Case study

ITAXIS

Axis Nifty IT ETF

Worth a closer look1y model +8.6%

Each stock's 10,000-path forecast, rendered as light.

61Score

Axis Nifty IT ETF (ITAXIS) Stock Analysis & Case Study

What the numbers say about ITAXIS, and the method behind each one.

on the numbers it worth a closer look, a Downstox Snapshot Score of 61/100.

On the numbers, Axis Nifty IT ETF (ITAXIS) worth a closer look, a Downstox Snapshot Score of 61/100, weighing a 64% model probability of trading higher in a year. Below: the full bull case, bear case, sector-relative valuation, and a probability-weighted price target for 2027-2031.

Last updated . Data snapshot for research, not investment advice.

How ITAXIS ranks against the 3,124 companies in our screener

ITAXIS is not currently one of the 3,124 companies in our live screener universe, so no percentile comparison is available for it here.

ITAXIS share price target 2027, 2028, 2029, 2030, 2031, a probability view

Unlike a single guessed number, this is a probability-weighted range from a 10,000-path Monte-Carlo simulation on 5.3y of ITAXIS history (5%/yr drift, 23%/yr volatility).

YearLow (P10)Median target (P50)High (P90)Upside vs today
ITAXIS 2027₹271₹364₹488+9%
ITAXIS 2028₹261₹395₹599+18%
ITAXIS 2029₹256₹429₹719+28%
ITAXIS 2030₹256₹466₹851+39%
ITAXIS 2031₹260₹506₹986+51%

Median (P50) is the central estimate; the P10-P90 band is the 80% confidence range. Probabilities, not promises.

What is the probability ITAXIS goes up, or doubles?

64%
Higher in 1 year
Modelled chance the price is above today in 12 months
79%
Higher in 5 years
Modelled chance the price is above today in 5 years
30%
Doubles in 5 years
Modelled chance of reaching ₹670 within 5 years

The bull case for ITAXIS

  • A 10,000-path probability model puts a 64% chance the price is higher in a year, with a median target of ₹364 (+9%).
  • Relatively low volatility (23%/yr), a steadier ride than the typical mid/small-cap.
  • Upside scenario: the model's optimistic (P90) 3-year path reaches ₹719.

The bear case & risks

  • No model or past record guarantees future returns, treat this as one input, not a decision.
  • Downside scenario: the model's pessimistic (P10) 3-year path falls to ₹256.

ITAXIS volatility & expected range, how bumpy is the ride?

Over the last 5.3 years ITAXIS compounded at 5%/year with annualized volatility of 23%. That volatility implies a 1-year 80% range of ₹271-₹488, the honest backbone behind any single price target.

ITAXIS price forecast, the full 60-month probability fan

Spot Price · Today
₹0
Based on 5.3 years of daily NSE data ·0.0% annualised volatility
5-yr median forecast
₹0
P(price ↑ in 5y)
0%
1-Year Forecast
2027
₹0
Median (P50)
8.6%
80% range₹271-₹488
P(price ↑)64%
P(price 2×)1%
3-Year Forecast
2029
₹0
Median (P50)
28.1%
80% range₹256-₹719
P(price ↑)73%
P(price 2×)14%
5-Year Forecast
2031
₹0
Median (P50)
51.2%
80% range₹260-₹986
P(price ↑)79%
P(price 2×)30%

ITAXIS price probability fan

Each band shows where 10,000 simulated paths land. The wider the fan, the more uncertainty.

Probability Fan
ITAXIS simulated paths · 60 months · 10,000 trials
P10-P90 (80%)P25-P75 (50%)Median (P50)

Probability of key outcomes

What are the odds ITAXIS hits common targets within the simulated horizon?

0%
P(↑ 1Y)
Above today's price in 1 year
0%
P(↑ 5Y)
Above today's price in 5 years
0%
P(2×)
Doubles within 5 years
0%
P(↓)
Falls below today in 5 years

Full multi-horizon detail on the ITAXIS price target & forecast page.

ITAXIS MTF margin & leverage across 7 brokers

Margin Trading Facility lets you buy ITAXIS with part of the capital. Lower margin % = higher leverage. Rates compared across 7 brokers (no competitor publishes this):

BrokerMargin requiredApprox. leverage
UpstoxCHEAPEST27.44%3.6×
Groww27.63%3.6×
Dhan27.47%3.6×
Kotak Neo27.47%3.6×
Paytm Money100.00%1.0×
Fyers27.78%3.6×
Anand Rathi27.47%3.6×

Compare every broker on the ITAXIS MTF page.

About Axis Nifty IT ETF: sector, index & market-cap context

Axis Nifty IT ETF (ITAXIS) is an NSE-listed company. See more stocks on our screener.

How the ITAXIS Snapshot Score & forecast are built

The Downstox Snapshot Score is a transparent, rules-based read of Axis Nifty IT ETF's public fundamentals plus a statistical forecast, not an analyst opinion. It rewards low-to-fair valuation, high ROE/ROCE, a strong Piotroski F-Score, a dividend, low volatility and a favourable probability of upside; it penalises rich valuations, weak capital efficiency, a low F-Score and high volatility. The price target is a 10,000-path Monte-Carlo simulation on real historical volatility, a distribution, not a single guess. The bull and bear cases are generated from the same data, so you always see both sides.

This is information, not investment advice. Do your own due diligence and consult a SEBI-registered adviser before investing.

ITAXIS analysis, FAQs

Is Axis Nifty IT ETF (ITAXIS) a good buy?

On the numbers, Axis Nifty IT ETF (ITAXIS) worth a closer look, a Downstox Snapshot Score of 61/100, weighing a 64% model probability of trading higher in a year. This is a data snapshot for research, not investment advice.

Is ITAXIS overvalued or undervalued?

Valuation ratios for ITAXIS are tracked live on Downstox.

What is the ITAXIS share price target for 2031?

ITAXIS's probability-weighted 2031 median target is ₹506, with an 80% range of ₹260-₹986 (10,000-path Monte-Carlo).

What is the probability ITAXIS doubles in 5 years?

The modelled probability of ITAXIS reaching ₹670 (2×) within 5 years is 30%.

What is the bull case for ITAXIS?

A 10,000-path probability model puts a 64% chance the price is higher in a year, with a median target of ₹364 (+9%). Relatively low volatility (23%/yr), a steadier ride than the typical mid/small-cap.

What are the risks in ITAXIS?

No model or past record guarantees future returns, treat this as one input, not a decision.

More on ITAXIS

For information and education only. Downstox is a data and analytics platform, not a SEBI-registered Research Analyst or Investment Adviser. Nothing here is investment advice or a recommendation to buy, sell or hold any security. Any scores, ranks, targets or scenarios are model estimates shown with their method, not forecasts or assured outcomes. Markets carry risk; do your own research and consult a SEBI-registered adviser before investing.