Axis Nifty It Etf Overview
Category Other ETFs
BMSMONEY Rank 54
BMSMONEY Rating
Gro. Opt. As On: 19-11-2024
NAV ₹445.04(R) +0.82% (D) %
Returns 1Y 3Y 5Y 7Y 10Y
LumpSum (R) 31.02% 6.86% -% -% -%
LumpSum (D)
SIP (R) 7.59% 17.63% -% -% -%
SIP (D)
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
-0.02 0.04 0.16 -% -
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
21.39% -28.04% -29.27% - 14.78%
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NAV Date: 19-11-2024

Scheme Name NAV Rupee Change Percent Change
Axis IT ETF 445.04
3.6400
0.8200%

Review Date: 19-11-2024

A review of the different performance parameters of the fund is as follows:
  1. Returns: It signifies the growth in the investment's value over a specific period, presented either as a percentage or a monetary figure. Our analysis focused on five return parameters of this fund. The return parameters have been categorized into three performance groups: the top 25%, those below the top 25% but above average, and those below average. Now, let's take a look at how each parameter has performed.
    1. Top 25%: Four return parameters of the Axis NIFTY IT ETF are in the top 25% in the category, as shown below:
      • 1M Return %
      • 3M Return %
      • 6M Return %
      • 1Y Return %
    2. Above Average Below the Top 25%: One return parameter of the Axis NIFTY IT ETF is above average but below the top 25% in the category, as shown below:
      • 3Y Return %
    3. Below Average: Axis NIFTY IT ETF has no return parameters that are below average in the category.
  2. Risk: Various factors can lead to the risk of either not meeting expected returns or encountering a monetary loss. For Axis NIFTY IT ETF, we have analyzed two 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 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 IT ETF does not have any risk parameters in the below average but above the lowest 25% of the category.
    3. Above Average: Axis NIFTY IT ETF has two parameters that are above average which are 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 21.39 %.
      • 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 14.78 %.
  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 three 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: Axis NIFTY IT ETF has three risk-adjusted performance parameters of the fund that are below average in the category.
      • Sharpe Ratio: Axis NIFTY IT ETF has a Sharpe Ratio of -0.02 compared to the category average of 0.36.
      • Sterling Ratio: Axis NIFTY IT ETF has a Sterling Ratio of 0.16 compared to the category average of 0.59.
      • Sortino Ratio: Axis NIFTY IT ETF has a Sortino Ratio of 0.04 compared to the category average of 0.17.


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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % 0.91
-4.13
-9.06 | 5.67 13 | 186 Very Good
3M Return % 1.74
-2.35
-14.26 | 25.71 36 | 186 Very Good
6M Return % 26.46
4.92
-10.18 | 26.60 9 | 178 Very Good
1Y Return % 31.02
15.71
-89.10 | 54.69 39 | 166 Very Good
3Y Return % 6.86
2.36
-50.39 | 43.66 65 | 100 Average
1Y SIP Return % 7.59
-6.01
-39.83 | 26.22 15 | 154 Very Good
3Y SIP Return % 17.63
15.24
-11.92 | 46.84 33 | 90 Good
Standard Deviation 21.39
13.85
0.00 | 28.97 73 | 80 Poor
Semi Deviation 14.78
9.61
0.00 | 18.80 73 | 80 Poor
Max Drawdown % -29.27
-12.90
-38.86 | 0.00 76 | 80 Poor
VaR 1 Y % -28.04
-16.92
-34.01 | 0.00 74 | 80 Poor
Average Drawdown % -12.09
-5.78
-19.01 | 0.00 76 | 80 Poor
Sharpe Ratio -0.02
0.36
-0.74 | 1.89 64 | 77 Poor
Sterling Ratio 0.16
0.59
-0.01 | 2.15 74 | 80 Poor
Sortino Ratio 0.04
0.17
-1.00 | 1.16 64 | 80 Poor
Return data last Updated On : Nov. 19, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Oct. 31, 2024
KPIs: Key Performance Indicators

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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
Standard Deviation 21.39 13.85 0.00 | 28.97 73 | 80
Semi Deviation 14.78 9.61 0.00 | 18.80 73 | 80
Max Drawdown % -29.27 -12.90 -38.86 | 0.00 76 | 80
VaR 1 Y % -28.04 -16.92 -34.01 | 0.00 74 | 80
Average Drawdown % -12.09 -5.78 -19.01 | 0.00 76 | 80
Sharpe Ratio -0.02 0.36 -0.74 | 1.89 64 | 77
Sterling Ratio 0.16 0.59 -0.01 | 2.15 74 | 80
Sortino Ratio 0.04 0.17 -1.00 | 1.16 64 | 80
Return data last Updated On : Nov. 19, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Oct. 31, 2024
KPIs: Key Performance Indicators

Investment Period Regular Direct
Return % Current Value of ₹ 10000 Return % Current Value of ₹ 10000
1D 0.82 ₹ 10,082.00 ₹
1W -2.03 ₹ 9,797.00 ₹
1M 0.91 ₹ 10,091.00 ₹
3M 1.74 ₹ 10,174.00 ₹
6M 26.46 ₹ 12,646.00 ₹
1Y 31.02 ₹ 13,102.00 ₹
3Y 6.86 ₹ 12,204.00 ₹
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 7.59 ₹ 12,489.29 ₹
3Y ₹ 36000 17.63 ₹ 46,715.29 ₹
5Y ₹ 60000 ₹ ₹
7Y ₹ 84000 ₹ ₹
10Y ₹ 120000 ₹ ₹
15Y ₹ 180000 ₹ ₹


Date Axis Nifty It Etf NAV Regular Growth Axis Nifty It Etf NAV Direct Growth
19-11-2024 445.0446 None
18-11-2024 441.4079 None
14-11-2024 451.9069 None
13-11-2024 451.6834 None
12-11-2024 454.2432 None
11-11-2024 454.048 None
08-11-2024 448.3227 None
07-11-2024 445.166 None
06-11-2024 448.2143 None
05-11-2024 431.0846 None
04-11-2024 431.0578 None
31-10-2024 430.9184 None
30-10-2024 443.8806 None
29-10-2024 447.7332 None
28-10-2024 448.2268 None
25-10-2024 446.4668 None
24-10-2024 447.4354 None
23-10-2024 448.3096 None
22-10-2024 437.8927 None
21-10-2024 441.0166 None

Fund Launch Date: 25/Mar/2021
Fund Category: Other ETFs
Investment Objective: To provide returns before expenses that closely correspond to the total returns of the NIFTY IT Index subject to tracking errors.
Fund Description: An Open Ended Exchange Traded Fund tracking NIFTY IT Index
Fund Benchmark: Nifty IT Total Returns Index Index
Source: Fund FactSheet

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