Axis AMC - AxisHCETF

About Axis Nifty Healthcare ETF (AXISHCETF)

• The Axis Nifty Healthcare ETF (exchange-traded fund) is an open-ended scheme offered by Axis Mutual Fund House.
• It includes stocks of companies operating in the healthcare and pharmaceutical domain.
• The fund has been in operation since its inception on May 17, 2021.
• – The total assets under management (AUM) in this ETF was ₹17.23 crores as of June 30, 2024.
• Shreyash Devalkar and Karthik Kumar are the fund managers for Axis Nifty Healthcare ETF.
• Investment in this ETF can be made via a demat account with a registered broker.
• The ETF units can be bought and sold during the usual trading hours of the exchanges.

Investment objective and benchmark

• The Axis Nifty Healthcare ETF aims to provide returns that closely match the total returns of the underlying index. While there is no assurance or guarantee that the investment objective will be achieved, the product is suitable for investors seeking long-term wealth creation
• The scheme, traded under the exchange symbol AXISHCETF, is benchmarked against the NIFTY Healthcare Index consisting of a maximum of 20 healthcare stocks listed on the National Stock Exchange.
• It is important to note that the Axis Nifty Healthcare ETF falls under the ‘very high risk’ category.
• The healthcare industry is projected to show robust growth momentum with the rising healthcare service demand.
• Health sector ETFs typically invest in various subsectors of the healthcare industry. This diversification offers exposure to the different segments of the industry.

Asset allocation and portfolio composition

• The ETF has allocated 99.85% of the available funds to investment in equity. The remaining 0.18% is invested in other investment instruments including cash and debts.
• The Axis Nifty Healthcare ETF’s sector allocation is heavily concentrated in healthcare, accounting for 99.8% of its investments.
• As of May 31, 2024, the Axis Nifty Healthcare ETF holds 20 stocks (compared to the category average of 43.66), with 59.09% invested in large-cap stocks, 26% in mid-cap stocks, 2.09% in small-cap stocks and 12.64% in other assets.
• The top 10 company holdings of the ETF constitute 81.85% of the fund's asset allocation

Here’s a breakdown of Axis Nifty Healthcare ETF’s top 10 holdings as of June 30, 2024, and their weight in the portfolio in percentage:

• Sun Pharmaceuticals Industries Ltd: 21.14%
• Dr Reddy's Laboratories Ltd: 10.04%
• Cipla Ltd: 10.01%
• Max Healthcare Institute Ltd Ordinary Shares: 8.94%
• Apollo Hospitals Enterprise Ltd: 8.02%
• Divi's Laboratories Ltd: 7.54%
• Lupin Ltd: 5.04%
• Aurobindo Pharma Ltd: 4.38%
• Zydus Lifesciences Ltd: 3.48%
• Torrent Pharmaceuticals Ltd: 3.26

As of May 31, 2024, Axis Nifty Healthcare ETF has provided a return of 43.99% over the last year, closely matching the 44.49% return of the Nifty Healthcare TRI during the same period.

Since its launch, the Axis Nifty Healthcare ETF has produced a CAGR of 12.34%.