NIFTY50 Equal Weight index funds compared
16 plans that track the NIFTY50 Equal Weight index, compared on cost and how closely they follow it. Data as of 5 Nov 2026.
Direct plans (8)
| Fund | Rating | Expense ratio | Tracking difference, 1Y | Tracking error, 1Y | 1Y return | AUM |
|---|---|---|---|---|---|---|
| UTI Nifty50 Equal Weight Index FundUTI Mutual Fund | A | 0.44% | -0.38% | 0.04% | 1.5% | ₹152 cr |
| Aditya Birla Sun Life Nifty 50 Equal Weight index FundAditya Birla Sun Life Mutual Fund | B | 0.41% | -0.40% | 0.06% | 1.5% | ₹524 cr |
| DSP Nifty 50 Equal Weight Index FundDSP Mutual Fund | B | 0.48% | -0.36% | 0.07% | 1.5% | ₹2,647 cr |
| ICICI Prudential Nifty50 Equal Weight Index Fund-ICICI Prudential Mutual Fund | B | 0.40% | -0.46% | 0.05% | 1.4% | ₹264 cr |
| Kotak Nifty 50 Equal Weight Index FundKotak Mahindra Mutual Fund | B | 0.48% | -0.05% | 0.36% | 1.8% | ₹67 cr |
| HDFC NIFTY50 Equal Weight Index FundHDFC Mutual Fund | C | 0.46% | -0.49% | 0.04% | 1.4% | ₹1,791 cr |
| SBI Nifty50 Equal Weight Index FundSBI Mutual Fund | C | 0.50% | -0.53% | 0.03% | 1.3% | ₹1,059 cr |
| Axis Nifty50 Equal Weight Index FundAxis Mutual Fund | – | 0.98% | –% | –% | – | ₹75 cr |
Regular plans (8)
| Fund | Rating | Expense ratio | Tracking difference, 1Y | Tracking error, 1Y | 1Y return | AUM |
|---|---|---|---|---|---|---|
| HDFC NIFTY50 Equal Weight Index FundHDFC Mutual Fund | A+ | 0.89% | -0.97% | 0.05% | 0.9% | ₹1,791 cr |
| UTI Nifty50 Equal Weight Index FundUTI Mutual Fund | A | 0.89% | -0.83% | 0.05% | 1.0% | ₹152 cr |
| SBI Nifty50 Equal Weight Index FundSBI Mutual Fund | A | 0.97% | -1.02% | 0.05% | 0.9% | ₹1,059 cr |
| Kotak Nifty 50 Equal Weight Index FundKotak Mahindra Mutual Fund | B | 0.98% | -0.57% | 0.36% | 1.3% | ₹67 cr |
| DSP Nifty 50 Equal Weight Index FundDSP Mutual Fund | B | 1.04% | -0.91% | 0.08% | 0.9% | ₹2,647 cr |
| Aditya Birla Sun Life Nifty 50 Equal Weight index FundAditya Birla Sun Life Mutual Fund | C | 1.05% | -1.04% | 0.07% | 0.8% | ₹524 cr |
| ICICI Prudential Nifty50 Equal Weight Index Fund-ICICI Prudential Mutual Fund | C | 1.08% | -1.17% | 0.06% | 0.7% | ₹264 cr |
| Axis Nifty50 Equal Weight Index FundAxis Mutual Fund | – | 1.77% | –% | –% | – | ₹75 cr |
Common questions
How many NIFTY50 Equal Weight index funds are there?
8 schemes track the NIFTY50 Equal Weight index, with 16 plans (Regular and Direct), as of 5 Nov 2026.
Which NIFTY50 Equal Weight index fund has the lowest tracking error?
Among Direct plans, SBI Nifty50 Equal Weight Index Fund had the lowest 1-year tracking error, 0.03%, as of 5 Nov 2026. Tracking error measures how closely the fund follows the index day to day.
Which NIFTY50 Equal Weight index fund has the lowest expense ratio?
Among Direct plans, ICICI Prudential Nifty50 Equal Weight Index Fund- at 0.40% a year, as of 5 Nov 2026.
How do you choose between index funds on the same index?
They hold the same stocks, so look at cost (expense ratio), how closely they track (tracking difference and tracking error) and size (AUM, for smooth trading). Our rating weighs those in that order.
Ratings describe past tracking and cost, not a recommendation. Read the scheme documents before investing.