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Axis Nifty India Defence Index Fund - Direct Plan - Growth
monitor_heart Health Score: 57/100 · AverageAxis Mutual Fund · Equity · Thematic
₹10.37
AUM: ₹290 Cr
NAV updated 1 day ago
Plan
Direct
Option
Growth
Risk
Very High
Expense Ratio
1.1%
Exit Load
Exit load of 0.25%, if redeemed within 15 days.
Fund Manager
Nandik Mallik
Inception
Apr 2026
Benchmark
Nifty India Defence Total Return Index
Sharpe Ratio
—
Std Dev (1Y)
—
Historical Returns (CAGR)
Annualized trailing returns computed from NAV history — past performance only, not a guarantee of future results.
1m
-2.76%
3m
—
6m
—
1y
—
3y
—
5y
—
10y
—
since inception
-0.14%
rate_review TopFund's Take on Axis Nifty India Defence Index Fund - Direct Plan - Growth
Axis Nifty India Defence Index Fund - Direct Plan - Growth sits in the middle of the pack for Thematic funds. TopFund's composite Health Score, which weighs rating, 3-year CAGR, expense ratio and fund size, puts it at 57/100.
Cost: At 1.1%, the expense ratio is roughly in line with the Thematic category average of 1.13% — cost isn't a standout factor either way for this fund.
Risk-adjusted performance: Risk-adjusted return metrics (Sharpe ratio, standard deviation) require at least a year of NAV history and aren't available yet for this fund.
Who should invest: This fund is best suited to investors whose goals and risk appetite align with a Equity fund. Given the Very High risk rating, this fund is not suited to short-term goals or investors who may need to exit within 2-3 years.
This is an automated, data-driven analysis based on the fund's own metrics and its category peers — not personalized investment advice. Consult a SEBI-registered advisor before investing.
donut_small Sector Allocation
pie_chart Asset Allocation
info Fund Snapshot
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tips_and_updates Tools & Guides for This Fund
Frequently Asked Questions about Axis Nifty India Defence Index Fund - Direct Plan - Growth
The current NAV (Net Asset Value) of Axis Nifty India Defence Index Fund - Direct Plan - Growth is ₹10.37. NAV is updated every business day after market close by AMFI.
Return data is not yet available for this fund.
The expense ratio is 1.1% per annum — the annual fee deducted from your investment to cover fund management costs.
Axis Nifty India Defence Index Fund - Direct Plan - Growth is managed by Nandik Mallik at Axis Mutual Fund.
Axis Nifty India Defence Index Fund - Direct Plan - Growth is a Very High risk fund. Suitable for aggressive investors with a 5+ year horizon.
Axis Nifty India Defence Index Fund - Direct Plan - Growth is a Thematic fund. SIP suitability depends on your investment goal and risk profile.
The Assets Under Management (AUM) of Axis Nifty India Defence Index Fund - Direct Plan - Growth is ₹290 crore as of the latest data.
* Past performance is not indicative of future results. Mutual fund investments are subject to market risks.