MonitorDirect · GrowthWatch before adding
Axis Nifty500 Value 50 Index Fund
Axis Mutual FundIndex Funds - Equity Funds2 years
The scheme seeks To provide returns before expenses that correspond to the Nifty500 Value 50 TRI subject to tracking error.
- NAV
- 10.5115
- 30 Oct 2026
- 1Y
- -2.3%
- Trailing CAGR
- AUM
- ₹233.67 Cr
- 30 Sept 2026
- Volatility
- High
- 17.3% annualized
Buying brief
Should you add this fund?
Evidence on this desk, framed as a purchase checklist - not SEBI-registered advice.
As of 30 Oct 2026
Stance
Watch before adding
Recent evidence is mixed. Compare peers before increasing exposure.
In three lines
Fits if · The fund beat the category median in 98% of rolling 1-year windows.
Prefer peers if · Prefer Axis Nifty Midcap 50 Index Fund if you want a same-category peer with stronger evidence.
Buy checklist
History depth
Fail
2.0 years - thin for judging consistency.
Engine status
Watch
Recent evidence is mixed. Compare peers before increasing exposure.
Expense ratio
Pass
0.39% TER (Direct). Lower cost compounds on long SIPs.
Drawdown vs peers
Pass
Peak-to-trough -18.1%. Ask whether you can hold through a similar fall.
Vs category
n/a
Category relative read still thin.
Manager tenure
Watch
Nandik Mallik · 0.7 years on the scheme.
Exit load
n/a
No exit-load summary on file.
Tax / wrapper
Pass
Direct Growth, no ELSS lock flagged. Equity LTCG rules still apply after one year - not tax advice.
Portfolio concentration
Pass
Top 10 holdings ≈ 49.0% of the portfolio.
Browse category
Same-category peers are preloaded into compare when available.
Before you buy or SIP
Behaviour and wrappers - the usual India MF failure modes - not a buy instruction.
Drawdown rehearsal
This scheme’s worst fall on file is about 18%. Before you SIP, ask whether you would keep contributing through a similar drop - pausing on fear is the usual India MF failure mode.
SIP discipline
Monitor is recent mixed evidence - keep the SIP unless the buying brief says prefer peers, then swap with intent.
NAV
Path not in current snapshots
n/a
Returns
Trailing CAGR and simulated monthly SIP XIRR from daily NAV. Category comparison uses the median of comparable share classes in the peer set.
Trailing CAGR
Point-to-point, calendar-day annualized
- 1Y-2.3%
- 3Yn/a
- 5Yn/a
- 10Yn/a
- SI+2.4%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y-11.8%
- 3Yn/a
- 5Yn/a
- 10Yn/a
- Since inception
- +2.4%
- Calendar-day CAGR
- Excess 1Y
- +3.9%
- Category median, same plan and option
- 3Y win rate
- n/a
- Windows beating the median
- 3Y percentile
- n/a
- Vs comparable share classes
- SIP 3Y XIRR
- n/a
- Simulated monthly SIP
- Worst rolling 3Y
- n/a
- 0 daily-ending windows
- Median rolling 3Y
- n/a
- Calendar-day CAGR
- Positive rolling 5Y
- n/a
- 0 daily-ending windows
Drawdown
Peak to trough from a running NAV high, with the path and recovery episodes.
- Max drawdown
- -18.1%
- Worst peak-to-trough
- Current
- -12.9%
- Below last peak
- Current spell
- 246 days
- Days below latest peak
- Time below peak
- +94%
- NAV observations
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 21 days
- 15 recovered episodes
- Longest recovery
- 217 days
- Trough to prior peak
11 Dec 2024 – 3 Oct 2025
Trough 28 Feb 2025 · recovered in 217 days
-18.1%
26 Feb 2026 – open
Trough 23 Oct 2026 · not recovered
-14.1%
6 Nov 2024 – 5 Dec 2024
Trough 21 Nov 2024 · recovered in 14 days
-6.9%
17 Nov 2025 – 30 Dec 2025
Trough 8 Dec 2025 · recovered in 22 days
-4.2%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
17
Vs category
74
Consistency
98
Risk-adjusted
19
Drawdown
55
Mean
53
Decision
Quantitative engine reasons behind the buying stance. An explanation can only restate what is already here.
Monitor
Buying stance
Watch before adding
Recent evidence is mixed. Compare peers before increasing exposure.
Why this status
- Risk-adjusted return (Sharpe) is negative over the available daily history.
Supporting reads
- The fund beat the category median in 98% of rolling 1-year windows.
Portfolio
30 Sept 2026 · 51 holdings · top 10 are 49.0%.
- Top 5
- 25.8%
- Top 10
- 49.0%
- Largest holding
- 5.3%
- Effective holdings
- 29.9
Grasim Industries Ltd
Materials
5.3%
Hindalco Industries Ltd
Materials
5.2%
Coal India Ltd
Materials
5.2%
Oil & Natural Gas Corporation Ltd
Energy & Utilities
5.1%
State Bank of India
Financial
5.0%
Worth investigating
Same-category peers with enough history to inspect beside this fund - including tradeoffs.
Axis Nifty Midcap 50 Index Fund
Axis Mutual Fund
- 1Y
- -2.9%
- 3Y
- +14.6%
- Vol
- 17.1%
- Max DD
- -20.3%
- Sharpe
- 0.64
- 3Y win
- +100%
- Lower volatility
- Higher win rate vs category
- Lower TER
- Higher trailing returns
Caveat: Deeper drawdown
Aditya Birla Sun Life Nifty Midcap 150 Index Fund
Aditya Birla Sun Life Mutual Fund
- 1Y
- -4.7%
- 3Y
- +13.5%
- Vol
- 16.7%
- Max DD
- -21.2%
- Sharpe
- 0.68
- 3Y win
- +100%
- Lower volatility
- Higher win rate vs category
- Higher trailing returns
Caveat: Deeper drawdown · Higher TER
Groww Nifty Next 50 Index Fund
Groww Mutual Fund
- 1Y
- -2.8%
- 3Y
- n/a
- Vol
- 16.6%
- Max DD
- -14.3%
- Sharpe
- -0.18
- 3Y win
- n/a
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
Caveat: Higher TER · Lower trailing returns
JioBlackRock Nifty Midcap 150 Index Fund
Jio BlackRock Mutual Fund
- 1Y
- -4.6%
- 3Y
- n/a
- Vol
- 15.9%
- Max DD
- -14.0%
- Sharpe
- -0.38
- 3Y win
- n/a
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
Caveat: Higher TER · Lower trailing returns
Aditya Birla Sun Life Nifty 50 Equal Weight index Fund
Aditya Birla Sun Life Mutual Fund
- 1Y
- -5.1%
- 3Y
- +11.3%
- Vol
- 13.7%
- Max DD
- -18.0%
- Sharpe
- 0.46
- 3Y win
- +15%
- Lower volatility
- Shallower drawdown
- Higher trailing returns
Caveat: Higher TER