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.
Entry Load, Exit Load & Tax
Tax implication
Minimum Investment
Underlying Index Details
This product is suitable for investors who are seeking*
Long term wealth creation solution
An index fund that seeks to track returns by investing in a basket of Nifty IT TRI stocks and aims to achieve returns of the stated index, subject to tracking error.
*Investors should consult their financial advisers if in doubt about whether the product is suitable for them
Performance of AXIS NIFTY IT INDEX FUND - Direct Growth as of February 28, 2026
Nifty IT TRI
Current Value of Rs.10,000 Invested
Annualised(%)
Nifty IT TRI Benchmark(%)
Nifty 50 TRI Additional Benchmark(%)
Annualised(₹)
Nifty IT TRI Benchmark(₹)
Nifty 50 TRI Additional Benchmark(₹)
Since Inception 2023-07-14
2.60%
1.75%
11.33%
10,697
10,466
13,258
5 Years
-
-
-
-
-
-
3 Years
-
-
-
-
-
-
1 Year
-16.36%
-16.10%
15.12%
8,368
8,394
11,507
Fund Quants
CAGR (SI)
2.60%
Benchmark Returns (SI)
1.75%
NAV
10.15As on Mar 16, 2026
Risk
Very High
AUM (In Cr.)
₹ 118.59As on Feb 28, 2026(in Cr.)
Expense Ratio
0.32%As on Mar 16, 2026
Worth of investments (SI) ₹10,000 Monthly SIP grown to
₹ 2,80,041.16
Tracking Difference
Fund Names
1 Year
3 Year
5 Year
10 Year
Since Inception
Axis NIFTY IT Index Fund
-0.25
N/A
N/A
N/A
0.81
Tracking Error
The tracking error of Axis NIFTY IT Index Fund as of March 16, 2026 is 0.08
Disclaimer : Tracking Error and Tracking Difference data powered by ICRA Analytics (Disclaimer - http://www.icraanalytics.com/legal/standard-disclaimer.html)
Updated as on: As of February 28, 2026
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Portfolio
Asset Cap Mix
Equity99.76%
Debt/Cash0.24%
Portfolio Summary
No. of stocks
10
Top 10 Stocks (%)
99.78%
Top 5 Stocks (%)
79.35%
Top 3 Stocks (%)
62.59%
Market Cap
Small Cap0%
Mid Cap15.61%
Large Cap84.17%
Top 1 Sectors
Information Technology99.78%
Holdings
Stocks
% of holdings
Infosys Limited
28.86
Tata Consultancy Services Limited
21.85
HCL Technologies Limited
11.88
Tech Mahindra Limited
10.06
Wipro Limited
6.7
Persistent Systems Limited
6.02
LTIMindtree Limited
4.82
Coforge Limited
4.64
Mphasis Limited
3.04
Oracle Financial Services Software Limited
1.91
Updated as on: February 28, 2026
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Frequently asked questions
How is Axis Nifty IT Index Fund different from actively managed IT funds?
Unlike active funds where managers select stocks aiming to outperform, this is a passive index fund that mirrors the Nifty IT Index. This leads to lower costs, higher transparency, and returns that closely match the sector’s overall performance without the uncertainty of stock picking.
Which sectors does this Axis Nifty IT Index Fund invest in?
This fund invests almost entirely in the Information Technology sector, including IT services, software, consulting, and business process companies. This concentrated focus means you gain from the entire IT industry’s growth trends and innovations.
Who are the top companies in Axis Nifty IT Index Fund?
By investing in this fund, you get exposure to India’s IT giants, such as: Infosys Ltd, Tata Consultancy Services (TCS), HCL Technologies, Tech Mahindra, Wipro Ltd and more*. These companies are leading exporters and innovators in India's IT sector, driving strong global demand.
What is the minimum investment amount for Axis Nifty IT Index Fund?
You can start investing with as little as ₹100, either through a lump sum payment or a Systematic Investment Plan (SIP), making it accessible for beginners and seasoned investors alike.
What is the expense ratio of Axis Nifty IT Index Fund Direct Growth Plan?
The Axis Nifty IT Index Fund has a low expense ratio of just 0.32% (direct growth plan, as of 30 September 2025)#. Lower expenses mean more of your invested money stays in the market working towards your wealth creation rather than paying for management fees.
What tax rules apply to investments in Axis Nifty IT Index fund?
• Long-Term Capital Gains (LTCG): Gains after 1 year are taxed at 12.5% on profits exceeding ₹1.25 lakh per year1• Short-Term Capital Gains (STCG): Gains within 1 year are taxed at 20%.Holding your investment for over a year can reduce your tax liability
What is the Axis Nifty IT Index Fund?
The Axis Nifty IT Index Fund is a passive mutual fund that invests in the top 10 Indian IT companies that make up the Nifty IT Index. Its goal is to closely replicate the index’s performance, providing you sector-focused exposure to India’s leading IT businesses without the need to pick individual stocks.
What is the Nifty IT Index and why is it important for investors?
The Nifty IT Index tracks the top 10 largest and most liquid companies in India’s Information Technology sector, listed on the National Stock Exchange. This index represents key players in IT services, consulting, software, and technology exports. Investing here lets you participate directly in India’s fast-growing IT industry, which is a major contributor to the economy and exports.
How does the Axis Nifty IT Index Fund help diversify your portfolio?
This fund provides exclusive exposure to the IT sector, which is a tech-driven growth engine in India’s economy. As a sectoral fund, it acts as a complement to a broader portfolio by adding focused exposure to IT services and technology companies, helping diversify your investments beyond general equity funds.
How can you invest in Axis Nifty IT Index Fund?
You can easily invest via:• Axis Mutual Fund’s official website or mobile app• Banks and financial platforms (such as Groww, Zerodha, Angel One)• Authorized distributorsYou may choose either a lump sum or SIP investment method according to your preference.
Can you set up SWP (Systematic Withdrawal Plan) or STP (Systematic Transfer Plan) with Axis Nifty IT Index Fund?
Yes! You can set up an SWP for regular cash withdrawals or STP to transfer funds systematically between Axis Mutual Fund schemes, offering flexibility and better control over your investments.Past performance may or may not sustain in future.*Note: Sector(s)/ Stock(s) mentioned above are for the purpose of disclosure of the portfolio of the Scheme(s) and should not be construed as recommendation.1For individual nature of tax implications, investors are requested to consult their tax advisors before investing.#Total Expense Ratio (TER) is of Axis Nifty IT Index Fund Direct Growth Plan as of 30 September 2025. The TER of the Scheme is subject to change at the discretion of AMC within the limits specified in Scheme Information Document. Investors are requested to visit Axis Mutual Fund website to view the current TER of the Scheme at the time of investments (https://www.axismf.com/total-expense-ratio).For NSE disclaimer, refer SID.Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
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Statutory Details: Axis Mutual Fund has been established as a Trust under the Indian Trusts Act, 1882, sponsored by Axis Bank Ltd. (liability restricted to Rs.1 lakh).Trustee: Axis Mutual Fund Trustee Ltd. Investment Manager: Axis Asset Management Co. Ltd. (the AMC).Risk Factors: Axis Bank Ltd. is not liable or responsible for any loss or shortfall resulting from the operation of the scheme. Past performance may or may not be sustained in future. Please consult your financial advisor before investing.