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Fund Overview

Fund Size

Fund Size

₹313 Cr

Expense Ratio

Expense Ratio

0.98%

ISIN

ISIN

INF846K012I3

Minimum SIP

Minimum SIP

₹100

Exit Load

Exit Load

No Charges

Inception Date

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, 2 months and 15 days, having been launched on 28-Mar-22.
As of 11-Jun-24, it has a Net Asset Value (NAV) of ₹17.90, Assets Under Management (AUM) of 313.07 Crores, and an expense ratio of 0.98%.
  • Axis Nifty Midcap 50 Index Fund Regular Growth has given a CAGR return of 30.19% since inception.
  • The fund's asset allocation comprises around 99.43% in equities, 0.00% in debts, and 0.57% 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

+55.18%

(Cat Avg.)

Since Inception

+30.19%

(Cat Avg.)

Portfolio Summaryas of 31st May 2024

Equity311.3 Cr99.43%
Others1.77 Cr0.57%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
Max Healthcare Institute Ltd Ordinary SharesEquity12.33 Cr3.94%
Suzlon Energy LtdEquity11.22 Cr3.58%
Indian Hotels Co LtdEquity10.74 Cr3.43%
Cummins India LtdEquity10.71 Cr3.42%
Yes Bank LtdEquity8.96 Cr2.86%
Bharat Forge LtdEquity8.84 Cr2.82%
HDFC Asset Management Co LtdEquity8.65 Cr2.76%
Bharat Heavy Electricals LtdEquity8.55 Cr2.73%
Lupin LtdEquity8.48 Cr2.71%
Tube Investments of India Ltd Ordinary SharesEquity8.44 Cr2.70%
AU Small Finance Bank LtdEquity8.08 Cr2.58%
The Federal Bank LtdEquity8.06 Cr2.57%
Dixon Technologies (India) LtdEquity7.86 Cr2.51%
Persistent Systems LtdEquity7.81 Cr2.50%
Hindustan Petroleum Corp LtdEquity7.61 Cr2.43%
Aurobindo Pharma LtdEquity7.4 Cr2.36%
Ashok Leyland LtdEquity7.15 Cr2.28%
Godrej Properties LtdEquity7.03 Cr2.25%
Polycab India LtdEquity6.97 Cr2.23%
Coforge LtdEquity6.75 Cr2.16%
IDFC First Bank LtdEquity6.71 Cr2.14%
Vodafone Idea LtdEquity6.68 Cr2.13%
NMDC LtdEquity6.6 Cr2.11%
Container Corporation of India LtdEquity6.54 Cr2.09%
PI Industries LtdEquity6.32 Cr2.02%
Astral LtdEquity5.75 Cr1.84%
UPL LtdEquity5.68 Cr1.81%
MRF LtdEquity5.66 Cr1.81%
Balkrishna Industries LtdEquity5.37 Cr1.71%
Alkem Laboratories LtdEquity5.36 Cr1.71%
Steel Authority Of India LtdEquity5.09 Cr1.62%
Indus Towers Ltd Ordinary SharesEquity5 Cr1.60%
Max Financial Services LtdEquity4.99 Cr1.60%
Petronet LNG LtdEquity4.95 Cr1.58%
Page Industries LtdEquity4.89 Cr1.56%
Oberoi Realty LtdEquity4.7 Cr1.50%
GMR Airports Infrastructure LtdEquity4.65 Cr1.48%
Tata Communications LtdEquity4.61 Cr1.47%
Mphasis LtdEquity4.22 Cr1.35%
Jubilant Foodworks LtdEquity4.2 Cr1.34%
Oracle Financial Services Software LtdEquity3.87 Cr1.24%
ACC LtdEquity3.82 Cr1.22%
Mahindra & Mahindra Financial Services LtdEquity3.52 Cr1.13%
Aditya Birla Capital LtdEquity3.49 Cr1.11%
Bandhan Bank LtdEquity3.43 Cr1.10%
Dalmia Bharat LtdEquity3.11 Cr0.99%
Clearing Corporation Of India LtdCash - Repurchase Agreement2.83 Cr0.90%
Escorts Kubota LtdEquity2.81 Cr0.90%
L&T Finance LtdEquity2.79 Cr0.89%
L&T Technology Services LtdEquity2.74 Cr0.88%
Gujarat Gas LtdEquity2.1 Cr0.67%
Net Receivables / (Payables)Cash-1.06 Cr0.34%

Allocation By Market Cap (Equity)

Large Cap Stocks

2.23%

Mid Cap Stocks

97.21%

Small Cap Stocks

--

Other Allocation

Equity Sector

Debt & Others

SectorAmount sortHoldings sort
Industrials72.79 Cr23.25%
Financial Services58.68 Cr18.75%
Consumer Cyclical39.69 Cr12.68%
Healthcare33.57 Cr10.72%
Technology33.25 Cr10.62%
Basic Materials30.61 Cr9.78%
Communication Services16.29 Cr5.20%
Energy12.56 Cr4.01%
Real Estate11.73 Cr3.75%
Utilities2.1 Cr0.67%

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 May 2024

ISININF846K012I3Expense Ratio0.98%Exit LoadNo ChargesFund Size₹313 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%₹436.55 Cr57.0%
ICICI Prudential Nifty Midcap 150 Index Fund Regular Growth

Very High Risk

0.9%0.0%₹436.55 Cr56.0%
ICICI Prudential Nifty 200 Momentum 30 Index Fund Regular Growth

Very High Risk

1.0%0.0%₹192.58 Cr67.7%
SBI Nifty Midcap 150 Index Fund Regular Growth

Very High Risk

1.0%0.0%₹400.29 Cr56.4%
DSP Nifty 50 Equal Weight Index Fund Regular Growth

Very High Risk

1.0%0.0%₹1408.53 Cr36.6%
SBI Nifty Smallcap 250 Index Fund Direct Growth

Very High Risk

0.4%0.0%₹711.53 Cr61.5%
SBI Nifty Midcap 150 Index Fund Direct Growth

Very High Risk

0.4%0.0%₹400.29 Cr57.3%
ICICI Prudential Nifty 200 Momentum 30 Index Fund Direct Growth

Very High Risk

0.3%0.0%₹192.58 Cr68.8%
DSP Nifty 50 Equal Weight Index Fund Direct Growth

Very High Risk

0.4%0.0%₹1408.53 Cr37.3%
SBI Nifty Smallcap 250 Index Fund Regular Growth

Very High Risk

1.0%0.0%₹711.53 Cr60.5%

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%₹96.79 Cr-
Axis India Manufacturing Fund Direct Growth

Very High Risk

0.4%1.0%₹4683.25 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%₹77.96 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 Cr72.5%
Axis Flexi Cap Fund Direct Growth

Very High Risk

0.7%1.0%₹12011.72 Cr34.6%
Axis Money Market Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹8369.16 Cr7.7%
Axis Equity Hybrid Fund Direct Growth

Very High Risk

1.0%1.0%₹1575.04 Cr22.4%
Axis Special Situations Fund Direct Growth

Very High Risk

1.2%1.0%₹1208.96 Cr35.3%
Axis Corporate Debt Fund Direct Growth

Moderate Risk

0.3%0.0%₹5282.11 Cr7.4%
Axis ESG Equity Fund Direct Growth

Very High Risk

1.2%1.0%₹1338.05 Cr30.1%
Axis Arbitrage Fund Direct Growth

Low Risk

0.3%0.0%₹4938.62 Cr8.4%
Axis Greater China Equity Fund of Fund Direct Growth

Very High Risk

0.6%1.0%₹173.58 Cr1.5%
Axis Value Fund Direct Growth

Very High Risk

1.1%1.0%₹562.25 Cr51.1%
Axis All Seasons Debt Fund of Funds Direct Growth

Moderately High risk

0.2%1.0%₹175.96 Cr7.4%
Axis Gilt Fund Direct Growth

Moderate Risk

0.4%0.0%₹353.85 Cr8.5%
Axis Bluechip Fund Direct Growth

Very High Risk

0.6%1.0%₹32707.97 Cr29.4%
Axis Dynamic Bond Fund Direct Growth

Moderate Risk

0.3%0.0%₹1702.66 Cr6.5%
Axis Gold Fund Direct Growth

High Risk

0.2%1.0%₹495.31 Cr18.5%
Axis Focused 25 Fund Direct Growth

Very High Risk

0.8%1.0%₹13341.11 Cr26.9%
Axis Regular Saver Fund Direct Growth

Very High Risk

0.8%1.0%₹330.09 Cr10.7%
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 Cr29.8%
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 Cr21.7%
Axis Midcap Fund Direct Growth

Very High Risk

0.5%1.0%₹27747.62 Cr46.2%
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 Cr19.0%
Axis Balanced Advantage Fund Direct Growth

Moderately High risk

0.9%1.0%₹2183.67 Cr28.4%
Axis Nifty Midcap 50 Index Fund Direct Growth

Low Risk

0.2%0.0%₹313.07 Cr56.3%
Axis Nifty IT Index Fund Direct Growth

Very High Risk

0.3%0.0%₹105.45 Cr-
Axis CRISIL IBX 50:50 Gilt Plus SDL September 2027 Index Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹34.01 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 Cr7.7%
Axis Multicap Fund Direct Growth

Very High Risk

0.7%1.0%₹5473.59 Cr52.7%
Axis CRISIL IBX 50:50 Gilt Plus SDL June 2028 Index Fund Direct Growth

Moderate Risk

0.2%0.0%₹68.60 Cr6.9%
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%₹37.60 Cr19.2%
Axis Nifty Next 50 Index Fund Direct Growth

Very High Risk

0.2%0.0%₹197.81 Cr63.3%
Axis CRISIL IBX 70:30 CPSE Plus SDL April 2025 Index Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹543.68 Cr7.1%
Axis Long Duration Fund Direct Growth

Moderate Risk

0.3%0.0%₹249.29 Cr8.8%
Axis Nifty 50 Index Fund Direct Growth

Very High Risk

0.1%0.0%₹449.68 Cr26.4%

Risk Level

Your principal amount will be at Low Risk

Low Risk
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The NAV of Axis Nifty Midcap 50 Index Fund Regular Growth, as of 11-Jun-2024, is ₹17.90.
The fund's allocation of assets is distributed as 99.43% in equities, 0.00% in bonds, and 0.57% in cash and cash equivalents.
The fund managers responsible for Axis Nifty Midcap 50 Index Fund Regular Growth are:-
  1. Karthik Kumar
  2. Mayank Hyanki