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Index Fund📊 NIFTY IT TRI

Axis Nifty IT Index Fund · Regular · Growth

Axis Mutual Fund

#251 of 253 (1Y)

NAV

₹9.8769

as of 14 Jul 2026

Expense Ratio

1.03%

AUM

₹128 Cr

Viewing Regular · Growth
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Lumpsum returns (CAGR)

1Y
-22.05%
3Y
-0.41%
5Y
Since Inception
-0.41%

SIP returns (XIRR)

1Y
-23.28%
3Y
-11.40%
5Y
Since Inception
-11.40%

What history actually did — last 3 years (Jul 2023 – Jul 2026)

A ₹5,000 monthly SIP for the last 3 years (Jul 2023 – Jul 2026)

Real NAV backtest

A ₹5,000 monthly SIP would be worth ₹1,48,246 today ₹1,80,000 invested, -12.8% XIRR.

₹1,80,000

Invested

₹1,48,246

Value today

-12.8%

XIRR (p.a.)

Try the SIP calculator with this fund

A ₹1,00,000 lumpsum, the last 3 years (Jul 2023 – Jul 2026)

Real NAV backtest

₹1,00,000 invested 3 years ago would be ₹94,439 today (-1.9% CAGR).

Buying the worst day

Real NAV backtest

₹1,00,000 invested on the worst market day of the last 3 years (Jul 2023 – Jul 2026) (3 Jun 2024) would be ₹90,016 today (0.90×).

Historical simulation using actual published NAVs for the stated period. Past performance may or may not be sustained in the future. Not investment advice.

Risk Metrics

Trailing 1 year, annualised

-1.18

Sharpe Ratio

Alpha

Beta

-1.18

Sortino

24.04%

Std Dev

-39.22%

Max Drawdown

Performance Comparison

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Fund Details

Fund HouseAxis Mutual Fund
CategoryIndex Fund
BenchmarkNIFTY IT TRI
Launch Date14 Jul 2023
AMFI Code151787
Transaction facts
Min. Lumpsum₹1,000
Min. SIP₹100
Exit LoadIf redeemed or switched out within 7 days from the date of allotment: 0.25%If redeemed / switched out after 7 days from the date of allotment: Nil

Available transactions

PurchaseSIPRedeemSWPSwitchSTPDemat

Investment Objective

Axis Nifty IT Index Fund · Regular · Growth is a passively managed fund that tracks a specific market index, aiming to replicate its returns with minimal tracking error. Index funds offer low-cost, diversified exposure to the market with full transparency of holdings.

About This Fund

Axis Nifty IT Index Fund · Regular · Growth is a Index Fund mutual fund offered by Axis Mutual Fund. The fund has been operational for over 3 years. It manages assets worth ₹128 Cr, reflecting investor confidence in the fund's strategy. It benchmarks its performance against NIFTY IT TRI. The current expense ratio is 1.03%.

Who Should Invest?

  • Investors with a high risk appetite seeking long-term wealth creation
  • Investors with an investment horizon of 5 years or more
  • Cost-conscious investors who prefer passive investing with low expense ratios
  • SIP investors who can benefit from rupee cost averaging during market fluctuations
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