Axis Midcap Direct Plan-Growth
(Scheme Rating)
NAV as of Feb 10, 2025
117.93-1.94%
- Growth - Direct
(Earn upto 1.03% Extra Returns with Direct Plan)
Fund Category:
Equity: Mid Cap
Expense Ratio:
0.55%(0.59% Category
average)Fund Size:
Rs. 30,828.75 Cr(7.82% of Investment in Category)
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Axis Midcap Direct Plan-Growth
(Scheme Rating)
NAV as of Feb 10, 2025
117.93-1.94%
Expense Ratio:
0.55%
Fund Size:
Rs. 30,828.75 Cr
Fund Category:
Equity: Mid Cap
1. Current NAV: The Current Net Asset Value of the Axis Midcap Fund - Direct Plan as of Feb 10, 2025 is Rs 117.93 for Growth option of its Direct plan.
2. Returns: Its trailing returns over different time periods are: 19.1% (1yr), 16.78% (3yr), 21.06% (5yr) and 19.6% (since launch). Whereas, Category returns for the same time duration are: 11.48% (1yr), 19.09% (3yr) and 22.71% (5yr).
3. Fund Size: The Axis Midcap Fund - Direct Plan currently holds Assets under Management worth of Rs 30828.75 crore as on Dec 31, 2024.
4. Expense ratio: The expense ratio of the fund is 0.55% for Direct plan as on Jan 25, 2025.
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 12 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 -5.44 -6.66 -5.83 17.29 15.79 20.60 Category Avg -6.84 -7.27 -6.02 11.48 19.09 22.71 Rank within Category 33 8 11 7 24 20 No. of funds within Category 57 56 52 49 34 27 - Loading...
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Return Comparison
- This Fund
- BenchmarkBSE 150 MidCap Total Return Index
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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 | 19.39% |
| Riskometer | Very High |
| Type | Open-ended |
| Risk Grade | Average |
| Return Grade | Low |
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 12 months. | |
Portfolio Allocation
Asset Allocation
Asset Allocation History
Sector Allocation
Market Cap Allocation
Concentration & Valuation Analysis
| JAN 2025 | DEC 2024 | NOV 2024 | OCT 2024 | SEP 2024 | AUG 2024 | |
|---|---|---|---|---|---|---|
| Number of Holdings | 95 | 97 | 98 | 98 | 101 | 100 |
| Top 5 Company Holdings | 14.12% | 15.5% | 14.61% | 14.16% | 14.66% | 14.36% |
| Top 10 Company Holdings | 23.82% | 25.37% | 25.0% | 24.87% | 26.41% | 25.92% |
| Company with Highest Exposure | Persistent Systems (3.19%) | Trent (3.54%) | Trent (3.43%) | Trent (3.64%) | Trent (3.62%) | Trent (3.5%) |
| Number of Sectors | 17 | 17 | 17 | 17 | 17 | 17 |
| Top 3 Sector Holdings | 34.85% | 35.65% | 34.01% | 34.57% | 35.5% | 35.42% |
| Top 5 Sector Holdings | 52.1% | 52.55% | 54.34% | 55.64% | 57.44% | 57.21% |
| Sector with Highest Exposure | Healthcare (12.44%) | Healthcare (12.18%) | Services (11.41%) | Capital Goods (11.71%) | Financial (11.99%) | Capital Goods (12.28%) |
Top Stock Holdings
Sector Holdings in MF
Company Sector Assest(%) P/E EPS-TTM(₹) RETURN 1 YR(%) Trent Services 3.62 96.16 54.37 38.23 Cholamandalam Investment and Finance Company Financial 3.07 27.08 48.39 20.09 Supreme Industries Materials 2.69 48.49 80.44 -3.11 The Indian Hotels Company Services 2.66 59.05 12.67 45.74 Persistent Systems Technology 2.62 68.83 84.68 38.77 Fortis Healthcare Healthcare 2.56 60.42 10.19 44.17 Sona BLW Precision Forgings Automobile 2.38 - - - UNO Minda Automobile 2.34 58.64 16.82 67.67 Cummins India Capital Goods 2.3 39.16 72.43 11.04 PI Industries Chemicals 2.17 30.53 112.00 1.14
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 117.93 30,828.75 -5.44 17.29 15.79 20.60 Motilal Oswal Midcap Fund Direct-Growth 108.77 24,488.00 -9.66 29.37 29.11 28.53 HDFC Mid-Cap Opportunities Direct Plan-Growth 193.17 73,510.09 -3.69 13.27 24.53 26.34 Invesco India Mid Cap Fund Direct-Growth 183.26 5,648.82 -7.05 20.93 22.03 24.87 Kotak Emerging Equity Fund Direct-Growth 139.48 53,078.98 -6.45 20.42 20.29 24.16
Risk Ratios
Ratios are calculated using the calendar month returns for the last 3 years
Standard Deviation
Standard Deviation
Standard deviation is the deviation of the fund's return around mean.
Low Volatality
14.78VS15.63Fund Vs Category Avg
Beta
Beta
Beta shows the portfolio risk in relation to the market. A beta of less than 1 means that the fund returns are less volatile compared to the broader market. A beta of more than 1 means that the fund returns are more volatile than the broader markets. A beta equal to 1 means that fund's volatility is in line with the broader market.
Low Volatality
0.84VS0.92Fund Vs Category Avg
Sharpe Ratio
Sharpe Ratio
Sharpe ratio is a risk adjusted performance measure. A fund with a higher Sharpe ratio is considered better than a fund with a lower Sharpe ratio.
Poor risk-adjusted returns
0.68VS0.87Fund Vs Category Avg
Treynor's Ratio
Treynor's Ratio
Treynor is a risk adjusted performance measure. A fund with a higher Treynor ratio is considered better than a fund with a lower Treynor ratio.
Poor risk-adjusted returns
12.04VS14.74Fund Vs Category Avg
Jensen's Alpha
Jensen's Alpha
Alpha shows the ability of the fund manager to outperform the market. A higher Alpha is preferred.
Poor risk-adjusted returns
-1.88VS0.41Fund Vs Category Avg
Mean Return
Mean Return
Average return generated by the fund during a specified period.
Poor average monthly returns
16.14VS19.62Fund Vs Category Avg
Risk Ratio Chart
- Risk Ratio
- Category Average
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Fund Manager
- S.D.Shreyash DevalkarSince Nov 20166 schemes
- N.A.Nitin AroraSince Aug 20233 schemes
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.
Scheme Name Category Nav(Rs./Unit) Scheme Rating Asset(Rs. Cr) 1Y Axis Multicap Fund Direct-Growth Multi Cap 17.21 7,034.33 18.50 Axis Growth Opportunities Fund Direct-Growth Large & MidCap 33.28 14,099.23 15.90 Axis ELSS Tax Saver Direct Plan-Growth ELSS 101.42 35,953.73 13.89 Axis Bluechip Fund Direct Plan-Growth Large Cap 65.47 33,126.83 11.71 Axis Consumption Fund Direct-Growth Thematic-Consumption 9.07 Unrated 4,391.15 - Axis India Manufacturing Fund Direct-Growth Thematic 12.82 Unrated 5,958.01 17.62 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..
Scheme Name Category Nav(Rs./Unit) Scheme Rating Asset(Rs. Cr) 1Y Axis Multicap Fund Direct-Growth Multi Cap 17.21 7,034.33 18.50 Axis Value Fund Direct-Growth Value Oriented 18.10 807.64 16.83 Axis India Manufacturing Fund Direct-Growth Thematic 12.82 Unrated 5,958.01 17.62
More Axis Mutual Fund
| Scheme Name | Rating | Asset Size(Cr) | 1M | 3M | 6M | 1Y | 3Y |
|---|---|---|---|---|---|---|---|
| Axis Liquid Direct Fund-Growth | 43,033.62 | 0.62 | 1.79 | 3.62 | 7.47 | 6.65 | |
| Axis ELSS Tax Saver Direct Plan-Growth | 35,953.73 | -0.67 | -3.76 | -3.52 | 13.89 | 9.34 | |
| Axis Bluechip Fund Direct Plan-Growth | 33,126.83 | -0.03 | -1.71 | -2.78 | 11.71 | 8.84 | |
| Axis Midcap Direct Plan-Growth | 30,828.75 | -5.44 | -6.66 | -5.83 | 17.29 | 15.79 | |
| Axis Small Cap Fund Direct-Growth | 24,758.17 | -4.92 | -6.31 | -2.64 | 11.64 | 18.16 | |
| Axis Money Market Fund Direct-Growth | 17,744.78 | 0.63 | 1.84 | 3.76 | 7.86 | 6.91 | |
| Axis Growth Opportunities Fund Direct-Growth | 14,099.23 | -2.06 | -4.42 | -3.09 | 15.90 | 14.95 | |
| Axis Focused Direct Plan-Growth | 13,068.33 | -1.54 | -4.63 | -4.47 | 9.99 | 5.72 | |
| Axis Banking & PSU Debt Direct Plan-Growth | 12,968.72 | 0.75 | 1.84 | 3.85 | 7.88 | 6.41 | |
| Axis Flexi Cap Fund Direct-Growth | 12,880.38 | -4.05 | -4.80 | -3.04 | 14.74 | 10.08 |
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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 91.44% in equities, 7.41% in debts and 1.15% in cash & cash equivalents.
2. While the top 10 equity holdings constitute around 26.41% of the assets, the top 3 sectors constitute around 35.65% 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.
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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).
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