Dezerv

Fund Overview

Fund Size

Fund Size

₹27,748 Cr

Expense Ratio

Expense Ratio

0.52%

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 11 years, 5 months and 17 days, having been launched on 01-Jan-13.
As of 14-Jun-24, it has a Net Asset Value (NAV) of ₹124.08, Assets Under Management (AUM) of 27747.62 Crores, and an expense ratio of 0.52%.
  • Axis Midcap Fund Direct Growth has given a CAGR return of 21.23% since inception.
  • The fund's asset allocation comprises around 95.19% in equities, 0.00% in debts, and 4.81% 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

+48.60%

+55.28% (Cat Avg.)

3 Years

+23.02%

+25.29% (Cat Avg.)

5 Years

+25.83%

+25.53% (Cat Avg.)

10 Years

+20.19%

+19.23% (Cat Avg.)

Since Inception

+21.23%

(Cat Avg.)

Portfolio Summaryas of 30th April 2024

Equity26,412.17 Cr95.19%
Others1,335.45 Cr4.81%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
Clearing Corporation Of India LtdCash - Repurchase Agreement1,100.95 Cr3.97%
Supreme Industries LtdEquity1,023.64 Cr3.69%
Cummins India LtdEquity959.62 Cr3.46%
Trent LtdEquity879.36 Cr3.17%
Cholamandalam Investment and Finance Co LtdEquity841.58 Cr3.03%
Indian Hotels Co LtdEquity747.38 Cr2.69%
Schaeffler India LtdEquity741.98 Cr2.67%
CG Power & Industrial Solutions LtdEquity730.14 Cr2.63%
UNO Minda LtdEquity728.45 Cr2.63%
ABB India LtdEquity678.54 Cr2.45%
Sona BLW Precision Forgings LtdEquity650.17 Cr2.34%
ICICI Bank LtdEquity645.57 Cr2.33%
Fortis Healthcare LtdEquity631.85 Cr2.28%
Astral LtdEquity610.17 Cr2.20%
Phoenix Mills LtdEquity548.09 Cr1.98%
PI Industries LtdEquity529.01 Cr1.91%
Persistent Systems LtdEquity524.56 Cr1.89%
Coromandel International LtdEquity509 Cr1.83%
TVS Motor Co LtdEquity503.8 Cr1.82%
Sundaram Finance LtdEquity434.32 Cr1.57%
JK Cement LtdEquity428.43 Cr1.54%
Bharat Electronics LtdEquity425.31 Cr1.53%
Abbott India LtdEquity425.15 Cr1.53%
Linde India LtdEquity402.18 Cr1.45%
PB Fintech LtdEquity392.24 Cr1.41%
Alkem Laboratories LtdEquity386.42 Cr1.39%
Avenue Supermarts LtdEquity354.45 Cr1.28%
The Federal Bank LtdEquity347.29 Cr1.25%
Bharti Hexacom LtdEquity343.52 Cr1.24%
Balkrishna Industries LtdEquity337.01 Cr1.21%
Voltas LtdEquity331.13 Cr1.19%
Grindwell Norton LtdEquity329.13 Cr1.19%
Solar Industries India LtdEquity328.41 Cr1.18%
Apar Industries LtdEquity323.17 Cr1.16%
Coforge LtdEquity296.99 Cr1.07%
Net Receivables / (Payables)Cash296.69 Cr1.07%
Lupin LtdEquity281.15 Cr1.01%
Max Healthcare Institute Ltd Ordinary SharesEquity278.83 Cr1.00%
3M India LtdEquity257.25 Cr0.93%
Tata Communications LtdEquity255.58 Cr0.92%
Dixon Technologies (India) LtdEquity250.89 Cr0.90%
Bajaj Finance LtdEquity250 Cr0.90%
REC LtdEquity249.94 Cr0.90%
Indian BankEquity241.64 Cr0.87%
Hindustan Aeronautics Ltd Ordinary SharesEquity231.89 Cr0.84%
SKF India LtdEquity231.77 Cr0.84%
Bharat Dynamics Ltd Ordinary SharesEquity220.05 Cr0.79%
ZF Commercial Vehicle Control Systems India LtdEquity219.91 Cr0.79%
Motherson Sumi Wiring India LtdEquity218.71 Cr0.79%
Endurance Technologies LtdEquity212.97 Cr0.77%
State Bank of IndiaEquity204.43 Cr0.74%
Oberoi Realty LtdEquity198.99 Cr0.72%
Jindal Steel & Power LtdEquity196.48 Cr0.71%
Prestige Estates Projects LtdEquity189 Cr0.68%
Samvardhana Motherson International LtdEquity188.53 Cr0.68%
Tata Power Co LtdEquity181.84 Cr0.66%
Carborundum Universal LtdEquity172.77 Cr0.62%
Torrent Power LtdEquity168.86 Cr0.61%
Bharat Forge LtdEquity163.87 Cr0.59%
K.P.R. Mill LtdEquity157.91 Cr0.57%
Hindustan Petroleum Corp LtdEquity149.35 Cr0.54%
NHPC LtdEquity149.02 Cr0.54%
Jubilant Foodworks LtdEquity144.88 Cr0.52%
Zomato LtdEquity144.13 Cr0.52%
Fine Organic Industries Ltd Ordinary SharesEquity136.5 Cr0.49%
Bata India LtdEquity135.74 Cr0.49%
Power Grid Corp Of India LtdEquity134.28 Cr0.48%
Timken India LtdEquity126.1 Cr0.45%
Ipca Laboratories LtdEquity125.86 Cr0.45%
Mankind Pharma LtdEquity122.19 Cr0.44%
ICICI Lombard General Insurance Co LtdEquity120.88 Cr0.44%
Petronet LNG LtdEquity118.05 Cr0.43%
Honeywell Automation India LtdEquity116.55 Cr0.42%
Mahindra & Mahindra Financial Services LtdEquity115.62 Cr0.42%
Mphasis LtdEquity113.22 Cr0.41%
L&T Finance LtdEquity97.11 Cr0.35%
Tata Technologies LtdEquity93.51 Cr0.34%
Suzlon Energy LtdEquity89.71 Cr0.32%
CreditAccess Grameen Ltd Ordinary SharesEquity67.85 Cr0.24%
J.B. Chemicals & Pharmaceuticals LtdEquity65.18 Cr0.23%
Sumitomo Chemical India Ltd Ordinary SharesEquity54.47 Cr0.20%
KEI Industries LtdEquity48.34 Cr0.17%
Vedant Fashions LtdEquity43.18 Cr0.16%
Torrent Pharmaceuticals LtdEquity40.25 Cr0.15%
Page Industries LtdEquity33.89 Cr0.12%
Zydus Lifesciences LtdEquity29.53 Cr0.11%
Jindal Stainless LtdEquity28.18 Cr0.10%
Ajanta Pharma LtdEquity27.02 Cr0.10%
Aadhar Housing Finance LtdEquity24.43 Cr0.09%
Go Digit General Insurance LtdEquity22.12 Cr0.08%
Tata Chemicals LtdEquity19.58 Cr0.07%
Hitachi Energy India Ltd Ordinary SharesEquity18.63 Cr0.07%
Sundaram Fasteners LtdEquity3.31 Cr0.01%

Allocation By Market Cap (Equity)

Large Cap Stocks

23.60%

Mid Cap Stocks

67.22%

Small Cap Stocks

4.06%

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

SectorAmount sortHoldings sort
Industrials6,905.27 Cr24.89%
Consumer Cyclical6,255.19 Cr22.54%
Financial Services4,055.02 Cr14.61%
Basic Materials2,632.23 Cr9.49%
Healthcare2,413.42 Cr8.70%
Technology1,297.8 Cr4.68%
Real Estate936.09 Cr3.37%
Utilities634 Cr2.28%
Communication Services599.1 Cr2.16%
Consumer Defensive354.45 Cr1.28%
Energy267.4 Cr0.96%

Risk & Performance Ratios

Standard Deviation

This fund

13.08%

Cat. avg.

14.02%

Lower the better

Sharpe Ratio

This fund

1.13

Cat. avg.

1.23

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

2.45

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 30th April 2024

ISININF846K01EH3Expense Ratio0.52%Exit Load1.00%Fund Size₹27,748 CrAge01 Jan 2013Lumpsum Minimum₹100Fund StatusOpen Ended Investment CompanyBenchmarkS&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

Withdrawal within 1 year

Flat 15% tax on realised gains (STCG - short term capital gains)

Withdrawal after 1 year

10% tax on realised gains above Rs. 1 lakh per financial year (LTCG - long term capital gains)

Note: Mutual funds are subject to capital gains taxation with surcharge and cess, based on prevailing income tax rules and investor income. Taxation applies 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
Bandhan Midcap Fund Regular Growth

Very High Risk

2.1%1.0%₹1234.74 Cr52.6%
Bandhan Midcap Fund Direct Growth

Very High Risk

0.6%1.0%₹1234.74 Cr55.1%
Motilal Oswal Midcap Fund Regular Growth

Very High Risk

1.7%1.0%₹10378.16 Cr60.9%
HDFC NIFTY Midcap 150 ETF

Very High Risk

0.2%-₹15.15 Cr-
Mirae Asset Midcap Fund Regular Growth

Very High Risk

1.7%1.0%₹15353.87 Cr51.2%
Mirae Asset Midcap Fund Direct Growth

Very High Risk

0.6%1.0%₹15353.87 Cr52.9%
Axis Midcap Fund Regular Growth

Very High Risk

1.6%1.0%₹27747.62 Cr47.0%
Mahindra Manulife Mid Cap Fund Direct Growth

Very High Risk

0.5%1.0%₹2580.04 Cr64.9%
Mahindra Manulife Mid Cap Fund Regular Growth

Very High Risk

1.9%1.0%₹2580.04 Cr62.5%
Tata Mid Cap Growth Fund Regular Growth

Very High Risk

1.9%1.0%₹3823.84 Cr56.9%

About the AMC

Total AUM

₹2,83,506 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 Fixed Term Plan Series 120 (91 Days) Direct Growth

Moderate Risk

-0.0%--
Axis US Treasury Dynamic Bond ETF Fund of Fund Direct Growth

Very High Risk

0.1%0.0%₹97.34 Cr-
Axis India Manufacturing Fund Direct Growth

Very High Risk

0.4%1.0%₹5193.03 Cr-
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%-7.0%
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 to Moderate Risk

-0.0%-7.0%
Axis Nifty SDL September 2026 Debt Index Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹78.66 Cr7.1%
Axis Banking & PSU Debt Fund Direct Growth

Moderate Risk

0.3%0.0%₹13660.32 Cr6.8%
Axis Global Equity Alpha Fund of Fund Direct Growth

Very High Risk

1.0%1.0%₹884.80 Cr22.5%
Axis Nifty Smallcap 50 Index Fund Direct Growth

Very High Risk

0.3%0.0%₹310.57 Cr75.0%
Axis Flexi Cap Fund Direct Growth

Very High Risk

0.7%1.0%₹12011.72 Cr35.9%
Axis Money Market Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹8369.16 Cr7.6%
Axis Equity Hybrid Fund Direct Growth

Very High Risk

1.0%1.0%₹1575.04 Cr22.3%
Axis Special Situations Fund Direct Growth

Very High Risk

1.2%1.0%₹1208.96 Cr37.1%
Axis Corporate Debt Fund Direct Growth

Moderate Risk

0.3%0.0%₹5282.11 Cr7.5%
Axis ESG Equity Fund Direct Growth

Very High Risk

1.2%1.0%₹1338.05 Cr30.3%
Axis Arbitrage Fund Direct Growth

Low Risk

0.3%0.0%₹4938.62 Cr8.5%
Axis Greater China Equity Fund of Fund Direct Growth

Very High Risk

0.6%1.0%₹173.58 Cr0.4%
Axis Value Fund Direct Growth

Very High Risk

1.1%1.0%₹562.25 Cr51.7%
Axis All Seasons Debt Fund of Funds Direct Growth

Moderate Risk

0.2%1.0%₹175.96 Cr7.6%
Axis Gilt Fund Direct Growth

Moderate Risk

0.4%0.0%₹353.85 Cr8.6%
Axis Bluechip Fund Direct Growth

Very High Risk

0.6%1.0%₹32707.97 Cr29.8%
Axis Dynamic Bond Fund Direct Growth

Moderate Risk

0.3%0.0%₹1702.66 Cr6.7%
Axis Gold Fund Direct Growth

High Risk

0.2%1.0%₹495.31 Cr19.9%
Axis Focused 25 Fund Direct Growth

Very High Risk

0.8%1.0%₹13341.11 Cr26.5%
Axis Regular Saver Fund Direct Growth

Very High Risk

0.8%1.0%₹330.09 Cr11.0%
Axis Strategic Bond Fund Direct Growth

Moderately High risk

0.3%1.0%₹1931.97 Cr7.9%
Axis Long Term Equity Fund Direct Growth

Very High Risk

0.8%0.0%₹34895.64 Cr30.5%
Axis Short Term Fund Direct Growth

Moderate Risk

0.3%0.0%₹8006.89 Cr7.3%
Axis Liquid Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹36518.03 Cr7.4%
Axis Multi Asset Allocation Fund Direct Growth

Very High Risk

1.3%1.0%₹1197.41 Cr22.5%
Axis Midcap Fund Direct Growth

Very High Risk

0.5%1.0%₹27747.62 Cr48.6%
Axis Treasury Advantage Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹5468.05 Cr7.5%
Axis Equity Saver Fund Direct Growth

Moderately High risk

1.1%1.0%₹900.23 Cr19.2%
Axis Balanced Advantage Fund Direct Growth

Moderately High risk

0.9%1.0%₹2183.67 Cr28.6%
Axis Nifty Midcap 50 Index Fund Direct Growth

Low Risk

0.2%0.0%₹313.07 Cr57.8%
Axis Nifty IT Index Fund Direct Growth

Very High Risk

0.3%0.0%₹104.49 Cr-
Axis CRISIL IBX 50:50 Gilt Plus SDL September 2027 Index Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹33.47 Cr7.0%
Axis Credit Risk Fund Direct Growth

Moderately High risk

0.8%1.0%₹452.65 Cr7.9%
Axis Ultra Short Term Fund Direct Growth

Moderate Risk

0.3%0.0%₹5152.32 Cr7.6%
Axis Multicap Fund Direct Growth

Very High Risk

0.7%1.0%₹5473.59 Cr53.8%
Axis CRISIL IBX 50:50 Gilt Plus SDL June 2028 Index Fund Direct Growth

Moderate Risk

0.2%0.0%₹69.12 Cr6.8%
Axis Nifty AAA Bond Plus SDL Apirl 2026 50:50 ETF Fund Of Funds Direct Growth

Low to Moderate Risk

0.1%0.0%₹292.84 Cr6.5%
Axis Silver Fund of Funds Direct Growth

Very High Risk

0.1%0.0%₹41.85 Cr21.2%
Axis Nifty Next 50 Index Fund Direct Growth

Very High Risk

0.2%0.0%₹197.81 Cr65.7%
Axis CRISIL IBX 70:30 CPSE Plus SDL April 2025 Index Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹543.68 Cr7.0%
Axis Long Duration Fund Direct Growth

Moderate Risk

0.3%0.0%₹256.47 Cr9.0%
Axis Nifty 50 Index Fund Direct Growth

Very High Risk

0.1%0.0%₹449.68 Cr26.3%

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 14-Jun-2024, is ₹124.08.
The fund has generated 48.60% over the last 1 year and 23.02% 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 95.19% in equities, 0.00% in bonds, and 4.81% 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