The Nifty IT Index is a sectoral index on the National Stock Exchange (NSE) of India that tracks the performance of the Information Technology (IT) sector. It includes major IT companies listed on the NSE, providing a snapshot of the sector's performance and reflecting the trends and movements within the Indian IT industry.

The Axis Nifty IT Index Fund is a mutual fund that aims to replicate the performance of the Nifty IT Index. It invests in the same IT stocks that constitute the Nifty IT Index, providing investors with exposure to the performance of the Indian IT sector.

The Axis Nifty IT Index Fund is suitable for investors who are interested in exposure to the Indian IT sector. Also, for those who believe in the growth potential of IT companies and want to invest in a sector-specific fund rather than a broad market index.

A person can opt for a lump sum which starts from ₹100 and in multiples of Re. 1/- thereafter. The minimum monthly SIP investment is ₹100 and in multiple of Re. 1/-.

The Axis Nifty IT Index Fund can fit into an investment portfolio as a sector-specific investment focused on the IT industry. It offers exposure to a specific sector, allowing investors to capitalise on the growth potential within the IT space. This fund can complement a diversified equity portfolio by adding sectoral exposure, but it also comes with the risk associated with sector-specific investments.

To invest in the Axis Nifty IT Index Fund, you can use various methods including the Axis Mutual Fund website, online mutual fund platforms, or through financial advisors. Investments can be made via lump sum or through a systematic investment plan (SIP), based on your investment preferences and goals.

Investing in the Axis Nifty IT Index Fund involves sector-specific risks, primarily associated with the IT industry. These include market risk due to fluctuations in the technology sector, regulatory changes affecting IT companies, and economic conditions impacting the sector. Additionally, the fund is subject to tracking errors, and adverse developments in the sector.

This document represents the views of Axis Asset Management Co. Ltd. and must not be taken as the basis for an investment decision. Neither Axis Mutual Fund, Axis Mutual Fund Trustee Limited nor Axis Asset Management Company Limited, its Directors or associates shall be liable for any damages including lost revenue or lost profits that may arise from the use of the information contained herein. No representation or warranty is made as to the accuracy, completeness or fairness of the information and opinions contained herein.  The AMC reserves the right to make modifications and alterations to this statement as may be required from time to time. 

Axis Bank Ltd. is not liable or responsible for any loss or shortfall resulting from the operation of the scheme.

Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.