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Default Referencing Tabs

Here is the formula that I have inputed; however I am still getting a #NUM!
error.

=INDEX(+Equity!$E:$E,$E127+($E$13*(COLUMN()-5)))

I'm in the 'IRR' tab and am working in row 5, and I need to reference cells
in the 'Equity' tab. I need to reference Equity!E127, and then every 13th
row (in column e) after that. I would like to be able to drag this formula
(in the 'IRR' tab)across row 5 (in the IRR tab) and reference every 13th row
(in the Equity tab) in column E.

Thank you for the help!

 
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