AXIS Midcap Fund - Direct (IDCW)
Mid Cap FundNAV
53.65(0.15%)Fund Size (CR)
₹28,809.45Expense Ratio
0.55Scheme Type
Active FundValue Research
Min. investment
₹100Minimum Additional Investment
₹100Minimum SIP Investment
₹100Minimum Withdrawal
₹1,000Exit Load
0%Return Since Launch
19.51%
- 3M
- 6M
- 1Y
- 3Y
- All
Basic Details
Scheme Manager
Shreyash Devalkar
Bench Mark
BSE Midcap 150 TRI
Type
OPEN
Lumpsum Returns
| Period Invested For | ₹10,000 Invested on | Latest Value | Absolute Returns | Annualised Returns | Category Avg | Rank within Category |
|---|---|---|---|---|---|---|
| 1 Week | 12 May 2025 | 10299.48 | 2.99% | - | 3.03% | 74/123 |
| 1 Month | 17 April 2025 | 10717.13 | 7.17% | - | 7.27% | 59/123 |
| 3 Month | 19 February 2025 | 11191.07 | 11.91% | - | 11.63% | 59/119 |
| 6 Month | 19 November 2024 | 10202.40 | 2.02% | - | 1.11% | 33/119 |
| 1 Year | 17 May 2024 | 11058.22 | 10.58% | 10.58% | 9.58% | 50/119 |
| 3 Year | 19 May 2022 | 18680.51 | 86.81% | 23.13% | 25.65% | 72/103 |
| 5 Year | 19 May 2020 | 33911.07 | 239.11% | 27.65% | 32.42% | 88/99 |
| Since Inception | 1 January 2013 | 90950.07 | 809.50% | 19.51% | 19.83% | 58/123 |
Note: Lumpsum Returns since Inception Date.
SIP Returns
| Period Invested For | ₹10,000 Invested on | Investments | Latest Value | Absolute Returns | Annualised Returns |
|---|---|---|---|---|---|
| 1 Year | 3 June 2024 | 1,20,000 | 270190.99 | 125.16% | 125.16% |
| 3 Year | 1 June 2022 | 3,60,000 | 963674.90 | 167.69% | 38.85% |
| 5 Year | 1 June 2020 | 6,00,000 | 1762458.62 | 193.74% | 24.05% |
| 10 Year | 1 June 2015 | 12,00,000 | 4550522.96 | 279.21% | 14.26% |
Note: SIP Returns since Inception Date.
Tax Treatment
If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh. Any cess/surcharge is not included.If sold before 1 year from purchase date, short term capital gain tax will be applicable. Current tax rate is 15%. Any cess/surcharge is not included in the 15%.
Mutual Funds Calculator
- Investment type
- Scheme based
- SIP
- Lumpsum
Invested Amount
₹25,000
Estimated Returns
₹19,059
76%
Returns
Future value of your investment
₹44,059
Risk Ratios
4.55%
Standard Deviation
0.98%
Beta
0.72%
Sharpe Ratio
0.03%
Treynor's Ratio
5.40%
Jension's Alpha
Asset Allocation
Sector Allocation
Top 10 stock holding in portfolio
| Stock Invested in | % of Total Holdings | Quantity | Value (Cr) | Asset Type | Segment |
|---|---|---|---|---|---|
| Fortis Health. | 3.16% | 13299371 | 911.74 | Equity | Healthcare |
| Indian Hotels Co | 3.10% | 11322169 | 891.85 | Equity | Hotels & Restaurants |
| Coromandel Inter | 2.99% | 3893484 | 862.10 | Equity | Fertilizers |
| Persistent Sys | 2.59% | 1401483 | 745.80 | Equity | IT - Software |
| Bharti Hexacom | 2.41% | 4111208 | 694.42 | Equity | Telecomm-Service |
| Solar Industries | 2.31% | 505242 | 665.50 | Equity | Aerospace & Defence |
| J K Cements | 2.16% | 1219314 | 623.40 | Equity | Cement |
| Federal Bank | 2.16% | 31591358 | 621.34 | Equity | Banks |
| Dixon Technolog. | 2.02% | 352870 | 580.54 | Equity | Consumer Durables |
| Lupin | 2.00% | 2754067 | 577.14 | Equity | Pharmaceuticals |
Peer Comparison
| Scheme Name | Value Research | Asset Size (Cr) | 1M | 3M | 6M | 1Y | 3Y |
|---|---|---|---|---|---|---|---|
| AXIS Midcap Fund - Direct (IDCW) | 28809.45 | 7.17% | 11.91% | 2.02% | 10.58% | 23.13% | |
| Invesco India Midcap Fund - Direct (G) | 6046.97 | 8.73% | 14.21% | 4.94% | 22.08% | 31.10% | |
| Invesco India Midcap Fund - Direct (IDCW) | 6046.97 | 8.73% | 14.15% | 4.88% | 22.03% | 31.08% | |
| Motilal Oswal Midcap Fund-Dir (G) | 27780.18 | 9.39% | 7.64% | -4.21% | 19.75% | 34.56% | |
| Motilal Oswal Midcap Fund-Dir (IDCW) | 27780.18 | 9.39% | 7.64% | -4.22% | 19.75% | 34.57% | |
| Edelweiss Mid Cap Fund - Direct (G) | 9241.96 | 7.07% | 12.76% | 2.67% | 18.74% | 30.69% |
List of Schemes under Axis Mutual Fund
News
Axis Mutual Fund announces change in Key Personnel
Axis Mutual Fund has announced that Mr. Nirman S Morakhia has been appointed as an Equity Dealer on the Board of the Trustee Company with effect from April 30, 2025.Details of Mr. Nirman S Morakhia,
Age: 40 years
Designation: Equity Dealer
Qualification : MBA Financial Market
Experience :17 years
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Axis Mutual Fund announces change in scheme name
Axis Mutual Fund has announced change in scheme name under the following scheme, With effect from 09 May 2025.Change in the name of the Scheme:
Existing Scheme Name Revised Scheme Name Axis Income Advantage Fund of Funds Axis Income Plus Arbitrage Active FOF Powered by Capital Market - Live News
Axis Mutual Fund announces change in Key Personnel
Axis Mutual Fund has announced that Mr. Namrata Chirag Shah has been appointed as an Chief Risk Officer Axis Asset Management Company Limited ('Axis AMC') with effect from March 18, 2025.Details of Mr. Namrata Chirag Shah
Age: 42 years
Designation: Chief Risk Officer
Qualification: Chartered Accountant, Bcom
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Fund House Details & Investment Objective
Date of Incorporation
1 January 2013
Total AUM (Cr)
₹28809.45
AXIS Midcap Fund - Direct (IDCW) is an Mid Cap Fund-oriented fund from the renowned AMC, Axis Mutual Fund. Launched in 1 January 2013, this fund is managed by Shreyash Devalkar. With assets under management (AUM) worth ₹28,809.45 (Cr), as of 19 May 2025, AXIS Midcap Fund - Direct (IDCW) is categorized as a Mid Cap Fund within its segment. The fund has generated a return of 19.51% since its launch.
The current NAV of AXIS Midcap Fund - Direct (IDCW) is ₹53.65, as on 19 May 2025. The fund's benchmark index is BSE Midcap 150 TRI. You can invest in AXIS Midcap Fund - Direct (IDCW) via both lumpsum and SIP modes. The minimum SIP amount in the fund is ₹100 while the minimum lumpsum investment is ₹100.
Being an open-ended fund, you can exit the fund anytime subject to applicable exit loads:
If redeemed/swich out within 12 months from the date of allotment, - For 10% of investments : Nil - For remaining investments : 1% NIL - If redeemed/switch out after 12 months from the date of allotment. The fund has generated 23.13% and 27.65% CAGR in the last 3 and 5 years respectively.
The fund aims to provide long-term capital appreciation and growth, by investing in a mix of financial instruments 89.97% in Equity, 9.41% in Debt and 0.64% in cash and cash equivalents.
The top 5 sectors the fund invests in are: 11.87% in Debt, 7.68% in Pharmaceuticals & Biotech, 6.85% in Auto Components, 6.78% in IT-Software, 5.84% in Finance
FAQs
How to Invest in AXIS Midcap Fund - Direct (IDCW) Direct Growth?
AXIS Midcap Fund - Direct (IDCW) is a popular fund in the Mid Cap Fund segment. The fund has generated a return of 19.51% since inception. Looking to invest in AXIS Midcap Fund - Direct (IDCW) How about earning 1% extra return? All this is possible with m.Stock! Investing in AXIS Midcap Fund - Direct (IDCW) is super easy and convenient with m.Stock. Here’s how you can begin:
- Login to your m.Stock account. If you do not have an account, open m.Stock Demat account and enjoy 1% extra returns plus Zero Brokerage on Mutual Funds, Delivery & IPO.
- In the ‘Menu’ section, under ‘Products’, select ‘Mutual Funds’ .
- In the search bar, enter the fund name, in this case, AXIS Midcap Fund - Direct (IDCW)
- On the top right corner you’ll see two options – Lumpsum and SIP. You can choose either based on your risk appetite and available investible corpus.
- If you choose to invest a Lumpsum: Use the Lumpsum Calculator to estimate returns, then enter the investment amount, select the payment mode mode (UPI or Netbanking), and click on ‘invest a lumpsum’. Make the payment and your lumpsum investment is complete.
- If you choose the SIP route: Utilize the SIP Calculator to forecast potential growth, then enter the SIP amount, SIP date, and set up ‘Autopay’ facility.
So, why wait? Invest in AXIS Midcap Fund - Direct (IDCW) today and reap the benefits of this Mid Cap Fund fund!
How much returns has AXIS Midcap Fund - Direct (IDCW) Direct Growth generated?
What is the expense ratio of AXIS Midcap Fund - Direct (IDCW) Direct Growth?
What is the AUM of AXIS Midcap Fund - Direct (IDCW) Fund Direct Growth?
How to redeem or withdraw money from AXIS Midcap Fund - Direct (IDCW) Direct Growth?
Redeeming or selling units of AXIS Midcap Fund - Direct (IDCW) is relatively simple. But before you redeem, ensure that the fund has completed the minimum lock-in period else you will be charged an exit load.
To redeem from AXIS Midcap Fund - Direct (IDCW):
- Login to your m.Stock account
- In portfolio, your mutual fund investments will be visible under ‘MF’
- Select the fund you wish to redeem from (in this case AXIS Midcap Fund - Direct (IDCW)).
- Click on ‘Redeem’ button
- You have 2 options – redeem by units and redeem by value (you can only redeem free units)
- Select units to be redeemed and click on submit.
- Redemption value will be credited to your account in 2-3 working days (as per timelines set by SEBI).