Axis Nifty Bank Index Fund - Direct Plan Growth | Axis Nifty Bank Index Fund - Direct Plan NAV Today [10.61], Performance & History

Other Index/ETF Direct

Regular

Direct

1 Year Absolute Returns

0.95% ↑

NAV (₹) on 02 Apr 2026

10.61

1 Day NAV Change

0.19%

Risk Level

Very High Risk

Rating

Axis Nifty Bank Index Fund - Direct Plan is a Equity mutual fund categorized under Index, offered by Axis Asset Management Company Ltd.. Launched on 03 May 2024, investors can start with a lumpsum ... Read more

NAV History

Fund Details

Min. SIP Amount

N/A

Inception Date

03 May 2024

Min. Lumpsum Amount

₹ 500

Fund Age

1 Yrs

AUM

₹ 149.93 Cr.

Benchmark

Nifty Bank Total Return

Expense Ratio

0.18%

Scheme Type

Open Ended

Exit Load

0.25%

Asset Allocation

AUM

₹ 149.93 Cr

Equity

199.78%

Money Market & Cash

0.42%

Other Assets & Liabilities

0.06%

Sector Holdings

Sectors	Weightage
Finance - Banks - Private Sector	75.04%
Finance - Banks - Public Sector	24.92%
Treps/Reverse Repo	0.31%

Stock Holdings

Name	Weightage	Value (in Cr.)	Sector
HDFC Bank Limited	19.70%	₹ 29.54	Finance - Banks - Private Sector
ICICI Bank Limited	16.14%	₹ 24.20	Finance - Banks - Private Sector
State Bank of India	10.68%	₹ 16.01	Finance - Banks - Public Sector
Axis Bank Limited	9.94%	₹ 14.91	Finance - Banks - Private Sector
Kotak Mahindra Bank Limited	9.16%	₹ 13.73	Finance - Banks - Private Sector
The Federal Bank Limited	5.54%	₹ 8.31	Finance - Banks - Private Sector
IndusInd Bank Limited	4.72%	₹ 7.07	Finance - Banks - Private Sector
Bank of Baroda	4.45%	₹ 6.67	Finance - Banks - Public Sector
AU Small Finance Bank Limited	3.96%	₹ 5.94	Finance - Banks - Private Sector
Canara Bank	3.90%	₹ 5.84	Finance - Banks - Public Sector
IDFC First Bank Limited	3.60%	₹ 5.39	Finance - Banks - Private Sector
Punjab National Bank	3.40%	₹ 5.09	Finance - Banks - Public Sector
Union Bank of India	2.49%	₹ 3.73	Finance - Banks - Public Sector
Yes Bank Limited	2.28%	₹ 3.42	Finance - Banks - Private Sector
Clearing Corporation of India Ltd	0.31%	₹ 0.46	Others

See All

Returns

	Annualised returns
	9M	1Y	2Y	3Y
Fund returns	-9.43%	0.95%	-	-
Category returns	-5.61%	2.67%	4.86%	20.82%

Fund 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. Read more

AMC Details

Name

Axis Asset Management Company Ltd.

Date of Incorporation

04 Sep 2009

CEO

Mr. Gop Kumar Bhaskaran

CIO

Mr. R Sivakumar

Type

Pvt.Sector-Joint Venture (Indian)

Address

Axis House, 1st Floor, C-2, Wadia International Centre, Pandurang Budhkar Marg, Worli, Mumbai, Maharashtra, India - 400025

Website

http://www.axismf.com

[email protected]

Top Funds from Others - Index Funds/ETFs

Scheme Name	NAV	Returns 1Y 3Y 5Y			AUM (Cr)	Expense Ratio	Risk Meter
Kotak Nifty 50 Index Fund Index Regular	₹14.77	-1.96%	32.95%	0.00%	₹1,055	0.32%	Very High
Kotak Nifty 50 Index Fund Index Regular	₹14.77	-1.96%	32.94%	0.00%	₹1,055	0.32%	Very High
Kotak Nifty 50 Index Fund Index Regular	₹14.77	-1.96%	32.94%	0.00%	₹1,055	0.32%	Very High
Franklin India NSE Nifty 50 Index Fund Index Regular	₹183.33	-2.11%	32.83%	56.29%	₹765	0.63%	Very High
Tata Nifty 50 Index Fund - Regular Plan Index Regular	₹141.23	-2.16%	32.81%	56.93%	₹1,514	0.51%	Very High
Bandhan Nifty 50 Index Fund Index Regular	₹44.38	-2.19%	32.76%	56.81%	₹2,245	0.60%	Very High
Bandhan Nifty 50 Index Fund Index Regular	₹44.38	-2.19%	32.76%	56.81%	₹2,245	0.60%	Very High
Bandhan Nifty 50 Index Fund Index Regular	₹48.89	-2.19%	32.71%	56.75%	₹2,245	0.60%	Very High
Edelweiss Nifty 50 Index Fund Index Regular	₹12.92	-2.06%	32.65%	0.00%	₹259	0.25%	Very High
Edelweiss Nifty 50 Index Fund Index Regular	₹12.92	-2.06%	32.65%	0.00%	₹259	0.25%	Very High

Top Funds from Axis Asset Management Company Ltd.

Scheme Name	NAV	Returns 1Y 3Y 5Y			AUM (Cr)	Expense Ratio	Risk Meter
Axis Quant Fund Diversified Regular	₹14.17	-3.21%	33.05%	0.00%	₹882	2.25%	Very High
Axis Quant Fund Diversified Regular	₹14.17	-3.21%	33.05%	0.00%	₹882	2.25%	Very High
Axis Quant Fund Diversified Regular	₹14.17	-3.21%	33.05%	0.00%	₹882	2.25%	Very High
Axis Nifty 100 Index Fund - Direct Plan Index Direct	₹19.74	-6.69%	31.89%	54.00%	₹1,984	0.21%	Very High
Axis Nifty 100 Index Fund - Direct Plan Index Direct	₹19.74	-6.69%	31.89%	54.00%	₹1,984	0.21%	Very High
Axis Large Cap Fund Diversified Regular	₹54.54	-4.13%	31.58%	39.38%	₹32,437	1.58%	Very High
Axis Retirement Fund - Conservative Plan - Direct Plan Hybrid Direct	₹16.82	-0.14%	31.51%	42.90%	₹48	1.24%	High
Axis Flexi Cap Fund - Direct Plan Diversified Direct	₹16.43	-5.74%	31.44%	20.90%	₹12,871	0.72%	Very High
Axis Flexi Cap Fund - Direct Plan Diversified Direct	₹16.43	-5.74%	31.44%	20.90%	₹12,871	0.72%	Very High
Axis Large & Mid Cap Fund - Direct Plan Diversified Direct	₹22.38	-4.81%	31.26%	45.80%	₹15,559	0.60%	Very High

FAQs

What is the current NAV of Axis Nifty Bank Index Fund - Direct Plan Growth?

The current Net Asset Value (NAV) of Axis Nifty Bank Index Fund - Direct Plan Growth is ₹10.61 as of 02 Apr 2026. NAV represents the per-unit market value of the fund and is updated daily based on the closing prices of the underlying securities.

What is the fund size (AUM) of Axis Nifty Bank Index Fund - Direct Plan Growth?

The Assets Under Management (AUM) of Axis Nifty Bank Index Fund - Direct Plan Growth is ₹149.93 Crores. AUM indicates the total market value of assets managed by the fund and reflects investor confidence and fund popularity.

What are the historical returns of Axis Nifty Bank Index Fund - Direct Plan Growth?

Axis Nifty Bank Index Fund - Direct Plan Growth has delivered returns of 0.95% (1 Year), 0.00% (3 Year), 0.00% (5 Year). Past performance does not guarantee future results, and investors should consider their risk appetite before investing.

What is the risk level of Axis Nifty Bank Index Fund - Direct Plan Growth?

Axis Nifty Bank Index Fund - Direct Plan Growth has a risk rating of 'Very High' as per the SEBI Riskometer. This indicates the fund is suitable for very aggressive investors comfortable with significant market volatility. Investors should align their investment choices with their personal risk tolerance and financial goals.

What is the minimum investment amount for Axis Nifty Bank Index Fund - Direct Plan Growth?

The minimum lumpsum investment required for Axis Nifty Bank Index Fund - Direct Plan Growth is ₹500. This allows investors to start their mutual fund journey with a manageable amount.

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