AXIS Midcap Fund

Equity | Mid Cap Mutual Funds
 | 5
Monthly Amount Invested
  • Would Have Become
  • Invested Value
  • Total Gain
  • Returns
    -- per annum
₹500 ₹500 0.57 % 5★ ₹18,920 10 Years
Min SIP Min Lumpsum Expense Ratio Rating Fund Size (in Cr) Fund Age
₹500 ₹500 0.57 %
Min SIP Min Lumpsum Expense Ratio
5★ ₹18,920 Cr 10 Years
Rating Fund Size Fund Age

Scheme 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.

How to Invest in Axis Mid Cap Fund?

It is crucial to finish all the KYC requirements, which may be done online and take only a few minutes. Once completed, it’s simple to make a lump-sum or SIP investment in Axis Mid Cap Fund. This would depend on the risk tolerance and investment purpose.

If you are looking for higher returns and have risk tolerance, this is the right fund for you.

What is the Expense Ratio of Axis Mid Cap Fund?

The expense ratio is the cost of investing in any mutual fund. This is shown as a percentage of the daily net assets of the fund. According to the present rules, the TER is permitted for the first 500 crores at 2.25 per cent, the following 250 crores at 2 per cent, the next 1250 crores at 1.75 per cent, the next 3000 crores at 1.60 per cent, and the next 5000 crores at 1.5 per cent.

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.

Scheme Performance

Returns and Ranks ( as on 22 March 2023 )
1 Year1Y 3 Years3Y 5 Years5Y MaxMax
Trailing Returns -2.5% 25.2% 15.8% 17.6%
Category Average 1.7% 32.4% 13.3% -

Scheme Allocation

Indian Hotels Co
Supreme Inds.
Persistent Sys
Industrial Products
Auto Components
Reverse Repos
Net Curr Ass/Net Receivables

Fund House Details

Axis Mutual Fund

AXIS Midcap Fund

Fund Manager
Shreyash Devalkar

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.

Advance Ratio

-0.01 0.88 0.74 -0
Alpha SD Beta Sharpe


Other Funds from the same Fund House

Peer Comparison

AMC Contact Details

Axis Mutual Fund
2,48,929 Cr
Axis House, 1st Floor,C-2, Wadia international centre,Pandurang Budhkar Marg, Worli, Mumbai - 400025
Email ID:

Frequently Asked Questions

You can invest in AXIS Midcap Fund 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 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"
The AXIS Midcap Fund has delivered 17.6% since inception
The NAV of AXIS Midcap Fund is ₹72.2 as of 22 March 2023.
The expense ratio of AXIS Midcap Fund is 0.57 % as of 22 March 2023.
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”.
Invest Now