Axis Nifty500 Momentum 50 Index Fund
The scheme seeks to provide returns before expenses that correspond to the Nifty500 Momentum 50 TRI subject to tracking errors.
Growthvine rating: 1/5 — ranked #235 of 245 in category.
Fund basics
| Category | Equity: Index |
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| NAV | ₹10.70 (as of 2026-10-01) |
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| AUM | ₹166 Cr |
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| Expense ratio | 0.90% |
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| Riskometer | Very High |
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| Fund manager | Nandik Mallik |
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| Exit load | 0.25% for redemption within 15 days |
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Performance & risk
| Standard deviation | 0.00% |
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| Max drawdown | −17.57% |
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| Alpha | 0 |
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| Beta | 0 |
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Market cap allocation
| Large cap | 43.7% |
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| Mid cap | 35.9% |
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| Small cap | 20.4% |
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Concentration
| Top 5 holdings | 25.9% |
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| Top 10 holdings | 45.4% |
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| Total holdings | 50 |
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Top holdings
- Multi Commodity Exchange of India Ltd — 5.7%
- Laurus Labs Limited — 5.6%
- Shriram Finance Limited — 5.2%
- Hindalco Industries Ltd. — 5.0%
- Cummins India Ltd. — 4.4%
- GE Vernova T&D India Limited — 4.2%
- Adani Power Limited — 4.1%
- BSE Ltd. — 4.0%
- Federal Bank Ltd. — 3.8%
- Bharat Heavy Electricals Ltd. — 3.5%
Top sectors
- Electricals — 18.1%
- Banking & Financial — 17.6%
- Industrial Products — 13.2%
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|
| 2026 (partial) | −0.7% | — | — |