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axis midcap fund direct plan growth
Axis Midcap Fund Direct Plan Growth

Axis Midcap Fund Direct Plan Growth

  • Very High Risk
  • Equity
  • Mid-Cap
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NAV as on Jul 4, 2025
i
Price per unit of the scheme.
₹ 133.1400-0.18%1 Day Change
3.07%
Minimum Investment₹500
Expense Ratio0.53%

FUND RATING

A holistic measure of the rank of a fund relative to its peers. Top funds receive a score of 5.
4
Scheme Rating
*Morningstar Rating Methodologyi
i

RISK-O-METER

Level of risk associated with a mutual fund to help investors make informed investment decisions
 

bt_logoFUND PERFORMANCE

As On Jan 01, 2023
Compare fund’s performance against category average across different time periods


No Data Found.
Returns <= 1 year are absolute and > 1 year are annualised (CAGR)
For calculating Category Return & Scheme Ranking, only Growth & Direct schemes are considered.

bt_logoFUND COMPARISON

1M3M6M1Y3Y5Y
This Fund
Axis Midcap Fund Direct Plan Growth
VS
Equity: Mid-Cap Average NAV
    Topper in Equity: Mid-Cap
    All Fund


    No Data Found.
    *For the other fund, rescaled NAVs are used
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    bt_logoRETURN CALCULATOR

    Check the return on your investment in the fund
    Axis Midcap Fund Direct Plan Growth
    Investment Type
    Monthly Investment
    Time Period (yrs)
    Annual Return in %
    • Invested Amount
      ₹0
    • Return
      ₹0
    • Current Value
      ₹0

    bt_logoFUND SUMMARY

    Benchmark
    S&P BSE Midcap 150 TR INR
    Expense Ratio
    0.53%
    Category Avg Expense Ratio
    0.75%
    Minimum Investment (Lumpsum/SIP)
    ₹ 500 /₹ 100
    Lock In (Years)
    No Lock-in
    Fund Size
    ₹ 30,501.51 Cr(As on May, 2025)
    Inception Date
    Jan 01, 2013
    Turnover
    24.00 %
    Exit Load
    1% if redeemed within 1 year from date of allotment.

    bt_logoABOUT THE FUND

    Objective: To achieve long term capital appreciation by investing predominantly in equity & equity related instruments of Mid Cap companies.

    Axis Midcap Fund Direct Plan Growth is an Equity - Mid-Cap fund. The fund was launched inJan 01, 2013. Its risk level is . The NAV of the fund as onJul 04, 2025 is ₹133.14. Its expense ratio is 0.53 %. The fund has an AUM of ₹30,501.51 Cr.The fund is managed byShreyash Devalkar,Vinayak Jayanath,Nitin Arora,Krishnaa N.
    The minimum initial investment is  ₹500 in Lumpsum mode.

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    bt_logoFUND MANAGER

    Shreyash Devalkar
    Shreyash Devalkar
    i
    Lead Fund Manager.
    Nov 23, 2016 - Present
    • Fund Manager Rank19Out of 25
      i
      Rank measured on the basis of consistent alpha the fund manager delivered in the same category over a period of three years (factors only Direct plan, Growth option)
    • Schemes managed14
    • Total AUM₹ 1,75,188.30 Cr
    • Highest Return In 1 Yr7.63 %
    Other Funds
    • table
    • card
    1M
    3M
    6M
    1Y
    3Y
    5Y
    Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size
    Axis Multicap Fund Direct Growth
    --
    ₹ 18.83
    2.95%
    3.45%
    Very High Risk
    ₹7,781.71Cr
    Axis Flexi Cap Fund Direct Growth
    ₹ 29.76
    3.23%
    3.41%
    Very High Risk
    ₹12,823.77Cr
    Axis Bluechip Fund Direct Plan Growth
    ₹ 70.54
    3.43%
    3.37%
    Very High Risk
    ₹33,412.83Cr
    Axis Multicap Fund Direct Growth
    Very High Risk--
    • NAV₹ 18.83
    • Fund Size₹7,781.71Cr
    Fund Return2.95%
    Category Return3.45%
    Axis Flexi Cap Fund Direct Growth
    Very High Risk
    • NAV₹ 29.76
    • Fund Size₹12,823.77Cr
    Fund Return3.23%
    Category Return3.41%
    Axis Bluechip Fund Direct Plan Growth
    Very High Risk
    • NAV₹ 70.54
    • Fund Size₹33,412.83Cr
    Fund Return3.43%
    Category Return3.37%
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)
    Vinayak Jayanath
    Vinayak Jayanath
    i
    Lead Fund Manager.
    Jan 17, 2023 - Present
    • Schemes managed19
    • Total AUM₹ 1,38,809.23 Cr
    • Highest Return In 1 Yr19.36 %
    Other Funds
    • table
    • card
    1M
    3M
    6M
    1Y
    3Y
    5Y
    Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size
    Axis Global Innovation Fund of Fund Direct Growth
    --
    ₹ 14.95
    5.06%
    -%
    Very High Risk
    ₹518.62Cr
    Axis Business Cycles Fund Direct Growth
    --
    ₹ 17.14
    2.39%
    -%
    Very High Risk
    ₹2,404.24Cr
    Axis Growth Opportunities Fund Direct Growth
    ₹ 36.21
    2.93%
    3.38%
    Very High Risk
    ₹14,349.24Cr
    Axis Global Innovation Fund of Fund Direct Growth
    Very High Risk--
    • NAV₹ 14.95
    • Fund Size₹518.62Cr
    Fund Return5.06%
    Category Return--
    Axis Business Cycles Fund Direct Growth
    Very High Risk--
    • NAV₹ 17.14
    • Fund Size₹2,404.24Cr
    Fund Return2.39%
    Category Return--
    Axis Growth Opportunities Fund Direct Growth
    Very High Risk
    • NAV₹ 36.21
    • Fund Size₹14,349.24Cr
    Fund Return2.93%
    Category Return3.38%
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)
    Nitin Arora
    Nitin Arora
    i
    Lead Fund Manager.
    Aug 3, 2023 - Present
    • Schemes managed6
    • Total AUM₹ 40,410.90 Cr
    • Highest Return In 1 Yr7.46 %
    Other Funds
    • table
    • card
    1M
    3M
    6M
    1Y
    3Y
    5Y
    Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size
    Axis Retirement Savings Fund - Conservative Plan Direct Growth
    --
    ₹ 17.55
    0.60%
    -%
    High Risk
    ₹61.37Cr
    Axis Retirement Savings Fund - Aggressive Plan Direct Growth
    --
    ₹ 20.47
    1.59%
    -%
    Very High Risk
    ₹812.97Cr
    Axis Multicap Fund Direct Growth
    --
    ₹ 18.83
    2.95%
    3.45%
    Very High Risk
    ₹7,781.71Cr
    Axis Retirement Savings Fund - Conservative Plan Direct Growth
    High Risk--
    • NAV₹ 17.55
    • Fund Size₹61.37Cr
    Fund Return0.60%
    Category Return--
    Axis Retirement Savings Fund - Aggressive Plan Direct Growth
    Very High Risk--
    • NAV₹ 20.47
    • Fund Size₹812.97Cr
    Fund Return1.59%
    Category Return--
    Axis Multicap Fund Direct Growth
    Very High Risk--
    • NAV₹ 18.83
    • Fund Size₹7,781.71Cr
    Fund Return2.95%
    Category Return3.45%
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)
    Krishnaa N
    Krishnaa N
    i
    Lead Fund Manager.
    Mar 1, 2024 - Present
    • Schemes managed22
    • Total AUM₹ 1,42,179.67 Cr
    • Highest Return In 1 Yr19.36 %
    Other Funds
    • table
    • card
    1M
    3M
    6M
    1Y
    3Y
    5Y
    Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size
    Axis Growth Opportunities Fund Direct Growth
    ₹ 36.21
    2.93%
    3.38%
    Very High Risk
    ₹14,349.24Cr
    Axis ESG Equity Fund Direct Growth
    --
    ₹ 23.17
    3.30%
    3.24%
    Very High Risk
    ₹1,245.58Cr
    Axis Midcap Fund Direct Plan Growth
    ₹ 133.14
    3.07%
    3.42%
    Very High Risk
    ₹30,501.51Cr
    Axis Growth Opportunities Fund Direct Growth
    Very High Risk
    • NAV₹ 36.21
    • Fund Size₹14,349.24Cr
    Fund Return2.93%
    Category Return3.38%
    Axis ESG Equity Fund Direct Growth
    Very High Risk--
    • NAV₹ 23.17
    • Fund Size₹1,245.58Cr
    Fund Return3.30%
    Category Return3.24%
    Axis Midcap Fund Direct Plan Growth
    Very High Risk
    • NAV₹ 133.14
    • Fund Size₹30,501.51Cr
    Fund Return3.07%
    Category Return3.42%
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

    bt_logoDETAILED PORTFOLIO

    As on May, 2025
    EQUITY (94.15%)
    DEBT (-%)
    CASH (5.85%)
    Allocation by Market Cap
    Large Cap(13.47%)
    Mid Cap(74.08%)
    Small Cap(5.60%)
    Industry Holdings
    • Auto Parts8.26%
    • Drug Manufacturers Specialty Generic6.92%
    • Information Technology Services6.54%
    • Credit Services5.69%
    • Agricultural Inputs5.33%
    • Medical Care5.06%
    Stock Holdings
    • Fortis Healthcare Ltd3.08%
    • Coromandel International Ltd2.92%
    • Indian Hotels Co Ltd2.75%
    • Solar Industries India Ltd2.60%
    • Persistent Systems Ltd2.59%
    • Bharti Hexacom Ltd2.47%

    bt_logoPERFORMANCE MEASURES

    Fund evaluation across critical parameters for better decision making. Study period is 3 years.
    • Consistency
      i
      It represents the consistency of a fund in beating its benchmark.
    • Downside Risk
      i
      Measured by Maximum Drawdown which shows the maximum loss from a peak to a nadir over a specified time period
    • Risk Adjusted Return
      i
      Risk adjusted return represents the return generated after factoring the risk taken to achieve it.
    • Volatility
      i
      Volatility represents the standard deviation of fund returns that is, how much the fund returns have deviated from the average.
    • Upside Capture Ratio
      i
      Fund performance relative to the index when the market is up. An upside capture ratio of >100 indicates better fund performance.
    • Downside Capture Ratio
      i
      Fund performance relative to the index when the market is down. A downside capture ratio of <100 indicates better fund performance.

    bt_logoHISTORICAL RISK MEASURES

    Statistical measures to evaluate mutual fund risk. All ratios are calculated for a three-year time duration.
    • Alpha: Excess return of the fund over benchmark
      i
      Any Alpha above zero is considered good. However, for comparison, a fund with a higher Alpha is considered better. Alpha is normally used in conjunction with Beta. If the Beta is high, it implies that the fund manager took a high risk to generate Alpha.
      -0.24
      This Fund
      VS
      -0.12
      Category Avg
    • R-Squared: How well the fund tracks benchmark
      i
      R-Squared measures the correlation of fund returns and its benchmark returns. It varies between 0 and 1. The metric, Beta makes no sense if R-Squared is equal to zero. Thus, both Beta and R-Squared should be used in conjunction. A fund with a high R-Squared and low Beta is considered a less risky fund.
      85.33
      This Fund
      VS
      90.49
      Category Avg
    • Beta: Risk of the fund in relation to benchmark
      i
      Beta >1 indicates that the fund is more volatile than its benchmark while Beta < 1 indicates that the fund is less volatile than its benchmark. The Beta of the benchmark is equal to 1.
      0.83
      This Fund
      VS
      0.92
      Category Avg
    • Sharpe Ratio: Risk adjusted return of the fund
      i
      Sharpe Ratio is a measure of return per unit of risk. A higher Sharpe ratio indicates better risk adjusted return given by the fund.
      1.18
      This Fund
      VS
      1.23
      Category Avg
    • Sortino Ratio: Return per unit of bad risk
      i
      A variation of Sharpe ratio, Sortino considers only the downside risk. Unlike Sharpe ratio which considers both good risk and bad risk, Sortino factors only the bad risk. A high Sortino ratio indicates better return for each unit of downside risk.
      2.03
      This Fund
      VS
      2.14
      Category Avg
    • Standard Devation: Volatility of the fund
      i
      Standard deviation is a measure of dispersion of fund returns from its average return. A fund with a higher Standard deviation is more volatile than a fund with a low standard deviation.
      15.12
      This Fund
      VS
      16.24
      Category Avg
    Benchmark used in calculation : S&P BSE 500 India TR INR

    bt_logoPEER ANALYSIS

    1M
    3M
    6M
    1Y
    3Y
    5Y
    • card
    • table
    Fund NameMorningstar RatingNAV Fund Return Category ReturnRisk Fund Size
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

    bt_logoTOP FUNDS FROM THIS AMC

    1M
    3M
    6M
    1Y
    3Y
    5Y
    • card
    • table
    Fund NameMorningstar RatingNAV Fund Return Category Return Risk Fund Size (Cr)
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

    bt_logoABOUT THE AMC

    company icon
    Axis Asset Management Company Limited
    Axis Asset Management Company Limited manages assets worth ₹ 3,36,158.60 crores. It’s current offering of mutual fund schemes includes 33 equity, 30 debt and 12 hybrid schemes.
    phone icon
    Phone
    +91 22 43255161
    mail icon
    Email
    customerservice@axismf.com
    aum
    AUM
    ₹ 3,36,158.60 Cr (
    As on May 31, 2025
    )
    location
    Address
    Axis House, 1st Floor, C-2, Wadia International Centre, Mumbai,400 025

    bt_logoFAQ's

    What is the category of Axis Midcap Fund Direct Plan Growth ?
    The category of Axis Midcap Fund Direct Plan Growth is Equity - Mid-Cap
    What is the current NAV of Axis Midcap Fund Direct Plan Growth ?
    The current NAV of Axis Midcap Fund Direct Plan Growth as on Jul 04, 2025 is ₹133.14
    How safe is Axis Midcap Fund Direct Plan Growth ?
    The risk level of Axis Midcap Fund Direct Plan Growth is Very High.
    What are short term returns given by Axis Midcap Fund Direct Plan Growth ?
    The return given by Axis Midcap Fund Direct Plan Growth in 1 month is 3.07%, 3 months is 16.95%, 6 months is 1.70%, and 1 year is 4.37%
    What are the long term returns given by Axis Midcap Fund Direct Plan Growth ?
    The return given by Axis Midcap Fund Direct Plan Growth in 3 years is 24.94% and 5 years is 26.24%.
    What is the expense ratio of Axis Midcap Fund Direct Plan Growth ?
    The expense ratio of Axis Midcap Fund Direct Plan Growth is 0.53%
    What is the AUM of Axis Midcap Fund Direct Plan Growth ?
    The assets under Management (AUM) of Axis Midcap Fund Direct Plan Growth is Rs 30,501.51 crores.
    What is the minimum investment in Axis Midcap Fund Direct Plan Growth ?
    The minimum Lumpsum investment in Axis Midcap Fund Direct Plan Growth is ₹500.00 and the minimum SIP investment in Axis Midcap Fund Direct Plan Growth is ₹100.00
    What is the asset allocation of Axis Midcap Fund Direct Plan Growth?
    Axis Midcap Fund Direct Plan Growth has an exposure of 94.15% in Equity and 5.85% in Cash & Money Market Securities

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