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Axis Nifty IT Index Fund Direct Growth
Equity
Sectoral
Very High Risk
NAV: 20 Feb '26
₹11.19
Min. for SIP
₹100
Fund size
₹140.53 Cr
Expense ratio
0.32%
Return calculator
Monthly investment
₹5,000
| Over the past | Total investment | Would've become | Historic returns | Returns |
|---|---|---|---|---|
| 3 months | ₹15,000 | ₹13,962 | -6.92% | |
| 6 months | ₹30,000 | ₹27,370 | -8.77% | |
| 1 year | ₹60,000 | ₹58,323 | -2.79% |
Holdings (10)
| Name | Sector | Instruments | Assets |
|---|---|---|---|
| Infosys Ltd. | Technology | Equity | 29.26% |
| Tata Consultancy Services Ltd. | Technology | Equity | 20.79% |
| HCL Technologies Ltd. | Technology | Equity | 11.66% |
| Tech Mahindra Ltd. | Technology | Equity | 10.38% |
| Wipro Ltd. | Technology | Equity | 6.35% |
| Persistent Systems Ltd. | Technology | Equity | 6.16% |
| Coforge Ltd. | Technology | Equity | 5.17% |
| LTIMindtree Ltd. | Technology | Equity | 5.17% |
| Mphasis Ltd. | Technology | Equity | 2.95% |
| Oracle Financial Services Software Ltd. | Technology | Equity | 1.70% |
Minimum investments
Min. for 1st investment
₹100
Min. for 2nd investment
₹100
Min. for SIP
₹100
Returns and rankings
Annualised returns
Absolute returns
| Name | 3M | 6M | 1Y | All |
|---|---|---|---|---|
| Fund returns | -10.5% | -4.7% | -19.3% | +14.2% |
| Category average (Equity Sectoral) | -- | -- | -8.4% | -- |
| Rank (Equity Sectoral) | 16 | 11 | 12 | -- |
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
If you redeem within one year, returns are taxed at 20%. If you redeem after one year, returns exceeding Rs 1.25 lakh in a financial year are taxed at 12.5%.
Check past data
Fund management
KKKarthik KumarApr 2024 - PresentView details
KK
Karthik Kumar
Apr 2024 - Present
View details
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 ₹3,58,698 Cr and the Latest NAV as of 20 Feb 2026 is ₹11.19.
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.
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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
Fund house
Rank (total assets)#7 in India
Total AUM₹3,58,698.01 Cr
Date of Incorporation04 Sep 2009
Launch Date04 Sep 2009
Address23rd Floor, One Lodha Place,S. B. Road, Lower Parel. Mumbai 400013
Websitewww.karvymfs.com
AddressKarvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,