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Axis NIFTY IT ETF

Q: What is the NAV of Axis NIFTY IT ETF?

As of 01 Oct 2026, the NAV of Axis NIFTY IT ETF is ₹312.14 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

Q: What returns has Axis NIFTY IT ETF delivered?

Axis NIFTY IT ETF has returned -14.88% over 1 year, -1.97% per year over 3 years, -2.30% per year over 5 years and +3.49% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.

Q: What is the expense ratio of Axis NIFTY IT ETF?

Axis NIFTY IT ETF charges an expense ratio of 0.64% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.

Q: What are the top holdings of Axis NIFTY IT ETF?

Axis NIFTY IT ETF's largest holdings are Infosys Limited (28.9%), Tata Consultancy Services Limited (20.3%), HCL Technologies Limited (11.4%), Tech Mahindra Limited (10.5%) and Coforge Limited (7.0%). Holdings are disclosed monthly and change over time.

Q: How risky is Axis NIFTY IT ETF?

Axis NIFTY IT ETF is rated very high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 22.2% and its worst peak-to-trough fall in our sample was -42.2%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

Q: What does the Sharpe ratio of -0.38 mean?

The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. Axis NIFTY IT ETF's -0.38 means it has not compensated investors for its volatility over the window. Higher is better.

Q: What is the benchmark of Axis NIFTY IT ETF?

Axis NIFTY IT ETF is benchmarked against the Nifty IT TRI. Its alpha and beta on this page are measured against that index.

Q: Who manages Axis NIFTY IT ETF?

Axis NIFTY IT ETF is managed by Nandik Malik and Rohit Gautam at Axis.

Q: How is Axis NIFTY IT ETF taxed?

Axis NIFTY IT ETF is an equity-oriented fund, so its capital gains get concessional rates: short-term gains (units held under 1 year) are taxed at 20%, and long-term gains (held 1 year or more) at 12.5% above a ₹1.25 lakh per-year exemption. These rates apply on redemption and don't add to your income-tax slab.

Axis Mutual Fund · Best Equity ETFs

NAV

₹312.14

+2.16% 1D

as of 01 Oct 2026

Compare SIP calculator

Performance

-14.22%CAGR

52-week rangePrev NAV ₹305.52

Latest ₹312.14

Low ₹283.5020th percentile of its 52-week rangeHigh ₹430.07

Scorecard

★☆☆☆☆1/5 vs 26 of 73 Equity ETF peers

Performance 60%
Risk 15%
Cost 10%
Downside 15%

How this is computed

Each verdict is computed from this fund's own metrics against its sub-category — the number behind it is shown, not a black-box rating. The stars weight the same ground 60/15/10/15 (performance/risk/cost/downside) across every fund in the peer group. Ranked within Equity ETF (same plan and option). 26 of the 73 Equity ETF funds in this cohort carry the full record the stars need, so they are the ones ranked against.

PerformanceBelow avg

3Y CAGR -1.97% · ranks 33 of 33 Equity ETF funds

RiskHigh

Volatility 22.2% vs 16.7% category avg

CostLow

0.6% expense vs 0.7% category avg

ConsistencyHigh

94% of rolling 3Y windows were positive

Strengths & concerns

Generated from this fund's own numbers against its sub-category — each point names the figure behind it.

Strengths

Low expense ratio (0.64%) vs the Equity ETF average of 0.73%
Consistent — positive in 94% of rolling 3-year windows

Concerns

Trails the Equity ETF average on 1M/6M/1Y — 1Y by 14.53pp
3-year return (-1.97%) trails the Equity ETF average (+11.78%)
5-year return (-2.30%) trails the Equity ETF average (+10.42%)
Ranks #49 of 49 on 1-year return in its Equity ETF cohort
Weaker risk-adjusted returns — Sharpe -0.38 below the Equity ETF average of 0.26

Key Metrics

Annual fee charged by the fund, already deducted from NAV

0.64%

Category 0.73%▼0.09%

Portfolio-weighted harmonic mean P/E across the fund's equity holdings

17.90

Category 20.87▼2.97

Excess return per unit of total volatility (rf = 6.5%)

-0.38

Category 0.26▼0.64

Scheme Info

Definitions

Plan

—

Period before units can be redeemed — 3 years for ELSS, none for most open-ended funds

—

Exit Load

—

Statutory levy on every mutual-fund purchase since 1 Jul 2020 (SEBI / Govt of India) — the same for every scheme

0.005%

SIP Inv.

—

Smallest recurring SIP instalment the scheme accepts

—

Smallest one-time (lumpsum) investment the scheme accepts

—

Nifty IT TRI

Start of our NAV history for this plan. Direct plans begin 1 Jan 2013, so this is the plan's inception — not necessarily the scheme's original launch date.

31 Mar 2021

Period returns (<1Y, absolute — not annualized)

Definitions

Absolute return over the last 1 month (not annualized)

-10.12%

Absolute return over the last 3 months (not annualized)

+10.10%

Absolute return over the last 6 months (not annualized)

-3.88%

Absolute return since 1 Jan of this year (not annualized)

-24.35%

Annualized returns (≥1Y — CAGR)

Definitions

1-year point-to-point return, annualized (CAGR)

-14.88%

3-year annualized return (CAGR)

-1.97%

5-year annualized return (CAGR)

-2.30%

10-year annualized return (CAGR)

—

Annualized return (CAGR) since the first NAV we hold for this plan — the Inception date under Key metrics. AMFI's history starts in April 2006, so an older scheme is measured from there.

+3.49%

Advanced metrics — risk and benchmark ratios

Risk (trailing 3Y)

Definitions

Annualized standard deviation of daily returns

22.21%

Excess return per unit of total volatility (rf = 6.5%)

-0.38

Excess return per unit of downside deviation — upside swings aren't penalized (rf = 6.5%)

-0.54

Largest peak-to-trough decline over full history

-42.17%

Benchmark ratios (vs Nifty 500 TRI · 36 monthly returns)

Definitions

Jensen's alpha (annualized): return above what CAPM predicts for the fund's beta vs Nifty 500 TRI

-9.16%

Sensitivity to Nifty 500 TRI moves; 1 = moves with the index

0.81

How much of the fund's movement Nifty 500 TRI explains

24.7%

Excess return per unit of beta (market risk)

-11.34

Active return over the benchmark per unit of tracking error

-0.55

Annualized std dev of fund-minus-benchmark returns

22.50%

Fund's share of benchmark gains in up months (100 = matches index)

49.1%

Fund's share of benchmark losses in down months (lower is better)

94.7%

Computed vs the Nifty 500 TRI over the last 36 complete months — the closest match to this fund's mandate. TRI means dividends reinvested, as they are in the fund's own NAV; ₹ means a US index converted at each day's USD/INR, since the fund is priced in rupees. Needs ~3 years of history; a low R² means the fund tracks the index loosely.

Fund vs category average (Equity ETF)

Period	Fund	Category avg.	Diff
1M abs	-10.12%	-5.86%	-4.26%
3M abs	+10.10%	-3.53%	+13.63%
6M abs	-3.88%	+5.67%	-9.55%
1Y CAGR	-14.88%	-0.35%	-14.53%
3Y CAGR	-1.97%	+11.78%	-13.75%
5Y CAGR	-2.30%	+10.42%	-12.72%

Category average across peers in Equity ETF (72 of 73 carry a figure for at least one period), same plan and option, excluding this fund. Under-1-year figures are absolute; 1Y and beyond are annualised (CAGR).

Not sure what a figure means? The glossary explains every metric, and the methodology shows the formulas.

Category rank

Vs 73 peers in Equity ETF

1Y return

-14.88%

Beats 0% · rank #49

3Y return

-1.97%

Beats 0% · rank #33

5Y return

-2.30%

Beats 0% · rank #22

Sharpe

-0.38

Beats 0% · rank #33

Sortino

-0.54

Beats 0% · rank #33

Backtest this fund

What a SIP or one-time investment would have grown to over this fund’s real NAV history.

Monthly investment (₹)

Period

Invested

₹6.00L

Current value

₹5.35L

Absolute

-10.78%

XIRR

-4.62%

Value vs. invested

ValueInvested

60 monthly installments of ₹10,000 into Axis NIFTY IT ETF, valued at the latest NAV. XIRR annualizes for each installment’s timing.

Calendar-year returns

What the fund actually returned in each year, not the smoothed average.

Year	Fund	Nifty 500 TRI	Diff
2026part	-24.35%	-7.18%	-17.17%
2025	-10.65%	+7.94%	-18.59%
2024	+24.01%	+16.43%	+7.58%
2023	+25.91%	+27.43%	-1.52%
2022	-24.53%	+4.34%	-28.87%
2021part	+51.60%	—	—

January–December, from this fund's NAV history. Absolute return, not annualised. “part” marks a year the fund didn't run end to end — its first year, the current year so far, or one it stopped reporting in; those years show no benchmark comparison.

History points

1,367

Expense ratio

0.64%

Exit load

Liquidity On the exchange: The Units of the Scheme is listed on National Stock Exchange of India Ltd. (NSE) and/or any other recognized stock exchanges as may be decided by AMC from time to time. The Units of the scheme may be bought or sold on all trading days at prevailing listed price on such Stock Exchange(s). The AMC shall adhere to guidelines published by AMFI /SEBI for exceptional circumsta

P/E ratio

17.9

P/B ratio

6.7

Avg market cap

₹3,55,718Cr

P/E & P/B are portfolio-weighted harmonic means across 10 of 10 equity holdings (100% of the portfolio); loss-making companies are excluded.

Taxation

Taxed as equity

This is an equity-oriented fund (≥65% in Indian equities), so gains get the concessional capital-gains rates below — they do not add to your income-tax slab.

Short-term (STCG)

20%

Held under 1 year

Flat, on the whole gain

Long-term (LTCG)

12.5%

Held 1 year or more

On gains above ₹1.25 L per financial year

Applies to capital gains on redemption. Excludes IDCW/dividend tax, STT, surcharge and cess, and pre-2018 equity grandfathering. For research only — consult a tax advisor before filing.

Peer comparison · Equity ETF

Compare all


Axis NIFTY IT ETFThis fund Axis	★☆☆☆☆	-14.88%	-1.97%	-2.30%	17.90	0.64%	—
Aditya Birla Sun Life Silver ETF Aditya Birla Sun Life	★★★★☆	+51.30%	+44.10%	—	—	0.35%	₹3,026Cr
Aditya Birla Sun Life Gold ETF Aditya Birla Sun Life	★★★☆☆	+25.41%	+35.45%	+25.00%	—	0.44%	₹2,838Cr
Mirae Asset S&P 500 Top 50 ETF Mirae Asset	★★★★★	+19.24%	+29.33%	+19.90%	—	0.65%	—
Aditya Birla Sun Life Nifty Healthcare ETF Aditya Birla Sun Life	★★★★★	+12.75%	+18.89%	—	41.11	0.20%	₹76.55Cr
Axis NIFTY Healthcare ETF Axis	★★★★★	+12.55%	+18.50%	+12.59%	41.11	0.45%	₹21.69Cr

Market-cap allocation · AMFI bands, Jul 2026

Equity holdings by company size — 100% of the equity sleeve priced.

Large cap80.5%
Mid cap19.5%
Small cap0.0%

Asset allocation

As on 31 Aug 2026 · AMC disclosure

Equity100.00%

Holds the same stocks as (by portfolio overlap, not by category)

Compare the top 3 →

Fund	Overlap	Rating	TER	3Y
Nippon India ETF Nifty IT Nippon India · Other ETFs	100.0%	—	0.28%	-1.96%
ICICI Prudential Nifty IT Index Fund ICICI Prudential · Index Funds	100.0%	★☆☆☆☆	0.40%	-2.10%
Bandhan Nifty IT Index Fund Bandhan · Index Funds	100.0%	★☆☆☆☆	0.54%	-1.82%
Axis Nifty IT Index Fund Axis · Index Funds	100.0%	★☆☆☆☆	0.43%	-2.13%
UTI Nifty IT ETF UTI · Equity ETF	100.0%	★☆☆☆☆	—	—
Nippon India Nifty IT Index Fund Nippon India · Index Funds	100.0%	★☆☆☆☆	0.41%	—
Navi NiftyIT Index Fund Navi · Index Funds	100.0%	★☆☆☆☆	—	—
SBI Nifty IT Index Fund SBI · Index Funds	100.0%	★☆☆☆☆	0.50%	—

Overlap is the share of each fund's equity book invested in the same stocks, by weight, across the Direct-plan universe — so a fund that is only part equity is labelled as such. ! marks a pair holding more in common than nine pairs in ten of its type, where that type has a measured distribution.

Worst falls, and the wait to get back

How far this fund has dropped from a high, and how long it took to reclaim it.

-42.2%13 Dec 2024 → 01 Jul 2026
Still below that high — 1.5 years down, and no recovery yet.
-31.9%04 Jan 2022 → 15 Jul 2022
Fell over 6 months, back to the old high on 06 Feb 2024 — 1.6 years under water after the low.
-15.3%16 Feb 2024 → 04 Jun 2024
Fell over 4 months, back to the old high on 12 Jul 2024 — 38 days under water after the low.

Measured on this fund’s own NAV history, peak to trough to the day it regained the peak. Falls shallower than 5% are left out. A recovery date is when the NAV got back, not when any particular investor did — that depends on when they bought.

AMC Profile

Axis Mutual Fund is run by Axis Asset Management, majority-owned by Axis Bank with the UK's Schroders holding the minority stake. It launched its first scheme in 2009 and grew quickly on a growth-oriented, quality-biased equity style.

Launched

03 Sep 2009

Total AUM

₹3,69,030Cr+2.6% QoQ

Avg AUM · April - June 2026

Website

axismf.com

Fund Managers

NMNandik MalikManaging since 06 Mar 2026

Role

Function Head – Equity & Hybrid SIF and MF Equity – Passives

Funds managed (24)

All schemes Nandik Malik runs →

RGRohit GautamManaging since 06 Mar 2026

Role

Assistant Fund Manager Equities

Education

B. Tech. (IIT Bombay) & PGDM (IIM Ahmedabad)

Experience

Who manages the scheme Refer Annexure 2 - Where will the Scheme Invest? - on Risk-o-meter and Benchmark Risk-o-meter - Disclosure on Scheme Summary Document (SSD) - Disclosure on Tracking Error and Tracking Difference - Fundamental Attributes Scheme specific disclosures Refer Annexure 2 Scheme Factsheet https://www.axis mf.com/statutory- disclosures Addendums https://www.axis mf.com/statutory- disclosures

Funds managed (23)

All schemes Rohit Gautam runs →

Fund managers from the AMC's filed Scheme Summary — its most recent filing for this scheme. Benchmark and dealing terms from it and this scheme's SEBI-filed Scheme Information Document on AMFI. Each manager's qualifications and role are reconciled across every filing this fund house makes for them, including its Statement of Additional Information. Total AUM via AMFI.

Explore from here

Fund managers

Nandik Malik Rohit Gautam

Top holdings

Infosys Limited Tata Consultancy Services Limited HCL Technologies Limited Tech Mahindra Limited Coforge Limited Persistent Systems Limited Wipro Limited LTM Limited Mphasis Limited Oracle Financial Services Software Limited

Axis in the news

Headlines about the fund house, not this scheme in particular — highlights only; tap through to read the full story at the source.

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Returns and risk are computed from NAV history and may differ slightly from other portals due to methodology (rolling vs point-to-point, dividend treatment). For research only — not investment advice.

About Equity ETFs

Equity ETFs track an equity index and trade on the exchange through the day, so you buy at a market price that can sit slightly above or below the fund's NAV. That is the trade-off against an index fund, which always transacts at NAV but only once a day.

Frequently asked questions

What is the NAV of Axis NIFTY IT ETF?

As of 01 Oct 2026, the NAV of Axis NIFTY IT ETF is ₹312.14 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

What returns has Axis NIFTY IT ETF delivered?

Axis NIFTY IT ETF has returned -14.88% over 1 year, -1.97% per year over 3 years, -2.30% per year over 5 years and +3.49% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.

What is the expense ratio of Axis NIFTY IT ETF?

Axis NIFTY IT ETF charges an expense ratio of 0.64% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.

What are the top holdings of Axis NIFTY IT ETF?

Axis NIFTY IT ETF's largest holdings are Infosys Limited (28.9%), Tata Consultancy Services Limited (20.3%), HCL Technologies Limited (11.4%), Tech Mahindra Limited (10.5%) and Coforge Limited (7.0%). Holdings are disclosed monthly and change over time.

How risky is Axis NIFTY IT ETF?

Axis NIFTY IT ETF is rated very high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 22.2% and its worst peak-to-trough fall in our sample was -42.2%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

What does the Sharpe ratio of -0.38 mean?

The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. Axis NIFTY IT ETF's -0.38 means it has not compensated investors for its volatility over the window. Higher is better.

What is the benchmark of Axis NIFTY IT ETF?

Axis NIFTY IT ETF is benchmarked against the Nifty IT TRI. Its alpha and beta on this page are measured against that index.

Who manages Axis NIFTY IT ETF?

Axis NIFTY IT ETF is managed by Nandik Malik and Rohit Gautam at Axis.

How is Axis NIFTY IT ETF taxed?

Axis NIFTY IT ETF is an equity-oriented fund, so its capital gains get concessional rates: short-term gains (units held under 1 year) are taxed at 20%, and long-term gains (held 1 year or more) at 12.5% above a ₹1.25 lakh per-year exemption. These rates apply on redemption and don't add to your income-tax slab.