IndexDirect and Regular plans, Growth option
Data as on 30-10-2026
Axis Nifty50 Equal Weight Index Fund is a mutual fund run by Axis Mutual Fund. On 30-09-2026, it managed ₹87 Cr of investors' money.
NAV on 30-10-2026: Direct Plan Growth ₹9.58 (up 0.49% that day); Regular Plan Growth ₹9.56 (up 0.49% that day).
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
| Period | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|---|---|
| This fund (Direct) | +0.97% | −6.17% | -- | -- | -- | -- | -- |
| This fund (Regular) | +0.91% | −6.36% | -- | -- | -- | -- | -- |
| NIFTY50 Equal Weight TRI | +1.00% | −6.11% | −2.62% | −4.76% | +11.83% | +10.94% | -- |
| Category average | -- | -- | -- | -- | -- | -- | -- |
| Best in category | -- | -- | -- | -- | -- | -- | -- |
| Worst in category | -- | -- | -- | -- | -- | -- | -- |
| Rank in category | -- | -- | -- | -- | -- | -- | -- |
No category comparison is shown: this fund's category is too broad to compare, or has fewer than five funds.
What each plan charges a year, in force from 22-10-2026
| Plan | Base expense ratio | Brokerage | Transaction costs | Levies and GST | Total expense ratio |
|---|---|---|---|---|---|
| Direct | 0.20% | 0.19% | 0.00% | 0.86% | 1.25% |
| Regular | 0.90% | 0.19% | 0.00% | 0.95% | 2.04% |
The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, the cost of executing trades, and statutory levies with GST. From AMFI's expense ratio file.
Asset allocation as on 30-09-2026
100.3%Equity
| Asset | Fund |
|---|---|
| Equity | 100.3% |
| Cash and others | −0.3% |
Cash and others is below 0: on that day the fund owed more in payments due than it held in cash.
| Market cap | Fund |
|---|---|
| Large Cap | 96.3% |
| Mid Cap | 4.0% |
| Small Cap | 0.0% |
Share of the whole fund. Groups follow AMFI's latest list, as SEBI defines them: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.
Sector allocation of the fund's stocks as on 30-09-2026
Banks10.2%
Automobiles10.0%
IT - Software8.1%
Finance8.0%
Pharmaceuticals & Biotechnology6.1%
Insurance4.0%
Ferrous Metals4.0%
Power4.0%
Diversified FMCG4.0%
Cement & Cement Products4.0%
The ten largest of 26 sectors. The other 16 add up to 37.8%.
| Sector | July 2026 | August 2026 | September 2026 | Change |
|---|---|---|---|---|
| Banks | 9.4% | 9.7% | 10.2% | +0.8% |
| Automobiles | 10.5% | 10.3% | 10.0% | −0.5% |
| IT - Software | 10.9% | 10.9% | 8.1% | −2.8% |
| Finance | 8.6% | 8.4% | 8.0% | −0.6% |
| Pharmaceuticals & Biotechnology | 5.8% | 5.7% | 6.1% | +0.3% |
Each sector's share of the fund at the end of each month. The five largest sectors of September 2026. Change: from July 2026 to September 2026, in % of the fund.
As on 30-09-2026 · 50 holdings · from the fund house's monthly portfolio
| Holdings | Sector | Weight% | Holdings trend | 1M change |
|---|---|---|---|---|
| Kotak Mahindra Bank Limited | Banks | 2.12% | −7.4% | |
| Dr. Reddy's Laboratories Limited | Pharmaceuticals & Biotechnology | 2.11% | +1.9% | |
| InterGlobe Aviation Limited | Transport Services | 2.07% | −2.9% | |
| Adani Ports and Special Economic Zone Limited | Transport Infrastructure | 2.06% | −7.1% | |
| Axis Bank Limited | Banks | 2.06% | +4.4% | |
| Coal India Limited | Consumable Fuels | 2.05% | −4.5% | |
| Infosys Limited | IT - Software | 2.04% | −2.6% | |
| Maruti Suzuki India Limited | Automobiles | 2.04% | +1.2% | |
| Adani Enterprises Limited | Metals & Minerals Trading | 2.04% | −3.6% | |
| ICICI Bank Limited | Banks | 2.04% | −4.6% | |
| NTPC Limited | Power | 2.03% | +0.8% | |
| Shriram Finance Limited | Finance | 2.03% | −5.5% | |
| Bharat Electronics Limited | Aerospace & Defense | 2.03% | −3.2% | |
| Trent Limited | Retailing | 2.02% | +12.1% | |
| HDFC Life Insurance Company Limited | Insurance | 2.02% | +2.7% | |
| Tech Mahindra Limited | IT - Software | 2.02% | −13.0% | |
| Asian Paints Limited | Consumer Durables | 2.02% | +0.6% | |
| UltraTech Cement Limited | Cement & Cement Products | 2.02% | −5.6% | |
| Tata Consultancy Services Limited | IT - Software | 2.02% | −6.7% | |
| Bharti Airtel Limited | Telecom - Services | 2.02% | −3.7% | |
| Bajaj Finserv Limited | Finance | 2.01% | −7.3% | |
| HCL Technologies Limited | IT - Software | 2.01% | −18.4% | |
| JSW Steel Limited | Ferrous Metals | 2.01% | −11.2% | |
| Tata Steel Limited | Ferrous Metals | 2.01% | −6.8% | |
| Sun Pharmaceutical Industries Limited | Pharmaceuticals & Biotechnology | 2.01% | −6.8% | |
| ITC Limited | Diversified FMCG | 2.01% | −1.1% | |
| State Bank of India | Banks | 2.00% | −3.0% | |
| Tata Motors Passenger Vehicles Limited | Automobiles | 2.00% | +10.9% | |
| SBI Life Insurance Company Limited | Insurance | 2.00% | −6.5% | |
| Mahindra & Mahindra Limited | Automobiles | 2.00% | −7.0% | |
| Hindustan Unilever Limited | Diversified FMCG | 1.99% | +2.4% | |
| Eicher Motors Limited | Automobiles | 1.99% | −5.2% | |
| Reliance Industries Limited | Petroleum Products | 1.99% | −1.3% | |
| BSE Limited | Capital Markets | 1.99% | New | |
| Larsen & Toubro Limited | Construction | 1.99% | −0.6% | |
| Hindalco Industries Limited | Non - Ferrous Metals | 1.98% | −7.9% | |
| Bajaj Auto Limited | Automobiles | 1.98% | −20.3% | |
| Power Grid Corporation of India Limited | Power | 1.98% | −0.5% | |
| HDFC Bank Limited | Banks | 1.98% | −0.6% | |
| Bajaj Finance Limited | Finance | 1.98% | −8.4% | |
| Tata Consumer Products Limited | Agricultural Food & other Products | 1.98% | +2.9% | |
| Nestle India Limited | Food Products | 1.97% | −6.5% | |
| Cipla Limited | Pharmaceuticals & Biotechnology | 1.97% | −5.3% | |
| Oil & Natural Gas Corporation Limited | Oil | 1.97% | −6.2% | |
| Grasim Industries Limited | Cement & Cement Products | 1.97% | −9.7% | |
| Jio Financial Services Limited | Finance | 1.96% | −3.0% | |
| Eternal Limited | Retailing | 1.96% | −29.5% | |
| Titan Company Limited | Consumer Durables | 1.93% | −18.4% | |
| Apollo Hospitals Enterprise Limited | Healthcare Services | 1.89% | −11.1% | |
| Max Healthcare Institute Limited | Healthcare Services | 1.88% | −1.7% |
All changes are between August 2026 and September 2026
| Eternal Limited | Reduced | −29.5% | 1.96% |
|---|---|---|---|
| Bajaj Auto Limited | Reduced | −20.3% | 1.98% |
| Titan Company Limited | Reduced | −18.4% | 1.93% |
| HCL Technologies Limited | Reduced | −18.4% | 2.01% |
| Tata Consultancy Services Limited | Reduced | −6.7% | 2.02% |
| Bajaj Finserv Limited | Reduced | −7.3% | 2.01% |
| Tech Mahindra Limited | Reduced | −13.0% | 2.02% |
| Shriram Finance Limited | Reduced | −5.5% | 2.03% |
| Nestle India Limited | Reduced | −6.5% | 1.97% |
| Grasim Industries Limited | Reduced | −9.7% | 1.97% |
| Kotak Mahindra Bank Limited | Reduced | −7.4% | 2.12% |
| Infosys Limited | Reduced | −2.6% | 2.04% |
| Dr. Reddy's Laboratories Limited | Added | +1.9% | 2.11% |
| Mahindra & Mahindra Limited | Reduced | −7.0% | 2.00% |
| JSW Steel Limited | Reduced | −11.2% | 2.01% |
| Bajaj Finance Limited | Reduced | −8.4% | 1.98% |
| Sun Pharmaceutical Industries Limited | Reduced | −6.8% | 2.01% |
| ICICI Bank Limited | Reduced | −4.6% | 2.04% |
| Wipro Limited | Sold out | −100% | was 2.08% |
| InterGlobe Aviation Limited | Reduced | −2.9% | 2.07% |
| Eicher Motors Limited | Reduced | −5.2% | 1.99% |
| Axis Bank Limited | Added | +4.4% | 2.06% |
| Adani Ports and Special Economic Zone Limited | Reduced | −7.1% | 2.06% |
| Coal India Limited | Reduced | −4.5% | 2.05% |
| Hindalco Industries Limited | Reduced | −7.9% | 1.98% |
| Adani Enterprises Limited | Reduced | −3.6% | 2.04% |
| Apollo Hospitals Enterprise Limited | Reduced | −11.1% | 1.89% |
| Maruti Suzuki India Limited | Added | +1.2% | 2.04% |
| Bharat Electronics Limited | Reduced | −3.2% | 2.03% |
| NTPC Limited | Added | +0.8% | 2.03% |
| Asian Paints Limited | Added | +0.6% | 2.02% |
| Bharti Airtel Limited | Reduced | −3.7% | 2.02% |
| UltraTech Cement Limited | Reduced | −5.6% | 2.02% |
| HDFC Life Insurance Company Limited | Added | +2.7% | 2.02% |
| Trent Limited | Added | +12.1% | 2.02% |
| State Bank of India | Reduced | −3.0% | 2.00% |
| Tata Steel Limited | Reduced | −6.8% | 2.01% |
| ITC Limited | Reduced | −1.1% | 2.01% |
| SBI Life Insurance Company Limited | Reduced | −6.5% | 2.00% |
| Tata Motors Passenger Vehicles Limited | Added | +10.9% | 2.00% |
| Reliance Industries Limited | Reduced | −1.3% | 1.99% |
| Larsen & Toubro Limited | Reduced | −0.6% | 1.99% |
| Hindustan Unilever Limited | Added | +2.4% | 1.99% |
| BSE Limited | New | New | 1.99% |
| HDFC Bank Limited | Reduced | −0.6% | 1.98% |
| Tata Consumer Products Limited | Added | +2.9% | 1.98% |
| Power Grid Corporation of India Limited | Reduced | −0.5% | 1.98% |
| Jio Financial Services Limited | Reduced | −3.0% | 1.96% |
| Cipla Limited | Reduced | −5.3% | 1.97% |
| Oil & Natural Gas Corporation Limited | Reduced | −6.2% | 1.97% |
| Max Healthcare Institute Limited | Reduced | −1.7% | 1.88% |
No stocks in this group for September 2026.
A change is counted by the number of shares the fund holds, not by price. A stock can become a smaller part of the fund in a month when the fund bought more of it, if its price fell. Debt papers are left out.
Funds with the most similar portfolios, across every fund house and category
| Fund | Overlap | Holdings in common | |
|---|---|---|---|
| Kotak Nifty 50 Equal Weight Index FundIndex · Kotak Mahindra | 100.3% | 50 | Compare |
| UTI Nifty50 Equal Weight Index FundIndex · UTI | 100.1% | 50 | Compare |
| Mirae Asset Nifty50 Equal Weight ETFETF · Mirae Asset | 100.0% | 50 | Compare |
| Aditya Birla Sun Life Nifty 50 Equal Weight index FundIndex · Aditya Birla Sun Life | 100.0% | 50 | Compare |
| SBI Nifty50 Equal Weight Index FundIndex · SBI | 100.0% | 50 | Compare |
| Motilal Oswal Nifty 50 Equal Weight ETFETF · Motilal Oswal | 100.0% | 50 | Compare |
| SBI Nifty50 Equal Weight ETFETF · SBI | 100.0% | 50 | Compare |
| DSP Nifty 50 Equal Weight ETFETF · DSP | 100.0% | 50 | Compare |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 40% means 40% of each fund's money sits in positions the other also holds. From each fund's latest monthly portfolio, matched by ISIN. Cash and hedged positions are left out. Funds that overlap under 10% are not listed. A high overlap does not make two funds the same: their costs, lock-in and category can differ.
Fund facts from the scheme summary document, as on 16-10-2026
Rules in force from 23-07-2024 (Finance Act 2024). Tax depends on your own income; this is general information, not tax advice.
| Plan | Option | NAV | As on |
|---|---|---|---|
| direct | Growth | ₹9.5794 | 30-10-2026 |
| regular | Growth | ₹9.5579 | 30-10-2026 |
Axis Nifty50 Equal Weight Index Fund is a mutual fund from Axis Mutual Fund. Its category is Index. It was launched on 23-07-2026. Its benchmark is NIFTY 50 Equal Weight Index. At the end of September 2026 it held 50 securities.
Nandik Malik
Fund manager of Axis Nifty50 Equal Weight Index Fund
Rohit Gautam
Fund manager of Axis Nifty50 Equal Weight Index Fund
See all funds of Axis Mutual Fund
AUM moves with money invested or taken out, and with the value of what the fund holds.
Returns, risk, costs and the stocks they share, side by side
The Direct plan NAV is ₹9.5794. The Regular plan NAV is ₹9.5579, as on 30-10-2026.
The Direct plan charges 1.25% a year. The Regular plan charges 2.04% a year. This is the figure the fund house reported to AMFI, in force from 22-10-2026.
Axis Nifty50 Equal Weight Index Fund managed ₹86.55 Cr on 30-09-2026, as its fund house reported in its monthly portfolio.
At the end of September 2026 the largest holdings were KOTAKBANK (2.12%), DRREDDY (2.11%), INDIGO (2.07%), ADANIPORTS (2.06%), AXISBANK (2.06%). The fund held 50 securities in all.
It bought 1 new stock: BSE Limited. It sold out of 1: Wipro Limited. It added shares in 10. It reduced 39.
Through Axis Mutual Fund's website or app, a mutual fund distributor, or an investment platform. Choose the Direct plan to pay no distributor commission, or the Regular plan to invest through a distributor. The first investment is at least ₹100. You can invest once or through a monthly SIP.
Nandik Malik, Rohit Gautam.
Exit load of 0.25%, if redeemed within 15 days.
Sources: NAV and expense ratio from AMFI. Holdings from the fund house's monthly portfolio statement. Fund facts from its scheme summary document, as on 16-10-2026.
This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.
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