FAQ : Axis NIFTY Healthcare ETF

Axis NIFTY Healthcare ETF has delivered CAGR and average rolling returns as follows :

1 Year 3 Year 5 Year 9 Year
CAGR(%) 53.37 17.02 N/A N/A
Average Rolling Returns(%) 19.26 16.78 N/A N/A

The Current NAV of Axis NIFTY Healthcare ETF is ₹147.23.

It is better to invest in a fund with a longer track record as Axis NIFTY Healthcare ETF cannot be assessed for consistency of out-performance. Funds returns are more likely to be different than its benchmark NIFTY 50 returns, as Funds portfolio is significantly different.

Axis NIFTY Healthcare ETF fund’s expense ratio is 0.34%

The process for redemption is

  • Give a request for redemption of the number of units or the amount you want. The request will be acknowledged.
  • You will get information about the redemption and the NAV at which redeemed.
  • The amount will be deposited in the designated bank account.

The AUM of Axis NIFTY Healthcare ETF is currently ₹20 Crores.

The Top three stocks are Sun Pharma Inds., Cipla and Dr. Reddys Lab and account for 41% of its portfolio. Top 5 and 10 stocks of fund account for 56% and 81% of fund’s portfolio respectively.

Top three sectors of Axis NIFTY Healthcare ETF fund are Healthcare, Miscellaneous and accounting for 100% of the total portfolio.

Funds Portfolio Quality is Very Good. It has a large proportion of Green Stocks.Since this is a ETFs - Index it is comparatively safer to invest in this fund. However, since it has not consistently outperformed its benchmark index on an average 3-year rolling returns basis it is not the most suitable fund for SIP.

The category of Axis NIFTY Healthcare ETF Fund is ETFs - Index.

Shreyash Devalkar and Karthik Kumar manage the Axis NIFTY Healthcare ETF Fund.

Axis NIFTY Healthcare ETF current PE ratio is 51.44 and PB ratio is 7.53

The asset allocation of Axis NIFTY Healthcare ETF is Stocks : 99.92%, Debt : 0.09% and Gold : 0%

The minimum SIP amount for Axis NIFTY Healthcare ETF is N/A and minimum lumpsum is ₹5000.00

The exit load for Axis NIFTY Healthcare ETF is N/A

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