328.4422
413.5993
1
1 Lakh
Investment Grown to₹ 10000
Monthly SIP Grown toSuitability:
This is a fund that invests mainly in shares of banks and financial services companies.
We believe that investors should avoid funds that have a narrowly defined investment mandate such as this one. Instead, they should invest in flexi-cap funds which provide complete freedom to the fund management team to invest in companies from which it expects maximum gains.
But if you do invest, you must do so only through the SIP route. Click here to read a primer on SIP investing.
Warning: Do not invest in this, or any other banking sector fund, if you need to redeem your investment in less than seven years.
Taxability of earnings:
Capital gains
Dividends
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| YTD | 1-Day | 1-W | 1-M | 3-M | 6-M | 1-Y | 3-Y | 5-Y | 7-Y | 10-Y | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Axis NIFTY Bank ETF-G | 10.23 | 1.60 | 3.17 | 9.82 | 12.87 | 1.63 | 9.24 | -- | -- | -- | -- |
| S&P BSE Bankex TRI | 11.12 | 1.69 | 3.02 | 9.51 | 12.27 | 1.85 | 10.15 | -- | -- | -- | -- |
| Equity: Sectoral-Banking | 8.34 | 1.56 | 2.87 | 9.72 | 13.10 | 1.30 | 7.96 | -- | -- | -- | -- |
| Rank within category | 14 | 10 | 9 | 15 | 20 | 12 | 6 | -- | -- | -- | -- |
| Number of funds in category | 31 | 34 | 34 | 33 | 33 | 32 | 30 | 19 | 17 | 15 | 10 |
As on 11-Aug-2022
| Fund name | Rating | Launch Date | 1-Year Return | 3-Year Return | 5-Year Return | Expense Ratio | Assets (Cr) |
|---|---|---|---|---|---|---|---|
| Axis Nifty Bank ETF | Nov-20 | 9.24 | -- | -- | 0.16 | 44 | |
| SBI Banking & Financial Services Fund - Regular Plan | Invest Online |  |
Feb-15 | 4.81 | 12.66 | 11.84 | 1.94 | 3,553 |
| Sundaram Financial Services Opportunities Fund - Regular Plan |  |
Jun-08 | 6.37 | 13.30 | 10.21 | 2.71 | 568 |
| Invesco India Financial Services Fund | Invest Online | |
Jul-08 | 1.44 | 11.50 | 9.35 | 2.55 | 444 |
| Nippon India ETF Nifty Bank BeES | Invest Online | May-04 | 9.24 | 10.67 | 10.08 | 0.19 | 9,645 |
| Best Performance | Worst Performance | |||
|---|---|---|---|---|
| Return (%) | Period | Return (%) | Period | |
| Week | 16.64 | 29-Jan-2021 - 05-Feb-2021 | -9.21 | 28-Feb-2022 - 07-Mar-2022 |
| Month | 17.14 | 25-Jan-2021 - 25-Feb-2021 | -15.27 | 04-Feb-2022 - 07-Mar-2022 |
| Quarter | 31.00 | 13-Nov-2020 - 15-Feb-2021 | -13.79 | 10-Feb-2022 - 12-May-2022 |
| Year | 43.71 | 09-Nov-2020 - 09-Nov-2021 | -6.27 | 16-Jun-2021 - 16-Jun-2022 |
| Mean | Std Dev | Sharpe | Sortino | Beta | Alpha | |
|---|---|---|---|---|---|---|
| Axis NIFTY Bank ETF-G | -- | -- | -- | -- | -- | -- |
| S&P BSE Bankex TRI* | 15.39 | 33.19 | 0.36 | 0.44 | -- | -- |
| Equity: Sectoral-Banking* | 14.09 | 33.17 | 0.33 | 0.40 | 0.96 | -0.82 |
| Rank within category | -- | -- | -- | -- | -- | -- |
| Number of funds in category | -- | -- | -- | -- | -- | -- |
The Risk Measures have been calculated using calendar month returns for the last three years.
As on
* As on 31-Jul-2022
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| Number of Stocks | 12 |
| Top 10 Stocks (%) | 98.14 |
| Top 5 Stocks (%) | 84.63 |
| Top 3 Sectors (%) | 99.94 |
| Portfolio P/B Ratio | 2.13 |
| Portfolio P/E Ratio | 17.46 |
| Fund | Category | |
|---|---|---|
| Average Mkt Cap (Rs Cr) | 3,55,630 | 2,61,530 |
| Giant (%) | 84.68 | 72.14 |
| Large (%) | 7.75 | 12.25 |
| Mid (%) | 7.56 | 13.21 |
| Small (%) | -- | 4.78 |
| Tiny (%) | -- | -- |
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| Company | Sector | P/E | 3Y High | 3Y Low | % Assets | |
|---|---|---|---|---|---|---|
|
HDFC Bank | Financial | 20.69 | 30.12 | 26.06 | 26.21 |
|
ICICI Bank | Financial | 21.57 | 23.71 | 18.63 | 23.71 |
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State Bank of India | Financial | 13.39 | 13.96 | 10.40 | 11.86 |
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Axis Bank | Financial | 14.39 | 16.58 | 10.64 | 11.77 |
|
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Kotak Mahindra Bank | Financial | 27.99 | 15.94 | 11.08 | 11.08 |
|
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Indusind Bank | Financial | 15.44 | 6.00 | 4.42 | 5.89 |
|
AU Small Finance Bank | Financial | 35.11 | 2.75 | 0.00 | 2.25 |
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The Federal Bank | Financial | 10.40 | 1.94 | 1.30 | 1.87 |
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Bank of Baroda | Financial | 7.40 | 1.86 | 0.00 | 1.86 |
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Bandhan Bank | Financial | 68.30 | 2.75 | 1.42 | 1.64 |
|
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IDFC First Bank | Financial | 22.67 | 1.39 | 0.78 | 1.00 |
|
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Punjab National Bank | Financial | 12.38 | 1.18 | 0.43 | 0.80 |
Indicates an increase or decrease or no change in holding since last portfolio
Indicates a new holding since last portfolio
As on 31-Jul-2022
— Ashish Naik since 04-May-2022
Education: Mr. Naik is a B.E from Mumbai University and MBA from XLRI, Jamshedpur.
Experience: Prior to joining Axis Mutual Fund he was associated with organizations such as Goldman Sachs and has over 7 years of experience as an Equity Analyst.
Interviews:
Funds Managed:
The scheme seeks to provide returns before expenses that closely correspond to the total returns of the NIFTY Bank Index subject to tracking errors.
| Min. Investment (₹) | 5,000 |
| Min. Addl Investment (₹) | -- |
| Min. SIP Investment (₹) | -- |
| Min. No of Cheques | -- |
| Min. Withdrawal (₹) | -- |
| Min. Balance (₹) | -- |
| Lock-in Period | Not Applicable |
| Exit Load | 0 |
| Fund House: | Axis Mutual Fund |
| Launch Date: | 05-Nov-2020 |
| Return Since Launch: | 22.53% |
| Benchmark: | NIFTY Bank TRI |
| Riskometer: | Very High |
| Type: | Open-ended |
| Assets: | ₹ 44 Cr (As on 31-Jul-2022) |
| Expense Ratio: | 0.16% (As on 30-Jun-2022) |
| Risk Grade: | -- |
| Return Grade: | -- |
| Turnover: | -- |
Fund News - 17-Dec-2020
AMC: Axis Asset Management Company Ltd.
Address: "Axis House" - 1st Floor, C-2 - Wadia International Centre, Pandurang Budhkar Marg , Worli, Mumbai - 400025
Phone: 022-24255161
Fax: 022-43255199
Website: http://www.axismf.com
Registrar & Transfer Agent: KFin Technologies Ltd.
Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad - 500016
Phone: 040-44857874
Email: [email protected]
Website: www.karvymfs.com
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