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Fund Overview
Fund Size
₹30,829 Cr
Expense Ratio
0.53%
ISIN
INF846K01EH3
Minimum SIP
₹100
Exit Load
1.00%
Inception Date
01 Jan 2013
About this fund
Axis Midcap Fund Direct Growth is a Mid-Cap mutual fund schemes offered by Axis Mutual Fund. This fund has been in existence for 12 years and 21 days, having been launched on 01-Jan-13.
As of 21-Jan-25, it has a Net Asset Value (NAV) of ₹119.78, Assets Under Management (AUM) of 30828.75 Crores, and an expense ratio of 0.53%.
As of 21-Jan-25, it has a Net Asset Value (NAV) of ₹119.78, Assets Under Management (AUM) of 30828.75 Crores, and an expense ratio of 0.53%.
- Axis Midcap Fund Direct Growth has given a CAGR return of 19.71% since inception.
- The fund's asset allocation comprises around 91.44% in equities, 0.00% in debts, and 8.56% in cash & cash equivalents.
- You can start investing in Axis Midcap Fund Direct 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
+21.31%
+19.45% (Cat Avg.)
3 Years
+15.43%
+19.11% (Cat Avg.)
5 Years
+22.11%
+24.10% (Cat Avg.)
10 Years
+16.44%
+15.97% (Cat Avg.)
Since Inception
+19.71%
— (Cat Avg.)
Portfolio Summaryas of 31st December 2024
| Equity | ₹28,191.16 Cr | 91.44% |
| Others | ₹2,637.6 Cr | 8.56% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Clearing Corporation Of India Ltd | Cash - Repurchase Agreement | ₹2,283.87 Cr | 7.41% |
| Trent Ltd | Equity | ₹1,090.63 Cr | 3.54% |
| Indian Hotels Co Ltd | Equity | ₹1,029.38 Cr | 3.34% |
| Persistent Systems Ltd | Equity | ₹969.34 Cr | 3.14% |
| Fortis Healthcare Ltd | Equity | ₹957.36 Cr | 3.11% |
| Coromandel International Ltd | Equity | ₹731.96 Cr | 2.37% |
| Lupin Ltd | Equity | ₹638.34 Cr | 2.07% |
| Supreme Industries Ltd | Equity | ₹635.89 Cr | 2.06% |
| Voltas Ltd | Equity | ₹602.49 Cr | 1.95% |
| Bharti Hexacom Ltd | Equity | ₹586.18 Cr | 1.90% |
| UNO Minda Ltd | Equity | ₹584.06 Cr | 1.89% |
| The Federal Bank Ltd | Equity | ₹579.27 Cr | 1.88% |
| PB Fintech Ltd | Equity | ₹572.12 Cr | 1.86% |
| Phoenix Mills Ltd | Equity | ₹561.05 Cr | 1.82% |
| CG Power & Industrial Solutions Ltd | Equity | ₹560.98 Cr | 1.82% |
| Dixon Technologies (India) Ltd | Equity | ₹553.74 Cr | 1.80% |
| PI Industries Ltd | Equity | ₹550.83 Cr | 1.79% |
| JK Cement Ltd | Equity | ₹508.44 Cr | 1.65% |
| Sona BLW Precision Forgings Ltd | Equity | ₹506.42 Cr | 1.64% |
| Alkem Laboratories Ltd | Equity | ₹502.05 Cr | 1.63% |
| Abbott India Ltd | Equity | ₹488.44 Cr | 1.58% |
| Cholamandalam Investment and Finance Co Ltd | Equity | ₹486.24 Cr | 1.58% |
| Coforge Ltd | Equity | ₹474.65 Cr | 1.54% |
| TVS Motor Co Ltd | Equity | ₹462.66 Cr | 1.50% |
| Schaeffler India Ltd | Equity | ₹448.65 Cr | 1.46% |
| Zomato Ltd | Equity | ₹443.58 Cr | 1.44% |
| GE Vernova T&D India Ltd | Equity | ₹437.93 Cr | 1.42% |
| Apar Industries Ltd | Equity | ₹421.65 Cr | 1.37% |
| Cummins India Ltd | Equity | ₹421.47 Cr | 1.37% |
| Max Healthcare Institute Ltd Ordinary Shares | Equity | ₹418.41 Cr | 1.36% |
| Oberoi Realty Ltd | Equity | ₹384.02 Cr | 1.25% |
| Premier Energies Ltd | Equity | ₹382.61 Cr | 1.24% |
| Oracle Financial Services Software Ltd | Equity | ₹367.76 Cr | 1.19% |
| Net Receivables / (Payables) | Cash | ₹353.73 Cr | 1.15% |
| Solar Industries India Ltd | Equity | ₹342.87 Cr | 1.11% |
| Torrent Power Ltd | Equity | ₹339.35 Cr | 1.10% |
| Balkrishna Industries Ltd | Equity | ₹321.55 Cr | 1.04% |
| Bajaj Finance Ltd | Equity | ₹320 Cr | 1.04% |
| ICICI Lombard General Insurance Co Ltd | Equity | ₹311.22 Cr | 1.01% |
| REC Ltd | Equity | ₹295.08 Cr | 0.96% |
| Linde India Ltd | Equity | ₹274.1 Cr | 0.89% |
| Mphasis Ltd | Equity | ₹264.22 Cr | 0.86% |
| Tech Mahindra Ltd | Equity | ₹246.77 Cr | 0.80% |
| Zydus Lifesciences Ltd | Equity | ₹240.32 Cr | 0.78% |
| Ipca Laboratories Ltd | Equity | ₹235.45 Cr | 0.76% |
| Godrej Properties Ltd | Equity | ₹227.87 Cr | 0.74% |
| ICICI Bank Ltd | Equity | ₹222.81 Cr | 0.72% |
| Sundaram Finance Ltd | Equity | ₹217.39 Cr | 0.71% |
| Indian Bank | Equity | ₹215.99 Cr | 0.70% |
| Prestige Estates Projects Ltd | Equity | ₹212.84 Cr | 0.69% |
| Multi Commodity Exchange of India Ltd | Equity | ₹209.58 Cr | 0.68% |
| Bharat Electronics Ltd | Equity | ₹204.78 Cr | 0.66% |
| K.P.R. Mill Ltd | Equity | ₹203.95 Cr | 0.66% |
| Astral Ltd | Equity | ₹202.33 Cr | 0.66% |
| Colgate-Palmolive (India) Ltd | Equity | ₹190.17 Cr | 0.62% |
| Page Industries Ltd | Equity | ₹176.65 Cr | 0.57% |
| 3M India Ltd | Equity | ₹167.03 Cr | 0.54% |
| Kalyan Jewellers India Ltd | Equity | ₹166.88 Cr | 0.54% |
| Samvardhana Motherson International Ltd | Equity | ₹161.58 Cr | 0.52% |
| Jubilant Foodworks Ltd | Equity | ₹157.56 Cr | 0.51% |
| ZF Commercial Vehicle Control Systems India Ltd | Equity | ₹152.12 Cr | 0.49% |
| Hindustan Aeronautics Ltd Ordinary Shares | Equity | ₹151.57 Cr | 0.49% |
| HDFC Asset Management Co Ltd | Equity | ₹151.16 Cr | 0.49% |
| Jyoti CNC Automation Ltd | Equity | ₹148.47 Cr | 0.48% |
| Hindustan Petroleum Corp Ltd | Equity | ₹145.77 Cr | 0.47% |
| KEI Industries Ltd | Equity | ₹144.59 Cr | 0.47% |
| KPIT Technologies Ltd | Equity | ₹138.56 Cr | 0.45% |
| Motherson Sumi Wiring India Ltd | Equity | ₹137.59 Cr | 0.45% |
| Fine Organic Industries Ltd Ordinary Shares | Equity | ₹137.24 Cr | 0.45% |
| Bharat Forge Ltd | Equity | ₹136.98 Cr | 0.44% |
| J.B. Chemicals & Pharmaceuticals Ltd | Equity | ₹134.2 Cr | 0.44% |
| Grindwell Norton Ltd | Equity | ₹131.17 Cr | 0.43% |
| HDFC Life Insurance Co Ltd | Equity | ₹129.73 Cr | 0.42% |
| Honeywell Automation India Ltd | Equity | ₹125.49 Cr | 0.41% |
| Tata Power Co Ltd | Equity | ₹120.21 Cr | 0.39% |
| Suzlon Energy Ltd | Equity | ₹119.56 Cr | 0.39% |
| Carborundum Universal Ltd | Equity | ₹109.19 Cr | 0.35% |
| L&T Technology Services Ltd | Equity | ₹106.52 Cr | 0.35% |
| Vedant Fashions Ltd | Equity | ₹100.9 Cr | 0.33% |
| Timken India Ltd | Equity | ₹98.33 Cr | 0.32% |
| Endurance Technologies Ltd | Equity | ₹97.07 Cr | 0.31% |
| Mahindra & Mahindra Financial Services Ltd | Equity | ₹90.51 Cr | 0.29% |
| Premier Energies Limited-Locked In | Equity | ₹87.5 Cr | 0.28% |
| Jindal Steel & Power Ltd | Equity | ₹81.56 Cr | 0.26% |
| Brigade Enterprises Ltd | Equity | ₹78.99 Cr | 0.26% |
| Granules India Ltd | Equity | ₹78.17 Cr | 0.25% |
| Tata Communications Ltd | Equity | ₹76.86 Cr | 0.25% |
| Container Corporation of India Ltd | Equity | ₹74.47 Cr | 0.24% |
| SKF India Ltd | Equity | ₹69.55 Cr | 0.23% |
| Sumitomo Chemical India Ltd Ordinary Shares | Equity | ₹62.58 Cr | 0.20% |
| Ajanta Pharma Ltd | Equity | ₹62.52 Cr | 0.20% |
| Shriram Finance Ltd | Equity | ₹45.05 Cr | 0.15% |
| Tata Technologies Ltd | Equity | ₹41.78 Cr | 0.14% |
| Oil India Ltd | Equity | ₹37.89 Cr | 0.12% |
| Jindal Stainless Ltd | Equity | ₹24.83 Cr | 0.08% |
| Bajaj Housing Finance Ltd | Equity | ₹19.42 Cr | 0.06% |
| Aarti Industries Ltd | Equity | ₹18.08 Cr | 0.06% |
| Hitachi Energy India Ltd Ordinary Shares | Equity | ₹17.81 Cr | 0.06% |
| Vishal Mega Mart Ltd | Equity | ₹10.63 Cr | 0.03% |
| V-Guard Industries Ltd | Equity | ₹8.45 Cr | 0.03% |
| Bharat Dynamics Ltd Ordinary Shares | Equity | ₹0.4 Cr | 0.00% |
| Sundaram Fasteners Ltd | Equity | ₹0.4 Cr | 0.00% |
| ICICI Prudential Life Insurance Co Ltd | Equity | ₹0.37 Cr | 0.00% |
Allocation By Market Cap (Equity)
Large Cap Stocks
15.25%
Mid Cap Stocks
67.99%
Small Cap Stocks
6.58%
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Consumer Cyclical | ₹6,389.24 Cr | 20.73% |
| Industrials | ₹4,835.79 Cr | 15.69% |
| Financial Services | ₹3,865.95 Cr | 12.54% |
| Healthcare | ₹3,755.23 Cr | 12.18% |
| Technology | ₹3,563.76 Cr | 11.56% |
| Basic Materials | ₹2,732.47 Cr | 8.86% |
| Real Estate | ₹1,464.76 Cr | 4.75% |
| Communication Services | ₹663.04 Cr | 2.15% |
| Utilities | ₹459.56 Cr | 1.49% |
| Consumer Defensive | ₹190.17 Cr | 0.62% |
| Energy | ₹183.67 Cr | 0.60% |
Risk & Performance Ratios
Standard Deviation
This fund
13.93%
Cat. avg.
14.83%
Lower the better
Sharpe Ratio
This fund
0.84
Cat. avg.
1.02
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
1.99
Higher the better
Fund Managers
Additional Scheme Detailsas of 31st December 2024
ISIN INF846K01EH3 | Expense Ratio 0.53% | Exit Load 1.00% | Fund Size ₹30,829 Cr | Age 12 years | Lumpsum Minimum ₹100 | Fund Status Open Ended Investment Company | Benchmark S&P BSE Midcap 150 TR INR |
Investment 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
Capital Gains Taxation:
Dividend Taxation:
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Mid-Cap Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Bandhan Midcap Fund Regular Growth Very High Risk | 2.1% | 1.0% | ₹1615.50 Cr | 20.8% |
| Bandhan Midcap Fund Direct Growth Very High Risk | 0.6% | 1.0% | ₹1615.50 Cr | 22.6% |
| Motilal Oswal Midcap Fund Regular Growth Very High Risk | 1.6% | 1.0% | ₹26421.09 Cr | 31.4% |
| HDFC NIFTY Midcap 150 ETF Very High Risk | 0.2% | - | ₹15.15 Cr | - |
| Mirae Asset Midcap Fund Regular Growth Very High Risk | 1.7% | 1.0% | ₹16693.99 Cr | 10.9% |
| Mirae Asset Midcap Fund Direct Growth Very High Risk | 0.6% | 1.0% | ₹16693.99 Cr | 12.1% |
| Axis Midcap Fund Regular Growth Very High Risk | 1.6% | 1.0% | ₹30828.75 Cr | 20.0% |
| Mahindra Manulife Mid Cap Fund Direct Growth Very High Risk | 0.6% | 1.0% | ₹3529.04 Cr | 20.4% |
| Mahindra Manulife Mid Cap Fund Regular Growth Very High Risk | 2.4% | 1.0% | ₹3529.04 Cr | 18.6% |
| Tata Mid Cap Growth Fund Regular Growth Very High Risk | 1.9% | 1.0% | ₹4529.49 Cr | 13.1% |
About the AMC
Axis Mutual Fund
Total AUM
₹3,16,614 Cr
Address
Axis House, 1st Floor, C-2, Wadia International Centre, Mumbai, 400 025
Other Funds by Axis Mutual Fund
Risk Level
Your principal amount will be at Very High Risk
Unlock Expert Insights!
Related Articles
Still got questions?
We're here to help.
What is the current NAV of Axis Midcap Fund Direct Growth?
The NAV of Axis Midcap Fund Direct Growth, as of 21-Jan-2025, is ₹119.78.
What are the returns of Axis Midcap Fund Direct Growth?
The fund has generated 21.31% over the last 1 year and 15.43% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
What is the portfolio composition of Axis Midcap Fund Direct Growth?
The fund's allocation of assets is distributed as 91.44% in equities, 0.00% in bonds, and 8.56% in cash and cash equivalents.
Who manages the Axis Midcap Fund Direct Growth?
The fund managers responsible for Axis Midcap Fund Direct Growth are:-
- Shreyash Devalkar
- Nitin Arora
- Krishnaa N
Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.
NAV (21-Jan-25)
₹119.78-2.23%1D
Returns (Since Inception)
19.71%
Rated ★4.5+ on 
Fund Overview
Fund Size
₹30,829 Cr
Expense Ratio
0.53%
ISIN
INF846K01EH3
Minimum SIP
₹100
Exit Load
1.00%
Inception Date
01 Jan 2013
Risk Level
Your principal amount will be at Very High Risk
About this fund
Axis Midcap Fund Direct Growth is a Mid-Cap mutual fund schemes offered by Axis Mutual Fund. This fund has been in existence for 12 years and 21 days, having been launched on 01-Jan-13.
As of 21-Jan-25, it has a Net Asset Value (NAV) of ₹119.78, Assets Under Management (AUM) of 30828.75 Crores, and an expense ratio of 0.53%.
As of 21-Jan-25, it has a Net Asset Value (NAV) of ₹119.78, Assets Under Management (AUM) of 30828.75 Crores, and an expense ratio of 0.53%.
- Axis Midcap Fund Direct Growth has given a CAGR return of 19.71% since inception.
- The fund's asset allocation comprises around 91.44% in equities, 0.00% in debts, and 8.56% in cash & cash equivalents.
- You can start investing in Axis Midcap Fund Direct 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
+21.31%
+19.45% (Cat Avg.)
3 Years
+15.43%
+19.11% (Cat Avg.)
5 Years
+22.11%
+24.10% (Cat Avg.)
10 Years
+16.44%
+15.97% (Cat Avg.)
Since Inception
+19.71%
— (Cat Avg.)
Portfolio Summaryas of 31st December 2024
| Equity | ₹28,191.16 Cr | 91.44% |
| Others | ₹2,637.6 Cr | 8.56% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type | Amount | Holdings |
|---|---|---|---|
| Clearing Corporation Of India Ltd | Cash - Repurchase Agreement | ₹2,283.87 Cr | 7.41% |
| Trent Ltd | Equity | ₹1,090.63 Cr | 3.54% |
| Indian Hotels Co Ltd | Equity | ₹1,029.38 Cr | 3.34% |
| Persistent Systems Ltd | Equity | ₹969.34 Cr | 3.14% |
| Fortis Healthcare Ltd | Equity | ₹957.36 Cr | 3.11% |
| Coromandel International Ltd | Equity | ₹731.96 Cr | 2.37% |
| Lupin Ltd | Equity | ₹638.34 Cr | 2.07% |
| Supreme Industries Ltd | Equity | ₹635.89 Cr | 2.06% |
| Voltas Ltd | Equity | ₹602.49 Cr | 1.95% |
| Bharti Hexacom Ltd | Equity | ₹586.18 Cr | 1.90% |
| UNO Minda Ltd | Equity | ₹584.06 Cr | 1.89% |
| The Federal Bank Ltd | Equity | ₹579.27 Cr | 1.88% |
| PB Fintech Ltd | Equity | ₹572.12 Cr | 1.86% |
| Phoenix Mills Ltd | Equity | ₹561.05 Cr | 1.82% |
| CG Power & Industrial Solutions Ltd | Equity | ₹560.98 Cr | 1.82% |
| Dixon Technologies (India) Ltd | Equity | ₹553.74 Cr | 1.80% |
| PI Industries Ltd | Equity | ₹550.83 Cr | 1.79% |
| JK Cement Ltd | Equity | ₹508.44 Cr | 1.65% |
| Sona BLW Precision Forgings Ltd | Equity | ₹506.42 Cr | 1.64% |
| Alkem Laboratories Ltd | Equity | ₹502.05 Cr | 1.63% |
| Abbott India Ltd | Equity | ₹488.44 Cr | 1.58% |
| Cholamandalam Investment and Finance Co Ltd | Equity | ₹486.24 Cr | 1.58% |
| Coforge Ltd | Equity | ₹474.65 Cr | 1.54% |
| TVS Motor Co Ltd | Equity | ₹462.66 Cr | 1.50% |
| Schaeffler India Ltd | Equity | ₹448.65 Cr | 1.46% |
| Zomato Ltd | Equity | ₹443.58 Cr | 1.44% |
| GE Vernova T&D India Ltd | Equity | ₹437.93 Cr | 1.42% |
| Apar Industries Ltd | Equity | ₹421.65 Cr | 1.37% |
| Cummins India Ltd | Equity | ₹421.47 Cr | 1.37% |
| Max Healthcare Institute Ltd Ordinary Shares | Equity | ₹418.41 Cr | 1.36% |
| Oberoi Realty Ltd | Equity | ₹384.02 Cr | 1.25% |
| Premier Energies Ltd | Equity | ₹382.61 Cr | 1.24% |
| Oracle Financial Services Software Ltd | Equity | ₹367.76 Cr | 1.19% |
| Net Receivables / (Payables) | Cash | ₹353.73 Cr | 1.15% |
| Solar Industries India Ltd | Equity | ₹342.87 Cr | 1.11% |
| Torrent Power Ltd | Equity | ₹339.35 Cr | 1.10% |
| Balkrishna Industries Ltd | Equity | ₹321.55 Cr | 1.04% |
| Bajaj Finance Ltd | Equity | ₹320 Cr | 1.04% |
| ICICI Lombard General Insurance Co Ltd | Equity | ₹311.22 Cr | 1.01% |
| REC Ltd | Equity | ₹295.08 Cr | 0.96% |
| Linde India Ltd | Equity | ₹274.1 Cr | 0.89% |
| Mphasis Ltd | Equity | ₹264.22 Cr | 0.86% |
| Tech Mahindra Ltd | Equity | ₹246.77 Cr | 0.80% |
| Zydus Lifesciences Ltd | Equity | ₹240.32 Cr | 0.78% |
| Ipca Laboratories Ltd | Equity | ₹235.45 Cr | 0.76% |
| Godrej Properties Ltd | Equity | ₹227.87 Cr | 0.74% |
| ICICI Bank Ltd | Equity | ₹222.81 Cr | 0.72% |
| Sundaram Finance Ltd | Equity | ₹217.39 Cr | 0.71% |
| Indian Bank | Equity | ₹215.99 Cr | 0.70% |
| Prestige Estates Projects Ltd | Equity | ₹212.84 Cr | 0.69% |
| Multi Commodity Exchange of India Ltd | Equity | ₹209.58 Cr | 0.68% |
| Bharat Electronics Ltd | Equity | ₹204.78 Cr | 0.66% |
| K.P.R. Mill Ltd | Equity | ₹203.95 Cr | 0.66% |
| Astral Ltd | Equity | ₹202.33 Cr | 0.66% |
| Colgate-Palmolive (India) Ltd | Equity | ₹190.17 Cr | 0.62% |
| Page Industries Ltd | Equity | ₹176.65 Cr | 0.57% |
| 3M India Ltd | Equity | ₹167.03 Cr | 0.54% |
| Kalyan Jewellers India Ltd | Equity | ₹166.88 Cr | 0.54% |
| Samvardhana Motherson International Ltd | Equity | ₹161.58 Cr | 0.52% |
| Jubilant Foodworks Ltd | Equity | ₹157.56 Cr | 0.51% |
| ZF Commercial Vehicle Control Systems India Ltd | Equity | ₹152.12 Cr | 0.49% |
| Hindustan Aeronautics Ltd Ordinary Shares | Equity | ₹151.57 Cr | 0.49% |
| HDFC Asset Management Co Ltd | Equity | ₹151.16 Cr | 0.49% |
| Jyoti CNC Automation Ltd | Equity | ₹148.47 Cr | 0.48% |
| Hindustan Petroleum Corp Ltd | Equity | ₹145.77 Cr | 0.47% |
| KEI Industries Ltd | Equity | ₹144.59 Cr | 0.47% |
| KPIT Technologies Ltd | Equity | ₹138.56 Cr | 0.45% |
| Motherson Sumi Wiring India Ltd | Equity | ₹137.59 Cr | 0.45% |
| Fine Organic Industries Ltd Ordinary Shares | Equity | ₹137.24 Cr | 0.45% |
| Bharat Forge Ltd | Equity | ₹136.98 Cr | 0.44% |
| J.B. Chemicals & Pharmaceuticals Ltd | Equity | ₹134.2 Cr | 0.44% |
| Grindwell Norton Ltd | Equity | ₹131.17 Cr | 0.43% |
| HDFC Life Insurance Co Ltd | Equity | ₹129.73 Cr | 0.42% |
| Honeywell Automation India Ltd | Equity | ₹125.49 Cr | 0.41% |
| Tata Power Co Ltd | Equity | ₹120.21 Cr | 0.39% |
| Suzlon Energy Ltd | Equity | ₹119.56 Cr | 0.39% |
| Carborundum Universal Ltd | Equity | ₹109.19 Cr | 0.35% |
| L&T Technology Services Ltd | Equity | ₹106.52 Cr | 0.35% |
| Vedant Fashions Ltd | Equity | ₹100.9 Cr | 0.33% |
| Timken India Ltd | Equity | ₹98.33 Cr | 0.32% |
| Endurance Technologies Ltd | Equity | ₹97.07 Cr | 0.31% |
| Mahindra & Mahindra Financial Services Ltd | Equity | ₹90.51 Cr | 0.29% |
| Premier Energies Limited-Locked In | Equity | ₹87.5 Cr | 0.28% |
| Jindal Steel & Power Ltd | Equity | ₹81.56 Cr | 0.26% |
| Brigade Enterprises Ltd | Equity | ₹78.99 Cr | 0.26% |
| Granules India Ltd | Equity | ₹78.17 Cr | 0.25% |
| Tata Communications Ltd | Equity | ₹76.86 Cr | 0.25% |
| Container Corporation of India Ltd | Equity | ₹74.47 Cr | 0.24% |
| SKF India Ltd | Equity | ₹69.55 Cr | 0.23% |
| Sumitomo Chemical India Ltd Ordinary Shares | Equity | ₹62.58 Cr | 0.20% |
| Ajanta Pharma Ltd | Equity | ₹62.52 Cr | 0.20% |
| Shriram Finance Ltd | Equity | ₹45.05 Cr | 0.15% |
| Tata Technologies Ltd | Equity | ₹41.78 Cr | 0.14% |
| Oil India Ltd | Equity | ₹37.89 Cr | 0.12% |
| Jindal Stainless Ltd | Equity | ₹24.83 Cr | 0.08% |
| Bajaj Housing Finance Ltd | Equity | ₹19.42 Cr | 0.06% |
| Aarti Industries Ltd | Equity | ₹18.08 Cr | 0.06% |
| Hitachi Energy India Ltd Ordinary Shares | Equity | ₹17.81 Cr | 0.06% |
| Vishal Mega Mart Ltd | Equity | ₹10.63 Cr | 0.03% |
| V-Guard Industries Ltd | Equity | ₹8.45 Cr | 0.03% |
| Bharat Dynamics Ltd Ordinary Shares | Equity | ₹0.4 Cr | 0.00% |
| Sundaram Fasteners Ltd | Equity | ₹0.4 Cr | 0.00% |
| ICICI Prudential Life Insurance Co Ltd | Equity | ₹0.37 Cr | 0.00% |
Allocation By Market Cap (Equity)
Large Cap Stocks
15.25%
Mid Cap Stocks
67.99%
Small Cap Stocks
6.58%
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Consumer Cyclical | ₹6,389.24 Cr | 20.73% |
| Industrials | ₹4,835.79 Cr | 15.69% |
| Financial Services | ₹3,865.95 Cr | 12.54% |
| Healthcare | ₹3,755.23 Cr | 12.18% |
| Technology | ₹3,563.76 Cr | 11.56% |
| Basic Materials | ₹2,732.47 Cr | 8.86% |
| Real Estate | ₹1,464.76 Cr | 4.75% |
| Communication Services | ₹663.04 Cr | 2.15% |
| Utilities | ₹459.56 Cr | 1.49% |
| Consumer Defensive | ₹190.17 Cr | 0.62% |
| Energy | ₹183.67 Cr | 0.60% |
Risk & Performance Ratios
Standard Deviation
This fund
13.93%
Cat. avg.
14.83%
Lower the better
Sharpe Ratio
This fund
0.84
Cat. avg.
1.02
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
1.99
Higher the better
Fund Managers
Additional Scheme Detailsas of 31st December 2024
ISIN INF846K01EH3 | Expense Ratio 0.53% | Exit Load 1.00% | Fund Size ₹30,829 Cr | Age 12 years | Lumpsum Minimum ₹100 | Fund Status Open Ended Investment Company | Benchmark S&P BSE Midcap 150 TR INR |
Investment 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
Capital Gains Taxation:
Dividend Taxation:
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Mid-Cap Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y |
|---|---|---|---|---|
| Bandhan Midcap Fund Regular Growth Very High Risk | 2.1% | 1.0% | ₹1615.50 Cr | 20.8% |
| Bandhan Midcap Fund Direct Growth Very High Risk | 0.6% | 1.0% | ₹1615.50 Cr | 22.6% |
| Motilal Oswal Midcap Fund Regular Growth Very High Risk | 1.6% | 1.0% | ₹26421.09 Cr | 31.4% |
| HDFC NIFTY Midcap 150 ETF Very High Risk | 0.2% | - | ₹15.15 Cr | - |
| Mirae Asset Midcap Fund Regular Growth Very High Risk | 1.7% | 1.0% | ₹16693.99 Cr | 10.9% |
| Mirae Asset Midcap Fund Direct Growth Very High Risk | 0.6% | 1.0% | ₹16693.99 Cr | 12.1% |
| Axis Midcap Fund Regular Growth Very High Risk | 1.6% | 1.0% | ₹30828.75 Cr | 20.0% |
| Mahindra Manulife Mid Cap Fund Direct Growth Very High Risk | 0.6% | 1.0% | ₹3529.04 Cr | 20.4% |
| Mahindra Manulife Mid Cap Fund Regular Growth Very High Risk | 2.4% | 1.0% | ₹3529.04 Cr | 18.6% |
| Tata Mid Cap Growth Fund Regular Growth Very High Risk | 1.9% | 1.0% | ₹4529.49 Cr | 13.1% |
About the AMC
Axis Mutual Fund
Total AUM
₹3,16,614 Cr
Address
Axis House, 1st Floor, C-2, Wadia International Centre, Mumbai, 400 025
Other Funds by Axis Mutual Fund
Related Articles
Still got questions?
We're here to help.
What is the current NAV of Axis Midcap Fund Direct Growth?
The NAV of Axis Midcap Fund Direct Growth, as of 21-Jan-2025, is ₹119.78.
What are the returns of Axis Midcap Fund Direct Growth?
The fund has generated 21.31% over the last 1 year and 15.43% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
What is the portfolio composition of Axis Midcap Fund Direct Growth?
The fund's allocation of assets is distributed as 91.44% in equities, 0.00% in bonds, and 8.56% in cash and cash equivalents.
Who manages the Axis Midcap Fund Direct Growth?
The fund managers responsible for Axis Midcap Fund Direct Growth are:-
- Shreyash Devalkar
- Nitin Arora
- Krishnaa N
Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.
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Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377, a member of BSE with SEBI Stock Broker Registration no. INZ000303136, and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
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