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Axis NIFTY India Consumption ETF 543357.BO

Is Axis NIFTY India Consumption ETF Halal?

Shariah Compliance Analysis of 543357.BO ETF

No. As of October 2026, Axis NIFTY India Consumption ETF (543357.BO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

543357.BO was created on 2021-09-17 by Axis. The fund's investment portfolio concentrates primarily on total market equity. To provide returns before expenses that closely correspond to the total returns of the NIFTY India Consumption Index subject to tracking errors. However, there is no assurance or guarantee that the investment objective of the scheme will be achieved.

543357.BO Shariah Compliance

As of October 2026, Axis NIFTY India Consumption ETF is classified as not halal.

NOT HALAL

Axis NIFTY India Consumption ETF (543357.BO) Chart

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