Sharpe ratio
-0.24Return earned for the risk taken.
Negative
Negative means the fund has not rewarded investors well for the risk taken recently.
—1Y Absolute Return
-0.55%1D
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Past performance is not an indicator of future returns.
Returns calculator comparison
Compare an illustrative investment outcome across return assumptions.
| Asset | Projected corpus | Total invested | Gain | Annual return |
|---|---|---|---|---|
| Axis Nifty India Defence Index Fund - Direct Plan - GrowthFund since-launch annualised return · 5Y history unavailable | ₹7,12,985 | ₹7,32,612 | ₹-19,627 | -1.16% |
| EPFIllustrative annual assumption | ₹8,95,132 | ₹7,32,612 | ₹1,62,520 | +8.25% |
| Residential propertyIllustrative annual assumption | ₹8,67,662 | ₹7,32,612 | ₹1,35,050 | +7.00% |
| PPFIllustrative annual assumption | ₹8,69,819 | ₹7,32,612 | ₹1,37,207 | +7.10% |
| Bank fixed depositIllustrative annual assumption | ₹8,56,981 | ₹7,32,612 | ₹1,24,369 | +6.50% |
| GoldIllustrative annual assumption | ₹8,67,662 | ₹7,32,612 | ₹1,35,050 | +7.00% |
| Savings accountIllustrative annual assumption | ₹7,86,827 | ₹7,32,612 | ₹54,215 | +3.00% |
Illustration only. Fund results use the available NAV-derived annualised return and can be negative. Reference rows are assumptions, not current quoted rates or guaranteed returns; property excludes transaction costs, taxes, and liquidity constraints. Mutual fund investments are subject to market risk.
Wealth multiple
₹1 became₹0.99
₹1 Lakh since launch₹0.99 Lakh
Fund age0.5 yrs
Fund information
Scheme code154326
ISININF846KA1523
BenchmarkNifty India Defence TRI
CategoryOther Scheme - Index Funds
Expense ratio1.10%
Exit loadExit load of 0.25%, if redeemed within 15 days.
Minimum SIP₹100 SIP
Return comparison
| Period | Fund | Benchmark | Category avg |
|---|---|---|---|
| 1M | -23.93% | — | — |
| 3M | -26.65% | — | — |
| 6M | +1.92% | — | — |
| Since Launch | -1.16% | — | — |
Risk-adjusted performance
Every measure is expanded with a plain-language reading of the latest calculated value.
Sortino ratio
-0.32Return earned while limiting downside risk.
Negative
Negative means downside losses have outweighed the returns.
Standard deviation
21.93%How much the fund’s returns fluctuate over time.
Very high volatility
Expect large price swings and higher risk.
Beta
—How closely the fund moves with the market.
Unavailable
This measure needs sufficient fund and benchmark history to calculate.
Alpha
—Extra return generated above the benchmark.
Unavailable
This measure needs sufficient fund and benchmark history to calculate.
Treynor ratio
—Return earned for each unit of market risk taken.
Unavailable
This measure needs sufficient fund and benchmark history to calculate.
Calmar ratio
-0.08How well the fund rewarded investors relative to its biggest decline.
Negative
The fund has struggled to recover from its drawdowns.
Information ratio
—How consistently the fund outperformed its benchmark.
Unavailable
This measure needs sufficient fund and benchmark history to calculate.
Portfolio allocation
Latest disclosed portfolio mix
Asset allocation
Portfolio101%
Equity100.21%
Debt0.71%
Market cap allocation
Sector allocation
Equity exposure by sector
Top holdings
10 of 21 disclosed positions
| Holding | Sector | Instrument type | Weight |
|---|---|---|---|
| Hindustan Aeronautics Ltd | Industrials | Equity | 19.9708% |
| Bharat Electronics Ltd | Industrials | Equity | 19.8301% |
| Bharat Forge Ltd | Consumer Discretionary | Equity | 14.5015% |
| Solar Industries India Ltd | Materials | Equity | 11.5557% |
| Mazagon Dock Shipbuilders Ltd | Industrials | Equity | 4.8128% |
| MTAR Technologies Ltd | Industrials | Equity | 4.1486% |
| Astra Microwave Products Ltd | Technology | Equity | 3.7827% |
| Data Patterns (India) Ltd | Industrials | Equity | 3.4441% |
| Cochin Shipyard Ltd | Industrials | Equity | 3.2386% |
| Bharat Dynamics Ltd | Industrials | Equity | 3.2002% |
Fund management
RO
Rohit Gautam
Since 2026 · Prior to joining the Axis MF, he was associated with IndiaFirst Life Insurance, Shriram AMC, Greater Pacific Capital.
B.Tech. from IIT Bombay, PGDM from IIM Ahmedabad
NA
Nandik Mallik
Since 2026 · 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).
Mr. Mallik holds B.Tech degree and has also done PGDM (IIM Calcutta) and MS- Finance (London Business School).
Compare similar funds
No comparable category funds are available yet.
Summary
A very high-risk other scheme - index funds fund. Top 10 holdings make up 88% — a handful of stocks can swing returns sharply.
Strengths
- None
Weaknesses
- Top 10 holdings make up 88% — a handful of stocks can swing returns sharply.
Ideal investor
- Needs a 5+ years horizon to ride out its very high risk level.
- Good fit for SIPs — spreading purchases smooths out 21.9% volatility.
Risk drivers
- Top 10 holdings = 88% of the portfolio.
- Industrials makes up 66% — trouble in that sector hits the whole fund.