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Direct
GROWTH
Active
Axis Nifty IT Index Fund - Direct Plan - Growth
Axis Mutual Fund · AMFI: 151785
· ISIN: INF846K017R3
Latest NAV
โน11.3046
as of Nov. 4, 2026
1Y: -7.92%
3Y: +2.99%
Fund Information
05 Nov 2026 ยท captnemo
Fund House
Axis Mutual Fund
Category
Index Funds - Equity Funds
AUM
โน1233.0 Cr
Expense Ratio
0.42%
Min SIP
โน100.0
Min Lumpsum
โน100.0
Fund Start Date
14 Jul 2023
Lock-in Period
None
๐ฐ Fund AUM Trend
Current: โน1233.0 Cr
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.
Trailing Returns
Full Analysis โ
| Period | Fund | Benchmark | Cat Min | Cat Avg | Cat Max | Excess vs BM | Excess vs Cat |
|---|---|---|---|---|---|---|---|
| 1W | 130.20% | 67.37% | โ | โ | โ | 62.83% | โ |
| 1M | 372.51% | 323.90% | โ | โ | โ | 48.61% | โ |
| 3M | 9.68% | 6.04% | โ | โ | โ | 3.64% | โ |
| 6M | 21.83% | 18.61% | โ | โ | โ | 3.22% | โ |
| 1Y | -7.92% | -9.67% | -18.82% | 4.34% | 24.25% | 1.75% | -12.26% |
| 2Y | -9.47% | -15.43% | โ | โ | โ | 5.96% | โ |
| 3Y | 2.79% | -15.43% | -9.04% | 6.40% | 24.94% | 18.22% | -3.61% |
| 5Y | 2.38% | -15.43% | -5.53% | 4.26% | 16.38% | 17.81% | -1.88% |
| 7Y | 2.38% | -15.43% | โ | โ | โ | 17.81% | โ |
| 10Y | 2.38% | -15.43% | โ | โ | โ | 17.81% | โ |
| SI | 2.38% | -15.43% | โ | โ | โ | 17.81% | โ |
Risk Snapshot (3Y)
Sharpe Ratio
-0.16
(cat: 0.44)
Max Drawdown
-38.81%
(cat: -15.76%)
Std Dev (Ann)
22.73%
(cat: 13.1%)
Beta
1.00
(cat: 0.75)
Index Funds
ยท 239 funds
ยท Avg Score: 46/100
ยท Category Meter โ
NAV History
Trailing Returns (CAGR)
| Period | Fund | Benchmark | Cat Min | Cat Avg | Cat Max | Excess vs BM | Excess vs Cat |
|---|---|---|---|---|---|---|---|
| 1W | 130.20% | 67.37% | โ | โ | โ | 62.83% | โ |
| 1M | 372.51% | 323.90% | โ | โ | โ | 48.61% | โ |
| 3M | 9.68% | 6.04% | โ | โ | โ | 3.64% | โ |
| 6M | 21.83% | 18.61% | โ | โ | โ | 3.22% | โ |
| 1Y | -7.92% | -9.67% | -18.82% | 4.34% | 24.25% | 1.75% | -12.26% |
| 2Y | -9.47% | -15.43% | โ | โ | โ | 5.96% | โ |
| 3Y | 2.79% | -15.43% | -9.04% | 6.40% | 24.94% | 18.22% | -3.61% |
| 5Y | 2.38% | -15.43% | -5.53% | 4.26% | 16.38% | 17.81% | -1.88% |
| 7Y | 2.38% | -15.43% | โ | โ | โ | 17.81% | โ |
| 10Y | 2.38% | -15.43% | โ | โ | โ | 17.81% | โ |
| SI | 2.38% | -15.43% | โ | โ | โ | 17.81% | โ |
Trailing Returns Chart
Calendar Year Returns
Rolling Return Statistics
All rolling windows vs benchmark โ full history
| Window | Min | Max | Median | Mean | Win Rate (>0%) | Win Rate (>8%) | BM Median | BM Mean | Outperform % | Cat Avg |
|---|---|---|---|---|---|---|---|---|---|---|
| 1Y Rolling | -29.70% | 43.36% | -8.10% | 0.75% | 42.1% | 34.3% | -15.81% | -16.64% | 100.0% | โ |
| 2Y Rolling | -18.42% | 16.53% | -2.43% | -2.19% | 46.6% | 12.3% | โ | โ | โ | โ |
| 3Y Rolling | -4.22% | 1.90% | -0.41% | -0.58% | 34.9% | 0.0% | โ | โ | โ | โ |
Rolling Return Calculator
Inception: July 14, 2023 ยท Latest NAV: โ
Rolling Window
Start Date
End Date
Rolling Returns Distribution (All Windows)
Bar = mean, error bar = min/max. BM shown beside. Right axis = % of periods beating BM.
๐งฎ SIP Simulator
10 yrs
Enter values and click Calculate.
๐ฐ Lumpsum Simulator
10 yrs
Enter values and click Calculate.
Risk Metrics โ 3 Years
Category Avg (Index Funds)
ยท Std Dev: 13.12%
ยท Sharpe: 0.44
ยท Sortino: 0.70
ยท Max DD: -15.76%
Std Dev (Ann %)
22.73%
(cat: 13.1%)
Sharpe Ratio
-0.16
(cat: 0.44)
Sortino Ratio
-0.25
(cat: 0.70)
Max Drawdown %
-38.81%
(cat: -15.76%)
Beta
1.00
(cat: 0.75)
Alpha (Ann %)
17.80%
(cat: 3.43)
R-Squared %
99.89%
Tracking Error %
0.78%
Info Ratio
22.94
Upside Capture %
100.6%
Downside Capture %
99.3%
Risk-Free Rate Used
6.50%
Risk Metrics โ 5 Years
Category Avg (Index Funds)
ยท Std Dev: 13.03%
ยท Sharpe: 0.28
ยท Sortino: 0.46
ยท Max DD: -16.80%
Std Dev (Ann %)
22.12%
(cat: 13.0%)
Sharpe Ratio
-0.19
(cat: 0.28)
Sortino Ratio
-0.28
(cat: 0.46)
Max Drawdown %
-38.81%
(cat: -16.80%)
Beta
1.00
Alpha (Ann %)
17.40%
R-Squared %
99.89%
Tracking Error %
0.78%
Info Ratio
22.43
Upside Capture %
100.6%
Downside Capture %
99.3%
Benchmark
NIFTY IT
Market Volatility Measures (3Y)
Upside Capture
100.6%
Downside Capture
99.3%
Max Drawdown
-38.81%
Quarterly Performance Analysis (Top 5 & Worst 5)
๐ Upside Quarters (Top 5)
| Quarter | Fund | Benchmark |
|---|---|---|
| Q2 2024 | 16.06% | โ |
| Q3 2026 | 16.05% | 15.02% |
| Q3 2025 | 13.36% | 12.57% |
| Q3 2023 | 12.33% | โ |
| Q1 2025 | 6.26% | 5.60% |
Total 8 upside quarter(s)
๐ Downside Quarters (Worst 5)
| Quarter | Fund | Benchmark |
|---|---|---|
| Q4 2025 | -22.96% | -23.29% |
| Q4 2024 | -14.51% | โ |
| Q2 2025 | -13.36% | -13.59% |
| Q1 2026 | -9.07% | -9.51% |
| Q4 2023 | -1.53% | โ |
Total 5 downside quarter(s)
Year-wise Risk Metrics
| Year | Fund CAGR | BM CAGR | Alpha | Beta | Sharpe | Sortino | Max DD | Upside Cap | Downside Cap |
|---|---|---|---|---|---|---|---|---|---|
| 2026 | -17.44% | -19.67% | 1.63% | 1.00 | -0.86 | -1.26 | -29.74% | 100.6% | 99.6% |
| 2025 | -10.89% | -12.70% | 1.32% | 1.00 | -0.82 | -1.32 | -26.29% | 100.6% | 98.9% |
| 2024 | 23.26% | โ | โ | โ | 0.86 | 1.38 | -15.11% | โ | โ |
| 2023* | 33.95% | โ | โ | โ | 1.59 | 2.53 | -7.70% | โ | โ |
Drawdown Chart
Crisis Period Behaviour
"Pre-inception" = fund didn't exist during that period. Hover the โ on each card for how to interpret it.
๐ How to interpret these numbers
0% or positive โ Held up during crash (exceptional)
0% to -15% โ Mild damage, manageable drawdown
Below -15% โ Significant hit; check recovery speed
Recovery label โ Months from trough back to pre-crash peak
Market Regime Analysis
Reading the cards:
โฅ15% Excellent
5โ15% Good
0โ5% Muted
<0% Lost money
|
Click โผ Per-window on any card to see each individual time window
โน๏ธ Regime windows are approximations based on Nifty 50 price action and RBI policy dates. Returns shown are fund NAV CAGR within covered dates only.
โ ๏ธ Benchmark Note: Index data shown is Price Index, not TRI (Total Return Index).
TRI includes dividends and is typically 1-2% higher annually. SEBI mandates TRI for official benchmark comparison.
Sector Allocation
Technology
100.0%
Weightage by Market Cap
Large Cap
76.43%
Mid Cap
16.55%
Small Cap
7.35%
Asset Allocation
Debt
0.00%
Cash
-0.32%
Portfolio Summary
Category Avg (Index Funds)
ยท Turnover: 0.5%
(median: 0.3%)
Total Holdings
12
Top 10 Weight
โ
Portfolio Turnover
โ
(cat avg: 0.5%)
Top Holdings
As of Oct 2026
| # | Security | Sector | Weight % | Fwd P/E |
|---|---|---|---|---|
| 1 |
Infosys Ltd
INE009A01021
|
Technology |
28.96%
|
13.3x |
| 2 |
Tata Consultancy Services Ltd
INE467B01029
|
Technology |
20.33%
|
13.6x |
| 3 |
HCL Technologies Ltd
INE860A01027
|
Technology |
11.48%
|
โ |
| 4 |
Tech Mahindra Ltd
INE669C01036
|
Technology |
10.56%
|
โ |
| 5 |
Coforge Ltd
INE591G01025
|
Technology |
7.06%
|
โ |
| 6 |
Persistent Systems Ltd
INE262H01021
|
Technology |
6.21%
|
โ |
| 7 |
Wipro Ltd
INE075A01022
|
Technology |
5.10%
|
11.6x |
| 8 |
LTM Ltd
INE214T01019
|
Technology |
4.31%
|
โ |
| 9 |
Mphasis Ltd
INE356A01018
|
Technology |
3.28%
|
โ |
| 10 |
Oracle Financial Services Software Ltd
INE881D01027
|
Technology |
3.05%
|
โ |
| 11 |
Clearing Corporation Of India Ltd
|
cashAndEquivalents |
0.64%
|
โ |
| 12 |
Net Receivables / (Payables)
|
cashAndEquivalents |
-0.96%
|
โ |
Costs & Fees
Category Avg (Index Funds)
ยท Expense Ratio: 0.29%
(median: 0.25%)
ยท Turnover: 0.5%
Expense Ratio
0.42%
(cat avg: 0.29%)
Expense Ratio Date
30 Sep 2026
Portfolio Turnover
โ
(cat avg: 0.5%)
CRISIL Rating
Very High Risk
Kuvera Rating
โ
Investment Rules
Min Lumpsum
โน100
Min Additional
โน100
Min SIP
โน100
SIP Available
โ
Yes
Lock-in Period
None
Redemption Allowed
โ
Yes
Tax Treatment
Equity Fund Tax Rules
• STCG (held <12 months): 20% flat
• LTCG (held >12 months): 12.5% on gains above โน1.25 lakh
• ELSS: 3-year lock-in applies; LTCG rules apply
• STCG (held <12 months): 20% flat
• LTCG (held >12 months): 12.5% on gains above โน1.25 lakh
• ELSS: 3-year lock-in applies; LTCG rules apply
Benchmark
NIFTY IT
SEBI-assigned category benchmark for this fund type.
Source: database
โ ๏ธ Data shown is Price Index, not TRI. TRI returns are typically 1-2% higher annually.
N
Nandik Malik
Fund Manager ยท captnemo
AMC
Axis Mutual Fund
Axis Mutual Fund
Manager tenure/profile
Not exposed by current APIs
Not exposed by current APIs
R
Rohit Gautam
Fund Manager ยท captnemo
AMC
Axis Mutual Fund
Axis Mutual Fund
Manager tenure/profile
Not exposed by current APIs
Not exposed by current APIs
Management Context
| Fund House | Axis Mutual Fund |
| Inception / First NAV | July 14, 2023 |
| AUM | Rs 1233 Cr |
| Expense Ratio | 0.42% |
| Portfolio Turnover | - |
| Rating | Very High Risk |
| Benchmark | NIFTY IT |
| Data Source | captnemo |
Portfolio Managed
Holdings Used
12
database
Sectors
1
Portfolio view
3Y Sharpe
-0.16
NAV computed
3Y Drawdown
-38.8%
NAV computed
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.
Computing fund scorecard & factor breakdownโฆ
Loading peer funds in the same categoryโฆ
Loading NAV history for analysisโฆ