Fund Overview
Axis Nifty Bank Index Fund
Scheme Type: Index Funds
Fund Manager:
Mr. Karthik Kumar
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NAV as on Oct 09, 2025
₹ 11.5797
CAGR
3.89 %
AUM as on 30 Sep 2025(in Cr.)
₹ 135.79
Updated as on: September 30, 2025
Risk
Very High
An Open Ended Index Fund tracking the Nifty Bank TRI
Investment Objective
To provide returns before expenses that corresponds to the total returns of the Nifty Bank TRI subject to tracking errors. However, there is no assurance that the investment objective of the Scheme will be achieved.
Fund Manager
Mr. Karthik Kumar
Managing this fund since 24th May 2024
17
Years
Work Experience
See all schemes managed by Karthik Kumar
Entry Load
Not Applicable
Exit Load
if redeemed/ switched out within 7 days from the date of allotment/ Investment – 0.25%
if redeemed/ switched out after 7 days from the date of allotment/ Investment - Nil
if redeemed/ switched out after 7 days from the date of allotment/ Investment - Nil
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 TRI stocks and aims to achieve returns of the stated index, subject to tracking error
*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
Axis Nifty Bank Index Fund
The risk of the scheme is Very High
Nifty Bank TRI
The risk of the benchmark is Very High
Minimum Investment Amount
- Lumpsum Investment :₹ 500
- Additional Investment :₹ 100
- Systematic Investment :₹ 100
Underlying Index Details
- Index Methodology -Click here
- Index Constituents -Click here
- Index Historical Changes -Click here
Goal Planning
Big or small, everyone has goals that they want to accomplish. There are some goals you’re able to fulfil and others that you’re not. With proper planning a lot of this can be managed.
Savings, on their own are not enough. And most people who invest, do so in an ad-hoc manner. When the markets look promising, they follow the trend and invest like others do. When the volatility sets in, they worry over their investments and take uninformed decisions.
Access all the goal features and benefits at No Cost.
Choose your goal
Let your money work for your goals.
Top 1 sectors
Issuers
% Of Net Assets
Financial Services
99.78
Issuers
Top 10 Issuers
% Of Net Assets
HDFC Bank Limited
28.57
ICICI Bank Limited
26.02
State Bank of India
9.09
Kotak Mahindra Bank Limited
8.07
Axis Bank Limited
7.81
IndusInd Bank Limited
3.36
The Federal Bank Limited
3.25
IDFC First Bank Limited
3.10
Bank of Baroda
2.97
AU Small Finance Bank Limited
2.76
Investment Packs
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Axis Bank Ltd. is not liable or responsible for any loss or shortfall resulting from the operation of the scheme.
Past performance may or may not be sustained in future. Please consult your financial advisor before investing.
Mutual fund investments are subject to market risks, read all scheme related documents carefully.
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