The current market price of Axis Banking ETF is ₹569.48. ETF prices fluctuate during market hours based on demand, supply, and movements in the underlying index or assets.

Axis Banking ETF from Axis Asset Management Company Limited targets returns corresponding to Nifty Bank TRI, operating as a Passive Equity scheme with an objective to closely track the benchmark’s total returns. Employing a Passive replication style the fund seeks tight index replication against Nifty Bank TRI, evidenced by a tracking error of 0.0% and a cost-efficient expense ratio of 0.2%. The portfolio is concentrated in Financial Services (100.0%) with top-ten bank holdings dominated by HDFC Bank (22.0%), ICICI Bank (18.2%) and four other banks cumulatively around 69.5% concentration. Performance shows 1Y:+2.4%, 3Y CAGR:+10.2%, 5Y CAGR:+12.7%, while minimal tracking error (0.0%) supports tight replication; managed by Mr. Karthik Kumar since Aug 2023, AUM ₹417.1 Cr, average ₹416.6 Cr, expense ratio 0.2%.

Axis Banking ETF is designed to track Nifty Bank TRI, allowing investors to gain exposure to its underlying securities through a single investment.

The expense ratio of Axis Banking ETF is 0.20%. This represents the annual fee charged by the fund house for managing the ETF and is deducted from the fund’s assets.

The Assets Under Management (AUM) of Axis Banking ETF is approximately ₹417.08. AUM reflects the total market value of assets managed by the ETF and is often used as an indicator of fund size and liquidity.

Axis Banking ETF is classified under the Very High risk category. The risk level depends on the volatility of the underlying index, market conditions, and asset composition of the ETF.

The tracking error of Axis Banking ETF is 0.03%. Tracking error measures how closely the ETF’s performance matches its benchmark index over time.

Axis Banking ETF has a dividend yield of 0.98%. Dividend treatment depends on the ETF structure and fund house policy.

Based on available data, Axis Banking ETF has delivered the following returns: 1-year return: 0.76%. 3-year return: 31.23%. 5-year return: 73.12%. Past performance does not guarantee future results.

Before investing in Axis Banking ETF, investors generally consider the underlying index, expense ratio, tracking error, risk profile, liquidity, and how the ETF fits within their overall portfolio strategy.