Axis Quant Fund vs UTI Nifty50 Equal Weight Index Fund
Direct Plan, Growth option · Data as on 30-10-2026
Axis Quant Fund is a Thematic fund and UTI Nifty50 Equal Weight Index Fund is an Index fund. In the 3 years to 30-10-2026, Axis Quant Fund (Direct) returned 7.2% a year and UTI Nifty50 Equal Weight Index Fund (Direct) returned 11.2% a year. Axis Quant Fund charges 2.72% a year and UTI Nifty50 Equal Weight Index Fund 0.45% (Direct plans). Their portfolios overlap 28.1%: they hold 14 of the same securities.
UTI Nifty50 Equal Weight Index Fund
Index
- 3 year return
- 11.2%
- Expense ratio
- 0.45%
- NAV
- ₹14.47
Which is better, Axis Quant or UTI Nifty50 Equal Weight Index? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- UTI Nifty50 Equal Weight Index returned more over 3 years: 11.2% a year against 7.2%.
- UTI Nifty50 Equal Weight Index returned more over 1 year: −5.1% against −6.6%.
- UTI Nifty50 Equal Weight Index costs less: 0.45% a year against 2.72% (Direct plans).
- UTI Nifty50 Equal Weight Index swung less over 3 years: a standard deviation of 13.6% a year against 14.5%.
- UTI Nifty50 Equal Weight Index fell less in its worst fall since 09-06-2023: −18.1% against −23.0%.
- UTI Nifty50 Equal Weight Index holds more in large companies: 96.1% of the fund in large caps against 76.0%.
- Axis Quant is the larger fund: ₹768 Cr against ₹147 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 Quant Fund | UTI Nifty50 Equal Weight Index Fund |
|---|---|---|
| Fund house | Axis Mutual Fund | UTI Mutual Fund |
| Category | Thematic | Index |
| AUM | ₹768 Cr (30-09-2026) | ₹147 Cr (30-09-2026) |
| NAV | ₹15.87 (Direct) | ₹14.47 (Direct) |
| Expense ratio (Direct) | 2.72% | 0.45% |
| Expense ratio (Regular) | 4.11% | 0.90% |
| Riskometer | Very High | Very High |
| Benchmark | BSE 200 TRI | NIFTY 50 Equal Weight TRI |
| Launch date | 01-07-2021 | 07-06-2023 |
| Minimum investment | ₹100 | ₹1,000 |
| Lock in | None | None |
| Fund managers | Nandik Malik, Krishnaa N | Sharwan Kumar Goyal FM 1, Ayush Jain FM 2, Lokesh Kulthia FM 3 |
| Exit load | Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 3 months. | NIL |
Axis Quant vs UTI Nifty50 Equal Weight 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 Quant Fund (Direct) | −3.17% | −10.03% | −3.82% | −6.59% | +7.21% | +7.35% | -- |
| UTI Nifty50 Equal Weight Index Fund (Direct) | +0.96% | −6.21% | −2.78% | −5.10% | +11.15% | -- | -- |
| 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 Quant vs UTI Nifty50 Equal Weight Index: Year-wise Returns
| Year | Axis QuantAxis Quant | UTI Nifty50 Equal Weight IndexUTI Nifty50 Equal Weight Index |
|---|---|---|
| 2026to date | −9.37% | −5.83% |
| 2025 | +2.46% | +14.18% |
| 2024 | +15.32% | +9.98% |
| 2023 | +32.80% | -- |
| 2022 | −1.06% | -- |
Axis Quant vs UTI Nifty50 Equal Weight Index: Rolling Returns
Every holding period of both funds, against BSE 200 TRI, the benchmark of Axis Quant Fund
Rolling returns
Every 3-year holding period, 98 of them, one for each trading day from 09-06-2026 to 30-10-2026: the yearly return (CAGR) of each, plotted on the day it ended. One lucky or unlucky start day cannot flatter or hide a fund.
Axis Quant Fund (Direct)
UTI Nifty50 Equal Weight Index Fund (Direct)
BSE 200 TRI
to
Jun 2026Jul 2023
to
Jul 2026Aug 2023
to
Aug 2026Sept 2023
to
Sept 2026Sept 2023
to
Sept 2026Oct 2023
to
Oct 2026
How the periods spread
| Fund | Below 0% | 0-5% | 5-10% | 10-15% | 15-20% | 20-25% | Above 25% | Mean | Median | Lowest | Highest | Beat benchmark |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Axis Quant | 0.0 | 0.0 | 35.7 | 64.3 | 0.0 | 0.0 | 0.0 | 9.9% | 10.6% | 6.5% | 12.1% | 0% |
| UTI Nifty50 Equal Weight Index | 0.0 | 0.0 | 12.2 | 87.8 | 0.0 | 0.0 | 0.0 | 12.6% | 13.3% | 9.1% | 14.9% | 100% |
| BSE 200 TRI | 0.0 | 0.0 | 34.7 | 65.3 | 0.0 | 0.0 | 0.0 | 10.8% | 11.4% | 7.9% | 13.0% | -- |
The table shows the % of periods in each return band; a darker cell holds more of them. Lumpsum: the yearly rate (CAGR) from a period's first NAV to its last. SIP: the XIRR of the monthly instalments. The benchmark is BSE 200 TRI, over the same periods. "Beat benchmark" counts the periods in which the fund did better. Every fund is measured over the days all of them have, from 09-06-2023. Past returns do not promise future returns.
Axis Quant vs UTI Nifty50 Equal Weight Index: SIP and Lumpsum Returns
What the same monthly or one-time investment would be worth in each fund today, from their own NAV history
Growth of an investment
₹10,000 on the first trading day of every month, from 01-06-2023 to 30-10-2026: 41 instalments, ₹4,10,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Axis QuantAxis Quant Fund (Direct) | ₹4,10,000 | ₹4,10,112 | ₹112 | 0.0% |
| UTI Nifty50 Equal Weight IndexUTI Nifty50 Equal Weight Index Fund (Direct) | ₹4,10,000 | ₹4,44,621 | ₹34,621 | 4.7% |
Axis QuantAxis Quant Fund (Direct)
UTI Nifty50 Equal Weight IndexUTI Nifty50 Equal Weight Index Fund (Direct)
Amount invested
From each plan's published NAV (Growth option), over the same days. Return a year: XIRR for a SIP, CAGR for a lumpsum, shown for a year or more. It does not include exit load, stamp duty or tax. Past returns do not promise future returns.
Axis Quant vs UTI Nifty50 Equal Weight Index: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Axis Quant Fund (Direct) | UTI Nifty50 Equal Weight Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | −6.59% | −5.10% |
| Standard deviation | 15.73% | 13.70% |
| Sharpe ratio | -0.75 | -0.76 |
| Sortino ratio | -1.03 | -1.00 |
| Maximum drawdown | −14.9% (30-03-2026) | −12.4% (31-03-2026) |
| Beta | 1.06 | 1.00 |
| Alpha | +2.50% | −0.36% |
From daily NAVs, 30-10-2025 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.
| Measure | Axis Quant Fund (Direct) | UTI Nifty50 Equal Weight Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | +7.21% | +11.15% |
| Standard deviation | 14.51% | 13.58% |
| Sharpe ratio | 0.08 | 0.38 |
| Sortino ratio | 0.11 | 0.53 |
| Maximum drawdown | −23.0% (04-03-2025) | −18.1% (28-02-2025) |
| Beta | 0.98 | 1.00 |
| Alpha | −2.36% | −0.67% |
From daily NAVs, 30-10-2023 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.
| Measure | Axis Quant Fund (Direct) | UTI Nifty50 Equal Weight Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | +8.88% | +11.81% |
| Standard deviation | 14.06% | 13.12% |
| Sharpe ratio | 0.23 | 0.43 |
| Sortino ratio | 0.31 | 0.61 |
| Maximum drawdown | −23.0% (04-03-2025) | −18.1% (28-02-2025) |
| Beta | 0.95 | 1.00 |
| Alpha | −0.81% | −0.69% |
From daily NAVs, 07-07-2021 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 Quant Fund (Direct)
UTI Nifty50 Equal Weight Index Fund (Direct)
BSE 200 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Axis Quant Fund (Direct) | −23.0% | 27-09-2024 | 04-03-2025 | Not yet | -- | −15.6% |
| UTI Nifty50 Equal Weight Index Fund (Direct) | −18.1% | 27-09-2024 | 28-02-2025 | 02-01-2026 | 10 months | −8.1% |
| BSE 200 TRI | −17.7% | 26-09-2024 | 28-02-2025 | 02-01-2026 | 10 months | −9.9% |
From daily values since 09-06-2023, the first day every fund has.
Rolling standard deviation
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 1-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Axis Quant Fund (Direct)
UTI Nifty50 Equal Weight Index Fund (Direct)
BSE 200 TRI
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 3-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Axis Quant Fund (Direct)
UTI Nifty50 Equal Weight Index Fund (Direct)
BSE 200 TRI
Against BSE 200 TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| Axis Quant Fund (Direct) | 97% | 108% | 5.10% |
| UTI Nifty50 Equal Weight Index Fund (Direct) | 98% | 86% | 3.45% |
From month-end values since 09-06-2023. Up capture: a fund's average month when the benchmark rose, as % of the benchmark's; above 100% it gained more. Down capture: the same for months the benchmark fell; below 100% it fell less. Tracking error: how far the monthly returns strayed from the benchmark's, a year; an index fund aims near 0.
Axis Quant vs UTI Nifty50 Equal Weight Index: Portfolio Overlap
From each fund's latest monthly portfolio: Axis Quant Fund, September 2026; UTI Nifty50 Equal Weight Index Fund, September 2026
Holdings in common
- Overlap
- 28.1%
- Held by both
- 14
- Only in Axis Quant
- 14
- Only in UTI Nifty50 Equal Weight Index
- 36
| Security | % of Axis Quant | % of UTI Nifty50 Equal Weight Index |
|---|---|---|
| InterGlobe Aviation Limited | 3.77% | 2.07% |
| Adani Enterprises Limited | 5.04% | 2.04% |
| Infosys Limited | 3.11% | 2.04% |
| Shriram Finance Limited | 3.46% | 2.03% |
| Tata Consultancy Services Limited | 3.20% | 2.02% |
| Tata Motors Passenger Vehicles Limited | 2.98% | 2.00% |
| Bajaj Finserv Limited | 2.48% | 2.00% |
| Eicher Motors Limited | 4.12% | 1.99% |
| Larsen & Toubro Limited | 3.38% | 1.99% |
| Mahindra & Mahindra Limited | 3.21% | 1.99% |
| Reliance Industries Limited | 3.48% | 1.98% |
| HDFC Bank Limited | 3.23% | 1.98% |
| Bajaj Finance Limited | 3.58% | 1.97% |
| Jio Financial Services Limited | 3.39% | 1.96% |
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 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% |
Largest holdings only in UTI Nifty50 Equal Weight Index Fund
| Security | % of fund |
|---|---|
| EQ - KOTAK MAHINDRA BANK LTD. | 2.12% |
| EQ - DR REDDYS LABORATORIES LTD. | 2.10% |
| EQ - ADANI PORTS AND SPECIAL ECONO | 2.06% |
| EQ - AXIS BANK LTD. | 2.06% |
| EQ - COAL INDIA LTD. | 2.04% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Axis Quant | UTI Nifty50 Equal Weight Index |
|---|---|---|
| Equity | 87.4% | 100.1% |
| Debt | 9.1% | 0.0% |
| Cash and others | 3.5% | -0.1% |
Market cap of stocks
| Market cap | Axis Quant | UTI Nifty50 Equal Weight Index |
|---|---|---|
| Large Cap | 76.0% | 96.1% |
| Mid Cap | 11.4% | 4.0% |
| 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 Quant | UTI Nifty50 Equal Weight Index |
|---|---|---|
| Finance | 20.2% | 8.0% |
| Petroleum Products | 10.5% | 2.0% |
| Automobiles | 10.3% | 10.0% |
| Banks | 6.4% | 10.2% |
| IT - Software | 9.4% | 8.1% |
| Realty | 8.5% | 0.0% |
| Pharmaceuticals & Biotechnology | 0.0% | 6.1% |
| Ferrous Metals | 0.0% | 4.0% |
The six largest sectors of each fund's stocks, % of the fund.
Axis Quant vs UTI Nifty50 Equal Weight Index: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Axis Quant Fund | UTI Nifty50 Equal Weight Index Fund |
|---|---|---|
| Total expense ratio (Direct) | 2.72% | 0.45% |
| Base expense ratio (Direct) | 0.84% | 0.30% |
| Total expense ratio (Regular) | 4.11% | 0.90% |
| Base expense ratio (Regular) | 2.03% | 0.70% |
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 Quant Fund vs UTI Nifty50 Equal Weight Index Fund: Frequently Asked Questions
What is the difference between Axis Quant Fund and UTI Nifty50 Equal Weight Index Fund?
Axis Quant Fund is a Thematic fund, UTI Nifty50 Equal Weight Index Fund is an Index fund, run by Axis Mutual Fund and UTI Mutual Fund. Their portfolios overlap 28.1%. Axis Quant Fund charges 2.72% a year and UTI Nifty50 Equal Weight Index Fund 0.45%.
Which has given higher returns, Axis Quant Fund or UTI Nifty50 Equal Weight Index Fund?
Over 1 year: Axis Quant Fund −6.59%, UTI Nifty50 Equal Weight Index Fund −5.10%. Over 3 years: Axis Quant Fund +7.21% a year, UTI Nifty50 Equal Weight Index Fund +11.15% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Axis Quant Fund or UTI Nifty50 Equal Weight Index Fund?
UTI Nifty50 Equal Weight Index Fund charges less: 0.45% a year against 2.72%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Axis Quant Fund and UTI Nifty50 Equal Weight Index Fund overlap?
28.1%. They hold 14 of the same securities, the largest shared ones being INDIGO, ADANIENT, INFY. From each fund's latest monthly portfolio.
Which is riskier, Axis Quant Fund or UTI Nifty50 Equal Weight Index Fund?
On SEBI's riskometer, Axis Quant Fund is rated Very High and UTI Nifty50 Equal Weight Index Fund Very High. Over 3 years, the standard deviation of daily returns was 14.51% and 13.58% a year.
Which is better for SIP, Axis Quant Fund or UTI Nifty50 Equal Weight Index Fund?
Over the last 3 years, a monthly SIP of ₹10,000 from 03-10-2023 to 30-10-2026 grew to ₹3,59,930 in Axis Quant Fund (XIRR -1.7% a year) and ₹3,88,487 in UTI Nifty50 Equal Weight Index Fund (XIRR 3.1% a year). Both received 37 instalments. Past returns do not promise future returns.
Can I invest in both Axis Quant Fund and UTI Nifty50 Equal Weight Index 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 Quant Fund and UTI Nifty50 Equal Weight Index Fund?
Axis Quant Fund: Nandik Malik, Krishnaa N. UTI Nifty50 Equal Weight Index Fund: Sharwan Kumar Goyal FM 1, Ayush Jain FM 2, Lokesh Kulthia FM 3.
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.