How to Invest in Axis NIFTY IT ETF Growth?

You can easily invest in Axis NIFTY IT ETF Growth in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps: Log on to your Groww account Search for Axis NIFTY IT ETF Growth from the search box In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete Once you are done with that, you can start investing in Axis NIFTY IT ETF Growth as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does Axis NIFTY IT ETF Growth provide?

The Axis NIFTY IT ETF Growth has been there from 25 Mar 2021 and the average annual returns provided by this fund is -12.81% since its inception.

How much expense ratio is charged by Axis NIFTY IT ETF Growth?

The term Expense Ratio used for Axis NIFTY IT ETF Growth or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund. The Expense Ratio of Axis NIFTY IT ETF Growth is 0.20% as of 03 Feb 2023...

What is the AUM of Axis NIFTY IT ETF Growth?

The AUM, short for Assets Under Management of Axis NIFTY IT ETF Growth is ₹136.20Cr as of 03 Feb 2023.

How to Redeem Axis NIFTY IT ETF Growth?

If you want to sell your Axis NIFTY IT ETF Growth holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.

Can I invest in SIP and Lump Sum of Axis NIFTY IT ETF Growth?

You can select either SIP or Lumpsum investment of Axis NIFTY IT ETF Growth based on your investment objective and risk tolerance.

What is the NAV of Axis NIFTY IT ETF Growth?

The NAV of Axis NIFTY IT ETF Growth is ₹316.20 as of 02 Feb 2023.

What is the PE and PB ratio of Axis NIFTY IT ETF Growth?

The PE ratio ratio of Axis NIFTY IT ETF Growth is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

Axis NIFTY IT ETF Growth - NAV, Mutual Fund Performance & Portfolio

Axis NIFTY IT ETF Growth
Other
Index
Very High Risk
1M
6M
1Y
All
 NAV: 02 Feb 2023₹316.20
Min. SIP amountNot Supported
RatingNA
Fund size₹136.20Cr
Return calculator
Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of ₹0
Would have become ₹ (%)
Understand termsAnnualised returnsAverage of the yearly returns of a mutual fund over a given period.
Absolute returnsThe total return of a mutual fund over a given period.
Returns and rankingsCategory: Other Index
Absolute returns
3M6M1YAll
Fund returns7.6%3.2%-23.5%14.6%
Category averageNANA-12.2%NA
Rank with in category234NA
Understand terms
Holdings (10)NameSectorInstrumentAssets
Tata Consultancy Services Ltd.TechnologyEquity26.5%
Infosys Ltd.TechnologyEquity26.4%
Wipro Ltd.TechnologyEquity9.2%
Tech Mahindra Ltd.TechnologyEquity9.1%
HCL Technologies Ltd.TechnologyEquity9.1%
LTIMindtree Ltd.TechnologyEquity7.9%
Persistent Systems Ltd.TechnologyEquity3.9%
Mphasis Ltd.TechnologyEquity3.2%
Coforge Ltd.TechnologyEquity2.8%
L&T Technology Services Ltd.TechnologyEquity2.0%
See All
Understand termsExpense ratioA fee payable to a mutual fund house for managing your mutual fund investments. It is the total percentage of a company’s fund assets used for administrative, management, advertising, and other expenses.
TaxA percentage of your capital gains payable to the government upon exiting your mutual fund investments. Taxation is categorized as long-term capital gains (LTCG) and short-term capital gains (STCG) depending on your holding period and the type of fund.
Exit loadA fee payable to a mutual fund house for exiting a fund (fully or partially) before the completion of a specified period from the date of investment.
Stamp dutyA form of tax payable for the purchase or sale of an asset or security. 
Past expense ratio & exit load
Expense ratio
Exit load
31 Dec 2022 - Present
0.20%
30 Nov 2022 - 31 Dec 2022
0.20%
30 Nov 2022 - 30 Nov 2022
0.20%
31 Oct 2022 - 30 Nov 2022
0.20%
31 Oct 2022 - 31 Oct 2022
0.20%
31 Oct 2022 - 31 Oct 2022
0.20%
30 Sep 2022 - 31 Oct 2022
0.20%
30 Sep 2022 - 30 Sep 2022
0.20%
30 Sep 2022 - 30 Sep 2022
0.20%
31 Aug 2022 - 30 Sep 2022
0.20%
31 Aug 2022 - 31 Aug 2022
0.20%
31 Jul 2022 - 31 Aug 2022
0.22%
31 Jul 2022 - 31 Jul 2022
0.22%
30 Jun 2022 - 31 Jul 2022
0.22%
30 Jun 2022 - 30 Jun 2022
0.22%
31 May 2022 - 30 Jun 2022
0.22%
31 May 2022 - 31 May 2022
0.22%
30 Apr 2022 - 31 May 2022
0.22%
30 Apr 2022 - 30 Apr 2022
0.22%
31 Mar 2022 - 30 Apr 2022
0.22%
31 Mar 2022 - 31 Mar 2022
0.22%
28 Feb 2022 - 31 Mar 2022
0.22%
28 Feb 2022 - 28 Feb 2022
0.22%
31 Jan 2022 - 28 Feb 2022
0.22%
31 Dec 2021 - 31 Jan 2022
0.22%
30 Nov 2021 - 31 Dec 2021
0.22%
31 Oct 2021 - 30 Nov 2021
0.22%
30 Sep 2021 - 31 Oct 2021
0.22%
31 Aug 2021 - 30 Sep 2021
0.22%
31 Jul 2021 - 31 Aug 2021
0.22%
30 Jun 2021 - 31 Jul 2021
0.22%
31 May 2021 - 30 Jun 2021
0.22%
30 Apr 2021 - 31 May 2021
0.22%
31 Mar 2021 - 30 Apr 2021
0.22%
Expense ratio, exit load and taxExpense ratio: 0.20%Inclusive of GST
Exit loadNil
Stamp duty0.005% (from July 1st, 2020)
Tax implicationReturns 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. 
Understand terms
Check past data
Minimum investment amountsMin. for 1st investmentNot Supported
Min. for 2nd investment onwardsNot Supported
Min. for SIPNot Supported
Fund managementJinesh Gopani
Mar 2021 - Present
View details
Education
Mr. Gopani is a B. Com (H) and MMS from Bharati Vidyapeeth Institute of Management Studies and Research.
Experience
Prior to joining Axis AMC he has worked with Birla Sun Life AMC, Voyager India Capital Pvt. Ltd., Emkay Shares & Stock Brokers Limited and Net worth Stock Broking Limited.
Also manages these schemes
Axis Long Term Equity Fund IDCW
Axis Long Term Equity Fund Growth
Axis Focused 25 Fund IDCW
Axis Focused 25 Fund Growth
Axis Focused 25 Direct Plan IDCW
Axis Focused 25 Direct Plan Growth
Axis Long Term Equity Direct Plan IDCW
Axis Long Term Equity Direct Plan Growth
Axis Emerging Opportunities Fund Series 1 (1400 Days) Direct IDCW
Axis Emerging Opportunities Fund Series 1 (1400 Days) Direct Growth
Axis Emerging Opportunities Fund Series 1 (1400 Days) Regular IDCW
Axis Emerging Opportunities Fund Series 1 (1400 Days) Regular Growth
Axis Emerging Opportunities Fund Series 2 (1400 Days) Regular Growth
Axis Emerging Opportunities Fund Series 2 (1400 Days) Regular IDCW
Axis Emerging Opportunities Fund Series 2 (1400 Days) Direct Growth
Axis Growth Opportunities Fund Direct IDCW
Axis Growth Opportunities Fund Direct Growth
Axis Growth Opportunities Fund Regular IDCW
Axis Growth Opportunities Fund Regular Growth
Axis Retirement Savings Fund Aggressive Plan Direct IDCW
Axis Retirement Savings Fund Aggressive Plan Regular Growth
Axis Retirement Savings Fund Aggressive Plan Regular IDCW
Axis Retirement Savings Fund Aggressive Plan Direct Growth
Axis Retirement Savings Fund Dynamic Plan Direct Growth
Axis Retirement Savings Fund Dynamic Plan Direct IDCW
Axis Retirement Savings Fund Dynamic Plan Regular Growth
Axis Retirement Savings Fund Dynamic Plan Regular IDCW
Axis Retirement Savings Fund Conservative Plan Direct Growth
Axis Retirement Savings Fund Conservative Plan Direct IDCW
Axis Retirement Savings Fund Conservative Plan Regular Growth
Axis Retirement Savings Fund Conservative Plan Regular IDCW
Axis ESG Equity Fund Direct Growth
Axis ESG Equity Fund Regular Growth
Axis ESG Equity Fund Regular IDCW
Axis ESG Equity Fund Direct IDCW
Axis NIFTY IT ETF Growth
Axis NIFTY Healthcare ETF Growth
Axis Value Fund Regular IDCW
Axis Value Fund Direct Growth
Axis Value Fund Regular Growth
Axis Value Fund Direct IDCW
Axis Nifty 50 Index Fund Regular Growth
Axis Nifty 50 Index Fund Regular IDCW
Axis Nifty 50 Index Fund Direct Growth
Axis Nifty 50 Index Fund Direct IDCW
Axis Nifty Next 50 Index Fund Direct Growth
Axis Nifty Next 50 Index Fund Regular Growth
Axis Nifty Next 50 Index Fund Regular IDCW
Axis Nifty Next 50 Index Fund Direct IDCW
Axis Nifty Smallcap 50 Index Fund Direct Growth
Axis Nifty Smallcap 50 Index Fund Direct IDCW
Axis Nifty Smallcap 50 Index Fund Regular Growth
Axis Nifty Smallcap 50 Index Fund Regular IDCW
Axis Nifty Midcap 50 Index Fund Direct IDCW
Axis Nifty Midcap 50 Index Fund Direct Growth
Axis Nifty Midcap 50 Index Fund Regular IDCW
Axis Nifty Midcap 50 Index Fund Regular Growth
Fund house & investment objective
Axis Mutual Fund
Rank (total assets)#7 in India
Total AUM₹2,61,160.43Cr
Date of Incorporation04 Sep 2009
 Axis NIFTY IT ETF Growth is a Other Mutual Fund Scheme launched by Axis Mutual Fund. This scheme was made available to investors on 04 Sep 2009. Jinesh Gopani is the Current Fund Manager of Axis NIFTY IT ETF Growth fund. The fund currently has an Asset Under Management(AUM) of ₹2,61,160 Cr and the Latest NAV as of 02 Feb 2023 is ₹316.20.
The Axis NIFTY IT ETF Growth is rated Very High risk.
;
Investment ObjectiveThe schemes seeks to provide returns before expenses that closely correspond to the total returns of the NIFTY IT Index subject to tracking errors.
;
Fund benchmarkNIFTY IT Total Return Index
Scheme Information Document(SID)
Fund house contact details
Address
"Axis House" - 1st Floor,C-2 - Wadia International Centre,Pandurang Budhkar Marg , Worli, Mumbai 400025
Phone
022-24255161
Launch Date
04 Sep 2009
E-mail
[email protected] / [email protected]
Website
NA
Axis Mutual Fund
Asset Management Company
Custodian
Deutsche Bank
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
Email
[email protected]
Website
www.karvymfs.com
Compare funds
Axis NIFTY IT ETF Growth
VS
Add mutual fund to compare

	3M	6M	1Y	All
Fund returns	7.6%	3.2%	-23.5%	14.6%
Category average	NA	NA	-12.2%	NA
Rank with in category	2	3	4	NA

Name	Sector	Instrument	Assets
Tata Consultancy Services Ltd.	Technology	Equity	26.5%
Infosys Ltd.	Technology	Equity	26.4%
Wipro Ltd.	Technology	Equity	9.2%
Tech Mahindra Ltd.	Technology	Equity	9.1%
HCL Technologies Ltd.	Technology	Equity	9.1%
LTIMindtree Ltd.	Technology	Equity	7.9%
Persistent Systems Ltd.	Technology	Equity	3.9%
Mphasis Ltd.	Technology	Equity	3.2%
Coforge Ltd.	Technology	Equity	2.8%
L&T Technology Services Ltd.	Technology	Equity	2.0%

Rank (total assets)	#7 in India
Total AUM	₹2,61,160.43Cr

Date of Incorporation	04 Sep 2009

Fund benchmark	NIFTY IT Total Return Index

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Sarjapur Main Road, Bellandur
Bengaluru – 560103
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Min. for 1st investment	Not Supported
Min. for 2nd investment onwards	Not Supported

Rating	NA
Fund size	₹136.20Cr

Axis NIFTY IT ETF Growth

Return calculator

Understand terms

Annualised returns

Absolute returns

Returns and rankings

Holdings (10)

Understand terms

Expense ratio

Tax

Exit load

Stamp duty

Past expense ratio & exit load

Expense ratio, exit load and tax

Expense ratio: 0.20%

Exit load

Stamp duty

Tax implication

Minimum investment amounts

Fund management

Jinesh GopaniMar 2021 - PresentView details

Fund house & investment objective

Fund house contact details

Compare funds

Jinesh Gopani
Mar 2021 - Present
View details