MF Gyan
indexUnknown riskLess than a year old

Axis Nifty50 Equal Weight Index Fund - Direct Plan - Growth Option

Copies an index like the Nifty 50 or Sensex. Low fees, no active fund manager, returns match the market. From Axis Mutual Fund. It's been running since 28 Jul 2026.

This fund is under 3 years old — its short track record makes comparing to peers or judging consistency less reliable.
Latest price per unit
₹10.0035
▲ 0.09% today
As of 4 Sep 2026 · updated once each business day
Not enough price history yet to tell the money story.
How it compares to peers

Vs 95 other funds in Index Funds - Equity Funds

Same plan
Worst-ever drop
-4.09%median -17.02% (+12.93%)
Rank #88 of 96Less risky than 8% of peers

Descriptive rankings within the same category and plan. Not a recommendation — one fund beating another historically does not mean it will continue to do so.

Price over time

How the per-unit price has moved. Tap a range to zoom in.

Bumpiness & worst drops

Day-to-day bumpiness
—

Not enough history to measure.

Worst drop ever
-4.09%

A lump sum invested at the previous peak would have temporarily lost about this much before recovering. Finance-speak calls this max drawdown.

Similar funds you might want to look at

Same category, same plan, sorted by 3-year return. Not recommendations — just neighbours.

Head-to-head comparisons

Side-by-side comparisons of Axis Nifty50 Equal Weight Index Fund - Direct Plan - Growth Option against other index funds.

Technical details (for the pros)
CAGR — 1 year—
CAGR — 3 years—
CAGR — 5 years—
CAGR — since launch-8.49%
Volatility — 1 year (annualised)—
Volatility — 3 years (annualised)—
Max drawdown — 1 year-4.09%
Max drawdown — 3 years-4.09%
Sharpe ratio — 1 year (rf=6%)—
Sharpe ratio — 3 years (rf=6%)—

Fund info

Fund house
Axis Mutual Fund
Category
Index Funds - Equity Funds
Plan
Direct
Option
Growth
ISIN (Growth)
INF846KA1564
ISIN (Div re-invest)
—
Fund code
154460
First price on record
28 Jul 2026 · 29 daily prices

About Axis Nifty50 Equal Weight Index Fund - Direct Plan - Growth Option

Axis Nifty50 Equal Weight Index Fund - Direct Plan - Growth Option is a Index Funds - Equity Funds offered by Axis Mutual Fund under the Direct plan with the Growth option. It has approximately 0 year of NAV track record. The fund falls in the index category — Copies an index like the Nifty 50 or Sensex. Low fees, no active fund manager, returns match the market.

The current NAV of Axis Nifty50 Equal Weight Index Fund - Direct Plan - Growth Option is ₹10.0035 (as of 4 Sep 2026). Returns are historical and don't predict future performance.

its deepest peak-to-trough fall on record was 4.1%. Being mentally prepared for drawdowns of this size is what separates long-term investors from reactive traders.

Frequently asked

What is the latest NAV of Axis Nifty50 Equal Weight Index Fund - Direct Plan - Growth Option?+

The latest NAV of Axis Nifty50 Equal Weight Index Fund - Direct Plan - Growth Option is ₹10.0035 as of 4 Sep 2026, up 0.09% from the previous day. NAV is updated once a business day after the market close.

What category does Axis Nifty50 Equal Weight Index Fund - Direct Plan - Growth Option belong to?+

Axis Nifty50 Equal Weight Index Fund - Direct Plan - Growth Option is categorised as Index Funds - Equity Funds. Copies an index like the Nifty 50 or Sensex. Low fees, no active fund manager, returns match the market.

Is Axis Nifty50 Equal Weight Index Fund - Direct Plan - Growth Option a direct plan?+

Axis Nifty50 Equal Weight Index Fund - Direct Plan - Growth Option is a Direct plan (no distributor commission — lower expense ratio) with the Growth option (all returns compound within the fund, no interim payouts).

How old is Axis Nifty50 Equal Weight Index Fund - Direct Plan - Growth Option?+

Axis Nifty50 Equal Weight Index Fund - Direct Plan - Growth Option has NAV history available from 28 Jul 2026 — approximately 0 year of track record and 29 daily NAV observations.

Numbers are computed from stored daily prices from mfapi.in/AMFI. This is descriptive analytics, not investment advice. Past performance is not indicative of future returns.