Axis Nifty Capital Markets Index Fund
- NAV as on 25 Sep 2026
- ₹9.38-0.73%1 day
- Return since launch
- -7.0%
- 52-week range
- ₹9.23 — ₹10.12
- AUM
- ₹125 Cr
Axis Nifty Capital Markets Index Fund is a Thematic equity fund from Axis Mutual Fund with ₹125 Cr under management, launched in 2026. The expense ratio is 1.91% and the SEBI riskometer reading is Very High.
Performance
Axis Nifty Capital Markets Index Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned -7.0% against -0.5% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
Since launch (4 May 2026): -7.0%
Returns over one year are annualised. Shorter periods are absolute.
Costs & terms
Costs and terms
What the fund charges each year, and the rules around putting money in and taking it out.
Costs
1.71%
Expense ratio as on 24 Sep 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 0.90%
- Brokerage
- 0.13%
- Transaction charges
- 0.00%
- Statutory levies
- 0.68%
- Exit load
- Exit load of 0.25%, if redeemed within 15 Days.
- Lock-in
- None
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- Nifty Capital Markets TRI
- Short-term capital gains
- Returns taxed at 20% if you redeem before 1 year
- Long-term capital gains
- After 1 year, returns above ₹1.25 lakh in a financial year are taxed at 12.5%
Risk
Risk
What the riskometer means for this fund, and how its ratios sit against the category.
Your principal is treated as being at very high risk — typically small cap, sectoral and thematic equity schemes.
Portfolio
Axis Nifty Capital Markets Index Fund portfolio
Portfolio as of 31 Aug 2026
Asset allocation
- Equity100.0%
- Debt0.5%
Market cap split
- Large35.7%
- Mid35.0%
- Small29.3%
- P/E
- 40.01
- P/B
- 9.22
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Multi Commodity Exchange Of India Ltd. | Services | 19.65% | ₹24.56 Cr | +16.83% | — | — |
| BSE Ltd. | Services | 16.81% | ₹21.01 Cr | +23.51% | — | — |
| HDFC Asset Management Company Ltd. | Financial | 12.09% | ₹15.12 Cr | +12.16% | — | — |
| 360 One Wam Ltd. | Financial | 6.90% | ₹8.62 Cr | +6.41% | — | — |
| Central Depository Services (India) Ltd. | Financial | 5.66% | ₹7.08 Cr | +4.95% | — | — |
| Nippon Life India Asset Management Ltd. | Financial | 4.76% | ₹5.95 Cr | +4.37% | — | — |
| Anand Rathi Wealth Ltd. | Financial | 4.46% | ₹5.57 Cr | +3.28% | — | — |
| Computer Age Management Services Ltd. | Services | 4.26% | ₹5.32 Cr | +4.25% | — | — |
| Angel One Ltd. | Financial | 4.22% | ₹5.28 Cr | +4.88% | — | — |
| Motilal Oswal Financial Services Ltd. | Financial | 3.70% | ₹4.62 Cr | +3.06% | — | — |
| ICICI Prudential Asset Management Company Ltd. | Unclassified | 3.40% | ₹4.24 Cr | +2.76% | — | — |
| Billionbrains Garage Ventures Ltd. | Financial | 3.35% | ₹4.19 Cr | +2.52% | — | — |
| Nuvama Wealth Management Ltd. | Financial | 3.07% | ₹3.84 Cr | +2.67% | — | — |
| KFin Technologies Ltd. | Financial | 2.94% | ₹3.67 Cr | +2.56% | — | — |
| Indian Energy Exchange Ltd. | Services | 2.17% | ₹2.71 Cr | +2.28% | — | — |
| Aditya Birla Sun Life AMC Ltd. | Financial | 1.74% | ₹2.17 Cr | +1.73% | — | — |
| UTI Asset Management Company Ltd. | Financial | 0.83% | ₹1.04 Cr | +0.88% | — | — |
| Others | Others | 0.01% | ₹0.01 Cr | +8.05% | — | — |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Multi Commodity Exchange Of India Ltd. | 16.09% | 19.65% | +3.56% |
| BSE Ltd. | 19.31% | 16.81% | -2.50% |
| Motilal Oswal Financial Services Ltd. | 3.12% | 3.70% | +0.57% |
| HDFC Asset Management Company Ltd. | 12.49% | 12.09% | -0.40% |
| Angel One Ltd. | 4.53% | 4.22% | -0.31% |
| Indian Energy Exchange Ltd. | 2.46% | 2.17% | -0.29% |
| Computer Age Management Services Ltd. | 4.48% | 4.26% | -0.22% |
| Nuvama Wealth Management Ltd. | 3.27% | 3.07% | -0.20% |
| ICICI Prudential Asset Management Company Ltd. | 3.57% | 3.40% | -0.17% |
| Billionbrains Garage Ventures Ltd. | 3.50% | 3.35% | -0.16% |
| Anand Rathi Wealth Ltd. | 4.34% | 4.46% | +0.12% |
| Nippon Life India Asset Management Ltd. | 4.88% | 4.76% | -0.12% |
| Central Depository Services (India) Ltd. | 5.56% | 5.66% | +0.10% |
| Others | 0.54% | 0.47% | -0.06% |
| UTI Asset Management Company Ltd. | 0.89% | 0.83% | -0.06% |
| Aditya Birla Sun Life AMC Ltd. | 1.73% | 1.74% | +0.01% |
| 360 One Wam Ltd. | 6.89% | 6.90% | +0.01% |
| KFin Technologies Ltd. | 2.94% | 2.94% | 0.00% |
Compare
Similar funds
The rest of the category, so this fund’s numbers have something to sit against.
| Fund | AUM | Expense | 1Y | 3Y | 5Y |
|---|---|---|---|---|---|
| Category average | ₹3,954 Cr | 2.14% | 17.1% | 14.2% | 14.2% |
 HDFC Defence Fund | ₹11,478 Cr | 1.79% | 34.5% | 26.7% | — |
 ICICI Prudential Commodities Fund | ₹4,277 Cr | 1.96% | 6.2% | 10.4% | 14.6% |
| ICICI Prudential Exports and Services Fund | ₹1,549 Cr | 2.30% | 1.2% | 6.5% | 12.4% |
 SBI Comma Fund | ₹1,237 Cr | 2.28% | 7.8% | 10.1% | 13.0% |
 Edelweiss Recently Listed IPO Fund | ₹1,230 Cr | 2.36% | 35.9% | 17.3% | 16.6% |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
The schemes seeks to provide returns before expenses that correspond to the performance of Nifty Capital Markets TRI subject to tracking error.
Fund managers
- Nandik MallikMr. Mallik holds B.Tech degree and has also done PGDM (IIM Calcutta) and MS- Finance (London Business School).Prior to joining the Axis MF, he was working with Avendus Capital Public Markets Alternate Strategies LLP, ICICI Prudential Asset Management Company Ltd, Edelweiss AMC, DC India Capital, Credit-Suisse (London), BNP Paribas (London), NM Rothschild (Mumbai) and Fair Isaac (Bangalore).
- Rohit GautamB.Tech. from IIT Bombay, PGDM from IIM AhmedabadPrior to joining the Axis MF, he was associated with IndiaFirst Life Insurance, Shriram AMC, Greater Pacific Capital.
Tools
Return calculator
What ₹10,000 a month in this fund would have grown to over each period, based on its past returns.
No return history published for this fund yet.
Returns for 1 year and longer are annualised (CAGR); 6-month figures are absolute. Past returns are not a forecast.
How this is calculated
Each monthly instalment grows at the fund’s annualised return ÷ 12 per month until the end of the period, the same formula as our SIP calculator.
The amount compounds once a year at the fund’s CAGR for that period, the same formula as our lumpsum calculator.
Questions
Frequently asked questions
The things people ask about this scheme.