Axis Midcap Fund Regular-Growth
(Scheme Rating)
NAV as of Dec 27, 2024
111.550.01%
- Growth - Regular
(Earn upto 1.03% Extra Returns with Direct Plan)
Fund Category:
Equity: Mid Cap
Expense Ratio:
1.57%(1.31% Category
average)Fund Size:
Rs. 30,329.58 Cr(7.52% of Investment in Category)
- ADD TO PORTFOLIO
Axis Midcap Fund Regular-Growth
(Scheme Rating)
NAV as of Dec 27, 2024
111.550.01%
Expense Ratio:
1.57%
Fund Size:
Rs. 30,329.58 Cr
Fund Category:
Equity: Mid Cap
1. Current NAV: The Current Net Asset Value of the Axis Midcap Fund as of Dec 27, 2024 is Rs 111.55 for Growth option of its Regular plan.
2. Returns: Its trailing returns over different time periods are: 30.5% (1yr), 17.79% (3yr), 22.9% (5yr) and 19.0% (since launch). Whereas, Category returns for the same time duration are: 28.813457282943478% (1yr), 22.639329810154297% (3yr) and 26.559064784668887% (5yr).
3. Fund Size: The Axis Midcap Fund currently holds Assets under Management worth of Rs 30329.585 crore as on Sep 30, 2024.
4. Expense ratio: The expense ratio of the fund is 1.57% for Regular plan as on Nov 30, 2024.
5. Exit Load: Axis Midcap Fund shall attract an Exit Load, "Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 12 months."
6. Minimum Investment: Minimum investment required is Rs 100 and minimum additional investment is Rs 100. Minimum SIP investment is Rs 100.
Axis Midcap Fund Regular-Growth Returns
Trailing Returns
Rolling Returns
Discrete Period
SIP Returns
1M 3M 6M 1Y 3Y 5Y Annualized Returns 1.34 -5.14 2.98 30.50 17.79 22.90 Category Avg 1.70 -4.93 3.34 28.81 22.64 26.56 Rank within Category 16 18 18 15 31 24 No. of funds within Category 51 49 47 46 32 26 - Loading...
- Loading...
Return Comparison
- This Fund
- BenchmarkBSE 150 MidCap Total Return Index
Choose from Benchmarks
- S&P BSE Sensex
- Nifty 50
- 1M
- 3M
- 6M
- 1Y
- 5Y
Axis Midcap Fund Regular-Growth Fund Details
Investment Objective - The scheme seeks to achieve long term capital appreciation by investing predominantly in equity & equity related instruments of Mid Cap companies.
| Fund House | Axis Mutual Fund |
| Launch Date | Feb 18, 2011 |
| Benchmark | BSE 150 MidCap Total Return Index |
| Return Since Launch | 19.0% |
| Riskometer | Very High |
| Type | Open-ended |
| Risk Grade | Average |
| Return Grade | Low |
Axis Midcap Fund Regular-Growth Investment Details
| Minimum Investment (Rs.) | 100.00 |
| Minimum Additional Investment (Rs.) | 100.00 |
| Minimum SIP Investment (Rs.) | 100.00 |
| Minimum Withdrawal (Rs.) | 1,000.00 |
| Exit Load Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 12 months. | |
Portfolio Allocation
Asset Allocation
Asset Allocation History
Sector Allocation
Market Cap Allocation
Concentration & Valuation Analysis
| NOV 2024 | OCT 2024 | SEP 2024 | AUG 2024 | JUL 2024 | JUN 2024 | |
|---|---|---|---|---|---|---|
| Number of Holdings | 98 | 98 | 101 | 100 | 101 | 96 |
| Top 5 Company Holdings | 14.61% | 14.16% | 14.66% | 14.36% | 13.96% | 16.52% |
| Top 10 Company Holdings | 25.0% | 24.87% | 26.41% | 25.92% | 25.65% | 28.91% |
| Company with Highest Exposure | Trent (3.43%) | Trent (3.64%) | Trent (3.62%) | Trent (3.5%) | Cholamandalam Investment and Finance Company (3.04%) | Supreme Industries (3.54%) |
| Number of Sectors | 17 | 17 | 17 | 17 | 17 | 17 |
| Top 3 Sector Holdings | 34.01% | 34.57% | 35.5% | 35.42% | 37.59% | 40.82% |
| Top 5 Sector Holdings | 54.34% | 55.64% | 57.44% | 57.21% | 57.3% | 60.85% |
| Sector with Highest Exposure | Services (11.41%) | Capital Goods (11.71%) | Financial (11.99%) | Capital Goods (12.28%) | Capital Goods (13.56%) | Capital Goods (15.99%) |
Top Stock Holdings
Sector Holdings in MF
Company Sector Assest(%) P/E EPS-TTM(₹) RETURN 1 YR(%) Trent Services 3.62 139.81 50.91 135.24 Cholamandalam Investment and Finance Company Financial 3.07 26.05 45.84 -3.39 Supreme Industries Materials 2.69 55.63 85.88 6.24 The Indian Hotels Company Services 2.66 73.24 11.75 98.55 Persistent Systems Technology 2.62 80.82 79.11 70.06 Fortis Healthcare Healthcare 2.56 78.52 8.69 68.30 Sona BLW Precision Forgings Automobile 2.38 - - - UNO Minda Automobile 2.34 63.90 16.14 54.68 Cummins India Capital Goods 2.3 46.92 70.28 69.92 PI Industries Chemicals 2.17 32.00 117.00 7.45
Peer Comparison
Cumulative Returns
SIP returns
Discrete Returns
Quant Measures
Asset Allocation
Scheme Name NAV(Rs./Unit) Scheme Rating AUM(Rs. Cr) 1M 1Y 3Y 5Y Axis Midcap Fund Regular-Growth 111.55 30,329.58 1.34 30.50 17.79 22.90 Motilal Oswal Midcap Fund Regular-Growth 111.24 22,897.62 3.88 55.00 35.26 32.96 Quant Mid Cap Fund-Growth 218.93 8,941.21 -1.12 19.72 23.53 31.70 Kotak Emerging Equity Fund Regular-Growth 133.96 52,048.91 1.50 34.37 23.60 27.19 HDFC Mid-Cap Opportunities Fund-Growth 189.27 76,060.89 1.39 29.29 28.49 28.72
Risk Ratios
Ratios are calculated using the calendar month returns for the last 3 years
Standard Deviation
Standard Deviation
Standard deviation is the deviation of the fund's return around mean.
Low Volatality
13.94VS14.80Fund Vs Category Avg
Beta
Beta
Beta shows the portfolio risk in relation to the market. A beta of less than 1 means that the fund returns are less volatile compared to the broader market. A beta of more than 1 means that the fund returns are more volatile than the broader markets. A beta equal to 1 means that fund's volatility is in line with the broader market.
Low Volatality
0.82VS0.91Fund Vs Category Avg
Sharpe Ratio
Sharpe Ratio
Sharpe ratio is a risk adjusted performance measure. A fund with a higher Sharpe ratio is considered better than a fund with a lower Sharpe ratio.
Poor risk-adjusted returns
0.78VS1.05Fund Vs Category Avg
Treynor's Ratio
Treynor's Ratio
Treynor is a risk adjusted performance measure. A fund with a higher Treynor ratio is considered better than a fund with a lower Treynor ratio.
Poor risk-adjusted returns
13.34VS17.05Fund Vs Category Avg
Jensen's Alpha
Jensen's Alpha
Alpha shows the ability of the fund manager to outperform the market. A higher Alpha is preferred.
Poor risk-adjusted returns
-2.81VS0.18Fund Vs Category Avg
Mean Return
Mean Return
Average return generated by the fund during a specified period.
Poor average monthly returns
16.82VS21.41Fund Vs Category Avg
Risk Ratio Chart
- Risk Ratio
- Category Average
Axis Mutual Fund News
- Axis Growth Opportunities Fund has generated 22.7% returns in last 5 years: Should you invest?
- Axis Crisil-IBX AAA Bond NBFC-HFC-June 2027 Index Fund is open for subscription. Key things to know
- All eyes on RBI as liquidity may dry up amid lower FPI flows
- All eyes on RBI as liquidity may dry up amid lower FPI flows
Fund Manager
- S.D.Shreyash DevalkarSince Nov 20166 schemes
- N.A.Nitin AroraSince Aug 20233 schemes
Mr. Devalkar is a B.Tech from UDCT Mumbai and PGDM (Management) from JBIMS Mumbai University Prior to joining Axis Mutual Fund he has worked with BNP Paribas Mutual Fund as a Fund Manager, IDFC Capital, JP Morgan Services India and Calyon Bank.
Scheme Name Category Nav(Rs./Unit) Scheme Rating Asset(Rs. Cr) 1Y Axis Growth Opportunities Fund Regular-Growth Large & MidCap 32.08 14,007.12 26.50 Axis ELSS Tax Saver Fund-Growth ELSS 93.40 36,373.17 18.66 Axis Bluechip Fund-Growth Large Cap 58.67 33,547.36 15.04 Axis Consumption Fund Regular-Growth Thematic-Consumption 9.62 Unrated 4,381.16 - Axis India Manufacturing Fund Regular-Growth Thematic 13.62 Unrated 6,039.84 34.45 Axis Multicap Fund Regular-Growth Multi Cap 17.83 Unrated 6,807.34 32.86 Mr. Arora has done M.Sc in Finance and Investments Prior to joining Axis Mutual Fund, he has worked with Aviva Life Insurance Company India Ltd., Emkay Global Financial Services Ltd., Nirmal Bang Institutional Equities Ltd. and Bloomberg UTV Ltd..
Scheme Name Category Nav(Rs./Unit) Scheme Rating Asset(Rs. Cr) 1Y Axis Value Fund Regular-Growth Value Oriented 18.44 785.25 28.68 Axis India Manufacturing Fund Regular-Growth Thematic 13.62 Unrated 6,039.84 34.45 Axis Multicap Fund Regular-Growth Multi Cap 17.83 Unrated 6,807.34 32.86
More Axis Mutual Fund
| Scheme Name | Rating | Asset Size(Cr) | 1M | 3M | 6M | 1Y | 3Y |
|---|---|---|---|---|---|---|---|
| Axis ELSS Tax Saver Fund-Growth | 36,373.17 | 0.66 | -7.94 | 2.43 | 19.38 | 8.92 | |
| Axis Bluechip Fund-Growth | 33,547.36 | 0.71 | -8.20 | 1.28 | 15.92 | 8.79 | |
| Axis Liquid Fund Regular-Growth | 33,183.30 | 0.53 | 1.71 | 3.50 | 7.37 | 6.39 | |
| Axis Liquid Fund Retail-Growth | 33,183.30 | 0.49 | 1.59 | 3.25 | 6.84 | 5.86 | |
| Axis Midcap Fund Regular-Growth | 30,329.59 | 2.52 | -5.31 | 2.90 | 31.13 | 17.84 | |
| Axis Small Cap Fund Regular-Growth | 24,353.17 | 3.38 | -3.81 | 7.68 | 25.39 | 20.88 | |
| Axis Money Market Fund Regular-Growth | 17,436.29 | 0.56 | 1.78 | 3.66 | 7.69 | 6.58 | |
| Axis Growth Opportunities Fund Regular-Growth | 14,007.12 | 1.65 | -5.40 | 4.26 | 26.86 | 15.53 | |
| Axis Focused Fund Regular-Growth | 13,289.37 | 1.41 | -8.36 | 2.63 | 17.15 | 5.57 | |
| Axis Banking & PSU Debt Fund-Growth | 13,044.53 | 0.57 | 1.53 | 3.76 | 7.47 | 5.90 |
Mutual Fund Tools
Top AMCs
- SBI Mutual Fund
- ICICI Prudential Mutual Fund
- HDFC Mutual Fund
- Nippon India Mutual Fund
- Kotak Mahindra Mutual Fund
- Aditya Birla Sun Life Mutual Fund
- UTI Mutual Fund
- Axis Mutual Fund
- Mirae Asset Mutual Fund
- DSP Mutual Fund
- Tata Mutual Fund
- Edelweiss Mutual Fund
- Bandhan Mutual Fund
- HSBC Mutual Fund
- Franklin Templeton Mutual Fund
1. Axis Midcap Fund is Open-ended Mid Cap Equity scheme which belongs to Axis Mutual Fund House.
2. The fund was launched on Feb 18, 2011.
Investment objective & Benchmark
1. The investment objective of the fund is that " The scheme seeks to achieve long term capital appreciation by investing predominantly in equity & equity related instruments of Mid Cap companies. "
2. It is benchmarked against BSE 150 MidCap Total Return Index.
Asset Allocation & Portfolio Composition
1. The asset allocation of the fund comprises around 92.99135187% in equities, 6.4556795% in debts and 0.55296809% in cash & cash equivalents.
2. While the top 10 equity holdings constitute around 26.409999999999997% of the assets, the top 3 sectors constitute around 34.010000000000005% of the assets.
3. The fund largely follows a Growth oriented style of investing and invests across market capitalisations - around 0.0% in giant & large cap companies, 0.0% in mid cap and 0.0% in small cap companies.
Tax Implications on Axis Midcap Fund Regular-Growth
1. Gains are taxed at a rate of 15% (Short-term Capital Gain Tax - STCG) if units are redeemed within 1 year of investment.
2. For units redeemed after 1 year of investment, gains of upto Rs. 1 lakh accruing from those units in a financial year shall be exempted from tax.
3. Gains of more than Rs. 1 lakh will be taxed at a rate of 10% (Long-term Capital Gain Tax - LTCG).
4. For Dividend Distribution Tax, the dividend income from this fund will get added to the income of an investor and taxed according to his/her respective tax slabs.
5. Also, for dividend income in excess of Rs 5,000 in a financial year; the fund house shall deduct a TDS of 10% on such income.
This Might Catch Your Interest
FAQs about Axis Midcap Fund Regular-Growth
- Is it safe to invest in Axis Midcap Fund?As per SEBI’s latest guidelines to calculate risk grades, investment in the Axis Midcap Fund comes under Very High risk category.
- What is the category of Axis Midcap Fund?Axis Midcap Fund belongs to the Equity : Mid Cap category of funds.
- How Long should I Invest in Axis Midcap Fund?The suggested investment horizon of investing into Axis Midcap Fund is >3 years. The suggested investment horizon is the minimum time required for holding investments in the fund to reduce its downside risk and ensure that the returns become more predictable.
- Who manages the Axis Midcap Fund?The Axis Midcap Fund is managed by Shreyash Devalkar (Since Nov 23, 2016) and Nitin Arora (Since Aug 03, 2023).
Date Sources: Mutual Funds, ETFs, and NPS data are sourced from Value Research. All times stamps are reflecting IST (Indian Standard Time). By using this site, you agree to the Terms of Service and Privacy Policy.
