AXAxis MFRegular · Growth

Axis Nifty50 Equal Weight Index Fund - Regular Plan - Growth

Index Funds - OtherIndex Funds - OtherBenchmark: NIFTY50 Equal Weight - TRI
NAV · 16 Sep 2026₹9.71+0.36%
AUM₹98 Cr
Expense Ratio1.06%
CAGR
Exit Load0.25% on or before 15D, NIL after 15D
Min SIP₹100
Launched2026

Investment 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.

Fund Mandate

Money Market Instruments & units of debt & liquid MF schemes0%–5%
Securities covered under Nifty50 Equal Weight Index95%–100%
Asset Allocation
Domestic Equity99.4%
Cash & Equivalents0.6%
Fund Managers
NM
Nandik Mallik
Fund Manager
Key Information
1.06%
₹100
₹100
0.25% on or before 15D, NIL after 15D
Nil
Inception23 Jul 2026
AMCAxis MF
Top Holdings
1Eternal LimitedRetailing2.51%
2Bajaj Auto LimitedAutomobiles2.44%
3Titan Company LimitedConsumer Durables2.32%
4HCL Technologies LimitedIT - Software2.31%
5Tata Consultancy Services LimitedIT - Software2.23%
6Bajaj Finserv LimitedFinance2.23%
7Tech Mahindra LimitedIT - Software2.19%
8Shriram Finance LimitedFinance2.14%
9Nestle India LimitedFood Products2.13%
10Grasim Industries LimitedCement & Cement Products2.12%
Sector Allocation
IT - Software10.9%
Automobiles6.6%
Finance6.5%
Retailing2.5%
Consumer Durables2.3%
Food Products2.1%
Cement & Cement Products2.1%
Ferrous Metals2.1%
Pharmaceuticals & Biotechnology2.1%
Banks2.1%
Non - Ferrous Metals2.0%
Healthcare Services2.0%
Trailing Returns
PeriodReturns
1 Day+0.36%
1 Week-2.31%
1 Month-5.46%
-3.26%
Risk Metrics

Risk metrics are not available for this fund.

Fees
1.06%
0.25% on or before 15D, NIL after 15D
Nil
₹100
₹100
Capital Gains Tax, general rules

This is an equity-oriented fund. Under rules effective since Budget 2024 (23 July 2024):

Short-Term Capital Gains (held ≤ 12 months): taxed at a flat 20%.

Long-Term Capital Gains (held > 12 months): taxed at 12.5% on gains above ₹1.25 lakh in a financial year, with no indexation benefit.

General information only, not tax advice, actual liability depends on your overall income and applicable law at the time of redemption. Consult a tax advisor for your specific situation.

Frequently Asked QuestionsGeneral mutual-fund FAQs, not specific to this scheme