Axis Nifty Midcap 50 Index Fund Direct Growth
Get the latest NAV of Axis Nifty Midcap 50 Index Fund Direct 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.
₹19.06
▲4.1%1D
NAV as on 12 May 2025
22.93%/per year
Since Inception
▲▼
9730 people have invested ₹ 1.7Cr in Axis Nifty Midcap 50 Index Fund Direct Growth in the last three months
Peer comparison
Axis Nifty Midcap 50 Index Fund Returns Calculator
Calculate SIP and lumpsum returns based on historical performance
Total Investment
0
Profit
Total Corpus
0
Axis Nifty Midcap 50 Index Fund Asset Allocation
as on (31-Mar-25)
Fund Distribution
as on (31-Mar-25)
Equity 100%
Axis Nifty Midcap 50 Index Fund Sector Allocation
as on (31-Mar-25)
Sector Allocation
Equity 100%
Top 3 Sectors in March were Financial Services, Industrial & Health
Financial Services
22%
Industrial
19%
Tech
14%
Financial Services
22%
Industrial
20%
Health
11%
Axis Nifty Midcap 50 Index Fund Holdings Details
as on (30-Apr-25)
Equity
Axis Nifty Midcap 50 Index Fund Direct Growth Overview
Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.
| Expense ratio | 0.26% |
Benchmark | Nifty Midcap 50 TR INR |
| AUM | ₹424 Cr |
| Inception Date | 28 March, 2022 |
| Min Lumpsum/SIP | ₹100/₹100 |
Exit Load | 0.2% |
| Lock In | No Lock-in |
TurnOver | 69.14% |
| STCG | Selling mutual fund before 1 year, returns taxed at 20%. |
| LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
| Risk |   Low Risk |
About Axis Nifty Midcap 50 Index Fund
Axis Nifty Midcap 50 Index Fund Direct Growth is an equity fund. This fund was started on 28 March, 2022. The fund is managed by . The fund could potentially beat inflation in the long-run.
Key Parameters
- Axis Nifty Midcap 50 Index Fund Direct Growth has ₹424 Cr worth of assets under management (AUM) as on Mar 2025 and is less than category average.
- The fund has an expense ratio 0.3.
Returns
Axis Nifty Midcap 50 Index Fund Direct Growth has given a CAGR return of 22.93% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 13.14% and 29.12% respectively.
Holdings
Axis Nifty Midcap 50 Index Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Tech, Health, Consumer Cyclical, Real Estate, Energy, Communication, Consumer Defensive, Basic Materials, Utilities. Its top holdings are BSE Ltd, Max Healthcare Institute Ltd Ordinary Shares, Dixon Technologies (India) Ltd, Persistent Systems Ltd, Indus Towers Ltd Ordinary Shares
Taxation
As it is a index funds 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 Nifty Midcap 50 Index Fund Direct Growth
To provide returns before expenses that closely corresponds to the total returns of the NIFTY MIDCAP 50 subject to tracking errors. However, there can be no assurance that the investment objective of the Scheme will be achieved.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. Axis Nifty Midcap 50 Index Fund Direct Growth has no lock in period.
- AUM of the fund stands at 396 Cr as of Mar'25
- AUM increased by 24.3 Cr between Mar'25 and Feb'25
More funds from Axis
3Y CAGR
▲ 26.98
3Y CAGR
▲ 26.40
3Y CAGR
▲ 26.15
5Y CAGR
▲ 33.08
5Y CAGR
▲ 26.41
Frequently Asked Questions for Axis Nifty Midcap 50 Index Fund Direct Growth
What is the current NAV of Axis Nifty Midcap 50 Index Fund Direct Growth?
What are the average returns of Axis Nifty Midcap 50 Index Fund Direct Growth?
Axis Nifty Midcap 50 Index Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 10.24% | 10.24% |
6 Month Returns | 2.57% | 2.57% |
1 Year Returns | 13.14% | 13.14% |
3 Years Returns | 115.25% | 29.12% |
How do I invest in Axis Nifty Midcap 50 Index Fund Direct Growth?
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
What is the expense ratio of Axis Nifty Midcap 50 Index Fund Direct Growth?
What is net assets under management (AUM) of Axis Nifty Midcap 50 Index Fund Direct Growth?
What are the top 5 holdings of Axis Nifty Midcap 50 Index Fund Direct Growth?
What are the top 3 sectors that this Axis Nifty Midcap 50 Index Fund Direct Growth has invested in?
What is the alpha of Axis Nifty Midcap 50 Index Fund Direct Growth?
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Axis Nifty Midcap 50 Index Fund Direct Growth | -0.38 | -0.51 | - |
What is the beta of Axis Nifty Midcap 50 Index Fund Direct Growth??
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Axis Nifty Midcap 50 Index Fund Direct Growth | 1 | 0.99 | - |
What is the sharpe ratio of Axis Nifty Midcap 50 Index Fund Direct Growth?
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Axis Nifty Midcap 50 Index Fund Direct Growth | 0.16 | 0.91 | - |
What is the standard deviation of Axis Nifty Midcap 50 Index Fund Direct Growth?
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Axis Nifty Midcap 50 Index Fund Direct Growth | 20.66 | 17.93 | - |