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
- Nandik MalikCo-manager · Jul 2026 · 20y · PGDM B.Tech
- 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
- Expense ratio5 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
Costs(Sept 2026 – Oct 2026)
Direct plan, 5 Oct 2026
1.25%
Regular plan 2.07% · Exit load 0.25% within 15 days
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
- Securities covered under Nifty50 Equal Weight IndexAllowed95–100%
- mutual fund schemesAllowed0–5%
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