Axis Nifty Midcap 50 Index Fund Direct Growth

Fund Overview

Fund Size

₹477 Cr

Expense Ratio

0.25%

ISIN

INF846K019H0

Minimum SIP

₹100

Exit Load

No Charges

Inception Date

28 Mar 2022

About this fund

Axis Nifty Midcap 50 Index Fund Direct Growth is a Index Funds mutual fund schemes offered by Axis Mutual Fund. This fund has been in existence for 3 years, 7 months and 7 days, having been launched on 28-Mar-22.
As of 03-Nov-25, it has a Net Asset Value (NAV) of ₹20.80, Assets Under Management (AUM) of 477.20 Crores, and an expense ratio of 0.25%.

Axis Nifty Midcap 50 Index Fund Direct Growth has given a CAGR return of 22.54% since inception.
The fund's asset allocation comprises around 99.82% in equities, 0.00% in debts, and 0.18% in cash & cash equivalents.
You can start investing in Axis Nifty Midcap 50 Index 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

+10.52%

— (Cat Avg.)

3 Years

+25.07%

— (Cat Avg.)

Since Inception

+22.54%

— (Cat Avg.)

Portfolio Summaryas of 30th September 2025

Equity	₹476.33 Cr	99.82%
Others	₹0.86 Cr	0.18%

Top Holdings

All Holdings

Equity

Debt & Others

Name	Type	Amount	Holdings
BSE Ltd	Equity	₹20.55 Cr	4.31%
Hero MotoCorp Ltd	Equity	₹17.26 Cr	3.62%
Dixon Technologies (India) Ltd	Equity	₹16.5 Cr	3.46%
Suzlon Energy Ltd	Equity	₹16.41 Cr	3.44%
PB Fintech Ltd	Equity	₹14.17 Cr	2.97%
HDFC Asset Management Co Ltd	Equity	₹13.89 Cr	2.91%
Coforge Ltd	Equity	₹13.13 Cr	2.75%
Cummins India Ltd	Equity	₹13.1 Cr	2.75%
Persistent Systems Ltd	Equity	₹12.78 Cr	2.68%
Fortis Healthcare Ltd	Equity	₹12.42 Cr	2.60%
IndusInd Bank Ltd	Equity	₹11.91 Cr	2.50%
The Federal Bank Ltd	Equity	₹11.71 Cr	2.45%
Lupin Ltd	Equity	₹11.42 Cr	2.39%
IDFC First Bank Ltd	Equity	₹11.4 Cr	2.39%
Indus Towers Ltd Ordinary Shares	Equity	₹11.19 Cr	2.35%
Hindustan Petroleum Corp Ltd	Equity	₹10.52 Cr	2.20%
Yes Bank Ltd	Equity	₹10.34 Cr	2.17%
Max Financial Services Ltd	Equity	₹10.21 Cr	2.14%
One97 Communications Ltd	Equity	₹10.2 Cr	2.14%
AU Small Finance Bank Ltd	Equity	₹10.16 Cr	2.13%
SRF Ltd	Equity	₹10.12 Cr	2.12%
Ashok Leyland Ltd	Equity	₹10.08 Cr	2.11%
UPL Ltd	Equity	₹9.16 Cr	1.92%
Marico Ltd	Equity	₹9.12 Cr	1.91%
Polycab India Ltd	Equity	₹9.05 Cr	1.90%
Tube Investments of India Ltd Ordinary Shares	Equity	₹8.17 Cr	1.71%
Muthoot Finance Ltd	Equity	₹8.15 Cr	1.71%
Bharat Forge Ltd	Equity	₹7.98 Cr	1.67%
GMR Airports Ltd	Equity	₹7.68 Cr	1.61%
Bharat Heavy Electricals Ltd	Equity	₹7.57 Cr	1.59%
APL Apollo Tubes Ltd	Equity	₹7.51 Cr	1.57%
Aurobindo Pharma Ltd	Equity	₹7.49 Cr	1.57%
Mphasis Ltd	Equity	₹7.46 Cr	1.56%
Godrej Properties Ltd	Equity	₹7.31 Cr	1.53%
Colgate-Palmolive (India) Ltd	Equity	₹7.23 Cr	1.51%
Phoenix Mills Ltd	Equity	₹7.17 Cr	1.50%
Dabur India Ltd	Equity	₹7.12 Cr	1.49%
PI Industries Ltd	Equity	₹7.03 Cr	1.47%
Mankind Pharma Ltd	Equity	₹6.77 Cr	1.42%
NHPC Ltd	Equity	₹6.75 Cr	1.41%
Supreme Industries Ltd	Equity	₹6.73 Cr	1.41%
NMDC Ltd	Equity	₹6.52 Cr	1.37%
SBI Cards and Payment Services Ltd Ordinary Shares	Equity	₹6.49 Cr	1.36%
Page Industries Ltd	Equity	₹6.33 Cr	1.33%
Prestige Estates Projects Ltd	Equity	₹6.29 Cr	1.32%
Oil India Ltd	Equity	₹5.57 Cr	1.17%
Jubilant Foodworks Ltd	Equity	₹5.46 Cr	1.14%
Indian Railway Catering And Tourism Corp Ltd	Equity	₹5.22 Cr	1.09%
Oracle Financial Services Software Ltd	Equity	₹4.93 Cr	1.03%
Oberoi Realty Ltd	Equity	₹4.6 Cr	0.96%
Clearing Corporation Of India Ltd	Cash - Repurchase Agreement	₹2.64 Cr	0.55%
Net Receivables / (Payables)	Cash - Collateral	₹-1.77 Cr	0.37%

Allocation By Market Cap (Equity)

Other Allocation

Equity Sector

Debt & Others

Sector	Amount	Holdings
Financial Services	₹128.98 Cr	27.03%
Industrials	₹94.13 Cr	19.73%
Technology	₹65 Cr	13.62%
Healthcare	₹38.09 Cr	7.98%
Consumer Cyclical	₹37.04 Cr	7.76%
Basic Materials	₹30.22 Cr	6.33%
Real Estate	₹25.36 Cr	5.32%
Consumer Defensive	₹23.47 Cr	4.92%
Energy	₹16.09 Cr	3.37%
Communication Services	₹11.19 Cr	2.35%
Utilities	₹6.75 Cr	1.41%

Risk & Performance Ratios

Fund Managers

Karthik Kumar

Since August 2023

Additional Scheme Detailsas of 30th September 2025

ISIN

INF846K019H0

Expense Ratio

0.25%

Exit Load

No Charges

Fund Size

₹477 Cr

Age

3 years 7 months

Lumpsum Minimum

₹100

Fund Status

Open Ended Investment Company

Benchmark

Nifty Midcap 50 TR INR

Investment 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

Capital Gains Taxation:

Dividend Taxation:

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 Index Funds Funds

Fund name	Expense Ratio	Exit Load	Fund size	1Y
Mirae Asset Nifty Smallcap 250 ETF Very High Risk	-	-	-	-
Groww Nifty Midcap 150 Index Fund Direct Growth Very High Risk	-	0.0%	-	-
Groww Nifty Midcap 150 Index Fund Regular Growth Very High Risk	-	0.0%	-	-
Zerodha BSE SENSEX Index Fund Direct Growth Very High Risk	-	0.0%	-	-
Zerodha Nifty 50 ETF Very High Risk	-	-	-	-
Zerodha Nifty 50 Index Fund Direct Growth Very High Risk	-	0.0%	-	-
DSP Nifty500 Flexicap Quality 30 ETF Very High Risk	-	-	-	-
Kotak Nifty 200 Momentum 30 ETF Very High Risk	-	-	-	-
Groww Nifty Realty ETF Very High Risk	-	-	-	-
Tata Nifty Next 50 Index Fund Direct Growth Very High Risk	-	0.0%	-	-
Tata Nifty Next 50 Index Fund Regular Growth Very High Risk	-	0.0%	-	-
Bandhan BSE India Sector Leaders Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹32.72 Cr	-
Bandhan BSE India Sector Leaders Index Fund Regular Growth Very High Risk	1.0%	0.0%	₹32.72 Cr	-
Edelweiss Nifty LargeMidcap 250 ETF Very High Risk	1.0%	-	₹74.41 Cr	-
Zerodha Nifty Smallcap 100 ETF Very High Risk	-	-	₹8.44 Cr	-
Axis Nifty500 Quality 50 Index Fund Direct Growth Very High Risk	0.2%	0.0%	₹81.91 Cr	-
Axis Nifty500 Quality 50 Index Fund Regular Growth Very High Risk	1.1%	0.0%	₹81.91 Cr	-
DSP Nifty500 Flexicap Quality 30 Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹62.35 Cr	-
DSP Nifty500 Flexicap Quality 30 Index Fund Regular Growth Very High Risk	1.0%	0.0%	₹62.35 Cr	-
Groww Nifty Next 50 Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹5.78 Cr	-
Groww Nifty Next 50 Index Fund Regular Growth Very High Risk	1.0%	0.0%	₹5.78 Cr	-
Nippon India Nifty India Manufacturing Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹35.90 Cr	-
Nippon India Nifty India Manufacturing Index Fund Regular Growth Very High Risk	0.8%	0.0%	₹35.90 Cr	-
JioBlackRock Nifty Midcap 150 Index Fund Direct Growth Very High Risk	0.1%	0.0%	₹113.92 Cr	-
JioBlackRock Nifty Smallcap 250 Index Fund Direct Growth Very High Risk	0.1%	0.0%	₹126.31 Cr	-
JioBlackRock Nifty Next 50 Index Fund Direct Growth Very High Risk	0.1%	0.0%	₹89.08 Cr	-
JioBlackRock Nifty 50 Index Fund Direct Growth Very High Risk	0.1%	0.0%	₹92.50 Cr	-
Kotak Nifty Alpha 50 Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹10.66 Cr	-
Kotak Nifty Alpha 50 Index Fund Regular Growth Very High Risk	0.9%	0.0%	₹10.66 Cr	-
Nippon India Nifty 1D Rate Liquid ETF Low Risk	0.5%	-	₹62.87 Cr	-
Aditya Birla Sun Life BSE 500 Quality 50 Index Fund Regular Growth Very High Risk	0.1%	0.0%	₹78.07 Cr	-
Aditya Birla Sun Life BSE 500 Quality 50 Index Fund Direct Growth Very High Risk	0.0%	0.0%	₹78.07 Cr	-
Aditya Birla Sun Life BSE 500 Momentum 50 Index Fund Regular Growth Very High Risk	0.2%	0.0%	₹53.70 Cr	-
Aditya Birla Sun Life BSE 500 Momentum 50 Index Fund Direct Growth Very High Risk	0.2%	0.0%	₹53.70 Cr	-
SBI Nifty100 Low Volatility 30 Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹63.78 Cr	-
SBI Nifty100 Low Volatility 30 Index Fund Regular Growth Very High Risk	0.8%	0.0%	₹63.78 Cr	-
Motilal Oswal Nifty Midcap150 Momentum 50 ETF Very High Risk	0.5%	-	₹11.17 Cr	-
Groww Nifty 50 ETF Very High Risk	0.2%	-	₹11.94 Cr	-
ICICI Prudential Nifty Private Bank Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹8.44 Cr	-
ICICI Prudential Nifty Private Bank Index Fund Regular Growth Very High Risk	0.9%	0.0%	₹8.44 Cr	-
Groww Nifty 50 Index Fund Regular Growth Very High Risk	1.0%	0.0%	₹13.41 Cr	-
Groww Nifty 50 Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹13.41 Cr	-
Sundaram Multi-Factor Fund Direct Growth Very High Risk	0.5%	1.0%	₹903.43 Cr	-
Sundaram Multi-Factor Fund Regular Growth Very High Risk	2.2%	1.0%	₹903.43 Cr	-
SBI Nifty200 Momentum 30 Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹103.96 Cr	-
SBI Nifty200 Momentum 30 Index Fund Regular Growth Very High Risk	0.7%	0.0%	₹103.96 Cr	-
Kotak Nifty 200 Quality 30 Index Fund Direct Growth Very High Risk	0.2%	0.0%	₹12.56 Cr	-
Kotak Nifty 200 Quality 30 Index Fund Regular Growth Very High Risk	0.6%	0.0%	₹12.56 Cr	-
Kotak Nifty200 Quality 30 ETF Very High Risk	0.3%	-	₹2.17 Cr	-
ICICI Prudential Nifty Top 15 Equal Weight ETF Very High Risk	0.3%	-	₹7.16 Cr	-

About the AMC

Axis Mutual Fund

+91 22 43255161

https://www.axismf.com/

Total AUM

₹3,33,190 Cr

Address

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

Other Funds by Axis Mutual Fund

Fund name	Expense Ratio	Exit Load	Fund size	1Y
Axis Income Plus Arbitrage Passive Fund of Funds Direct Growth Low to Moderate Risk	-	0.0%	-	-
Axis CRISIL-IBX Financial Services 3-6 Months Debt Index Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹310.57 Cr	-
Axis Nifty500 Quality 50 Index Fund Direct Growth Very High Risk	0.2%	0.0%	₹81.91 Cr	-
Axis Services Opportunities Fund Direct Growth Very High Risk	0.6%	1.0%	₹1987.28 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%	₹97.44 Cr	-
Axis CRISIL IBX AAA Bond NBFC HFC Jun 2027 Index Fund Direct Growth Moderate Risk	0.1%	0.0%	₹46.12 Cr	-
Axis Momentum Fund Direct Growth Very High Risk	0.6%	1.0%	₹1235.08 Cr	-
Axis CRISIL-IBX AAA Bond Financial Services - Sep 2027 Index Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹24.04 Cr	-
Axis Nifty500 Value 50 Index Fund Direct Growth Very High Risk	0.2%	0.0%	₹94.94 Cr	7.7%
Axis CRISIL IBX AAA NBFC Index Jun 2027 Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹978.23 Cr	8.7%
Axis Consumption Fund Direct Growth Very High Risk	0.5%	1.0%	₹3957.12 Cr	5.3%
Axis Nifty 500 Index Fund Direct Growth Very High Risk	0.1%	0.0%	₹292.69 Cr	6.0%
Axis Nifty Bank Index Fund Direct Growth Very High Risk	0.2%	0.0%	₹135.79 Cr	13.7%
Axis CRISIL IBX SDL June 2034 Debt Index Fund Direct Growth Moderate Risk	0.2%	0.0%	₹10.10 Cr	6.7%
Axis S&P BSE Sensex Index Fund Direct Growth Very High Risk	0.1%	0.0%	₹130.58 Cr	6.9%
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%	₹46.52 Cr	12.1%
Axis India Manufacturing Fund Direct Growth Very High Risk	0.5%	1.0%	₹5301.33 Cr	6.2%
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 Cr	7.8%
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 Cr	7.2%
Axis Nifty SDL September 2026 Debt Index Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹79.56 Cr	7.7%
Axis Banking & PSU Debt Fund Direct Growth Moderate Risk	0.3%	0.0%	₹13055.74 Cr	8.4%
Axis Global Equity Alpha Fund of Fund Direct Growth Very High Risk	0.9%	1.0%	₹1134.24 Cr	28.8%
Axis Nifty Smallcap 50 Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹535.37 Cr	-0.6%
Axis Flexi Cap Fund Direct Growth Very High Risk	0.7%	1.0%	₹8630.63 Cr	7.2%
Axis Money Market Fund Direct Growth Moderate Risk	0.2%	0.0%	₹18085.61 Cr	7.9%
Axis Equity Hybrid Fund Direct Growth High Risk	1.1%	1.0%	₹1538.02 Cr	6.3%
Axis Special Situations Fund Direct Growth Very High Risk	1.3%	1.0%	₹1179.45 Cr	6.4%
Axis Corporate Debt Fund Direct Growth Moderate Risk	0.4%	0.0%	₹9184.28 Cr	9.2%
Axis ESG Equity Fund Direct Growth Very High Risk	1.4%	1.0%	₹1189.41 Cr	3.3%
Axis Arbitrage Fund Direct Growth Low Risk	0.3%	0.0%	₹7578.40 Cr	7.2%
Axis Greater China Equity Fund of Fund Direct Growth Very High Risk	0.6%	1.0%	₹1216.94 Cr	36.5%
Axis Value Fund Direct Growth Very High Risk	0.8%	1.0%	₹1072.78 Cr	7.2%
Axis All Seasons Debt Fund of Funds Direct Growth Moderate Risk	0.1%	0.0%	₹1716.63 Cr	8.3%
Axis Quant Fund Direct Growth Very High Risk	0.7%	1.0%	₹903.24 Cr	-2.0%
Axis Gilt Fund Direct Growth Moderate Risk	0.4%	0.0%	₹679.19 Cr	6.1%
Axis Bluechip Fund Direct Growth Very High Risk	0.7%	1.0%	₹32956.38 Cr	7.6%
Axis Dynamic Bond Fund Direct Growth Moderate Risk	0.3%	0.0%	₹1209.22 Cr	7.8%
Axis Gold Fund Direct Growth Very High Risk	0.2%	1.0%	₹1556.55 Cr	48.8%
Axis Focused 25 Fund Direct Growth Very High Risk	0.8%	1.0%	₹12256.85 Cr	6.6%
Axis Regular Saver Fund Direct Growth Very High Risk	1.0%	1.0%	₹270.65 Cr	7.2%
Axis Strategic Bond Fund Direct Growth Moderately High risk	0.7%	1.0%	₹1907.76 Cr	9.4%
Axis Long Term Equity Fund Direct Growth Very High Risk	0.8%	0.0%	₹34301.98 Cr	6.3%
Axis Short Term Fund Direct Growth Low to Moderate Risk	0.4%	0.0%	₹12200.82 Cr	9.2%
Axis Liquid Fund Direct Growth Moderate Risk	0.1%	0.0%	₹28170.15 Cr	6.8%

Risk Level

Your principal amount will be at Low Risk

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Still got questions?
We're here to help.

What is the current NAV of Axis Nifty Midcap 50 Index Fund Direct Growth?

The NAV of Axis Nifty Midcap 50 Index Fund Direct Growth, as of 03-Nov-2025, is ₹20.80.

What are the returns of Axis Nifty Midcap 50 Index Fund Direct Growth?

The fund has generated 10.52% over the last 1 year and 25.07% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.

What is the portfolio composition of Axis Nifty Midcap 50 Index Fund Direct Growth?

The fund's allocation of assets is distributed as 99.82% in equities, 0.00% in bonds, and 0.18% in cash and cash equivalents.

Who manages the Axis Nifty Midcap 50 Index Fund Direct Growth?

The fund managers responsible for Axis Nifty Midcap 50 Index Fund Direct Growth are:-

Karthik Kumar

Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.

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Fund Overview

Fund Size

₹477 Cr

Expense Ratio

0.25%

ISIN

INF846K019H0

Minimum SIP

₹100

Exit Load

No Charges

Inception Date

28 Mar 2022

Risk Level

Your principal amount will be at Low Risk