- AMC
- Axis Mutual Fund
- Category
- Equity Funds
- ISIN
- INF846KA1564
Axis Nifty50 Equal Weight Index Fund
₹9.4891
−₹0.0896 (−0.94%)
NAV · Direct · Growth ·
Axis Nifty50 Equal Weight Index Fund's Direct Growth NAV was ₹9.4891 on 19 Oct 2026, down 0.94% on the day. It is down 6.01% since launch.
- Expense ratio
- 5.37%
- Fund size
- —
- Min. investment
- ₹100
NAV history
Between 29 Jul 2026 and 19 Oct 2026, the NAV ranged from ₹9.2367 to ₹10.4206.
Direct · Growth plan. 3Y, 5Y and since-launch returns are annualised; since launch is absolute until the fund is a year old. Longer ranges appear once the fund has that much history.
Fund details
- Expense ratio
- 5.37% (Direct)
- Exit load
- 0.25% if redeemed/switched out within 15 days from allotment; nil after 15 days
- Riskometer
- Very high
- Benchmark
- Nifty50 Equal Weight Index
- Launched
- 3 Jul 2026
- Fund managers
- Nandik Malik, Rohit Gautam
Fund size, expense ratio and minimums as of 16 Oct 2026.
All plans
| Plan | ISIN | NAV | 1 day | Expense ratio | Since launch |
|---|---|---|---|---|---|
| Direct · Growth | INF846KA1564 | ₹9.4891 | −0.94% | 5.37% | −6.01% |
| Regular · Growth | INF846KA1556 | ₹9.4701 | −0.94% | 6.20% | −6.19% |
All plans hold the same portfolio. They differ in expense ratio (Direct plans pay no distributor commission) and in how gains are handled (Growth reinvests, IDCW pays out).
About this fund
Axis Nifty50 Equal Weight Index Fund is an open-ended mutual fund from Axis Mutual Fund, in the Equity Funds category. It began on 3 Jul 2026. It is benchmarked to the Nifty50 Equal Weight Index. The Direct · Growth plan has an expense ratio of 5.37%. The minimum first investment is ₹100, and SIPs are available.
FAQs
What is the NAV of Axis Nifty50 Equal Weight Index Fund?
The NAV of Axis Nifty50 Equal Weight Index Fund (Direct · Growth) was ₹9.4891 on 19 Oct 2026, down 0.94% from the previous NAV.
What plans does Axis Nifty50 Equal Weight Index Fund have?
Axis Nifty50 Equal Weight Index Fund has 2 plans: Direct · Growth; Regular · Growth.
What is the expense ratio of Axis Nifty50 Equal Weight Index Fund?
The Direct · Growth plan of Axis Nifty50 Equal Weight Index Fund has an expense ratio of 5.37%.
What returns has Axis Nifty50 Equal Weight Index Fund delivered?
Axis Nifty50 Equal Weight Index Fund has returned −6.01% since launch. Past performance does not guarantee future returns.
What is the exit load of Axis Nifty50 Equal Weight Index Fund?
Axis Nifty50 Equal Weight Index Fund: 0.25% if redeemed/switched out within 15 days from allotment; nil after 15 days.
What is the minimum investment and SIP amount for Axis Nifty50 Equal Weight Index Fund?
The minimum first investment in Axis Nifty50 Equal Weight Index Fund is ₹100, and ₹100 after that. SIPs are available (SIP available Daily/Weekly/Monthly/Yearly with minimum Rs.100 (Daily/Weekly/Monthly) or Rs.12000 (Yearly). Minimum 6 instalments for Daily/Weekly/Monthly and 3 for Yearly. Dates: 1st to 28th or last date of month.).
How risky is Axis Nifty50 Equal Weight Index Fund?
Axis Nifty50 Equal Weight Index Fund is rated "very high risk" on SEBI's riskometer.
Who manages Axis Nifty50 Equal Weight Index Fund?
Axis Nifty50 Equal Weight Index Fund is managed by Nandik Malik, Rohit Gautam.
For information only. Not investment advice or a research report. Past performance does not guarantee future returns. Mutual fund investments are subject to market risks; read all scheme-related documents carefully.
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