The current market price of Axis Nifty IT ETF is ₹301.50. ETF prices fluctuate during market hours based on demand, supply, and movements in the underlying index or assets.

Axis Nifty IT ETF, Axis Asset Management Company Limited, is an open ended Exchange Traded Fund tracking NIFTY IT TRI with a sector-specific objective to mirror NIFTY IT TRI returns. The fund employs full index replication to track Nifty IT TRI, seeking close correspondence subject to tracking error, reporting a low tracking error of 0.1% which indicates tight benchmark alignment. Portfolio is heavily IT-focused at 99.4% allocation, equity 99.4%, with largest weights in Infosys 29.2%, TCS 20.7%, HCL 11.6% and Tech Mahindra 10.4%, with top two combining 49.9% concentration level. Performance shows 1Y: -26.7% and 3Y CAGR: +0.7%, reflecting sharp recent drawdown versus modest multi-year gain, indicating volatile short-term returns compared to restrained longer-term appreciation and demonstrating muted risk-adjusted outcomes. Fund reports AUM ₹194.8 Cr (month end) and monthly average ₹197.5 Cr, expense ratio 0.2%, managed by Mr. Karthik Kumar since Aug 2023, bringing sixteen years' experience and modest fee.

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

The expense ratio of Axis Nifty IT ETF is 0.23%. 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 IT ETF is approximately disclosed by the fund house periodically. 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 IT 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 IT ETF is 0.05%. Tracking error measures how closely the ETF’s performance matches its benchmark index over time.

Axis Nifty IT ETF has a dividend yield of 2.75%. Dividend treatment depends on the ETF structure and fund house policy.

Based on available data, Axis Nifty IT ETF has delivered the following returns: 1-year return: -27.93%. 3-year return: 1.18%. 5-year return: -15.78%. Past performance does not guarantee future results.

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