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Mutual Funds

Axis Nifty India Defence Index Fund

Ax

Axis Nifty India Defence Index Fund

Thematic-Other
Not Rated

NAV (2026-07-14)

10.32

AUM

₹290.15 Cr

Exp. Ratio: 1.91%

RISK LEVEL

Very High

Returns & Performance

1 Year----
3 Year----
5 Year----
Since Launch3.19%--

Fund vs Category Average

Pros & Cons

Pros

No lock-in period

Cons

1Y returns trail category average
3Y returns below category average
Higher expense ratio (1.91%)
ISININF846KA1515
NAV₹10.32
NAV Date2026-07-14
AUM₹290.15 Cr
Expense Ratio1.91%
RiskVery High
RatingNot Rated / 5
Min SIP Amount₹100
Max SIP Amount₹999999999
Min Additional Inv.₹100
SIP AllowedYes
Plan TypeRegular
Plan OptionGrowth
Is NFONo
Exit Load0.25%
Stamp duty on investment0.005% (from July 1st, 2020)
Tax implicationsIf you redeem within one year, your returns will be taxed at 20%. For redemptions after one year, returns exceeding ₹1.25 lakh in a financial year will be taxed at 12.5%.

Nandik Mallik

Mr. Mallik holds B.Tech degree and has also done PGDM (IIM Calcutta) and MS- Finance (London Business School).

Prior to joining the Axis MF, he was working with Avendus Capital Public Markets Alternate Strategies LLP, ICICI Prudential Asset Management Company Ltd, Edelweiss AMC, DC India Capital, Credit-Suisse (London), BNP Paribas (London), NM Rothschild (Mumbai) and Fair Isaac (Bangalore).

Top Holdings

Holdings data not available for this scheme