AXIS Nifty Midcap 50 Index Fund

Other · Index
100
Min SIP
500
Min Lumpsum
0.23 %
Expense Ratio
Rating
42
Fund Size (in Cr)
1 Year
Fund Age
Mutual Fund SIP Calculator
Monthly Investment
Max: ₹1,00,000
Investment Period
Yrs
Max: 1 yrs
  • Invested Amount
    --
  • Wealth Gained
    --
  • Expected Amount
    --

Scheme Performance

Returns and Ranks ( as on 01 June 2023 )
1Y1Y 3Y3Y 5Y5Y MaxMax
Trailing Returns 22.8% - - 13.2%
Category Average 23.8% 36.9% 15% -

Scheme Allocation

By Holding
By Sector
By Asset
Shriram Finance
4.39%
AU Small Finance
3.78%
Trent
3.58%
Indian Hotels Co
3.55%
Federal Bank
3.39%
Others
81.31%
Banks
13.31%
Finance
11.71%
Pharmaceuticals & Biotech
10.33%
Industrial Products
8.72%
IT-Software
7.39%
Others
48.54%
Equity
99.56%
Reverse Repos
1.54%
Net Curr Ass/Net Receivables
-1.09%

Advance Ratio

-
Alpha
-
SD
-
Beta
-
Sharpe

Exit Load

Exit Load 0.25% - If redeemed / switched out within 7 days from the date of allotment. Nil - If redeemed / switched out above 7 days from the date of allotment.

Fund Objective

To provide returns before expenses that closely corresponds to the total returns of the NIFTY MIDCAP 50 subject to tracking errors. However, there can be no assurance that the investment objective of the Scheme will be achieved.

Fund Managers

Jinesh Gopani - Asset Under Management - Head of Equities, Axis Asset Management Ltd

With 20 years of work experience in fund management and content listing, Mr Jinesh Gopani is a prime part of Axis Mutual Fund. His current designation is Head of Equities, Axis Asset Management Ltd. He heads US$ 18 billion equity AUM (Asset Under Management) at Axis AMC. The AUM size of Axis Mutual Fund has increased at a CAGR (Compounded Annual Growth Rate) of 35% in the last three (3) years and 45% since its inception in 2009. His educational qualifications include a Master of Business Administration (MBA), MMS (Finance and Financial Management Services), and B.Com (Finance) from the University of Mumbai.

Mr Gopani joined Axis AMC in September 2009 as a Senior Fund Manager. He was promoted to his current role in September 2016. Before joining Axis AMC, he worked with Birla Sunlife as a Portfolio Manager and Voyager India Capital as Senior Research Analyst.

Under Mr Jinesh Gopani’s stewardship, Axis AMC has earned the coveted title of the No. 1 AMC in India. Incidentally, it was the 41st AMC in 2009. Mr Gopani manages fourteen (14) Axis Mutual Fund schemes, including Axis Long Term Equity Fund, Axis Focused 25 Fund, Axis Nifty Midcap 50 Index Fund, Axis NIFTY IT ETF, Axis Retirement Savings Fund, etc.

Risk-O-Meter

Peer Comparison

Fund Name

AMC Contact Details

Axis Mutual Fund
AUM:
2,42,183 Cr
Address:
Axis House, 1st Floor,C-2, Wadia international centre,Pandurang Budhkar Marg, Worli, Mumbai - 400025
Contact:
022-43255161
Email ID:
customerserivce@axismf.com

Frequently Asked Questions

How to invest in AXIS Nifty Midcap 50 Index Fund ?

You can invest in AXIS Nifty Midcap 50 Index 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 Nifty Midcap 50 Index 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"

What is the NAV of AXIS Nifty Midcap 50 Index Fund ?

The NAV of AXIS Nifty Midcap 50 Index Fund is ₹11.5 as of 01 June 2023.

How to redeem AXIS Nifty Midcap 50 Index Fund 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 Nifty Midcap 50 Index Fund?

The minimum SIP amount of AXIS Nifty Midcap 50 Index Fund is ₹100

What are the top sectors AXIS Nifty Midcap 50 Index Fund has invested in??

The top sectors AXIS Nifty Midcap 50 Index Fund has invested in are
  1. Shriram Finance - 4.39%
  2. AU Small Finance - 3.78%
  3. Trent - 3.58%
  4. Indian Hotels Co - 3.55%
  5. Federal Bank - 3.39%

How much returns have AXIS Nifty Midcap 50 Index Fund generated ?

The AXIS Nifty Midcap 50 Index Fund has delivered 13.2% since inception

What is the expense ratio of AXIS Nifty Midcap 50 Index Fund ?

The expense ratio of AXIS Nifty Midcap 50 Index Fund is 0.23 % as of 01 June 2023.

What is the AUM of AXIS Nifty Midcap 50 Index Fund?

The AUM of AXIS Nifty Midcap 50 Index Fund is ₹2,42,183 Cr as of 01 June 2023

What are the top stock holdings of AXIS Nifty Midcap 50 Index Fund?

The top stock holdings of AXIS Nifty Midcap 50 Index Fund are
  1. Shriram Finance - 4.39%
  2. AU Small Finance - 3.78%
  3. Trent - 3.58%
  4. Indian Hotels Co - 3.55%
  5. Federal Bank - 3.39%
Invest Now