Scheme

Axis Nifty50 Equal Weight Index Fund

Holds 50 companies worth ₹86.8 Cr in Sept 2026.

  • Fund house

    AxisThe fund house that runs this scheme.
  • AUM

    ₹87.2 CrAxis Nifty50 Equal Weight Index Fund's AUM at the end of 30 Sept 2026, as AMFI reports it. Down 11.6% on Aug 2026, ₹98.6 Cr.
  • Largest holding

    Kotak Mahindra Bank LimitedKotak Mahindra Bank Limited is 2.1% of this scheme's NAV.
  • Fund manager

    Nandik MalikRuns its co-manager part since 23 Jul 2026, as the fund house dates it. With Rohit Gautam (co-manager).

Overview(6 Oct 2026)

Fund managers2

  1. Nandik MalikCo-manager · Jul 2026 · 20y · PGDM B.Tech
  2. Rohit GautamCo-manager · Jul 2026 · 18y · PGDM B.Tech

    Key facts

    Benchmark
    Nifty50 Equal Weight Index
    Risk
    Very High
    Expense
    Regular 2.07% · Direct 1.25%
    Exit load
    0.25% within 15 days
    Started
    23 Jul 2026
    Minimum
    ₹100

    Source.Its Scheme Summary Document as of 6 Oct 2026 at AMFI.

    What changed(1 change)

    Oct 2026

    1 change
    1. Expense ratio
      5 OctRegular 2.35% → 2.07%Direct 1.53% → 1.25%

    Source.Its filings at NSE, since Sept 2026.

    Fund managers over time(Jul 2026 – now)

    MainCoSlice
    Fig. 1.Who ran it when: each manager from the date the fund house gives, or the first document listing them where it gives none, to when they left. A slice is part of it: overseas, gold and silver, or arbitrage.

    Costs(Sept 2026 – Oct 2026)

    Every change to the expense ratio, newest first.
    2 changesRegularDirectΔ pt
    5 Oct 20262.07%1.25%0.28
    10 Sept 20262.35%1.53%–
    Direct plan, 5 Oct 2026
    1.25%
    Regular plan 2.07% · Exit load 0.25% within 15 days
    Fig. 1.Total expense ratio a year, each plan's, as its Scheme Summary Documents state it, filing by filing at NSE. A change holds until the next.

    Objective and risk(6 Oct 2026)

    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.

    Risk, type and benchmark

    Riskometer
    Very High
    At launch
    Very High
    Type
    An Open-Ended scheme replicating/tracking Nifty50 Equal Weight TRI
    Benchmark
    Nifty50 Equal Weight Index

    Asset allocation it may hold% of NAV

    1. Securities covered under Nifty50 Equal Weight Index
      Allowed95–100%
    2. mutual fund schemes
      Allowed0–5%

    Holds in Sept 2026.100.3% equity

    How to invest(6 Oct 2026)

    Buying

    To start
    ₹100, then in multiples of ₹1
    To add
    ₹100, then in multiples of ₹1
    Systematic
    SIP - Daily / Weekly / Monthly / Yearly. STP - Daily/Weekly/Fortnightly/Monthly/Quarterly SWP-Weekly, Monthly , Quarterly , Half Yearly and Yearly.
    Dates
    SIP - 1st to 28th or last date of the Month STP - Daily- Monday To Friday / Weekly- Monday To Friday / Fortnightly- Alternate Wednesday / Monthly- 1st, 7th, 10th, 15th or 25th and Quarterly 1st, 7th, 10th, 15th or 25th SWP - Any Business Day -1/5/10/15/25
    Minimum
    SIP - Daily-100/- / Weekly-100/-/Monthly-100/- / Yearly-12000/- STP - Daily- 1000 / Weekly-1000/ Fortnightly-1000/ Monthly-1000/ Quarterly-3000/- SWP - Weekly, Monthly , Quarterly , Half Yearly and Yearly -1000/-., then in multiples of ₹1
    Instalments
    SIP -Daily-6 / Weekly-6 / Monthly-6 / Yearly-3 STP -Daily-6/Weekly-6/Fortnightly-6/Monthly-6/Quarterly-2. SWP -- Weekly-5/ Monthly-6/ Quarterly-4/Half Yearly-4 and Yearly-2

    Selling and switching

    Scheme details(6 Oct 2026)

    What it is

    Category
    Index Fund
    Offer
    3 Jul 2026 to 17 Jul 2026
    Started
    23 Jul 2026
    Reopened
    28 Jul 2026
    Plans
    Direct Growth · Regular Growth
    Face value
    ₹10
    Listed
    Unlisted

    How it is run

    Swing pricing
    No
    Side-pocketing
    Yes
    Custodian
    DEUTSCHE BANK AG
    Auditor
    B S R & Co. LLP
    Registrar
    Kfintech Ltd
    SEBI code
    AXIS/O/O/EIN/26/06/0111