GMP IPO Watch
Axis Nifty50 Equal Weight Index Fund
Direct Plan · Growth Option · Axis Mutual Fund
Returns
Annualised (CAGR) returns for periods over a year.
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Rank in Category
| Period | This Fund | Category Avg. | Rank |
|---|---|---|---|
| 1W | +5.24% | +4.39% | 22 of 83 |
| 1M | +5.94% | +3.58% | 21 of 77 |
| 3M | -4.23% | -3.95% | 37 of 69 |
| YTD | -1.66% | -1.48% | 40 of 83 |
| INCEPTION | -5.98% | — | — |
Ranked among: Index Funds - Equity Funds.
Rolling Returns
| Period | Average | Best | Worst | Positive Periods | Consistency |
|---|---|---|---|---|---|
| 3M | -5.67% | -4.23% | -6.55% | 0% | -2% |
Rolling returns show the average, best and worst outcome an investor would have seen entering at any point in the window.
NAV History
Expense Ratio Trend
Portfolio · Sep 2026
Asset Allocation
- Equity100.24%
- Debt0.00%
- Cash-0.24%
- Other0.00%
Market Cap Split
- Large Cap96.02%
- Mid Cap3.98%
- Small Cap0.00%
- Others0.00%
Fundamentals
| Fund | Category | |
|---|---|---|
| P/E | 22.28 | 23.30 |
| P/B | 3.12 | 3.81 |
| Price / Sales | 2.19 | 3.27 |
| Price / Cash Flow | 13.97 | 17.22 |
| Dividend Yield (%) | 1.57 | 1.63 |
Holdings · Sep 2026
| Holding | Sector | Weight | Change (1M) |
|---|---|---|---|
| Kotak Bank | Banks | 2.12% | +0.09% |
| Dr Reddys Laboratories | Pharmaceuticals & Biotechnology | 2.11% | +0.40% |
| Interglobe Aviation | Transport Services | 2.07% | +0.10% |
| Adani Ports & SEZ | Transport Infrastructure | 2.06% | +0.32% |
| Axis Bank | Banks | 2.06% | +0.22% |
| Coal India | Consumable Fuels | 2.05% | +0.26% |
| ICICI Bank | Banks | 2.04% | -0.04% |
| Adani Enterprises | Metals & Minerals Trading | 2.04% | +0.20% |
| Infosys | IT - Software | 2.04% | -0.07% |
| Maruti Suzuki | Automobiles | 2.04% | +0.03% |
| Shriram Finance | Finance | 2.03% | -0.11% |
| NTPC | Power | 2.03% | +0.23% |
| Bharat Electronics | Aerospace & Defense | 2.03% | +0.06% |
| Tata Consultancy Services | IT - Software | 2.02% | -0.21% |
| Tech Mahindra | IT - Software | 2.02% | -0.17% |
View all 52 holdings
| Bharti Airtel | Telecom - Services | 2.02% | +0.11% |
| Asian Paints | Consumer Durables | 2.02% | +0.07% |
| UltraTech Cement | Cement & Cement Products | 2.02% | +0.05% |
| Trent | Retailing | 2.02% | +0.28% |
| HDFC Life Insurance | Insurance | 2.02% | +0.22% |
| JSW Steel | Ferrous Metals | 2.01% | -0.08% |
| Sun Pharmaceutical | Pharmaceuticals & Biotechnology | 2.01% | -0.07% |
| Tata Steel | Ferrous Metals | 2.01% | +0.11% |
| HCL Technologies | IT - Software | 2.01% | -0.30% |
| Bajaj Finserv | Finance | 2.01% | -0.22% |
| ITC | Diversified FMCG | 2.01% | +0.27% |
| State Bank of India | Banks | 2.00% | -0.01% |
| Tata Motors Passenger Vehicles | Automobiles | 2.00% | +0.27% |
| SBI Life Insurance | Insurance | 2.00% | +0.07% |
| Mahindra & Mahindra | Automobiles | 2.00% | -0.10% |
| Eicher Motors | Automobiles | 1.99% | -0.07% |
| Larsen & Toubro | Construction | 1.99% | +0.09% |
| BSE | Capital Markets | 1.99% | — |
| Reliance Industries | Petroleum Products | 1.99% | +0.08% |
| Hindustan Unilever | Diversified FMCG | 1.99% | +0.20% |
| Power Grid Corporation of India | Power | 1.98% | +0.20% |
| Tata Consumer Products | Agricultural Food & other Products | 1.98% | +0.13% |
| Hindalco Industries | Non - Ferrous Metals | 1.98% | -0.06% |
| Bajaj Auto | Automobiles | 1.98% | -0.46% |
| HDFC Bank | Banks | 1.98% | +0.23% |
| Bajaj Finance | Finance | 1.98% | -0.11% |
| Cipla | Pharmaceuticals & Biotechnology | 1.97% | +0.05% |
| Nestle | Food Products | 1.97% | -0.16% |
| Grasim Industries | Cement & Cement Products | 1.97% | -0.15% |
| Oil & Natural Gas Corporation | Oil | 1.97% | +0.07% |
| Jio Financial Services | Finance | 1.96% | -0.02% |
| Eternal | Retailing | 1.96% | -0.55% |
| Titan | Consumer Durables | 1.93% | -0.39% |
| Apollo Hospitals | Equity | 1.89% | -0.15% |
| Max Healthcare Institute | Equity | 1.88% | -0.01% |
| Clearing Corporation of India Ltd | Net Current Assets | 1.01% | — |
| Net Receivables / (Payables) | Net Current Assets | -1.25% | — |
Sector Allocation · Sep 2026
View all 26 sectors
Risk Metrics
Sharpe Ratio
| Period | Fund | Category | |
|---|---|---|---|
| 3Y | -3.00 | -0.68 | Below Average |
What is this?
Annualized Sharpe ratio calculated from month-end NAV returns using the latest available FBIL Overnight MIBOR rate as the risk-free rate. For schemes with less than three years of history, the 3Y value uses since-inception data. Applied risk-free rate: 5.73% (published 2026-10-28).
Tracking Difference
Versus Nifty 50 Equal Weight TRI, as of Sep 2026.
Compare With Peers
| Scheme | 1Y | 3Y | 5Y | Since Inception |
|---|---|---|---|---|
|
Aditya Birla Sun Life Nifty India Defence Index Fund
Direct Plan · GROWTH
|
+13.94% | — | — | +13.69% |
|
Axis Nifty Smallcap 50 Index Fund
Direct Plan · Growth Option
|
+8.53% | +16.64% | — | +16.76% |
|
Aditya Birla Sun Life Nifty Smallcap 50 Index Fund
Regular Plan · GROWTH
|
+7.82% | +16.16% | +11.91% | +15.59% |
|
UTI Nifty Midsmallcap 400 Momentum Quality 100 Index Fund
Direct Plan · Growth
|
+3.71% | — | — | +10.69% |
|
UTI Nifty India Manufacturing Index Fund
Direct Plan · Growth
|
+2.71% | — | — | +13.54% |
|
Axis Nifty500 Value 50 Index Fund
Direct Plan · Growth Option
|
+1.98% | — | — | +4.41% |
|
JioBlackRock Nifty Next 50 Index Fund
Direct Plan · Growth Option
|
+1.63% | — | — | +4.61% |
|
Axis Nifty Next 50 Index Fund
Direct Plan · Growth Option
|
+1.62% | +16.97% | — | +12.09% |
|
Groww Nifty Next 50 Index Fund
Direct Plan · Growth
|
+1.46% | — | — | +5.47% |
|
HSBC NIFTY NEXT 50 Index Fund
Direct Plan · Growth
|
+1.20% | +16.66% | — | +13.78% |
More From Axis Asset Management Co. Ltd.
| Scheme | 1Y | 3Y | 5Y | Since Inception |
|---|---|---|---|---|
| Axis Silver ETF | +26.40% | +35.94% | — | +33.11% |
|
Axis Silver Fund of Fund
Direct Plan · Growth Option
|
+25.78% | +35.80% | — | +33.62% |
|
Axis Gold Fund
Direct Plan · Growth option
|
+16.88% | +30.78% | +23.12% | +10.32% |
| Axis Gold ETF | +16.64% | +30.81% | +23.30% | +11.67% |
|
Axis NASDAQ 100 US Specific Equity Passive FOF
Direct Plan · IDCW Option
|
+15.62% | +27.97% | — | +30.61% |
| Axis NIFTY Healthcare ETF | +13.26% | +21.08% | +14.40% | +13.81% |
|
Axis Global Equity Alpha Fund of Fund
Direct Plan · Growth Option
|
+13.25% | +22.73% | +13.92% | +16.86% |
|
Axis India Manufacturing Fund
Direct Plan · IDCW Option
|
+13.04% | — | — | +18.81% |
|
Axis Global Innovation Fund of Fund
Direct Plan · IDCW Option
|
+9.94% | +22.97% | +11.52% | +12.36% |
|
Axis Innovation Fund
Direct Plan · Growth Option
|
+9.66% | +17.73% | +10.46% | +14.81% |
About This Scheme
Investment Objective
To provide returns before expenses that correspond to the performance of Nifty50 Equal Weight TRI subject to tracking error. There is no assurance that the investment objective of the scheme will be achieved.
Stated Asset Allocation
Securities covered under Nifty50 Equal Weight Index : 95%-100%, Money Market Instruments^ and units of debt & liquid mutual fund schemes : 0%-5%
Exit Load
a) if redeemed/ switched out within 15 days from the date of allotment: 0.25%. b) If redeemed/ switched out after 15 days from the date of allotment: Nil.
Fund Managers
Mr. Nandik Malik and Mr. Rohit Gautam
Comanage
Mutual fund investments are subject to market risks. Read all scheme related documents carefully. Past performance is not indicative of future returns. Data is sourced from AMFI and fund houses via FinAPI and may lag official figures.