axis nifty50 equal weight index fund directgrowth

Axis Nifty50 Equal Weight Index Fund Direct-Growth

Equity: Large Cap - Growth (Open ended)

Axis Nifty50 Equal Weight Index Fund Direct-GrowthNAV: - as on -

Risk levelCategoryBenchmark

Factsheet

SEBI Riskometer -Very HighCategory -Equity: Large CapBenchmark -NIFTY 50 Equal Weight Total Return Index

NAV: —+0.00%

1 Week returns: -

Category rank: -

1 Month returns: -

Category rank: -

1 Year CAGR: -

Category rank: -

3 Years CAGR: -

Category rank: -

5 Years CAGR: -

Category rank: -

AUM

Expense Ratio

Inception

1784246.00

P/E

P/B

Tracking Error

Tracking Diff 1Y

Tracking Diff 3Y

Tracking Diff 5Y

Return 1Y

Return 3Y

Return 5Y

Key Talking Points

Important talking points about the scheme's performance, expense ratio and other factors — grouped by positive, negative, and neutral stance.

Positive

Not enough talking points with positive stance

Negative

Not enough talking points with negative stance

Neutral

Not enough performance data

Since this is a relatively new scheme (less than 3 years), we do not have sufficient data to conduct meaningful performance analysis

Scheme Overview

The scheme seeks to provide returns before expenses that correspond to the performance of Nifty50 Equal Weight TRI subject to tracking error.

Scheme Category Overview →

Plan Variants

No variants available.

Fund Managers

Nandik Mallik

Since: 3 Jul 2026

View details

Education

Mr. Mallik holds B.Tech degree and has also done PGDM (IIM Calcutta) and MS- Finance (London Business School).

Past 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).

Funds managed (19)

1.Axis Nifty 100 Index Fund6 Mar 2026 – Present

2.Axis Quant Fund9 Dec 2025 – Present

3.Axis Nifty 50 Index Fund6 Mar 2026 – Present

4.Axis Nifty Next 50 Index Fund6 Mar 2026 – Present

5.Axis Multi Factor Passive FoF1 Apr 2026 – Present

6.Axis Nifty Smallcap 50 Index Fund6 Mar 2026 – Present

7.Axis Nifty Midcap 50 Index Fund6 Mar 2026 – Present

8.Axis Nifty IT Index Fund6 Mar 2026 – Present

9.Axis BSE Sensex Index Fund6 Mar 2026 – Present

10.Axis Nifty Bank Index Fund6 Mar 2026 – Present

11.Axis Nifty 500 Index Fund6 Mar 2026 – Present

12.Axis Nifty500 Value 50 Index Fund6 Mar 2026 – Present

13.Axis Momentum Fund9 Dec 2025 – Present

14.Axis Nifty500 Momentum 50 Index Fund6 Mar 2026 – Present

15.Axis Nifty500 Quality 50 Index Fund6 Mar 2026 – Present

16.Axis BSE India Sector Leaders Index Fund6 Mar 2026 – Present

17.Axis Nifty India Defence Index Fund10 Apr 2026 – Present

18.Axis Nifty Capital Markets Index Fund4 May 2026 – Present

19.Axis Nifty50 Equal Weight Index Fund3 Jul 2026 – Present

Rohit Gautam

Since: 3 Jul 2026

View details

Education

B.Tech. from IIT Bombay, PGDM from IIM Ahmedabad

Past Experience

Prior to joining the Axis MF, he was associated with IndiaFirst Life Insurance, Shriram AMC, Greater Pacific Capital.

Funds managed (17)

1.Axis Nifty 100 Index Fund6 Mar 2026 – Present

2.Axis Nifty 50 Index Fund6 Mar 2026 – Present

3.Axis Nifty Next 50 Index Fund6 Mar 2026 – Present

4.Axis Multi Factor Passive FoF1 Apr 2026 – Present

5.Axis Nifty Smallcap 50 Index Fund6 Mar 2026 – Present

6.Axis Nifty Midcap 50 Index Fund6 Mar 2026 – Present

7.Axis Nifty IT Index Fund6 Mar 2026 – Present

8.Axis BSE Sensex Index Fund6 Mar 2026 – Present

9.Axis Nifty Bank Index Fund6 Mar 2026 – Present

10.Axis Nifty 500 Index Fund6 Mar 2026 – Present

11.Axis Nifty500 Value 50 Index Fund6 Mar 2026 – Present

12.Axis Nifty500 Momentum 50 Index Fund6 Mar 2026 – Present

13.Axis Nifty500 Quality 50 Index Fund6 Mar 2026 – Present

14.Axis BSE India Sector Leaders Index Fund6 Mar 2026 – Present

15.Axis Nifty India Defence Index Fund10 Apr 2026 – Present

16.Axis Nifty Capital Markets Index Fund4 May 2026 – Present

17.Axis Nifty50 Equal Weight Index Fund3 Jul 2026 – Present

Key Scheme Details

Inception

16 Jul 2026

Expense Ratio

AUM

Lock in

No lock in

Taxation

Min. Investment

₹100

Min. Addl Investment

Min. SIP Investment

₹100

Exit load

Exit load of 0.25%, if redeemed within 15 days.

AMC Overview

Axis Mutual Fund background and AUM insights, category-wise distribution and historical AUM growth.

AUM Analysis

AUM distribution as on date:

May 31, 2026

Total AUM: ₹ 3,69,123 Cr

Equity

₹ 2,04,076 Cr

Debt

₹ 1,37,026 Cr

Hybrid

₹ 20,323 Cr

Commodities

₹ 7,699 Cr

	Dec 31, 2021	Jan 31, 2022	Feb 28, 2022	Mar 31, 2022	Apr 30, 2022	May 31, 2022	Jun 30, 2022	Jul 31, 2022	Aug 31, 2022	Sep 30, 2022	Oct 31, 2022	Nov 30, 2022	Dec 31, 2022	Jan 31, 2023	Feb 28, 2023	Apr 30, 2023	May 31, 2023	Jun 30, 2023	Jul 31, 2023	Aug 31, 2023	Sep 30, 2023	Oct 31, 2023	Nov 30, 2023	Dec 31, 2023	Jan 31, 2024	Feb 29, 2024	Mar 31, 2024	Apr 30, 2024	May 31, 2024	Jun 30, 2024	Jul 31, 2024	Aug 31, 2024	Sep 30, 2024	Oct 31, 2024	Nov 30, 2024	Dec 31, 2024	Jan 31, 2025	Feb 28, 2025	Mar 31, 2025	Apr 30, 2025	May 31, 2025	Jun 30, 2025	Jul 31, 2025	Aug 31, 2025	Sep 30, 2025	Oct 31, 2025	Nov 30, 2025	Dec 31, 2025	Jan 31, 2026	Feb 28, 2026	Mar 31, 2026	Apr 30, 2026	May 31, 2026
equity	1,48,230 Cr	1,44,504 Cr	1,42,422 Cr	1,49,648 Cr	1,47,443 Cr	1,40,447 Cr	1,33,744 Cr	1,49,553 Cr	1,54,716 Cr	1,50,242 Cr	1,52,883 Cr	1,53,031 Cr	1,47,044 Cr	1,41,096 Cr	1,41,472 Cr	1,44,473 Cr	1,49,437 Cr	1,54,199 Cr	1,55,236 Cr	1,52,759 Cr	1,53,089 Cr	1,49,054 Cr	1,58,151 Cr	1,67,283 Cr	1,66,753 Cr	1,69,042 Cr	1,72,773 Cr	1,76,283 Cr	1,77,106 Cr	1,89,464 Cr	1,95,561 Cr	1,97,850 Cr	2,06,978 Cr	1,94,508 Cr	1,96,229 Cr	1,97,702 Cr	1,87,809 Cr	1,74,298 Cr	1,86,312 Cr	1,91,344 Cr	1,97,795 Cr	2,05,656 Cr	2,03,158 Cr	2,00,418 Cr	2,02,006 Cr	2,08,582 Cr	2,08,736 Cr	2,06,091 Cr	2,00,160 Cr	2,03,549 Cr	1,82,648 Cr	2,02,748 Cr	2,04,076 Cr
hybrid	12,969 Cr	13,714 Cr	14,136 Cr	14,975 Cr	15,747 Cr	14,829 Cr	14,028 Cr	14,320 Cr	14,036 Cr	13,331 Cr	13,164 Cr	12,696 Cr	12,303 Cr	11,867 Cr	11,397 Cr	10,607 Cr	10,830 Cr	10,694 Cr	11,162 Cr	10,977 Cr	11,200 Cr	11,129 Cr	11,603 Cr	11,796 Cr	11,874 Cr	12,033 Cr	12,072 Cr	12,411 Cr	13,214 Cr	13,930 Cr	14,630 Cr	14,748 Cr	14,819 Cr	14,561 Cr	14,684 Cr	14,897 Cr	14,681 Cr	14,266 Cr	14,687 Cr	15,478 Cr	16,284 Cr	16,745 Cr	16,868 Cr	17,315 Cr	17,551 Cr	18,154 Cr	18,628 Cr	18,978 Cr	19,322 Cr	19,911 Cr	18,980 Cr	20,256 Cr	20,323 Cr
debt	92,278 Cr	1,02,328 Cr	99,231 Cr	88,106 Cr	95,357 Cr	85,136 Cr	79,504 Cr	77,469 Cr	89,746 Cr	78,622 Cr	83,885 Cr	83,221 Cr	82,217 Cr	87,096 Cr	86,024 Cr	86,837 Cr	89,667 Cr	86,449 Cr	89,896 Cr	95,379 Cr	83,679 Cr	92,461 Cr	91,966 Cr	83,116 Cr	90,239 Cr	99,450 Cr	80,335 Cr	96,985 Cr	1,01,962 Cr	87,884 Cr	96,212 Cr	1,02,100 Cr	97,925 Cr	1,08,284 Cr	1,10,561 Cr	1,05,458 Cr	1,19,946 Cr	1,18,131 Cr	1,02,699 Cr	1,17,890 Cr	1,17,164 Cr	1,15,060 Cr	1,26,442 Cr	1,25,711 Cr	1,11,219 Cr	1,27,748 Cr	1,31,253 Cr	1,24,112 Cr	1,30,651 Cr	1,35,415 Cr	1,07,154 Cr	1,35,707 Cr	1,37,026 Cr
commodities	610 Cr	614 Cr	645 Cr	652 Cr	673 Cr	681 Cr	692 Cr	703 Cr	690 Cr	721 Cr	714 Cr	755 Cr	782 Cr	812 Cr	802 Cr	838 Cr	852 Cr	829 Cr	857 Cr	850 Cr	775 Cr	833 Cr	839 Cr	845 Cr	845 Cr	841 Cr	910 Cr	991 Cr	1,028 Cr	1,036 Cr	1,033 Cr	1,122 Cr	1,205 Cr	1,351 Cr	1,337 Cr	1,334 Cr	1,468 Cr	1,598 Cr	1,737 Cr	1,851 Cr	1,926 Cr	2,115 Cr	2,305 Cr	2,483 Cr	3,208 Cr	3,620 Cr	4,039 Cr	5,565 Cr	8,565 Cr	8,029 Cr	7,448 Cr	7,312 Cr	7,699 Cr
Total	2,54,087 Cr	2,61,160 Cr	2,56,434 Cr	2,53,381 Cr	2,59,220 Cr	2,41,093 Cr	2,27,969 Cr	2,42,044 Cr	2,59,188 Cr	2,42,917 Cr	2,50,645 Cr	2,49,702 Cr	2,42,346 Cr	2,40,870 Cr	2,39,695 Cr	2,42,754 Cr	2,50,786 Cr	2,52,170 Cr	2,57,150 Cr	2,59,966 Cr	2,48,742 Cr	2,53,477 Cr	2,62,559 Cr	2,63,040 Cr	2,69,711 Cr	2,81,365 Cr	2,66,090 Cr	2,86,670 Cr	2,93,311 Cr	2,92,314 Cr	3,07,437 Cr	3,15,819 Cr	3,20,926 Cr	3,18,704 Cr	3,22,812 Cr	3,19,390 Cr	3,23,903 Cr	3,08,294 Cr	3,05,435 Cr	3,26,563 Cr	3,33,169 Cr	3,39,576 Cr	3,48,773 Cr	3,45,927 Cr	3,33,985 Cr	3,58,103 Cr	3,62,655 Cr	3,54,746 Cr	3,58,698 Cr	3,66,904 Cr	3,16,229 Cr	3,66,023 Cr	3,69,123 Cr

AMC Details

AMC

Axis Mutual Fund

CEO

Gop Kumar Bhaskaran(Chief Executive Officer)

CIO

R Sivakumar(Chief Investment Officer)

IRO

C P Shivkumar Nair

Trustee

Axis Mutual Fund Trustee Ltd.

Phone

022-24255161

Website

http://www.axismf.com

Address

23rd Floor, One Lodha Place,, S. B. Road, Lower Parel., Mumbai

Frequently Asked Questions

What is the current NAV of Axis Nifty50 Equal Weight Index Fund Direct-Growth?

The current NAV (Net Asset Value) of Axis Nifty50 Equal Weight Index Fund Direct-Growth is -. NAV is declared at the end of each business day after market close and reflects the per-unit value of the fund after deducting expenses.

What is the AUM of Axis Nifty50 Equal Weight Index Fund Direct-Growth?

The Assets Under Management (AUM) of Axis Nifty50 Equal Weight Index Fund Direct-Growth is - in the Equity: Large Cap category. The AUM reflects the total market value of assets under this scheme and is updated monthly.

What is the expense ratio of Axis Nifty50 Equal Weight Index Fund Direct-Growth?

The expense ratio of Axis Nifty50 Equal Weight Index Fund Direct-Growth is -. This annual fee is deducted daily from the NAV. Direct plans always carry a lower expense ratio than Regular plans — the difference in expense ratio directly adds to your NAV growth over time.

Who is the fund manager of Axis Nifty50 Equal Weight Index Fund Direct-Growth?

The fund manager details for Axis Nifty50 Equal Weight Index Fund Direct-Growth are available in the Scheme Overview section. The fund is managed by Axis Mutual Fund. Fund manager experience and tenure are important qualitative factors when evaluating a mutual fund.

What is the benchmark of Axis Nifty50 Equal Weight Index Fund Direct-Growth?

The benchmark index for Axis Nifty50 Equal Weight Index Fund Direct-Growth is NIFTY 50 Equal Weight Total Return Index. All performance evaluation of Axis Nifty50 Equal Weight Index Fund Direct-Growth is measured relative to NIFTY 50 Equal Weight Total Return Index. The fund manager's goal is to generate alpha (returns above the benchmark) while managing downside risk.

When was Axis Nifty50 Equal Weight Index Fund Direct-Growth launched?

The launch (inception) date of Axis Nifty50 Equal Weight Index Fund Direct-Growth is available in the Scheme Overview section. A longer track record spanning multiple bull and bear market cycles is an important criterion when evaluating a mutual fund.

What is the minimum investment in Axis Nifty50 Equal Weight Index Fund Direct-Growth?

The minimum SIP and lumpsum investment details for Axis Nifty50 Equal Weight Index Fund Direct-Growth are available in the Scheme Overview section. SIPs let you invest a fixed amount regularly, averaging your purchase cost over time and reducing market timing risk.

What is the exit load on Axis Nifty50 Equal Weight Index Fund Direct-Growth?

The exit load on Axis Nifty50 Equal Weight Index Fund Direct-Growth is 1.00%. Exit load is charged on redemption to discourage early withdrawal. Always factor in the exit load when comparing the net redemption value.

What category does Axis Nifty50 Equal Weight Index Fund Direct-Growth belong to?

Axis Nifty50 Equal Weight Index Fund Direct-Growth belongs to the Equity: Large Cap category of mutual funds. SEBI has classified mutual funds into well-defined categories to help investors choose based on risk appetite and investment horizon.

Is Axis Nifty50 Equal Weight Index Fund Direct-Growth a direct or regular plan?

Axis Nifty50 Equal Weight Index Fund Direct-Growth is available in both Direct and Regular plan variants. Direct plans always offer a lower expense ratio — the savings from no distributor commission compound meaningfully over a long investment horizon.

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Dec 31, 2021

Jan 31, 2022

Feb 28, 2022

Mar 31, 2022

Apr 30, 2022

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Aug 31, 2022

Sep 30, 2022

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Nov 30, 2023

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Feb 29, 2024

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May 31, 2024

Jun 30, 2024

Jul 31, 2024

Aug 31, 2024

Sep 30, 2024

Oct 31, 2024

Nov 30, 2024

Dec 31, 2024

Jan 31, 2025

Feb 28, 2025

Mar 31, 2025

Apr 30, 2025

May 31, 2025

Jun 30, 2025

Jul 31, 2025

Aug 31, 2025

Sep 30, 2025

Oct 31, 2025

Nov 30, 2025

Dec 31, 2025

Jan 31, 2026

Feb 28, 2026

Mar 31, 2026

Apr 30, 2026

May 31, 2026

equity

1,48,230 Cr

1,44,504 Cr

1,42,422 Cr

1,49,648 Cr

1,47,443 Cr

1,40,447 Cr

1,33,744 Cr

1,49,553 Cr

1,54,716 Cr

1,50,242 Cr

1,52,883 Cr

1,53,031 Cr

1,47,044 Cr

1,41,096 Cr

1,41,472 Cr

1,44,473 Cr

1,49,437 Cr

1,54,199 Cr

1,55,236 Cr

1,52,759 Cr

1,53,089 Cr

1,49,054 Cr

1,58,151 Cr

1,67,283 Cr

1,66,753 Cr

1,69,042 Cr

1,72,773 Cr

1,76,283 Cr

1,77,106 Cr

1,89,464 Cr

1,95,561 Cr

1,97,850 Cr

2,06,978 Cr

1,94,508 Cr

1,96,229 Cr

1,97,702 Cr

1,87,809 Cr

1,74,298 Cr

1,86,312 Cr

1,91,344 Cr

1,97,795 Cr

2,05,656 Cr

2,03,158 Cr

2,00,418 Cr

2,02,006 Cr

2,08,582 Cr

2,08,736 Cr

2,06,091 Cr

2,00,160 Cr

2,03,549 Cr

1,82,648 Cr

2,02,748 Cr

2,04,076 Cr

hybrid

12,969 Cr

13,714 Cr

14,136 Cr

14,975 Cr

15,747 Cr

14,829 Cr

14,028 Cr

14,320 Cr

14,036 Cr

13,331 Cr

13,164 Cr

12,696 Cr

12,303 Cr

11,867 Cr

11,397 Cr

10,607 Cr

10,830 Cr

10,694 Cr

11,162 Cr

10,977 Cr

11,200 Cr

11,129 Cr

11,603 Cr

11,796 Cr

11,874 Cr

12,033 Cr

12,072 Cr

12,411 Cr

13,214 Cr

13,930 Cr

14,630 Cr

14,748 Cr

14,819 Cr

14,561 Cr

14,684 Cr

14,897 Cr

14,681 Cr

14,266 Cr

14,687 Cr

15,478 Cr

16,284 Cr

16,745 Cr

16,868 Cr

17,315 Cr

17,551 Cr

18,154 Cr

18,628 Cr

18,978 Cr

19,322 Cr

19,911 Cr

18,980 Cr

20,256 Cr

20,323 Cr

debt

92,278 Cr

1,02,328 Cr

99,231 Cr

88,106 Cr

95,357 Cr

85,136 Cr

79,504 Cr

77,469 Cr

89,746 Cr

78,622 Cr

83,885 Cr

83,221 Cr

82,217 Cr

87,096 Cr

86,024 Cr

86,837 Cr

89,667 Cr

86,449 Cr

89,896 Cr

95,379 Cr

83,679 Cr

92,461 Cr

91,966 Cr

83,116 Cr

90,239 Cr

99,450 Cr

80,335 Cr

96,985 Cr

1,01,962 Cr

87,884 Cr

96,212 Cr

1,02,100 Cr

97,925 Cr

1,08,284 Cr

1,10,561 Cr

1,05,458 Cr

1,19,946 Cr

1,18,131 Cr

1,02,699 Cr

1,17,890 Cr

1,17,164 Cr

1,15,060 Cr

1,26,442 Cr

1,25,711 Cr

1,11,219 Cr

1,27,748 Cr

1,31,253 Cr

1,24,112 Cr

1,30,651 Cr

1,35,415 Cr

1,07,154 Cr

1,35,707 Cr

1,37,026 Cr

commodities

610 Cr

614 Cr

645 Cr

652 Cr

673 Cr

681 Cr

692 Cr

703 Cr

690 Cr

721 Cr

714 Cr

755 Cr

782 Cr

812 Cr

802 Cr

838 Cr

852 Cr

829 Cr

857 Cr

850 Cr

775 Cr

833 Cr

839 Cr

845 Cr

841 Cr

910 Cr

991 Cr

1,028 Cr

1,036 Cr

1,033 Cr

1,122 Cr

1,205 Cr

1,351 Cr

1,337 Cr

1,334 Cr

1,468 Cr

1,598 Cr

1,737 Cr

1,851 Cr

1,926 Cr

2,115 Cr

2,305 Cr

2,483 Cr

3,208 Cr

3,620 Cr

4,039 Cr

5,565 Cr

8,565 Cr

8,029 Cr

7,448 Cr

7,312 Cr

7,699 Cr

Total

2,54,087 Cr

2,61,160 Cr

2,56,434 Cr

2,53,381 Cr

2,59,220 Cr

2,41,093 Cr

2,27,969 Cr

2,42,044 Cr

2,59,188 Cr

2,42,917 Cr

2,50,645 Cr

2,49,702 Cr

2,42,346 Cr

2,40,870 Cr

2,39,695 Cr

2,42,754 Cr

2,50,786 Cr

2,52,170 Cr

2,57,150 Cr

2,59,966 Cr

2,48,742 Cr

2,53,477 Cr

2,62,559 Cr

2,63,040 Cr

2,69,711 Cr

2,81,365 Cr

2,66,090 Cr

2,86,670 Cr

2,93,311 Cr

2,92,314 Cr

3,07,437 Cr

3,15,819 Cr

3,20,926 Cr

3,18,704 Cr

3,22,812 Cr

3,19,390 Cr

3,23,903 Cr

3,08,294 Cr

3,05,435 Cr

3,26,563 Cr

3,33,169 Cr

3,39,576 Cr

3,48,773 Cr

3,45,927 Cr

3,33,985 Cr

3,58,103 Cr

3,62,655 Cr

3,54,746 Cr

3,58,698 Cr

3,66,904 Cr

3,16,229 Cr

3,66,023 Cr

3,69,123 Cr