Axis Midcap Fund Growth

Axis Midcap Fund Growth

Equity

Axis Mutual Fund

Mid-Cap

Get the latest NAV of Axis Midcap Fund Growth. 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.

₹112.07

▲1.5%1D

NAV as on 20 Jun 2025

18.36%/per year

Since Inception

Absolute Gain%

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Axis Midcap Fund Growth Performance vs. Nifty Midcap 150

Fund returns vs Benchmark returns vs Category Average returns as on (20-Jun-25)

The fund has outperformed the benchmark (Nifty Midcap 150) over 1Y, but underperformed over 3Y, 5Y.

Period
This Fund
Nifty Midcap 150
Category Avg
1 Month
4.22%
2.19%
3.44%
3 Months
11.86%
10.84%
11.73%
6 Months
0.71%
1.12%
-0.09%
1 Year
3.35%
2.65%
3.23%
3 Years
24.55%
29.17%
28.78%
5 Years
24.6%
30.83%
29.43%

Peer comparison

Fund Name
INDmoney Rank
AUM (in Crs.)
Expense Ratio
1Y Returns
3Y Returns
Inception Returns
Axis Midcap Fund Growth
-
30,502Cr
1.57%
3.35%
24.55%
18.36%
HDFC Mid Cap Opportunities Fund Direct Growth
1/19
79,718Cr
1.4%
5.57%
33.28%
17.79%
Edelweiss Mid Cap Fund Direct Growth
2/19
10,028Cr
1.7%
9.69%
32.74%
14.11%
Motilal Oswal Midcap Regular Fund
3/19
30,401Cr
1.58%
8.32%
36.05%
22.68%
See all

Axis Midcap Fund Growth Returns Calculator

Calculate SIP and lumpsum returns based on historical performance

  • 1-time

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Total Investment

0

Profit

Total Corpus

0

Absolute Return
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Axis Midcap Fund Growth Asset Allocation

See fund asset allocation details as on (14-Jun-25)

Fund Distribution

as on (14-Jun-25)

Equity 94.2%

Debt & Cash 5.9%

Mid cap
74.1%
Large cap
13.5%
Small cap
5.6%
Small Cap allocation has gone up from 4.8% to 5.6%
Small Cap allocation has gone up from 4.8% to 5.6%
Mid Cap allocation has gone up from 71.2% to 74.1%
Mid Cap allocation has gone up from 71.2% to 74.1%
Large Cap allocation has gone up from 13.1% to 13.5%
Large Cap allocation has gone up from 13.1% to 13.5%
Cash allocation has gone down from 10.1% to 5.8%
Cash allocation has gone down from 10.1% to 5.8%

Axis Midcap Fund Growth Sector Allocation

See fund sector allocation details as on (14-Jun-25)

Sector Allocation

Equity 94.2%

Debt & Cash 5.9%

Consumer Cyclical
22.5%
Industrial
17.6%
Financial Services
15.9%
Health
12.1%
Tech
11.3%
Basic Materials
10%
Real Estate
5%
Communication
2.2%
Utilities
1.8%
Consumer Defensive
1%
Energy
0.6%

Top 3 Sectors in May were Consumer Cyclical, Financial Services & Health

May'25

Consumer Cyclical

22%

Financial Services

17%

Industrial

15%

Apr'25

Consumer Cyclical

22%

Financial Services

17%

Health

13%

Axis Midcap Fund Growth Holdings Details

as on (31-May-25)

Equity

Top Stocks bought last month
GE Vernova T&D India Ltd's allocation increased from 1.07% to 1.77%
GE Vernova T&D India Ltd's allocation increased from 1.07% to 1.77%
Apar Industries Ltd's allocation increased from 0.56% to 1.1%
Apar Industries Ltd's allocation increased from 0.56% to 1.1%
Multi Commodity Exchange of India Ltd's allocation increased from 0.58% to 1.08%
Multi Commodity Exchange of India Ltd's allocation increased from 0.58% to 1.08%
Top Stocks sold last month
Fortis Healthcare Ltd's allocation decreased from 3.16 % to 3.08 %
Fortis Healthcare Ltd's allocation decreased from 3.16 % to 3.08 %
Coromandel International Ltd's allocation decreased from 2.99 % to 2.92 %
Coromandel International Ltd's allocation decreased from 2.99 % to 2.92 %
Indian Hotels Co Ltd's allocation decreased from 3.1 % to 2.75 %
Indian Hotels Co Ltd's allocation decreased from 3.1 % to 2.75 %

Axis Midcap Fund Growth Overview

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

Expense ratio1.57%
Benchmark
S&P BSE Midcap 150 TR INR
AUM₹30502 Cr
Inception Date18 February, 2011
Min Lumpsum/SIP₹100/₹100
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
28.63%
STCGSelling mutual fund before 1 year, returns taxed at 20%.
LTCGAfter 1 year, 12.5% tax on returns over ₹1.25 lakh/year.
Risk
Risk meter
pointer
Very High Risk

About Axis Midcap Fund Growth

Axis Midcap Fund Growth is an equity fund. This fund was started on 18 February, 2011. The fund is managed by Shreyash Devalkar. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. Axis Midcap Fund Growth has ₹30502 Cr worth of assets under management (AUM) as on May 2025 and is more than category average.
  2. The fund has an expense ratio 1.6.

Returns

Axis Midcap Fund Growth has given a CAGR return of 18.36% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 3.35%, 24.55% and 24.60% respectively.

Holdings

Axis Midcap Fund Growth has allocated its funds majorly in Cash Equivalent, Consumer Cyclical, Financial Services, Industrial, Basic Materials, Health, Tech, Real Estate, Communication, Utilities, Energy, Consumer Defensive. Its top holdings are Fortis Healthcare Ltd, Coromandel International Ltd, Indian Hotels Co Ltd, Solar Industries India Ltd, Persistent Systems 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 benefit
Dividends 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 Growth

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 Growth has no lock in period.

Fund Manager

Shreyash Devalkar

Fund Manager of Axis Midcap Fund Growth, since 23 November 2016

Learn more about Axis Mutual Fund
Parameters
May'25
Apr'25
Mar'25
AUM
₹ 30.5K Cr
₹ 28.8K Cr
₹ 28.1K Cr
  • AUM of the fund stands at 30.5K Cr as of May'25
  • AUM increased by 1.7K Cr between May'25 and Apr'25

Frequently Asked Questions for Axis Midcap Fund Growth

How do I invest in Axis Midcap Fund Growth?

INDmoney makes it simple to invest in the Axis Midcap Fund Growth. To do so, follow the steps below:
  • Download the INDmoney app.
  • Search for ‘Axis Midcap Fund Growth’.
  • 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 Midcap Fund Growth?

The NAV of the fund today is ₹112.07. 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 Midcap Fund Growth fund has generated a return of 3.35% in 1 year, 24.55% in 3 years, 24.60% in 5 years.

Who is the fund manager of Axis Midcap Fund Growth?

The fund managers are Shreyash Devalkar.

What is the exit load of the fund?

The exit load is 1% if redeemed in 0-12 Months. Exit load is a fee levied for ‘exiting’ the fund earlier than a stipulated period, usually 1 year.

What is the expense ratio of the fund?

The expense ratio is 1.57%. 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 ₹30502 Cr. AUM stands for Assets Under Management. It refers to the total assets managed by the fund.

What are the top holdings of Axis Midcap Fund Growth?

The top 3 holdings of the fund are Fortis Healthcare Ltd(3.08%), Coromandel International Ltd(2.92%), Indian Hotels Co Ltd(2.75%)