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Blog
Axis Nifty IT Index Fund Direct Growth

Axis Nifty IT Index Fund Direct Growth

Equity
Sectoral
Very High Risk
1M
6M
1Y
All
NAV: 09 Jan '26
₹13.23
Min. SIP amount
₹100
Fund size
₹139.95 Cr
Expense ratio
0.32%

Return calculator

Monthly SIP
One time
Monthly investment
₹5,000
Over the pastTotal investmentWould've becomeHistoric returnsReturns
1 year₹60,000₹58,323
-2.79%

Holdings (10)

NameSectorInstrumentsAssets
Infosys Ltd.TechnologyEquity29.04%
Tata Consultancy Services Ltd.TechnologyEquity21.51%
HCL Technologies Ltd.TechnologyEquity11.25%
Tech Mahindra Ltd.TechnologyEquity9.49%
Wipro Ltd.TechnologyEquity7.07%
Persistent Systems Ltd.TechnologyEquity6.44%
LTIMindtree Ltd.TechnologyEquity5.29%
Coforge Ltd.TechnologyEquity5.23%
Mphasis Ltd.TechnologyEquity2.98%
Oracle Financial Services Software Ltd.TechnologyEquity1.70%

Minimum investments

Min. for 1st investment
₹100
Min. for 2nd investment
₹100
Min. for SIP
₹100

Returns and rankings

Annualised returns
Absolute returns
Name3M6M1YAll
Fund returns+13.8%-0.5%-11.8%+33.3%
Category average (Equity Sectoral)-----8.4%--
Rank (Equity Sectoral)1611--

Exit load, stamp duty and tax

Exit load

Exit load of 0.25%, if redeemed within 7 days.

Stamp duty on investment: 0.005% (from July 1st, 2020)

from July 1st 2020

Tax implication

Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.
Check past data

Fund management

KK
Karthik Kumar
Apr 2024 - Present
View details

Education
Mr. Kumar has done M.B.A, C.F.A, (USA) & B.E (Mechanical)
Experience
Prior to joining Axis Mutual Fund he has worked with SilverTree Hong Kong and Asiya Investment, Hong Kong

About Axis Nifty IT Index Fund Direct Growth

Axis Nifty IT Index Fund Direct Growth is a Equity Mutual Fund Scheme launched by Axis Mutual Fund. This scheme was made available to investors on 04 Sep 2009. Karthik Kumar is the Current Fund Manager of Axis Nifty IT Index Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹3,62,655 Cr and the Latest NAV as of 09 Jan 2026 is ₹13.23. The Axis Nifty IT Index Fund Direct Growth is rated Very High risk. Minimum SIP Investment is set to ₹100. Minimum Lumpsum Investment is ₹100. Exit load of 0.25%, if redeemed within 7 days. ;

Investment Objective

The scheme seeks to provide returns before expenses that corresponds to the total returns of the NIFTY IT TRI subject to tracking errors.
Fund benchmarkNIFTY IT Total Return Index
Scheme Information Document(SID)

Fund house

AMC Image
Axis Mutual Fund
Rank (total assets)#7 in India
Total AUM₹3,62,655.43 Cr
Date of Incorporation04 Sep 2009
Phone022-24255161
E-mailNA
Websitehttp://www.axismf.com
Launch Date04 Sep 2009
Address23rd Floor, One Lodha Place,S. B. Road, Lower Parel. Mumbai 400013
CustodianDeutsche Bank
Registrar & Transfer AgentKFin Tech
Email[email protected]
Websitewww.karvymfs.com
AddressKarvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
Vaishnavi Tech Park, South Tower, 3rd FloorSarjapur Main Road, Bellandur, Bengaluru – 560103Karnataka
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