Axis Nifty Bank Index Fund
Direct · Growth ₹11.85
18 Aug 2026
NAV
9.8%
Weighted CAGR
?
Weighted Mean CAGR
Gives more importance to longer time periods (10Y, 20Y) than shorter ones (1Y, 3Y). This balances out recent outperformance and gives a more realistic picture of what long-term returns might look like.
Gives more importance to longer time periods (10Y, 20Y) than shorter ones (1Y, 3Y). This balances out recent outperformance and gives a more realistic picture of what long-term returns might look like.
0.44
Sharpe
-18.3%
Max Drawdown
?
Max Drawdown
The largest peak-to-trough decline in the fund's NAV. Shows the worst-case loss an investor would have experienced at any point in the fund's history.
The largest peak-to-trough decline in the fund's NAV. Shows the worst-case loss an investor would have experienced at any point in the fund's history.
0.24%
TER
If you invested ₹1,00,000 every month via SIP, here's how this fund has historically performed across different time horizons.
| Duration | Invested | Median Value | XIRR | Min XIRR | Max XIRR |
|---|---|---|---|---|---|
| 1 Year | ₹12.00 L | ₹12.79 L | 10.4% | -22.8% | 25.3% |
SIP returns vs benchmark & category
Annualised SIP return (XIRR) over each rolling horizon — like-for-like, not lump-sum.
| Duration | Fund SIP XIRR | NIFTY 50 | Category avg | Fund edge |
|---|---|---|---|---|
| 1 Year | 10.4% | 14.4% | 9.4% | -4.0% |
| Duration | Mean | Median | Min | Max | Sharpe | Sortino | % Positive | Cat. Mean | Cat. Median |
|---|---|---|---|---|---|---|---|---|---|
| 1 Year | 9.8% | 9.7% | -3.9% | 26.6% | 0.44 | 1.06 | 91% | — | — |
-18.3%
Max Drawdown
1 mo
Drawdown Duration
Not recovered
Recovery Time
-4.5%
Avg Drawdown
Calmar Ratio by Duration
0.54
1Y
Compared against NIFTY 50
| Duration | Alpha | Beta | Upside Capture | Downside Capture | Fund CAGR | Bench CAGR |
|---|---|---|---|---|---|---|
| 1 Year | +7.57 | 1.16 | 113.0% | 104.5% | 3.1% | -2.9% |
| 3 Years | +3.89 | 1.07 | 106.0% | 98.7% | 6.0% | 2.4% |
| 5 Years | +2.47 | 1.07 | 106.0% | 98.7% | 3.6% | 1.4% |
| 7 Years | +1.88 | 1.07 | 106.0% | 98.7% | 2.5% | 1.0% |
| 10 Years | +1.44 | 1.07 | 106.0% | 98.7% | 1.8% | 0.7% |
| 12 Years | +1.27 | 1.07 | 106.0% | 98.7% | 1.5% | 0.6% |
| 15 Years | +1.11 | 1.07 | 106.0% | 98.7% | 1.2% | 0.5% |
14
Total Holdings
86.0%
Top 10 Weight
1
Sectors
| # | Stock | % of NAV |
|---|---|---|
| 1 | HDFC Bank Limited | 17.90% |
| 2 | ICICI Bank Limited | 13.61% |
| 3 | Axis Bank Limited | 10.27% |
| 4 | Kotak Mahindra Bank Limited | 9.79% |
| 5 | State Bank of India | 9.06% |
| 6 | The Federal Bank Limited | 6.37% |
| 7 | IndusInd Bank Limited | 5.40% |
| 8 | AU Small Finance Bank Limited | 4.86% |
| 9 | Bank of Baroda | 4.46% |
| 10 | IDFC First Bank Limited | 4.26% |