| MAY 2026 | APR 2026 | MAR 2026 | FEB 2026 | JAN 2026 | DEC 2025 | |
|---|---|---|---|---|---|---|
| Number of Holdings | 88 | 91 | 90 | 97 | 94 | 101 |
| Top 5 Company Holdings | 18.77% | 19.09% | 16.54% | 15.25% | 14.57% | 14.16% |
| Top 10 Company Holdings | 29.65% | 29.39% | 26.69% | 25.08% | 23.96% | 24.11% |
| Company with Highest Exposure | Nifty 50 (5.46%) | Nifty 50 (5.64%) | Nifty 50 (3.83%) | The Federal Bank (3.98%) | The Federal Bank (3.69%) | Fortis Healthcare (3.64%) |
| Number of Sectors | 16 | 16 | 16 | 16 | 16 | 16 |
| Top 3 Sector Holdings | 42.73% | 42.18% | 39.26% | 41.19% | 38.33% | 42.35% |
| Top 5 Sector Holdings | 62.92% | 62.07% | 59.23% | 61.56% | 57.06% | 61.15% |
| Sector with Highest Exposure | Services (15.18%) | Services (15.14%) | Services (13.79%) | Financial (15.52%) | Services (14.08%) | Services (15.57%) |
(Scheme Rating)
Axis Midcap Direct Plan-Growth
NAV as of Jun 12, 2026
135.681.80%
(Earn upto 0.93% Extra Returns with Direct Plan)
Investment Growth
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Axis Midcap Direct Plan-Growth Fund Details
Investment Objective - The scheme seeks to achieve long term capital appreciation by investing predominantly in equity & equity related instruments of Mid Cap companies.
| Fund House | Axis Mutual Fund |
| Launch Date | Jan 01, 2013 |
| Benchmark | BSE 150 MidCap Total Return Index |
| Return Since Launch | 18.54% |
| Riskometer | Very High |
| Fund Category | Equity: Mid Cap |
| Expense Ratio | 0.71%(0.72% Category average) |
| Fund Size | Rs. 32,852.13 Cr(6.52% of Investment in Category) |
| Type | Open-ended |
| Risk Grade | Below Average |
| Return Grade | Below Average |
Axis Midcap Direct Plan-Growth Investment Details
| Minimum Investment (Rs.) | 100.00 |
| Minimum Additional Investment (Rs.) | 100.00 |
| Minimum SIP Investment (Rs.) | 100.00 |
| Minimum Withdrawal (Rs.) | 1,000.00 |
| Exit Load Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 3 months. | |
Axis Midcap Direct Plan-Growth Fund Key Highlights
1. Current NAV: The Current Net Asset Value of the Axis Midcap Fund - Direct Plan as of Jun 12, 2026 is Rs 135.68 for Growth option of its Direct plan.
2. Returns: Its trailing returns over different time periods are: 4.55% (1yr), 18.11% (3yr), 15.31% (5yr) and 18.54% (since launch). Whereas, Category returns for the same time duration are: 3.0% (1yr), 18.87% (3yr) and 16.04% (5yr).
3. Fund Size: The Axis Midcap Fund - Direct Plan currently holds Assets under Management worth of Rs 32852.13 crore as on May 31, 2026.
4. Expense ratio: The expense ratio of the fund is 0.71% for Direct plan as on Jun 11, 2026.
5. Exit Load: Axis Midcap Fund - Direct Plan shall attract an Exit Load, "Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 3 months."
6. Minimum Investment: Minimum investment required is Rs 100 and minimum additional investment is Rs 100. Minimum SIP investment is Rs 100.
1. Current NAV: The Current Net Asset Value of the Axis Midcap Fund - Direct Plan as of Jun 12, 2026 is Rs 135.68 for Growth option of its Direct plan.
2. Returns: Its trailing returns over different time periods are: 4.55% (1yr), 18.11% (3yr), 15.31% (5yr) and 18.54% (since launch). Whereas, Category returns for the same time duration are: 3.0% (1yr), 18.87% (3yr) and 16.04% (5yr).
3. Fund Size: The Axis Midcap Fund - Direct Plan currently holds Assets under Management worth of Rs 32852.13 crore as on May 31, 2026.
4. Expense ratio: The expense ratio of the fund is 0.71% for Direct plan as on Jun 11, 2026.
5. Exit Load: Axis Midcap Fund - Direct Plan shall attract an Exit Load, "Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 3 months."
6. Minimum Investment: Minimum investment required is Rs 100 and minimum additional investment is Rs 100. Minimum SIP investment is Rs 100.
Axis Midcap Direct Plan-Growth Returns
Trailing Returns
Rolling Returns
Discrete Period
SIP Returns
1M 3M 6M 1Y 3Y 5Y Annualized Returns 1.81 7.04 2.64 4.55 18.11 15.31 Category Avg 1.62 7.51 0.68 3.00 18.87 16.04 Rank within Category 19 36 15 22 33 22 No. of funds within Category 74 72 70 62 49 32
Return Comparison
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- Nifty 50
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- 1M
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- 6M
- 1Y
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Portfolio Allocation
Asset Allocation
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Asset Allocation History
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EquityDebtCash
Sector Allocation
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Market Cap Allocation
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Concentration & Valuation Analysis
Top Stock Holdings
Sector Holdings in MF
Company Sector Assest(%) P/E EPS-TTM(₹) RETURN 1 YR(%) Nifty 50 Financial 5.46 - - - The Federal Bank Financial 3.83 - - - Fortis Healthcare Healthcare 3.54 - - - MCX Services 3.04 - - - GE Vernova T&D Capital Goods 2.9 - - - BSE Services 2.39 - - - Schaeffler India Capital Goods 2.22 - - - Cummins India Capital Goods 2.11 - - - Apar Industries Consumer Staples 2.09 - - - Solar Industries India Chemicals 2.07 - - -
Peer Comparison
Cumulative Returns
SIP returns
Discrete Returns
Quant Measures
Asset Allocation
Scheme Name NAV(Rs./Unit) Scheme Rating AUM(Rs. Cr) 1M 1Y 3Y 5Y Axis Midcap Direct Plan-Growth 135.68 32,852.13 1.81 4.55 18.11 15.31 HDFC Mid Cap Fund Direct-Growth 220.16 97,350.48 1.63 4.94 21.05 19.90 Edelweiss Mid Cap Direct Plan-Growth 123.03 16,848.60 1.35 5.33 23.96 20.20 WhiteOak Capital Mid Cap Fund Direct - Growth 21.72 5,732.44 2.29 10.31 24.97 - Nippon India Growth Mid Cap Fund Direct- Growth 4,788.48 47,415.41 1.39 6.52 23.43 20.60
Risk Ratios
Ratios are calculated using the calendar month returns for the last 3 years
Standard Deviation
Low Volatality
16.26VS18.09Fund Vs Category Avg
Beta
Low Volatality
0.84VS0.96Fund Vs Category Avg
Sharpe Ratio
Poor risk-adjusted returns
0.79VS0.82Fund Vs Category Avg
Treynor's Ratio
Poor risk-adjusted returns
15.20VS15.49Fund Vs Category Avg
Jensen's Alpha
Poor risk-adjusted returns
0.07VS0.39Fund Vs Category Avg
Mean Return
Poor average monthly returns
18.68VS20.78Fund Vs Category Avg
Risk Ratio Chart
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- Risk Ratio
- Category Average
Size of Bubbles represents the Fund Size
Axis Mutual Fund News
- Axis Mutual Fund removes exit load on largecap, flexicap and 1 more scheme; cuts holding period for midcap fund
- Top 4 debt mutual fund managers oversee over Rs 1 lakh crore AUM in March quarter.Check details
- Who are India’s biggest mutual fund managers? Check the top 10 names
- 6 mutual funds had over Rs 10,000 crore cash in their portfolios in April
Fund Manager
- S.J.Swapnil JangamSince Aug 2024
Mr. Jangam has done B.Com, CA and CFA Level III. Prior to Joining HDFC Mutual Fund, he has worked with M.P. Chitale and Co. and EY.
Scheme Name Category Nav(Rs./Unit) Scheme Rating Asset(Rs. Cr) 1Y HDFC Liquid Fund Regular-Growth Liquid 5,424.19 67,998.37 6.17
More Axis Mutual Fund
| Scheme Name | Rating | Asset Size(Cr) | 1M | 3M | 6M | 1Y | 3Y |
|---|---|---|---|---|---|---|---|
| Axis Liquid Fund Regular-Growth | 56,167.79 | 0.55 | 1.76 | 3.24 | 6.21 | 6.93 | |
| Axis Liquid Fund Retail-Growth | 56,167.79 | 0.51 | 1.63 | 2.99 | 5.69 | 6.40 | |
| Axis Midcap Fund Regular-Growth | 32,276.32 | -2.72 | 4.03 | 2.89 | 0.74 | 16.67 | |
| Axis ELSS Tax Saver Fund-Growth | 31,566.11 | -3.76 | -1.68 | -5.75 | -5.87 | 9.46 | |
| Axis Bluechip Fund-Growth | 30,498.17 | -3.23 | -3.71 | -7.92 | -6.63 | 8.32 | |
| Axis Small Cap Fund Regular-Growth | 27,363.97 | -3.19 | 6.84 | 2.38 | -1.22 | 14.83 | |
| Axis Money Market Fund Regular-Growth | 18,185.08 | 0.49 | 1.54 | 2.91 | 5.97 | 7.22 | |
| Axis Large & Mid Cap Fund Regular-Growth | 15,581.51 | -1.70 | 4.08 | -0.27 | 1.17 | 14.50 | |
| Axis Flexi Cap Fund Regular-Growth | 12,545.58 | -2.50 | 1.26 | -2.46 | -3.01 | 11.97 | |
| Axis Banking & PSU Debt Fund-Growth | 12,530.68 | 0.75 | 1.29 | 2.23 | 4.55 | 6.77 |
Mutual Fund Tools
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FAQs about Axis Midcap Direct Plan-Growth
- Is it safe to invest in Axis Midcap Fund - Direct Plan?As per SEBI’s latest guidelines to calculate risk grades, investment in the Axis Midcap Fund - Direct Plan comes under Very High risk category.
- What is the category of Axis Midcap Fund - Direct Plan?Axis Midcap Fund - Direct Plan belongs to the Equity : Mid Cap category of funds.
- How Long should I Invest in Axis Midcap Fund - Direct Plan?The suggested investment horizon of investing into Axis Midcap Fund - Direct Plan is >3 years. The suggested investment horizon is the minimum time required for holding investments in the fund to reduce its downside risk and ensure that the returns become more predictable.
- Who manages the Axis Midcap Fund - Direct Plan?The Axis Midcap Fund - Direct Plan is managed by Shreyash Devalkar (Since Nov 23, 2016) and Nitin Arora (Since Aug 03, 2023).
About Axis Midcap Direct Plan-Growth
1. Axis Midcap Fund - Direct Plan is Open-ended Mid Cap Equity scheme which belongs to Axis Mutual Fund House.
2. The fund was launched on Jan 01, 2013.
Investment objective & Benchmark
1. The investment objective of the fund is that " The scheme seeks to achieve long term capital appreciation by investing predominantly in equity & equity related instruments of Mid Cap companies. "
2. It is benchmarked against BSE 150 MidCap Total Return Index.
Asset Allocation & Portfolio Composition
1. The asset allocation of the fund comprises around 96.93% in equities, 7.5% in debts and -4.44% in cash & cash equivalents.
2. While the top 10 equity holdings constitute around 26.25% of the assets, the top 3 sectors constitute around 42.73% of the assets.
3. The fund largely follows a Growth oriented style of investing and invests across market capitalisations - around 0.0% in giant & large cap companies, 0.0% in mid cap and 0.0% in small cap companies.
Tax Implications on Axis Midcap Direct Plan-Growth
1. Gains are taxed at a rate of 15% (Short-term Capital Gain Tax - STCG) if units are redeemed within 1 year of investment.
2. For units redeemed after 1 year of investment, gains of upto Rs. 1 lakh accruing from those units in a financial year shall be exempted from tax.
3. Gains of more than Rs. 1 lakh will be taxed at a rate of 10% (Long-term Capital Gain Tax - LTCG).
4. For Dividend Distribution Tax, the dividend income from this fund will get added to the income of an investor and taxed according to his/her respective tax slabs.
5. Also, for dividend income in excess of Rs 5,000 in a financial year; the fund house shall deduct a TDS of 10% on such income.
1. Axis Midcap Fund - Direct Plan is Open-ended Mid Cap Equity scheme which belongs to Axis Mutual Fund House.
2. The fund was launched on Jan 01, 2013.
Investment objective & Benchmark
1. The investment objective of the fund is that " The scheme seeks to achieve long term capital appreciation by investing predominantly in equity & equity related instruments of Mid Cap companies. "
2. It is benchmarked against BSE 150 MidCap Total Return Index.
Asset Allocation & Portfolio Composition
1. The asset allocation of the fund comprises around 96.93% in equities, 7.5% in debts and -4.44% in cash & cash equivalents.
2. While the top 10 equity holdings constitute around 26.25% of the assets, the top 3 sectors constitute around 42.73% of the assets.
3. The fund largely follows a Growth oriented style of investing and invests across market capitalisations - around 0.0% in giant & large cap companies, 0.0% in mid cap and 0.0% in small cap companies.
Tax Implications on Axis Midcap Direct Plan-Growth
1. Gains are taxed at a rate of 15% (Short-term Capital Gain Tax - STCG) if units are redeemed within 1 year of investment.
2. For units redeemed after 1 year of investment, gains of upto Rs. 1 lakh accruing from those units in a financial year shall be exempted from tax.
3. Gains of more than Rs. 1 lakh will be taxed at a rate of 10% (Long-term Capital Gain Tax - LTCG).
4. For Dividend Distribution Tax, the dividend income from this fund will get added to the income of an investor and taxed according to his/her respective tax slabs.
5. Also, for dividend income in excess of Rs 5,000 in a financial year; the fund house shall deduct a TDS of 10% on such income.