Axis Nifty It Index Fund Overview
Category Index Fund
BMSMONEY Rank N/A
BMSMONEY Rating N/A
Gro. Opt. As On: 11-10-2024
NAV ₹14.25(R) +0.59% ₹14.37(D) +0.6%
Returns 1Y 3Y 5Y 7Y 10Y
LumpSum (R) 31.37% -% -% -% -%
LumpSum (D) 32.19% -% -% -% -%
SIP (R) 18.73% -% -% -% -%
SIP (D) 19.5% -% -% -% -%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
Top Index Fund
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Dsp Nifty Next 50 Index Fund 4
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motilal oswal nifty next 50 index fund 6
Kotak Nifty Next 50 Index Fund 7
Motilal Oswal Nifty Midcap 150 Index Fund 8
Icici Prudential Nifty Next 50 Index Fund 9
Nippon India Nifty Midcap 150 Index Fund 10

NAV Date: 11-10-2024

Scheme Name NAV Rupee Change Percent Change
Axis Nifty IT Index Fund - Regular Plan - IDCW 14.25
0.0800
0.5900%
Axis Nifty IT Index Fund - Regular Plan - Growth 14.25
0.0800
0.5900%
Axis Nifty IT Index Fund - Direct Plan - Growth 14.37
0.0900
0.6000%
Axis Nifty IT Index Fund - Direct Plan - IDCW 14.37
0.0900
0.6000%

Review Date: 11-10-2024

A review of the different performance parameters of the fund is as follows:
  1. Returns: It indicates the appreciation in the investment's value within the investment period, represented as a percentage or a specific amount of money. We conducted an analysis of the three return parameters of this fund to assess their performance. To assess performance, we have segmented the return parameters into three groups: the top 25%, parameters below the top 25% but still above average, and parameters below average. The results are provided below.
    1. Top 25%: The Axis Nifty IT Index Fund has one return parameter in the top 25% in the category, as shown below:
      • 3M Return %
    2. Above Average Below the Top 25%: The fund does not have any return parameter which is above average but below the top 25%.
    3. Below Average: Axis Nifty IT Index Fund has two return parameters that are below average in the category, which are listed below:
      • 1Y Return %
      • 1M Return %
  2. Risk: The threat of not realizing projected profits or even facing financial loss due to different issues is known as risk. For Axis Nifty IT Index Fund, we have analyzed zero risk parameters and divided them into three groups the lowest 25%, below average but above the lowest 25%, and above average, which are described below.
    1. Lowest 25%: Axis Nifty IT Index Fund does not have any risk parameters in the lowest 25% of the category. It means high risk compared to other funds in the category.
    2. Below Average but Above the Lowest 25%: Axis Nifty IT Index Fund does not have any risk parameters in the below average but above the lowest 25% of the category.
    3. Above Average: Axis Nifty IT Index Fund does not have any risk parameters above average; which is a good sign.
  3. Risk Adjusted Performance Parameters: In mutual funds, risk-adjusted performance parameters are evaluation tools that gauge the returns of an investment against the risk taken. They assist investors in comparing various investments, factoring in both risk and returns. We have evaluated zero risk-adjusted performance parameters of the fund.
    1. Top 25% Risk Adjusted Performance Parameters: The fund does not have any risk-adjusted performance parameters that are in the top 25% of the category.
    2. Above Average Below Top 25% Risk Adjusted Performance Parameters: The fund does not have any risk-adjusted performance parameters that are in the above average but below top 25% of the category.
    3. Below Average Risk Adjusted Performance Parameters: The fund does not have any risk-adjusted performance parameters that are in the above average but below top 25% of the category.


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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % -0.39
0.55
-1.76 | 4.73 129 | 142 Poor
3M Return % 13.30
2.84
-19.19 | 15.44 4 | 140 Very Good
1Y Return % 31.37
35.43
7.43 | 66.53 65 | 117 Average
1Y SIP Return % 18.73
12.62
-8.44 | 34.02 43 | 115 Good
Return data last Updated On : Oct. 11, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Sept. 30, 2024
KPIs: Key Performance Indicators

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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % -0.34 0.59 -1.69 | 4.80 131 | 144
3M Return % 13.51 2.98 -19.04 | 15.66 4 | 142
1Y Return % 32.19 36.06 7.58 | 67.04 64 | 117
1Y SIP Return % 19.50 13.16 -8.31 | 34.67 43 | 115
Return data last Updated On : Oct. 11, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Sept. 30, 2024
KPIs: Key Performance Indicators

Investment Period Regular Direct
Return % Current Value of ₹ 10000 Return % Current Value of ₹ 10000
1D 0.59 ₹ 10,059.00 0.60 ₹ 10,060.00
1W 1.00 ₹ 10,100.00 1.02 ₹ 10,102.00
1M -0.39 ₹ 9,961.00 -0.34 ₹ 9,966.00
3M 13.30 ₹ 11,330.00 13.51 ₹ 11,351.00
6M ₹ ₹
1Y 31.37 ₹ 13,137.00 32.19 ₹ 13,219.00
3Y ₹ ₹
5Y ₹ ₹
7Y ₹ ₹
10Y ₹ ₹
15Y ₹ ₹

Disclaimer: Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Returns for periods above 1 year are annualised.

Investment Period Invested Amount Regular Direct
XIRR % Current Value of Invested Amount XIRR % Current Value of Invested Amount
1Y ₹ 12000 18.73 ₹ 13,185.34 19.50 ₹ 13,232.56
3Y ₹ 36000 ₹ ₹
5Y ₹ 60000 ₹ ₹
7Y ₹ 84000 ₹ ₹
10Y ₹ 120000 ₹ ₹
15Y ₹ 180000 ₹ ₹


Date Axis Nifty It Index Fund NAV Regular Growth Axis Nifty It Index Fund NAV Direct Growth
11-10-2024 14.2524 14.3661
10-10-2024 14.1681 14.2809
09-10-2024 14.3481 14.462
08-10-2024 14.2691 14.3821
07-10-2024 14.2031 14.3153
04-10-2024 14.1109 14.2215
03-10-2024 14.0609 14.1709
01-10-2024 14.2873 14.3985
30-09-2024 14.1239 14.2335
27-09-2024 14.2476 14.3574

Fund Launch Date: 14/Jul/2023
Fund Category: Index Fund
Investment Objective: To provide returns before expenses that corresponds to the total returns of the NIFTY IT TRI subject to tracking errors.However, there can be no assurance or guarantee that the investment objective of the Scheme will be achieved.
Fund Description: An Open Ended Index Fund tracking the NIFTY IT TRI
Fund Benchmark: NIFTY IT TRI
Source: Fund FactSheet

Disclaimer: NO INVESTMENT ADVICE. The Content is for informational purposes only.