Which funds are similar to Axis Nifty50 Equal Weight Index Fund Direct-Growth?
Funds similar to Axis Nifty50 Equal Weight Index Fund Direct-Growth in the Equity: Large Cap category are listed in the Similar Funds tab, selected based on same category and benchmark index.
How does Axis Nifty50 Equal Weight Index Fund Direct-Growth compare to the category average?
The comparison of Axis Nifty50 Equal Weight Index Fund Direct-Growth against the Equity: Large Cap category average — returns, alpha, beta and Sharpe — is shown in the Category vs Scheme Returns section at the top of the Similar Funds tab.
What is the rank of Axis Nifty50 Equal Weight Index Fund Direct-Growth in its category?
The rank of Axis Nifty50 Equal Weight Index Fund Direct-Growth within the Equity: Large Cap category is shown in the Trailing Returns section on the Performance tab and the Similar Funds tab.
What are the alternatives to Axis Nifty50 Equal Weight Index Fund Direct-Growth?
Top alternatives to Axis Nifty50 Equal Weight Index Fund Direct-Growth in the Equity: Large Cap category, sorted by AUM, are listed in the Similar Funds tab. Funds tracking the same benchmark — NIFTY 50 Equal Weight Total Return Index — are also listed separately.
How does Axis Nifty50 Equal Weight Index Fund Direct-Growth's expense ratio compare to similar funds?
The expense ratio comparison across funds in the Equity: Large Cap category is in the Similar Funds tab. Always compare expense ratios — especially for passive and index funds.
How does Axis Nifty50 Equal Weight Index Fund Direct-Growth's AUM compare to similar funds?
The AUM comparison across similar funds in the Equity: Large Cap category is in the Similar Funds tab.
Which fund has the best 3-year returns in the Equity: Large Cap category?
The top-performing funds by 3-year returns in the Equity: Large Cap category can be found by sorting the Similar Funds comparison table by the 3Y column.
Is Axis Nifty50 Equal Weight Index Fund Direct-Growth better than index funds in the same category?
Whether Axis Nifty50 Equal Weight Index Fund Direct-Growth beats index funds in the Equity: Large Cap category can be assessed by comparing its trailing returns against the benchmark returns in the Performance tab. Historically, active funds in India have shown mixed results vs index funds — large cap active funds tend to underperform index funds over 10 years, while mid/small cap active managers have often added alpha.
How does Axis Nifty50 Equal Weight Index Fund Direct-Growth rank in risk-adjusted returns vs peers?
Risk-adjusted performance of Axis Nifty50 Equal Weight Index Fund Direct-Growth using Sharpe ratio, alpha and beta relative to category peers is shown in the Alpha, Beta & Sharpe section of the Performance tab.
Are there any funds tracking NIFTY 50 Equal Weight Total Return Index with lower costs?
Funds tracking the same benchmark as Axis Nifty50 Equal Weight Index Fund Direct-Growth — NIFTY 50 Equal Weight Total Return Index — are listed in the Similar Funds tab. Compare their expense ratios to find the most cost-efficient option for the same index exposure.