Axis Nifty500 Low Volatility 50 Index Fund vs Nippon India Nifty 500 Low Volatility 50 Index Fund
Direct Plan, Growth option · Data as on 30-10-2026
Axis Nifty500 Low Volatility 50 Index Fund is a mutual fund and Nippon India Nifty 500 Low Volatility 50 Index Fund is a mutual fund. Axis Nifty500 Low Volatility 50 Index Fund charges 15.55% a year and Nippon India Nifty 500 Low Volatility 50 Index Fund 0.63% (Direct plans). Their portfolios overlap 99.8%: they hold 50 of the same securities.
Axis Nifty500 Low Volatility 50 Index Fund
- Expense ratio
- 15.55%
- NAV
- ₹10.01
Nippon India Nifty 500 Low Volatility 50 Index Fund
- Expense ratio
- 0.63%
- NAV
- ₹10.33
Which is better, Axis Nifty500 Low Volatility 50 Index or Nippon India Nifty 500 Low Volatility 50 Index? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Nippon India Nifty 500 Low Volatility 50 Index costs less: 0.63% a year against 15.55% (Direct plans).
- Axis Nifty500 Low Volatility 50 Index fell less in its worst fall since 09-09-2026: −4.3% against −6.3%.
- Their portfolios overlap 99.8%: 50 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 Nifty500 Low Volatility 50 Index Fund | Nippon India Nifty 500 Low Volatility 50 Index Fund |
|---|---|---|
| Fund house | Axis Mutual Fund | Nippon India Mutual Fund |
| Category | Not available | Not available |
| AUM | Not available | ₹27 Cr (30-09-2026) |
| NAV | ₹10.01 (Direct) | ₹10.33 (Direct) |
| Expense ratio (Direct) | 15.55% | 0.63% |
| Expense ratio (Regular) | 16.38% | 1.23% |
| Riskometer | Not available | Not available |
| Benchmark | Not available | Not available |
| Launch date | Not available | Not available |
| Minimum investment | Not available | Not available |
| Lock in | Not available | Not available |
| Fund managers | Not available | Not available |
| Exit load | Not available | Not available |
Axis Nifty500 Low Volatility 50 Index vs Nippon India Nifty 500 Low Volatility 50 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 Nifty500 Low Volatility 50 Index Fund (Direct) | -- | -- | -- | -- | -- | -- | -- |
| Nippon India Nifty 500 Low Volatility 50 Index Fund (Direct) | +1.48% | −6.19% | −3.44% | −6.09% | -- | -- | -- |
Axis Nifty500 Low Volatility 50 Index vs Nippon India Nifty 500 Low Volatility 50 Index: Year-wise Returns
| Year | Axis Nifty500Axis Nifty500 Low Volatility 50 Index | Nippon India Nifty 500Nippon India Nifty 500 Low Volatility 50 Index | Nifty500 Low Volatility 50 TRI |
|---|---|---|---|
| 2026to date | -- | −7.07% | −6.63% |
Axis Nifty500 Low Volatility 50 Index vs Nippon India Nifty 500 Low Volatility 50 Index: Rolling Returns
Every holding period of both funds, against Nifty500 Low Volatility 50 TRI, the benchmark of both
Axis Nifty500 Low Volatility 50 Index vs Nippon India Nifty 500 Low Volatility 50 Index: Portfolio Overlap
From each fund's latest monthly portfolio: Axis Nifty500 Low Volatility 50 Index Fund, September 2026; Nippon India Nifty 500 Low Volatility 50 Index Fund, September 2026
Holdings in common
- Overlap
- 99.8%
- Held by both
- 50
- Only in Axis Nifty500 Low Volatility 50 Index
- 0
- Only in Nippon India Nifty 500 Low Volatility 50 Index
- 0
| Security | % of Axis Nifty500 Low Volatility 50 Index | % of Nippon India Nifty 500 Low Volatility 50 Index |
|---|---|---|
| State Bank of India | 4.98% | 4.97% |
| Sun Pharmaceutical Industries Limited | 4.92% | 4.92% |
| Tata Consultancy Services Limited | 4.91% | 4.91% |
| NTPC Limited | 4.88% | 4.88% |
| Bharti Airtel Limited | 4.78% | 4.78% |
| Power Grid Corporation of India Limited | 4.50% | 4.50% |
| Maruti Suzuki India Limited | 4.12% | 4.12% |
| UltraTech Cement Limited | 3.99% | 3.99% |
| Divi's Laboratories Limited | 3.86% | 3.86% |
| Bajaj Auto Limited | 3.84% | 3.83% |
| Apollo Hospitals Enterprise Limited | 3.48% | 3.48% |
| Coal India Limited | 3.14% | 3.14% |
| Asian Paints Limited | 2.97% | 2.97% |
| Torrent Pharmaceuticals Limited | 2.71% | 2.71% |
| Cipla Limited | 2.63% | 2.63% |
| Oil & Natural Gas Corporation Limited | 2.61% | 2.61% |
| Dr. Reddy's Laboratories Limited | 2.30% | 2.30% |
| Britannia Industries Limited | 2.17% | 2.17% |
| Tata Power Company Limited | 2.17% | 2.17% |
| Marico Limited | 2.09% | 2.09% |
| Eicher Motors Limited | 2.06% | 2.06% |
| The Federal Bank Limited | 2.06% | 2.05% |
| TVS Motor Company Limited | 2.02% | 2.02% |
| Tech Mahindra Limited | 1.98% | 1.98% |
| HDFC Life Insurance Company Limited | 1.94% | 1.94% |
| Lupin Limited | 1.91% | 1.90% |
| Pidilite Industries Limited | 1.71% | 1.71% |
| ICICI Lombard General Insurance Company Limited | 1.34% | 1.33% |
| United Spirits Limited | 1.17% | 1.17% |
| Indian Oil Corporation Limited | 1.07% | 1.07% |
| Wipro Limited | 1.05% | 1.05% |
| Zydus Lifesciences Limited | 0.97% | 0.97% |
| Godrej Consumer Products Limited | 0.89% | 0.89% |
| Max Financial Services Limited | 0.87% | 0.87% |
| Havells India Limited | 0.72% | 0.72% |
| Dabur India Limited | 0.68% | 0.68% |
| Colgate Palmolive (India) Limited | 0.66% | 0.66% |
| MRF Limited | 0.65% | 0.64% |
| Page Industries Limited | 0.64% | 0.64% |
| Castrol India Limited | 0.55% | 0.54% |
| Life Insurance Corporation Of India | 0.49% | 0.49% |
| Indian Railway Catering And Tourism Corporation Limited | 0.49% | 0.48% |
| Ambuja Cements Limited | 0.48% | 0.48% |
| ICICI Prudential Life Insurance Company Limited | 0.48% | 0.48% |
| SBI Cards and Payment Services Limited | 0.39% | 0.39% |
| PI Industries Limited | 0.38% | 0.38% |
| Star Health And Allied Insurance Company Limited | 0.36% | 0.36% |
| Bajaj Housing Finance Limited | 0.31% | 0.31% |
| ACC Limited | 0.25% | 0.25% |
| Tata Technologies Limited | 0.21% | 0.21% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 99.8% means 99.8% 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 Nifty500 Low Volatility 50 Index Fund
Every holding of this fund is also held by the other.
Largest holdings only in Nippon India Nifty 500 Low Volatility 50 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 Nifty500 Low Volatility 50 Index | Nippon India Nifty 500 Low Volatility 50 Index |
|---|---|---|
| Equity | 99.8% | 99.8% |
| Debt | 0.0% | 0.0% |
| Cash and others | 0.2% | 0.3% |
Market cap of stocks
| Market cap | Axis Nifty500 Low Volatility 50 Index | Nippon India Nifty 500 Low Volatility 50 Index |
|---|---|---|
| Large Cap | 80.3% | 80.3% |
| Mid Cap | 18.1% | 18.1% |
| Small Cap | 1.4% | 1.4% |
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 Nifty500 Low Volatility 50 Index | Nippon India Nifty 500 Low Volatility 50 Index |
|---|---|---|
| Pharmaceuticals & Biotechnology | 19.3% | 19.3% |
| Automobiles | 12.0% | 12.0% |
| Power | 11.6% | 11.6% |
| IT - Software | 7.9% | 7.9% |
| Banks | 7.0% | 7.0% |
| Insurance | 5.5% | 5.5% |
The six largest sectors of each fund's stocks, % of the fund.
Axis Nifty500 Low Volatility 50 Index vs Nippon India Nifty 500 Low Volatility 50 Index: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Axis Nifty500 Low Volatility 50 Index Fund | Nippon India Nifty 500 Low Volatility 50 Index Fund |
|---|---|---|
| Total expense ratio (Direct) | 15.55% | 0.63% |
| Base expense ratio (Direct) | 0.20% | 0.30% |
| Total expense ratio (Regular) | 16.38% | 1.23% |
| Base expense ratio (Regular) | 0.90% | 0.81% |
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 Nifty500 Low Volatility 50 Index Fund vs Nippon India Nifty 500 Low Volatility 50 Index Fund: Frequently Asked Questions
What is the difference between Axis Nifty500 Low Volatility 50 Index Fund and Nippon India Nifty 500 Low Volatility 50 Index Fund?
Axis Nifty500 Low Volatility 50 Index Fund is a mutual fund, Nippon India Nifty 500 Low Volatility 50 Index Fund is a mutual fund, run by Axis Mutual Fund and Nippon India Mutual Fund. Their portfolios overlap 99.8%. Axis Nifty500 Low Volatility 50 Index Fund charges 15.55% a year and Nippon India Nifty 500 Low Volatility 50 Index Fund 0.63%.
Which has the lower expense ratio, Axis Nifty500 Low Volatility 50 Index Fund or Nippon India Nifty 500 Low Volatility 50 Index Fund?
Nippon India Nifty 500 Low Volatility 50 Index Fund charges less: 0.63% a year against 15.55%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Axis Nifty500 Low Volatility 50 Index Fund and Nippon India Nifty 500 Low Volatility 50 Index Fund overlap?
99.8%. They hold 50 of the same securities, the largest shared ones being SBIN, SUNPHARMA, TCS. From each fund's latest monthly portfolio.
Can I invest in both Axis Nifty500 Low Volatility 50 Index Fund and Nippon India Nifty 500 Low Volatility 50 Index Fund?
Yes. 99.8% of each fund's money sits in the same holdings, so a large part of the two investments would move together.
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.