Axis Nifty India Defence Index Fund Direct Growth

Axis Nifty India Defence Index Fund Direct Growth
Very High Risk
Launch date10 Apr 2026
Allotment date29 Apr 2026
End date24 Apr 2026
NAV₹10.00
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
Exit load
10 Apr 2026
Exit load of 0.25%, if redeemed within 15 days.
Expense ratio, exit load and taxExpense ratio: --Inclusive of GST
Exit loadExit load of 0.25%, if redeemed within 15 days.
Stamp duty0.005% (from July 1st, 2020)
Tax implication--
Understand terms
Check past data
Minimum investment amountsMin. for 1st investment₹100
Min. for 2nd investment onwards₹100
Min. for SIP₹100
Fund managementNandik Mallik
Apr 2026 - Present
View details
Education
Mr. Mallik holds B.Tech degree and has also done PGDM (IIM Calcutta) and MS- Finance (London Business School).
Experience
Prior to joining the Axis MF, he was working with Avendus Capital Public Markets Alternate Strategies LLP, ICICI Prudential Asset Management Company Ltd, Edelweiss AMC, DC India Capital, Credit-Suisse (London), BNP Paribas (London), NM Rothschild (Mumbai) and Fair Isaac (Bangalore).
Also manages these schemes
Axis Nifty Smallcap 50 Index Fund Direct Growth
Axis Nifty 50 Index Fund Direct Growth
Axis Multi Factor Passive FoF Direct Growth
Axis Nifty 100 Index Fund Direct Growth
Axis Nifty 500 Index Fund Direct Growth
Axis BSE India Sector Leaders Index Fund Direct Growth
Axis Momentum Fund Direct Growth
Axis Nifty Next 50 Index Fund Direct Growth
Axis Nifty500 Value 50 Index Fund DirectGrowth
Axis Nifty Bank Index Fund Direct Growth
Axis Nifty500 Quality 50 Index Fund Direct Growth
Axis Nifty Midcap 50 Index Fund Direct Growth
Axis BSE Sensex Index Fund Direct Growth
Axis Nifty IT Index Fund Direct Growth
Axis Nifty500 Momentum 50 Index Fund Direct Growth
Axis Quant Fund Direct Growth
Rohit Gautam
Apr 2026 - Present
View details
Education
B.Tech. from IIT Bombay, PGDM from IIM Ahmedabad
Experience
Prior to joining the Axis MF, he was associated with IndiaFirst Life Insurance, Shriram AMC, Greater Pacific Capital.
Also manages these schemes
Axis Nifty Smallcap 50 Index Fund Direct Growth
Axis Nifty 50 Index Fund Direct Growth
Axis Multi Factor Passive FoF Direct Growth
Axis Nifty 100 Index Fund Direct Growth
Axis Nifty 500 Index Fund Direct Growth
Axis BSE India Sector Leaders Index Fund Direct Growth
Axis Nifty Next 50 Index Fund Direct Growth
Axis Nifty500 Value 50 Index Fund DirectGrowth
Axis Nifty Bank Index Fund Direct Growth
Axis Nifty500 Quality 50 Index Fund Direct Growth
Axis Nifty Midcap 50 Index Fund Direct Growth
Axis BSE Sensex Index Fund Direct Growth
Axis Nifty IT Index Fund Direct Growth
Axis Nifty500 Momentum 50 Index Fund Direct Growth
Fund house & investment objective
Axis Mutual Fund
Rank (total assets)#7 in India
Total AUM₹3,66,904.00Cr
Date of Incorporation04 Sep 2009
    Axis Nifty India Defence Index Fund Direct Growth is a -- Mutual Fund Scheme launched by Axis Mutual Fund.     This scheme was made available to investors on 04 Sep 2009.     Nandik Mallik is the Current Fund Manager of Axis Nifty India Defence Index Fund Direct Growth fund.     The fund currently has an Asset Under Management(AUM) of ₹3,66,904 Cr and     the Latest NAV as of 10 Apr 2026 is ₹10.00.  

    The Axis Nifty India Defence 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 15 days.
  ;
Investment ObjectiveThe scheme seeks to provide returns before expenses that correspond to the performance of Nifty India Defence TRI subject to tracking error. There is no assurance that the investment objective of the scheme will be achieved. 
 
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Fund benchmarkNifty India Defence Total Return Index
Scheme Information Document(SID)
Fund house contact details
Address
23rd Floor, One Lodha Place,S. B. Road, Lower Parel. Mumbai 400013
Phone
022-24255161
Launch Date
04 Sep 2009
E-mail
--
Website
www.axismf.com
Peer ComparisonFund nameRating1Y3YFund Size(Cr)
Franklin India Mid Cap Fund Direct Growth
3
7.9%21.0%12,327.87
Nippon India Small Cap Fund Direct Growth
4
10.1%20.4%67,641.50
Franklin India Small Cap Fund Direct Growth
3
8.1%18.3%12,934.43
HDFC Small Cap Fund Direct Growth
4
11.1%17.1%33,724.28
Franklin India Technology Fund Direct Growth
--
2.7%16.4%1,670.19

Rank (total assets)	#7 in India
Total AUM	₹3,66,904.00Cr

Date of Incorporation	04 Sep 2009

Fund benchmark	Nifty India Defence Total Return Index

Fund name	Rating	1Y	3Y	Fund Size(Cr)
Franklin India Mid Cap Fund Direct Growth	3	7.9%	21.0%	12,327.87
Nippon India Small Cap Fund Direct Growth	4	10.1%	20.4%	67,641.50
Franklin India Small Cap Fund Direct Growth	3	8.1%	18.3%	12,934.43
HDFC Small Cap Fund Direct Growth	4	11.1%	17.1%	33,724.28
Franklin India Technology Fund Direct Growth	--	2.7%	16.4%	1,670.19