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Axis NIFTY IT ETF is an exchange-traded fund that seeks to replicate the performance of the NIFTY IT Index, providing targeted exposure to India’s listed information technology companies. The fund follows a passive, index-linked approach, investing primarily in leading IT services and software firms such as Infosys, Tata Consultancy Services, HCL Technologies, Tech Mahindra, and Wipro, broadly in line with their weights in the underlying index. By focusing on the IT - Software sector, Axis NIFTY IT ETF offers investors a way to access the business performance of major Indian IT exporters that play a significant role in global outsourcing, digital transformation, and enterprise technology solutions. The scheme is categorized as an equity index ETF under Axis Mutual Fund and is benchmarked against the NIFTY IT Total Return Index, aiming to closely correspond to its total returns before expenses, subject to tracking error. Launched in 2021 and managed from India, the ETF serves as a sector-specific tool for participants who want systematic, exchange-traded exposure to the Indian information technology segment.