Axis Nifty500 Value 50 Index Fund
The scheme seeks To provide returns before expenses that correspond to the Nifty500 Value 50 TRI subject to tracking error.
Growthvine rating: 2/5 — ranked #14 of 24 in category.
Fund basics
| Category | Equity: Value |
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| NAV | ₹10.55 (as of 2026-10-01) |
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| AUM | ₹232 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 | −18.27% |
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| Alpha | 0 |
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| Beta | 0 |
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Over 5 years, captured 103.1% of Nifty 500's upside and 81.4% of its downside.
Market cap allocation
| Large cap | 65.0% |
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| Mid cap | 20.9% |
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| Small cap | 14.1% |
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Concentration
| Top 5 holdings | 26.0% |
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| Top 10 holdings | 48.8% |
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| Total holdings | 50 |
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| Index overlap | 11.9% |
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| Active share | 88.1% |
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Top holdings
- Grasim Industries Ltd — 5.5%
- Hindalco Industries Ltd. — 5.3%
- State Bank Of India — 5.2%
- Vedanta Ltd. — 5.0%
- Oil And Natural Gas Corporation Ltd — 4.9%
- NTPC Limited — 4.7%
- Coal India Limited — 4.6%
- POWER GRID CORPORATION OF INDIA LIMITED — 4.6%
- TATA MOTORS PASSENGER VEHICLES LIMITED — 4.5%
- Bharat Petroleum Corpn. Ltd. — 4.3%
Top sectors
- Banking & Financial — 19.1%
- Petroleum Products — 15.3%
- Metals — 12.1%
Calendar-year track record
| Year | Return | Quartile | Category rank |
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| 2026 (partial) | −3.2% | Q2 | #9 of 23 |
| 2025 | 15.6% | Q1 (Top) | #1 of 22 |