Why Invest in ETFs Funds?
Overview and liquidity information
Benefits
Investor invests at nearly the real-time prices as opposed to end of day price
Best suited to earn asset class performance-linked return by replicating the index basket as closely as possible
Protects long-term investors from the inflows and outflows of short-term investors
Tool for gaining instant exposure to the markets
Low expense ratio
Investment Objective
The investment objective of the scheme is to provide returns before expenses that closely correspond to the total returns of the NIFTY Bank Index subject to tracking errors. However, there is no assurance or guarantee that the investment objective of the scheme will be achieved
Entry Load, Exit Load & Tax
Underlying Index Details
This product is suitable for investors who are seeking*
- Long term wealth creation solution.
- An index fund that seeks to track returns by investing in a basket of NIFTY Bank Index stocks and aims to achieve returns of the stated index, subject to tracking error
Investors can directly approach the AMC for redemption of units of ETFs, without any exit load, in case of the following scenarios:
Traded price (closing price) of the ETF units is at discount of more than 1% to the day-end NAV for 7 continuous trading days, or
No quotes for such ETFs are available on stock exchanges) for 3 consecutive trading days, or
Total bid size on the exchange is less than half of creation units size claily, averaged over a period of 7 consecutive trading days
In case of the above scenarios, applications received from investors for redemption upto 3.00p.m. on any trading day, shall be processed by the AMC at the closing NAV of the day.
Fund Manager
Performance
Returns Calculator
Returns Over The Years
Performance of Axis NIFTY Bank ETF - Regular Growth as of April 14, 2026
| Nifty Bank TRI | Current Value of Rs.10,000 Invested | |||||
|---|---|---|---|---|---|---|
| Annualised(%) | Nifty Bank TRI Benchmark(%) | Nifty 50 TRI Additional Benchmark(%) | Annualised(₹) | Nifty Bank TRI Benchmark(₹) | Nifty 50 TRI Additional Benchmark(₹) | |
| Since Inception 2020-11-03 | 14.36% | 14.01% | 13.78% | 20,657 | 20,310 | 20,097 |
| 5 Years | 9.18% | 9.39% | 10.01% | 15,510 | 15,662 | 16,113 |
| 3 Years | 8.05% | 8.28% | 10.03% | 12,615 | 12,696 | 13,320 |
| 1 Year | -1.96% | -1.72% | -3.97% | 9,803 | 9,827 | 9,601 |
Fund Quants
Tracking Difference
| Fund Names | 1 Year | 3 Year | 5 Year | 10 Year | Since Inception |
|---|---|---|---|---|---|
| Axis NIFTY Bank ETF | -0.27 | -0.24 | -0.24 | N/A | 0.36 |
Tracking Error
Portfolio
Asset Cap Mix
Portfolio Summary
Holdings
| Stocks | % of holdings |
|---|---|
| HDFC Bank Limited | 19.02 |
| ICICI Bank Limited | 14.12 |
| Axis Bank Limited | 10.02 |
| State Bank of India | 9.94 |
| Kotak Mahindra Bank Limited | 9.73 |
Documents
Leaflet
SID
KIM
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