Top Nifty 50 Equal Weight Index Mutual Funds (2026)
Ranked by expense ratio, lowest first, Direct plans, as on the latest NAV · AUM as on 30-09-2026
There are 8 Nifty 50 Equal Weight Index mutual funds. Their average 3 year return is 11.3% a year, and −5.1% over the last year. The lowest expense ratio: ICICI Prudential Nifty50 Equal Weight Index Fund, 0.38% a year. The highest 3 year returns: DSP Nifty 50 Equal Weight Index Fund 11.3%, Aditya Birla Sun Life Nifty 50 Equal Weight index Fund 11.3%, HDFC NIFTY50 Equal weight Index Fund 11.3%.
- Total AUM
- ₹6,336 Cr
- As on 30-09-2026
- Funds
- 8
- From 8 fund houses
- Expense ratio
- 0.38% to 1.25%
- Direct plans, lowest to highest
- Average 3Y return
- 11.3%
- A year, Direct plans
All Nifty 50 Equal Weight Index Funds
Ranked by expense ratio, lowest first
Ranked by expense ratio, lowest first
| Exit load | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| ICICI Prudential Nifty50 Equal Weight Index Fund | 1 | 267 | −5.19% | +11.22% | -- | -- | -- | 0.38% | None | 13.54% |
| Aditya Birla Sun Life Nifty 50 Equal Weight index Fund | 2 | 513 | −5.13% | +11.28% | +10.33% | -- | Very High | 0.42% | None | 13.58% |
| UTI Nifty50 Equal Weight Index Fund | 3 | 147 | −5.10% | +11.15% | -- | -- | Very High | 0.45% | None | 13.58% |
| HDFC NIFTY50 Equal weight Index Fund | 4 | 1,705 | −5.21% | +11.28% | +10.37% | -- | Very High | 0.46% | None | 13.59% |
| DSP Nifty 50 Equal Weight Index Fund | 5 | 2,550 | −5.08% | +11.33% | +10.45% | -- | Very High | 0.49% | None | 13.58% |
| SBI Nifty50 Equal Weight Index Fund | 6 | 995 | −5.24% | -- | -- | -- | Very High | 0.50% | 0.25% within 15 days | -- |
| Kotak Nifty 50 Equal Weight Index Fund | 7 | 71 | −4.82% | -- | -- | -- | Very High | 0.51% | None | -- |
| Axis Nifty50 Equal Weight Index Fund | 8 | 87 | -- | -- | -- | -- | Very High | 1.25% | 0.25% within 15 days | -- |
Returns of each fund's Direct plan (its only plan where it has one), as on the latest NAV. 3, 5 and 10 year figures are a rate a year. Std dev: how much the daily returns swung over 3 years, as a yearly figure; lower is steadier. Riskometer and exit load from the fund's scheme summary document; "Varies" means the load changes with how long you hold, and the fund page has the full wording. Expense ratio: Direct plan, from AMFI. AUM at the end of the fund's last reported month. Ranked by expense ratio: funds that copy one index or hold one metal differ mainly in cost. A fund with no expense ratio on file has no rank.
Compare Nifty 50 Equal Weight Index Funds
The largest funds of the category, side by side
- DSP Nifty 50 Equal Weight Index vs HDFC NIFTY50 Equal weight Index
- DSP Nifty 50 Equal Weight Index vs SBI Nifty50 Equal Weight Index
- DSP Nifty 50 Equal Weight Index vs Aditya Birla Sun Life Nifty 50 Equal Weight index
- HDFC NIFTY50 Equal weight Index vs SBI Nifty50 Equal Weight Index
- HDFC NIFTY50 Equal weight Index vs Aditya Birla Sun Life Nifty 50 Equal Weight index
- SBI Nifty50 Equal Weight Index vs Aditya Birla Sun Life Nifty 50 Equal Weight index
How Nifty 50 Equal Weight Index Funds Are Taxed
As equity funds: 65% or more of each fund is in Indian stocks
| When you sell | Tax on the gain |
|---|---|
| Within 1 year | 20% of the gain (short term) |
| After 1 year | 12.5% of gains above ₹1.25 lakh a financial year (long term) |
- IDCW (dividend) payouts are added to your income and taxed at your slab rate.
- A stamp duty of 0.005% is deducted when you invest.
Rules in force from 23-07-2024 (Finance Act 2024). Tax depends on your own income; this is general information, not tax advice.
What Is a Nifty 50 Equal Weight Index Fund?
Index funds that copy the Nifty 50 Equal Weight: the Nifty 50 companies, each held at an equal share. Funds that follow one index hold nearly the same stocks, so cost and how closely they track it matter most.
Other index categories: Nifty 50 Index · Nifty Next 50 Index · Nifty Midcap 150 Index · Nifty Smallcap 250 Index · BSE Sensex Index · Nifty 500 Index · Nifty Bank Index · Nifty IT Index · Nifty200 Momentum 30 Index · Nifty LargeMidcap 250 Index
Nifty 50 Equal Weight Index Funds: Frequently Asked Questions
Which are the top Nifty 50 Equal Weight Index mutual funds?
Funds that follow the same index or hold the same metal earn nearly the same return, so the lowest cost matters most. By expense ratio: 1. ICICI Prudential Nifty50 Equal Weight Index Fund (0.38%), 2. Aditya Birla Sun Life Nifty 50 Equal Weight index Fund (0.42%), 3. UTI Nifty50 Equal Weight Index Fund (0.45%), 4. HDFC NIFTY50 Equal weight Index Fund (0.46%), 5. DSP Nifty 50 Equal Weight Index Fund (0.49%).
How many Nifty 50 Equal Weight Index funds are there?
8 Nifty 50 Equal Weight Index funds are open for investment, from 8 fund houses.
What is a Nifty 50 Equal Weight Index fund?
Index funds that copy the Nifty 50 Equal Weight: the Nifty 50 companies, each held at an equal share. Funds that follow one index hold nearly the same stocks, so cost and how closely they track it matter most.
What is the average return of Nifty 50 Equal Weight Index funds?
1 year: -5.1%, 3 years: 11.3% a year, 5 years: 10.4% a year. The simple average of every Nifty 50 Equal Weight Index fund's Direct plan.
Which Nifty 50 Equal Weight Index fund has the lowest expense ratio?
ICICI Prudential Nifty50 Equal Weight Index Fund, at 0.38% a year (Direct plan), as reported to AMFI.
Which is the largest Nifty 50 Equal Weight Index fund?
DSP Nifty 50 Equal Weight Index Fund, with ₹2,550 Cr of investors' money on 30-09-2026.
How are Nifty 50 Equal Weight Index funds taxed?
As equity funds: gains on units sold within 1 year are taxed at 20%; after that, gains above ₹1.25 lakh a financial year are taxed at 12.5%.
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.