| Launch date | 03 Jul 2026 |
| Allotment date | 23 Jul 2026 |
| End date | 17 Jul 2026 |
| NAV | ₹10.00 |
Expense ratio, exit load and tax
Expense ratio: --
Inclusive of GST
Exit load
Exit load of 0.25%, if redeemed within 15 days.
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
If you redeem within one year, returns are taxed at 20%. If you redeem after one year, returns exceeding Rs 1.25 lakh in a financial year are taxed at 12.5%.
Minimum investment amounts
| Min. for 1st investment | ₹100 |
| Min. for 2nd investment onwards | ₹100 |
| Min. for SIP | ₹100 |
Fund management
Nandik MallikJul 2026 - PresentView details
Rohit GautamJul 2026 - PresentView details
Fund house & investment objective
| Rank (total assets) | #7 in India |
|---|---|
| Total AUM | ₹3,56,814.22Cr |
| Date of Incorporation | 04 Sep 2009 |
|---|
Axis Nifty50 Equal Weight Index Fund Direct Growth is a Equity Mutual Fund Scheme launched by Axis Mutual Fund. This scheme was made available to investors on 04 Sep 2009. Nandik Mallik is the Current Fund Manager of Axis Nifty50 Equal Weight Index Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹3,56,814 Cr and the Latest NAV as of 03 Jul 2026 is ₹10.00. The Axis Nifty50 Equal Weight Index Fund Direct Growth is rated Very High risk. Minimum SIP Investment is set to ₹100. Minimum Lumpsum Investment is ₹100. Exit load of 0.25%, if redeemed within 15 days. ;
Investment Objective
The scheme seeks to provide returns before expenses that correspond to the performance of Nifty50 Equal Weight TRI subject to tracking error. ;
| Fund benchmark | NIFTY 50 Equal Weight Total Return Index |
|---|
Fund house contact details
Peer Comparison
| Equity, Large Cap funds | Rating | 1Y | 3Y | Fund Size(Cr) |
|---|---|---|---|---|
Invesco India Largecap Fund Direct Growth | 5 | 4.5% | 14.7% | 1,847.38 |
WhiteOak Capital Large Cap Fund Direct Growth | 5 | 2.1% | 14.4% | 1,328.66 |
Nippon India Large Cap Fund Direct Growth | 5 | 0.2% | 12.7% | 53,227.04 |
ICICI Prudential Large Cap Fund Direct Growth | 5 | -0.6% | 12.4% | 79,420.74 |
DSP Large Cap Fund Direct Growth | 5 | -2.8% | 12.1% | 7,190.45 |