Axis Midcap Fund Direct Pan Pyt of Inc Dis cum Cap Wdrl
Equity
Direct
Mid-Cap
NAV: ₹ 44.8 as on 21-09-2023
Fund Performance
111 people have invested ₹ 3.9L in Axis Midcap Fund Direct Pan Pyt of Inc Dis cum Cap Wdrl in the last three months
About the Fund
Axis Midcap Fund Direct Pan Pyt of Inc Dis cum Cap Wdrl is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Shreyash Devalkar. The fund could potentially beat inflation in the long-run.
Key Parameters
- Axis Midcap Fund Direct Pan Pyt of Inc Dis cum Cap Wdrl has ₹22665 Cr worth of assets under management (AUM) as on Aug 2023 and is more than category average.
- The fund has an expense ratio 0.5.
Axis Midcap Fund Direct Pan Pyt of Inc Dis cum Cap Wdrl Overview
 | 0.54% |
 Benchmark | S&P BSE Midcap TR INR |
 | ₹22665 Cr |
 | 1 January, 2013 |
 | ₹100/₹100 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 24.1% |
Fund Distribution as on (31-Aug-23)
Size breakup
Mid cap
67%
Large cap
24.4%
Small cap
0.8%
Sector Allocation
Consumer Cyclical
28.7%
Industrial
21.4%
Financial Services
17.9%
Basic Materials
13%
Tech
7%
Health
5.7%
Consumer Defensive
1.9%
Real Estate
1.7%
Communication
1.7%
Utilities
0.9%
Top Holdings of Axis Midcap Fund Direct Pan Pyt of Inc Dis cum Cap Wdrl as on (31-Aug-23)
Equity Holdings66
Debt Holdings2
Axis Midcap Fund Direct Pan Pyt of Inc Dis cum Cap Wdrl: Monthly Changes Updates
All changes are between Jun'23 and Aug'23
Fund Performance
- This fund’s returns stands at 2.57% whereas the fund’s underlying benchmark Nifty Midcap 150 returns stands at 3.84% as on Aug'23
- This fund underperformed Nifty Midcap 150 by 1.27% in Aug'23
AUM Change
- AUM of the fund stands at 22.7K Cr as of Aug'23
- AUM increased by 487 Cr between Aug'23 and Jul'23
Fund Portfolio Changes
Gainers & Losers in Axis Midcap Fund Direct Pan Pyt of Inc Dis cum Cap Wdrl portfolio Returns for the month of Aug
Top Growth Drivers | 1M Return |
|---|---|
 Supreme Industries Ltd | 25.2% |
 Trent Ltd | 20% |
 Persistent Systems Ltd | 11.7% |
Top Losers | 1M Return |
|---|---|
 Cummins India Ltd | -11.4% |
 Grindwell Norton Ltd | -6.7% |
 ICICI Bank Ltd | -3.6% |
Peer Analysis
Axis Midcap Fund Direct Pan Pyt of Inc Dis cum Cap Wdrl Fund Manager
Shreyash Devalkar
Fund Manager of Axis Midcap Fund Direct Pan Pyt of Inc Dis cum Cap Wdrl, since 23 November 2016
Top funds managed
Fund Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 19.03% since inception which is more than its category average return of 17.34%
Fund Allocations
This fund has an allocation of 92.2% in Equity, 0.06% in Debt and 7.74% in Cash related instruments
AUM size ₹22665 Cr
This fund has AUM of ₹22665 Cr which is more than its category average of ₹ 5918 Cr
Expense Ratio 0.54%
This fund has an expense ratio of 0.54% which is less than its category average expense ratio of 1.43%
Frequently Asked Questions
The current NAV of Axis Midcap Fund Direct Pan Pyt of Inc Dis cum Cap Wdrl is ₹44.78 as on 21-Sep-2023.
Existing (Absolute + CAGR) as on 21-Sep-2023.
Axis Midcap Fund Direct Pan Pyt of Inc Dis cum Cap Wdrl | Absolute Returns | CAGR Returns |
1 Month Returns | 4.42% | 4.42% |
6 Month Returns | 25.47% | 25.47% |
1 Year Returns | 13.89% | 13.89% |
3 Years Returns | 91.99% | 24.29% |
5 Years Returns | 131.03% | 18.23% |
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0.54% as on August 2023
₹22665 Cr as on August 2023
Supreme Industries Ltd(4.51%), Cholamandalam Investment and Finance Co Ltd(4.4%), Indian Hotels Co Ltd(3.75%), Trent Ltd(3.41%), ICICI Bank Ltd(3.13%) as on August 2023
Consumer Cyclical(26.45%), Industrial(19.74%), Financial Services(16.53%) as on August 2023
The alpha ratio for the Axis Midcap Fund Direct Pan Pyt of Inc Dis cum Cap Wdrl for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Axis Midcap Fund Direct Pan Pyt of Inc Dis cum Cap Wdrl | -4.09 | -0.12 | 3.53 |
As on August 2023
The alpha for Axis Midcap Fund Direct Pan Pyt of Inc Dis cum Cap Wdrl is calculated against S&P BSE Midcap TR INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the Axis Midcap Fund Direct Pan Pyt of Inc Dis cum Cap Wdrl for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Axis Midcap Fund Direct Pan Pyt of Inc Dis cum Cap Wdrl | 0.73 | 0.84 | 0.76 |
As on August 2023
The Beta for Axis Midcap Fund Direct Pan Pyt of Inc Dis cum Cap Wdrl is calculated with S&P BSE Midcap TR INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the Axis Midcap Fund Direct Pan Pyt of Inc Dis cum Cap Wdrl for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Axis Midcap Fund Direct Pan Pyt of Inc Dis cum Cap Wdrl | 0.75 | 1.34 | 0.67 |
As on August 2023
The sharpe ratio for Axis Midcap Fund Direct Pan Pyt of Inc Dis cum Cap Wdrl is calculated with S&P BSE Midcap TR INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the Axis Midcap Fund Direct Pan Pyt of Inc Dis cum Cap Wdrl for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Axis Midcap Fund Direct Pan Pyt of Inc Dis cum Cap Wdrl | 10.35 | 14.34 | 17.6 |
As on August 2023
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
Sortino ratio is 3.03 as on August 2023. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Shreyash Devalkar is the fund manager of Axis Midcap Fund Direct Pan Pyt of Inc Dis cum Cap Wdrl
The Exit load of Axis Midcap Fund Direct Pan Pyt of Inc Dis cum Cap Wdrl is 1%