Axis Nifty IT Index Fund
Axis Nifty IT Index Fund is a index funds etfs fund of Axis Asset Management Co. Ltd. with ₹127 cr under management. It is ahead of its benchmark (Nifty IT TRI) in 0 of 2 periods. Its direct plan charges 0.43% a year. Nandik Malik has managed it for 0.6 years.
Has Axis Nifty IT Index Fund beaten its benchmark?
Ahead of its benchmark, Nifty IT TRI, in 0 of 2 periods in AMFI's figures; −14.07% over the last year against −13.76%.
Period returns
Direct Plan, growth · 3y and longer a year| Period | Fund | Nifty 500 TRI | Ahead |
|---|---|---|---|
| 1 month | +4.41% | −3.60% | — |
| 3 months | +5.94% | −5.03% | — |
| 6 months | −3.63% | −1.83% | — |
| 1 year | −12.71% | −4.06% | −8.65 pts |
| 3 years | −0.01% | +9.27% | −9.28 pts |
| 5 years | — | +8.00% | — |
| 10 years | — | +12.69% | — |
| Since start from 18 Jul 2023 | +0.47% | — | — |
Official figures
AMFI performance feed, 13 Oct 2026| Period | Direct | Regular | Benchmark | Ahead | Rank |
|---|---|---|---|---|---|
| 1y | −14.07% | −14.66% | −13.76% | −0.31 | 🔒 |
| 3y | −0.42% | −1.10% | −0.01% | −0.41 | 🔒 |
| 5y | — | — | — | — | — |
| 10y | — | — | — | — | — |
Value of 100, month-end
Jul 2023 to 14 Oct 2026₹100 put in at the start of Jul 2023 would be ₹106 on 14 Oct 2026, against ₹133 in the Nifty 500 TRI.
What does Axis Nifty IT Index Fund cost?
0.43% a year on the direct plan, 1.17% on the regular plan; 23 of 74 funds in its category charge less.
Who manages Axis Nifty IT Index Fund?
Nandik Malik, since 6 Mar 2026; Rohit Gautam, since 6 Mar 2026.
What does Axis Nifty IT Index Fund hold?
12 holdings as of 30 Sep 2026; the ten largest are 100.1% of the fund, the largest Infosys Limited at 31.3%.
Mix
Holdings as of 30 Sep 2026Five largest industries
% of fundBy company size
% of equity · SEBI size listsHow does Axis Nifty IT Index Fund score against its category?
Seven scores against funds of its kind, and the warning signs it trips.
Are the companies inside any good?
The holdings by valuation, forensic risk, business quality and balance sheet, weighted by their share of the fund.
How is Axis Nifty IT Index Fund run?
Turnover, what it bought and sold, its cash and its record in new listings, from its monthly holdings files.
Which funds hold much the same?
The index it is nearest and the funds whose holdings overlap most.
Funds that hold much the same
% of holdings in commonHow much is in its sponsor's own group?
Holdings in companies of the fund house's sponsor group, beside the index.
Questions people ask
Who manages Axis Nifty IT Index Fund?
Nandik Malik (manager) since 6 Mar 2026; Rohit Gautam (manager) since 6 Mar 2026.
What is the expense ratio of Axis Nifty IT Index Fund?
0.43% a year on the direct plan and 1.17% on the regular plan (expense report, Oct 2026).
How has Axis Nifty IT Index Fund done?
Its direct plan returned −0.42% a year over 3 years against −0.01% for its benchmark, Nifty IT TRI, as of 13 Oct 2026.
See Axis Nifty IT Index Fund beside your own funds in Valarth
