AXIS NIFTY IT INDEX FUND

(An Open Ended Index Fund tracking the NIFTY IT TRI)
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JULY 2024
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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.

DATE OF ALLOTMENT 14th July 2023
MONTHLY AVERAGE122.86Cr.
AS ON 31st July, 2024128.17Cr.
BENCHMARK NIFTY IT TRI
TRACKING ERROR 0.16%
(As compared to Nifty IT TRI)
FUND MANAGER
Mr. Hitesh Das Work experience: 13 years.He has been managing this fund since 18th July 2023
Mr. Karthik Kumar Work experience: 15 years.He has been managing this fund since 5th April 2024

Past performance may or may not be sustained in future.Different plans have different expense structure. Hitesh Das is managing the scheme since 18th July 2023 and he manages 9 schemes of Axis Mutual Fund & Karthik Kumar is managing the scheme since 5th April 2024 and he manages 18 schemes of Axis Mutual Fund . Please refer to annexure for performance of all schemes managed by the fund manager. Returns greater than 1 year period are compounded annualised (CAGR). Face Value per unit : ₹ 10.


Entry Load : NA
Exit Load : If redeemed or switched out within 7 days from the date of allotment: 0.25%, If redeemed / switched out after 7 days from the date of allotment: Nil



Annualised tracking error is calculated based on daily rolling returns for the last 12 months.
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