Axis Midcap Fund Direct Plan Growth
Axis Midcap Fund Direct Plan Growth

Axis Midcap Fund Direct Plan Growth

Equity
Direct
Very High Risk
Mid-Cap

NAV: ₹ 78.2 as on 17-08-2022

INDmoney Rank

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3
/18
68% Performance
57% Risk Management
92% Cost
3 out of 18 among mid-cap
Pros
Generated Consistent Returns
Lower volatility within category
Recovers losses quickly
Cons
No bad points found for this fund.
About the Fund

Axis Midcap Fund Direct Plan Growth is an equity fund. This fund was started on  1 January, 2013. The fund is managed by Hitesh Das, Shreyash Devalkar. The fund could potentially beat inflation in the long-run.

Key parameters

1) Axis Midcap Fund Direct Plan Growth has a NAV of 78.16 as on 17-08-2022.

2) Axis Midcap Fund Direct Plan Growth has 18677 Cr worth of assets under management (AUM) as on 30-06-2022 and is more than category average.

3) The fund has an expense ratio 0.51 %.

Fund Overview

Expense ratio
Expense ratio
0.51%
Benchmark
Benchmark
S&P BSE Midcap TR INR
AUM
AUM
₹18677 Cr
Inception Date
Inception Date
1 January, 2013
Min Lumpsum/SIP
Min Lumpsum/SIP
₹5000/₹500
Exit Load
Exit Load
1%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
28.41%

Fund Distribution

  • Equity 88.1%
  • Debt & Cash 11.9%
Size breakup
Mid cap
65.9%
Large cap
19.6%
Small cap
2.5%
Sector Allocation
Consumer Cyclical25%
Financial Services17.8%
Industrial15.1%
Tech14.1%
Basic Materials13%
Health6.7%
Consumer Defensive3.3%
Utilities3.3%
Communication1.6%
Real Estate0.3%

Top Holdings

  • All
  • Equity
  • Debt & Cash
Total Holdings25
Equity Holdings20
Debt Holdings5
Holdings
Weight%
No. of Shares (4M)
1M Change
icon
Clearing Corporation Of India Ltd
11.4%
0%
icon
Cholamandalam Investment and Finance Co Ltd
4.1%
-7.8%
icon
ICICI Bank Ltd
4%
0%
icon
Trent Ltd
3.2%
1.2%
icon
Bajaj Finance Ltd
3%
0%

What changed

in last one month
  • Scheme
  • Portfolio
AUM increased by 2.1K Cr in last 1M
Jul'22 return outperformed benchmark

Change in AUM

Jul'22
₹ 18.7K Cr
Jun'22
₹ 16.6K Cr
May'22
₹ 17.2K Cr

Fund Returns vs Benchmark

Jul'22
11.35%
11.08%
Jun'22
-5.08%
-5.75%
Fund Return
Benchmark Return

Concentration Analysis

Fund
Jun'22
May'22
Apr'22
No of Holdings
71
67
70
Top 5 Company Concentration
16.5%
17.2%
18%
Company having highest exposure
Cholamandalam Investment and Finance Co Ltd (4.4%)
Cholamandalam Investment and Finance Co Ltd (4.7%)
Cholamandalam Investment and Finance Co Ltd (4.9%)
No of Sectors
11
11
11
Top 5 Sectors Concentration
76.7%
76.2%
76.7%
Sector having highest exposure
Consumer Cyclical (22.4%)
Consumer Cyclical (21.2%)
Consumer Cyclical (21%)

Fund Manager

Hitesh Das

Hitesh Das

Managing this fund since 18 December 2020
Years of Experience
0
Years of Experience

Top funds managed

Scheme
Annualised Returns(3Y)
Category Returns(3Y)
Axis Bluechip Fund Direct Plan Growth
17.07%
17.88%
Axis Focused 25 Fund Direct Plan Growth Option
17.06%
19.38%
Axis Midcap Fund Direct Plan Growth
27%
26.06%
Shreyash Devalkar

Shreyash Devalkar

Managing this fund since 23 November 2016
Years of Experience
16
Years of Experience

Top funds managed

Scheme
Annualised Returns(3Y)
Category Returns(3Y)
Axis Bluechip Fund Direct Plan Growth
17.07%
17.88%
Axis Midcap Fund Direct Plan Growth
27%
26.06%
Axis Flexi Cap Fund Direct Growth
18.31%
19.28%

AMC details

Address
Axis Asset Management Company Ltd.,Axis House, 1st Floor, C-2, Wadia International Centre,,Pandurang Budhkar Marg, Worli,
Phone
+912243255161
Fund House
Axis Asset Management Company Limited

Fund Highlights

About the fund

About the fund

This fund has delivered an average annual returns of 19.84% since inception which is more than its category average return of 15.85%
Fund Allocations

Fund Allocations

This fund has an allocation of 88.13% in Equity, 0.6% in Debt and 11.27% in Cash related instruments
AUM size ₹18677 Cr

AUM size ₹18677 Cr

This fund has AUM of ₹18677 Cr which is more than its category average of ₹ 4449 Cr
Expense Ratio 0.51%

Expense Ratio 0.51%

This fund has an expense ratio of 0.51% which is less than its category average expense ratio of 1.54%
meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk

Frequently Asked Questions

What are the average returns of Axis Midcap Fund Direct Plan Growth Fund ?

What is the current NAV of Axis Midcap Fund Direct Plan Growth Fund?

How do I invest in Axis Midcap Fund Direct Plan Growth Fund?

What is the expense ratio of Axis Midcap Fund Direct Plan Growth fund?

What is the worth of total assets under management (AUM) of Axis Midcap Fund Direct Plan Growth fund ?

What are the top holdings of Axis Midcap Fund Direct Plan Growth Fund?

What are the top sectors Axis Midcap Fund Direct Plan Growth Fund has invested in?