Axis Nifty50 Equal Weight Index Fund vs Axis Quant Fund
Direct Plan, Growth option · Data as on 30-10-2026
Axis Nifty50 Equal Weight Index Fund is an Index fund and Axis Quant Fund is a Thematic fund. Axis Nifty50 Equal Weight Index Fund charges 1.25% a year and Axis Quant Fund 2.72% (Direct plans). Their portfolios overlap 28.1%: they hold 14 of the same securities.
Axis Nifty50 Equal Weight Index Fund
Index
- Expense ratio
- 1.25%
- NAV
- ₹9.58
Which is better, Axis Nifty50 Equal Weight Index or Axis Quant? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Axis Nifty50 Equal Weight Index costs less: 1.25% a year against 2.72% (Direct plans).
- Axis Nifty50 Equal Weight Index fell less in its worst fall since 28-07-2026: −11.4% against −13.5%.
- Axis Nifty50 Equal Weight Index holds more in large companies: 96.3% of the fund in large caps against 76.0%.
- Axis Quant is the larger fund: ₹768 Cr against ₹87 Cr.
- Their portfolios overlap 28.1%: 14 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 Nifty50 Equal Weight Index Fund | Axis Quant Fund |
|---|---|---|
| Fund house | Axis Mutual Fund | Axis Mutual Fund |
| Category | Index | Thematic |
| AUM | ₹87 Cr (30-09-2026) | ₹768 Cr (30-09-2026) |
| NAV | ₹9.58 (Direct) | ₹15.87 (Direct) |
| Expense ratio (Direct) | 1.25% | 2.72% |
| Expense ratio (Regular) | 2.04% | 4.11% |
| Riskometer | Very High | Very High |
| Benchmark | NIFTY 50 Equal Weight Index | BSE 200 TRI |
| Launch date | 23-07-2026 | 01-07-2021 |
| Minimum investment | ₹100 | ₹100 |
| Lock in | None | None |
| Fund managers | Nandik Malik, Rohit Gautam | Nandik Malik, Krishnaa N |
| Exit load | Exit load of 0.25%, if redeemed within 15 days. | Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 3 months. |
Axis Nifty50 Equal Weight Index vs Axis Quant: 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 Nifty50 Equal Weight Index Fund (Direct) | +0.97% | −6.17% | -- | -- | -- | -- | -- |
| Axis Quant Fund (Direct) | −3.17% | −10.03% | −3.82% | −6.59% | +7.21% | +7.35% | -- |
| Thematic average | −2.09% | −4.52% | +0.86% | −1.22% | +13.76% | +11.62% | -- |
Category average: the average of the 235 Thematic funds, same plan type.
Axis Nifty50 Equal Weight Index vs Axis Quant: Year-wise Returns
| Year | Nifty50 Equal Weight IndexAxis Nifty50 Equal Weight Index | QuantAxis Quant |
|---|---|---|
| 2026to date | -- | −9.37% |
| 2025 | -- | +2.46% |
| 2024 | -- | +15.32% |
| 2023 | -- | +32.80% |
| 2022 | -- | −1.06% |
Axis Nifty50 Equal Weight Index vs Axis Quant: Rolling Returns
Every holding period of both funds, against NIFTY50 Equal Weight TRI, the benchmark of Axis Nifty50 Equal Weight Index Fund
Axis Nifty50 Equal Weight Index vs Axis Quant: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Axis Nifty50 Equal Weight Index Fund (Direct) | Axis Quant Fund (Direct) |
|---|---|---|
| Return (CAGR) | −18.47% | +8.88% |
| Standard deviation | 11.70% | 14.06% |
| Sharpe ratio | -2.03 | 0.23 |
| Sortino ratio | -2.64 | 0.31 |
| Maximum drawdown | −11.4% (08-10-2026) | −23.0% (04-03-2025) |
| Beta | 1.00 | 0.95 |
| Alpha | −0.20% | −0.81% |
From daily NAVs, 28-07-2026 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 Nifty50 Equal Weight Index Fund (Direct)
Axis Quant Fund (Direct)
NIFTY50 Equal Weight TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Axis Nifty50 Equal Weight Index Fund (Direct) | −11.4% | 03-08-2026 | 08-10-2026 | Not yet | -- | −8.1% |
| Axis Quant Fund (Direct) | −13.5% | 03-08-2026 | 23-10-2026 | Not yet | -- | −12.4% |
| NIFTY50 Equal Weight TRI | −11.3% | 03-08-2026 | 08-10-2026 | Not yet | -- | −8.0% |
From daily values since 28-07-2026, the first day every fund has.
Axis Nifty50 Equal Weight Index vs Axis Quant: Portfolio Overlap
From each fund's latest monthly portfolio: Axis Nifty50 Equal Weight Index Fund, September 2026; Axis Quant Fund, September 2026
Holdings in common
- Overlap
- 28.1%
- Held by both
- 14
- Only in Axis Nifty50 Equal Weight Index
- 36
- Only in Axis Quant
- 14
| Security | % of Axis Nifty50 Equal Weight Index | % of Axis Quant |
|---|---|---|
| InterGlobe Aviation Limited | 2.07% | 3.77% |
| Infosys Limited | 2.04% | 3.11% |
| Adani Enterprises Limited | 2.04% | 5.04% |
| Shriram Finance Limited | 2.03% | 3.46% |
| Tata Consultancy Services Limited | 2.02% | 3.20% |
| Bajaj Finserv Limited | 2.01% | 2.48% |
| Tata Motors Passenger Vehicles Limited | 2.00% | 2.98% |
| Mahindra & Mahindra Limited | 2.00% | 3.21% |
| Eicher Motors Limited | 1.99% | 4.12% |
| Reliance Industries Limited | 1.99% | 3.48% |
| Larsen & Toubro Limited | 1.99% | 3.38% |
| HDFC Bank Limited | 1.98% | 3.23% |
| Bajaj Finance Limited | 1.98% | 3.58% |
| Jio Financial Services Limited | 1.96% | 3.39% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 28.1% means 28.1% 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 Nifty50 Equal Weight Index Fund
| Security | % of fund |
|---|---|
| Kotak Mahindra Bank Limited | 2.12% |
| Dr. Reddy's Laboratories Limited | 2.11% |
| Adani Ports and Special Economic Zone Limited | 2.06% |
| Axis Bank Limited | 2.06% |
| Coal India Limited | 2.05% |
Largest holdings only in Axis Quant Fund
| Security | % of fund |
|---|---|
| Lodha Developers Limited | 4.40% |
| DLF Limited | 4.06% |
| The Indian Hotels Company Limited | 3.79% |
| Bajaj Holdings & Investment Limited | 3.79% |
| Bharat Petroleum Corporation Limited | 3.55% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Axis Nifty50 Equal Weight Index | Axis Quant |
|---|---|---|
| Equity | 100.3% | 87.4% |
| Debt | 0.0% | 9.1% |
| Cash and others | -0.3% | 3.5% |
Market cap of stocks
| Market cap | Axis Nifty50 Equal Weight Index | Axis Quant |
|---|---|---|
| Large Cap | 96.3% | 76.0% |
| Mid Cap | 4.0% | 11.4% |
| Small Cap | 0.0% | 0.0% |
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 Nifty50 Equal Weight Index | Axis Quant |
|---|---|---|
| Finance | 8.0% | 20.2% |
| Petroleum Products | 2.0% | 10.5% |
| Automobiles | 10.0% | 10.3% |
| Banks | 10.2% | 6.4% |
| IT - Software | 8.1% | 9.4% |
| Realty | 0.0% | 8.5% |
| Pharmaceuticals & Biotechnology | 6.1% | 0.0% |
| Insurance | 4.0% | 0.0% |
The six largest sectors of each fund's stocks, % of the fund.
Axis Nifty50 Equal Weight Index vs Axis Quant: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Axis Nifty50 Equal Weight Index Fund | Axis Quant Fund |
|---|---|---|
| Total expense ratio (Direct) | 1.25% | 2.72% |
| Base expense ratio (Direct) | 0.20% | 0.84% |
| Total expense ratio (Regular) | 2.04% | 4.11% |
| Base expense ratio (Regular) | 0.90% | 2.03% |
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.
More comparisons
Each fund against the others of its category
Axis Nifty50 Equal Weight Index Fund vs Axis Quant Fund: Frequently Asked Questions
What is the difference between Axis Nifty50 Equal Weight Index Fund and Axis Quant Fund?
Axis Nifty50 Equal Weight Index Fund is an Index fund, Axis Quant Fund is a Thematic fund, run by Axis Mutual Fund. Their portfolios overlap 28.1%. Axis Nifty50 Equal Weight Index Fund charges 1.25% a year and Axis Quant Fund 2.72%.
Which has the lower expense ratio, Axis Nifty50 Equal Weight Index Fund or Axis Quant Fund?
Axis Nifty50 Equal Weight Index Fund charges less: 1.25% a year against 2.72%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Axis Nifty50 Equal Weight Index Fund and Axis Quant Fund overlap?
28.1%. They hold 14 of the same securities, the largest shared ones being INDIGO, INFY, ADANIENT. From each fund's latest monthly portfolio.
Which is riskier, Axis Nifty50 Equal Weight Index Fund or Axis Quant Fund?
On SEBI's riskometer, Axis Nifty50 Equal Weight Index Fund is rated Very High and Axis Quant Fund Very High. Over their common history, the standard deviation of daily returns was 11.70% and 14.06% a year.
Can I invest in both Axis Nifty50 Equal Weight Index Fund and Axis Quant Fund?
Yes. 28.1% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages Axis Nifty50 Equal Weight Index Fund and Axis Quant Fund?
Axis Nifty50 Equal Weight Index Fund: Nandik Malik, Rohit Gautam. Axis Quant Fund: Nandik Malik, Krishnaa N.
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.