Axis Nifty Midcap 50 Index Fund Regular Growth

Fund Overview

Fund Size

₹352 Cr

Expense Ratio

1.00%

ISIN

INF846K012I3

Minimum SIP

₹100

Exit Load

No Charges

Inception Date

28 Mar 2022

About this fund

Axis Nifty Midcap 50 Index Fund Regular Growth is a Index Funds mutual fund schemes offered by Axis Mutual Fund. This fund has been in existence for 2 years, 3 months and 28 days, having been launched on 28-Mar-22.
As of 25-Jul-24, it has a Net Asset Value (NAV) of ₹18.98, Assets Under Management (AUM) of 351.55 Crores, and an expense ratio of 1%.

Axis Nifty Midcap 50 Index Fund Regular Growth has given a CAGR return of 31.71% since inception.
The fund's asset allocation comprises around 99.50% in equities, 0.00% in debts, and 0.50% in cash & cash equivalents.
You can start investing in Axis Nifty Midcap 50 Index Fund Regular 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

+50.36%

— (Cat Avg.)

Since Inception

+31.71%

— (Cat Avg.)

Portfolio Summaryas of 30th June 2024

Equity	₹349.81 Cr	99.50%
Others	₹1.74 Cr	0.50%

Top Holdings

All Holdings

Equity

Debt & Others

Name	Type	Amount	Holdings
Max Healthcare Institute Ltd Ordinary Shares	Equity	₹15.78 Cr	4.49%
Suzlon Energy Ltd	Equity	₹12.74 Cr	3.62%
Indian Hotels Co Ltd	Equity	₹12.34 Cr	3.51%
Cummins India Ltd	Equity	₹12.25 Cr	3.48%
Tube Investments of India Ltd Ordinary Shares	Equity	₹10.29 Cr	2.93%
Dixon Technologies (India) Ltd	Equity	₹10.26 Cr	2.92%
Persistent Systems Ltd	Equity	₹10.08 Cr	2.87%
Yes Bank Ltd	Equity	₹9.74 Cr	2.77%
Bharat Forge Ltd	Equity	₹9.72 Cr	2.76%
The Federal Bank Ltd	Equity	₹9.49 Cr	2.70%
HDFC Asset Management Co Ltd	Equity	₹9.11 Cr	2.59%
Lupin Ltd	Equity	₹8.89 Cr	2.53%
Bharat Heavy Electricals Ltd	Equity	₹8.8 Cr	2.50%
Vodafone Idea Ltd	Equity	₹8.54 Cr	2.43%
AU Small Finance Bank Ltd	Equity	₹8.5 Cr	2.42%
Godrej Properties Ltd	Equity	₹8.31 Cr	2.36%
Coforge Ltd	Equity	₹8.12 Cr	2.31%
Ashok Leyland Ltd	Equity	₹7.9 Cr	2.25%
Aurobindo Pharma Ltd	Equity	₹7.71 Cr	2.19%
IDFC First Bank Ltd	Equity	₹7.39 Cr	2.10%
Hindustan Petroleum Corp Ltd	Equity	₹7.23 Cr	2.06%
Polycab India Ltd	Equity	₹7.12 Cr	2.03%
Indus Towers Ltd Ordinary Shares	Equity	₹7.1 Cr	2.02%
PI Industries Ltd	Equity	₹6.93 Cr	1.97%
Astral Ltd	Equity	₹6.68 Cr	1.90%
UPL Ltd	Equity	₹6.52 Cr	1.85%
Container Corporation of India Ltd	Equity	₹6.49 Cr	1.85%
NMDC Ltd	Equity	₹6.38 Cr	1.81%
MRF Ltd	Equity	₹5.99 Cr	1.71%
Balkrishna Industries Ltd	Equity	₹5.81 Cr	1.65%
Alkem Laboratories Ltd	Equity	₹5.69 Cr	1.62%
Petronet LNG Ltd	Equity	₹5.62 Cr	1.60%
Page Industries Ltd	Equity	₹5.44 Cr	1.55%
GMR Airports Infrastructure Ltd	Equity	₹5.43 Cr	1.54%
Max Financial Services Ltd	Equity	₹5.4 Cr	1.54%
Oracle Financial Services Software Ltd	Equity	₹5.25 Cr	1.49%
Tata Communications Ltd	Equity	₹4.91 Cr	1.40%
Jubilant Foodworks Ltd	Equity	₹4.9 Cr	1.39%
Steel Authority Of India Ltd	Equity	₹4.87 Cr	1.39%
Oberoi Realty Ltd	Equity	₹4.66 Cr	1.32%
Mphasis Ltd	Equity	₹4.63 Cr	1.32%
Mahindra & Mahindra Financial Services Ltd	Equity	₹4.05 Cr	1.15%
ACC Ltd	Equity	₹4.02 Cr	1.14%
Bandhan Bank Ltd	Equity	₹3.8 Cr	1.08%
Aditya Birla Capital Ltd	Equity	₹3.8 Cr	1.08%
L&T Finance Ltd	Equity	₹3.27 Cr	0.93%
Dalmia Bharat Ltd	Equity	₹3.24 Cr	0.92%
Escorts Kubota Ltd	Equity	₹3.12 Cr	0.89%
L&T Technology Services Ltd	Equity	₹3.06 Cr	0.87%
Clearing Corporation Of India Ltd	Cash - Repurchase Agreement	₹2.46 Cr	0.70%
Gujarat Gas Ltd	Equity	₹2.45 Cr	0.70%
Net Receivables / (Payables)	Cash	₹-0.72 Cr	0.20%

Allocation By Market Cap (Equity)

Other Allocation

Equity Sector

Debt & Others

Sector	Amount	Holdings
Industrials	₹80.81 Cr	22.99%
Financial Services	₹64.57 Cr	18.37%
Consumer Cyclical	₹44.2 Cr	12.57%
Technology	₹41.41 Cr	11.78%
Healthcare	₹38.06 Cr	10.83%
Basic Materials	₹31.96 Cr	9.09%
Communication Services	₹20.55 Cr	5.84%
Real Estate	₹12.97 Cr	3.69%
Energy	₹12.84 Cr	3.65%
Utilities	₹2.45 Cr	0.70%

Risk & Performance Ratios

Fund Managers

Karthik Kumar

Since August 2023

Mayank Hyanki

Since April 2024

Additional Scheme Detailsas of 30th June 2024

ISIN

INF846K012I3

Expense Ratio

1.00%

Exit Load

No Charges

Fund Size

₹352 Cr

Age

28 Mar 2022

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

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 name	Expense Ratio	Exit Load	Fund size	1Y
ICICI Prudential Nifty Midcap 150 Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹494.41 Cr	52.5%
ICICI Prudential Nifty Midcap 150 Index Fund Regular Growth Very High Risk	0.9%	0.0%	₹494.41 Cr	51.5%
ICICI Prudential Nifty 200 Momentum 30 Index Fund Regular Growth Very High Risk	1.0%	0.0%	₹264.53 Cr	61.9%
SBI Nifty Midcap 150 Index Fund Regular Growth Very High Risk	1.0%	0.0%	₹517.61 Cr	51.8%
DSP Nifty 50 Equal Weight Index Fund Regular Growth Very High Risk	1.0%	0.0%	₹1558.99 Cr	35.3%
SBI Nifty Smallcap 250 Index Fund Direct Growth Very High Risk	0.4%	0.0%	₹876.68 Cr	57.0%
SBI Nifty Midcap 150 Index Fund Direct Growth Very High Risk	0.4%	0.0%	₹517.61 Cr	52.7%
ICICI Prudential Nifty 200 Momentum 30 Index Fund Direct Growth Very High Risk	0.4%	0.0%	₹264.53 Cr	62.9%
DSP Nifty 50 Equal Weight Index Fund Direct Growth Very High Risk	0.4%	0.0%	₹1558.99 Cr	36.0%
SBI Nifty Smallcap 250 Index Fund Regular Growth Very High Risk	1.0%	0.0%	₹876.68 Cr	56.0%

About the AMC

Axis Mutual Fund

+91 22 43255161

https://www.axismf.com/

Total AUM

₹2,86,505 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 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%	₹98.28 Cr	-
Axis India Manufacturing Fund Direct Growth Very High Risk	0.3%	1.0%	₹5909.15 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%	-	7.2%
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 to Moderate Risk	-	0.0%	-	7.6%
Axis Nifty SDL September 2026 Debt Index Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹78.97 Cr	7.6%
Axis Banking & PSU Debt Fund Direct Growth Moderate Risk	0.3%	0.0%	₹13698.76 Cr	7.1%
Axis Global Equity Alpha Fund of Fund Direct Growth Very High Risk	0.8%	1.0%	₹895.88 Cr	20.9%
Axis Nifty Smallcap 50 Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹357.40 Cr	67.1%
Axis Flexi Cap Fund Direct Growth Very High Risk	0.7%	1.0%	₹12721.36 Cr	31.7%
Axis Money Market Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹12240.98 Cr	7.7%
Axis Equity Hybrid Fund Direct Growth Very High Risk	1.0%	1.0%	₹1643.44 Cr	23.3%
Axis Special Situations Fund Direct Growth Very High Risk	1.3%	1.0%	₹1270.83 Cr	34.5%
Axis Corporate Debt Fund Direct Growth Moderate Risk	0.3%	0.0%	₹5427.34 Cr	7.8%
Axis ESG Equity Fund Direct Growth Very High Risk	1.3%	1.0%	₹1390.64 Cr	30.8%
Axis Arbitrage Fund Direct Growth Low Risk	0.3%	0.0%	₹5237.74 Cr	8.4%
Axis Greater China Equity Fund of Fund Direct Growth Very High Risk	0.6%	1.0%	₹187.60 Cr	-2.8%
Axis Value Fund Direct Growth Very High Risk	1.0%	1.0%	₹619.87 Cr	48.4%
Axis All Seasons Debt Fund of Funds Direct Growth Moderately High risk	0.2%	1.0%	₹175.40 Cr	8.2%
Axis Gilt Fund Direct Growth Moderate Risk	0.4%	0.0%	₹422.07 Cr	9.4%
Axis Bluechip Fund Direct Growth Very High Risk	0.7%	1.0%	₹34520.15 Cr	27.1%
Axis Dynamic Bond Fund Direct Growth Moderate Risk	0.3%	0.0%	₹1677.60 Cr	7.4%
Axis Gold Fund Direct Growth High Risk	0.2%	1.0%	₹501.03 Cr	22.1%
Axis Focused 25 Fund Direct Growth Very High Risk	0.8%	1.0%	₹13880.51 Cr	24.2%
Axis Regular Saver Fund Direct Growth Very High Risk	0.8%	1.0%	₹305.95 Cr	11.1%
Axis Strategic Bond Fund Direct Growth Moderately High risk	0.4%	1.0%	₹1937.72 Cr	8.4%
Axis Long Term Equity Fund Direct Growth Very High Risk	0.8%	0.0%	₹37106.30 Cr	30.3%
Axis Short Term Fund Direct Growth Moderate Risk	0.3%	0.0%	₹8269.80 Cr	7.7%
Axis Liquid Fund Direct Growth Moderate Risk	0.2%	0.0%	₹29924.59 Cr	7.4%
Axis Multi Asset Allocation Fund Direct Growth Very High Risk	1.1%	1.0%	₹1245.86 Cr	22.8%
Axis Midcap Fund Direct Growth Very High Risk	0.5%	1.0%	₹30143.58 Cr	44.9%
Axis Treasury Advantage Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹5003.40 Cr	7.6%
Axis Equity Saver Fund Direct Growth Moderately High risk	1.0%	1.0%	₹938.20 Cr	18.6%
Axis Balanced Advantage Fund Direct Growth Moderately High risk	0.9%	1.0%	₹2322.48 Cr	28.6%
Axis Nifty Midcap 50 Index Fund Direct Growth Low Risk	0.2%	0.0%	₹351.55 Cr	51.4%
Axis Nifty IT Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹113.87 Cr	36.7%
Axis CRISIL IBX 50:50 Gilt Plus SDL September 2027 Index Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹33.76 Cr	7.6%
Axis Credit Risk Fund Direct Growth Moderately High risk	0.8%	1.0%	₹445.63 Cr	8.1%
Axis Ultra Short Term Fund Direct Growth Moderate Risk	0.3%	0.0%	₹4947.39 Cr	7.7%
Axis Multicap Fund Direct Growth Very High Risk	0.6%	1.0%	₹5973.27 Cr	50.6%
Axis CRISIL IBX 50:50 Gilt Plus SDL June 2028 Index Fund Direct Growth Moderate Risk	0.2%	0.0%	₹69.66 Cr	7.6%
Axis Nifty AAA Bond Plus SDL Apirl 2026 50:50 ETF Fund Of Funds Direct Growth Low to Moderate Risk	0.1%	0.0%	₹291.10 Cr	7.4%
Axis Silver Fund of Funds Direct Growth Very High Risk	0.1%	0.0%	₹42.70 Cr	10.0%
Axis Nifty Next 50 Index Fund Direct Growth Very High Risk	0.2%	0.0%	₹244.31 Cr	62.5%
Axis CRISIL IBX 70:30 CPSE Plus SDL April 2025 Index Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹571.26 Cr	7.2%
Axis Long Duration Fund Direct Growth Moderate Risk	0.3%	0.0%	₹304.68 Cr	10.3%
Axis Nifty 50 Index Fund Direct Growth Very High Risk	0.1%	0.0%	₹482.49 Cr	25.1%

Risk Level

Your principal amount will be at Low Risk

Still got questions?
We're here to help.

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

The NAV of Axis Nifty Midcap 50 Index Fund Regular Growth, as of 25-Jul-2024, is ₹18.98.

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

The fund's allocation of assets is distributed as 99.50% in equities, 0.00% in bonds, and 0.50% in cash and cash equivalents.

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

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

Karthik Kumar
Mayank Hyanki

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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