Fund Details
Axis Nifty ETF Regular Growth
| Risk | Very High |
|---|---|
| Min SIP Amount | Not Supported |
| Expense Ratio | 0.07% |
| NAV | ₹154.33 (09 Apr 2021) |
|---|---|
| Fund Started | 03 Jul 2017 |
| Fund Size | ₹35 Cr |
Returns
Comparison
1. Lower expense ratio - 0.07%
2. 1Y Returns are higher than the category average returns
3. 3Y Returns are higher than the category average returns
4. Exit load is zero
1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Reliance Industries Ltd. | Energy | Equity | 10.8% |
| HDFC Bank Ltd. | Financial | Equity | 10.7% |
| Infosys Ltd. | Technology | Equity | 7.4% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 7.3% |
| ICICI Bank Ltd. | Financial | Equity | 6.6% |
| Tata Consultancy Services Ltd. | Technology | Equity | 4.8% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 4.2% |
| Hindustan Unilever Ltd. | FMCG | Equity | 3.0% |
| Axis Bank Ltd. | Financial | Equity | 2.9% |
| ITC Ltd. | FMCG | Equity | 2.8% |
Fund Managers
Axis Nifty ETF Regular Growth Details
Axis Nifty ETF Regular Growth is a Others Mutual Fund Scheme launched by Axis Mutual Fund. This scheme was made available to investors on 03 Jul 2017. Ashish Naik is the Current Fund Manager of Axis Nifty ETF Regular Growth fund.The fund currently has an Asset Under Management(AUM) of ₹35 Cr and the Latest NAV as of 09 Apr 2021 is ₹154.33.
The Axis Nifty ETF Regular Growth is rated Very High risk. Minimum SIP Investment is set to 1000.
Investment Objective
The scheme seeks to provide returns before expenses that closely correspond to the total returns of the Nifty 50 Index subject to tracking errors.
Tax Implications
Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.
