Dezerv

Fund Overview

Fund Size

Fund Size

₹265 Cr

Expense Ratio

Expense Ratio

0.23%

ISIN

ISIN

INF846K019H0

Minimum SIP

Minimum SIP

₹500

Exit Load

Exit Load

No Charges

Inception Date

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 2 years and 22 days, having been launched on 28-Mar-22.
As of 18-Apr-24, it has a Net Asset Value (NAV) of ₹16.58, Assets Under Management (AUM) of 264.67 Crores, and an expense ratio of 0.23%.
  • Axis Nifty Midcap 50 Index Fund Direct Growth has given a CAGR return of 27.82% since inception.
  • The fund's asset allocation comprises around 99.34% in equities, 0.00% in debts, and 0.66% in cash & cash equivalents.
  • You can start investing in Axis Nifty Midcap 50 Index Fund Direct Growth with a SIP of ₹500 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

+55.77%

--%(Cat. Avg.)

Since Inception

+27.82%

--%(Cat. Avg.)

Portfolio Summaryas of 31st March 2024

Equity262.93 Cr99.34%
Others1.74 Cr0.66%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
Max Healthcare Institute Ltd Ordinary SharesEquity11.79 Cr4.46%
Indian Hotels Co LtdEquity10.59 Cr4.00%
Persistent Systems LtdEquity8.48 Cr3.20%
Cummins India LtdEquity8.43 Cr3.18%
Suzlon Energy LtdEquity8.34 Cr3.15%
Lupin LtdEquity8.07 Cr3.05%
Yes Bank LtdEquity7.94 Cr3.00%
HDFC Asset Management Co LtdEquity7.77 Cr2.94%
Tube Investments of India Ltd Ordinary SharesEquity7.61 Cr2.88%
The Federal Bank LtdEquity6.95 Cr2.63%
Coforge LtdEquity6.94 Cr2.62%
Aurobindo Pharma LtdEquity6.32 Cr2.39%
Hindustan Petroleum Corp LtdEquity6.26 Cr2.36%
Bharat Heavy Electricals LtdEquity6.2 Cr2.34%
IDFC First Bank LtdEquity6.17 Cr2.33%
PI Industries LtdEquity6.05 Cr2.29%
Bharat Forge LtdEquity5.96 Cr2.25%
AU Small Finance Bank LtdEquity5.6 Cr2.12%
MRF LtdEquity5.6 Cr2.12%
Dixon Technologies (India) LtdEquity5.49 Cr2.07%
Godrej Properties LtdEquity5.42 Cr2.05%
Alkem Laboratories LtdEquity5.12 Cr1.93%
Ashok Leyland LtdEquity5.09 Cr1.92%
Astral LtdEquity5.07 Cr1.92%
Max Financial Services LtdEquity5.07 Cr1.92%
Container Corporation of India LtdEquity5 Cr1.89%
Polycab India LtdEquity4.86 Cr1.84%
Tata Communications LtdEquity4.84 Cr1.83%
NMDC LtdEquity4.76 Cr1.80%
UPL LtdEquity4.47 Cr1.69%
Clearing Corporation Of India LtdCash - Repurchase Agreement4.46 Cr1.68%
Page Industries LtdEquity4.35 Cr1.64%
Oracle Financial Services Software LtdEquity4.23 Cr1.60%
Mphasis LtdEquity4.1 Cr1.55%
Petronet LNG LtdEquity4.06 Cr1.54%
Steel Authority Of India LtdEquity4 Cr1.51%
GMR Airports Infrastructure LtdEquity3.94 Cr1.49%
Indus Towers Ltd Ordinary SharesEquity3.88 Cr1.47%
Balkrishna Industries LtdEquity3.78 Cr1.43%
Oberoi Realty LtdEquity3.55 Cr1.34%
Jubilant Foodworks LtdEquity3.53 Cr1.34%
ACC LtdEquity3.46 Cr1.31%
Mahindra & Mahindra Financial Services LtdEquity3.4 Cr1.28%
Dalmia Bharat LtdEquity3.16 Cr1.20%
L&T Technology Services LtdEquity3.12 Cr1.18%
Bandhan Bank LtdEquity3.06 Cr1.16%
Net Receivables / (Payables)Cash-2.71 Cr1.03%
Aditya Birla Capital LtdEquity2.53 Cr0.96%
L&T Finance LtdEquity2.52 Cr0.95%
Vodafone Idea LtdEquity2.13 Cr0.81%
Gujarat Gas LtdEquity1.94 Cr0.73%
Escorts Kubota LtdEquity1.9 Cr0.72%

Allocation By Market Cap (Equity)

Large Cap Stocks

6.85%

Mid Cap Stocks

89.34%

Small Cap Stocks

3.15%

Other Allocation

Equity Sector

Debt & Others

SectorAmount sortHoldings sort
Industrials56.45 Cr21.33%
Financial Services51.02 Cr19.28%
Consumer Cyclical33.82 Cr12.78%
Technology32.35 Cr12.22%
Healthcare31.3 Cr11.82%
Basic Materials25.91 Cr9.79%
Communication Services10.86 Cr4.10%
Energy10.32 Cr3.90%
Real Estate8.97 Cr3.39%
Utilities1.94 Cr0.73%

Risk & Performance Ratios

Standard Deviation

This fund

--

Cat. avg.

--

Lower the better

Sharpe Ratio

This fund

--

Cat. avg.

--

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

--

Higher the better

Fund Managers

KK

Karthik Kumar

Since August 2023

Mayank Hyanki

Mayank Hyanki

Since April 2024

Additional Scheme Detailsas of 31st March 2024

ISININF846K019H0Expense Ratio0.23%Exit LoadNo ChargesFund Size₹265 CrAge28 Mar 2022Lumpsum Minimum₹100Fund StatusOpen Ended Investment CompanyBenchmarkNifty Midcap 50 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 Index Funds Funds

Fund nameExpense RatioExit LoadFund size
1Y
ICICI Prudential Nifty Midcap 150 Index Fund Direct Growth

Very High Risk

0.3%0.0%₹358.09 Cr54.5%
ICICI Prudential Nifty Midcap 150 Index Fund Regular Growth

Very High Risk

0.9%0.0%₹358.09 Cr53.4%
ICICI Prudential Nifty 200 Momentum 30 Index Fund Regular Growth

Very High Risk

1.0%0.0%₹156.71 Cr62.9%
SBI Nifty Midcap 150 Index Fund Regular Growth

Very High Risk

1.0%0.0%₹345.69 Cr53.8%
DSP Nifty 50 Equal Weight Index Fund Regular Growth

Very High Risk

1.0%0.0%₹1195.37 Cr36.6%
SBI Nifty Smallcap 250 Index Fund Direct Growth

Very High Risk

0.4%0.0%₹603.69 Cr66.4%
SBI Nifty Midcap 150 Index Fund Direct Growth

Very High Risk

0.4%0.0%₹345.69 Cr54.8%
ICICI Prudential Nifty 200 Momentum 30 Index Fund Direct Growth

Very High Risk

0.3%0.0%₹156.71 Cr63.9%
DSP Nifty 50 Equal Weight Index Fund Direct Growth

Very High Risk

0.4%0.0%₹1195.37 Cr37.3%
SBI Nifty Smallcap 250 Index Fund Regular Growth

Very High Risk

1.0%0.0%₹603.69 Cr65.4%

About the AMC

Total AUM

₹2,78,720 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%₹99.90 Cr-
Axis India Manufacturing Fund Direct Growth

Very High Risk

0.5%1.0%₹4360.55 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%-7.1%
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%-7.3%
Axis Nifty SDL September 2026 Debt Index Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹77.47 Cr6.9%
Axis Banking & PSU Debt Fund Direct Growth

Moderate Risk

0.3%0.0%₹13728.71 Cr6.9%
Axis Global Equity Alpha Fund of Fund Direct Growth

Very High Risk

1.1%1.0%₹922.09 Cr21.6%
Axis Nifty Smallcap 50 Index Fund Direct Growth

Very High Risk

0.3%0.0%₹240.82 Cr75.4%
Axis Flexi Cap Fund Direct Growth

Very High Risk

0.8%1.0%₹11670.37 Cr32.3%
Axis Money Market Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹7272.40 Cr7.7%
Axis Equity Hybrid Fund Direct Growth

Very High Risk

1.0%1.0%₹1586.00 Cr21.5%
Axis Special Situations Fund Direct Growth

Very High Risk

1.3%1.0%₹1202.39 Cr37.0%
Axis Corporate Debt Fund Direct Growth

Moderate Risk

0.3%0.0%₹5363.14 Cr7.5%
Axis ESG Equity Fund Direct Growth

Very High Risk

1.4%1.0%₹1371.79 Cr30.5%
Axis Arbitrage Fund Direct Growth

Low Risk

0.3%0.0%₹3931.16 Cr8.3%
Axis Greater China Equity Fund of Fund Direct Growth

Very High Risk

0.6%1.0%₹132.21 Cr-13.7%
Axis Value Fund Direct Growth

Very High Risk

1.0%1.0%₹499.14 Cr49.9%
Axis All Seasons Debt Fund of Funds Direct Growth

Moderately High risk

0.2%1.0%₹173.73 Cr6.7%
Axis Gilt Fund Direct Growth

Moderate Risk

0.4%0.0%₹285.72 Cr7.8%
Axis Bluechip Fund Direct Growth

Very High Risk

0.7%1.0%₹33523.02 Cr29.1%
Axis Dynamic Bond Fund Direct Growth

Moderate Risk

0.3%0.0%₹1708.41 Cr7.2%
Axis Gold Fund Direct Growth

High Risk

0.2%1.0%₹410.00 Cr19.8%
Axis Focused 25 Fund Direct Growth

Very High Risk

0.8%1.0%₹14086.94 Cr31.0%
Axis Regular Saver Fund Direct Growth

Very High Risk

0.9%1.0%₹342.01 Cr10.5%
Axis Strategic Bond Fund Direct Growth

Moderately High risk

0.3%1.0%₹1985.48 Cr8.0%
Axis Long Term Equity Fund Direct Growth

Very High Risk

0.8%0.0%₹35473.88 Cr34.8%
Axis Short Term Fund Direct Growth

Moderate Risk

0.3%0.0%₹7797.42 Cr7.3%
Axis Liquid Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹22169.19 Cr7.4%
Axis Multi Asset Allocation Fund Direct Growth

Very High Risk

1.4%1.0%₹1173.79 Cr20.8%
Axis Midcap Fund Direct Growth

Very High Risk

0.6%1.0%₹25536.68 Cr41.3%
Axis Treasury Advantage Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹5100.92 Cr7.6%
Axis Equity Saver Fund Direct Growth

Moderately High risk

1.1%1.0%₹902.05 Cr19.7%
Axis Balanced Advantage Fund Direct Growth

Moderately High risk

0.9%1.0%₹2102.69 Cr27.0%
Axis Nifty Midcap 50 Index Fund Direct Growth

Low Risk

0.2%0.0%₹264.67 Cr55.8%
Axis Nifty IT Index Fund Direct Growth

Very High Risk

0.3%0.0%₹107.06 Cr-
Axis CRISIL IBX 50:50 Gilt Plus SDL September 2027 Index Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹33.81 Cr6.7%
Axis Credit Risk Fund Direct Growth

Moderately High risk

0.8%1.0%₹463.99 Cr7.7%
Axis Ultra Short Term Fund Direct Growth

Moderate Risk

0.3%0.0%₹4063.99 Cr7.7%
Axis Multicap Fund Direct Growth

Very High Risk

0.8%1.0%₹5081.24 Cr51.7%
Axis CRISIL IBX 50:50 Gilt Plus SDL June 2028 Index Fund Direct Growth

Moderate Risk

0.2%0.0%₹68.59 Cr7.0%
Axis Nifty AAA Bond Plus SDL Apirl 2026 50:50 ETF Fund Of Funds Direct Growth

Low to Moderate Risk

0.1%0.0%₹290.25 Cr7.2%
Axis Silver Fund of Funds Direct Growth

Very High Risk

0.1%0.0%₹35.76 Cr11.3%
Axis Nifty Next 50 Index Fund Direct Growth

Very High Risk

0.2%0.0%₹135.86 Cr60.0%
Axis CRISIL IBX 70:30 CPSE Plus SDL April 2025 Index Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹538.54 Cr7.2%
Axis Long Duration Fund Direct Growth

Moderate Risk

0.3%0.0%₹216.04 Cr8.0%
Axis Nifty 50 Index Fund Direct Growth

Very High Risk

0.1%0.0%₹431.54 Cr25.7%

Risk Level

Your principal amount will be at Low Risk

Low Risk
Wealth Monitor

Unlock Expert Insights!

Maximise Returns with our Wealth Monitor App. Try it now!

Still got questions?
We're here to help.

The NAV of Axis Nifty Midcap 50 Index Fund Direct Growth, as of 18-Apr-2024, is ₹16.58.
The fund's allocation of assets is distributed as 99.34% in equities, 0.00% in bonds, and 0.66% in cash and cash equivalents.
The fund managers responsible for Axis Nifty Midcap 50 Index Fund Direct Growth are:-
  1. Karthik Kumar
  2. Mayank Hyanki