Question 1

What is the Expense Ratio of Axis Nifty Bank Index Fund - Direct - Growth?

Accepted Answer

The Expense Ratio of Axis Nifty Bank Index Fund - Direct - Growth is 0.25% as of 01/08/2026. This is the fee charged by the fund house for managing the fund.

Question 2

What is the AUM of Axis Nifty Bank Index Fund - Direct - Growth?

Accepted Answer

The Assets Under Management (AUM) of Axis Nifty Bank Index Fund - Direct - Growth is ₹98.67 Crores as of Quarter ending June 2026.

Question 3

What is the 3-Year CAGR of Axis Nifty Bank Index Fund - Direct - Growth?

Accepted Answer

The 3-Year CAGR data for Axis Nifty Bank Index Fund - Direct - Growth is currently unavailable.

Question 4

Who manages Axis Nifty Bank Index Fund - Direct - Growth?

Accepted Answer

Axis Nifty Bank Index Fund - Direct - Growth is managed by Axis Mutual Fund.

Question 5

Is Axis Nifty Bank Index Fund - Direct - Growth an open-ended or close-ended scheme?

Accepted Answer

Axis Nifty Bank Index Fund - Direct - Growth is an Open-Ended scheme.

Question 6

What is the benchmark for Axis Nifty Bank Index Fund - Direct - Growth?

Accepted Answer

The benchmark for Axis Nifty Bank Index Fund - Direct - Growth is Nifty Bank.

Question 7

How is the Expense Ratio calculated?

Accepted Answer

The Expense Ratio is the annual fee that mutual funds charge their unitholders. It expresses the percentage of assets deducted each fiscal year for fund expenses including 12b-1 fees, management fees, administrative fees, operating costs, and all other asset-based costs incurred by the fund.

Period	Returns	CAGR	Volatility
3M	5.34%	23.12%	14.69%
6M	-0.53%	-1.06%	21.51%
1Y	5.91%	5.91%	17.02%
3Y	N/A	N/A	N/A
5Y	N/A	N/A	N/A

Scheme	3Y CAGR (%)	TER (%)	AUM (Cr)
Axis Nifty Bank Index Fund - Direct - Growth	-	0.25%	₹98.67
ICICI Prudential Nifty Bank Index Fund - Direct - Growth	8.57%	0.23%	₹548.67
DSP Nifty Bank Index Fund - Direct - Growth	-	0.28%	₹37.81
Navi Nifty Bank Index Fund - Direct - Growth	8.57%	0.24%	₹597.46
Nippon India Nifty Bank Index Fund - Direct - Growth	-	0.25%	₹117.95
SBI Nifty Bank Index Fund - Direct - Growth	-	0.36%	₹76.07
Kotak Nifty Financial Services Ex-Bank Index Fund - Direct - Growth	16.14%	0.22%	₹61.76

Axis Nifty Bank Index Fund - Direct - Growth

Frequently Asked Questions