Investment type
AXIS Nifty IT Index Fund - Direct (G) is a mutual fund under the Index Funds category, managed by Axis Mutual Fund. It was launched on 13 Jan 2009, and has been active for over 16 years. As of 30 Jun 2025 the fund manages assets worth ₹137 Crores. The expense ratio is 0.32%.
This fund generated returns of 2.6% in the last 1 year. Since its inception, it has provided an average annual return of 14%.
The fund's investments are mainly concentrated in sectors like IT-Software and Debt.
The top five holdings in this fund include prominent companies such as Infosys, TCS, HCL Technologies, Tech Mahindra and Wipro.
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.
Index funds are generally low-risk as they spread investments across an entire market index, reducing the impact of individual stock volatility.
Yes, if you’re looking for a low-cost way to invest in the market and are comfortable with moderate returns that match market trends.
Ideally, you should stay invested for the long term, as index funds perform best over extended periods.
Yes, index funds are open-ended, so you can withdraw at any time, but it's best to hold them long-term.
Index funds usually have low expense ratios due to passive management, often ranging from 0.1% to 0.5%.
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