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Fund Overview of Axis Nifty IT Index Fund Direct-Growth
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₹123.3 CrAUM
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₹11.58NAV
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0.42%Expense Ratio
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EquityFund Category
As on Thu Nov 05, 2026
Calculate your Returns
How much do you want to invest monthly?
₹
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.
The total value of your investment
after 10 years will be
₹ 1,39,328.64
Axis Nifty IT Index Fund Direct-Growth Return Comparison
| Tenure | Absolute(%) | Annualised(%) | Category Average(%) |
|---|---|---|---|
| 3 Months | 4.79% | NA | 1.25% |
| 6 Months | 13.61% | NA | -0.40% |
| 1 Year | -5.70% | -5.70% | -7.09% |
| 2 Years | -16.06% | -8.38% | 15.89% |
| 3 Years | 11.84% | 3.80% | 15.31% |
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As on Thu Nov 05, 2026
Asset Allocation of Axis Nifty IT Index Fund Direct-Growth
equities
100.32%debt instruments
0.64%Large Cap: 81.36%
Mid Cap: 18.64%
Small Cap: 0.00%
Other: 0.00%
Detailed Portfolio Analysis
As on Thu Nov 05, 2026
Invest Now
Axis Nifty IT Index Fund Direct-Growth is one Equity mutual fund offered by Axis Mutual Fund. Launched on 14 Jul 2023, the fund aims Long term wealth creation solution. An index fund that seeks to track returns by investing in a basket of Nifty IT TRI stocks and aims to achieve returns of the stated index, subject to tracking error. It manages assets worth ₹123.3 crore as on Wed Sep 30, 2026. The expense ratio stands at 0.42%. Fund Manager Manager Education
About FundAbout Axis Nifty IT Index Fund Direct-Growth
The portfolio allocation consists of 100.32% in equities, 0.64% in debt instruments.Managed by Karthik Kumar, it has delivered a return of -5.70% in the last year, a total return since inception of 4.51%.
Choosing the right best sip to invest plays a vital role in financial planning.
Karthik Kumar
Mr. Kumar has done M.B.A, C.F.A, (USA) & B.E (Mechanical)
Key Metrics of Axis Nifty IT Index Fund Direct-Growth
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Standard Deviation27.62%
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Mean7.49%
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Sharpe Ratio0.07%
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Alpha2.77%
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Beta1.06%
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Sortino Ratio0.10%
Axis Nifty IT Index Fund Direct-Growth Fund Details
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Compare Mutual Funds
Axis Nifty IT Index Fund Direct-Growth Fund Returns Comparison
Compare Axis Nifty IT Index Fund Direct-Growth with other mutual funds in the same category
Axis Nifty IT Index Fund Direct-Growth
Franklin India Technology Fund Direct-Growth
Franklin India Technology Fund Direct-IDCW
Compare more funds
Top Performing Mutual Funds
| Fund Names | AUM (Cr) | 1M | 3M | 1Yr | 3Yr | 5Yr |
|---|---|---|---|---|---|---|
Franklin India Technology Fund Direct-Growth  |
₹1,623 | 8.43% | 0.08% | -6.28% | 10.69% | 8.01% |
| Franklin India Technology Fund Direct-IDCW |
₹1,623 | 8.43% | 0.08% | -6.28% | 10.69% | 8.01% |
| SBI Technology Opportunities Fund Direct-Growth |
₹4,155 | 8.81% | 0.81% | -5.02% | 11.57% | 7.47% |
| SBI Technology Opportunities Fund Direct-IDCW |
₹4,155 | 8.81% | 0.81% | -5.02% | 11.57% | 7.47% |
| Franklin India Technology Fund Regular-Growth |
₹1,623 | 8.33% | -0.17% | -7.21% | 9.57% | 6.90% |
| Franklin India Technology Fund Regular-IDCW |
₹1,623 | 8.33% | -0.17% | -7.21% | 9.57% | 6.90% |
| SBI Technology Opportunities Fund-Growth |
₹4,155 | 8.72% | 0.57% | -5.94% | 10.44% | 6.31% |
| SBI Technology Opportunities Fund-IDCW |
₹4,155 | 8.72% | 0.57% | -5.94% | 10.44% | 6.31% |
| Aditya Birla Sun Life Digital India Fund Direct-Growth |
₹3,617 | 7.18% | 0.44% | -4.45% | 6.15% | 4.65% |
| Aditya Birla Sun Life Digital India Fund Direct-IDCW |
₹3,617 | 7.18% | 0.44% | -4.45% | 6.15% | 4.65% |
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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 |
|---|---|---|---|---|---|---|
|
Axis Nifty IT Index Fund Regular-Growth
|
₹123 | 16.26% | 4.59% | 13.19% | -6.35% | 3.10% |
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Axis Nifty IT Index Fund Regular-IDCW
|
₹123 | 16.26% | 4.59% | 13.19% | -6.35% | 3.10% |
|
Axis Nifty IT Index Fund Direct-IDCW
|
₹123 | 16.33% | 4.79% | 13.61% | -5.70% | 3.80% |
|
Axis Nifty IT ETF-Growth
|
₹52 | 16.35% | 4.85% | 13.76% | -5.53% | 3.97% |
growth is based on 1-month returns of the fundsAxis Nifty IT Index Fund Direct-Growth Calculator
I want to invest
Pro Tip
Financial experts suggest that a person should invest 10-15% of their monthly income for long-term financial growth
/Month
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Pro Tip
Financial experts suggest that individuals should ideally invest for a period of 5 to 10 years, or even longer, to maximize the benefits of compounding and navigate market fluctuations effectively
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Top 25% of investors consistently generate more than 12% return
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Financial experts suggest that individuals should ideally invest for a period of 5 to 10 years, or even longer, to maximize the benefits of compounding and navigate market fluctuations effectively
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Top Mutual Funds
| Fund Names | AUM (Cr) | NAV | 3Yr | 5Yr | 10Yr |
|---|---|---|---|---|---|
| ICICI Prudential Technology Direct Plan-Growth |
₹12,505 | ₹211.42 | 8.71% | 4.10% | 18.48% |
| ICICI Prudential Technology Fund-Growth |
₹12,505 | ₹188.40 | 7.91% | 3.19% | 17.47% |
| ICICI Prudential Technology Direct Plan-IDCW |
₹12,505 | ₹122.84 | 8.71% | 4.10% | 18.48% |
| ICICI Prudential Technology Fund-IDCW |
₹12,505 | ₹52.61 | 7.91% | 3.19% | 17.47% |
| Tata Digital India Fund Direct-Growth |
₹9,276 | ₹50.29 | 7.19% | 3.85% | 18.55% |
| Tata Digital India Fund Regular-Growth |
₹9,276 | ₹42.49 | 5.85% | 2.41% | 16.73% |
| Tata Digital India Fund Direct-IDCW |
₹9,276 | ₹48.61 | 7.19% | 3.85% | 18.55% |
| Tata Digital India Fund Regular-IDCW |
₹9,276 | ₹40.82 | 5.85% | 2.41% | 16.73% |
| SBI Technology Opportunities Fund-Growth |
₹4,155 | ₹209.01 | 10.44% | 6.31% | 16.94% |
| SBI Technology Opportunities Fund Direct-Growth |
₹4,155 | ₹241.10 | 11.57% | 7.47% | 18.15% |
View More
Top funds are based on Fund AUM
Axis Nifty IT Index Fund Direct-Growth Detailed Portfolio
| Stocks | Sector | % of Holding | Value |
|---|---|---|---|
| Infosys Ltd | Technology | 29.26% | ₹41.12 Cr |
| Infosys Ltd | Technology | 29.04% | ₹40.65 Cr |
| Infosys Ltd | Technology | 28.96% | ₹39.75 Cr |
| Infosys Ltd | Technology | 28.96% | ₹39.75 Cr |
| Infosys Ltd | Technology | 28.96% | ₹39.75 Cr |
| Infosys Ltd | Technology | 28.96% | ₹39.75 Cr |
| Infosys Ltd | Technology | 28.41% | ₹38.88 Cr |
| Infosys Ltd | Technology | 31.33% | ₹38.63 Cr |
| Infosys Ltd | Technology | 31.33% | ₹38.63 Cr |
| Infosys Ltd | Technology | 31.33% | ₹38.63 Cr |
| Infosys Ltd | Technology | 28.12% | ₹37.87 Cr |
| Infosys Ltd | Technology | 28.12% | ₹37.87 Cr |
| Infosys Ltd | Technology | 29.95% | ₹37.78 Cr |
| Infosys Ltd | Technology | 29.17% | ₹36.47 Cr |
| Infosys Ltd | Technology | 29.17% | ₹36.47 Cr |
| Infosys Ltd | Technology | 28.86% | ₹34.22 Cr |
| Infosys Ltd | Technology | 30.46% | ₹34.12 Cr |
| Infosys Ltd | Technology | 30.46% | ₹34.12 Cr |
| Infosys Ltd | Technology | 30.46% | ₹34.12 Cr |
| Infosys Ltd | Technology | 30.46% | ₹34.12 Cr |
View More
Top Equity Funds
| Fund Names | NAV | 3Yr | 5Yr | 52 weeks high |
|---|---|---|---|---|
| Franklin India Technology Fund Direct-Growth |
₹542.81 | 10.69% | 8.01% | - |
| Franklin India Technology Fund Direct-IDCW |
₹43.74 | 10.69% | 8.01% | - |
| SBI Technology Opportunities Fund Direct-Growth |
₹241.10 | 11.57% | 7.47% | - |
| SBI Technology Opportunities Fund Direct-IDCW |
₹171.24 | 11.57% | 7.47% | - |
| Franklin India Technology Fund Regular-Growth |
₹486.60 | 9.57% | 6.90% | - |
| Franklin India Technology Fund Regular-IDCW |
₹39.14 | 9.57% | 6.90% | - |
| SBI Technology Opportunities Fund-Growth |
₹209.01 | 10.44% | 6.31% | - |
| SBI Technology Opportunities Fund-IDCW |
₹125.86 | 10.44% | 6.31% | - |
| Aditya Birla Sun Life Digital India Fund Direct-Growth |
₹184.14 | 6.15% | 4.65% | - |
| Aditya Birla Sun Life Digital India Fund Direct-IDCW |
₹51.36 | 6.15% | 4.65% | - |
View More
growth is based on 5Y returns of the funds
Frequently Asked Questions
Axis Nifty IT Index Fund Direct-Growth
What is the current AUM of Axis Nifty IT Index Fund Direct-Growth?
As of Wed Sep 30, 2026, Axis Nifty IT Index Fund Direct-Growth manages assets worth ₹123.3 crore
How has Axis Nifty IT Index Fund Direct-Growth performed recently?
- 3 Months: 4.79%
- 6 Months: 13.61%
What is the long-term performance of Axis Nifty IT Index Fund Direct-Growth?
- 3 Years CAGR: 3.80%
- Since Inception: 4.51%
What is the portfolio composition of Axis Nifty IT Index Fund Direct-Growth?
Equity: 100.32%, Debt: 0.64%, Others: -0.96%.
Who manages Axis Nifty IT Index Fund Direct-Growth?
Axis Nifty IT Index Fund Direct-Growth is managed by Karthik Kumar from Axis Mutual Fund.
What is the market-cap allocation of Axis Nifty IT Index Fund Direct-Growth?
Large Cap: 81.36%, Mid Cap: 18.64%.
Which are the top companies Axis Nifty IT Index Fund Direct-Growth has invested in?
- Infosys Ltd – 29.26% of the fund's portfolio
- Infosys Ltd – 29.04% of the fund's portfolio
- Infosys Ltd – 28.96% of the fund's portfolio
- Infosys Ltd – 28.96% of the fund's portfolio
- Infosys Ltd – 28.96% of the fund's portfolio
Which are the major sectors Axis Nifty IT Index Fund Direct-Growth focuses on?
- Technology – 591.78% of the fund's portfolio
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