Axis Nifty Bank Index Fund

The Nifty Bank Index tracks the 12 largest and most liquid banking stocks listed on India’s National Stock Exchange. It reflects the performance of India’s banking sector, which plays a critical role in the country’s economy by supporting businesses, consumers, and infrastructure growth. Investing in this index lets you participate in the potential growth of India’s strongest banks.

The Axis Nifty Bank Index Fund is a passive mutual fund that invests in the same stocks, same proportion that form the Nifty Bank Index. The fund aims to closely track the index’s returns, giving you simple and cost-effective access to India’s top banking companies without the need to pick stocks.

This fund invests almost entirely in the banking sector (99%), which includes largest Indian private banks, public sector banks, and investment banks. The fund provides focused exposure to India’s banking segment, which is a key driver of economic growth*.

By investing in this fund, you gain exposure to India’s leading banks such as: HDFC Bank Ltd, ICICI Bank Ltd, Axis Bank Ltd, State Bank of India, Kotak Mahindra Bank Ltd and many more. These banks are among the largest and most stable financial institutions in India*.

You can start investing with as little as ₹500 through a lump sum payment or ₹100 through a Systematic Investment Plan (SIP), making it accessible for beginners and experienced investors alike.

The Axis Nifty Bank Index Fund has a low expense ratio of just 0.18% (direct growth plan, as of 30 September 2025). Lower expenses mean more of your invested money stays in the market working towards your wealth creation rather than paying for management fees#.

This fund focuses on India’s banking sector, which can behave differently from other sectors such as technology or consumer goods*. Adding this fund to your portfolio provides concentrated exposure to a key economic sector, balancing growth and risk when combined with broader equity funds.

Unlike active funds where managers try to pick winning banks, Axis Nifty Bank Index Fund mirrors the Nifty Bank Index. This results in lower costs, more transparency, and performance that closely matches the sector’s overall market trend without stock-picking risks subject to tracking error.

•    Long-Term Capital Gains (LTCG): Gains after 1 year are taxed at 12.5% on profits exceeding ₹1.25 lakh per year^^.
•    Short-Term Capital Gains (STCG): Gains within 1 year are taxed at 20%.
Holding your investment for over a year can help reduce your tax liability^^.

Yes! You can set up an SWP for regular cash withdrawals or STP to transfer funds systematically between Axis Mutual Fund schemes, offering flexibility and better control over your investments.

*Note: Sector(s)/ Stock(s) mentioned above are for the purpose of disclosure of the portfolio of the Scheme(s) and should not be construed as recommendation.

^^For individual nature of tax implications, investors are requested to consult their tax advisors before investing.

#Total Expense Ratio (TER) is of Axis Nifty Bank Index Fund direct Growth Plan as on 30 September 2025. The TER of the Scheme is subject to change  at the discretion of AMC within the limits specified in Scheme Information Document. Investors are requested to visit Axis Mutual Fund website to view the current TER of the Scheme at the time of investments (https://www.axismf.com/total-expense-ratio).
For NSE disclaimer, refer SID.

Past performance may or may not be sustained in the future.

Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.