Axis Nifty IT Index Fund
Get the latest NAV of Axis Nifty IT Index Fund. 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.
₹10.37
▲0.1%1D
NAV as on 25 Mar 2026
1.35%/per year
Since Inception
▲▼
3543 people have invested ₹ 57.6L in Axis Nifty IT Index Fund 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-Mar-26)
Fund Distribution
as on (14-Mar-26)
Axis Nifty IT Index Fund Sector Allocation
See fund sector allocation details as on (14-Mar-26)
Sector Allocation
Top Sector in February was Tech
Tech
100%
Tech
100%
Axis Nifty IT Index Fund Holdings Details
as on (28-Feb-26)
Axis Nifty IT Index Fund 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 | ₹119 Cr |
| Inception Date | 14 July, 2023 |
| Min Lumpsum/SIP | ₹100/₹100 |
Exit Load | 0.2% |
| Lock In | No Lock-in |
TurnOver | 18.21% |
| Risk |   Very High Risk |
About Axis Nifty IT Index Fund
Axis Nifty IT Index Fund is an equity fund. This fund was started on 14 July, 2023. The fund is managed by Nandik Malik, Rohit Gautam. The fund could potentially beat inflation in the long-run.
Key Parameters
- Axis Nifty IT Index Fund has ₹119 Cr worth of assets under management (AUM) as on Mar 2026 and is more than category average.
- The fund has an expense ratio 0.3.
Returns
Axis Nifty IT Index Fund has given a CAGR return of 1.35% since inception. Over the last 1 year the fund has given a CAGR return of -19.71%.
Holdings
Axis Nifty IT Index Fund has allocated its funds majorly in Cash Equivalent, Tech. 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
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 has no lock in period.
Fund Manager
Nandik Malik
Fund Manager of Axis Nifty IT Index Fund, since 6 March 2026
Rohit Gautam
Fund Manager of Axis Nifty IT Index Fund, since 6 March 2026
- AUM of the fund stands at 118.6 Cr as of Feb'26
- AUM decreased by 21.9 Cr between Feb'26 and Jan'26
Frequently Asked Questions for Axis Nifty IT Index Fund
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.