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.
₹22.41
▲0.4%1D
NAV as on 25 Aug 2026
20.07%/per year
Since Inception
▲▼
37432 people have invested ₹ 6.5Cr in Axis Nifty Midcap 50 Index Fund 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
See fund asset allocation details as on (15-Aug-26)
Fund Distribution
as on (15-Aug-26)
Axis Nifty Midcap 50 Index Fund Sector Allocation
See fund sector allocation details as on (15-Aug-26)
Sector Allocation
Top 3 Sectors in July were Financial Services, Industrial & Health
Financial Services
29%
Industrial
16%
Tech
13%
Financial Services
31%
Industrial
17%
Health
12%
Axis Nifty Midcap 50 Index Fund Holdings Details
as on (31-Jul-26)
Axis Nifty Midcap 50 Index Fund Overview
Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.
| Expense ratio | 0.29% |
Benchmark | Nifty Midcap 50 TR INR |
| AUM | ₹736 Cr |
| Inception Date | 28 March, 2022 |
| Min Lumpsum/SIP | ₹100/₹100 |
Exit Load | 0.2% |
| Lock In | No Lock-in |
TurnOver | 48.69% |
| 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 Rohit Gautam, Nandik Malik. The fund could potentially beat inflation in the long-run.
Key Parameters
- Axis Nifty Midcap 50 Index Fund has ₹736 Cr worth of assets under management (AUM) as on Aug 2026 and is more than category average.
- The fund has an expense ratio 0.3.
Returns
Axis Nifty Midcap 50 Index Fund has given a CAGR return of 20.07% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 12.93% and 18.75% respectively.
Holdings
Axis Nifty Midcap 50 Index Fund has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Tech, Health, Consumer Cyclical, Consumer Defensive, Communication, Basic Materials, Real Estate, Energy, Utilities. Its top holdings are BSE Ltd, The Federal Bank Ltd, Laurus Labs Ltd, Hero MotoCorp Ltd, Multi Commodity Exchange of India Ltd
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
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 has no lock in period.
Fund Manager
Rohit Gautam
Fund Manager of Axis Nifty Midcap 50 Index Fund, since 6 March 2026
Nandik Malik
Fund Manager of Axis Nifty Midcap 50 Index Fund, since 6 March 2026
- AUM of the fund stands at 735.8 Cr as of Jul'26
- AUM increased by 34.9 Cr between Jul'26 and Jun'26
Frequently Asked Questions for Axis Nifty Midcap 50 Index Fund Direct Growth
How do I invest in Axis Nifty Midcap 50 Index Fund?
- Download the INDmoney app.
- Search for ‘Axis Nifty Midcap 50 Index Fund’.
- Select whether you want to invest in SIP or lump sum.
- Enter the amount you wish to invest.
- Set up payments via bank mandate or UPI.