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Index FundVery High RiskAxis Mutual Fund

Axis Nifty500 Value 50 Index Fund

Portfolio as on Aug 2026 · 50 equity positions

Equity positions
50
Equity value
₹235 Cr
Top holding
5.50%
Grasim Industries Ltd
NAV per unit
₹10.74
Aug 2026
Avg AUM
₹232.40 Cr
Expense ratio
0.53% p.a.
Fund managers
Nandik Malik, Rohit Gautam

Same portfolio, 3 funds

These 3 passive funds hold portfolios at least 90% identical by weight. They track the same index, so the stocks inside are the same and what you pay to hold them is the main difference. In our data their expense ratios run from 0.53% to 0.80% a year.

FundExpense ratio
Axis Nifty500 Value 50 Index Fund (this fund)
0.53% p.a.
UTI Nifty 500 Value 50 Index Fund
0.80% p.a.
Axis Nifty500 Value 50 ETF
—

Cost is not the only difference. An ETF trades on the exchange like a share, so buying one needs a demat account and costs brokerage and the bid–ask spread; an index fund is bought from the fund house at NAV. Tracking error also varies from fund to fund. Expense ratios are the direct-plan figures from our AMFI-sourced feed and can lag a fund house's latest change; a dash means we do not have one yet, which is currently true of every ETF. Check the fund house's own disclosure before investing. Information only, not investment advice. Why so many funds hold the same portfolio →

Own another fund too? See how much they overlap →

The portfolio at a glance

Axis Nifty500 Value 50 Index Fund is an Index Fund scheme from Axis MF. Its Aug 2026 portfolio holds 50 stocks, and its average assets under management are ₹232.40 Cr.

As an index tracker it holds what its index holds, in the same proportions. The largest position is Grasim Industries at 5.50% of the portfolio, and the ten largest together make up 48.78%.

By sector, Banks is the largest at 19.19% of the equity portfolio, followed by Power (11.40%) and Petroleum Products (10.64%).

Hold other funds too? The fund overlap tool shows how many of these stocks they share. A scheme's official riskometer is in its factsheet on the fund house's website.

NAV history

₹11.10 per unit +6.6% vs Oct '25

Last 365 days · daily NAV from AMFI · Axis Nifty500 Value 50 Index Fund

₹10.29₹11.20₹12.10Oct '25Dec '25Mar '26Jun '26Sep '26

Performance & risk

Annualized return
+7.4%
Volatility
15%
Sharpe ratio
0.06
Beta
0.87
explains 58% of moves
Alpha
+15.1%
vs. benchmark, annualized

Based on ~11 months of weekly NAV history from AMFI. Volatility is the annualized standard deviation of NAV returns. Sharpe ratio and alpha assume a 6.5% risk-free rate. Beta measures how much the fund moves with its benchmark (1.0 = in step); alpha is the return above what that beta would predict. Measured against the NAV of Kotak Nifty 50 Index Fund, standing in for the NIFTY 50 itself. A tracker's NAV is the index minus its running costs, so this compares funds against an investable benchmark rather than a costless one. Past performance does not guarantee future returns — not investment advice.

Sector allocation

Banks: 19% · ₹45 Cr · 13 fundsPower: 11% · ₹27 Cr · 5 fundsPetroleum Products: 11% · ₹25 Cr · 4 fundsNon - Ferrous Metals: 7% · ₹17 Cr · 2 fundsOil: 6% · ₹14 Cr · 2 fundsFinance: 6% · ₹13 Cr · 4 fundsCement & Cement Products: 6% · ₹13 Cr · 1 fundsOther: 35% · ₹81 Cr · 19 funds
50stocks
  • Banks19%
  • Power11%
  • Petroleum Products11%
  • Non - Ferrous Metals7%
  • Oil6%
  • Finance6%
  • Cement & Cement Products6%
  • Other35%

Top holdings

Top 10 holdings make up 48.8% of the portfolio · top 5 = 26.0%.

50 stocks
#
1Grasim IndustriesCement & Cement Products₹12.96 Cr
5.50%
2Hindalco IndustriesNon - Ferrous Metals₹12.50 Cr
5.31%
3State Bank of IndiaBanks₹12.32 Cr
5.23%
4VedantaDiversified Metals₹11.84 Cr
5.03%
5Oil & Natural Gas CorporationOil₹11.62 Cr
4.93%
6NTPCPower₹11.03 Cr
4.68%
7Coal IndiaConsumable Fuels₹10.94 Cr
4.64%
8Power Grid Corporation of IndiaPower₹10.90 Cr
4.63%
9Tata Motors Passenger VehiclesAutomobiles₹10.62 Cr
4.51%
10Bharat Petroleum CorporationPetroleum Products₹10.17 Cr
4.32%
11Indian Oil CorporationPetroleum Products₹8.35 Cr
3.55%
12RedingtonCommercial Services & Supplies₹6.37 Cr
2.70%
13Hindustan Petroleum CorporationPetroleum Products₹5.77 Cr
2.45%
14Aster DM Quality CareHealthcare Services₹5.73 Cr
2.43%
15Power Finance CorporationFinance₹5.72 Cr
2.43%
16GAIL (India)Gas₹5.31 Cr
2.25%
17NMDCMinerals & Mining₹4.84 Cr
2.05%
18RECFinance₹4.58 Cr
1.94%
19Bank of BarodaBanks₹4.48 Cr
1.90%
20IndusInd BankBanks₹4.38 Cr
1.86%
21UPLFertilizers & Agrochemicals₹4.22 Cr
1.79%
22Canara BankBanks₹4.20 Cr
1.78%
23Steel Authority of IndiaFerrous Metals₹4.13 Cr
1.76%
24National Aluminium CompanyNon - Ferrous Metals₹4.10 Cr
1.74%
25Punjab National BankBanks₹3.95 Cr
1.68%
26The Federal BankBanks₹3.86 Cr
1.64%
27Union Bank of IndiaBanks₹3.36 Cr
1.43%
28The Great Eastern Shipping CompanyTransport Services₹2.49 Cr
1.06%
29Indian BankBanks₹2.29 Cr
0.97%
30Oil IndiaOil₹2.25 Cr
0.96%
31Petronet LNGGas₹2.19 Cr
0.93%
32IRB Infrastructure DevelopersConstruction₹2.00 Cr
0.85%
33Bank of IndiaBanks₹1.98 Cr
0.84%
34Zee Entertainment EnterprisesEntertainment₹1.96 Cr
0.83%
35Reliance PowerPower₹1.92 Cr
0.81%
36Karur Vysya BankBanks₹1.85 Cr
0.78%
37AWL Agri BusinessAgricultural Food & Other Products₹1.84 Cr
0.78%
38CyientIT - Services₹1.80 Cr
0.77%
39LIC Housing FinanceFinance₹1.74 Cr
0.74%
40Tata ChemicalsChemicals & Petrochemicals₹1.63 Cr
0.69%
41CESCPower₹1.50 Cr
0.64%
42NCCConstruction₹1.48 Cr
0.63%
43Jaiprakash Power VenturesPower₹1.40 Cr
0.59%
44Cholamandalam Financial HoldingsFinance₹1.25 Cr
0.53%
45Chambal Fertilizers & ChemicalsFertilizers & Agrochemicals₹99.78 L
0.42%
46Bank of MaharashtraBanks₹94.40 L
0.40%
47Bandhan BankBanks₹92.49 L
0.39%
48Indraprastha GasGas₹80.96 L
0.34%
49Castrol IndiaPetroleum Products₹69.20 L
0.29%
50RBL BankBanks₹49.11 L
0.21%

Axis Nifty500 Value 50 Index Fund — FAQ

What are the top holdings of Axis Nifty500 Value 50 Index Fund?
Axis Nifty500 Value 50 Index Fund holds 50 equity positions; the largest is Grasim Industries Ltd at 5.50% of the portfolio, as on Aug 2026. Information only, not investment advice.
How concentrated is Axis Nifty500 Value 50 Index Fund?
Its single largest equity position is Grasim Industries Ltd, at 5.50% of the fund's disclosed portfolio.
As of when is this Axis Nifty500 Value 50 Index Fund portfolio?
Portfolio as on Aug 2026, taken from Axis Mutual Fund's public monthly portfolio disclosure.
What is the NAV of Axis Nifty500 Value 50 Index Fund?
The latest NAV (Net Asset Value) of Axis Nifty500 Value 50 Index Fund is ₹10.74 per unit, as on Aug 2026, sourced from AMFI's public scheme data. NAV changes daily with market movements. Information only, not investment advice.
What is the AUM of Axis Nifty500 Value 50 Index Fund?
Axis Nifty500 Value 50 Index Fund has a Monthly Average AUM (Assets Under Management) of ₹232.40 Cr, as per AMFI's latest published data. AUM reflects the total market value of all assets managed across all plans of this scheme. Information only, not investment advice.
Who manages Axis Nifty500 Value 50 Index Fund?
Axis Nifty500 Value 50 Index Fund is managed by Nandik Malik; Rohit Gautam, as per AMFI's public disclosure. Fund manager details sourced from Kuvera/AMFI data. Information only, not investment advice.
What is the expense ratio of Axis Nifty500 Value 50 Index Fund?
Axis Nifty500 Value 50 Index Fund has a Total Expense Ratio (TER) of 0.53% p.a., as disclosed to AMFI. The TER is the annual cost of running the fund, deducted daily from the NAV. A lower TER means more of the fund's return flows to investors. Information only, not investment advice.
What is the 1-year NAV return of Axis Nifty500 Value 50 Index Fund?
Axis Nifty500 Value 50 Index Fund's NAV moved from ₹10.42 (Oct 2025) to ₹11.10 (Sep 2026), a change of 6.6% over approximately one year. NAV data sourced from AMFI. Past performance is not indicative of future returns. Information only, not investment advice.
What is the Sharpe ratio of Axis Nifty500 Value 50 Index Fund?
Based on roughly 11 months of NAV history, Axis Nifty500 Value 50 Index Fund has an annualized return of about 7.4% with 15% annualized volatility, giving a Sharpe ratio of 0.06 (assuming a 6.5% risk-free rate). A higher Sharpe ratio means more return per unit of risk taken. Past performance is not indicative of future returns.
What are the beta and alpha of Axis Nifty500 Value 50 Index Fund?
Axis Nifty500 Value 50 Index Fund has a beta of 0.87 and an annualized alpha of +15.1%. Beta measures how much the fund moves with its benchmark — 1.0 means it moves in step, above 1.0 amplifies it. Alpha is the return above what that beta would predict. Measured against the NAV of Kotak Nifty 50 Index Fund, standing in for the NIFTY 50 itself. A tracker's NAV is the index minus its running costs, so this compares funds against an investable benchmark rather than a costless one. Alpha assumes a 6.5% risk-free rate. The benchmark explains 58% of this fund's movement. Past performance is not indicative of future returns. Information only, not investment advice.

Similar funds

How much does Axis Nifty500 Value 50 Index overlap with UTI Nifty 50 Index? →

Equity holdings only, ISIN-verified, from Axis Mutual Fund's public monthly portfolio disclosure (Aug 2026). Not investment advice.
Weight = the position as a % of this fund's portfolio. Values in ₹: L = Lakh (1,00,000), Cr = Crore (1,00,00,000).