Axis Nifty Energy Index Fund Direct-Growth
Equity: Thematic-Energy - Growth (Open ended) Factsheet
SEBI Riskometer: Very HighCategory: Equity: Thematic-EnergyBenchmark: NIFTY Energy Total Return IndexCheck Portfolio Overlap →
NAV: ₹9.99-0.25%
07 Sept 2026
1 Week returns: -
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1 Month returns: -
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1 Year CAGR: -
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3 Years CAGR: -
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Key Talking Points
Important talking points about the scheme's performance, expense ratio and other factors — grouped by positive, negative, and neutral stance.
Positive
Low tracking error
Tracking error of the Index fund (0.07%) is low
This is a measure of how well an Index fund/ETF has been able to replicate the performance of the benchmark its tracking. As a passive investor, lower tracking error is always better
What is Tracking Error?
Negative
Relatively high expense ratio
Expense ratio of the Index fund (9.38%) is higher than average expense ratio of other Index funds/ETFs (6.06%) tracking NIFTY Energy Total Return Index
This measures the relative expense of the index fund/ETF with respect to average expense ratio all index funds/ETFs tracking the same benchmark. Investors should always prefer schemes with lower expense, everything else remaining the same
What is Expense ratio?
Neutral
Not enough performance data
Since this is a relatively new scheme (less than 3 years), we do not have sufficient data to conduct meaningful performance analysis
Scheme Overview
The scheme seeks to provide returns before expenses that correspond to the performance of Nifty Energy TRI subject to tracking error.
Plan Variants
No variants available.
Fund Managers
Key Scheme Details
Inception
1 Sep 2026
Expense Ratio
9.38%
AUM
-
Lock in
No lock in
Taxation
Equity
Min. Investment
₹100
Min. Addl Investment
-
Min. SIP Investment
₹100
Exit load
Exit load of 0.25%, if redeemed within 15 days.
AMC Overview
Axis Mutual Fund background and AUM insights, category-wise distribution and historical AUM growth.
AMC Details
AMC
Axis Mutual Fund
CEO
Gop Kumar Bhaskaran(Chief Executive Officer)
CIO
R Sivakumar(Chief Investment Officer)
IRO
C P Shivkumar Nair
Trustee
Axis Mutual Fund Trustee Ltd.
Phone
Website
Address
23rd Floor, One Lodha Place,, S. B. Road, Lower Parel., Mumbai
Frequently Asked Questions
What is the current NAV of Axis Nifty Energy Index Fund Direct-Growth?
The current NAV of Axis Nifty Energy Index Fund Direct-Growth is ₹9.99 as of 6 Sep 2026. The NAV of a mutual fund reflects the per-unit market value of the fund's holdings and is updated at the end of every trading day.
What is the AUM of Axis Nifty Energy Index Fund Direct-Growth?
The AUM (Assets Under Management) of Axis Nifty Energy Index Fund Direct-Growth is -. AUM represents the total market value of assets the fund currently manages on behalf of its investors.
What is the expense ratio of Axis Nifty Energy Index Fund Direct-Growth?
The expense ratio of Axis Nifty Energy Index Fund Direct-Growth is 9.38% per annum. This is the annual fee charged by the fund house to manage your investment. A lower expense ratio means more of your returns stay with you — which is one reason direct plans have a lower expense ratio than regular plans.
Who is the fund manager of Axis Nifty Energy Index Fund Direct-Growth?
Axis Nifty Energy Index Fund Direct-Growth is managed by Nandik Mallik, Rohit Gautam. You can check the full list of fund managers in the "Fund Manager" section above.
What is the benchmark of Axis Nifty Energy Index Fund Direct-Growth?
The benchmark of Axis Nifty Energy Index Fund Direct-Growth is NIFTY Energy Total Return Index. This is the index against which the fund's performance is measured. Consistently beating the benchmark over long periods is a key indicator of a fund manager's skill.
When was Axis Nifty Energy Index Fund Direct-Growth launched?
Axis Nifty Energy Index Fund Direct-Growth was launched on 1 Sep 2026. The fund has been in existence for 0 years. A longer track record gives investors more data to evaluate how the fund has performed across different market cycles.
What is the minimum investment in Axis Nifty Energy Index Fund Direct-Growth?
The minimum investment in Axis Nifty Energy Index Fund Direct-Growth is ₹100 for a lump sum and ₹100 per month for a SIP (Systematic Investment Plan). SIPs allow you to invest a fixed amount regularly, making it easier to build wealth over time without needing a large upfront amount.
What is the exit load on Axis Nifty Energy Index Fund Direct-Growth?
Axis Nifty Energy Index Fund Direct-Growth has an exit load — Exit load of 0.25%, if redeemed within 15 days.. Exit load is charged to discourage early withdrawals and protect long-term investors in the fund.
What category does Axis Nifty Energy Index Fund Direct-Growth belong to?
Axis Nifty Energy Index Fund Direct-Growth belongs to the Equity: Thematic-Energy category. You can view other funds in this category.