About Axis Nifty India Defence Index Fund
Axis Nifty India Defence Index Fund is a index fund managed by Axis Mutual Fund. Passively track a market index such as the Nifty 50 or Sensex, with low costs and returns close to the index.
The NAV (net asset value) is the price of one unit of the fund. It is published by the fund house every business day and changes with the value of the fund's holdings. The Growth option reinvests all gains, so its NAV reflects the fund's total return.
Tax on your gains
Gains are taxed as equity: sell within 12 months and the gain is short-term, taxed at 20%. Hold longer and it is long-term, taxed at 12.5% on gains above ₹1.25 lakh in a financial year, across all your equity investments.
Work out what you would owe with the capital gains tax calculator.
Every plan and option, with scheme codes
| Plan | Option | NAV | Scheme code |
|---|---|---|---|
| Direct | Growth Option | ₹10.3706 | 154326 |
| Regular | Growth Option | ₹10.3379 | 154327 |
Frequently asked questions
What is the NAV of Axis Nifty India Defence Index Fund today?
The NAV of Axis Nifty India Defence Index Fund (Direct plan, Growth) is ₹10.3706 and the Regular plan NAV is ₹10.3379, as of 18 Sept 2026.
What returns has Axis Nifty India Defence Index Fund given?
Over the last year the Direct plan returned –. Past returns do not guarantee future returns.
How much has Axis Nifty India Defence Index Fund fallen in the past?
Its deepest fall was 8.7% from 8 Sept 2026 to 16 Sept 2026.
Which category does Axis Nifty India Defence Index Fund belong to?
It is a Index Fund from Axis Mutual Fund. Passively track a market index such as the Nifty 50 or Sensex, with low costs and returns close to the index.
What is the difference between the Direct and Regular plan?
Both invest in the same portfolio. The Direct plan is bought straight from the fund house or a direct platform and has a lower expense ratio because no distributor commission is paid, so its NAV grows slightly faster over time.
How are gains from Axis Nifty India Defence Index Fund taxed?
Gains are taxed as equity: sell within 12 months and the gain is short-term, taxed at 20%. Hold longer and it is long-term, taxed at 12.5% on gains above ₹1.25 lakh in a financial year, across all your equity investments.
Source: NAVs published by the fund house through AMFI. Mutual fund investments are subject to market risks; read all scheme-related documents carefully. Past performance does not guarantee future returns. This page is for information only and is not a recommendation to buy or sell.