AXIS Midcap Fund – Direct Growth

Equity · Mid Cap
 · ★★★
₹ 100
Min SIP
₹ 100
Min Lumpsum
0.56 %
Expense Ratio
★★★
Rating
25,536
Fund Size (in Cr)
11 Years
Fund Age
Mutual Fund SIP Calculator
Monthly Investment
Max: ₹1,00,000
Investment Period
Yrs
Max: 5 yrs
  • Invested Amount
    --
  • Wealth Gained
    --
  • Expected Amount
    --

Scheme Performance

Returns and Ranks ( as on 23 April 2024 )
1Y1Y 3Y3Y 5Y5Y MaxMax
Trailing Returns 42.1% 21.2% 22.3% 19.8%
Category Average 24.4% 16.9% 15.2% -

Scheme Allocation

By Holding
By Sector
By Asset
4.57%
Others
81.81%
View all Holdings
Holdings Sector Instrument Asset
Trent Retail Equity 4.57%
Indian Hotels Co Hotels & Restaurants Equity 3.95%
Supreme Inds. Plastic products Equity 3.3%
Cummins India Capital Goods-Non Electrical Equipment Equity 3.3%
Cholaman.Inv.&Fn Finance Equity 3.07%
Persistent Sys IT - Software Equity 3.01%
Sona BLW Precis. Auto Ancillaries Equity 2.79%
ICICI Bank Banks Equity 2.75%
Phoenix Mills Realty Equity 2.51%
CG Power & Indu. Capital Goods - Electrical Equipment Equity 2.4%
TVS Motor Co. Automobile Equity 2.33%
Uno Minda Auto Ancillaries Equity 2.3%
Astral Plastic products Equity 2.27%
P I Industries Agro Chemicals Equity 2.26%
Fortis Health. Healthcare Equity 2.19%
A B B Capital Goods - Electrical Equipment Equity 2.14%
Schaeffler India Bearings Equity 1.93%
Sundaram Finance Finance Equity 1.8%
J K Cements Cement Equity 1.77%
Abbott India Pharmaceuticals Equity 1.74%
Coforge IT - Software Equity 1.69%
Coromandel Inter Fertilizers Equity 1.67%
Tata Comm Telecomm-Service Equity 1.63%
Bajaj Finance Finance Equity 1.63%
Alkem Lab Pharmaceuticals Equity 1.57%
Avenue Super. Retail Equity 1.46%
PB Fintech. IT - Software Equity 1.32%
Federal Bank Banks Equity 1.26%
Tata Power Co. Power Generation & Distribution Equity 1.22%
Solar Industries Aerospace & Defence Equity 1.21%
Max Healthcare Healthcare Equity 1.19%
Linde India Chemicals Equity 1.16%
Grindwell Norton Capital Goods-Non Electrical Equipment Equity 1.13%
Bharat Electron Aerospace & Defence Equity 1.13%
Lupin Pharmaceuticals Equity 1.12%
Apar Inds. Capital Goods - Electrical Equipment Equity 1.12%
Voltas Consumer Durables Equity 1.02%
Balkrishna Inds Tyres Equity 0.95%
3M India Diversified Equity 0.94%
H P C L Refineries Equity 0.91%
Indian Bank Banks Equity 0.87%
Motherson Wiring Auto Ancillaries Equity 0.84%
ZF Commercial Auto Ancillaries Equity 0.75%
Dixon Technolog. Consumer Durables Equity 0.74%
Endurance Tech. Auto Ancillaries Equity 0.71%
Bata India Leather Equity 0.67%
K P R Mill Ltd Readymade Garments/ Apparells Equity 0.67%
SKF India Bearings Equity 0.66%
Jindal Steel Steel Equity 0.64%
Oberoi Realty Realty Equity 0.63%
Torrent Power Power Generation & Distribution Equity 0.6%
M & M Fin. Serv. Finance Equity 0.58%
Zomato Ltd E-Commerce/App based Aggregator Equity 0.57%
Carborundum Uni. Capital Goods-Non Electrical Equipment Equity 0.54%
Ipca Labs. Pharmaceuticals Equity 0.53%
Jubilant Food. Quick Service Restaurant Equity 0.52%
Mankind Pharma Pharmaceuticals Equity 0.51%
St Bk of India Banks Equity 0.49%
NHPC Ltd Power Generation & Distribution Equity 0.49%
Fine Organic Chemicals Equity 0.49%
Bharat Forge Castings, Forgings & Fastners Equity 0.47%
Mphasis IT - Software Equity 0.46%
Crompton Gr. Con Consumer Durables Equity 0.46%
Prestige Estates Realty Equity 0.41%
Bharat Dynamics Aerospace & Defence Equity 0.4%
L&T Fin.Holdings Finance Equity 0.39%
Timken India Bearings Equity 0.36%
Honeywell Auto Electronics Equity 0.34%
Page Industries Readymade Garments/ Apparells Equity 0.33%
CreditAcc. Gram. Finance Equity 0.29%
Vedant Fashions Retail Equity 0.25%
BSE Financial Services Equity 0.23%
Samvardh. Mothe. Auto Ancillaries Equity 0.22%
J B Chem & Pharm Pharmaceuticals Equity 0.21%
Aditya Bir. Fas. Retail Equity 0.19%
Torrent Pharma. Pharmaceuticals Equity 0.18%
Sumitomo Chemi. Agro Chemicals Equity 0.17%
KEI Industries Cables Equity 0.16%
Ajanta Pharma Pharmaceuticals Equity 0.1%
Jindal Stain. Steel Equity 0.1%
Sundram Fasten. Auto Ancillaries Equity 0.08%
Tata Chemicals Chemicals Equity 0.08%
Godrej Propert. Realty Equity 0.06%
Varun Beverages FMCG Equity 0.05%
Hitachi Energy Capital Goods - Electrical Equipment Equity 0.05%
Industrial Products
12.32%
Auto Components
10.47%
Finance
7.77%
Retailing
7.07%
Pharmaceuticals & Biotech
5.96%
Others
56.41%
View all Sectors
Sectors Asset
Industrial Products 12.32%
Auto Components 10.47%
Finance 7.77%
Retailing 7.07%
Pharmaceuticals & Biotech 5.96%
IT-Software 5.94%
Banks 5.23%
Leisure Services 4.8%
Electrical Equipments 4.69%
Fertilisers & Agrochemica 4.23%
Healthcare Services 3.31%
Debt 3.24%
Realty 3.22%
Consumer Durables 3.09%
Chemicals & Petrochemical 2.73%
Automobiles 2.3%
Cement & Cement Products 2.16%
Power 2.03%
Cash & Others 1.81%
Telecom-Services 1.57%
Aerospace & Defense 1.33%
Petroleum Products 0.99%
Diversified 0.98%
Textiles & Apparels 0.96%
Financial Technology (Fin 0.87%
Ferrous Metals 0.45%
Industrial Manufacturing 0.35%
Beverages 0.12%
Equity
96.25%
Reverse Repos
3.14%
Net Curr Ass/Net Receivables
0.62%

Advance Ratio

6.83
Alpha
3.75
SD
0.8
Beta
0.96
Sharpe

Exit Load

Exit Load If redeemed/swich out within 12 months from the date of allotment, - For 10% of investments : Nil - For remaining investments : 1% NIL - If redeemed/switch out after 12 months from the date of allotment.

Fund Objective

Axis Mid Cap Fund is considered one of the best mid-cap funds in India. It has delivered significant returns consistently since its inception in 2005. Axis Mid Cap Fund has been around for over two decades and has been part of HDFC Mutual Fund’s bouquet for over two decades.

It has given an annualised return of 24.27%, which is one of the highest returns in the category. This is an open-ended fund managed by Mr Sumeet Jain, an excellent fund manager. He has two decades plus of experience in the field of equity research and portfolio management. He has rich experience working with various well-reputed mutual funds and is seen as very promising.

Axis Mid Cap Fund is one of India’s top mid-cap mutual funds. However, it is among the lesser-known schemes in the fund family.

Pros & Cons

Pros Cons
Axis Mid Cap Fund scheme has an affordable expense ratio Axis Mid Cap Fund is not suitable for short-term investment
The investment in Axis Mid Cap Fund is diversified to minimise risk. There’s always a liquidity risk in Axis Mid Cap Fund due to investment in mid-cap stocks.
Since it is a mid-cap fund, the returns are higher.

Who Should Invest in Axis Mid Cap Fund?

The Axis Mid Cap Fund is an ideal investment opportunity for those looking to gain exposure to mid-sized companies with the potential for high growth. This fund invests in a well-rounded portfolio of companies with a market capitalisation of $2 billion to $10 billion.

By investing in a variety of companies, this fund provides stability and security for investors. The fund has a strong track record of outperforming its benchmark, the Nifty Midcap 100 Index, and has generated returns of over 20% per year since its inception in 2010.

This fund is best for investors who don’t mind a little risk and are willing to wait a while for their investment to pay off. It is important to note that the fund does not have extensive exposure to blue-chip companies; therefore, the returns are not guaranteed. However, the potential rewards are significant for those willing to take on the risk.

What are the Benefits of Investing in Axis Mid Cap Fund?

There are many benefits of investing in Axis Mid Cap Fund. Some of these benefits include the potential for capital appreciation, the opportunity to diversify your portfolio, and the potential for income generation.

Axis Mid Cap Fund is a diversified equity mutual fund that invests in a portfolio of mid-sized companies. The fund aims to achieve long-term capital appreciation by investing in a diversified basket of mid-cap stocks. The fund has a track record of delivering solid returns and is managed by a team of experienced fund managers.

The fund offers investors the potential for capital appreciation and the opportunity to diversify their portfolios. This fund is ideal for investors who are willing to take on more risk for the potential of greater rewards and who have a long-term investment horizon.

This means that you can earn higher returns than if you invested in an index fund. Finally, the fund has a low expense ratio, so you will not have to pay any fees.

Fund Managers

Shreyash Devalkar - Funds and Content Listing - Senior Fund Manager

With 18 years of work experience, Mr Shreyas Devalkar handles Funds and Content Listing at Axis Mutual Fund. His current designation is Senior Fund Manager of Equity, Axis Asset Management Ltd. He joined Axis AMC in November 2016. Before joining Axis AMC, he worked with BNP Paribas Asset Management (India) Pvt. Ltd. as Fund Manager – Equity, IDFC AMC as VP Research – Equity Analyst, IDFC Securities as VP Research – Equity Analyst, and JP Morgan as Credit Analyst.

Mr Shreyas Devalkar’s educational qualifications include MBA (Management) from Jamnalal Bajaj Institute of Management Studies, Bachelor in Chemical Engineering from University Department of Chemical Technology, Mumbai, and HSC from D G Ruparel College. His areas of interest include equity research, financial modelling, portfolio management, etc.

Mr Shreyas Devalkar manages four (4) schemes at Axis Mutual Fund, including Axis Bluechip Fund and Axis Flexi Cap Fund.

Risk-O-Meter

Peer Comparison

Fund Name

AMC Contact Details

Axis Mutual Fund
AUM:
2,75,166 Cr
Address:
One Lodha Place. 22nd & 23rd Floor, Senapati Bapat Marg, Lower Par el, Maharashtra, Mumbai - 400013.
Contact:
022-43255161
Email ID:
customerserivce@axismf.com

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Frequently Asked Questions

How to invest in AXIS Midcap Fund – Direct Growth ?

You can invest in AXIS Midcap Fund – Direct Growth in a quick and simple process. Follow the below steps;
  • Login to your 5paisa account, Go to the Mutual Funds section.
  • Search for AXIS Midcap Fund – Direct Growth in the search box.
  • Click on "Start SIP" if you wish to do a SIP or click on “One-time” if you wish to invest a lumpsum amount then click on "Invest Now"

What is the NAV of AXIS Midcap Fund – Direct Growth ?

The NAV of AXIS Midcap Fund – Direct Growth is ₹106.6 as of 23 April 2024.

How to redeem AXIS Midcap Fund – Direct Growth holding ?

You can go to your holding on the app and click on the fund name you will get two options Invest More and Redeem; click on redeem and enter the amount or units you desire to redeem or you can tick on “Redeem all units”.

What is the minimum sip amount of AXIS Midcap Fund – Direct Growth?

The minimum SIP amount of AXIS Midcap Fund – Direct Growth is ₹100

What are the top sectors AXIS Midcap Fund – Direct Growth has invested in?

The top sectors AXIS Midcap Fund – Direct Growth has invested in are
  1. Industrial Products - 12.32%
  2. Auto Components - 10.47%
  3. Finance - 7.77%
  4. Retailing - 7.07%
  5. Pharmaceuticals & Biotech - 5.96%

Can I make investments in both the SIP and Lump Sum schemes of AXIS Midcap Fund – Direct Growth?

Yes, You can select both SIP or Lumpsum investment of AXIS Midcap Fund – Direct Growth based on your investment objective and risk tolerance.

How much returns have AXIS Midcap Fund – Direct Growth generated ?

The AXIS Midcap Fund – Direct Growth has delivered 19.8% since inception

What is the expense ratio of AXIS Midcap Fund – Direct Growth ?

The expense ratio of AXIS Midcap Fund – Direct Growth is 0.56 % as of 23 April 2024.

What is the AUM of AXIS Midcap Fund – Direct Growth?

The AUM of AXIS Midcap Fund – Direct Growth is ₹2,75,166 Cr as of 23 April 2024

What are the top stock holdings of AXIS Midcap Fund – Direct Growth?

The top stock holdings of AXIS Midcap Fund – Direct Growth are
  1. Trent - 4.57%
  2. Indian Hotels Co - 3.95%
  3. Supreme Inds. - 3.3%
  4. Cummins India - 3.3%
  5. Cholaman.Inv.&Fn - 3.07%

How can I redeem my investments in AXIS Midcap Fund – Direct Growth?

Step 1: Visit the fund house's website
Step 2: Log in to your account by adding Folio No. and M-Pin
Step 3: Click on Widhrawal > Redemption
Step 4: Select AXIS Midcap Fund – Direct Growth in Scheme, enter the redemption amount, and click on submit button.

Is there any lock in period for AXIS Midcap Fund - Direct Growth?

No, there is no lock-in period for AXIS Midcap Fund – Direct Growth.

Invest Now