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Fund Overview of Axis Nifty Bank Index Fund Direct-IDCW
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₹174.8 CrAUM
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₹11.95NAV
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0.23%Expense Ratio
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EquityFund Category
Minimum amount you can invest: ₹500
Maximum amount you can invest: ₹1,00,000
We have used a return rate of 15% for our calculations.
Axis Nifty Bank Index Fund Direct-IDCW Return Comparison
| Tenure | Absolute(%) | Annualised(%) | Category Average(%) |
|---|---|---|---|
| 3 Months | 0.06% | NA | 2.31% |
| 6 Months | 6.48% | NA | 15.50% |
| 1 Year | 0.30% | 0.30% | 10.43% |
| 2 Years | 11.88% | 5.77% | 18.38% |
Asset Allocation of Axis Nifty Bank Index Fund Direct-IDCW
equities
99.89%debt instruments
0.10%other assets or cash equivalents
0.02%Axis Nifty Bank Index Fund Direct-IDCW is one Equity mutual fund offered by Axis Mutual Fund. Launched on 24 May 2024, the fund aims Long term wealth creation solution. An index fund that seeks to track returns by investing in a basket of Nifty Bank TRI stocks and aims to achieve returns of the stated index, subject to tracking error. It manages assets worth ₹174.8 crore as on Wed Sep 30, 2026. The expense ratio stands at 0.23%. Fund Manager Manager EducationAbout Axis Nifty Bank Index Fund Direct-IDCW
The portfolio allocation consists of 99.89% in equities, 0.10% in debt instruments, 0.02% in other assets or cash equivalents.Managed by Karthik Kumar, it has delivered a return of 0.30% in the last year, a total return since inception of 7.54%.
While planning financial products savvy investors also compare best sip plans depending on risk profile.
Axis Nifty Bank Index Fund Direct-IDCW Fund Details
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Compare Axis Nifty Bank Index Fund Direct-IDCW with other mutual funds in the same category
Axis Nifty Bank Index Fund Direct-IDCW
Nippon India ETF Nifty PSU Bank Bees
Kotak Nifty PSU Bank Exchange Traded Fund
Top Performing Mutual Funds
| Fund Names | AUM (Cr) | 1M | 3M | 1Yr | 3Yr | 5Yr |
|---|---|---|---|---|---|---|
Nippon India ETF Nifty PSU Bank Bees  |
₹3,932 | 6.78% | 0.12% | 2.97% | 19.36% | 24.59% |
| Kotak Nifty PSU Bank Exchange Traded Fund |
₹2,491 | 6.78% | 0.12% | 2.95% | 19.34% | 24.59% |
| Invesco India Financial Services Fund Direct-Growth |
₹1,790 | 5.70% | -0.76% | 4.47% | 16.66% | 13.74% |
| Invesco India Financial Services Fund Direct-IDCW |
₹1,790 | 5.70% | -0.76% | 4.47% | 16.66% | 13.74% |
| Sundaram Financial Services Opportunities Fund Direct-Growth |
₹1,614 | 2.96% | -2.91% | 0.54% | 11.90% | 12.63% |
| Sundaram Financial Services Opportunities Fund Direct-IDCW |
₹1,614 | 2.96% | -2.91% | 0.54% | 11.90% | 12.63% |
| Invesco India Financial Services Fund Regular-Growth |
₹1,790 | 5.58% | -1.08% | 3.15% | 15.16% | 12.25% |
| Invesco India Financial Services Fund Regular-IDCW |
₹1,790 | 5.58% | -1.08% | 3.15% | 15.16% | 12.25% |
| SBI Banking & Financial Services Fund Direct-Growth |
₹10,420 | 6.57% | -0.20% | -0.07% | 16.62% | 12.02% |
| SBI Banking & Financial Services Fund Direct-IDCW |
₹10,420 | 6.57% | -0.20% | -0.07% | 16.62% | 12.02% |
growth is based on 1-month returns of the funds & Top fund are based on 3Y Returns
More funds from Axis Mutual Fund
| Fund Names | AUM (Cr) | 1M | 3M | 6M | 1Yr | 3Yr |
|---|---|---|---|---|---|---|
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Axis Nifty Bank ETF-Growth
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₹293 | 5.57% | 0.04% | 6.47% | 0.27% | 10.65% |
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Axis Nifty Bank Index Fund Direct-Growth
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₹175 | 5.58% | 0.06% | 6.48% | 0.30% | - |
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Axis Nifty Bank Index Fund Regular-Growth
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₹175 | 5.50% | -0.16% | 6.01% | -0.53% | - |
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Axis Nifty Bank Index Fund Regular-IDCW
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₹175 | 5.50% | -0.16% | 6.01% | -0.53% | - |
growth is based on 1-month returns of the fundsAxis Nifty Bank Index Fund Direct-IDCW Calculator
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Top Mutual Funds
| Fund Names | AUM (Cr) | NAV | 3Yr | 5Yr | 10Yr |
|---|---|---|---|---|---|
| ICICI Prudential Banking And Financial Services-Growth |
₹10,774 | ₹132.45 | 10.28% | 8.29% | 11.33% |
| ICICI Prudential Banking And Financial Services Direct Plan-Growth |
₹10,774 | ₹150.58 | 11.14% | 9.17% | 12.37% |
| ICICI Prudential Banking And Financial Services Direct Plan-IDCW |
₹10,774 | ₹69.19 | 11.14% | 9.17% | 12.37% |
| ICICI Prudential Banking And Financial Services-IDCW |
₹10,774 | ₹25.28 | 10.28% | 8.29% | 11.33% |
| SBI Banking & Financial Services Fund Regular-Growth |
₹10,420 | ₹44.03 | 15.41% | 10.80% | 14.06% |
| SBI Banking & Financial Services Fund Direct-Growth |
₹10,420 | ₹49.80 | 16.62% | 12.02% | 15.37% |
| SBI Banking & Financial Services Fund Direct-IDCW |
₹10,420 | ₹44.52 | 16.62% | 12.02% | 15.37% |
| SBI Banking & Financial Services Fund Regular-IDCW |
₹10,420 | ₹39.54 | 15.41% | 10.80% | 14.06% |
| Nippon India ETF Nifty Bank Bees |
₹7,917 | ₹598.81 | 10.65% | 8.57% | 11.98% |
| Nippon India Banking & Financial Services Fund-Growth |
₹7,367 | ₹633.84 | 11.02% | 11.08% | 12.46% |
Axis Nifty Bank Index Fund Direct-IDCW Detailed Portfolio
| Stocks | Sector | % of Holding | Value |
|---|---|---|---|
| Hdfc Bank Ltd | Financial | 28.99% | ₹41.74 Cr |
| Hdfc Bank Ltd | Financial | 27.70% | ₹41.39 Cr |
| Hdfc Bank Ltd | Financial | 28.00% | ₹40.11 Cr |
| Hdfc Bank Ltd | Financial | 28.00% | ₹40.11 Cr |
| Hdfc Bank Ltd | Financial | 28.48% | ₹38.67 Cr |
| Hdfc Bank Ltd | Financial | 28.48% | ₹38.67 Cr |
| Icici Bank Ltd | Financial | 26.43% | ₹38.06 Cr |
| Hdfc Bank Ltd | Financial | 25.20% | ₹37.67 Cr |
| Icici Bank Ltd | Financial | 23.05% | ₹34.44 Cr |
| Hdfc Bank Ltd | Financial | 19.22% | ₹33.68 Cr |
| Hdfc Bank Ltd | Financial | 19.22% | ₹33.68 Cr |
| Hdfc Bank Ltd | Financial | 19.22% | ₹33.68 Cr |
| Hdfc Bank Ltd | Financial | 19.22% | ₹33.68 Cr |
| Icici Bank Ltd | Financial | 24.37% | ₹33.10 Cr |
| Icici Bank Ltd | Financial | 24.37% | ₹33.10 Cr |
| Hdfc Bank Ltd | Financial | 22.06% | ₹33.10 Cr |
| Icici Bank Ltd | Financial | 23.03% | ₹33.00 Cr |
| Icici Bank Ltd | Financial | 23.03% | ₹33.00 Cr |
| Hdfc Bank Ltd | Financial | 18.60% | ₹32.51 Cr |
| Hdfc Bank Ltd | Financial | 18.60% | ₹32.51 Cr |
Top Equity Funds
| Fund Names | NAV | 3Yr | 5Yr | 52 weeks high |
|---|---|---|---|---|
| Nippon India ETF Nifty PSU Bank Bees |
₹95.58 | 19.36% | 24.59% | - |
| Kotak Nifty PSU Bank Exchange Traded Fund |
₹85.66 | 19.34% | 24.59% | - |
| Invesco India Financial Services Fund Direct-Growth |
₹177.73 | 16.66% | 13.74% | - |
| Invesco India Financial Services Fund Direct-IDCW |
₹91.47 | 16.66% | 13.74% | - |
| Sundaram Financial Services Opportunities Fund Direct-Growth |
₹121.84 | 11.90% | 12.63% | - |
| Sundaram Financial Services Opportunities Fund Direct-IDCW |
₹33.23 | 11.90% | 12.63% | - |
| Invesco India Financial Services Fund Regular-Growth |
₹146.26 | 15.16% | 12.25% | - |
| Invesco India Financial Services Fund Regular-IDCW |
₹74.59 | 15.16% | 12.25% | - |
| SBI Banking & Financial Services Fund Direct-Growth |
₹49.80 | 16.62% | 12.02% | - |
| SBI Banking & Financial Services Fund Direct-IDCW |
₹44.52 | 16.62% | 12.02% | - |
growth is based on 5Y returns of the funds
Frequently Asked Questions
Axis Nifty Bank Index Fund Direct-IDCW
What is the current AUM of Axis Nifty Bank Index Fund Direct-IDCW?
As of Wed Sep 30, 2026, Axis Nifty Bank Index Fund Direct-IDCW manages assets worth ₹174.8 crore
How has Axis Nifty Bank Index Fund Direct-IDCW performed recently?
- 3 Months: 0.06%
- 6 Months: 6.48%
What is the long-term performance of Axis Nifty Bank Index Fund Direct-IDCW?
- Since Inception: 7.54%
What is the portfolio composition of Axis Nifty Bank Index Fund Direct-IDCW?
Equity: 99.89%, Debt: 0.10%, Others: 0.02%.
Who manages Axis Nifty Bank Index Fund Direct-IDCW?
Axis Nifty Bank Index Fund Direct-IDCW is managed by Karthik Kumar from Axis Mutual Fund.
What is the market-cap allocation of Axis Nifty Bank Index Fund Direct-IDCW?
Large Cap: 76.07%, Mid Cap: 23.93%.
Which are the top companies Axis Nifty Bank Index Fund Direct-IDCW has invested in?
- HDFC Bank Ltd – 28.99% of the fund's portfolio
- HDFC Bank Ltd – 27.70% of the fund's portfolio
- HDFC Bank Ltd – 28.00% of the fund's portfolio
- HDFC Bank Ltd – 28.00% of the fund's portfolio
- HDFC Bank Ltd – 28.48% of the fund's portfolio
Which are the major sectors Axis Nifty Bank Index Fund Direct-IDCW focuses on?
- Financial – 475.29% of the fund's portfolio
