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Axis Midcap Fund
Get the latest NAV of Axis Midcap Fund. 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.
₹133.44
1D
NAV as on 12 Feb 2026
18.96%/per year
Since Inception
▲▼
36254 people have invested ₹ 18.6Cr in Axis Midcap Fund in the last three months
Axis Midcap Fund Performance vs. Nifty Midcap 150
Fund returns vs Benchmark returns vs Category Average returns as on (12-Feb-26)
The fund has underperformed the benchmark (Nifty Midcap 150) over the last 1Y, 3Y, 5Y time periods.
Axis Midcap Fund Ranking and Peer Comparison
Ranked based on performance, risk management and cost efficiency
Ranked 12 out of 21 mutual funds in the mid-cap category as per INDmoney.
Axis Midcap Fund Returns Calculator
Calculate SIP and lumpsum returns based on historical performance
Total Investment
0
Profit
Total Corpus
0
Axis Midcap Fund Asset Allocation
See fund asset allocation details as on (14-Jan-26)
Fund Distribution
as on (14-Jan-26)
Axis Midcap Fund Sector Allocation
See fund sector allocation details as on (14-Jan-26)
Sector Allocation
Top 3 Sectors in December were Consumer Cyclical, Financial Services & Industrial
Consumer Cyclical
22%
Financial Services
20%
Industrial
20%
Consumer Cyclical
22%
Financial Services
20%
Industrial
19%
Axis Midcap Fund Holdings Details
as on (31-Jan-26)
Axis Midcap Fund Overview
Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.
| Expense ratio | 0.55% |
Benchmark | S&P BSE Midcap 150 TR INR |
| AUM | ₹30895 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹100/₹100 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 40.88% |
| Risk |   Very High Risk |
About Axis Midcap Fund
Axis Midcap Fund is a direct mutual fund scheme that invests primarily in mid-sized companies which generally have a market capitalization between Rs, 5000 crore to Rs 20,000 crore. These companies are usually smaller than large-cap companies but bigger than small-cap companies and provide investors an opportunity to earn double digit returns but also come with significant risk.The fund aims to generate long-term capital appreciation for its investors by investing in quality mid-cap stocks which have their presence in multiple sectors like construction, finance, pharma. By investing in Axis Midcap Fund, investors can diversify their portfolio and potentially benefit from the growth potential of mid-sized companies in India. Stocks such as IDFC First, Bharat Forge and AU Small Finance Bank are included in this fund.
Key Parameters
- Axis Midcap Fund has ₹30895 Cr worth of assets under management (AUM) as on Jan 2026 and is more than category average.
- The fund has an expense ratio 0.6.
Returns
Axis Midcap Fund has given a CAGR return of 18.96% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 16.49%, 20.76% and 17.75% respectively.
Holdings
Axis Midcap Fund has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Cyclical, Industrial, Health, Basic Materials, Tech, Communication, Real Estate, Utilities, Energy, Corporate. Its top holdings are The Federal Bank Ltd, Fortis Healthcare Ltd, Multi Commodity Exchange of India Ltd, Indian Hotels Co Ltd, Phoenix Mills Ltd
Taxation
As it is a mid-cap mutual fund the taxation is as follows:For short term (less than a year) capital gains will be taxed at 20%For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefitDividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.
Investment objective of Axis Midcap Fund
To achieve long term capital appreciation by investing predominantly in equity & equity related instruments of Mid Cap companies.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. Axis Midcap Fund has no lock in period.
Fund Manager
Krishnaa N
Fund Manager of Axis Midcap Fund, since 1 March 2024
Shreyash Devalkar
Fund Manager of Axis Midcap Fund, since 23 November 2016
Nitin Arora
Fund Manager of Axis Midcap Fund, since 3 August 2023
- AUM of the fund stands at 31.7K Cr as of Dec'25
- AUM decreased by 484.6 Cr between Dec'25 and Nov'25
Compare Axis Midcap Fund
Axis Midcap Fund
VS
HDFC Mid Cap Fund
Frequently Asked Questions for Axis Midcap Fund
How do I invest in Axis Midcap Fund?
- Download the INDmoney app.
- Search for ‘Axis Midcap 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.