Axis Nifty Capital Markets Index Fund vs Tata NIFTY Capital Markets Index Fund
Direct Plan, Growth option · Data as on 30-10-2026
Axis Nifty Capital Markets Index Fund is an Index fund and Tata NIFTY Capital Markets Index Fund is an Index fund. Axis Nifty Capital Markets Index Fund charges 0.78% a year and Tata NIFTY Capital Markets Index Fund 0.64% (Direct plans). Their portfolios overlap 100.2%: they hold 17 of the same securities.
Axis Nifty Capital Markets Index Fund
Index
- Expense ratio
- 0.78%
- NAV
- ₹9.18
Tata NIFTY Capital Markets Index Fund
Index
- Expense ratio
- 0.64%
- NAV
- ₹13.99
Which is better, Axis Nifty Capital Markets Index or Tata NIFTY Capital Markets Index? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Tata NIFTY Capital Markets Index costs less: 0.64% a year against 0.78% (Direct plans).
- Axis Nifty Capital Markets Index fell less in its worst fall since 25-05-2026: −12.8% against −12.8%.
- Tata NIFTY Capital Markets Index is the larger fund: ₹964 Cr against ₹124 Cr.
- Their portfolios overlap 100.2%: 17 of the same holdings.
Past returns do not promise future returns. This page is information, not investment advice.
Key facts
From each fund's scheme summary document and AMFI
| Fact | Axis Nifty Capital Markets Index Fund | Tata NIFTY Capital Markets Index Fund |
|---|---|---|
| Fund house | Axis Mutual Fund | Tata Mutual Fund |
| Category | Index | Index |
| AUM | ₹124 Cr (30-09-2026) | ₹964 Cr (30-09-2026) |
| NAV | ₹9.18 (Direct) | ₹13.99 (Direct) |
| Expense ratio (Direct) | 0.78% | 0.64% |
| Expense ratio (Regular) | 1.53% | 1.24% |
| Riskometer | Very High | Very High |
| Benchmark | Nifty Capital Markets Index (TRI) | Nifty Capital Markets Index (TRI) |
| Launch date | 20-05-2026 | 24-10-2024 |
| Minimum investment | ₹100 | ₹5,000 |
| Lock in | None | None |
| Fund managers | Nandik Malik, Rohit Gautam | Nitin Sharma, Rakesh Prajapati |
| Exit load | Exit load of 0.25%, if redeemed within 15 Days. | 0.25% of the applicable NAV, if redeemed on or before 15 days from the date of allotment. |
Axis Nifty Capital Markets Index vs Tata NIFTY Capital Markets Index: Returns Comparison
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|---|---|
| Axis Nifty Capital Markets Index Fund (Direct) | +0.87% | −1.81% | -- | -- | -- | -- | -- |
| Tata NIFTY Capital Markets Index Fund (Direct) | +0.86% | −1.82% | −1.81% | +13.03% | -- | -- | -- |
Axis Nifty Capital Markets Index vs Tata NIFTY Capital Markets Index: Year-wise Returns
| Year | AxisAxis Nifty Capital Markets Index | TataTata NIFTY Capital Markets Index | Nifty Capital Markets TRI |
|---|---|---|---|
| 2026to date | -- | +10.40% | +10.91% |
| 2025 | -- | +15.70% | +16.48% |
Axis Nifty Capital Markets Index vs Tata NIFTY Capital Markets Index: Rolling Returns
Every holding period of both funds, against Nifty Capital Markets TRI, the benchmark of both
Axis Nifty Capital Markets Index vs Tata NIFTY Capital Markets Index: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Axis Nifty Capital Markets Index Fund (Direct) | Tata NIFTY Capital Markets Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | −19.44% | +18.59% |
| Standard deviation | 19.59% | 26.76% |
| Sharpe ratio | -1.26 | 0.48 |
| Sortino ratio | -1.74 | 0.72 |
| Maximum drawdown | −12.8% (23-10-2026) | −30.6% (13-03-2025) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.30% | −0.84% |
From daily NAVs, 25-05-2026 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
Drawdowns
How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.
Axis Nifty Capital Markets Index Fund (Direct)
Tata NIFTY Capital Markets Index Fund (Direct)
Nifty Capital Markets TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Axis Nifty Capital Markets Index Fund (Direct) | −12.8% | 26-05-2026 | 23-10-2026 | Not yet | -- | −9.3% |
| Tata NIFTY Capital Markets Index Fund (Direct) | −12.8% | 26-05-2026 | 23-10-2026 | Not yet | -- | −9.3% |
| Nifty Capital Markets TRI | −12.7% | 26-05-2026 | 23-10-2026 | Not yet | -- | −9.2% |
From daily values since 25-05-2026, the first day every fund has.
Axis Nifty Capital Markets Index vs Tata NIFTY Capital Markets Index: Portfolio Overlap
From each fund's latest monthly portfolio: Axis Nifty Capital Markets Index Fund, September 2026; Tata NIFTY Capital Markets Index Fund, September 2026
Holdings in common
- Overlap
- 100.2%
- Held by both
- 17
- Only in Axis Nifty Capital Markets Index
- 0
- Only in Tata NIFTY Capital Markets Index
- 0
| Security | % of Axis Nifty Capital Markets Index | % of Tata NIFTY Capital Markets Index |
|---|---|---|
| BSE Limited | 20.02% | 20.02% |
| Multi Commodity Exchange of India Limited | 18.88% | 18.88% |
| HDFC Asset Management Company Limited | 10.44% | 10.44% |
| 360 One WAM Limited | 6.07% | 6.07% |
| Billionbrains Garage Ventures Ltd | 5.90% | 5.90% |
| Central Depository Services (India) Limited | 5.05% | 5.05% |
| Anand Rathi Wealth Limited | 4.35% | 4.35% |
| Nippon Life India Asset Management Limited | 4.33% | 4.33% |
| ICICI Prudential Asset Management Company Limited | 4.11% | 4.11% |
| Angel One Limited | 4.01% | 4.01% |
| Computer Age Management Services Limited | 3.62% | 3.62% |
| Motilal Oswal Financial Services Limited | 3.54% | 3.54% |
| Nuvama Wealth Management Limited | 2.99% | 2.99% |
| KFin Technologies Limited | 2.52% | 2.52% |
| Indian Energy Exchange Limited | 1.91% | 1.91% |
| Aditya Birla Sun Life AMC Limited | 1.63% | 1.63% |
| UTI Asset Management Company Limited | 0.83% | 0.83% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 100.2% means 100.2% of each fund's money sits in positions the other also holds. Matched by ISIN. Cash and hedged positions are left out.
Largest holdings only in Axis Nifty Capital Markets Index Fund
Every holding of this fund is also held by the other.
Largest holdings only in Tata NIFTY Capital Markets Index Fund
Every holding of this fund is also held by the other.
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Axis Nifty Capital Markets Index | Tata NIFTY Capital Markets Index |
|---|---|---|
| Equity | 100.2% | 100.2% |
| Debt | 0.0% | 0.0% |
| Cash and others | -0.2% | -0.2% |
Market cap of stocks
| Market cap | Axis Nifty Capital Markets Index | Tata NIFTY Capital Markets Index |
|---|---|---|
| Large Cap | 40.5% | 40.5% |
| Mid Cap | 32.8% | 32.8% |
| Small Cap | 26.9% | 26.9% |
Share of the whole fund. Groups follow AMFI's latest list: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.
Largest sectors
| Sector | Axis Nifty Capital Markets Index | Tata NIFTY Capital Markets Index |
|---|---|---|
| Capital Markets | 100.2% | 100.2% |
The six largest sectors of each fund's stocks, % of the fund.
Axis Nifty Capital Markets Index vs Tata NIFTY Capital Markets Index: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Axis Nifty Capital Markets Index Fund | Tata NIFTY Capital Markets Index Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.78% | 0.64% |
| Base expense ratio (Direct) | 0.20% | 0.36% |
| Total expense ratio (Regular) | 1.53% | 1.24% |
| Base expense ratio (Regular) | 0.90% | 0.90% |
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, transaction costs, and levies with GST.
Axis Nifty Capital Markets Index Fund vs Tata NIFTY Capital Markets Index Fund: Frequently Asked Questions
What is the difference between Axis Nifty Capital Markets Index Fund and Tata NIFTY Capital Markets Index Fund?
Axis Nifty Capital Markets Index Fund is an Index fund, Tata NIFTY Capital Markets Index Fund is an Index fund, run by Axis Mutual Fund and Tata Mutual Fund. Their portfolios overlap 100.2%. Axis Nifty Capital Markets Index Fund charges 0.78% a year and Tata NIFTY Capital Markets Index Fund 0.64%.
Which has the lower expense ratio, Axis Nifty Capital Markets Index Fund or Tata NIFTY Capital Markets Index Fund?
Tata NIFTY Capital Markets Index Fund charges less: 0.64% a year against 0.78%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Axis Nifty Capital Markets Index Fund and Tata NIFTY Capital Markets Index Fund overlap?
100.2%. They hold 17 of the same securities, the largest shared ones being BSE, MCX, HDFCAMC. From each fund's latest monthly portfolio.
Which is riskier, Axis Nifty Capital Markets Index Fund or Tata NIFTY Capital Markets Index Fund?
On SEBI's riskometer, Axis Nifty Capital Markets Index Fund is rated Very High and Tata NIFTY Capital Markets Index Fund Very High. Over their common history, the standard deviation of daily returns was 19.59% and 26.76% a year.
Can I invest in both Axis Nifty Capital Markets Index Fund and Tata NIFTY Capital Markets Index Fund?
Yes. 100.2% of each fund's money sits in the same holdings, so a large part of the two investments would move together.
Who manages Axis Nifty Capital Markets Index Fund and Tata NIFTY Capital Markets Index Fund?
Axis Nifty Capital Markets Index Fund: Nandik Malik, Rohit Gautam. Tata NIFTY Capital Markets Index Fund: Nitin Sharma, Rakesh Prajapati.
Sources: NAV and expense ratio from AMFI. Holdings from each fund house's monthly portfolio statement. Fund facts from each scheme summary document.
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.