Axis Midcap Direct Plan-Growth

Q: What are the returns of Axis Midcap Fund?

The Axis Midcap Fund is a 12 yrs 6 m old fund and has delivered average annual returns of 19.78% since inception. Axis Midcap Fund Returns 1-Year 3-Year 5-Year 10-Year Since Inception 6.47% 22.31% 25.65% 16.85% 19.78%

NAV as of Jul 21, 2025	Returns since inception	ET Money Rank	AUM (Fund size)
₹133.02+0.76% 1 day change	19.78% p.a.	#NA View Ranked Funds	₹28,063 Cr

Historical NAV & returns

NAV: ₹133.02 as on Jul 21, 2025

This fund Category average

Axis Midcap Fund overview

Expense ratio	0.54% as on May 31, 2025
Exit load	1.0% Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 12 months.!
AUM (Fund size)	₹28,063 Cr
Lock-in Period	Nil
Age	12 yrs 6 m since Jan 01, 2013
Benchmark	BSE 150 MidCap TRI
Min. investment	SIP: ₹100 & Lumpsum: ₹500
Risk	Very High
Short term capital gains (STCG)	Returns taxed at 20% if you redeem before 1 year
Long term capital gains (LTCG)	After 1 year, returns above ₹1.25 lakh in a financial year are taxed at 12.5%

Axis Midcap Fund Returns calculator

Investment type

Monthly investment

₹ 10,000

Investment period

Lumpsum investment

₹1 lakh

Investment period

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.

Total investment ₹ 12 lakh
Profit ₹12 lakhs
Total corpus ₹1 lakh
Absolute return 52.69%

Trailing returns as on Jul 22, 2025

Period	This fund	Category average
1 Month	0.25%	1.09%
3 Months	10.0%	10.49%
6 Months	12.51%	11.6%
1 Year	6.47%	6.27%
2 Years	24.51%	27.2%
3 Years	22.31%	25.32%
4 Years	17.51%	20.53%
5 Years	25.65%	30.02%
7 Years	19.66%	20.18%
10 Years	16.85%	17.06%

View returns in detail

Asset allocationas on Mar 31, 2025

Large Cap 14.57%

Mid Cap 69.04%

Small Cap 4.56%

Other Cap 0%

Top holdings

Fortis Healthcare Ltd.3.08%

Coromandel International Ltd.2.92%

The Indian Hotels Company Ltd.2.75%

Solar Industries India Ltd.2.6%

Top sectors

Services 13.28%

Capital Goods 12.619999999999997%

Healthcare 11.280000000000001%

Financial 9.660000000000002%

Credit quality

Bifurcation by Credit Quality is not available for this fund

Top Debt Holdings

Others 5.13%

Allocation by Instruments

CBLO 5.12962284%

Net Receivables 0.71675263%

Other Holdings

Others 0.72%

Detailed portfolio analysis

Peer comparison

Fund name	ETM Rank	AUM	Fund age	Expense ratio
Axis Midcap Fund	N.A.	28,063 Cr	12 yrs 6 m	0.54%
Motilal Oswal Midcap Fund	N.A.	30,401 Cr	11 yrs 5 m	0.7%
Nippon India Growth Mid Cap Fund	N.A.	36,836 Cr	12 yrs 6 m	0.72%
HDFC Mid Cap Fund	N.A.	79,718 Cr	12 yrs 6 m	0.77%
Kotak Midcap Fund	N.A.	53,464 Cr	12 yrs 6 m	0.42%
Edelweiss Mid Cap Fund	N.A.	10,028 Cr	12 yrs 6 m	0.4%

Fund name	1M	6M	1Y	3Y	5Y	10Y
Axis Midcap Fund	0.25%	12.51%	6.47%	22.31%	25.65%	16.85%
Motilal Oswal Midcap Fund	0.68%	9.38%	8.0%	32.43%	37.28%	18.64%
Nippon India Growth Mid Cap Fund	0.3%	11.83%	7.49%	28.82%	32.78%	18.23%
HDFC Mid Cap Fund	2.05%	11.97%	8.35%	30.22%	33.1%	18.8%
Kotak Midcap Fund	1.45%	12.72%	7.85%	25.76%	31.4%	19.23%
Edelweiss Mid Cap Fund	-0.32%	11.56%	11.52%	29.37%	33.91%	19.11%

Fund name	Std. deviation	Beta	Sharpe	Sortino
Axis Midcap Fund	15.12	0.86	1.2	1.6
Motilal Oswal Midcap Fund	17.94	0.9	1.5	1.76
Nippon India Growth Mid Cap Fund	15.86	0.95	1.49	2.1
HDFC Mid Cap Fund	14.62	0.87	1.66	2.26
Kotak Midcap Fund	15.95	0.92	1.31	1.68
Edelweiss Mid Cap Fund	16.19	0.95	1.52	2.0

View all Mid Cap funds

Key risk & return ratios Compared to other funds in the category

Alpha	-0.11 vs. 7.94 Underperformed at beating benchmark
Sharpe	1.2 vs. 8.52 Poor risk-adjusted returns
Beta	0.86 vs. 1.14 Less sensitive to market ups & downs
Standard deviation	15.12 vs. 13.36 More volatile performance

Compare Axis Midcap Fund in detail with

About this fund

About Axis Midcap Fund

Axis Midcap Direct Plan-Growth is a Mid Cap mutual fund scheme from Axis Mutual Fund. This fund has been in existence for 12 yrs 6 m, having been launched on 01/01/2013. Axis Midcap Direct Plan-Growth has ₹28,063 Crores worth of assets under management (AUM) as on 31/03/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of Axis Midcap Direct Plan-Growth as of 21/07/2025 is ₹133.02. The fund has an expense ratio of 0.54%, which is less than what most other Mid Cap funds charge.

Axis Midcap Direct Plan-Growth returns of last 1-year are 7.48%. Since launch, it has delivered 19.80% average annual returns. The fund has doubled the money invested in it every 4 yrs.
Axis Midcap Direct Plan-Growth scheme's ability to deliver returns consistently is in-line with most funds of its category. Its ability to control losses in a falling market is below average.
The fund has the majority of its money invested in Services, Capital Goods, Healthcare, Financial, Chemicals sectors. It has taken less exposure in Services, Capital Goods sectors compared to other funds in the category.
The fund's top 5 holdings are in Fortis Healthcare Ltd., Coromandel International Ltd., The Indian Hotels Company Ltd., Solar Industries India Ltd., Persistent Systems Ltd..

...

Fund AUM	28,063 Cr as on Mar 31, 2025
Scheme document	View Scheme Document

Fund managers

Shreyash Devalkar

Mr. Devalkar is a B.Tech from UDCT Mumbai and PGDM (Management) from JBIMS Mumbai University Prior 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.

Nitin Arora

Mr. Arora has done M.Sc in Finance and Investments Prior 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..

Investment objective

The scheme seeks to achieve long term capital appreciation by investing predominantly in equity & equity related instruments of Mid Cap companies.

Axis Mutual Fund details

No. of schemes	67 view all schemes
Total AUM	3,37,399 Cr as on Jun 30, 2025
Address	23rd Floor, One Lodha Place, S. B. Road, Lower Parel. Mumbai, 400013
Phone	022-24255161

More funds from Axis Mutual Fund

Fund name	ETM Rank	AUM	1Y	5Y
Axis Small Cap Fund	N.A.	22,736 Cr	9.78%	32.09%
Axis Large & Mid Cap Fund	N.A.	13,321 Cr	6.3%	24.71%
Axis Flexi Cap Fund	N.A.	12,040 Cr	8.16%	19.27%
Axis Nifty 100 Index Fund	N.A.	1,715 Cr	1.96%	18.98%
Axis ELSS Tax Saver Fund	N.A.	34,176 Cr	5.75%	17.72%

See all Equity funds from this AMC

Frequently asked questions

What is the current NAV of Axis Midcap Fund?

The current Net Asset Value (NAV) of the Axis Midcap Fund - Direct Growth plan is approximately ₹133.02 as of Jul 21, 2025.

What are the returns of this mutual fund scheme?

The Axis Midcap Fund is a 12 yrs 6 m old fund and has delivered average annual returns of 19.78% since inception.

Axis Midcap Fund Returns

1-Year	3-Year	5-Year	10-Year	Since Inception
6.47%	22.31%	25.65%	16.85%	19.78%

How much does this mutual fund charge as expense ratio?

The Axis Midcap Fund - Direct Growth has an expense ratio of 0.54%, which reflects the fund's management and operating costs. This percentage is subtracted from the fund's annual returns, impacting net returns for investors.

What is the AUM or fund size of this mutual fund?

The Axis Midcap Fund currently has assets under management (AUM) or fund size valued at approximately 28,063 Cr as on Mar 31, 2025.

What are the top stock holdings of Axis Midcap Fund?

The Axis Midcap Fund has invested the majority of its money in the stocks of the following companies -

Company	Percentage of Portfolio
Fortis Healthcare Ltd.	3.08%
Coromandel International Ltd.	2.92%
The Indian Hotels Company Ltd.	2.75%
Solar Industries India Ltd.	2.6%
Persistent Systems Ltd.	2.59%
Bharti Hexacom Ltd.	2.47%
JK Cement Ltd.	2.2%
The Federal Bank Ltd.	2.09%
Coforge Ltd.	1.92%
Premier Energies Ltd.	1.9%

What are the top sectors Axis Midcap Fund has invested in?

The Axis Midcap Fund has primarily invested in the following sectors

Sector	Percentage of Portfolio
Services	13.28%
Capital Goods	12.619999999999997%
Healthcare	11.280000000000001%
Financial	9.660000000000002%
Chemicals	8.56%
Automobile	7.58%
Technology	7.27%
Energy	4.38%
Materials	4.1499999999999995%
Construction	3.32%

What is risk level of Axis Midcap Fund?

This is a Mid Cap fund comes with Very High risk.

Is there any lock-in period in this mutual fund?

No, this fund does not have any lock-in period.

How do I invest in Axis Midcap Fund?

It is very fast, easy, and completely paperless in this mutual fund scheme on ET Money. It is just a matter of a few minutes. Here's how:

For the Desktop Version:

Click on the "Invest Now" button at the top right, then scan the QR code to download the app.

For the Mobile Version:

Click on the "Invest on App" button at the bottom to download the app.
Once the app is downloaded:
Sign-up and complete your one time KYC process, or log in if you're already registered.
Search for Axis Midcap Fund and choose the investment mode (Lump sum investment or a SIP). Then, enter your investment amount.
Fill in additional required details, including the bank account you'll use for payment, and confirm.

All set! Your investment in Axis Midcap Fund is complete.

How can I redeem my investments in Axis Midcap Fund?

Redeeming your investments in Axis Midcap Fund is super easy. If you have invested in this fund via ET Money, just login into the app, go to the investment section and put the redemption request.

If you have invested in Axis Midcap Fund from anywhere else, you can go to the fund house website and put a request through it.

ET Money rank

in Mid Cap

#NA

Return Outperformance: This fund has generated highest return amongst Mid Cap funds in the last 10 Years.
Return/Risk: For every unit of risk this fund takes, it produces 20% more returns.
Age: This is the 2nd oldest Mid Cap fund.
Return Consistency: This fund ranks lower in terms of generating consistent return in it's category.
Exit Load: Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 12 months.