- AMC
- Axis Mutual Fund
- Category
- Equity Funds
- ISIN
- INF846K013W2
Axis Nifty Bank Index Fund
₹11.2471
−₹0.0730 (−0.64%)
NAV · Regular · IDCW ·
Axis Nifty Bank Index Fund's Regular IDCW NAV was ₹11.2471 on 19 Oct 2026, down 0.64% on the day. Its 1-year return is −4.29%.
- Expense ratio
- 1.14%
- Fund size
- ₹159.78 Cr
- Min. investment
- ₹500
NAV history
Between 20 Oct 2025 and 19 Oct 2026, the NAV ranged from ₹10.1860 to ₹12.4838.
Regular · IDCW plan. 3Y, 5Y and since-launch returns are annualised; since launch is absolute until the fund is a year old. Longer ranges appear once the fund has that much history.
Fund details
- Expense ratio
- 1.14% (Regular)
- Exit load
- 0.25% if redeemed/switched out within 7 days from allotment/investment; nil after 7 days
- Riskometer
- Very high
- Benchmark
- Nifty Bank TRI
- Launched
- 3 May 2024
- Fund managers
- Nandik Malik, Rohit Gautam
Fund size, expense ratio and minimums as of 1 Oct 2026.
All plans
| Plan | ISIN | NAV | 1 day | Expense ratio | 1 year |
|---|---|---|---|---|---|
| Direct · Growth | INF846K015W7 | ₹11.4787 | −0.64% | 0.25% | −3.48% |
| Regular · Growth | INF846K012W4 | ₹11.2474 | −0.65% | 1.14% | −4.28% |
| Direct · IDCW | INF846K016W5 | ₹11.4788 | −0.64% | 0.25% | −3.48% |
| Regular · IDCW | INF846K013W2 | ₹11.2471 | −0.64% | 1.14% | −4.29% |
All plans hold the same portfolio. They differ in expense ratio (Direct plans pay no distributor commission) and in how gains are handled (Growth reinvests, IDCW pays out).
About this fund
Axis Nifty Bank Index Fund is an open-ended mutual fund from Axis Mutual Fund, in the Equity Funds category. It began on 3 May 2024. It is benchmarked to the Nifty Bank TRI. The fund manages ₹159.78 Cr across its plans as of 1 Oct 2026. The Regular · IDCW plan has an expense ratio of 1.14%. The minimum first investment is ₹500, and SIPs are available.
FAQs
What is the NAV of Axis Nifty Bank Index Fund?
The NAV of Axis Nifty Bank Index Fund (Regular · IDCW) was ₹11.2471 on 19 Oct 2026, down 0.64% from the previous NAV.
What plans does Axis Nifty Bank Index Fund have?
Axis Nifty Bank Index Fund has 4 plans: Direct · Growth; Regular · Growth; Direct · IDCW; Regular · IDCW.
What is the expense ratio of Axis Nifty Bank Index Fund?
The Regular · IDCW plan of Axis Nifty Bank Index Fund has an expense ratio of 1.14%.
What is the fund size (AUM) of Axis Nifty Bank Index Fund?
Axis Nifty Bank Index Fund manages ₹159.78 Cr across all plans as of 1 Oct 2026.
What returns has Axis Nifty Bank Index Fund delivered?
Axis Nifty Bank Index Fund returned −4.29% over 1Y. Past performance does not guarantee future returns.
What is the exit load of Axis Nifty Bank Index Fund?
Axis Nifty Bank Index Fund: 0.25% if redeemed/switched out within 7 days from allotment/investment; nil after 7 days.
What is the minimum investment and SIP amount for Axis Nifty Bank Index Fund?
The minimum first investment in Axis Nifty Bank Index Fund is ₹500, and ₹100 after that. SIPs are available (SIP available Daily/Weekly/Monthly/Yearly. Minimum: Rs. 100 for Daily/Weekly/Monthly, Rs. 12,000 for Yearly. Minimum 6 instalments for Daily/Weekly/Monthly, 3 for Yearly. All dates except 29, 30, 31.).
How risky is Axis Nifty Bank Index Fund?
Axis Nifty Bank Index Fund is rated "very high risk" on SEBI's riskometer.
For information only. Not investment advice or a research report. Past performance does not guarantee future returns. Mutual fund investments are subject to market risks; read all scheme-related documents carefully.
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