Axis Medium Term Fund Direct Growth Option

Axis Medium Term Fund Direct Growth Option

Debt

Axis Mutual Fund

Medium Duration

Get the latest NAV of Axis Medium Term Fund Direct Growth Option. View historical returns compared to its benchmark and category average. Know which stocks and sectors the fund is investing in. Get an estimate of returns from the SIP and lump sum returns calculator. View detailed holding analysis and peer comparison. Get INDmoney ranking of the fund.

₹33.32

NAV as on 28 Aug 2026

8.56%/per year

Since Inception

Absolute Gain%

▲▼

247 people have invested ₹ 62.5L in Axis Medium Term Fund in the last three months

Axis Medium Term Fund Performance vs. Medium Duration Index

Fund returns vs Benchmark returns vs Category Average returns as on (28-Aug-26)

The fund has consistently outperformed the benchmark (Medium Duration Index) over the last 1Y, 3Y, 5Y time periods.

Period
1M
3M
6M
1Y
3Y
5Y
This Fund
0.37%
2.85%
3.37%
7.48%
8.52%
7.44%
Medium Duration Index
0.28%
2.28%
2.4%
5.59%
6.06%
6.92%
Medium Duration Avg
0.2%
2.4%
2.61%
6%
7.46%
6.61%
Best in Medium Duration
0.81%
3.17%
3.84%
9.63%
10.72%
12.82%
Worst in Medium Duration
0.36%
2.15%
2.05%
4.67%
6.2%
5.04%
Category Rank
2/8
3/8
1/8
3/8
3/8
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Peer comparison

Fund Name
INDmoney Rank
AUM (in Crs.)
Expense Ratio
1Y Returns
3Y Returns
3Y Alpha
3Y Beta
3Y Sharpe
3Y Sortino
3Y Info Ratio
Axis Medium Term Fund
5/8
2,098Cr
0.71%
7.48%
8.52%
1.26
0.84
1.31
2.81
2.31
Kotak Medium Term Fund
1/8
1,915Cr
0.67%
8.17%
9.11%
1.68
0.94
1.38
2.71
2.20
ICICI Prudential Medium Term Bond Fund
2/8
5,481Cr
0.73%
8.36%
8.59%
1.34
0.79
1.38
2.97
1.89
HSBC Medium Term Fund
3/8
687Cr
0.41%
6.38%
7.91%
0.78
0.86
0.96
1.98
1.24
See all

Axis Medium Term Fund Returns Calculator

Calculate SIP and lumpsum returns based on historical performance

  • 1-time

  • SIP

Total Investment

0

Profit

Total Corpus

0

Absolute Return
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Axis Medium Term Fund Asset Allocation

See fund asset allocation details as on (15-Aug-26)

Fund Distribution

as on (15-Aug-26)

Cash allocation has gone down from 3.8% to 2.1%
Cash allocation has gone down from 3.8% to 2.1%
Debt allocation has gone up from 92.5% to 94.1%
Debt allocation has gone up from 92.5% to 94.1%

Axis Medium Term Fund Sector Allocation

See fund sector allocation details as on (15-Aug-26)

Sector Allocation

Utilities
43.3%
Industrial
39.5%
Real Estate
13.1%
Financial Services
4.2%

Top 3 Sectors in July were Corporate, Financial Services & Utilities

Jul'26

Corporate

69%

Financial Services

32%

Utilities

32%

Jun'26

Corporate

67%

Financial Services

32%

Utilities

32%

Axis Medium Term Fund Overview

Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.

Expense ratio0.71%
Benchmark
Nifty Medium Duration Debt Index TR INR
AUM₹2098 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹100/₹100
Exit Load0%
Lock InNo Lock-in
TurnOver
262.48%
Risk
Risk meter
pointer
Moderately High risk

About Axis Medium Term Fund

Axis Medium Term Fund Direct Growth Option is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Akhil Thakker, Devang Shah, Sachin Jain. This fund is suitable to keep your money safe.

Key Parameters

  1. Axis Medium Term Fund has ₹2098 Cr worth of assets under management (AUM) as on Aug 2026 and is more than category average.
  2. The fund has an expense ratio 0.7.

Returns

Axis Medium Term Fund has given a CAGR return of 8.56% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 7.48%, 8.52% and 7.44% respectively.

Holdings

Axis Medium Term Fund has allocated its funds majorly in Corporate, Financial Services, Utilities, Industrial, Government, Real Estate, Cash Equivalent. Its top holdings are 6.94% Govt Stock 2036, Jubilant Beverages Limited, GMR Hyderabad International Airport Ltd, Tamilnadu State Development Loans, Jubilant Bevco Limited

Taxation

As it is a medium duration mutual fund the taxation is as follows:
If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:
Invested before 1 April 2023 and held for less than 24 months, STCG will be taxed at your income slab rate.
Invested before 1 April 2023 and held for more than 24 months, LTCG will be taxed at 12.5%.
Invested after 1 April 2023, capital gains will be taxed at your income slab rate.
Dividends will always be taxed at slab rate.

Investment objective of Axis Medium Term Fund

To generate optimal returns in the medium term while maintaining liquidity of the portfolio by investing in debt and money market instruments.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. Axis Medium Term Fund has no lock in period.

Fund Manager

Akhil Thakker

Fund Manager of Axis Medium Term Fund, since 1 February 2023

Devang Shah

Fund Manager of Axis Medium Term Fund, since 5 November 2012

Sachin Jain

Fund Manager of Axis Medium Term Fund, since 1 February 2023

Learn more about Axis Mutual Fund
Parameters
Jul'26
Jun'26
May'26
AUM
₹ 2.1K Cr
₹ 2.1K Cr
₹ 2.1K Cr
  • AUM of the fund stands at 2.1K Cr as of Jul'26
  • AUM decreased by 10.6 Cr between Jul'26 and Jun'26

Frequently Asked Questions for Axis Medium Term Fund Direct Growth Option

How do I invest in Axis Medium Term Fund?

INDmoney makes it simple to invest in the Axis Medium Term Fund. To do so, follow the steps below:
  • Download the INDmoney app.
  • Search for ‘Axis Medium Term Fund’.
  • Select whether you want to invest in SIP or lump sum.
  • Enter the amount you wish to invest.
  • Set up payments via bank mandate or UPI.

What is the current NAV of Axis Medium Term Fund?

The NAV of the fund today is ₹33.32. NAV or Net Asset Value is the per unit price of a mutual fund. For example, if the NAV of a fund is ₹10, it means you can get 1000 units of that mutual fund at ₹10,000.

What is the return on the fund?

Axis Medium Term Fund fund has generated a return of 7.48% in 1 year, 8.52% in 3 years, 7.44% in 5 years.

Who is the fund manager of Axis Medium Term Fund?

The fund managers are Akhil Thakker, Devang Shah, Sachin Jain.

What is the expense ratio of the fund?

The expense ratio is 0.71%. The Expense Ratio is a fee charged for managing the fund. This includes commissions, administrative costs etc.

What is the AUM of the fund?

The AUM of the fund is ₹2098 Cr. AUM stands for Assets Under Management. It refers to the total assets managed by the fund.

What are the top holdings of Axis Medium Term Fund?

The top 3 holdings of the fund are 6.94% Govt Stock 2036(10.79%), Jubilant Beverages Limited(3.47%), GMR Hyderabad International Airport Ltd(3.21%)