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Axis Technology ETF Regular Growth

AXISTECETF
ETF

Tracking Nifty IT Index

ETFEquity
Sectoral : Technology
Low LiquidityAverage daily traded value of the ETF is low
285.013.51 (-1.22%)

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Investment Checklist

NAV
The net asset value (NAV) of an ETF is based on the current prices of the stocks/assets in the fund and an actual accounting of the total cash in the fund at the time of calculation. Market price can be different from real time NAV due to late market activity and both tend to converge periodically. A market price close to real time NAV is much better for investment!

Current price is close to the real time NAV

Expense Ratio
ETFs charge their shareholders an expense ratio to cover the fund’s operating expenses, which is expressed as a percentage of the fund’s average net assets. This directly reduces the fund’s returns to its shareholders, and, therefore, the value of the investment. Lower is always better!

Less expense ratio implies better returns over the long term

Tracking Error
Tracking error is the difference between the performance of the ETF and that of the underlying benchmark it's tracking. It's an important metric for investors who want to replicate an index's performance by investing in the ETF. The lower the tracking error, the better is the ETF's performance aligned with the investor's expectations

ETF has not been able to closely match its benchmark returns

Return vs FD Rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If the ETFs price return is lower than this rate, investors are better off investing the amount in a FD

Insufficient Data

Entry Point
High demand for an ETF increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the ETF

Good time to consider, as ETF is not in overbought zone

ETFEquity
Sectoral : Technology
Low LiquidityAverage daily traded value of the ETF is low

Key Metrics

Realtime NAVRealtime NAV
₹ 284.36
AUMAUM
₹ 26.37cr
Expense RatioExpense Ratio
0.22%
Sector Expense RatioSctr Expense Ratio
0.24%
Tracking ErrorTracking Error
0.10%
Sector Tracking ErrorSctr Tracking Error
0.33%

AMC profile

Axis Asset Management Company Ltd. is the mutual fund investment wing of Axis Bank, the 3rd largest private bank in India. 74.99% share of the AMC is held by Axis Bank while the rest 24% is held by Schroder Singapore Holdings Private Limited.

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Recent EventsAll events 

Schedule of Analysts/Institutional Investor Meet/Con. Call TCS
Announced OnJun 30, 2022

Tata Consultancy Services Limited has informed the Exchange about Schedule of Analysts/Institutional Investor Meet/Con. Call | Download

Tata Consultancy Services Limited has informed the Exchange about Schedule of Analysts/Institutional Investor Meet/Con. Call | Download

General updates INFY
Announced OnJun 30, 2022

Please find enclosed the transcript of the 41st Annual General Meeting of the Company held on June 25, 2022. | Download

Please find enclosed the transcript of the 41st Annual General Meeting of the Company held on June 25, 2022. | Download

Cash Dividend LTI
Ex. DateJun 30, 2022

Final • Div/Share: ₹ 30

See all events