AXIS Nifty Midcap 50 Index Fund – Direct Growth

₹ 100
Min SIP
₹ 100
Min Lumpsum
0.23 %
Expense Ratio
Rating
82
Fund Size (in Cr)
3 Years
Fund Age
Mutual Fund SIP Calculator
Monthly Investment
Max: ₹1,00,000
Investment Period
Yrs
Max: 1 yrs
  • Invested Amount
    --
  • Wealth Gained
    --
  • Expected Amount
    --

Scheme Performance

Returns and Ranks ( as on 18 August 2023 )
1Y1Y 3Y3Y 5Y5Y MaxMax
Trailing Returns 26.8% - - 21.7%
Category Average 27.9% 34.2% 16.9% -

Scheme Allocation

By Holding
By Sector
By Asset
3.82%
Others
81.13%
View all Holdings
Holdings Sector Instrument Asset
Shriram Finance Finance Equity 4.98%
Trent Retail Equity 3.82%
AU Small Finance Banks Equity 3.47%
Indian Hotels Co Hotels & Restaurants Equity 3.43%
TVS Motor Co. Automobile Equity 3.17%
Federal Bank Banks Equity 3.15%
Power Fin.Corpn. Finance Equity 3%
IDFC First Bank Banks Equity 2.68%
Cummins India Capital Goods-Non Electrical Equipment Equity 2.63%
Ashok Leyland Automobile Equity 2.62%
REC Ltd Finance Equity 2.48%
Persistent Sys IT - Software Equity 2.41%
Bharat Forge Castings, Forgings & Fastners Equity 2.35%
Lupin Pharmaceuticals Equity 2.35%
Astral Plastic products Equity 2.3%
Aurobindo Pharma Pharmaceuticals Equity 2.29%
Polycab India Cables Equity 2.21%
Zee Entertainmen Entertainment Equity 2.21%
Tata Comm Telecomm-Service Equity 2.08%
MRF Tyres Equity 2.07%
Balkrishna Inds Tyres Equity 1.99%
Godrej Propert. Realty Equity 1.96%
Coforge IT - Software Equity 1.96%
Alkem Lab Pharmaceuticals Equity 1.92%
Max Financial Finance Equity 1.89%
Container Corpn. Logistics Equity 1.88%
Mphasis IT - Software Equity 1.87%
Jubilant Food. Quick Service Restaurant Equity 1.81%
Punjab Natl.Bank Banks Equity 1.81%
H P C L Refineries Equity 1.78%
Voltas Consumer Durables Equity 1.76%
M & M Fin. Serv. Finance Equity 1.74%
Petronet LNG Gas Distribution Equity 1.73%
Bandhan Bank Banks Equity 1.64%
Zydus Lifesci. Pharmaceuticals Equity 1.57%
Aditya Birla Cap Finance Equity 1.35%
S A I L Steel Equity 1.35%
NMDC Mining & Mineral products Equity 1.32%
Oberoi Realty Realty Equity 1.28%
Abbott India Pharmaceuticals Equity 1.26%
LIC Housing Fin. Finance Equity 1.24%
Biocon Pharmaceuticals Equity 1.12%
Bata India Leather Equity 1.1%
L&T Technology IT - Software Equity 1.09%
United Breweries Alcoholic Beverages Equity 1.08%
Escorts Kubota Automobile Equity 0.99%
Honeywell Auto Electronics Equity 0.93%
Oracle Fin.Serv. IT - Software Equity 0.89%
Gujarat Gas Miscellaneous Equity 0.81%
Vodafone Idea Telecomm-Service Equity 0.64%
Finance
14.79%
Banks
12.75%
Pharmaceuticals & Biotech
10.51%
Industrial Products
9.49%
IT-Software
7.13%
Others
45.33%
View all Sectors
Sectors Asset
Finance 14.79%
Banks 12.75%
Pharmaceuticals & Biotech 10.51%
Industrial Products 9.49%
IT-Software 7.13%
Leisure Services 5.24%
Auto Components 4.06%
Retailing 3.82%
Agricultural, Commercial 3.61%
Realty 3.24%
Automobiles 3.17%
Consumer Durables 2.86%
Telecom-Services 2.72%
Gas 2.54%
Entertainment 2.21%
Insurance 1.89%
Transport Services 1.88%
Petroleum Products 1.78%
Debt 1.42%
Ferrous Metals 1.35%
Minerals & Mining 1.32%
IT-Services 1.09%
Beverages 1.08%
Industrial Manufacturing 0.93%
Cash & Others -0.9%
Equity
99.46%
Reverse Repos
1.42%
Net Curr Ass/Net Receivables
-0.9%
Others
0.02%

Advance Ratio

-
Alpha
-
SD
-
Beta
-
Sharpe

Exit Load

Exit Load 0.25% - If redeemed / switched out within 7 days from the date of allotment. Nil - If redeemed / switched out above 7 days from the date of allotment.

Fund Objective

To provide returns before expenses that closely corresponds to the total returns of the NIFTY MIDCAP 50 subject to tracking errors. However, there can be no assurance that the investment objective of the Scheme will be achieved.

Fund Managers

Jinesh Gopani - Asset Under Management - Head of Equities, Axis Asset Management Ltd

With 20 years of work experience in fund management and content listing, Mr Jinesh Gopani is a prime part of Axis Mutual Fund. His current designation is Head of Equities, Axis Asset Management Ltd. He heads US$ 18 billion equity AUM (Asset Under Management) at Axis AMC. The AUM size of Axis Mutual Fund has increased at a CAGR (Compounded Annual Growth Rate) of 35% in the last three (3) years and 45% since its inception in 2009. His educational qualifications include a Master of Business Administration (MBA), MMS (Finance and Financial Management Services), and B.Com (Finance) from the University of Mumbai.

Mr Gopani joined Axis AMC in September 2009 as a Senior Fund Manager. He was promoted to his current role in September 2016. Before joining Axis AMC, he worked with Birla Sunlife as a Portfolio Manager and Voyager India Capital as Senior Research Analyst.

Under Mr Jinesh Gopani’s stewardship, Axis AMC has earned the coveted title of the No. 1 AMC in India. Incidentally, it was the 41st AMC in 2009. Mr Gopani manages fourteen (14) Axis Mutual Fund schemes, including Axis Long Term Equity Fund, Axis Focused 25 Fund, Axis Nifty Midcap 50 Index Fund, Axis NIFTY IT ETF, Axis Retirement Savings Fund, etc.

Risk-O-Meter

Peer Comparison

Fund Name

AMC Contact Details

Axis Mutual Fund
AUM:
2,48,980 Cr
Address:
Axis House, 1st Floor,C-2, Wadia international centre,Pandurang Budhkar Marg, Worli, Mumbai - 400025
Contact:
022-43255161
Email ID:
customerserivce@axismf.com

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Frequently Asked Questions

How to invest in AXIS Nifty Midcap 50 Index Fund – Direct Growth ?

You can invest in AXIS Nifty Midcap 50 Index Fund – Direct Growth in a quick and simple process. Follow the below steps;
  • Login to your 5paisa account, Go to the Mutual Funds section.
  • Search for AXIS Nifty Midcap 50 Index Fund – Direct Growth in the search box.
  • Click on "Start SIP" if you wish to do a SIP or click on “One-time” if you wish to invest a lumpsum amount then click on "Invest Now"

What is the NAV of AXIS Nifty Midcap 50 Index Fund – Direct Growth ?

The NAV of AXIS Nifty Midcap 50 Index Fund – Direct Growth is ₹13.1 as of 18 August 2023.

How to redeem AXIS Nifty Midcap 50 Index Fund – Direct Growth holding ?

You can go to your holding on the app and click on the fund name you will get two options Invest More and Redeem; click on redeem and enter the amount or units you desire to redeem or you can tick on “Redeem all units”.

What is the minimum sip amount of AXIS Nifty Midcap 50 Index Fund – Direct Growth?

The minimum SIP amount of AXIS Nifty Midcap 50 Index Fund – Direct Growth is ₹100

What are the top sectors AXIS Nifty Midcap 50 Index Fund – Direct Growth has invested in?

The top sectors AXIS Nifty Midcap 50 Index Fund – Direct Growth has invested in are
  1. Finance - 14.79%
  2. Banks - 12.75%
  3. Pharmaceuticals & Biotech - 10.51%
  4. Industrial Products - 9.49%
  5. IT-Software - 7.13%

Can I make investments in both the SIP and Lump Sum schemes of AXIS Nifty Midcap 50 Index Fund – Direct Growth?

Yes, You can select both SIP or Lumpsum investment of AXIS Nifty Midcap 50 Index Fund – Direct Growth based on your investment objective and risk tolerance.

How much returns have AXIS Nifty Midcap 50 Index Fund – Direct Growth generated ?

The AXIS Nifty Midcap 50 Index Fund – Direct Growth has delivered 21.7% since inception

What is the expense ratio of AXIS Nifty Midcap 50 Index Fund – Direct Growth ?

The expense ratio of AXIS Nifty Midcap 50 Index Fund – Direct Growth is 0.23 % as of 18 August 2023.

What is the AUM of AXIS Nifty Midcap 50 Index Fund – Direct Growth?

The AUM of AXIS Nifty Midcap 50 Index Fund – Direct Growth is ₹2,48,980 Cr as of 18 August 2023

What are the top stock holdings of AXIS Nifty Midcap 50 Index Fund – Direct Growth?

The top stock holdings of AXIS Nifty Midcap 50 Index Fund – Direct Growth are
  1. Shriram Finance - 4.98%
  2. Trent - 3.82%
  3. AU Small Finance - 3.47%
  4. Indian Hotels Co - 3.43%
  5. TVS Motor Co. - 3.17%

How can I redeem my investments in AXIS Nifty Midcap 50 Index Fund – Direct Growth?

Step 1: Visit the fund house's website
Step 2: Log in to your account by adding Folio No. and M-Pin
Step 3: Click on Widhrawal > Redemption
Step 4: Select AXIS Nifty Midcap 50 Index Fund – Direct Growth in Scheme, enter the redemption amount, and click on submit button.
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