Aditya Birla Sun Life Nifty IT ETF vs Axis Nifty IT Index Fund
Direct Plan where a fund has one, Growth option · Data as on 30-10-2026
Aditya Birla Sun Life Nifty IT ETF is an ETF fund and Axis Nifty IT Index Fund is an Index fund. In the 3 years to 30-10-2026, Aditya Birla Sun Life Nifty IT ETF returned 4.2% a year and Axis Nifty IT Index Fund (Direct) returned 3.8% a year. Aditya Birla Sun Life Nifty IT ETF charges 0.25% a year and Axis Nifty IT Index Fund 0.43%. Their portfolios overlap 99.9%: they hold 10 of the same securities.
Aditya Birla Sun Life Nifty IT ETF
ETF
- 3 year return
- 4.2%
- Expense ratio
- 0.25%
- NAV
- ₹35.81
Axis Nifty IT Index Fund
Index
- 3 year return
- 3.8%
- Expense ratio
- 0.43%
- NAV
- ₹11.50
Which is better, Aditya Birla Sun Life Nifty IT ETF or Axis Nifty IT Index? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Aditya Birla Sun Life Nifty IT ETF returned more over 3 years: 4.2% a year against 3.8%.
- Aditya Birla Sun Life Nifty IT ETF returned more over 1 year: −7.0% against −8.0%.
- Aditya Birla Sun Life Nifty IT ETF costs less: 0.25% a year against 0.43%.
- Axis Nifty IT Index swung less over 3 years: a standard deviation of 22.5% a year against 22.5%.
- Aditya Birla Sun Life Nifty IT ETF fell less in its worst fall since 18-07-2023: −41.6% against −42.3%.
- Axis Nifty IT Index is the larger fund: ₹123 Cr against ₹25 Cr.
- Their portfolios overlap 99.9%: 10 of the same holdings.
Past returns do not promise future returns. This page is information, not investment advice.
Key facts
From each fund's scheme summary document and AMFI
| Fact | Aditya Birla Sun Life Nifty IT ETF | Axis Nifty IT Index Fund |
|---|---|---|
| Fund house | Aditya Birla Sun Life Mutual Fund | Axis Mutual Fund |
| Category | ETF | Index |
| AUM | ₹25 Cr (30-09-2026) | ₹123 Cr (30-09-2026) |
| NAV | ₹35.81 | ₹11.50 (Direct) |
| Expense ratio (Direct) | Not available | 0.43% |
| Expense ratio (Regular) | Not available | 1.15% |
| Riskometer | Very High | Very High |
| Benchmark | Nifty IT TRI | Nifty IT TRI |
| Launch date | 29-10-2021 | 14-07-2023 |
| Minimum investment | For Subscription / Redemption of units directly with Mutual Fund: Subscription / Redemption facility directly with the Mutual Fund would be restricted to Authorized Participants and Large Investors. - Units of scheme may be subscribed to / redeemed only i | ₹100 |
| Lock in | None | None |
| Fund managers | Priya Sridhar, Mehul Dama | Nandik Malik, Rohit Gautam |
| Exit load | NIL | Exit load of 0.25%, if redeemed within 7 days. |
Aditya Birla Sun Life Nifty IT ETF vs Axis Nifty IT Index: Returns Comparison
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|---|---|
| Aditya Birla Sun Life Nifty IT ETF | +18.00% | +4.78% | +12.21% | −7.01% | +4.21% | -- | -- |
| Axis Nifty IT Index Fund (Direct) | +18.01% | +4.77% | +11.88% | −7.96% | +3.76% | -- | -- |
Aditya Birla Sun Life Nifty IT ETF vs Axis Nifty IT Index: Year-wise Returns
| Year | Aditya Birla Sun Life Nifty IT ETFAditya Birla Sun Life Nifty IT ETF | Axis Nifty IT IndexAxis Nifty IT Index | Nifty IT TRI |
|---|---|---|---|
| 2026to date | −12.14% | −12.78% | −12.48% |
| 2025 | −10.33% | −10.78% | −10.44% |
| 2024 | +23.83% | +23.86% | +24.42% |
| 2023 | +26.01% | -- | +26.30% |
| 2022 | −24.60% | -- | −24.46% |
Aditya Birla Sun Life Nifty IT ETF vs Axis Nifty IT Index: Rolling Returns
Every holding period of both funds, against Nifty IT TRI, the benchmark of both
Rolling returns
Every 3-year holding period, 71 of them, one for each trading day from 20-07-2026 to 30-10-2026: the yearly return (CAGR) of each, plotted on the day it ended. One lucky or unlucky start day cannot flatter or hide a fund.
Aditya Birla Sun Life Nifty IT ETF
Axis Nifty IT Index Fund (Direct)
Nifty IT TRI
to
Jul 2026Aug 2023
to
Aug 2026Aug 2023
to
Aug 2026Sept 2023
to
Sept 2026Oct 2023
to
Oct 2026Oct 2023
to
Oct 2026
How the periods spread
| Fund | Below 0% | 0-5% | 5-10% | 10-15% | 15-20% | 20-25% | Above 25% | Mean | Median | Lowest | Highest | Beat benchmark |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Aditya Birla Sun Life Nifty IT ETF | 35.2 | 64.8 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.8% | 1.5% | −3.0% | 4.3% | 100% |
| Axis Nifty IT Index | 38.6 | 61.4 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.3% | 1.0% | −3.4% | 3.9% | 0% |
| Nifty IT TRI | 36.6 | 63.4 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.8% | 1.5% | −3.0% | 4.3% | -- |
The table shows the % of periods in each return band; a darker cell holds more of them. Lumpsum: the yearly rate (CAGR) from a period's first NAV to its last. SIP: the XIRR of the monthly instalments. The benchmark is Nifty IT TRI, over the same periods. "Beat benchmark" counts the periods in which the fund did better. Every fund is measured over the days all of them have, from 18-07-2023. Past returns do not promise future returns.
Aditya Birla Sun Life Nifty IT ETF vs Axis Nifty IT Index: SIP and Lumpsum Returns
What the same monthly or one-time investment would be worth in each fund today, from their own NAV history
Growth of an investment
₹10,000 on the first trading day of every month, from 03-07-2023 to 30-10-2026: 40 instalments, ₹4,00,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Aditya Birla Sun Life Nifty IT ETFAditya Birla Sun Life Nifty IT ETF | ₹4,00,000 | ₹3,92,528 | −₹7,472 | −1.1% |
| Axis Nifty IT IndexAxis Nifty IT Index Fund (Direct) | ₹4,00,000 | ₹3,88,019 | −₹11,981 | −1.8% |
Aditya Birla Sun Life Nifty IT ETFAditya Birla Sun Life Nifty IT ETF
Axis Nifty IT IndexAxis Nifty IT Index Fund (Direct)
Amount invested
From each plan's published NAV (Growth option), over the same days. Return a year: XIRR for a SIP, CAGR for a lumpsum, shown for a year or more. It does not include exit load, stamp duty or tax. Past returns do not promise future returns.
Aditya Birla Sun Life Nifty IT ETF vs Axis Nifty IT Index: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Aditya Birla Sun Life Nifty IT ETF | Axis Nifty IT Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | −7.01% | −7.96% |
| Standard deviation | 26.07% | 26.04% |
| Sharpe ratio | -0.47 | -0.51 |
| Sortino ratio | -0.66 | -0.71 |
| Maximum drawdown | −33.7% (01-07-2026) | −34.1% (01-07-2026) |
| Beta | 1.00 | 1.00 |
| Alpha | +0.55% | −0.37% |
From daily NAVs, 30-10-2025 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | Aditya Birla Sun Life Nifty IT ETF | Axis Nifty IT Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | +4.21% | +3.76% |
| Standard deviation | 22.53% | 22.49% |
| Sharpe ratio | -0.08 | -0.10 |
| Sortino ratio | -0.12 | -0.15 |
| Maximum drawdown | −41.6% (01-07-2026) | −42.3% (01-07-2026) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.00% | −0.45% |
From daily NAVs, 30-10-2023 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | Aditya Birla Sun Life Nifty IT ETF | Axis Nifty IT Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | +0.39% | +2.92% |
| Standard deviation | 21.99% | 21.91% |
| Sharpe ratio | -0.25 | -0.14 |
| Sortino ratio | -0.35 | -0.21 |
| Maximum drawdown | −41.6% (01-07-2026) | −42.3% (01-07-2026) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.09% | −0.41% |
From daily NAVs, 03-11-2021 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
Drawdowns
How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.
Aditya Birla Sun Life Nifty IT ETF
Axis Nifty IT Index Fund (Direct)
Nifty IT TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Aditya Birla Sun Life Nifty IT ETF | −41.6% | 13-12-2024 | 01-07-2026 | Not yet | -- | −25.8% |
| Axis Nifty IT Index Fund (Direct) | −42.3% | 13-12-2024 | 01-07-2026 | Not yet | -- | −26.7% |
| Nifty IT TRI | −42.0% | 13-12-2024 | 01-07-2026 | Not yet | -- | −26.1% |
From daily values since 18-07-2023, the first day every fund has.
Rolling standard deviation
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 1-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Aditya Birla Sun Life Nifty IT ETF
Axis Nifty IT Index Fund (Direct)
Nifty IT TRI
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 3-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Aditya Birla Sun Life Nifty IT ETF
Axis Nifty IT Index Fund (Direct)
Nifty IT TRI
Against Nifty IT TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| Aditya Birla Sun Life Nifty IT ETF | 100% | 100% | 0.30% |
| Axis Nifty IT Index Fund (Direct) | 99% | 100% | 0.12% |
From month-end values since 18-07-2023. Up capture: a fund's average month when the benchmark rose, as % of the benchmark's; above 100% it gained more. Down capture: the same for months the benchmark fell; below 100% it fell less. Tracking error: how far the monthly returns strayed from the benchmark's, a year; an index fund aims near 0.
Aditya Birla Sun Life Nifty IT ETF vs Axis Nifty IT Index: Portfolio Overlap
From each fund's latest monthly portfolio: Aditya Birla Sun Life Nifty IT ETF, September 2026; Axis Nifty IT Index Fund, September 2026
Holdings in common
- Overlap
- 99.9%
- Held by both
- 10
- Only in Aditya Birla Sun Life Nifty IT ETF
- 0
- Only in Axis Nifty IT Index
- 0
| Security | % of Aditya Birla Sun Life Nifty IT ETF | % of Axis Nifty IT Index |
|---|---|---|
| Infosys Ltd. | 31.28% | 31.33% |
| Tata Consultancy Services Ltd. | 19.06% | 19.09% |
| HCL Technologies Ltd. | 11.80% | 11.82% |
| Tech Mahindra Ltd. | 10.46% | 10.48% |
| Coforge Ltd. | 6.58% | 6.60% |
| Persistent Systems Ltd. | 6.21% | 6.22% |
| Wipro Ltd. | 4.64% | 4.65% |
| LTM Ltd. | 4.06% | 4.07% |
| Mphasis Ltd. | 3.08% | 3.09% |
| Oracle Financial Services Software Ltd. | 2.74% | 2.75% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 99.9% means 99.9% of each fund's money sits in positions the other also holds. Matched by ISIN. Cash and hedged positions are left out.
Largest holdings only in Aditya Birla Sun Life Nifty IT ETF
Every holding of this fund is also held by the other.
Largest holdings only in Axis Nifty IT Index Fund
Every holding of this fund is also held by the other.
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Aditya Birla Sun Life Nifty IT ETF | Axis Nifty IT Index |
|---|---|---|
| Equity | 99.9% | 100.1% |
| Debt | 0.0% | 0.0% |
| Cash and others | 0.1% | -0.1% |
Market cap of stocks
| Market cap | Aditya Birla Sun Life Nifty IT ETF | Axis Nifty IT Index |
|---|---|---|
| Large Cap | 81.3% | 81.4% |
| Mid Cap | 18.6% | 18.7% |
| Small Cap | 0.0% | 0.0% |
Share of the whole fund. Groups follow AMFI's latest list: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.
Largest sectors
| Sector | Aditya Birla Sun Life Nifty IT ETF | Axis Nifty IT Index |
|---|---|---|
| IT - Software | 99.9% | 100.1% |
The six largest sectors of each fund's stocks, % of the fund.
Aditya Birla Sun Life Nifty IT ETF vs Axis Nifty IT Index: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Aditya Birla Sun Life Nifty IT ETF | Axis Nifty IT Index Fund |
|---|---|---|
| Total expense ratio (Direct) | Not available | 0.43% |
| Base expense ratio (Direct) | 0.00% | 0.27% |
| Total expense ratio (Regular) | Not available | 1.15% |
| Base expense ratio (Regular) | 0.16% | 0.90% |
The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, transaction costs, and levies with GST.
Aditya Birla Sun Life Nifty IT ETF vs Axis Nifty IT Index Fund: Frequently Asked Questions
What is the difference between Aditya Birla Sun Life Nifty IT ETF and Axis Nifty IT Index Fund?
Aditya Birla Sun Life Nifty IT ETF is an ETF fund, Axis Nifty IT Index Fund is an Index fund, run by Aditya Birla Sun Life Mutual Fund and Axis Mutual Fund. Their portfolios overlap 99.9%. Aditya Birla Sun Life Nifty IT ETF charges 0.25% a year and Axis Nifty IT Index Fund 0.43%.
Which has given higher returns, Aditya Birla Sun Life Nifty IT ETF or Axis Nifty IT Index Fund?
Over 1 year: Aditya Birla Sun Life Nifty IT ETF −7.01%, Axis Nifty IT Index Fund −7.96%. Over 3 years: Aditya Birla Sun Life Nifty IT ETF +4.21% a year, Axis Nifty IT Index Fund +3.76% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Aditya Birla Sun Life Nifty IT ETF or Axis Nifty IT Index Fund?
Aditya Birla Sun Life Nifty IT ETF charges less: 0.25% a year against 0.43%. These are the total expense ratios reported to AMFI.
How much do Aditya Birla Sun Life Nifty IT ETF and Axis Nifty IT Index Fund overlap?
99.9%. They hold 10 of the same securities, the largest shared ones being INFY, TCS, HCLTECH. From each fund's latest monthly portfolio.
Which is riskier, Aditya Birla Sun Life Nifty IT ETF or Axis Nifty IT Index Fund?
On SEBI's riskometer, Aditya Birla Sun Life Nifty IT ETF is rated Very High and Axis Nifty IT Index Fund Very High. Over 3 years, the standard deviation of daily returns was 22.53% and 22.49% a year.
Which is better for SIP, Aditya Birla Sun Life Nifty IT ETF or Axis Nifty IT Index Fund?
Over the last 3 years, a monthly SIP of ₹10,000 from 03-10-2023 to 30-10-2026 grew to ₹3,58,098 in Aditya Birla Sun Life Nifty IT ETF (XIRR -2.1% a year) and ₹3,54,743 in Axis Nifty IT Index Fund (XIRR -2.7% a year). Both received 37 instalments. Past returns do not promise future returns.
Can I invest in both Aditya Birla Sun Life Nifty IT ETF and Axis Nifty IT Index Fund?
Yes. 99.9% of each fund's money sits in the same holdings, so a large part of the two investments would move together.
Who manages Aditya Birla Sun Life Nifty IT ETF and Axis Nifty IT Index Fund?
Aditya Birla Sun Life Nifty IT ETF: Priya Sridhar, Mehul Dama. Axis Nifty IT Index Fund: Nandik Malik, Rohit Gautam.
Sources: NAV and expense ratio from AMFI. Holdings from each fund house's monthly portfolio statement. Fund facts from each scheme summary document.
This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.