Axis Nifty Bank Etf Overview
Category Other ETFs
BMSMONEY Rank 56
BMSMONEY Rating
Gro. Opt. As On: 31-01-2025
NAV ₹506.62(R) +0.56% (D) %
Returns 1Y 3Y 5Y 7Y 10Y
LumpSum (R) 8.55% 10.0% -% -% -%
LumpSum (D)
SIP (R) -0.9% 9.63% -% -% -%
SIP (D)
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
0.36 0.21 0.58 -% -
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
14.52% -17.08% -11.54% - 9.4%
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NAV Date: 31-01-2025

Scheme Name NAV Rupee Change Percent Change
Axis NIFTY Bank ETF 506.62
2.8100
0.5600%

Review Date: 31-01-2025

A review of the different performance parameters of the fund is as follows:
  1. Returns: It captures the increment in the investment's value during the investment period, articulated as either a percentage or a monetary denomination. We carefully examined five return parameters of this fund to gauge its performance. The return parameters have been divided into three performance groups: the top 25%, parameters below the top 25% but exceeding the average, and parameters below the average mark. Please find the detailed analysis below.
    1. Top 25%: The fund does not have any return parameter in the top 25% in the category.
    2. Above Average Below the Top 25%: The Axis NIFTY Bank ETF has three return parameters in the category, which are above average but below the top 25%, as shown below:
      • 6M Return %
      • 1Y Return %
      • 3Y Return %
    3. Below Average: Two return parameters of the fund are below average in the category, which are listed below:
      • 1M Return %
      • 3M Return %
  2. Risk: It signifies the potential for financial loss or the failure to achieve anticipated returns due to diverse elements. We have analyzed two risk parameters of Axis NIFTY Bank ETF, and divided it into three groups the lowest 25%, below average but above the lowest 25%, and above average. More details are provided below.
    1. Lowest 25%: Axis NIFTY Bank ETF 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 Bank ETF has one risk parameter that is below average but above the lowest 25% in the category. These are:
      • Semi-Deviation: It is a measure of the dispersion of a set of data from its mean. It is calculated as the square root of variance by determining the variation between each data point relative to the mean. The higher the semi-deviation, the greater the risk. The semi-deviation of the fund is 9.4 %.
    3. Above Average: Axis NIFTY Bank ETF has one parameter that is above average which is listed below:
      • Standard Deviation: It is a measure of the dispersion of a set of data from its mean. It is calculated as the square root of variance by determining the variation between each data point relative to the mean. The higher the standard deviation, the greater the risk. The standard deviation of the fund is 14.52 %.
  3. Risk Adjusted Performance Parameters: Risk-adjusted performance parameters in mutual funds are parameters that assess the return on investments based on the risks involved. These parameters provide a platform for investors to compare various investments, by considering both profits and the risks involved. For Axis NIFTY Bank ETF, we have evaluated three risk-adjusted performance parameters.
    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: Axis NIFTY Bank ETF has two risk-adjusted performance parameters of the fund that are in the this group of the category.
      • Sharpe Ratio: Axis NIFTY Bank ETF has a Sharpe Ratio of 0.36 compared to the category average of -1.34.
      • Sortino Ratio: Axis NIFTY Bank ETF has a Sortino Ratio of 0.21 compared to the category average of 0.17.
    3. Below Average Risk Adjusted Performance Parameters: Axis NIFTY Bank ETF has one risk-adjusted performance parameter of the fund that is below average in the category.
      • Sterling Ratio: Axis NIFTY Bank ETF has a Sterling Ratio of 0.58 compared to the category average of 0.58.


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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % -2.52
-1.76
-12.90 | 8.31 129 | 183 Average
3M Return % -3.68
-2.89
-14.77 | 19.95 104 | 183 Average
6M Return % -3.66
-4.14
-20.18 | 25.22 60 | 183 Good
1Y Return % 8.55
4.41
-89.61 | 55.95 118 | 169 Average
3Y Return % 10.00
5.66
-49.40 | 38.17 71 | 108 Average
1Y SIP Return % -0.90
-0.79
-32.59 | 24.18 85 | 163 Average
3Y SIP Return % 9.63
15.22
-8.04 | 43.33 77 | 97 Poor
Standard Deviation 14.52
14.04
0.00 | 40.57 46 | 88 Average
Semi Deviation 9.40
9.64
0.00 | 24.49 42 | 88 Good
Max Drawdown % -11.54
-13.04
-43.82 | 0.00 45 | 88 Average
VaR 1 Y % -17.08
-16.69
-55.55 | 0.00 51 | 88 Average
Average Drawdown % -4.68
-6.73
-43.82 | 0.00 26 | 88 Good
Sharpe Ratio 0.36
-1.34
-144.34 | 1.65 34 | 86 Good
Sterling Ratio 0.58
0.58
-0.05 | 1.62 41 | 88 Good
Sortino Ratio 0.21
0.17
-1.00 | 1.00 34 | 88 Good
Return data last Updated On : Jan. 31, 2025.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Dec. 31, 2024
KPIs: Key Performance Indicators

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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
Standard Deviation 14.52 14.04 0.00 | 40.57 46 | 88
Semi Deviation 9.40 9.64 0.00 | 24.49 42 | 88
Max Drawdown % -11.54 -13.04 -43.82 | 0.00 45 | 88
VaR 1 Y % -17.08 -16.69 -55.55 | 0.00 51 | 88
Average Drawdown % -4.68 -6.73 -43.82 | 0.00 26 | 88
Sharpe Ratio 0.36 -1.34 -144.34 | 1.65 34 | 86
Sterling Ratio 0.58 0.58 -0.05 | 1.62 41 | 88
Sortino Ratio 0.21 0.17 -1.00 | 1.00 34 | 88
Return data last Updated On : Jan. 31, 2025.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Dec. 31, 2024
KPIs: Key Performance Indicators

Investment Period Regular Direct
Return % Current Value of ₹ 10000 Return % Current Value of ₹ 10000
1D 0.56 ₹ 10,056.00 ₹
1W 2.52 ₹ 10,252.00 ₹
1M -2.52 ₹ 9,748.00 ₹
3M -3.68 ₹ 9,632.00 ₹
6M -3.66 ₹ 9,634.00 ₹
1Y 8.55 ₹ 10,855.00 ₹
3Y 10.00 ₹ 13,310.00 ₹
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 -0.90 ₹ 11,941.36 ₹
3Y ₹ 36000 9.63 ₹ 41,632.20 ₹
5Y ₹ 60000 ₹ ₹
7Y ₹ 84000 ₹ ₹
10Y ₹ 120000 ₹ ₹
15Y ₹ 180000 ₹ ₹


Date Axis Nifty Bank Etf NAV Regular Growth Axis Nifty Bank Etf NAV Direct Growth
31-01-2025 506.6229 None
30-01-2025 503.8146 None
29-01-2025 502.3274 None
28-01-2025 499.2744 None
27-01-2025 491.0796 None
24-01-2025 494.1832 None
23-01-2025 496.4444 None
22-01-2025 497.832 None
21-01-2025 496.2655 None
20-01-2025 504.2369 None
17-01-2025 495.9654 None
16-01-2025 503.5113 None
15-01-2025 498.1294 None
14-01-2025 497.902 None
13-01-2025 490.8772 None
10-01-2025 497.965 None
09-01-2025 505.8264 None
08-01-2025 509.2172 None
07-01-2025 512.9707 None
06-01-2025 510.1116 None
03-01-2025 521.019 None
02-01-2025 527.3258 None
01-01-2025 521.7616 None
31-12-2024 519.7168 None

Fund Launch Date: 09/Nov/2020
Fund Category: Other ETFs
Investment Objective: The investment objective of the Scheme is to provide returns before expenses that closely correspond to the total returns of the NIFTY Bank Index subject to tracking errors.
Fund Description: An Open Ended scheme replicating / tracking NIFTY Bank Index Continuous offer for Units at NAV based prices
Fund Benchmark: Nifty Bank Total Returns Index Index
Source: Fund FactSheet

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