AnandRathi

AXIS Nifty Bank Index Fund - Regular (IDCW)

Last Updated NAV Date: 12 Aug 2026

3 Year Returns

N/A

NAV (₹)

11.7524

1 Day NAV Change

0.76%

No chart data available for this period.

Fund Details

Min. SIP Amount₹ 100
Min. Lumpsum Amount₹ 500
AUM₹ 182.73 Cr
Expense Ratio1.14%
Lock-in PeriodNo Lock-in Period
Inception Date24 May 2024
Fund Age2 Yrs

Exit Load

0.25% - If redeemed / switched out within 7 days from the date of allotment. Nil - If redeemed / switched out after 7 days from the date of allotment.

Fund’s Investment Objective

To provide returns before expenses that corresponds to the total returns of the Nifty Bank TRI subject to tracking errors. However, there is no assurance that the investment objective of the Scheme will be achieved.

Calculate Your Mutual Fund Returns

Returns Estimator

Estimation is based on the past performance

Expected Rate of Return

The value of your investment after 5 Years will be

4,12,432

Invested Amount

3,00,000

Est. Returns

1,12,432

Scheme’s Historical Return

1 Month Return-0.22%
3 Month Return8.44%
6 Month Return-4.62%
1 Year Return4.69%

Asset Allocation

AUM

₹1,33,309.00 Cr

Cash Holdings

21.45%

Equity

70.84%

Cash

21.45%

Debt

1.71%

Other

6%

Sector Holdings

Last Updated: 31 Jul 2026
SectorsAllocationWeightageValue (in Cr.)
Banks
100.00%182.733

Stock Holdings

Last Updated: 31 Jul 2026
NameAllocationWeightageValue (in Cr.)Sector
HDFC Bank
18.15%33.17Banks
ICICI Bank
14.82%27.078Banks
SBI
10.06%18.38Banks
Kotak Mah. Bank
9.29%16.977Banks
Axis Bank
8.79%16.059Banks
Federal Bank
7.27%13.281Banks
IndusInd Bank
5.48%10.013Banks
AU Small Finance
4.70%8.585Banks
IDFC First Bank
4.65%8.506Banks
Bank of Baroda
3.57%6.526Banks

Fund Manager Details

Axis Asset Management Company Ltd - December 09, 2025 till date Axis Asset Management Company Ltd (Head - Equity & Hybrid SIF(Proposed)) - From March 04, 2025 to December 08, 2025 Avendus Capital Public Markets Alternate Strategies LLP - From March 20, 2023 to February 28, 2025 ICICI Prudential Asset Management Company Ltd - From January 09, 2017 to March 15, 2023 MS (London Business School), PGDM (IIM Calcutta), B Tech (IIT Kharagpur)

Risk-O-Meter

Very High Risk

Investors understand that their principal will be at Very High Risk

Risk Scale

Low
Moderately Low
Moderate
Moderately High
High
Very High

AMC Information

Axis Mutual Fund

Funds Managed

91

Assets Managed

₹ 3,77,445.09 Cr

Contact Details

Registered Address

One Lodha Place. 22nd & 23rd Floor,Senapati Bapat Marg, Lower Parel, Maharashtra, Mumbai - 400013.

Managing Director

Mr. Gop Kumar Bhaskaran

Chief Executive Officer

Mr. Gop Kumar Bhaskaran

Compliance Officer

Darshan Kapadia

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Disclaimer

The information provided on this page is for informational purposes only and should not be construed as investment advice, recommendation, or solicitation to buy or sell any securities or financial pr...

Frequently Asked Questions

You can withdraw your investment from AXIS Nifty Bank Index Fund - Regular (IDCW) through your mutual fund app, AMC website, or demat or stock broker online account at the applicable NAV.
The minimum investment for AXIS Nifty Bank Index Fund - Regular (IDCW) is ₹ 500 for Lumpsum and ₹ 100 for SIP. You can open a demat account or login to the existing stock broker online account to get started.
AXIS Nifty Bank Index Fund - Regular (IDCW) has a lock-in period of No Lock-in Period. Schemes with a lock-in restrict withdrawals or redemptions for that duration, while schemes with no lock-in allow you to redeem anytime.
The average annualized return of AXIS Nifty Bank Index Fund - Regular (IDCW) over the past three years is N/A.
The current NAV of AXIS Nifty Bank Index Fund - Regular (IDCW) is 11.7524.
The Expense ratio of AXIS Nifty Bank Index Fund - Regular (IDCW) is 1.14%. It is an annual charge for running the mutual fund. You can find the same on the factsheet and the Asset Management Companies website.
The latest AUM of the AXIS Nifty Bank Index Fund - Regular (IDCW) fund is ₹ 182.73 Cr. It represents the total assets held and managed by the fund.
The exit load for AXIS Nifty Bank Index Fund - Regular (IDCW) is 0.25% - If redeemed / switched out within 7 days from the date of allotment. Nil - If redeemed / switched out after 7 days from the date of allotment..
The fund managers of the AXIS Nifty Bank Index Fund - Regular (IDCW) are Nandik Mallik, Rohit Gautam. However, with management's discretion, the fund manager could also change during the tenure.
AXIS Nifty Bank Index Fund - Regular (IDCW) was launched on 24 May 2024. Since then, the fund has formed an NAV (Net Asset Value) of 11.7524.

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