Key metrics
Latest NAV
₹9.94
Day change
-0.65%
Max drawdown
-4.6%
Expense ratio
0.20%
Category rank
59 / 64
Trailing returns
| Period | 1W | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
|---|---|---|---|---|---|---|---|---|---|
| Return | -1.79% | -3.88% | – | – | – | – | – | – | – |
Returns up to 1Y are absolute; 1Y and longer are annualised (CAGR). Source: public AMFI NAV data.
NAV history
Chart shows the fund's available daily NAV history. Daily NAV data begins around 2006, so older funds may predate this range.
About this fund
Axis Nifty50 Equal Weight Index Fund is a passive index fund/ETF offered by Axis Mutual Fund, classified under Equity as Index Funds - Equity Funds. It aims to mirror an index rather than beat it, usually at a lower cost than active funds. Its latest NAV is ₹9.94.
Performance analysis
Axis Nifty50 Equal Weight Index Fund does not yet have a full one-year track record, so trailing returns are limited. The direct-plan base expense ratio is 0.20%, deducted daily from the NAV.
Rolling returns
Frequently asked questions
What does Axis Nifty50 Equal Weight Index Fund invest in?
It invests primarily in the constituents of the index it tracks.
How is this fund classified?
It is a Index Funds - Equity Funds fund in the Equity group.
How often is the NAV updated?
Mutual fund NAVs are declared by the AMC on every business day. This page sources NAV from public AMFI data and refreshes twice daily.
What is its expense ratio?
0.20% (direct plan, base expense ratio), deducted daily from the NAV. Some platforms quote a higher all-in Total TER — verify with the AMC.
How is the rolling return calculated?
Rolling return averages the fund's annualised return over every possible window of a given length across its history, rather than a single start-to-end period — reducing the effect of one lucky or unlucky entry date.
Is past performance a guarantee of future returns?
No. Past performance does not indicate future results; mutual fund values fluctuate with markets. Read all scheme-related documents carefully before investing.
Compare with peers
Similar Index Funds - Equity Funds
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y | TER % |
|---|---|---|---|---|---|---|---|---|
| Edelweiss Nifty REITs & Realty Index Fund Index Funds - Equity Funds | – | – | – | – | – | – | – | – |
| Kotak Nifty Bank Index Fund Index Funds - Equity Funds | – | – | – | – | – | – | – | – |
| Axis Nifty Energy Index Fund Index Funds - Equity Funds | – | – | – | – | – | – | – | – |
| UTI - Nifty Next 50 Index Fund Index Funds - Equity Funds | -2.77 | 3.73 | 8.13 | 8.84 | 17.23 | 11.96 | – | 0.31 |
| UTI Nifty 200 Momentum 30 Index Fund Index Funds - Equity Funds | -1.03 | 2.46 | 2.02 | 1.88 | 11.08 | 9.89 | – | 0.39 |
| Aditya Birla Sun Life Nifty Midcap 150 Index Fund Index Funds - Equity Funds | -1.27 | 3.80 | 9.03 | 9.17 | 15.24 | 16.50 | – | 0.34 |
| Aditya Birla Sun Life Nifty Smallcap 50 Index Fund Index Funds - Equity Funds | 0.74 | 12.80 | 24.08 | 18.34 | 19.39 | 13.84 | – | 0.41 |
| Aditya Birla Sun Life Nifty 50 Equal Weight index Fund Index Funds - Equity Funds | -3.87 | 1.23 | 1.38 | 2.77 | 12.00 | 11.66 | – | 0.26 |
More funds from Axis
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y | TER % |
|---|---|---|---|---|---|---|---|---|
| Axis Gold and Silver Passive FOF Fund of Funds Scheme (Domestic) - Fund of Funds Scheme (Domestic) | 0.61 | -5.13 | -6.70 | – | – | – | – | 0.09 |
| Axis Liquid Fund Income/Debt Oriented Schemes - Liquid Fund | 0.57 | 1.76 | 3.53 | 6.61 | 7.03 | 6.39 | 6.17 | 0.11 |
| Axis Banking and PSU Debt Fund Income/Debt Oriented Schemes - Banking and PSU Debt Fund | 0.06 | 1.97 | 2.78 | 5.53 | 7.08 | 6.19 | 7.22 | 0.30 |
| Axis Gilt Fund Income/Debt Oriented Schemes - Gilt Fund | -0.56 | 2.07 | 2.56 | 4.69 | 7.25 | 6.08 | 7.00 | 0.37 |
| Axis Dynamic Term Fund Income/Debt Oriented Schemes - Dynamic Term Fund | -0.01 | 2.57 | 3.62 | 6.62 | 7.54 | 6.33 | 7.46 | – |
| Axis Large Cap Fund Equity Scheme - Large Cap Fund | -2.30 | 6.02 | 2.12 | -0.13 | 9.65 | 6.09 | 12.26 | 0.66 |
| Axis Focused Fund Equity Scheme - Focused Fund | -0.65 | 10.72 | 10.85 | 3.46 | 10.99 | 4.95 | 12.01 | 0.77 |
| Axis Gold Fund Fund of Funds Scheme (Domestic) - Fund of Funds Scheme (Domestic) | 1.14 | -1.87 | -4.03 | 41.17 | 35.24 | 24.92 | 15.93 | 0.15 |
Returns ≥ 1Y are annualised (CAGR). TER = direct-plan base expense ratio. Click a fund to open its page.