Axis Midcap Fund
Mid CapVery HighOPEN-ENDED
- NAV as on 24 Sep 2026
- ₹120.20-1.97%1 day
- Return since launch
- 17.4%
- 52-week range
- ₹102.47 — ₹124.14
- AUM
- ₹35,425 Cr
Axis Midcap Fund is a Mid Cap equity fund from Axis Mutual Fund with ₹35,425 Cr under management, launched in 2011. Over three years it has returned 9.9% a year, against 15.7% for its category. The expense ratio is 1.75% and the SEBI riskometer reading is Very High.
Performance
Axis Midcap Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned +6.1% against +5.2% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 8.8% | +2.4 pts | 6.4% | 6.0% |
| 2Y | 7.7% | +0.5 pts | 7.2% | 6.3% |
| 3Y | 9.9% | −5.8 pts | 15.7% | 8.5% |
| 5Y | 13.8% | −0.4 pts | 14.1% | 14.1% |
| 7Y | 16.4% | −2.1 pts | 18.5% | 17.4% |
| 10Y | 16.7% | +1.6 pts | 15.1% | 15.8% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | -2.6% | +1.1 pts | -3.7% | -4.0% |
| 3M | 1.0% | +0.4 pts | 0.6% | -0.0% |
| 6M | 12.3% | −1.0 pts | 13.3% | 11.8% |
| 1Y | 6.1% | −0.3 pts | 6.4% | 5.2% |
| 2Y | 1.3% | +0.4 pts | 0.9% | 0.4% |
| 3Y | 15.2% | −0.5 pts | 15.7% | 14.5% |
| 5Y | 11.7% | −2.5 pts | 14.1% | 13.3% |
| 7Y | 18.0% | −1.8 pts | 19.7% | 18.2% |
| 10Y | 16.2% | +1.1 pts | 15.1% | 13.9% |
Since launch (31 Jan 2011): 17.4%
Calendar-year returns
Category average26.0%
39.9%
-5.1%
29.6%
29.7%
1.0%
Show as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | 1.0% | −2.1 pts | 3.1% |
| 2024 | 29.7% | −0.6 pts | 30.3% |
| 2023 | 29.6% | −9.1 pts | 38.7% |
| 2022 | -5.1% | −8.8 pts | 3.8% |
| 2021 | 39.9% | −5.9 pts | 45.8% |
| 2020 | 26.0% | +0.5 pts | 25.5% |
Returns over one year are annualised. Shorter periods are absolute.
Costs & terms
Costs and terms
What the fund charges each year, and the rules around putting money in and taking it out.
Costs
1.79%
Expense ratio as on 22 Sep 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 1.32%
- Brokerage
- 0.08%
- Transaction charges
- 0.00%
- Statutory levies
- 0.39%
- Exit load
- Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 3 months.
- Lock-in
- None
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- BSE 150 MidCap TRI
- Short-term capital gains
- Returns taxed at 20% if you redeem before 1 year
- Long-term capital gains
- After 1 year, returns above ₹1.25 lakh in a financial year are taxed at 12.5%
Risk
Risk
What the riskometer means for this fund, and how its ratios sit against the category.
Very High
Your principal is treated as being at very high risk — typically small cap, sectoral and thematic equity schemes.
| Ratio | Fund | Category avg | Read as |
|---|---|---|---|
| Alpha | 0.92 | 5.13 | Return earned above what the benchmark alone would have given. Higher is better. |
| Beta | 0.86 | 0.99 | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 0.68 | 0.91 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 0.87 | 1.17 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 16.15 | 18.53 | How widely monthly returns have varied around their own average. Lower is steadier. |
| Average of 5 category peers | |||
Portfolio
Axis Midcap Fund portfolio
Portfolio as of 31 Aug 2026
Asset allocation
- Equity92.8%
- Debt6.2%
- Other1.0%
Market cap split
- Large20.3%
- Mid73.7%
- Small6.0%
- P/E
- 44.41
- P/B
- 5.97
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Others | Others | 6.32% | ₹2,237 Cr | +13.15% | +21.01% | +21.14% |
| The Federal Bank Ltd. | Financial | 4.40% | ₹1,560 Cr | +3.83% | +3.98% | +1.98% |
| Fortis Healthcare Ltd. | Healthcare | 3.21% | ₹1,136 Cr | +3.54% | +3.85% | +3.90% |
| Apar Industries Ltd. | Consumer Staples | 2.73% | ₹968 Cr | +2.09% | +1.61% | +1.09% |
| Sona BLW Precision Forgings Ltd. | Automobile | 2.71% | ₹960 Cr | +1.89% | +1.14% | +0.47% |
| GE Vernova T&D India Ltd | Capital Goods | 2.35% | ₹833 Cr | +2.90% | +2.39% | +2.15% |
| PB Fintech Ltd. | Services | 2.32% | ₹823 Cr | +1.59% | +0.98% | +1.96% |
| The Indian Hotels Company Ltd. | Services | 2.28% | ₹808 Cr | +2.06% | +2.26% | +2.64% |
| Ipca Laboratories Ltd. | Healthcare | 2.23% | ₹791 Cr | +1.86% | +1.63% | +0.79% |
| The Phoenix Mills Ltd. | Construction | 2.13% | ₹755 Cr | +1.93% | +1.92% | +1.41% |
| Lenskart Solutions Ltd. | Consumer Discretionary | 2.03% | ₹720 Cr | +0.49% | +0.08% | — |
| Eternal Ltd. | Services | 2.00% | ₹709 Cr | +0.74% | +0.75% | +0.94% |
| Bharat Heavy Electricals Ltd. | Capital Goods | 1.95% | ₹692 Cr | +1.84% | +1.20% | +0.30% |
| Bharat Forge Ltd. | Automobile | 1.95% | ₹690 Cr | +1.77% | +1.46% | +0.74% |
| Solar Industries India Ltd. | Chemicals | 1.79% | ₹635 Cr | +2.07% | +1.57% | +1.82% |
| ICICI Bank Ltd. | Financial | 1.79% | ₹633 Cr | +0.46% | +0.75% | +0.78% |
| FSN E-Commerce Ventures Ltd. | Services | 1.74% | ₹617 Cr | +0.95% | +0.52% | — |
| Radico Khaitan Ltd. | Consumer Staples | 1.71% | ₹605 Cr | +0.96% | — | — |
| Cummins India Ltd. | Capital Goods | 1.70% | ₹601 Cr | +2.11% | +1.80% | +1.51% |
| UNO Minda Ltd. | Automobile | 1.60% | ₹565 Cr | +1.44% | +1.73% | +2.65% |
| Dixon Technologies (India) Ltd. | Capital Goods | 1.52% | ₹540 Cr | — | +0.29% | +2.19% |
| Premier Energies Ltd. | Energy | 1.52% | ₹537 Cr | +1.67% | +1.21% | +1.73% |
| Schaeffler India Ltd. | Capital Goods | 1.48% | ₹524 Cr | +2.22% | +2.30% | +1.74% |
| Coforge Ltd. | Technology | 1.43% | ₹505 Cr | +1.08% | +0.88% | +1.07% |
| Bajaj Finance Ltd. | Financial | 1.38% | ₹490 Cr | +0.70% | +1.01% | +0.95% |
| Marico Ltd. | Consumer Staples | 1.37% | ₹484 Cr | +0.51% | — | — |
| Alkem Laboratories Ltd. | Healthcare | 1.34% | ₹475 Cr | +0.87% | +0.72% | +0.83% |
| Ather Energy Ltd. | Automobile | 1.29% | ₹458 Cr | +0.53% | — | — |
| JK Cement Ltd. | Materials | 1.27% | ₹451 Cr | +1.40% | +1.57% | +2.73% |
| Multi Commodity Exchange Of India Ltd. | Services | 1.27% | ₹448 Cr | +3.04% | +2.73% | +1.45% |
| TVS Motor Company Ltd. | Automobile | 1.25% | ₹444 Cr | +1.24% | +1.81% | +1.77% |
| AU Small Finance Bank Ltd. | Financial | 1.22% | ₹432 Cr | +1.00% | +0.98% | — |
| company:17109 | Services | 1.17% | ₹413 Cr | — | — | — |
| Info Edge (India) Ltd. | Services | 1.14% | ₹405 Cr | +0.69% | +0.71% | +0.80% |
| Torrent Power Ltd. | Energy | 1.09% | ₹385 Cr | +1.33% | +1.51% | +1.17% |
| Coromandel International Ltd. | Chemicals | 1.09% | ₹385 Cr | +1.59% | +1.87% | +2.50% |
| Vishal Mega Mart Ltd. | Services | 1.08% | ₹382 Cr | +1.42% | +1.30% | +1.53% |
| SRF Ltd. | Chemicals | 1.01% | ₹356 Cr | +1.24% | +0.97% | +0.44% |
| Abbott India Ltd. | Healthcare | 1.00% | ₹353 Cr | +1.33% | +1.35% | +1.68% |
| L&T Finance Ltd. | Financial | 0.97% | ₹344 Cr | +0.76% | +0.84% | +0.44% |
| ICICI Lombard General Insurance Company Ltd. | Insurance | 0.97% | ₹343 Cr | +1.19% | +1.15% | +1.13% |
| K.P.R. Mill Ltd. | Textiles | 0.96% | ₹340 Cr | +0.81% | +0.77% | +0.76% |
| Shriram Finance Ltd | Financial | 0.95% | ₹338 Cr | +0.78% | +0.21% | — |
| Supreme Industries Ltd. | Materials | 0.95% | ₹335 Cr | +1.10% | +1.27% | +1.47% |
| Bharti Hexacom Ltd. | Communication | 0.93% | ₹329 Cr | +1.22% | +1.37% | +2.35% |
| BSE Ltd. | Services | 0.92% | ₹326 Cr | +2.39% | +0.45% | +0.70% |
| CG Power and Industrial Solutions Ltd. | Capital Goods | 0.89% | ₹314 Cr | +1.26% | +1.02% | +1.27% |
| Axis Money Market Fund Direct-Growth | Unclassified | 0.88% | ₹311 Cr | +0.93% | +0.94% | — |
| Interglobe Aviation Ltd. | Services | 0.85% | ₹300 Cr | — | — | — |
| Page Industries Ltd. | Textiles | 0.85% | ₹300 Cr | +0.80% | +0.23% | +0.91% |
| INDO-MIM Ltd. | Capital Goods | 0.82% | ₹290 Cr | — | — | — |
| company:20770 | Capital Goods | 0.81% | ₹286 Cr | — | — | — |
| company:20371 | Services | 0.79% | ₹281 Cr | — | +0.08% | — |
| Torrent Pharmaceuticals Ltd. | Healthcare | 0.72% | ₹254 Cr | — | — | — |
| Mphasis Ltd. | Technology | 0.70% | ₹249 Cr | +0.71% | +0.75% | +0.86% |
| Billionbrains Garage Ventures Ltd. | Financial | 0.69% | ₹243 Cr | +0.32% | +0.25% | — |
| Sundaram Finance Ltd. | Financial | 0.64% | ₹228 Cr | +0.64% | +0.87% | +0.73% |
| Craftsman Automation Ltd. | Automobile | 0.63% | ₹224 Cr | — | — | — |
| Bosch Ltd. | Automobile | 0.59% | ₹211 Cr | — | — | — |
| Indian Bank | Financial | 0.54% | ₹190 Cr | +1.07% | +1.48% | +1.14% |
| 3M India Ltd. | Consumer Staples | 0.53% | ₹189 Cr | +0.57% | +0.66% | +0.54% |
| Cholamandalam Investment and Finance Company Ltd. | Financial | 0.53% | ₹188 Cr | +0.65% | +0.93% | +1.00% |
| Voltas Ltd. | Consumer Discretionary | 0.53% | ₹188 Cr | +0.67% | +0.67% | +0.99% |
| Trent Ltd. | Services | 0.49% | ₹175 Cr | +0.75% | +0.71% | +1.06% |
| company:15106 | Healthcare | 0.49% | ₹173 Cr | — | — | — |
| PI Industries Ltd. | Chemicals | 0.48% | ₹171 Cr | +0.79% | +1.01% | +1.81% |
| Blue Star Ltd. | Consumer Discretionary | 0.48% | ₹170 Cr | +1.00% | +1.26% | +1.16% |
| Anthem Biosciences Ltd. | Healthcare | 0.47% | ₹165 Cr | +0.36% | +0.14% | +0.17% |
| Cholamandalam Financial Holdings Ltd. | Financial | 0.46% | ₹164 Cr | +0.79% | +0.81% | +0.49% |
| Tube Investments Of India Ltd. | Automobile | 0.45% | ₹160 Cr | +0.86% | +0.60% | +0.45% |
| LG Electronics India Ltd. | Consumer Discretionary | 0.43% | ₹153 Cr | +0.42% | +0.45% | — |
| Fine Organic Industries Ltd. | Chemicals | 0.43% | ₹151 Cr | +0.43% | +0.45% | +0.47% |
| Indusind Bank Ltd. | Financial | 0.42% | ₹148 Cr | +0.28% | — | — |
| Kei Industries Ltd. | Capital Goods | 0.39% | ₹139 Cr | +1.03% | +1.17% | +0.47% |
| Bharat Electronics Ltd. | Capital Goods | 0.38% | ₹135 Cr | +0.86% | +1.05% | +1.03% |
| Hindustan Petroleum Corporation Ltd. | Energy | 0.38% | ₹135 Cr | +0.95% | +0.97% | +0.60% |
| Astral Ltd. | Materials | 0.35% | ₹125 Cr | +0.43% | +0.33% | +0.28% |
| Mankind Pharma Ltd. | Healthcare | 0.35% | ₹124 Cr | +0.37% | +0.24% | — |
| Mahindra & Mahindra Financial Services Ltd. | Financial | 0.30% | ₹105 Cr | — | — | — |
| company:17810 | Healthcare | 0.25% | ₹87.57 Cr | — | — | — |
| Tata Communications Ltd. | Communication | 0.25% | ₹87.52 Cr | +0.40% | +0.21% | +0.15% |
| Swiggy Ltd. | Services | 0.25% | ₹87.05 Cr | +0.60% | +0.73% | +1.05% |
| company:15039 | Consumer Discretionary | 0.23% | ₹82.42 Cr | — | — | — |
| company:12475 | Capital Goods | 0.23% | ₹82.21 Cr | — | — | — |
| company:6921 | Chemicals | 0.20% | ₹71.58 Cr | — | — | — |
| company:896 | Financial | 0.14% | ₹51.10 Cr | — | — | — |
| company:16324 | Healthcare | 0.09% | ₹32.54 Cr | — | — | — |
| company:298 | Automobile | 0.07% | ₹24.47 Cr | +0.42% | +1.77% | — |
| Linde India Ltd. | Chemicals | 0.04% | ₹14.22 Cr | +0.21% | +0.23% | +0.29% |
| Prestige Estates Projects Ltd. | Construction | 0.00% | ₹0.00 Cr | +0.47% | +0.58% | +1.23% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Others | 8.92% | 5.27% | -3.66% |
| company:17109 | 0.00% | 1.17% | +1.17% |
| Nifty 50 | 1.10% | 0.00% | -1.10% |
| company:20770 | 0.00% | 0.81% | +0.81% |
| company:20371 | 0.00% | 0.79% | +0.79% |
| Coromandel International Ltd. | 1.80% | 1.09% | -0.71% |
| PB Fintech Ltd. | 1.65% | 2.32% | +0.68% |
| Interglobe Aviation Ltd. | 0.22% | 0.85% | +0.62% |
| Apar Industries Ltd. | 2.18% | 2.73% | +0.55% |
| INDO-MIM Ltd. | 0.31% | 0.82% | +0.51% |
| Jindal Steel Ltd. | 0.50% | 0.00% | -0.50% |
| company:15106 | 0.00% | 0.49% | +0.49% |
| Hindustan Petroleum Corporation Ltd. | 0.84% | 0.38% | -0.46% |
| Dixon Technologies (India) Ltd. | 1.08% | 1.52% | +0.44% |
| Prestige Estates Projects Ltd. | 0.42% | 0.00% | -0.42% |
| Blue Star Ltd. | 0.88% | 0.48% | -0.40% |
| Eternal Ltd. | 1.61% | 2.00% | +0.39% |
| Lenskart Solutions Ltd. | 1.68% | 2.03% | +0.36% |
| BSE Ltd. | 1.27% | 0.92% | -0.35% |
| Bosch Ltd. | 0.25% | 0.59% | +0.35% |
| Abbott India Ltd. | 1.32% | 1.00% | -0.32% |
| Ather Energy Ltd. | 0.98% | 1.29% | +0.32% |
| Coforge Ltd. | 1.13% | 1.43% | +0.29% |
| Tube Investments Of India Ltd. | 0.72% | 0.45% | -0.27% |
| ITC Hotels Ltd. | 0.26% | 0.00% | -0.26% |
| PI Industries Ltd. | 0.74% | 0.48% | -0.26% |
| Endurance Technologies Ltd. | 0.25% | 0.00% | -0.25% |
| company:17810 | 0.00% | 0.25% | +0.25% |
| Swiggy Ltd. | 0.00% | 0.25% | +0.25% |
| Fortis Healthcare Ltd. | 3.44% | 3.21% | -0.23% |
| company:15039 | 0.00% | 0.23% | +0.23% |
| company:12475 | 0.00% | 0.23% | +0.23% |
| Voltas Ltd. | 0.75% | 0.53% | -0.22% |
| Torrent Power Ltd. | 1.30% | 1.09% | -0.21% |
| Schaeffler India Ltd. | 1.69% | 1.48% | -0.21% |
| AU Small Finance Bank Ltd. | 1.01% | 1.22% | +0.20% |
| company:6921 | 0.00% | 0.20% | +0.20% |
| Ipca Laboratories Ltd. | 2.03% | 2.23% | +0.20% |
| Cummins India Ltd. | 1.89% | 1.70% | -0.19% |
| Billionbrains Garage Ventures Ltd. | 0.50% | 0.69% | +0.19% |
| The Federal Bank Ltd. | 4.56% | 4.40% | -0.16% |
| Bharti Airtel Ltd. | 0.15% | 0.00% | -0.15% |
| Alkem Laboratories Ltd. | 1.49% | 1.34% | -0.15% |
| Bharat Forge Ltd. | 2.09% | 1.95% | -0.15% |
| company:896 | 0.00% | 0.14% | +0.14% |
| Page Industries Ltd. | 0.98% | 0.85% | -0.14% |
| JK Cement Ltd. | 1.40% | 1.27% | -0.13% |
| UNO Minda Ltd. | 1.47% | 1.60% | +0.13% |
| Marico Ltd. | 1.49% | 1.37% | -0.13% |
| Persistent Systems Ltd. | 0.12% | 0.00% | -0.12% |
| Multi Commodity Exchange Of India Ltd. | 1.16% | 1.27% | +0.11% |
| Bharat Heavy Electricals Ltd. | 1.85% | 1.95% | +0.10% |
| Bajaj Finance Ltd. | 1.28% | 1.38% | +0.10% |
| Bharat Electronics Ltd. | 0.48% | 0.38% | -0.10% |
| Indian Bank | 0.64% | 0.54% | -0.10% |
| Mahindra & Mahindra Financial Services Ltd. | 0.20% | 0.30% | +0.10% |
| Tata Communications Ltd. | 0.34% | 0.25% | -0.09% |
| company:16324 | 0.00% | 0.09% | +0.09% |
| FSN E-Commerce Ventures Ltd. | 1.65% | 1.74% | +0.09% |
| Supreme Industries Ltd. | 1.03% | 0.95% | -0.08% |
| K.P.R. Mill Ltd. | 0.88% | 0.96% | +0.08% |
| The Indian Hotels Company Ltd. | 2.35% | 2.28% | -0.07% |
| Sona BLW Precision Forgings Ltd. | 2.64% | 2.71% | +0.07% |
| company:298 | 0.00% | 0.07% | +0.07% |
| Bharti Hexacom Ltd. | 1.00% | 0.93% | -0.07% |
| Craftsman Automation Ltd. | 0.57% | 0.63% | +0.07% |
| ICICI Lombard General Insurance Company Ltd. | 1.03% | 0.97% | -0.06% |
| Anthem Biosciences Ltd. | 0.41% | 0.47% | +0.06% |
| Vishal Mega Mart Ltd. | 1.14% | 1.08% | -0.06% |
| The Phoenix Mills Ltd. | 2.19% | 2.13% | -0.06% |
| SRF Ltd. | 1.06% | 1.01% | -0.05% |
| Info Edge (India) Ltd. | 1.10% | 1.14% | +0.04% |
| GE Vernova T&D India Ltd | 2.31% | 2.35% | +0.04% |
| LG Electronics India Ltd. | 0.39% | 0.43% | +0.04% |
| Sundaram Finance Ltd. | 0.68% | 0.64% | -0.04% |
| 3M India Ltd. | 0.57% | 0.53% | -0.04% |
| Trent Ltd. | 0.53% | 0.49% | -0.04% |
| Lupin Ltd. | 0.04% | 0.00% | -0.04% |
| Kei Industries Ltd. | 0.43% | 0.39% | -0.03% |
| Torrent Pharmaceuticals Ltd. | 0.75% | 0.72% | -0.03% |
| ICICI Bank Ltd. | 1.82% | 1.79% | -0.03% |
| Cholamandalam Financial Holdings Ltd. | 0.49% | 0.46% | -0.03% |
| Solar Industries India Ltd. | 1.82% | 1.79% | -0.03% |
| TVS Motor Company Ltd. | 1.28% | 1.25% | -0.03% |
| Shriram Finance Ltd | 0.93% | 0.95% | +0.03% |
| CG Power and Industrial Solutions Ltd. | 0.86% | 0.89% | +0.03% |
| Premier Energies Ltd. | 1.54% | 1.52% | -0.02% |
| Axis Money Market Fund Direct-Growth | 0.90% | 0.88% | -0.02% |
| Mahindra & Mahindra Ltd. | 0.02% | 0.00% | -0.02% |
| Mankind Pharma Ltd. | 0.37% | 0.35% | -0.02% |
| Linde India Ltd. | 0.06% | 0.04% | -0.02% |
| Cholamandalam Investment and Finance Company Ltd. | 0.54% | 0.53% | -0.01% |
| Indusind Bank Ltd. | 0.43% | 0.42% | -0.01% |
| Astral Ltd. | 0.35% | 0.35% | +0.01% |
| Radico Khaitan Ltd. | 1.70% | 1.71% | +0.01% |
| Fine Organic Industries Ltd. | 0.42% | 0.43% | +0.01% |
| Mphasis Ltd. | 0.70% | 0.70% | 0.00% |
| L&T Finance Ltd. | 0.97% | 0.97% | 0.00% |
Compare
Similar funds
The rest of the category, so this fund’s numbers have something to sit against.
| Fund | AUM | Expense | 1Y | 3Y | 5Y |
|---|---|---|---|---|---|
| Category average | ₹13,775 Cr | 2.01% | 12.6% | 14.3% | 19.1% |
 Edelweiss Mid Cap Fund | ₹19,891 Cr | 1.86% | 4.8% | 10.7% | 17.2% |
 HSBC Midcap Fund | ₹17,188 Cr | 2.21% | 21.7% | 17.0% | 20.7% |
 Invesco India Mid Cap Fund | ₹15,905 Cr | 1.88% | 13.6% | 15.9% | 20.4% |
 ICICI Prudential Mid Cap Fund | ₹8,403 Cr | 1.83% | 9.3% | 13.6% | 17.9% |
 WhiteOak Capital Mid Cap Fund | ₹7,485 Cr | 2.25% | 13.5% | 14.5% | — |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
The scheme seeks to achieve long term capital appreciation by investing predominantly in equity & equity related instruments of Mid Cap companies.
Fund managers
- Nitin AroraMr. Arora has done M.Sc in Finance and InvestmentsPrior 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..
- Shreyash DevalkarMr. Devalkar is a B.Tech from UDCT Mumbai and PGDM (Management) from JBIMS Mumbai UniversityPrior 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.
Tools
Return calculator
What ₹10,000 a month in this fund would have grown to over each period, based on its past returns.
₹
| Over the past | Total investment | Would’ve become | Growth | Returns |
|---|---|---|---|---|
| 6 months12.28% absolute | ₹60,000 | ₹67,368 | 12.28% | |
| 1 year6.13% annualised | ₹1,20,000 | ₹1,24,060 | 3.38% | |
| 3 years15.24% annualised | ₹3,60,000 | ₹4,58,589 | 27.39% | |
| 5 years11.66% annualised | ₹6,00,000 | ₹8,17,164 | 36.19% |
Returns for 1 year and longer are annualised (CAGR); 6-month figures are absolute. Past returns are not a forecast.
How this is calculated
Each monthly instalment grows at the fund’s annualised return ÷ 12 per month until the end of the period, the same formula as our SIP calculator.
The amount compounds once a year at the fund’s CAGR for that period, the same formula as our lumpsum calculator.
Questions
Frequently asked questions
The things people ask about this scheme.
What is the NAV of Axis Midcap Fund?
The NAV of Axis Midcap Fund is ₹120.20 as on 24 Sep 2026.
What is the expense ratio of Axis Midcap Fund?
The expense ratio of Axis Midcap Fund is 1.75% per year.
What is the minimum SIP amount for Axis Midcap Fund?
You can start a SIP in Axis Midcap Fund with ₹3,000 a month.
What returns has Axis Midcap Fund given?
Axis Midcap Fund has returned 8.8% over 1 year, 9.9% over 3 years and 13.8% over 5 years (annualised).
Is there a lock-in or exit load on Axis Midcap Fund?
Lock-in: None. Exit load: Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 3 months..
How risky is Axis Midcap Fund?
Axis Midcap Fund is rated Very High on the SEBI riskometer and belongs to the Mid Cap category.
Which fund house manages Axis Midcap Fund?
Axis Midcap Fund is managed by Axis Mutual Fund, which runs 74 schemes with ₹3,77,445 Cr under management.