Axis Nifty It Index Fund Overview
Category Index Fund
BMSMONEY Rank N/A
BMSMONEY Rating N/A
Gro. Opt. As On: 19-11-2024
NAV ₹14.11(R) +0.82% ₹14.24(D) +0.82%
Returns 1Y 3Y 5Y 7Y 10Y
LumpSum (R) 30.02% -% -% -% -%
LumpSum (D) 30.84% -% -% -% -%
SIP (R) 6.75% -% -% -% -%
SIP (D) 7.47% -% -% -% -%
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
Fund Name Rank Rating
Motilal Oswal Nifty Smallcap 250 Index Fund 1
Aditya Birla Sun Life Nifty Midcap 150 Index Fund 2
Nippon India Nifty Smallcap 250 Index Fund 3
Nippon India Nifty 50 Value 20 Index Fund 4
Motilal Oswal Nifty Midcap 150 Index Fund 5
Dsp Nifty Next 50 Index Fund 6
Nippon India Nifty Midcap 150 Index Fund 7
Kotak Nifty Next 50 Index Fund 8
motilal oswal nifty next 50 index fund 9
Icici Prudential Nifty Next 50 Index Fund 10

NAV Date: 19-11-2024

Scheme Name NAV Rupee Change Percent Change
Axis Nifty IT Index Fund - Regular Plan - IDCW 14.11
0.1100
0.8200%
Axis Nifty IT Index Fund - Regular Plan - Growth 14.11
0.1100
0.8200%
Axis Nifty IT Index Fund - Direct Plan - Growth 14.24
0.1200
0.8200%
Axis Nifty IT Index Fund - Direct Plan - IDCW 14.24
0.1200
0.8200%

Review Date: 19-11-2024

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 four 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%: Three return parameters of the Axis Nifty IT Index Fund are in the top 25% in the category, as shown below:
      • 1M Return %
      • 3M Return %
      • 6M Return %
    2. Above Average Below the Top 25%: One return parameter of the Axis Nifty IT Index Fund is above average but below the top 25% in the category, as shown below:
      • 1Y Return %
    3. Below Average: Axis Nifty IT Index Fund 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 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 % 0.85
-4.65
-8.56 | 1.96 5 | 145 Very Good
3M Return % 1.55
-3.98
-14.58 | 6.08 25 | 144 Very Good
6M Return % 25.92
4.44
-5.05 | 26.10 4 | 138 Very Good
1Y Return % 30.02
24.74
7.35 | 44.92 34 | 122 Good
1Y SIP Return % 6.75
-8.15
-38.78 | 10.23 5 | 120 Very Good
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
1M Return % 0.91 -4.61 -8.51 | 1.99 4 | 147
3M Return % 1.73 -3.87 -14.42 | 6.22 25 | 146
6M Return % 26.37 4.72 -4.84 | 26.52 3 | 140
1Y Return % 30.84 25.33 7.50 | 45.38 32 | 123
1Y SIP Return % 7.47 -7.67 -38.48 | 10.82 4 | 121
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 0.82 ₹ 10,082.00
1W -2.04 ₹ 9,796.00 -2.02 ₹ 9,798.00
1M 0.85 ₹ 10,085.00 0.91 ₹ 10,091.00
3M 1.55 ₹ 10,155.00 1.73 ₹ 10,173.00
6M 25.92 ₹ 12,592.00 26.37 ₹ 12,637.00
1Y 30.02 ₹ 13,002.00 30.84 ₹ 13,084.00
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 6.75 ₹ 12,435.61 7.47 ₹ 12,481.46
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
19-11-2024 14.1146 14.238
18-11-2024 13.9997 14.1218
14-11-2024 14.3334 14.4573
13-11-2024 14.3266 14.4502
12-11-2024 14.4079 14.5319
11-11-2024 14.4018 14.5255
08-11-2024 14.2211 14.3424
07-11-2024 14.1212 14.2413
06-11-2024 14.2183 14.339
05-11-2024 13.6756 13.7914
04-11-2024 13.675 13.7906
31-10-2024 13.6717 13.7862
30-10-2024 14.083 14.2006
29-10-2024 14.2054 14.3238
28-10-2024 14.2214 14.3396
25-10-2024 14.1665 14.2834
24-10-2024 14.1977 14.3145
23-10-2024 14.2257 14.3426
22-10-2024 13.8955 14.0094
21-10-2024 13.995 14.1094

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.