Axis Midcap Fund Direct Pan Reinvst of Inc Dis cum Cap Wdrl

Axis Midcap Fund Direct Pan Reinvst of Inc Dis cum Cap Wdrl

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Equity
Direct
Mid-Cap
NAV: ₹ 51.58 as on 23-02-2024
Fund Performance
zero opening, trading, fund transfer fee
73 people have invested ₹ 5.9L in Axis Midcap Fund Direct Pan Reinvst of Inc Dis cum Cap Wdrl in the last three months

About the Axis Midcap Fund Direct Pan Reinvst of Inc Dis cum Cap Wdrl

Axis Midcap Fund Direct Pan Reinvst 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

  1. Axis Midcap Fund Direct Pan Reinvst of Inc Dis cum Cap Wdrl has ₹24534 Cr worth of assets under management (AUM) as on Jan 2024 and is more than category average.
  2. The fund has an expense ratio 0.5.

Axis Midcap Fund Direct Pan Reinvst of Inc Dis cum Cap Wdrl Overview

Expense ratio
Expense ratio
0.52%
Benchmark
Benchmark
S&P BSE Midcap TR INR
AUM
AUM
₹24534 Cr
Inception Date
Inception Date
1 January, 2013
Min Lumpsum/SIP
Min Lumpsum/SIP
₹100/₹100
Exit Load
Exit Load
1%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
24.1%

Axis Midcap Fund Direct Pan Reinvst of Inc Dis cum Cap Wdrl Distribution as on (31-Jan-24)

  • Equity 94.9%

  • Debt & Cash 5.1%

Size breakup

Mid cap
70%
Large cap
23.1%
Small cap
1.8%
Sector Allocation

Jan'24

Dec'23

Nov'23

Consumer Cyclical
28.4%
Industrial
20.7%
Financial Services
14%
Basic Materials
11.1%
Health
9%
Tech
8.7%
Real Estate
2.6%
Utilities
1.9%
Communication
1.6%
Consumer Defensive
1.5%
Energy
0.6%

Top Holdings of Axis Midcap Fund Direct Pan Reinvst of Inc Dis cum Cap Wdrl as on (31-Jan-24)

  • Equity

  • Debt & Cash

Equity Holdings80
Debt Holdings2

Axis Midcap Fund Direct Pan Reinvst of Inc Dis cum Cap Wdrl: Monthly Changes Updates

All changes are between Nov'23 and Jan'24
Fund Performance
Jan'24
Dec'23
Nov'23
Fund Returns
0.41%
5.40%
7.38%
Nifty Midcap 150
4.14%
6.04%
9.75%
  • This fund’s returns stands at 0.41% whereas the fund’s underlying benchmark Nifty Midcap 150 returns stands at 4.14% as on Jan'24
  • This fund underperformed Nifty Midcap 150 by 3.73% in Jan'24
AUM Change
Parameters
Jan'24
Dec'23
Nov'23
AUM
₹ 24.5K Cr
₹ 24.6K Cr
₹ 23.5K Cr
  • AUM of the fund stands at 24.5K Cr as of Jan'24
  • AUM decreased by 30 Cr between Jan'24 and Dec'23
Fund Portfolio Changes

Gainers & Losers in Axis Midcap Fund Direct Pan Reinvst of Inc Dis cum Cap Wdrl portfolio Returns for the month of Jan

Axis Midcap Fund Direct Pan Reinvst of Inc Dis cum Cap Wdrl Fund Manager

Shreyash Devalkar
Shreyash Devalkar
Fund Manager of Axis Midcap Fund Direct Pan Reinvst of Inc Dis cum Cap Wdrl, since 23 November 2016

Axis Midcap Fund Direct Pan Reinvst of Inc Dis cum Cap Wdrl Highlights

Risk meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
About the fund

About the fund

This fund has delivered an average annual returns of 19.65% since inception which is more than its category average return of 19.16%
Fund Allocations

Fund Allocations

This fund has an allocation of 94.93% in Equity, 0% in Debt and 5.07% in Cash related instruments
AUM size ₹24534 Cr

AUM size ₹24534 Cr

This fund has AUM of ₹24534 Cr which is more than its category average of ₹ 7171 Cr
Expense Ratio 0.52%

Expense Ratio 0.52%

This fund has an expense ratio of 0.52% which is less than its category average expense ratio of 1.4%

Frequently Asked Questions

The current NAV of Axis Midcap Fund Direct Pan Reinvst of Inc Dis cum Cap Wdrl is ₹51.58 as on 23-Feb-2024.
Existing (Absolute + CAGR) as on 23-Feb-2024.
Axis Midcap Fund Direct Pan Reinvst of Inc Dis cum Cap Wdrl
Absolute Returns
CAGR Returns
1 Month Returns
5.87%
5.87%
6 Month Returns
16.99%
16.99%
1 Year Returns
38.1%
38.1%
3 Years Returns
74.72%
20.44%
5 Years Returns
177.78%
22.67%
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0.52% as on January 2024
₹24534 Cr as on January 2024
Trent Ltd(4.57%), Persistent Systems Ltd(4.09%), Indian Hotels Co Ltd(3.91%), Cholamandalam Investment and Finance Co Ltd(3.68%), Supreme Industries Ltd(3.65%) as on January 2024
Consumer Cyclical(26.91%), Industrial(19.62%), Financial Services(13.25%) as on January 2024
The alpha ratio for the Axis Midcap Fund Direct Pan Reinvst 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 Reinvst of Inc Dis cum Cap Wdrl
-4.85
-2.36
2.51
As on January 2024
The alpha for Axis Midcap Fund Direct Pan Reinvst 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 Reinvst 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 Reinvst of Inc Dis cum Cap Wdrl
0.7
0.8
0.74
As on January 2024
The Beta for Axis Midcap Fund Direct Pan Reinvst 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 Reinvst 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 Reinvst of Inc Dis cum Cap Wdrl
2.15
1.17
0.95
As on January 2024
The sharpe ratio for Axis Midcap Fund Direct Pan Reinvst 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 Reinvst 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 Reinvst of Inc Dis cum Cap Wdrl
11.15
13.7
16.93
As on January 2024
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 2.45 as on January 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Shreyash Devalkar is the fund manager of Axis Midcap Fund Direct Pan Reinvst of Inc Dis cum Cap Wdrl
The Exit load of Axis Midcap Fund Direct Pan Reinvst of Inc Dis cum Cap Wdrl is 1%