Axis NIFTY Bank ETF

Fund House: Axis Mutual Fund
Category: ETFs
Launch Date: 12-11-2020
Asset Class: Equity
Benchmark: NIFTY Bank TRI
Expense Ratio: 0.15% As on (31-10-2022)
Status: Open Ended Schemes
Minimum Investment: 5000.0
Minimum Topup: 0.0
Total Assets: 46.58 Cr As on (31-10-2022)
Turn over: - | Exit Load: Nil

434.8949

24.79%

PERFORMANCE

Returns Type:
of  
Start :  
End : 
Period:  
This Scheme
-
vs
NIFTY 50 TRI
-
Gold
-
PPF
-
Returns Type:
of  
  Period:  

Start :  
Period:  

RETURNS ANALYSIS

Fund Multiplier

Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)

Time Taken To Multiply
2x
4x
5x
10x
FUND
0 Years 0 Months
0 Years 0 Months
0 Years 0 Months
0 Years 0 Months
FD
11 years 10 Months
GOLD
8 years 9 Months
NIFTY
5 years 5 Months

 

Investment Objective

The scheme seeks to provide returns before expenses that closely correspond to the total returns of the NIFTY Bank Index subject to tracking errors.

Current Asset Allocation (%)

Indicators

Volatility
Sharp Ratio
Alpha
Beta
Yield to Maturity -
Average Maturity -

PEER COMPARISON

Scheme Name Inception
Date
1 Year
Return(%)
2 Year
Return(%)
3 Year
Return(%)
5 Year
Return(%)
10 Year
Return(%)
Axis NIFTY Bank ETF 12-11-2020 21.36 20.45 - - -
Nippon India ETF Nifty PSU Bank BeES 25-10-2007 64.77 58.31 19.84 2.22 -
CPSE ETF 05-03-2014 32.85 40.43 20.22 6.41 -
Bharat 22 ETF 03-11-2017 32.01 37.14 19.42 9.74 -
ICICI Prudential Nifty FMCG ETF 05-08-2021 25.34 - - - -
UTI Nifty Bank ETF 05-09-2020 21.54 20.34 - - -
Edelweiss ETF - Nifty Bank 15-12-2015 21.5 20.47 11.27 11.85 -
ICICI Prudential Nifty Bank ETF 05-07-2019 21.47 20.33 11.25 - -
Aditya Birla Sun Life Banking ETF 20-10-2019 21.41 20.27 11.33 - -
SBI Nifty Bank ETF 01-03-2015 21.4 20.26 10.97 11.62 -

Scheme Characteristics

Minimum investment in securities of a particular index (which is being replicated/ tracked) - 95% of total assets.

Riskometer

riskometer

PORTFOLIO

Market Cap Distribution

Others

0.04%

Large Cap

93.64%

Mid Cap

6.32%

Tax Benefits of investing in this fund

Long term capital gains (LTCG) tax @10% (plus surcharge, if applicable and cess) without indexation if units held for more than 12 months#

Short term capital gains (STCG) tax @ 15% (plus surcharge, if applicable and cess) if units are held for less than 12 months.

Investor does not pay any tax on dividends but a Dividend Distribution Tax (DDT) is deducted at source @11.648% (10% + 12% surcharge + 4% Health & education cess) **

# Capital gain accrued up to January 31st 2018 is exempt from LTCG tax in respect of units acquired before January 31, 2018 & redeemed on or after April 1, 2018. ** The DDT is to be paid by the mutual fund

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