Axis Nifty IT Index Fund Direct Growth
Get the latest NAV of Axis Nifty IT Index Fund Direct Growth. View historical returns compared to its benchmark and category average. Know which stocks and sectors the fund is investing in. Get an estimate of returns from the SIP and lump sum returns calculator. View detailed holding analysis and peer comparison. Get INDmoney ranking of the fund.
₹13.39
1D
NAV as on 03 Jul 2025
15.94%/per year
Since Inception
▲▼
3888 people have invested ₹ 55.8L in Axis Nifty IT Index Fund Direct Growth in the last three months
Peer comparison
Axis Nifty IT Index Fund Returns Calculator
Calculate SIP and lumpsum returns based on historical performance
Total Investment
0
Profit
Total Corpus
0
Axis Nifty IT Index Fund Asset Allocation
See fund asset allocation details as on (14-Jun-25)
Fund Distribution
as on (14-Jun-25)
Equity 99.6%
Debt & Cash 0.4%
Axis Nifty IT Index Fund Sector Allocation
See fund sector allocation details as on (14-Jun-25)
Sector Allocation
Equity 99.6%
Debt & Cash 0.4%
Top Sector in May was Tech
Tech
100%
Tech
100%
Axis Nifty IT Index Fund Holdings Details
as on (30-Jun-25)
Equity
Axis Nifty IT Index Fund Direct Growth Overview
Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.
| Expense ratio | 0.32% |
Benchmark | NIFTY IT TRI TR INR |
| AUM | ₹131 Cr |
| Inception Date | 14 July, 2023 |
| Min Lumpsum/SIP | ₹100/₹100 |
Exit Load | 0.2% |
| Lock In | No Lock-in |
TurnOver | 6.92% |
| STCG | Selling mutual fund before 1 year, returns taxed at 20%. |
| LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
| Risk |   Very High Risk |
About Axis Nifty IT Index Fund
Axis Nifty IT Index Fund Direct Growth is an equity fund. This fund was started on 14 July, 2023. The fund is managed by . The fund could potentially beat inflation in the long-run.
Key Parameters
- Axis Nifty IT Index Fund Direct Growth has ₹131 Cr worth of assets under management (AUM) as on Jun 2025 and is more than category average.
- The fund has an expense ratio 0.3.
Returns
Axis Nifty IT Index Fund Direct Growth has given a CAGR return of 15.94% since inception. Over the last 1 year the fund has given a CAGR return of 5.81%.
Holdings
Axis Nifty IT Index Fund Direct Growth has allocated its funds majorly in Tech, Cash Equivalent. Its top holdings are Infosys Ltd, Tata Consultancy Services Ltd, HCL Technologies Ltd, Tech Mahindra Ltd, Wipro Ltd
Taxation
As it is a index funds mutual fund the taxation is as follows:For short term (less than a year) capital gains will be taxed at 20%For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefitDividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.
Investment objective of Axis Nifty IT Index Fund Direct Growth
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.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. Axis Nifty IT Index Fund Direct Growth has no lock in period.
- AUM of the fund stands at 131.4 Cr as of May'25
- AUM increased by 6.3 Cr between May'25 and Apr'25
More funds from Axis
3Y CAGR
▲ 33.00
3Y CAGR
▲ 31.82
3Y CAGR
▲ 29.11
3Y CAGR
▲ 29.04
5Y CAGR
▲ 32.69
Frequently Asked Questions for Axis Nifty IT Index Fund Direct Growth
How do I invest in Axis Nifty IT Index Fund?
- Download the INDmoney app.
- Search for ‘Axis Nifty IT Index Fund’.
- Select whether you want to invest in SIP or lump sum.
- Enter the amount you wish to invest.
- Set up payments via bank mandate or UPI.