Scheme

Axis Nifty India Defence Index Fund

Holds 22 companies worth ₹364 Cr in Sept 2026.

Fund house
AxisThe fund house that runs this scheme.
AUM
₹362 CrAxis Nifty India Defence Index Fund's AUM at the end of 30 Sept 2026, as AMFI reports it. Up 4.5% on Aug 2026, ₹347 Cr.
Largest holding
Bharat ElectronicsBharat Electronics is 20.0% of this scheme's NAV.
Fund manager
Nandik MalikRuns its co-manager part since 29 Apr 2026, as the fund house dates it. With Rohit Gautam (co-manager).

Overview^{(6 Oct 2026)}

Fund managers2

Nandik MalikCo-manager · Apr 2026 · 20y · PGDM B.Tech
Rohit GautamCo-manager · Apr 2026 · 18y · PGDM B.Tech

Key facts

Benchmark: Nifty India Defence TRI
Risk: Very High
Expense: Regular 1.46% · Direct 0.65%
Exit load: 0.25% within 15 days
Started: 29 Apr 2026
Minimum: ₹100

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

What changed^{(2 changes)}

Oct 2026

1 change

Expense ratio
5 OctRegular 1.5% → 1.46%Direct 0.69% → 0.65%

Sept 2026

1 change

Expense ratio
10 SeptRegular 1.29% → 1.5%Direct 0.49% → 0.69%

Source.Its filings at NSE, since May 2026.

Fund managers over time^{(Apr 2026 – now)}

MainCoSlice

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^{(May 2026 – Oct 2026)}

Every change to the expense ratio, newest first.
3 changes	Regular	Direct	Δ pt
5 Oct 2026	1.46%	0.65%	0.04
10 Sept 2026	1.50%	0.69%	0.20
17 May 2026	1.29%	0.49%	–

Direct plan, 5 Oct 2026

0.65%

Regular plan 1.46% · Exit load 0.25% within 15 days

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 correspond to the performance of Nifty India Defence TRI subject to tracking error. There is no assurance 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 Defence Index
Benchmark: Nifty India Defence TRI

Asset allocation it may hold% of NAV

Securities covered under Nifty India Defence Index
Allowed95–100%
mutual fund schemes
Allowed0–5%

Holds in Sept 2026.99.1% equity · 0.9% debt and cash

How to invest^{(6 Oct 2026)}

Buying

To start: ₹100, then in multiples of ₹1
To add: ₹100, then in multiples of ₹1
Systematic: SIP - Daily / Weekly / Monthly / Yearly. STP - Daily/Weekly/Fortnightly/Monthly/Quarterly SWP-Weekly, Monthly , Quarterly , Half Yearly and Yearly.
Dates: SIP - 1st to 28th or last date of the Month STP - Daily- Monday To Friday / Weekly- Monday To Friday / Fortnightly- Alternate Wednesday / Monthly- 1st, 7th, 10th, 15th or 25th and Quarterly 1st, 7th, 10th, 15th or 25th SWP - Weekly - Any Business Day / Monthly , Quarterly , Half Yearly and Yearly -1/5/10/15/25
Minimum: SIP - Daily-100/- / Weekly-100/-/Monthly-100/- / Yearly-12000/- STP - Daily- 1000 / Weekly-1000/ Fortnightly-1000/ Monthly-1000/ Quarterly-3000/- SWP - Weekly, Monthly , Quarterly , Half Yearly and Yearly -1000/-., then in multiples of ₹1
Instalments: SIP -Daily-6 / Weekly-6 / Monthly-6 / Yearly-3 STP -Daily-6/Weekly-6/Fortnightly-6/Monthly-6/Quarterly-2. SWP -- Weekly-5/ Monthly-6/ Quarterly-4/Half Yearly-4 and Yearly-2

Selling and switching

Scheme details^{(6 Oct 2026)}

What it is

Category: Index Fund
Offer: 10 Apr 2026 to 24 Apr 2026
Started: 29 Apr 2026
Reopened: 4 May 2026
Plans: Direct Growth · Regular Growth
Face value: ₹10
Listed: Listed

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/EIN/26/03/0108