Axis Nifty Bank ETF-Growth
Equity: Sectoral-Banking & Financial Services - Growth (Open ended)
SEBI Riskometer: Very HighCategory: Equity: Sectoral-Banking & Financial ServicesBenchmark: NIFTY Bank Total Return IndexCheck Portfolio Overlap →
₹582.54+0.20%
21 Sept 2026
Tracking Difference
Annualised return gap between Axis Nifty Bank ETF-Growth and its benchmark index over 1Y, 3Y, 5Y and 10Y periods, compared to the average of all funds tracking the same benchmark.
| Name | 1 Y | 3 Y | 5 Y | 10 Y |
|---|---|---|---|---|
| Fund | -0.33% | -0.25% | -0.24% | - |
| Avg. of funds with same benchmark | -0.33% | -0.25% | -0.24% | - |
Rolling Returns Analysis
Rolling annualized returns of Axis Nifty Bank ETF-Growth across 1Y, 3Y and 5Y windows — average, best, worst returns and percentage of positive return periods.
| Metric | 1 Yr Rolling Returns | 3 Yr Rolling Returns | 5 Yr Rolling Returns | 7 Yr Rolling Returns |
|---|---|---|---|---|
| Analysis period | 17 Nov, 2021 - 21 Sep, 2026 | 23 Nov, 2023 - 21 Sep, 2026 | 26 Nov, 2025 - 21 Sep, 2026 | - |
| Average returns | 12.16% | 12.81% | 11.96% | - |
| Standard deviation | 8.09% | 2.94% | 2.09% | - |
| Best returns | 38.86% 1 year ending on 17 Nov, 2021 | 21.40% 3 years ending on 27 Jun, 2025 | 17.38% 5 years ending on 26 Nov, 2025 | - |
| Worst returns | -6.68% 1 year ending on 20 Jun, 2022 | 7.09% 3 years ending on 01 Jun, 2026 | 8.07% 5 years ending on 23 Mar, 2026 | - |
| Period with positive return | 94.61% | 100.00% | 100.00% | - |
| Period with return > 5% | 79.62% | 100.00% | 100.00% | - |
| Period with return > 10% | 60.23% | 78.95% | 83.17% | - |
| Period with return > 15% | 34.38% | 20.06% | 13.46% | - |
| Beat % Category | 49.96% | 11.58% | 30.29% | - |
| Beat % Benchmark | 42.17% | 31.07% | 23.56% | - |
Trailing Returns
Point-to-point returns of Axis Nifty Bank ETF-Growth vs category average for YTD, 1M, 6M, 1Y, 3Y, 5Y and 10Y periods — with category rank and total funds count.
0%
5%
10%
-4.8%
-2.1%
-4.6%
YTD
-2.3%
-2.3%
-2.2%
1 M
6.2%
6.5%
6.4%
6 M
2.2%
5.1%
2.8%
1 Y
8.8%
11.7%
9.0%
3 Y
9.3%
11.9%
9.6%
5 Y
11.4%
11.7%
10 Y
Fund
Equity: Sectoral-Banking & Financial Services
NIFTY Bank Total Return Index
| Name | YTD | 1 M | 6 M | 1 Y | 3 Y | 5 Y | 10 Y | Since Inception |
|---|---|---|---|---|---|---|---|---|
| Fund | -4.81% | -2.25% | 6.24% | 2.18% | 8.76% | 9.31% | - | 13.68% |
| Equity: Sectoral-Banking & Financial Services | -2.13% | -2.26% | 6.50% | 5.10% | 11.74% | 11.88% | 11.37% | - |
| NIFTY Bank Total Return Index | -4.60% | -2.24% | 6.39% | 2.82% | 9.01% | 9.55% | 11.68% | - |
| Rank in category | 50 | 40 | 45 | 37 | 32 | 19 | - | - |
| Funds in category | 67 | 84 | 72 | 66 | 43 | 28 | 16 | - |
Period Returns
Calendar-year, quarterly and monthly return history of Axis Nifty Bank ETF-Growth. Toggle between bar chart and table view to analyse periodic performance trends.
Historical Performance
Track NAV movement and cumulative returns of Axis Nifty Bank ETF-Growth across 1M, 6M, 1Y, 3Y, 5Y and since-inception periods. Compare SIP and lumpsum growth over time.
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Frequently Asked Questions
What are the 1-year returns of Axis Nifty Bank ETF-Growth?
Axis Nifty Bank ETF-Growth has delivered a 1-year return of 2.18% as of 20 Sep 2026. During the same period, its benchmark NIFTY Bank Total Return Index returned 2.82%. The fund has underperformed its benchmark over this period.
What are the 3-year returns of Axis Nifty Bank ETF-Growth?
Axis Nifty Bank ETF-Growth has delivered a 3-year CAGR of 8.76% as of 20 Sep 2026. Its benchmark NIFTY Bank Total Return Index returned 9.01% CAGR over the same period. CAGR (Compounded Annual Growth Rate) is the right way to evaluate multi-year ETF performance as it smooths out year-to-year volatility.
What are the 5-year returns of Axis Nifty Bank ETF-Growth?
Axis Nifty Bank ETF-Growth has delivered a 5-year CAGR of 9.31% as of 20 Sep 2026. Its benchmark NIFTY Bank Total Return Index returned 9.55% CAGR over the same period. A 5-year track record is considered a more reliable indicator of fund quality than shorter-term performance, as it captures at least one full market cycle.
What are the returns of Axis Nifty Bank ETF-Growth since inception?
Since its launch on 2 Nov 2020, Axis Nifty Bank ETF-Growth has delivered a CAGR of 13.68%. Since-inception returns reflect the fund's full history and give the most complete picture of long-term performance.
How has Axis Nifty Bank ETF-Growth performed vs its category over the long term?
Over the long term, Axis Nifty Bank ETF-Growth has ranked 32 out of 43 funds in the Equity: Sectoral-Banking & Financial Services category on a 3-year basis, and 19 out of 28 funds on a 5-year basis. Category rank is one of several factors to consider alongside risk metrics and rolling return consistency when evaluating a fund.
What is the Sharpe ratio of Axis Nifty Bank ETF-Growth?
The Sharpe ratio of Axis Nifty Bank ETF-Growth is 0.33 (as of 20 Sep 2026). The Sharpe ratio measures how much return the fund generates per unit of risk (volatility) taken. A Sharpe ratio above 1.0 is generally considered good — the higher the ratio, the better the risk-adjusted return.
What is the alpha of Axis Nifty Bank ETF-Growth?
The 3Y alpha of Axis Nifty Bank ETF-Growth is -0.81% (as of 20 Sep 2026). Alpha measures the excess return generated by the fund over and above its benchmark NIFTY Bank Total Return Index, after adjusting for risk. A positive alpha means the fund manager has added value beyond what the market delivered. A negative alpha means the fund has underperformed its benchmark on a risk-adjusted basis.
What is the beta of Axis Nifty Bank ETF-Growth?
The beta of Axis Nifty Bank ETF-Growth is 1.03 (as of 20 Sep 2026). Beta measures how sensitive the fund is to market movements relative to its benchmark NIFTY Bank Total Return Index. A beta of 1 means the fund moves in line with the market. A beta above 1 means it is more volatile than the market; below 1 means it is less volatile. Axis Nifty Bank ETF-Growth's beta of 1.03 indicates it is more aggressive than its benchmark.
What are the rolling returns of Axis Nifty Bank ETF-Growth?
The average 1-year and 3-year rolling returns of Axis Nifty Bank ETF-Growth is 12.16% and 12.81% respectively. Rolling returns show the fund's annualized return across every possible 1-year and 3-year investment window, making them a far more reliable measure of consistency than point-to-point returns, which depend heavily on the start and end date chosen.