August 13, 2026
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Axis Nifty50 Equal Weight Index Fund
| Fund at a Glance | |
| NAV Growth (Rs.) | 10.29 |
| NAV IDCW (Rs.) | — |
| NAV Bonu (Rs.) | — |
| Min. Investment (Rs.) | 100 |
| Min. SIP Investment (Rs.) | 100 |
| Min. No of Cheques | 6 |
| Benchmark | NIFTY 50 Equal Weight TRI |
| AUM Rs. | 105 Cr |
| (As on 31-Jul-2026) | |
| Expense | 0.20% |
| 1 Year Return (%) | — |
| 3 Year Return (%) | — |
| 5 Year Return (%) | — |
| 10 Year Return (%) | — |
| Return Since Launch | 2.99% |
Suitable For Which Investors?
Large-cap funds are suitable for investors:
1. Seeking exposure in large-cap stocks for moderately high returns
2. Aiming for long-term wealth creation
3. With a 5+ year investment horizon
4.0 Who are at ease with the market’s ups and downs
Note:
• Invest only through SIP
• Being passively managed, the fund replicates the portfolio of its chosen benchmark index
Fund’s Investment Strategy:
The scheme seeks to provide returns before expenses that correspond to the performance of Nifty50 Equal Weight TRI subject to tracking error.
Fund Manager:
1) Nandik Mallik
Education: Mr. Mallik holds B.Tech degree and has also done PGDM (IIM Calcutta) and MS- Finance (London Business School).
Experience: Prior to joining the Axis MF, he was working with Avendus Capital Public Markets Alternate Strategies LLP, ICICI Prudential Asset Management Company Ltd, Edelweiss AMC, DC India Capital, Credit-Suisse (London), BNP Paribas (London), NM Rothschild (Mumbai) and Fair Isaac (Bangalore).
2) Rohit Gautam
Education: B.Tech. from IIT Bombay, PGDM from IIM Ahmedabad
Experience: Prior to joining the Axis MF, he was associated with IndiaFirst Life Insurance, Shriram AMC, Greater Pacific Capital.
Investment Details
| Min. Investment (Rs) | 100 |
| Min. Addl Investment (Rs) | 100 |
| Min. SIP Investment (Rs) | 100 |
| Min. Withdrawal (Rs) | — |
| Min. No of Cheques | 6 |
| Min. Balance (Rs) | — |
| Lock-in Period | NA |
| Exit Load | 0.25% for redemption within 15 days |
Basic Details of Axis Nifty50 Equal Weight Index Fund
| Fund House | Axis Mutual Fund |
| Launch Date | 23-Jul-26 |
| Return Since Launch | 2.99% |
| Benchmark | NIFTY 50 Equal Weight TRI |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 105 Cr |
| (As on 31-Jul-2026) | |
| Base Expense Ratio | 0.20% |
| (As on 31-Jul-2026) | |
| Risk Grade | — |
| Return Grade | — |
| Turnover | — |
Axis Nifty50 Equal Weight Index Fund Trailing Returns (%)
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Axis Nifty50 Equal Weight Index Dir | — | -0.48 | — | — | — | — | — | — | — | — |
| BSE 100 TRI | — | -0.36 | — | — | — | — | — | — | — | — |
| Equity: Large Cap | — | -0.36 | — | — | — | — | — | — | — | — |
| Rank within category | — | 101 | — | — | — | — | — | — | — | — |
| Number of funds in category | 111 | 117 | 116 | 115 | 112 | 104 | 81 | 63 | 50 | 42 |
Peer Comparison of Axis Nifty50 Equal Weight Index Fund
| Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | Turnover (%) | |
| Axis Nifty50 Equal Weight Index Dir | Unrated | — | — | — | 0.20 | 105 | 2.99 | 0.25 (15) | 20D | — |
| ICICI Pru Nifty Next 50 Index Dir | 4 out of 5 stars | 13.10 | 19.10 | 14.11 | 0.26 | 9,935 | 14.48 | — | 13Y 7M | 27.00 |
| UTI Nifty Next 50 Index Dir | 4 out of 5 stars | 13.35 | 19.34 | 14.25 | 0.31 | 7,360 | 13.38 | — | 8Y 1M | 25.00 |
| HDFC NIFTY Next 50 Index Dir | 4 out of 5 stars | 13.22 | 19.06 | — | 0.25 | 2,659 | 12.66 | — | 4Y 9M | 26.53 |
| DSP Nifty 50 Equal Weight Index Dir | 5 out of 5 stars | 9.29 | 14.36 | 13.84 | 0.35 | 2,609 | 12.45 | — | 8Y 9M | 27.00 |
Axis Nifty50 Equal Weight Index Fund Portfolio Analysis
| No. of Stocks | 50 |
| Top 10 Stocks | 22.35% |
| Top 5 Stocks | 11.45% |
| Top 3 Sectors | 52.81% |
| Portfolio P/B Ratio | 3.16 |
| Portfolio P/E Ratio | 20.66 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 3,14,049 | 4,09,910 |
| Large (%) | 96.33 | 93.11 |
| Mid (%) | 3.67 | 7.70 |
| Small (%) | — | 4.42 |
Note: Mutual fund investments are subject to market risks, read all scheme-related documents carefully.
Apply Online: https://www.axismf.com/Online/Login OR
https://www.axismf.com/mutual-funds
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