Axis Nifty Midcap 50 Index Fund Direct Growth

Fund Overview

Fund Size

₹423 Cr

Expense Ratio

0.26%

ISIN

INF846K019H0

Minimum SIP

₹100

Exit Load

No Charges

Inception Date

28 Mar 2022

About this fund

Axis Nifty Midcap 50 Index Fund Direct Growth is a Index Funds mutual fund schemes offered by Axis Mutual Fund. This fund has been in existence for 2 years, 9 months and 25 days, having been launched on 28-Mar-22.
As of 21-Jan-25, it has a Net Asset Value (NAV) of ₹18.12, Assets Under Management (AUM) of 422.57 Crores, and an expense ratio of 0.26%.

Axis Nifty Midcap 50 Index Fund Direct Growth has given a CAGR return of 23.47% since inception.
The fund's asset allocation comprises around 99.91% in equities, 0.00% in debts, and 0.09% in cash & cash equivalents.
You can start investing in Axis Nifty Midcap 50 Index 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

+11.12%

— (Cat Avg.)

Since Inception

+23.47%

— (Cat Avg.)

Portfolio Summaryas of 31st December 2024

Equity	₹422.18 Cr	99.91%
Others	₹0.4 Cr	0.09%

Top Holdings

All Holdings

Equity

Debt & Others

Name	Type	Amount	Holdings
Max Healthcare Institute Ltd Ordinary Shares	Equity	₹19.75 Cr	4.67%
Indian Hotels Co Ltd	Equity	₹18.19 Cr	4.30%
Suzlon Energy Ltd	Equity	₹17.39 Cr	4.11%
PB Fintech Ltd	Equity	₹16.41 Cr	3.88%
Dixon Technologies (India) Ltd	Equity	₹16.14 Cr	3.82%
Persistent Systems Ltd	Equity	₹16.06 Cr	3.80%
Lupin Ltd	Equity	₹13.4 Cr	3.17%
The Federal Bank Ltd	Equity	₹11.53 Cr	2.73%
CG Power & Industrial Solutions Ltd	Equity	₹10.98 Cr	2.60%
Cummins India Ltd	Equity	₹10.45 Cr	2.47%
HDFC Asset Management Co Ltd	Equity	₹10.02 Cr	2.37%
Indus Towers Ltd Ordinary Shares	Equity	₹10 Cr	2.37%
Godrej Properties Ltd	Equity	₹9.83 Cr	2.33%
Voltas Ltd	Equity	₹9.61 Cr	2.27%
Hindustan Petroleum Corp Ltd	Equity	₹9.25 Cr	2.19%
IDFC First Bank Ltd	Equity	₹9.21 Cr	2.18%
Aurobindo Pharma Ltd	Equity	₹8.79 Cr	2.08%
Yes Bank Ltd	Equity	₹8.7 Cr	2.06%
Polycab India Ltd	Equity	₹8.6 Cr	2.04%
Colgate-Palmolive (India) Ltd	Equity	₹8.38 Cr	1.98%
Bharat Forge Ltd	Equity	₹8.02 Cr	1.90%
Marico Ltd	Equity	₹7.96 Cr	1.88%
SRF Ltd	Equity	₹7.65 Cr	1.81%
Mphasis Ltd	Equity	₹7.59 Cr	1.80%
Ashok Leyland Ltd	Equity	₹7.44 Cr	1.76%
AU Small Finance Bank Ltd	Equity	₹7.39 Cr	1.75%
Phoenix Mills Ltd	Equity	₹7.19 Cr	1.70%
Supreme Industries Ltd	Equity	₹7.15 Cr	1.69%
Oracle Financial Services Software Ltd	Equity	₹7.1 Cr	1.68%
Alkem Laboratories Ltd	Equity	₹7.05 Cr	1.67%
PI Industries Ltd	Equity	₹7.04 Cr	1.67%
Sundaram Finance Ltd	Equity	₹6.72 Cr	1.59%
APL Apollo Tubes Ltd	Equity	₹6.68 Cr	1.58%
GMR Airports Ltd	Equity	₹6.62 Cr	1.57%
Oberoi Realty Ltd	Equity	₹6.4 Cr	1.51%
MRF Ltd	Equity	₹6.22 Cr	1.47%
Petronet LNG Ltd	Equity	₹6.11 Cr	1.45%
UPL Ltd	Equity	₹5.96 Cr	1.41%
KPIT Technologies Ltd	Equity	₹5.61 Cr	1.33%
Muthoot Finance Ltd	Equity	₹5.4 Cr	1.28%
NMDC Ltd	Equity	₹5.35 Cr	1.27%
Container Corporation of India Ltd	Equity	₹5.11 Cr	1.21%
Vodafone Idea Ltd	Equity	₹4.84 Cr	1.15%
Astral Ltd	Equity	₹4.8 Cr	1.14%
Tata Communications Ltd	Equity	₹4.71 Cr	1.11%
SBI Cards and Payment Services Ltd Ordinary Shares	Equity	₹4.69 Cr	1.11%
Steel Authority Of India Ltd	Equity	₹3.83 Cr	0.91%
ACC Ltd	Equity	₹3.27 Cr	0.77%
Aditya Birla Capital Ltd	Equity	₹2.99 Cr	0.71%
L&T Finance Ltd	Equity	₹2.56 Cr	0.61%
Clearing Corporation Of India Ltd	Cash - Repurchase Agreement	₹2.37 Cr	0.56%
Net Receivables / (Payables)	Cash	₹-1.97 Cr	0.47%

Allocation By Market Cap (Equity)

Other Allocation

Equity Sector

Debt & Others

Sector	Amount	Holdings
Industrials	₹88.16 Cr	20.86%
Financial Services	₹85.64 Cr	20.27%
Technology	₹52.5 Cr	12.42%
Healthcare	₹48.99 Cr	11.59%
Basic Materials	₹39.79 Cr	9.42%
Consumer Cyclical	₹32.43 Cr	7.67%
Real Estate	₹23.42 Cr	5.54%
Communication Services	₹19.55 Cr	4.63%
Consumer Defensive	₹16.33 Cr	3.86%
Energy	₹15.37 Cr	3.64%

Risk & Performance Ratios

Fund Managers

Karthik Kumar

Since August 2023

Additional Scheme Detailsas of 31st December 2024

ISIN

INF846K019H0

Expense Ratio

0.26%

Exit Load

No Charges

Fund Size

₹423 Cr

Age

2 years 9 months

Lumpsum Minimum

₹100

Fund Status

Open Ended Investment Company

Benchmark

Nifty Midcap 50 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 Index Funds Funds

Fund name	Expense Ratio	Exit Load	Fund size	1Y
ICICI Prudential Nifty Midcap 150 Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹620.49 Cr	12.9%
ICICI Prudential Nifty Midcap 150 Index Fund Regular Growth Very High Risk	0.9%	0.0%	₹620.49 Cr	12.2%
ICICI Prudential Nifty 200 Momentum 30 Index Fund Regular Growth Very High Risk	1.0%	0.0%	₹502.65 Cr	4.7%
SBI Nifty Midcap 150 Index Fund Regular Growth Very High Risk	1.0%	0.0%	₹740.33 Cr	12.3%
DSP Nifty 50 Equal Weight Index Fund Regular Growth Very High Risk	0.9%	0.0%	₹1896.35 Cr	7.5%
SBI Nifty Smallcap 250 Index Fund Direct Growth Very High Risk	0.4%	0.0%	₹1301.32 Cr	13.2%
SBI Nifty Midcap 150 Index Fund Direct Growth Very High Risk	0.4%	0.0%	₹740.33 Cr	13.0%
ICICI Prudential Nifty 200 Momentum 30 Index Fund Direct Growth Very High Risk	0.4%	0.0%	₹502.65 Cr	5.3%
DSP Nifty 50 Equal Weight Index Fund Direct Growth Very High Risk	0.4%	0.0%	₹1896.35 Cr	8.1%
SBI Nifty Smallcap 250 Index Fund Regular Growth Very High Risk	1.0%	0.0%	₹1301.32 Cr	12.5%

About the AMC

Axis Mutual Fund

+91 22 43255161

https://www.axismf.com/

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

Fund name	Expense Ratio	Exit Load	Fund size	1Y
Axis Fixed Term Plan Series 120 (91 Days) Direct Growth Moderate Risk	-	0.0%	-	-
Axis US Treasury Dynamic Bond ETF Fund of Fund Direct Growth Very High Risk	0.1%	0.0%	₹61.84 Cr	5.4%
Axis India Manufacturing Fund Direct Growth Very High Risk	0.4%	1.0%	₹5958.01 Cr	26.7%
Axis Fixed Term Plan Series 118 100 Days Direct Growth Moderate Risk	-	0.0%	-	-
Axis Fixed Term Plan Series 113 1228 Days Direct Growth Low to Moderate Risk	-	0.0%	₹91.86 Cr	7.8%
Axis Fixed Term Plan Series 110 1553 Days Direct Growth Moderate Risk	-	0.0%	-	-
Axis Fixed Term Plan Series 105 1128 Days Direct Growth Moderate Risk	-	0.0%	-	-
Axis Fixed Term Plan Series 112 1143 Days Direct Growth Low to Moderate Risk	-	0.0%	₹76.11 Cr	7.7%
Axis Nifty SDL September 2026 Debt Index Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹75.75 Cr	8.2%
Axis Banking & PSU Debt Fund Direct Growth Moderate Risk	0.3%	0.0%	₹12915.80 Cr	7.9%
Axis Global Equity Alpha Fund of Fund Direct Growth Very High Risk	0.9%	1.0%	₹823.87 Cr	27.0%
Axis Nifty Smallcap 50 Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹459.80 Cr	15.2%
Axis Flexi Cap Fund Direct Growth Very High Risk	0.7%	1.0%	₹7034.33 Cr	15.7%
Axis Money Market Fund Direct Growth Moderate Risk	0.2%	0.0%	₹15463.84 Cr	7.9%
Axis Equity Hybrid Fund Direct Growth Very High Risk	1.1%	1.0%	₹1576.01 Cr	14.0%
Axis Special Situations Fund Direct Growth Very High Risk	1.3%	1.0%	₹1221.86 Cr	25.2%
Axis Corporate Debt Fund Direct Growth Moderate Risk	0.3%	0.0%	₹6047.62 Cr	8.8%
Axis ESG Equity Fund Direct Growth Very High Risk	1.3%	1.0%	₹1300.08 Cr	13.4%
Axis Arbitrage Fund Direct Growth Low Risk	0.3%	0.0%	₹5913.10 Cr	8.1%
Axis Greater China Equity Fund of Fund Direct Growth Very High Risk	0.5%	1.0%	₹331.22 Cr	24.2%
Axis Value Fund Direct Growth Very High Risk	0.9%	1.0%	₹807.64 Cr	22.7%
Axis All Seasons Debt Fund of Funds Direct Growth Moderate Risk	0.2%	0.0%	₹137.40 Cr	8.8%
Axis Gilt Fund Direct Growth Moderate Risk	0.4%	0.0%	₹933.76 Cr	10.3%
Axis Bluechip Fund Direct Growth Very High Risk	0.7%	1.0%	₹33126.83 Cr	9.9%
Axis Dynamic Bond Fund Direct Growth Moderate Risk	0.3%	0.0%	₹1411.83 Cr	8.8%
Axis Gold Fund Direct Growth High Risk	0.2%	1.0%	₹706.42 Cr	26.8%
Axis Focused 25 Fund Direct Growth Very High Risk	0.8%	1.0%	₹13068.33 Cr	10.2%
Axis Regular Saver Fund Direct Growth Very High Risk	1.0%	1.0%	₹291.55 Cr	8.8%
Axis Strategic Bond Fund Direct Growth Moderately High risk	0.5%	1.0%	₹1986.47 Cr	9.4%
Axis Long Term Equity Fund Direct Growth Very High Risk	0.8%	0.0%	₹35953.73 Cr	13.7%
Axis Short Term Fund Direct Growth Moderate Risk	0.3%	0.0%	₹8878.51 Cr	8.6%
Axis Liquid Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹30917.01 Cr	7.5%
Axis Multi Asset Allocation Fund Direct Growth Very High Risk	1.0%	1.0%	₹1273.24 Cr	14.9%
Axis Midcap Fund Direct Growth Very High Risk	0.5%	1.0%	₹30828.75 Cr	21.3%
Axis Treasury Advantage Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹5843.40 Cr	8.0%
Axis Equity Saver Fund Direct Growth Moderately High risk	1.0%	1.0%	₹994.42 Cr	10.0%
Axis Balanced Advantage Fund Direct Growth Moderately High risk	0.8%	1.0%	₹2633.81 Cr	16.4%
Axis Nifty Midcap 50 Index Fund Direct Growth Low Risk	0.3%	0.0%	₹422.57 Cr	11.1%
Axis Nifty IT Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹141.21 Cr	14.6%
Axis CRISIL IBX 50:50 Gilt Plus SDL September 2027 Index Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹32.16 Cr	8.2%
Axis Credit Risk Fund Direct Growth Moderately High risk	0.8%	1.0%	₹414.72 Cr	8.9%
Axis Ultra Short Term Fund Direct Growth Moderate Risk	0.4%	0.0%	₹5996.43 Cr	7.9%
Axis Multicap Fund Direct Growth Very High Risk	0.7%	1.0%	₹7034.33 Cr	23.7%
Axis CRISIL IBX 50:50 Gilt Plus SDL June 2028 Index Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹73.51 Cr	8.4%
Axis Nifty AAA Bond Plus SDL Apirl 2026 50:50 ETF Fund Of Funds Direct Growth Low to Moderate Risk	0.1%	0.0%	₹276.34 Cr	7.1%
Axis Silver Fund of Funds Direct Growth Very High Risk	0.2%	0.0%	₹63.61 Cr	25.6%
Axis Nifty Next 50 Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹299.81 Cr	16.2%
Axis CRISIL IBX 70:30 CPSE Plus SDL April 2025 Index Fund Direct Growth Low Risk	0.2%	0.0%	₹456.51 Cr	7.6%
Axis Long Duration Fund Direct Growth Moderate Risk	0.3%	0.0%	₹527.44 Cr	11.3%
Axis Nifty 50 Index Fund Direct Growth Very High Risk	0.1%	0.0%	₹579.13 Cr	7.5%

Risk Level

Your principal amount will be at Low Risk

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Still got questions?
We're here to help.

What is the current NAV of Axis Nifty Midcap 50 Index Fund Direct Growth?

The NAV of Axis Nifty Midcap 50 Index Fund Direct Growth, as of 21-Jan-2025, is ₹18.12.

What is the portfolio composition of Axis Nifty Midcap 50 Index Fund Direct Growth?

The fund's allocation of assets is distributed as 99.91% in equities, 0.00% in bonds, and 0.09% in cash and cash equivalents.

Who manages the Axis Nifty Midcap 50 Index Fund Direct Growth?

The fund managers responsible for Axis Nifty Midcap 50 Index Fund Direct Growth are:-

Karthik Kumar

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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Fund Overview

Fund Size

₹423 Cr

Expense Ratio

0.26%

ISIN

INF846K019H0

Minimum SIP

₹100

Exit Load

No Charges

Inception Date

28 Mar 2022

Risk Level

Your principal amount will be at Low Risk