Axis Nifty Midcap 50 Index Fund Direct Reinvestment Inc Dist cum Cap Wdrl

Axis Nifty Midcap 50 Index Fund Direct Reinvestment Inc Dist cum Cap Wdrl is an equity fund. This fund was started on 28 March, 2022. The fund is managed by Karthik Kumar. The fund could potentially beat inflation in the long-run.

1. Axis Nifty Midcap 50 Index Fund Direct Reinvestment Inc Dist cum Cap Wdrl has ₹474 Cr worth of assets under management (AUM) as on Sep 2025 and is more than category average.
2. The fund has an expense ratio 0.3.
   

Axis Nifty Midcap 50 Index Fund Direct Reinvestment Inc Dist cum Cap Wdrl has given a CAGR return of 22.10% since inception. Over the last 1 and 3 years the fund has given a CAGR return of -1.70% and 23.02% respectively.

Axis Nifty Midcap 50 Index Fund Direct Reinvestment Inc Dist cum Cap Wdrl has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Tech, Health, Consumer Cyclical, Real Estate, Energy, Basic Materials, Communication, Consumer Defensive, Utilities. Its top holdings are BSE Ltd, Max Healthcare Institute Ltd Ordinary Shares, Dixon Technologies (India) Ltd, PB Fintech Ltd, Coforge Ltd

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 benefit
Dividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.

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 for lump sum payment is INR 100.00 and for SIP is INR 100.00. Axis Nifty Midcap 50 Index Fund Direct Reinvestment Inc Dist cum Cap Wdrl has no lock in period.