| Risk | Moderately High |
|---|---|
| Min SIP Amount | Not Supported |
| Expense Ratio | 0.07% |
| NAV | ₹117.09 (13 Aug 2020) |
|---|---|
| Fund Started | 03 Jul 2017 |
| Fund Size | ₹24 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Reliance Industries Ltd. | Energy | Equity | 14.0% |
| HDFC Bank Ltd. | Financial | Equity | 9.5% |
| Infosys Ltd. | Technology | Equity | 7.5% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 6.6% |
| Tata Consultancy Services Ltd. | Technology | Equity | 5.1% |
| ICICI Bank Ltd. | Financial | Equity | 4.8% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 4.3% |
| Hindustan Unilever Ltd. | FMCG | Equity | 4.2% |
| ITC Ltd. | FMCG | Equity | 3.6% |
| Bharti Airtel Ltd. | Communication | Equity | 2.8% |
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 ₹24 Cr and the Latest NAV as of 13 Aug 2020 is ₹117.09.
The Axis Nifty ETF Regular Growth is rated Moderately High risk. Minimum SIP Investment is set to 1000.
The investment objective of the Scheme is to provide returns before expenses that closely correspond to the total returns of the Nifty 50 Index subject to tracking errors. However,there is no assurance or guarantee that the investment objective of the Scheme will be achieved.
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.