Now, let’s take a look at his choice of movies:
1.
Overshadowed by Ash
2.

Overshadowed by Ash and Anil Kapoor.
3.
Overshadowed by Sunny Deol.
4.
Overshadowed by Paresh Rawal.
5.
Overshadowed by Paresh Rawal again.
6.
Overshadowed by Aamir Khan.
During the later part of his career, he started doing movies for which he was recognised:
Image courtesy: Google.
Additionally he was losing hair right from 1997 which affected his looks. Again he was not the quintessential hero who always ended up playing the second fiddle either to the heroine/main lead/comedian.
Was never looked upon either by the producers or the audience as one who could carry a film on his shoulders which was the reason he didn’t prove to be commercially very successful as his peers.
Edit 1: Thanks for all the response guys and gals. Been a follower of Akshaye for a long time now……
Edit 2: As suggested by Gaurav Mishra…..” Gandhi, My Father” was one of his finest performances and pretty underrated as well….
Image source: Google.
Edit 3: As suggested by some viewers I have added “GALI GALI CHOR HAI” in the list of the films he was not able to shoulder all by himself.
It was a comedy-drama film directed by Rumi Jaffrey, featuring Akshaye Khanna, Shriya Saran and Mugdha Godse in the lead roles. Made on a modest budget of 13 crores, it could not recover the money for its producers/distributors.
Image source: Google.
However as some viewers have suggested, he comes up with some wonderful acting albeit in multi-starrers like “RACE”.
Image source: Google.
Edit 4: I have added a few more of his poor choice of movies in the late 90s and early 2000s due to which his career suffered.

Image source: Google.
Edit 5:
Akshaye must surely a happy man looking at all the responses for the answer.
Image source: Google.
Edit 6:
I thought I should add some additional info about AK.
Post 2012, he’s done 1 film. Suggesting a cricketer’s utter lack of runs in 4 back-to-back year’s. That’s not just sad. It’s a worrying statistic.
And even then, despite finding himself with dollops of incredible courage, going as far as ridiculing himself on screen in Akshay Kumar’s “Tees Maar Khan” as the melodramatic, baloney of an actor, the 42-year-old hasn’t yet made his mark. That’s the audiences’ perspective.
Sad ain’t it????
Image source: Google.
Edit 7.
Thanks for the inputs-Deepak and Anurag. Have added “HUMRAAZ” and “36 CHINA TOWN” in the list of his good movies.
Image courtesy: Google.