Key metrics
Latest NAV
₹11.39
Day change
-0.62%
Volatility
17.5%
Sharpe
0.49
Max drawdown
-18.1%
Expense ratio
0.16%
AUM
₹199 Cr
Category rank
35 / 64
Trailing returns
| Period | 1W | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
|---|---|---|---|---|---|---|---|---|---|
| Return | -0.54% | -3.10% | -3.15% | -1.71% | 15.08% | – | – | – | – |
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 Nifty500 Value 50 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 ₹11.39, with assets under management of about ₹199 Cr (April - June 2026).
Performance analysis
Over the trailing one year, Axis Nifty500 Value 50 Index Fund has recorded a return of about 15.1%. Its annualised volatility is 17.5% — relatively large fluctuations — and its Sharpe ratio is 0.49, a measure of return per unit of risk taken. The direct-plan base expense ratio is 0.16%, deducted daily from the NAV.
Rolling returns
| Window | Avg | Median | Min | Max | % Pos | % >12 |
|---|---|---|---|---|---|---|
| 1Y | 18.77 | 18.78 | 0.76 | 41.69 | 100% | 85% |
Each row takes every possible start date in the fund's history and computes the annualised return (CAGR) over that window. Avg/Median = the typical outcome; Min/Max = worst and best; % Pos = how often the window ended positive; % >12 = how often it beat 12% a year. Higher consistency means timing mattered less.
Frequently asked questions
What does Axis Nifty500 Value 50 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?
0.16% (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 % |
|---|---|---|---|---|---|---|---|---|
| Mirae Asset Nifty Total Market Index Fund Index Funds - Equity Funds | -2.13 | 3.81 | 4.44 | 2.49 | – | – | – | 0.24 |
| Mirae Asset Nifty 50 Index Fund Index Funds - Equity Funds | -3.20 | 2.31 | -2.10 | -3.05 | – | – | – | 0.08 |
| Mirae Asset Nifty LargeMidcap 250 Index Fund Index Funds - Equity Funds | -2.20 | 3.18 | 4.33 | 3.97 | – | – | – | 0.25 |
| Aditya Birla Sun Life BSE India Infrastructure Index Fund Index Funds - Equity Funds | -3.56 | -5.76 | -0.47 | 0.06 | – | – | – | 0.38 |
| UTI Nifty Alpha Low-Volatility 30 Index Fund Index Funds - Equity Funds | -4.02 | 4.82 | 1.09 | 0.80 | – | – | – | 0.51 |
| UTI Nifty Midcap 150 Index Fund Index Funds - Equity Funds | -1.26 | 3.79 | 9.00 | 9.01 | – | – | – | 0.50 |
| Groww Nifty India Railways PSU Index Fund Index Funds - Equity Funds | -5.17 | -5.82 | -11.07 | -19.09 | – | – | – | 0.50 |
| Axis Nifty500 Momentum 50 Index Fund Index Funds - Equity Funds | 0.63 | 4.69 | 8.28 | 7.47 | – | – | – | 0.15 |
More funds from Axis
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y | TER % |
|---|---|---|---|---|---|---|---|---|
| Axis Retirement Fund - Conservative Plan Solution Oriented Schemes ** - Retirement Fund | -1.84 | 2.04 | -0.16 | 1.39 | 7.95 | 6.52 | – | 1.06 |
| Axis Income Plus Arbitrage Omni FOF Fund of Funds Scheme (Domestic) - Fund of Funds Scheme (Domestic) | 0.26 | 2.02 | 3.09 | 6.18 | 7.84 | 6.67 | – | – |
| Axis ESG Integration Strategy Fund Sectoral/Thematic - ESG | -1.48 | 3.47 | 2.49 | 0.04 | 9.19 | 6.00 | – | 1.16 |
| Axis Global Equity Alpha Fund of Fund Overseas Fund of Funds - Fund of Funds investing overseas | 0.94 | 4.61 | 12.52 | 22.74 | 23.24 | 15.29 | – | 0.69 |
| Axis Innovation Fund Sectoral/Thematic - Innovation | 3.05 | 15.97 | 24.39 | 16.55 | 17.90 | 12.18 | – | 1.07 |
| Axis Greater China Equity Fund of Fund Overseas Fund of Funds - Fund of Funds investing overseas | 1.03 | 2.48 | 17.31 | 30.71 | 22.43 | 7.13 | – | 0.53 |
| Axis Global Innovation Fund of Fund Overseas Fund of Funds - Fund of Funds investing overseas | 1.51 | 0.40 | 22.28 | 27.55 | 24.52 | 13.13 | – | 0.70 |
| Axis Quant Fund Equity Scheme - Thematic Fund | -3.82 | 1.66 | 2.82 | 4.83 | 9.43 | 9.52 | – | 0.79 |
Returns ≥ 1Y are annualised (CAGR). TER = direct-plan base expense ratio. Click a fund to open its page.