The current market price of Axis NIFTY Bank ETF is ₹584.85. ETF prices fluctuate during market hours based on demand, supply, and movements in the underlying index or assets.

Axis NIFTY Bank ETF from Axis Asset Management Company Limited is an Equity passive scheme whose objective is to replicate Nifty Bank TRI returns before expenses, a Passive investment style. The fund tracks the Nifty Bank TRI using replication to minimise tracking error, emphasising close index correspondence with reported tracking error 0.0% and a low-cost passive approach and operational simplicity. Holdings concentrate heavily in Financial Services with top positions HDFC Bank 22.0%, ICICI Bank 18.2%, SBI 10.4%, Axis Bank 10.1% and Kotak Mahindra 8.9%, creating notable sector concentration risk exposure. Performance shows 1Y: +4.5%, 3Y CAGR: +9.7% and 5Y CAGR: +10.6%, reflecting steady index-correlated returns, while consistent passive replication supports benchmark alignment and tracking error remains minimal at 0.0% reported. Operationally the ETF reports AUM Jan 2026 ₹417.1 Cr with monthly average ₹416.6 Cr, expense ratio 0.2% and manager Mr. Karthik Kumar managing since Aug 2023 with 16 years' experience.

Axis NIFTY Bank 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 NIFTY Bank 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 NIFTY Bank 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 NIFTY Bank 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 NIFTY Bank ETF is 0.03%. Tracking error measures how closely the ETF’s performance matches its benchmark index over time.

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

Based on available data, Axis NIFTY Bank ETF has delivered the following returns: 1-year return: 2.47%. 3-year return: 28.80%. 5-year return: 54.58%. Past performance does not guarantee future results.

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