Funds similar to Axis Nifty50 Equal Weight Index Fund Direct-Growth in the Equity: Large Cap category include ICICI Prudential Large Cap Fund Direct-Growth, SBI Large Cap Direct Plan-Growth, and Nippon India Large Cap Fund Direct-Growth. These funds follow a comparable investment mandate and are benchmarked against similar indices. You can compare them in detail — across returns, risk metrics, expense ratio, and portfolio composition — using the fund comparison tool on sharpely.

The category rank of Axis Nifty50 Equal Weight Index Fund Direct-Growth is shown in the Trailing Returns section above.

Axis Nifty50 Equal Weight Index Fund Direct-Growth has an expense ratio of 1.25%. The peers ICICI Prudential Large Cap Fund Direct-Growth has an expense ratio of 1.01% and SBI Large Cap Direct Plan-Growth has 0.89%. Over the long term, a higher expense ratio can meaningfully drag on returns, so it is worth evaluating whether the fund's performance justifies the additional cost.

Axis Nifty50 Equal Weight Index Fund Direct-Growth has an AUM of ₹86.55 crore. The peers ICICI Prudential Large Cap Fund Direct-Growth has an AUM of ₹76,352.2 crore and SBI Large Cap Direct Plan-Growth has ₹52,372.7 crore. A large AUM can sometimes limit a fund's ability to take meaningful positions in mid and small-cap stocks, as larger trades can move prices. This is particularly relevant for funds that invest outside large caps.

The top performing fund in the Equity: Large Cap category on a 3-year basis is Edelweiss Nifty Next 50 Index Fund Direct-Growth with a CAGR of 15.30% as of 22 Oct 2026. Axis Nifty50 Equal Weight Index Fund Direct-Growth has delivered - CAGR over the same period. You can view and compare the full category ranking on sharpely.

The Sharpe ratio of Axis Nifty50 Equal Weight Index Fund Direct-Growth is shown in the Alpha, Beta & Sharpe section on the Performance tab.