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Fund Overview

Fund Size

Fund Size

₹30,895 Cr

Expense Ratio

Expense Ratio

0.55%

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, 1 months and 15 days, having been launched on 01-Jan-13.
As of 13-Feb-26, it has a Net Asset Value (NAV) of ₹131.90, Assets Under Management (AUM) of 30895.30 Crores, and an expense ratio of 0.55%.
  • Axis Midcap Fund Direct Growth has given a CAGR return of 18.85% since inception.
  • The fund's asset allocation comprises around 87.23% in equities, 0.00% in debts, and 12.75% 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

+15.16%

+15.32% (Cat Avg.)

3 Years

+20.89%

+22.65% (Cat Avg.)

5 Years

+17.48%

+19.30% (Cat Avg.)

10 Years

+19.36%

+17.97% (Cat Avg.)

Since Inception

+18.85%

(Cat Avg.)

Portfolio Summaryas of 31st January 2026

Equity26,948.52 Cr87.23%
Others3,939.92 Cr12.75%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
Clearing Corporation Of India LtdCash - Repurchase Agreement3,859.31 Cr12.49%
The Federal Bank LtdEquity1,139.22 Cr3.69%
Fortis Healthcare LtdEquity1,112.12 Cr3.60%
Multi Commodity Exchange of India LtdEquity902.26 Cr2.92%
Indian Hotels Co LtdEquity728.9 Cr2.36%
Phoenix Mills LtdEquity618.26 Cr2.00%
Coromandel International LtdEquity614.67 Cr1.99%
GE Vernova T&D India LtdEquity602.87 Cr1.95%
Schaeffler India LtdEquity581.71 Cr1.88%
UNO Minda LtdEquity554.48 Cr1.79%
TVS Motor Co LtdEquity551.11 Cr1.78%
Ashok Leyland LtdEquity527.82 Cr1.71%
Persistent Systems LtdEquity512.99 Cr1.66%
Solar Industries India LtdEquity501.87 Cr1.62%
Cummins India LtdEquity483.76 Cr1.57%
JK Cement LtdEquity482.45 Cr1.56%
PB Fintech LtdEquity475.49 Cr1.54%
Coforge LtdEquity468.47 Cr1.52%
Vishal Mega Mart LtdEquity449.79 Cr1.46%
Abbott India LtdEquity448.89 Cr1.45%
Indian BankEquity436.96 Cr1.41%
Bharti Hexacom LtdEquity422.52 Cr1.37%
Torrent Power LtdEquity414.6 Cr1.34%
Ipca Laboratories LtdEquity387.62 Cr1.25%
Bharat Heavy Electricals LtdEquity381.76 Cr1.24%
Premier Energies LtdEquity380.18 Cr1.23%
Apar Industries LtdEquity368.02 Cr1.19%
ICICI Lombard General Insurance Co LtdEquity350.65 Cr1.13%
Blue Star LtdEquity346.95 Cr1.12%
Bharat Electronics LtdEquity340.61 Cr1.10%
Hitachi Energy India Ltd Ordinary SharesEquity332.4 Cr1.08%
Supreme Industries LtdEquity323.85 Cr1.05%
Bharat Forge LtdEquity323.35 Cr1.05%
Jindal Steel LtdEquity318.29 Cr1.03%
Lupin LtdEquity315.23 Cr1.02%
Sona BLW Precision Forgings LtdEquity308.04 Cr1.00%
SRF LtdEquity303.83 Cr0.98%
Cholamandalam Investment and Finance Co LtdEquity303.78 Cr0.98%
Bajaj Finance LtdEquity302.79 Cr0.98%
Hindustan Petroleum Corp LtdEquity302.28 Cr0.98%
PI Industries LtdEquity300.14 Cr0.97%
Mphasis LtdEquity296.65 Cr0.96%
KEI Industries LtdEquity295.39 Cr0.96%
Info Edge (India) LtdEquity276.11 Cr0.89%
L&T Finance LtdEquity271.34 Cr0.88%
Sundaram Finance LtdEquity265.16 Cr0.86%
Eternal LtdEquity265.05 Cr0.86%
AU Small Finance Bank LtdEquity264.63 Cr0.86%
CG Power & Industrial Solutions LtdEquity263.43 Cr0.85%
Cholamandalam Financial Holdings LtdEquity263.1 Cr0.85%
Swiggy LtdEquity262.03 Cr0.85%
HDFC Asset Management Co LtdEquity255.22 Cr0.83%
Oracle Financial Services Software LtdEquity248.41 Cr0.80%
ICICI Bank LtdEquity235.56 Cr0.76%
Alkem Laboratories LtdEquity232.31 Cr0.75%
Trent LtdEquity219.35 Cr0.71%
K.P.R. Mill LtdEquity211.57 Cr0.68%
Prestige Estates Projects LtdEquity195.8 Cr0.63%
3M India LtdEquity194.73 Cr0.63%
ITC Hotels LtdEquity190.22 Cr0.62%
ZF Commercial Vehicle Control Systems India LtdEquity186.24 Cr0.60%
J.B. Chemicals & Pharmaceuticals LtdEquity184.12 Cr0.60%
Voltas LtdEquity182.1 Cr0.59%
BSE LtdEquity181.41 Cr0.59%
Jubilant Foodworks LtdEquity180.05 Cr0.58%
Billionbrains Garage Ventures LtdEquity163.68 Cr0.53%
Tube Investments of India Ltd Ordinary SharesEquity162.44 Cr0.53%
FSN E-Commerce Ventures LtdEquity149.13 Cr0.48%
Glenmark Pharmaceuticals LtdEquity147.59 Cr0.48%
Endurance Technologies LtdEquity133.78 Cr0.43%
LG Electronics India LtdEquity131.64 Cr0.43%
Fine Organic Industries Ltd Ordinary SharesEquity130.58 Cr0.42%
Balkrishna Industries LtdEquity125.6 Cr0.41%
Jyoti CNC Automation LtdEquity121.76 Cr0.39%
Indus Towers Ltd Ordinary SharesEquity116.9 Cr0.38%
L&T Technology Services LtdEquity101.22 Cr0.33%
Astral LtdEquity93.67 Cr0.30%
Dixon Technologies (India) LtdEquity92.99 Cr0.30%
Net Receivables / (Payables)Cash - Collateral80.62 Cr0.26%
Page Industries LtdEquity75.14 Cr0.24%
Tata Communications LtdEquity67.38 Cr0.22%
Linde India LtdEquity65.25 Cr0.21%
ICICI Prudential Life Insurance Co LtdEquity58.67 Cr0.19%
Oil India LtdEquity44.87 Cr0.15%
KPIT Technologies LtdEquity44.05 Cr0.14%
Container Corporation of India LtdEquity40.73 Cr0.13%
Anthem Biosciences LtdEquity39.02 Cr0.13%
REC LtdEquity38.58 Cr0.12%
Honeywell Automation India LtdEquity36.42 Cr0.12%
Meesho LtdEquity28.51 Cr0.09%
Cohance Lifesciences LtdEquity25.75 Cr0.08%
Lenskart Solutions LtdEquity23.11 Cr0.07%
HDB Financial Services LtdEquity17.92 Cr0.06%
Mankind Pharma LtdEquity15.59 Cr0.05%
Aarti Industries LtdEquity15.55 Cr0.05%
Tvs Motor Company LimitedPreferred Stock6.86 Cr0.02%

Allocation By Market Cap (Equity)

Large Cap Stocks

14.83%

Mid Cap Stocks

68.98%

Small Cap Stocks

3.41%

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

SectorAmount sortHoldings sort
Financial Services5,926.43 Cr19.18%
Consumer Cyclical5,706.14 Cr18.47%
Industrials5,220.43 Cr16.90%
Healthcare2,931.37 Cr9.49%
Basic Materials2,428.81 Cr7.86%
Technology2,276.6 Cr7.37%
Communication Services882.91 Cr2.86%
Real Estate814.06 Cr2.63%
Utilities414.6 Cr1.34%
Energy347.15 Cr1.12%

Risk & Performance Ratios

Standard Deviation

This fund

14.11%

Cat. avg.

15.73%

Lower the better

Sharpe Ratio

This fund

0.95

Cat. avg.

0.94

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

1.52

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 January 2026

ISIN
INF846K01EH3
Expense Ratio
0.55%
Exit Load
1.00%
Fund Size
₹30,895 Cr
Age
13 years 1 month
Lumpsum Minimum
₹100
Fund Status
Open Ended Investment Company
Benchmark
S&P BSE Midcap 150 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.

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Fund nameExpense RatioExit LoadFund size
1Y
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-1.0%--
Samco Mid Cap Fund Regular Growth

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-1.0%--
Bank of India Mid Cap Fund Direct Growth

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Bank of India Mid Cap Fund Regular Growth

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Kotak Nifty Midcap 150 ETF

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Helios Mid Cap Fund Direct Growth

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ICICI Prudential Nifty Midcap 150 ETF

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ICICI Prudential Midcap Select ETF

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0.1%-₹91.79 Cr14.0%
Zerodha Nifty Midcap 150 ETF

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0.2%-₹187.86 Cr17.7%
LIC MF Nifty Midcap 100 ETF

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HDFC NIFTY Midcap 150 ETF

Very High Risk

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UTI Nifty Midcap 150 ETF

Very High Risk

0.3%-₹12.27 Cr16.9%
Invesco India Mid Cap Fund Regular Growth

Very High Risk

1.7%1.0%₹10058.39 Cr21.6%
HSBC Midcap Fund Direct Growth

Very High Risk

0.7%1.0%₹12175.46 Cr22.5%
Canara Robeco Mid Cap Fund Regular Growth

Very High Risk

1.9%1.0%₹4061.71 Cr16.3%
Canara Robeco Mid Cap Fund Direct Growth

Very High Risk

0.6%1.0%₹4061.71 Cr17.8%
ICICI Prudential Midcap Fund Direct Growth

Very High Risk

1.0%1.0%₹6969.01 Cr26.0%
Nippon India Growth Fund Direct Growth

Very High Risk

0.7%1.0%₹41727.36 Cr21.1%
Edelweiss Mid Cap Fund Direct Growth

Very High Risk

0.4%1.0%₹13801.71 Cr19.1%
Invesco India Mid Cap Fund Direct Growth

Very High Risk

0.5%1.0%₹10058.39 Cr23.0%
Kotak Emerging Equity Scheme Direct Growth

Very High Risk

0.4%1.0%₹59041.13 Cr17.8%
JM Midcap Fund Regular Growth

Very High Risk

2.1%1.0%₹1105.21 Cr8.4%
JM Midcap Fund Direct Growth

Very High Risk

0.6%1.0%₹1105.21 Cr10.1%
Mirae Asset Nifty Midcap 150 ETF

Very High Risk

0.1%-₹1393.14 Cr17.1%
DSP Midcap Fund Regular Growth

Very High Risk

1.7%1.0%₹19047.03 Cr16.1%
Kotak Emerging Equity Scheme Regular Growth

Very High Risk

1.4%1.0%₹59041.13 Cr16.6%
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

1.4%1.0%₹92186.87 Cr18.2%
Nippon India ETF Nifty Midcap 150

Very High Risk

0.2%-₹2801.96 Cr16.9%
UTI Mid Cap Fund Direct Growth

Very High Risk

0.9%1.0%₹11492.83 Cr13.0%
Axis Midcap Fund Direct Growth

Very High Risk

0.6%1.0%₹30895.30 Cr15.2%
HDFC Mid-Cap Opportunities Fund Direct Growth

Very High Risk

0.7%1.0%₹92186.87 Cr19.0%
Aditya Birla Sun Life Mid Cap Fund Direct Growth

Very High Risk

1.0%1.0%₹6040.73 Cr15.7%
Baroda BNP Paribas Mid Cap Fund Direct Growth

Very High Risk

0.6%1.0%₹2281.65 Cr17.1%
SBI Magnum Midcap Fund Direct Growth

Very High Risk

0.8%0.0%₹22424.17 Cr9.2%
Sundaram Mid Cap Fund Direct Growth

Very High Risk

0.9%1.0%₹12917.24 Cr18.8%
Tata Mid Cap Growth Fund Direct Growth

Very High Risk

0.7%0.0%₹5356.22 Cr17.9%
Taurus Discovery (Midcap) Fund Direct Growth

Very High Risk

1.9%1.0%₹123.20 Cr8.8%
DSP Midcap Fund Direct Growth

Very High Risk

0.7%1.0%₹19047.03 Cr17.2%
Quant Mid Cap Fund Direct Growth

Very High Risk

0.8%0.0%₹7283.39 Cr-1.0%
Franklin India Prima Fund Direct Growth

Very High Risk

1.0%1.0%₹12223.43 Cr12.5%
Motilal Oswal Nifty Midcap 100 ETF

Very High Risk

0.2%-₹744.14 Cr17.4%
Union Midcap Fund Regular Growth

Very High Risk

2.1%1.0%₹1598.18 Cr17.4%
Union Midcap Fund Direct Growth

Very High Risk

0.7%1.0%₹1598.18 Cr19.0%
Edelweiss Mid Cap Fund Regular Growth

Very High Risk

1.7%1.0%₹13801.71 Cr17.6%
Motilal Oswal Midcap Fund Direct Growth

Very High Risk

0.7%1.0%₹34432.18 Cr0.1%
LIC MF Midcap Fund Regular Growth

Very High Risk

2.5%1.0%₹330.68 Cr8.8%
LIC MF Midcap Fund Direct Growth

Very High Risk

1.4%1.0%₹330.68 Cr10.0%

About the AMC

Axis Mutual Fund

Axis Mutual Fund

Total AUM

₹3,61,213 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 BSE India Sector Leaders Index Fund Direct Growth

Very High Risk

-0.0%--
Axis Gold and Silver Passive FoF Direct Growth

Very High Risk

0.2%0.0%₹548.64 Cr-
Axis Multi-Asset Active FoF Direct Growth

Very High Risk

0.1%1.0%₹1421.65 Cr-
Axis Income Plus Arbitrage Passive Fund of Funds Direct Growth

Low to Moderate Risk

0.0%0.0%₹147.81 Cr-
Axis CRISIL-IBX Financial Services 3-6 Months Debt Index Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹283.12 Cr-
Axis Nifty500 Quality 50 Index Fund Direct Growth

Very High Risk

0.2%0.0%₹71.78 Cr-
Axis Services Opportunities Fund Direct Growth

Very High Risk

0.7%1.0%₹1725.11 Cr-
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

0.1%0.0%₹119.73 Cr7.9%
Axis CRISIL IBX AAA Bond NBFC HFC Jun 2027 Index Fund Direct Growth

Moderate Risk

0.1%0.0%₹59.13 Cr8.0%
Axis Momentum Fund Direct Growth

Very High Risk

0.6%1.0%₹1094.87 Cr9.3%
Axis CRISIL-IBX AAA Bond Financial Services - Sep 2027 Index Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹22.40 Cr8.1%
Axis Nifty500 Value 50 Index Fund Direct Growth

Very High Risk

0.2%0.0%₹122.65 Cr30.9%
Axis CRISIL IBX AAA NBFC Index Jun 2027 Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹1832.89 Cr8.0%
Axis Consumption Fund Direct Growth

Very High Risk

0.6%1.0%₹3151.49 Cr7.6%
Axis Nifty 500 Index Fund Direct Growth

Very High Risk

0.1%0.0%₹307.36 Cr12.5%
Axis Nifty Bank Index Fund Direct Growth

Very High Risk

0.2%0.0%₹150.02 Cr22.6%
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

0.1%0.0%₹46.57 Cr9.6%
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%₹37.37 Cr13.3%
Axis India Manufacturing Fund Direct Growth

Very High Risk

0.5%1.0%₹4910.39 Cr17.5%
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 Cr7.5%
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 Cr6.8%
Axis Nifty SDL September 2026 Debt Index Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹68.57 Cr7.3%
Axis Banking & PSU Debt Fund Direct Growth

Moderate Risk

0.3%0.0%₹13093.52 Cr7.4%
Axis Global Equity Alpha Fund of Fund Direct Growth

Very High Risk

0.8%1.0%₹1762.15 Cr20.7%
Axis Nifty Smallcap 50 Index Fund Direct Growth

Very High Risk

0.3%0.0%₹522.59 Cr7.9%
Axis Flexi Cap Fund Direct Growth

Very High Risk

0.7%1.0%₹12639.37 Cr12.2%
Axis Money Market Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹22669.60 Cr7.4%
Axis Equity Hybrid Fund Direct Growth

High Risk

1.1%1.0%₹1497.28 Cr9.9%
Axis Special Situations Fund Direct Growth

Very High Risk

1.3%1.0%₹1145.06 Cr7.9%
Axis Corporate Debt Fund Direct Growth

Moderate Risk

0.4%0.0%₹8564.57 Cr8.1%
Axis ESG Equity Fund Direct Growth

Very High Risk

1.3%1.0%₹1152.16 Cr7.1%
Axis Arbitrage Fund Direct Growth

Low Risk

0.3%0.0%₹8738.96 Cr7.0%
Axis Greater China Equity Fund of Fund Direct Growth

Very High Risk

0.5%1.0%₹2423.89 Cr42.5%
Axis Value Fund Direct Growth

Very High Risk

0.7%1.0%₹1374.94 Cr15.2%
Axis All Seasons Debt Fund of Funds Direct Growth

Moderate Risk

0.1%0.0%₹1992.60 Cr8.1%
Axis Quant Fund Direct Growth

Very High Risk

0.7%1.0%₹870.48 Cr10.4%
Axis Gilt Fund Direct Growth

Moderate Risk

0.4%0.0%₹636.57 Cr5.0%
Axis Bluechip Fund Direct Growth

Very High Risk

0.7%1.0%₹32420.00 Cr9.7%
Axis Dynamic Bond Fund Direct Growth

Moderate Risk

0.3%0.0%₹1142.83 Cr7.0%
Axis Gold Fund Direct Growth

High Risk

0.2%1.0%₹2834.85 Cr74.3%
Axis Focused 25 Fund Direct Growth

Very High Risk

0.8%1.0%₹11381.80 Cr7.6%
Axis Regular Saver Fund Direct Growth

Very High Risk

1.1%1.0%₹232.53 Cr7.2%
Axis Strategic Bond Fund Direct Growth

Moderately High risk

0.7%1.0%₹2044.15 Cr8.7%

Risk Level

Your principal amount will be at Very High Risk

Very High Risk

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The NAV of Axis Midcap Fund Direct Growth, as of 13-Feb-2026, is ₹131.90.
The fund has generated 15.16% over the last 1 year and 20.89% 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 87.23% in equities, 0.00% in bonds, and 12.75% 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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