Should I invest in Axis Nifty IT Index Fund?

We don't give personal investment advice. Axis Nifty IT Index Fund - Direct Plan - IDCW is suitable for an investor whose:understands what asset class this scheme actually invests in (check the factsheet)matches that asset class's volatility profile to their goal horizonCross-check the numbers above against alternatives before deciding.

Axis

Axis Nifty IT Index Fund - Direct Plan - IDCW

Latest NAV

₹10.2772

As of

17 Jul 2026

745 NAV records on file

NAV history & peer comparison

All NAVs split-adjusted and normalised to 100 at the start of the selected period, so funds with very different absolute NAV scales can be compared on one axis.

Period

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Returns matrix

Fund return alongside the category average and peer rank for every standard window. Returns under one year are absolute; one year and longer are compound annualised (CAGR).

Window	Fund	Category avg	+/− vs avg	Rank	Quartile
1D	+1.86%	+0.08%	+1.77	5 / 296	Q1
1W	+4.55%	-0.25%	+4.80	3 / 296	Q1
2W	+6.70%	+0.03%	+6.67	4 / 296	Q1
1M	+1.61%	+0.66%	+0.95	62 / 296	Q1
3M	-7.51%	+1.92%	-9.43	290 / 296	Q4
6M	-24.75%	+0.72%	-25.48	288 / 289	Q4
YTD	-22.61%	-0.18%	-22.43	286 / 287	Q4
1Y	-19.75%	+1.67%	-21.42	274 / 276	Q4
2Y	-11.99%	+2.29%	-14.28	195 / 196	Q4
3Y	-0.58%	+9.65%	-10.23	147 / 152	Q4
4Y	—	—	—	—	—
5Y	—	—	—	—	—
7Y	—	—	—	—	—
10Y	—	—	—	—	—
Inception	-0.58%	+7.39%	-7.97	265 / 294	Q4

Quartile legend: Q1 top 25% Q2 25-50% Q3 50-75% Q4 bottom 25%

Calendar-year returns

Full-year performance vs category average. Current year is partial (year-to-date).

Year	Fund	Category avg	+/− vs avg	Rank
2026 YTD	-22.61%	-0.15%	-22.46	281 / 282
2025	-10.85%	+5.41%	-16.26	218 / 226
2024	+23.24%	+13.06%	+10.18	29 / 159
2023	—	—	—	—

Rolling returns

Removes start-date bias by averaging CAGR over every overlapping N-year window in the fund's history. Higher average plus tight min/max plus high "% positive" = consistent.

1-Year rolling

+3.99%

25 windows

min -25.4% · max 41.1%

48% positive

Limited basis — fund is young, so this average may be skewed by which 1Y windows happen to be available.

3-Year rolling

-0.58%

1 window

min -0.6% · max -0.6%

0% positive

Limited basis — fund is young, so this average may be skewed by which 3Y windows happen to be available.

5-Year rolling

—

Insufficient history

7-Year rolling

—

Insufficient history

SIP returns — historical "what if"

If you had invested every month in this fund over the chosen period, this is what your investment would be worth today.

Period

Total invested

₹ —

Today's value

₹ —

XIRR

Annualised

Wealth multiplier

Period	Total invested	Today's value	XIRR	Wealth multiplier

XIRR is the annualised internal rate of return on the SIP cash flow — invariant to the monthly amount. "Today's value" and "Total invested" scale linearly with the slider. Past performance does not guarantee future returns. Excludes exit load and taxes.

Risk profile

Risk-adjusted return and volatility, computed from monthly NAV returns over the trailing 3-year and 5-year windows.

Std deviation

25.30%

3-year · annualised

Sharpe ratio

-0.15

vs risk-free 6.5%

Sortino ratio

-0.21

Downside-only deviation

Max drawdown

-42.31%

Dec 2024 → Jul 2026

% positive months

52.8%

Share of monthly returns > 0 over the 3-year window

Sharpe / Sortino use a risk-free rate of 6.5% (1-year T-bill proxy). Higher Sharpe = more return per unit of total risk; higher Sortino = more return per unit of downside risk.

Peers in Index Fund

Scheme	Fund house	NAV	As of
HDFC NIFTY Realty Index Fund - Direct Plan	HDFC	₹10.2951	17 Jul 2026
Nippon India Nifty Auto Index Fund - Direct Plan- IDCW Option	Nippon India	₹11.6102	17 Jul 2026
SBI BSE PSU BANK INDEX FUND- Direct Plan- Income Distribution Cum Capital Withdrawal Option (IDCW)	SBI	₹13.4370	17 Jul 2026
ICICI Prudential Nifty Auto Index Fund - Direct Plan - IDCW	ICICI Prudential	₹21.8670	17 Jul 2026
Bandhan Nifty IT Index Fund - Direct Plan - IDCW	Bandhan	₹9.9540	17 Jul 2026
Aditya Birla Sun Life BSE India Infrastructure Index Fund-Direct IDCW Payout	Aditya Birla Sun Life	₹9.3857	17 Jul 2026
Motilal Oswal Nifty Bank Index Fund - Direct Plan	Motilal Oswal	₹21.7558	17 Jul 2026
Kotak BSE Housing Index Fund - Direct Plan - IDCW Option	Kotak	₹13.4530	17 Jul 2026
DSP Nifty Healthcare Index Fund - Direct - IDCW	DSP	₹11.5819	17 Jul 2026
Axis Nifty Bank Index Fund - Direct Plan - IDCW Option	Axis	₹12.0906	17 Jul 2026

Recent NAVs

Date	NAV
17 Jul 2026	₹10.2772
16 Jul 2026	₹10.0896
15 Jul 2026	₹10.0232
14 Jul 2026	₹10.0795
13 Jul 2026	₹10.1815
10 Jul 2026	₹9.8302
9 Jul 2026	₹9.6421
8 Jul 2026	₹9.6716
7 Jul 2026	₹9.8062
6 Jul 2026	₹9.5745

Frequently asked questions

These answers are generated from this fund's live metrics — NAV, returns, peer rank, drawdown, SIP backtest. Numbers refresh nightly after AMFI's NAV feed lands.

As of 17 Jul 2026, the NAV of Axis Nifty IT Index Fund - Direct Plan - IDCW is ₹10.2772. It's a Index Fund from Axis, run as a Direct plan IDCW (dividend) option. NAVs update once per business day from the AMFI feed.

Axis Nifty IT Index Fund - Direct Plan - IDCW has NAV history starting from 18 Jul 2023, a track record of about 3 years. It's a relatively new scheme. With under 5 years of NAVs, peer comparison is the best yardstick — point-to-point returns can be skewed by entry timing.

Axis Nifty IT Index Fund - Direct Plan - IDCW is managed by Axis. It's classified by AMFI under the 'Index Fund' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, Axis Nifty IT Index Fund - Direct Plan - IDCW has delivered a absolute return of -19.75% — -21.42 pp behind the Index Fund category average of 1.67%. The fund ranks #274 of 276 in its category — the bottom (Q4) quartile.

Over the trailing 3-year window, Axis Nifty IT Index Fund - Direct Plan - IDCW has delivered a CAGR of -0.58% — -10.23 pp behind the Index Fund category average of 9.65%. The fund ranks #147 of 152 in its category — the bottom (Q4) quartile.

Axis Nifty IT Index Fund - Direct Plan - IDCW doesn't have a complete 5-year window yet (we need at least 5 year of NAVs). Check the shorter-window returns above.

₹1 lakh invested in Axis Nifty IT Index Fund - Direct Plan - IDCW exactly 3 years ago would be worth approximately ₹98,258 today — a multiplier of 0.98×, based on the 3-year CAGR of -0.58%. The category average over the same window would have grown ₹1 lakh to ₹131,816.

A ₹10,000 monthly SIP in Axis Nifty IT Index Fund - Direct Plan - IDCW over the last 3 years — total invested ₹360,000 — would be worth ₹304,074 today. That's an XIRR (money-weighted annualised return) of -10.66%.

Axis Nifty IT Index Fund - Direct Plan - IDCW doesn't yet have 10 years of NAVs. Over the longest available window (3-year SIP), ₹10,000/month would have grown to ₹304,074 — XIRR -10.66%.

On a 3-year basis, Axis Nifty IT Index Fund - Direct Plan - IDCW ranks #147 out of 152 funds in the Index Fund category — that places it in the bottom quartile (Q4) — material underperformance. The category average return over the same window is 9.65%; this fund delivered -0.58%.

The worst peak-to-trough decline Axis Nifty IT Index Fund - Direct Plan - IDCW has experienced over the last 3-year window is 42.31% — its NAV fell from a high on 13 Dec 2024 to a low on 01 Jul 2026. Drawdown is a useful gauge of how much short-term pain you'd have endured to capture the long-term return.

Across all 3-year rolling windows, Axis Nifty IT Index Fund - Direct Plan - IDCW averaged -0.58% (best -0.58%, worst -0.58%). 0% of rolling windows ended positive. The 3-year Sharpe ratio is -0.15 — negative risk-adjusted performance.

In calendar year 2025, Axis Nifty IT Index Fund - Direct Plan - IDCW returned -10.85% — lagging the Index Fund category average of 5.41% by 16.26 pp. It ranked #218 of 226 in its category that year.

Axis Nifty IT Index Fund - Direct Plan - IDCW doesn't fit cleanly into the standard Equity/Debt buckets in our taxonomy. Tax treatment depends on actual asset allocation as disclosed by the AMC — check the factsheet or AMFI's classification table.

We don't give personal investment advice. Axis Nifty IT Index Fund - Direct Plan - IDCW is suitable for an investor whose:

understands what asset class this scheme actually invests in (check the factsheet)
matches that asset class's volatility profile to their goal horizon

Cross-check the numbers above against alternatives before deciding.

Educational content only — not investment advice. Tax rules summarised above reflect Budget 2024; consult a qualified adviser before transacting.