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AXIS MUTUAL FUND TO LAUNCHAXIS TECHNOLOGY ETF

 Axis Mutual Fund Launching it's Technology Fund

Category Average Returns in Last 6 Months is 26.30%

An Open-Ended Exchange Traded Fund tracking NIFTY IT INDEX.

Issue Open From:-18-Mar-2021

Issue Closing On:-23-Mar-2021


Fund Manager:-Mr.Jinesh Gopani

Mr.Viresh Joshi

Benchmark:-NIFTY IT TRI

Expense Ratio:-Upto 1%

Exit Load:-Nil

Invesment Objective:-The Scheme Seeks to provide returns Before expenses that closely correspond to the Total Return of NIFTY IT INDEX, subject To Tracking Error.

Read The Scheme Information Documents

Risk:-High

Suitable For:-

  • Long Term Wealth Creation
  • Invest In IT Sector Fund


How will The Scheme Allocates Its Assets..

95%-100% Equity Instruments coveted By constituting NIFTY IT INDEX

0-5% In Debt&Money Market Instruments.


Performance Of Existing Schemes:-

1.ICICI PRUDENTIAL IT ETF:-

3 Months:-14.67%

6 Months:-33.47%


2.SBI IT ETF:-

1 Month:-2.91%

3 Month:-15.16%












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