Axis AMC - AxisCETF

About Axis Nifty India Consumption ETF: AXISCETF

• Axis Nifty India Consumption ETF (exchange-traded fund) is an open-ended scheme offered by the Axis Mutual Fund house.
• The ETF includes stocks of companies in the domestic consumption sector including consumer non-durables, healthcare, auto and telecom.
• The scheme was launched on September 17, 2021.
• Ashish Naik and Karthi Kumar are the fund managers.
• Investment in this ETF can be made via a demat account with a registered broker.
• Axis Nifty India Consumption ETF units can be traded during the usual operating hours of stock exchanges, just like equity stocks.

Investment objective & benchmark

• Axis Nifty India Consumption ETF aims to offer returns that closely correspond to the performance of equity stocks in the underlying index.
• The ETF is benchmarked against the Nifty India Consumption Index, designed to reflect the behaviour and performance of a diversified portfolio of companies representing the domestic consumption sector. It features stocks of 30 companies listed on the NSE.
• The fund offers diversification into companies from multiple domains thus limiting the investors' sectoral risk.
• The ETF offers exposure to niche sectors and emerging themes that may not be adequately represented in the broader market.

Asset Allocation & Portfolio Composition

• The ETF has allocated 99.68% of the available funds to investment in equity stocks. The remaining 0.32% is invested in other instruments such as cash and debts.
• The scheme has invested funds in companies across market capitalisations. Axis Nifty India Consumption ETF has invested 38.81% of funds in the giant cap, 22.02% in large cap, 28.73% in mid-cap, 10.37% in small-cap and 0.07% in tiny cap companies.
• Stocks of companies operating in the FMCG sector contribute 33.47% of the asset allocation. The ETF has allocated 22.29% of funds to automobiles, 13.76% to consumer services, 10.49% to consumer durables and 10.16% to the telecommunication sector.
• The top company holdings make up nearly 62% of the ETF's asset allocation as of June 2024.

Here's a list of the top 10 company holdings in Axis NIFTY India Consumption ETF:

• Bharti Airtel Limited: 10.16%
• ITC Limited: 9.84%
• Mahindra & Mahindra Limited: 9.11%
• Hindustan Unilever Limited: 7.26%
• Maruti Suzuki India Limited: 5.22%
• Titan Company Limited: 4.67%
• Asian Paints Limited: 4.32%
• Trent Limited: 3.97%
• Zomato Limited: 3.94%
• Bajaj Auto Limited: 3.48%

The ETF has delivered a return of 34.56% in the last one year, as of June 30, 2024, against the benchmark index's earnings of 35.27%.

Since its inception, Axis Nifty India Consumption ETF has posted a return of 17.57%