Axis Nifty India Defence Index Fund - Direct Plan - Growth Option
Copies an index like the Nifty 50 or Sensex. Low fees, no active fund manager, returns match the market. From Axis Mutual Fund. It's been running since 6 May 2026.
Vs 95 other funds in Index Funds - Equity Funds
Descriptive rankings within the same category and plan. Not a recommendation — one fund beating another historically does not mean it will continue to do so.
Price over time
How the per-unit price has moved. Tap a range to zoom in.
Bumpiness & worst drops
The value swings roughly 20% up or down in a typical year. Finance-speak calls this volatility.
A lump sum invested at the previous peak would have temporarily lost about this much before recovering. Finance-speak calls this max drawdown.
Similar funds you might want to look at
Same category, same plan, sorted by 3-year return. Not recommendations — just neighbours.
Head-to-head comparisons
Side-by-side comparisons of Axis Nifty India Defence Index Fund - Direct Plan - Growth Option against other index funds.
Technical details (for the pros)
Fund info
- Fund house
- Axis Mutual Fund
- Category
- Index Funds - Equity Funds
- Plan
- Direct
- Option
- Growth
- ISIN (Growth)
- INF846KA1523
- ISIN (Div re-invest)
- —
- Fund code
- 154326
- First price on record
- 6 May 2026 · 87 daily prices
About Axis Nifty India Defence Index Fund - Direct Plan - Growth Option
Axis Nifty India Defence Index Fund - Direct Plan - Growth Option is a Index Funds - Equity Funds offered by Axis Mutual Fund under the Direct plan with the Growth option. It has approximately 1 year of NAV track record. The fund falls in the index category — Copies an index like the Nifty 50 or Sensex. Low fees, no active fund manager, returns match the market.
The current NAV of Axis Nifty India Defence Index Fund - Direct Plan - Growth Option is ₹10.7667 (as of 4 Sep 2026). Returns are historical and don't predict future performance.
Over the last three years, the fund's prices have moved with 19.7% annualised volatility — a "high" level of bumpiness; its deepest peak-to-trough fall on record was 6.5%. Being mentally prepared for drawdowns of this size is what separates long-term investors from reactive traders.
Frequently asked
What is the latest NAV of Axis Nifty India Defence Index Fund - Direct Plan - Growth Option?+
The latest NAV of Axis Nifty India Defence Index Fund - Direct Plan - Growth Option is ₹10.7667 as of 4 Sep 2026, up 0.39% from the previous day. NAV is updated once a business day after the market close.
What category does Axis Nifty India Defence Index Fund - Direct Plan - Growth Option belong to?+
Axis Nifty India Defence Index Fund - Direct Plan - Growth Option is categorised as Index Funds - Equity Funds. Copies an index like the Nifty 50 or Sensex. Low fees, no active fund manager, returns match the market.
How risky is Axis Nifty India Defence Index Fund - Direct Plan - Growth Option?+
Based on its 3-year annualised volatility of 19.7%, Axis Nifty India Defence Index Fund - Direct Plan - Growth Option sits in the "high" risk bucket. Volatility measures how much prices swing — higher means bigger ups and downs along the way.
Is Axis Nifty India Defence Index Fund - Direct Plan - Growth Option a direct plan?+
Axis Nifty India Defence Index Fund - Direct Plan - Growth Option is a Direct plan (no distributor commission — lower expense ratio) with the Growth option (all returns compound within the fund, no interim payouts).
How old is Axis Nifty India Defence Index Fund - Direct Plan - Growth Option?+
Axis Nifty India Defence Index Fund - Direct Plan - Growth Option has NAV history available from 6 May 2026 — approximately 1 year of track record and 87 daily NAV observations.
Numbers are computed from stored daily prices from mfapi.in/AMFI. This is descriptive analytics, not investment advice. Past performance is not indicative of future returns.