Investors looking for a new mutual fund option have some good news. Axis Mutual Fund has launched the Axis Nifty50 Equal Weight Index Fund, a new open-ended index scheme that gives equal importance to all companies in the Nifty 50 index.
The New Fund Offer (NFO) opened on July 3, 2026, giving investors a fresh opportunity to invest in India’s top companies through a different strategy.
How Is This Fund Different From the Regular Nifty 50?
In a regular Nifty 50 index fund, larger companies get a bigger share because of their higher market value. This means that if a few big companies perform poorly, the fund’s returns can be heavily affected.
The Axis Nifty50 Equal Weight Index Fund works differently. It gives equal weight to all 50 companies in the index, reducing dependence on a few large stocks.
The portfolio is also rebalanced every quarter to maintain equal allocation among all companies.
You Can Start Investing With Just ₹100
One of the biggest attractions of this fund is its low entry requirement. Investors can start with just ₹100, and additional investments can be made in multiples of ₹1.
The fund is managed by Nandik Mallick and Rohit Gautam. According to historical data, equal-weight strategies have delivered average long-term returns of around 13% to 15% annually, although returns are not guaranteed.
Why Are Equal Weight Funds Becoming Popular?
Investor interest in equal-weight funds has grown rapidly in recent years. The total assets under management (AUM) in this category were around ₹100 crore in 2019-20, but the figure is expected to reach nearly ₹10,000 crore by 2025-26.
Experts believe these funds have often delivered better returns than the standard Nifty 50 while maintaining a similar level of risk.
What Axis AMC’s CEO Said
Speaking about the launch, B Gopakumar, MD and CEO of Axis AMC, said the fund offers investors a new and balanced way to invest in India’s leading companies.
He added that more investors are turning towards passive and index funds to diversify their portfolios, and the company expects this fund to create long-term value for investors.
