Fundalysisby DARKHORSESTOCKS

Scheme

Axis Nifty India Consumption ETF

Holds 30 companies worth ₹12.6 Cr in Sept 2026.

  • Fund house

    AxisThe fund house that runs this scheme.

  • AUM

    ₹12.7 CrAxis Nifty India Consumption ETF's AUM at the end of 30 Sept 2026, as AMFI reports it. Down 6.3% on Aug 2026, ₹13.6 Cr.

  • Largest holding

    Bharti Airtel LimitedBharti Airtel Limited is 10.1% of this scheme's NAV.

  • Fund manager

    Nandik MalikRuns it since 6 Mar 2026, as the fund house dates it. With Rohit Gautam (co-manager).

Overview(6 Oct 2026)

Fund managers2

  1. Nandik MalikFund manager, equity · Mar 2026 · 20y · PGDM B.Tech
  2. Rohit GautamCo-manager, equity · Mar 2026 · 18y · PGDM B.Tech
  1. Karthik KumarAug 2023 – May 2026
  2. Ashish NaikMay 2022 – Dec 2024

Key facts

Benchmark
NIFTY India Consumption TRI Index
Risk
Very High
Expense
Regular 0.47% · Direct 0%
Exit load
N/A
Started
17 Sept 2021
Minimum
50000 (Units)

Source.Its Scheme Summary Document as of 6 Oct 2026 at AMFI.

What changed(7 changes)

Oct 2026

1 change
  1. Expense ratio
    5 OctRegular 0.46% → 0.47%

Sept 2026

1 change
  1. Expense ratio
    10 SeptRegular 2.39% → 0.46%

May 2026

4 changes
  1. Nandik Malik joined
    17 Mayas fund manager (equity)
  2. Rohit Gautam joined
    17 Mayas co-manager (equity)
  3. Karthik Kumar left
    17 Mayran it as fund manager (equity) from Aug 2023
  4. Expense ratio
    17 MayRegular 0.38% → 2.39%

Source.Its filings at NSE, since Aug 2024.

Fund managers over time(May 2022 – now)

  1. Nandik Malik
  2. Rohit Gautam
  3. Karthik Kumar
  4. Ashish Naik
MainCoSlice2023202420252026
Fig. 1.Who ran it when: each manager from the date the fund house gives, or the first document listing them where it gives none, to when they left. A slice is part of it: overseas, gold and silver, or arbitrage.

Costs(Aug 2024 – Oct 2026)

Every change to the expense ratio, newest first.
4 changesRegularDirectΔ pt
5 Oct 20260.47%0.00%0
10 Sept 20260.46%0.00%0
17 May 20262.39%0.00%0
21 Aug 20240.38%0.00%–
Direct plan, 5 Oct 2026
0.00%
Regular plan 0.47% · Exit load N/A
Fig. 1.Total expense ratio a year, each plan's, as its Scheme Summary Documents state it, filing by filing at NSE. A change holds until the next.

Objective and risk(6 Oct 2026)

Objective

To provide returns before expenses that closely correspond to the total returns of the NIFTY India Consumption Index subject to tracking errors. However, there is no assurance or guarantee that the investment objective of the scheme will be achieved.

Risk, type and benchmark

Riskometer
Very High
At launch
Very High
Type
An open ended scheme replicating/ tracking NIFTY India Consumption Index
Benchmark
NIFTY India Consumption TRI Index

Asset allocation it may hold% of NAV

  1. Equity instruments covered by Nifty India Consumption Index
    Allowed95–100%Holds99.9%
  2. Debt & Money Market Instruments
    Allowed0–5%Holds0.1%

Holds in Sept 2026.99.9% equity · 0.1% debt and cash

How to invest(6 Oct 2026)

Buying

To start
50000 (Units)
To add
50000 (Units)

Selling and switching

Scheme details(6 Oct 2026)

What it is

Category
Other ETFs
Offer
30 Aug 2021 to 13 Sept 2021
Started
17 Sept 2021
Reopened
23 Sept 2021
Face value
₹10
Listed
NSE & BSE

How it is run

Swing pricing
No
Side-pocketing
Yes
Custodian
DEUTSCHE BANK AG
Auditor
B S R & Co. LLP
Registrar
Kfintech Ltd
SEBI code
AXIS/O/O/EET/21/01/0050