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Fund Overview

Fund Size

Fund Size

₹34,404 Cr

Expense Ratio

Expense Ratio

0.82%

ISIN

ISIN

INF846K01EH3

Minimum SIP

Minimum SIP

₹100

Exit Load

Exit Load

1.00%

Inception Date

Inception Date

01 Jan 2013

About this fund

Axis Midcap Fund Direct Growth is a Mid-Cap mutual fund schemes offered by Axis Mutual Fund. This fund has been in existence for 13 years, 7 months and 28 days, having been launched on 01-Jan-13.
As of 28-Aug-26, it has a Net Asset Value (NAV) of ₹144.91, Assets Under Management (AUM) of 34403.73 Crores, and an expense ratio of 0.82%.
  • Axis Midcap Fund Direct Growth has given a CAGR return of 18.86% since inception.
  • The fund's asset allocation comprises around 90.53% in equities, 0.13% in debts, and 9.34% in cash & cash equivalents.
  • You can start investing in Axis Midcap Fund Direct Growth with a SIP of ₹100 or a Lumpsum investment of ₹100.

Performance against Category Average

In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.

1 Year

+11.38%

+11.97% (Cat Avg.)

3 Years

+18.11%

+18.57% (Cat Avg.)

5 Years

+14.69%

+16.86% (Cat Avg.)

10 Years

+17.88%

+15.90% (Cat Avg.)

Since Inception

+18.86%

(Cat Avg.)

Portfolio Summaryas of 31st July 2026

Equity31,145.72 Cr90.53%
Debt44.83 Cr0.13%
Others3,213.17 Cr9.34%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
Clearing Corporation Of India LtdCash - Repurchase Agreement3,069.12 Cr8.92%
The Federal Bank LtdEquity1,569.62 Cr4.56%
Fortis Healthcare LtdEquity1,183.37 Cr3.44%
Sona BLW Precision Forgings LtdEquity908.58 Cr2.64%
Indian Hotels Co LtdEquity808.62 Cr2.35%
GE Vernova T&D India LtdEquity794.15 Cr2.31%
Phoenix Mills LtdEquity752.54 Cr2.19%
Apar Industries LtdEquity750.05 Cr2.18%
Bharat Forge LtdEquity720.63 Cr2.09%
Ipca Laboratories LtdEquity700.07 Cr2.03%
Cummins India LtdEquity649.22 Cr1.89%
Bharat Heavy Electricals LtdEquity636.42 Cr1.85%
Solar Industries India LtdEquity626.81 Cr1.82%
ICICI Bank LtdEquity624.46 Cr1.82%
Coromandel International LtdEquity619.24 Cr1.80%
Radico Khaitan LtdEquity585.84 Cr1.70%
Schaeffler India LtdEquity579.83 Cr1.69%
Lenskart Solutions LtdEquity576.42 Cr1.68%
FSN E-Commerce Ventures LtdEquity569.3 Cr1.65%
PB Fintech LtdEquity566.12 Cr1.65%
Eternal LtdEquity553.16 Cr1.61%
Premier Energies LtdEquity529.71 Cr1.54%
Marico LtdEquity513.51 Cr1.49%
Alkem Laboratories LtdEquity513.05 Cr1.49%
UNO Minda LtdEquity504.28 Cr1.47%
JK Cement LtdEquity483.21 Cr1.40%
Abbott India LtdEquity452.72 Cr1.32%
Torrent Power LtdEquity447.64 Cr1.30%
TVS Motor Co LtdEquity441.57 Cr1.28%
Bajaj Finance LtdEquity440.38 Cr1.28%
BSE LtdEquity437.02 Cr1.27%
Multi Commodity Exchange of India LtdEquity398.32 Cr1.16%
Vishal Mega Mart LtdEquity390.67 Cr1.14%
Coforge LtdEquity389.94 Cr1.13%
Info Edge (India) LtdEquity378.54 Cr1.10%
Nifty August 2026 FutureEquity Index - Future377.65 Cr1.10%
Dixon Technologies (India) LtdEquity372.88 Cr1.08%
SRF LtdEquity364.9 Cr1.06%
ICICI Lombard General Insurance Co LtdEquity355.62 Cr1.03%
Supreme Industries LtdEquity352.95 Cr1.03%
AU Small Finance Bank LtdEquity348.97 Cr1.01%
Bharti Hexacom LtdEquity342.68 Cr1.00%
Page Industries LtdEquity337.95 Cr0.98%
Ather Energy LtdEquity335.98 Cr0.98%
L&T Finance LtdEquity333.44 Cr0.97%
Shriram Finance LtdEquity318.53 Cr0.93%
Axis Money Market Dir GrMutual Fund - Open End309.17 Cr0.90%
K.P.R. Mill LtdEquity303.31 Cr0.88%
Blue Star LtdEquity302.17 Cr0.88%
CG Power & Industrial Solutions LtdEquity295.72 Cr0.86%
Hindustan Petroleum Corp LtdEquity288.6 Cr0.84%
Torrent Pharmaceuticals LtdEquity257.31 Cr0.75%
Voltas LtdEquity256.35 Cr0.75%
PI Industries LtdEquity256.17 Cr0.74%
Tube Investments of India Ltd Ordinary SharesEquity248.4 Cr0.72%
Mphasis LtdEquity240.16 Cr0.70%
Sundaram Finance LtdEquity234.39 Cr0.68%
Indian BankEquity218.79 Cr0.64%
3M India LtdEquity196 Cr0.57%
Craftsman Automation LtdEquity194.97 Cr0.57%
Cholamandalam Investment and Finance Co LtdEquity187.13 Cr0.54%
Trent LtdEquity182.87 Cr0.53%
Billionbrains Garage Ventures LtdEquity171.59 Cr0.50%
Jindal Steel LtdEquity171.13 Cr0.50%
Cholamandalam Financial Holdings LtdEquity169.54 Cr0.49%
Bharat Electronics LtdEquity165.62 Cr0.48%
IndusInd Bank LtdEquity147.56 Cr0.43%
KEI Industries LtdEquity147.36 Cr0.43%
Fine Organic Industries Ltd Ordinary SharesEquity145.32 Cr0.42%
Prestige Estates Projects LtdEquity144.05 Cr0.42%
Anthem Biosciences LtdEquity139.92 Cr0.41%
LG Electronics India LtdEquity134.15 Cr0.39%
Mankind Pharma LtdEquity126.73 Cr0.37%
Net Receivables / (Payables)Cash-120.29 Cr0.35%
Astral LtdEquity119.25 Cr0.35%
Tata Communications LtdEquity116.71 Cr0.34%
Indo MIM LtdEquity107.54 Cr0.31%
ITC Hotels LtdEquity89.95 Cr0.26%
Endurance Technologies LtdEquity86.7 Cr0.25%
Bosch LtdEquity84.6 Cr0.25%
InterGlobe Aviation LtdEquity77.38 Cr0.22%
Mahindra & Mahindra Financial Services LtdEquity69.2 Cr0.20%
Bharti Airtel Limited August 2026 FutureEquity - Future52.01 Cr0.15%
Persistent Systems LtdEquity42.66 Cr0.12%
Linde India LtdEquity19.07 Cr0.06%
Lupin LtdEquity12.45 Cr0.04%
Mahindra & Mahindra LtdEquity6.35 Cr0.02%

Allocation By Market Cap (Equity)

Large Cap Stocks

18.78%

Mid Cap Stocks

66.85%

Small Cap Stocks

3.34%

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

SectorAmount sortHoldings sort
Consumer Cyclical7,355.67 Cr21.38%
Financial Services6,590.67 Cr19.16%
Industrials5,207.12 Cr15.14%
Healthcare3,962.04 Cr11.52%
Basic Materials2,320.94 Cr6.75%
Technology1,709.5 Cr4.97%
Consumer Defensive1,099.35 Cr3.20%
Real Estate896.6 Cr2.61%
Communication Services837.93 Cr2.44%
Utilities447.64 Cr1.30%
Energy288.6 Cr0.84%

Risk & Performance Ratios

Standard Deviation

This fund

16.15%

Cat. avg.

17.83%

Lower the better

Sharpe Ratio

This fund

0.71

Cat. avg.

0.68

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

1.05

Higher the better

Fund Managers

SD

Shreyash Devalkar

Since November 2016

Nitin Arora

Nitin Arora

Since August 2023

KN

Krishnaa N

Since March 2024

Additional Scheme Detailsas of 31st July 2026

ISIN
INF846K01EH3
Expense Ratio
0.82%
Exit Load
1.00%
Fund Size
₹34,404 Cr
Age
13 years 7 months
Lumpsum Minimum
₹100
Fund Status
Open Ended Investment Company
Benchmark
BSE 150 MidCap TR INR

Investment ObjectiveInvestment Objective

To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.

Tax Treatment

iconCapital Gains Taxation:

iconDividend Taxation:

info icon

Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.

Similar Mid-Cap Funds

Fund nameExpense RatioExit LoadFund size
1Y
The Wealth Company Mid Cap Fund Regular Growth

Very High Risk

-1.0%--
The Wealth Company Mid Cap Fund Direct Growth

Very High Risk

-1.0%--
SBI Nifty Midcap 150 ETF

Very High Risk

0.2%-₹12.97 Cr-
Kotak Nifty Midcap 50 ETF

Very High Risk

0.3%-₹206.59 Cr16.8%
TRUSTMF Mid Cap Fund Direct Growth

Very High Risk

0.6%1.0%₹429.31 Cr-
TRUSTMF Mid Cap Fund Regular Growth

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2.1%1.0%₹429.31 Cr-
Samco Mid Cap Fund Direct Growth

Very High Risk

1.9%1.0%₹78.01 Cr-
Samco Mid Cap Fund Regular Growth

Very High Risk

3.3%1.0%₹78.01 Cr-
DSP Nifty Midcap 150 ETF

Very High Risk

0.4%-₹5.57 Cr-
Groww Nifty Midcap 150 ETF

Very High Risk

0.3%-₹6.11 Cr-
Bank of India Mid Cap Fund Direct Growth

Very High Risk

1.0%1.0%₹732.64 Cr9.0%
Bank of India Mid Cap Fund Regular Growth

Very High Risk

2.0%1.0%₹732.64 Cr7.8%
Kotak Nifty Midcap 150 ETF

Very High Risk

0.1%-₹13.35 Cr13.2%
Helios Mid Cap Fund Direct Growth

Very High Risk

0.9%1.0%₹1951.37 Cr19.0%
Helios Mid Cap Fund Regular Growth

Very High Risk

2.4%1.0%₹1951.37 Cr17.1%
ICICI Prudential Nifty Midcap 150 ETF

Very High Risk

0.2%-₹774.35 Cr13.3%
ICICI Prudential Midcap Select ETF

Very High Risk

0.2%-₹112.81 Cr18.1%
Zerodha Nifty Midcap 150 ETF

Very High Risk

0.2%-₹262.06 Cr13.9%
LIC MF Nifty Midcap 100 ETF

Very High Risk

0.2%-₹669.26 Cr14.7%
HDFC NIFTY Midcap 150 ETF

Very High Risk

0.2%-₹157.68 Cr13.1%
UTI Nifty Midcap 150 ETF

Very High Risk

0.3%-₹13.25 Cr13.2%
Invesco India Mid Cap Fund Regular Growth

Very High Risk

1.4%1.0%₹14721.45 Cr13.0%
HSBC Midcap Fund Direct Growth

Very High Risk

1.2%1.0%₹15578.18 Cr26.3%
Canara Robeco Mid Cap Fund Regular Growth

Very High Risk

1.6%1.0%₹4977.21 Cr9.7%
Canara Robeco Mid Cap Fund Direct Growth

Very High Risk

0.5%1.0%₹4977.21 Cr11.1%
ICICI Prudential Midcap Fund Direct Growth

Very High Risk

1.1%1.0%₹7953.69 Cr22.2%
Nippon India Growth Fund Direct Growth

Very High Risk

0.8%1.0%₹50750.81 Cr13.2%
Edelweiss Mid Cap Fund Direct Growth

Very High Risk

0.7%1.0%₹18704.00 Cr13.5%
Invesco India Mid Cap Fund Direct Growth

Very High Risk

0.5%1.0%₹14721.45 Cr14.3%
Kotak Emerging Equity Scheme Direct Growth

Very High Risk

0.4%1.0%₹69282.83 Cr11.5%
JM Midcap Fund Regular Growth

Very High Risk

2.4%1.0%₹1295.14 Cr14.4%
JM Midcap Fund Direct Growth

Very High Risk

0.9%1.0%₹1295.14 Cr16.2%
Mirae Asset Nifty Midcap 150 ETF

Very High Risk

0.1%-₹1825.60 Cr13.3%
DSP Midcap Fund Regular Growth

Very High Risk

1.7%1.0%₹20522.87 Cr9.3%
Kotak Emerging Equity Scheme Regular Growth

Very High Risk

1.4%1.0%₹69282.83 Cr10.4%
ICICI Prudential Midcap Select ETF

Very High Risk

0.1%-₹79.99 Cr36.3%
ICICI Prudential Nifty Midcap 150 ETF

Very High Risk

0.1%-₹424.94 Cr26.8%
HDFC Mid-Cap Opportunities Fund Regular Growth

Very High Risk

1.3%1.0%₹105142.69 Cr12.1%
Nippon India ETF Nifty Midcap 150

Very High Risk

0.2%-₹3729.09 Cr13.2%
UTI Mid Cap Fund Direct Growth

Very High Risk

1.1%1.0%₹12379.17 Cr10.0%
Axis Midcap Fund Direct Growth

Very High Risk

0.8%1.0%₹34403.73 Cr11.4%
HDFC Mid-Cap Opportunities Fund Direct Growth

Very High Risk

0.8%1.0%₹105142.69 Cr12.8%
Aditya Birla Sun Life Mid Cap Fund Direct Growth

Very High Risk

0.9%1.0%₹6722.78 Cr14.1%
Baroda BNP Paribas Mid Cap Fund Direct Growth

Very High Risk

0.5%1.0%₹2584.12 Cr16.4%
SBI Magnum Midcap Fund Direct Growth

Very High Risk

1.0%0.0%₹24353.77 Cr9.8%
Sundaram Mid Cap Fund Direct Growth

Very High Risk

0.8%1.0%₹14504.36 Cr13.1%
Tata Mid Cap Growth Fund Direct Growth

Very High Risk

0.8%0.0%₹6056.43 Cr12.6%
Taurus Discovery (Midcap) Fund Direct Growth

Very High Risk

1.7%1.0%₹135.02 Cr10.2%
DSP Midcap Fund Direct Growth

Very High Risk

0.8%1.0%₹20522.87 Cr10.4%
Quant Mid Cap Fund Direct Growth

Very High Risk

1.2%0.0%₹8106.70 Cr10.6%

About the AMC

Axis Mutual Fund

Axis Mutual Fund

Total AUM

₹3,77,815 Cr

Address

Axis House, 1st Floor, C-2, Wadia International Centre, Mumbai, 400 025

Other Funds by Axis Mutual Fund

Fund nameExpense RatioExit LoadFund size
1Y
Axis Nifty Energy Index Fund Direct Growth

Very High Risk

-0.0%--
Axis Nifty50 Equal Weight Index Fund Direct Growth

Very High Risk

0.2%0.0%--
Axis Nifty Capital Markets Index Fund Direct Growth

Very High Risk

1.7%0.0%₹105.22 Cr-
Axis Nifty India Defence Index Fund Direct Growth

Very High Risk

1.1%0.0%₹304.65 Cr-
Axis Fixed Maturity Plan Series 130 92 Days Direct Growth

Low to Moderate Risk

-0.0%--
Axis Fixed Maturity Plan Series 129 108 Days Direct Growth

Low to Moderate Risk

-0.0%--
Axis BSE India Sector Leaders Index Fund Direct Growth

Very High Risk

0.3%0.0%₹31.91 Cr-
Axis Gold and Silver Passive FoF Direct Growth

Very High Risk

0.1%0.0%₹525.17 Cr-
Axis Multi-Asset Active FoF Direct Growth

Very High Risk

0.2%1.0%₹1362.14 Cr-
Axis Income Plus Arbitrage Passive Fund of Funds Direct Growth

Low to Moderate Risk

0.1%0.0%₹108.68 Cr-
Axis CRISIL-IBX Financial Services 3-6 Months Debt Index Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹274.72 Cr-
Axis Nifty500 Quality 50 Index Fund Direct Growth

Very High Risk

0.4%0.0%₹82.99 Cr-
Axis Services Opportunities Fund Direct Growth

Very High Risk

0.8%1.0%₹1602.88 Cr2.3%
Axis Nifty AAA Bond Financial Services - Mar 2028 Index Fund Direct Growth

Moderate Risk

-0.0%--
Axis Nifty500 Momentum 50 Index Fund Direct Growth

Very High Risk

1.0%0.0%₹165.69 Cr11.1%
Axis CRISIL IBX AAA Bond NBFC HFC Jun 2027 Index Fund Direct Growth

Low to Moderate Risk

0.9%0.0%₹7.66 Cr6.1%
Axis Momentum Fund Direct Growth

Very High Risk

3.0%1.0%₹944.21 Cr3.8%
Axis CRISIL-IBX AAA Bond Financial Services - Sep 2027 Index Fund Direct Growth

Low to Moderate Risk

0.9%0.0%₹5.35 Cr5.9%
Axis Nifty500 Value 50 Index Fund Direct Growth

Very High Risk

0.5%0.0%₹231.52 Cr19.4%
Axis CRISIL IBX AAA NBFC Index Jun 2027 Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹2173.85 Cr6.4%
Axis Consumption Fund Direct Growth

Very High Risk

0.8%1.0%₹2772.24 Cr-1.3%
Axis Nifty 500 Index Fund Direct Growth

Very High Risk

0.2%0.0%₹321.71 Cr5.0%
Axis Nifty Bank Index Fund Direct Growth

Very High Risk

0.3%0.0%₹182.73 Cr7.2%
Axis CRISIL IBX SDL June 2034 Debt Index Fund Direct Growth

Moderate Risk

0.2%0.0%₹8.30 Cr4.3%
Axis S&P BSE Sensex Index Fund Direct Growth

Very High Risk

0.3%0.0%₹54.90 Cr-2.5%
Axis Fixed Term Plan Series 120 (91 Days) Direct Growth

Moderate Risk

-0.0%--
Axis Fixed Term Plan Series 119 71 Days Direct Growth

Low to Moderate Risk

----
Axis US Treasury Dynamic Bond ETF Fund of Fund Direct Growth

Very High Risk

0.1%0.0%₹38.51 Cr10.2%
Axis India Manufacturing Fund Direct Growth

Very High Risk

0.9%1.0%₹5494.05 Cr22.8%
Axis Fixed Term Plan Series 118 100 Days Direct Growth

Moderate Risk

-0.0%--
Axis Fixed Term Plan Series 113 1228 Days Direct Growth

Low to Moderate Risk

-0.0%₹92.41 Cr6.2%
Axis Fixed Term Plan Series 110 1553 Days Direct Growth

Moderate Risk

-0.0%--
Axis Fixed Term Plan Series 105 1128 Days Direct Growth

Moderate Risk

-0.0%--
Axis Fixed Term Plan Series 112 1143 Days Direct Growth

Low Risk

-0.0%₹76.51 Cr6.0%
Axis Nifty SDL September 2026 Debt Index Fund Direct Growth

Low Risk

0.2%0.0%₹65.73 Cr5.9%
Axis Banking & PSU Debt Fund Direct Growth

Moderate Risk

0.4%0.0%₹12258.44 Cr5.3%
Axis Global Equity Alpha Fund of Fund Direct Growth

Very High Risk

1.6%1.0%₹2419.91 Cr26.4%
Axis Nifty Smallcap 50 Index Fund Direct Growth

Very High Risk

0.3%0.0%₹730.23 Cr20.9%
Axis Flexi Cap Fund Direct Growth

Very High Risk

0.9%0.0%₹13477.86 Cr10.5%
Axis Money Market Fund Direct Growth

Moderate Risk

0.2%0.0%₹19875.00 Cr6.6%
Axis Equity Hybrid Fund Direct Growth

High Risk

1.2%1.0%₹1476.09 Cr5.6%
Axis Special Situations Fund Direct Growth

Very High Risk

1.4%1.0%₹1257.23 Cr18.4%
Axis Corporate Debt Fund Direct Growth

Moderate Risk

0.4%0.0%₹7747.95 Cr5.8%
Axis ESG Equity Fund Direct Growth

Very High Risk

1.7%1.0%₹1082.89 Cr1.8%
Axis Arbitrage Fund Direct Growth

Low Risk

1.4%0.0%₹10339.07 Cr6.6%
Axis Greater China Equity Fund of Fund Direct Growth

Very High Risk

1.4%1.0%₹3837.29 Cr33.4%
Axis Value Fund Direct Growth

Very High Risk

1.0%1.0%₹1766.57 Cr14.9%
Axis All Seasons Debt Fund of Funds Direct Growth

Moderate Risk

0.1%0.0%₹2205.60 Cr6.2%
Axis Quant Fund Direct Growth

Very High Risk

3.0%1.0%₹853.32 Cr8.4%
Axis Gilt Fund Direct Growth

Moderate Risk

0.5%0.0%₹405.28 Cr5.8%

Risk Level

Your principal amount will be at Very High Risk

Very High Risk

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What is the current NAV of Axis Midcap Fund Direct Growth?

img
The NAV of Axis Midcap Fund Direct Growth, as of 28-Aug-2026, is ₹144.91.
The fund has generated 11.38% over the last 1 year and 18.11% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
The fund's allocation of assets is distributed as 90.53% in equities, 0.13% in bonds, and 9.34% in cash and cash equivalents.
The fund managers responsible for Axis Midcap Fund Direct Growth are:-
  1. Shreyash Devalkar
  2. Nitin Arora
  3. Krishnaa N
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