10,000₹10,23818 Jul 2023 to 2 Sep 2026
₹14,746₹13,283₹11,821₹10,359₹8,897Jul 2023Apr 2024Feb 2025Nov 2025Sep 2026
₹10,238 (+0.8% a year) Axis Nifty IT Index Fund

Performance (trailing, annualised)

1Y annualised-12.05%
3Y annualised0.61%

Point-to-point from the fund's own published NAV; a period the history does not span is left out.

SIP returns

SIP 1Y (₹10,000 a month)invested ₹1,20,000 → worth ₹1,14,125-8.92%
SIP 3Y (₹10,000 a month)invested ₹3,60,000 → worth ₹3,21,890-7.13%

₹10,000 on the first of every month, valued at the latest NAV, as an annualised rate (XIRR).

Calendar years

Calendar 202423.08%
Calendar 2025-11.43%

Rolling returns

Rolling 1Y · average110 windows since 18 Jul 20241.23%
Rolling 1Y · median-6.71%
Rolling 1Y · worst window-29.41%
Rolling 1Y · best window39.93%
Rolling 1Y · windows positive44%

Every window of that length in the published history, so one lucky start date cannot flatter the fund.

Risk

Volatility (3Y)22.00%
Downside deviation (3Y)15.44%
Maximum drawdown-42.93%

Management

Fund managerMr. Nandik Malik, Mr. Rohit Gautam
Managing since2 Sep 2026

Related

Source: the OmniAsset signed reference snapshot, as of 4 Sep 2026. Figures are deterministic; missing data is withheld, never estimated. See methodology and data sources. Not investment advice.

Research this fund and compare it — on your device.

Get OmniAsset on Google Play The mutual fund tracker