Axis Nifty50 Equal Weight Index Fund
- NAV
- ₹9.58
- —30 Oct 2026
- AUM (₹ Cr)
- 75
- Average, July - September 2026
- Expense ratio
- 1.25%
- Regular 2.04%
- Risk
- Very High
- SEBI riskometer
- 1Y return
- —
- Category -7.0%
- 3Y CAGR
- —
- Category 9.5%
- 5Y CAGR
- —
- Category 7.8%
Rank in category
Not ranked yet: a rank needs a year of returns.
Ranked on 1Y, 3Y and 5Y together. 19 of 158 funds have a rank here; it needs a 5-year record. Direct plan, growth option. Click a column to rank by it.
Calendar-year returns
Fund only: no comparison series covers this fund's history.
Risk statistics
Five years of daily NAVs. Risk-free rate 6.5% a year.
- Standard deviation
- —
- Maximum drawdown
- —
- Sharpe ratio
- —
- Sortino ratio
- —
- Beta
- —
- Alpha
- —
- R²
- —
- Information ratio
- —
- Upside capture
- —
- Downside capture
- —
- Tracking error
- —
| Period | 1M | 3M | 6M | YTD | 1Y | 3YCAGR | 5YCAGR | 10YCAGR | LaunchCAGR |
|---|---|---|---|---|---|---|---|---|---|
| Fund | +1.0% | -6.5% | — | — | — | — | — | — | -5.1% |
| NIFTY 50 Equal Weight Index | — | — | — | — | — | — | — | — | — |
| Index: Factor average | -0.9% | -6.4% | -3.7% | -6.7% | -7.0% | 9.5% | 7.8% | 13.1% | 2.7% |
| Difference | — | — | — | — | — | — | — | — | — |
Portfolio
Valuation
- P/E
- 24.5
- In line with its category
- Category median
- 24.2
- 134 Index: Factor funds
- Benchmark P/E
- 23.1
- Nifty50 Equal Weight
P/E is the value of the shares the fund holds, at the close of 30 Oct 2026, over their profit in the last four reported quarters (the owners' share from continuing operations, consolidated where filed, losses included), weighted by the fund's portfolio disclosed 24 Oct 2026. The category median is worked out the same way; the benchmark's is the index provider's own figure on the same basis.
Fund details
- Fund house
- Axis Mutual Fund
- Category
- Equity · Index: Factor
- SEBI classification
- Other / Index Funds ETFs
- Benchmark
- NIFTY 50 Equal Weight Index
- Launch date
- 28 Jul 2026 (0.3 years)
- Structure
- Open Ended · Index
- Plans and options
- Direct Growth, Regular Growth
- Fund manager
- Nandik Mallik
- Minimum SIP
- ₹100
- Minimum lumpsum
- ₹100 (then ₹100)
- Exit load
- 0.25%
- Lock-in
- None
- Riskometer
- Very High (benchmark Very High)
- Expense ratio as of
- 29 Oct 2026
- AUM period
- July - September 2026
- ISIN, Direct Growth
- INF846KA1564
- ISIN, Regular Growth
- INF846KA1556
- Scheme code
- 154460, 154459
NAV and returns as of 30 Oct 2026; returns are for the direct plan, growth option, before entry or exit costs. Not investment advice.
Other index: factor funds
Other funds in the Index: Factor category.
- Aditya Birla Sun Life BSE 500 Quality 50 Index FundAditya Birla Sun Life Mutual Fund · ₹72 Cr · ER 0.42%
- UTI Nifty Alpha Low-Volatility 30 Index FundUTI Mutual Fund · ₹71 Cr · ER 0.79%
- Nippon India ETF Nifty Dividend Opportunities 50Nippon India Mutual Fund · ₹71 Cr · ER 0.39%5Y 10.8%
- SBI Nifty Midcap 150 Momentum 50 ETF FOFSBI Mutual Fund · ₹69 Cr · ER 0.26%
- Motilal Oswal BSE Low Volatility Index FundMotilal Oswal Mutual Fund · ₹69 Cr · ER 0.64%
- Kotak Nifty 50 Equal Weight Index FundKotak Mahindra Mutual Fund · ₹67 Cr · ER 0.51%

