• Open Account

AXIS Nifty Bank Index Fund - Direct (G)

Index Fund • OPEN
NAV as of May 11, 2026
₹11.20
1 day change
Returns since inception
4.95%
CAGR
AUM (Fund size)
₹155 Cr
NAV: ₹ 11.20
as on May 11, 2026
AXIS Nifty Bank Index Fund - Direct (G)

AXIS Nifty Bank Index Fund - Direct (G) Overview

AUM (Fund size) ₹ 155 Cr
Expense ratio 0.37 %
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.
Plan type Direct Fund
Risk Very High
Lock-in Period Nil
Benchmark Nifty Bank TRI
Min. investment SIP: ₹100    Lumpsum: ₹500
Age 2 yrs 0 m since May 03, 2024
Tax implication STCG Tax: As per your Income Tax Slab, if redeemed before 3 Years, LTCG Tax: 20% with indexation benefitu00a0 post 3 Years

Holdings Distribution

Banks
99.61%
Debt
0.56%

Top Holdings

HDFC Bank 18.96%
ICICI Bank 14.08%
Axis Bank 9.98%
SBI 9.91%
Kotak Mah. Bank 9.70%
Federal Bank 6.16%
IndusInd Bank 4.78%
AU Small Finance 4.48%
Bank of Baroda 4.43%
Canara Bank 4.04%

Peer Comparison

Fund Name 1Y 3Y 5Y
AXIS Nifty Bank Index Fund - Direct (G) -2.16% N/A N/A

Scheme Information

AXIS Nifty Bank Index Fund - Direct (G) was launched on 03/05/2024. The fund manages ₹155 Cr in assets. Its current expense ratio is 0.37%.

Fund Manager: Nandik Mallik

Returns Calculator

Calculate your investment growth with SIP or Lumpsum.

Estimated Breakdown

Invested amount ₹0
Est. returns ₹0
Total value ₹0
Open Demat Account →

FAQs on AXIS Nifty Bank Index Fund - Direct (G)

The current expense ratio of AXIS Nifty Bank Index Fund - Direct (G) is 0.37%.

The AUM of AXIS Nifty Bank Index Fund - Direct (G) is ₹155 crore.

Log in to your investment platform, select the fund, enter units or amount, and confirm the redemption request.

Yes, AXIS Nifty Bank Index Fund - Direct (G) allows both SIP and lump sum investments.

The latest NAV is ₹11.20.

Minimum SIP starts from ₹100.

Redemption can be done via AMC website or your investment platform.

Invest
Ready to invest in Mutual Funds
Start SIP Today!
App QR Code

Download the PL Capital App

Open Demat Account
×