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

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

Equity
Direct
Index Funds

NAV: ₹ 9.9 as on 28-09-2022

Fund Performance
zero opening, trading, fund transfer fee
5 people have invested ₹ 11.5K in mutual fund in the last three months
About the Fund

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

Key parameters

1) Axis Nifty Midcap 50 Index Fund Direct Payout Inc Dist cum Cap Wdrl has a NAV of 9.9 as on 28-09-2022.

2) Axis Nifty Midcap 50 Index Fund Direct Payout Inc Dist cum Cap Wdrl has 29 Cr worth of assets under management (AUM) as on 31-07-2022 and is less than category average.

3) The fund has an expense ratio 0.23 %.

Fund Overview

Expense ratio
Expense ratio
0.23%
Benchmark
Benchmark
IISL Nifty Midcap 50 TR INR
AUM
AUM
₹29 Cr
Inception Date
Inception Date
28 March, 2022
Min Lumpsum/SIP
Min Lumpsum/SIP
₹5000/₹1000
Exit Load
Exit Load
0.25%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
0%

Fund Distribution

  • Equity 99.1%
  • Debt & Cash 0.9%
Size breakup
Mid cap
87.9%
Large cap
11.3%

Sector Allocation

Aug'22

Jul'22

Jun'22

Industrial

28.7%

Financial Services

22.9%

Consumer Cyclical

18.5%

Communication

6.2%

Tech

5.9%

Health

4.9%

Energy

3.9%

Basic Materials

3.4%

Utilities

2.2%

Real Estate

2%

Consumer Defensive

1.4%

Top Holdings

  • All
  • Equity
Total Holdings50
Equity Holdings50

What changed

in last one month
  • Scheme
  • Portfolio
AUM increased by 1.5 Cr in last 1M
Aug'22 return outperformed benchmark

Change in AUM

Aug'22
₹ 28.9 Cr
Jul'22
₹ 27.4 Cr
Jun'22
₹ 23.2 Cr

Fund Returns vs Benchmark

Aug'22
12.09%
8.93%
Jul'22
12.09%
8.93%
Jun'22
-5.96%
-4.49%
Fund Return
Benchmark Return

Concentration Analysis

Fund
Aug'22
Jul'22
Jun'22
No of Holdings
50
50
50
Top 5 Company Concentration
18.8%
19.3%
19.1%
Company having highest exposure
Bharat Electronics Ltd (4.5%)
Tata Power Co Ltd (4.7%)
Tata Power Co Ltd (4.7%)
No of Sectors
12
12
12
Top 5 Sectors Concentration
81.4%
78%
77.9%
Sector having highest exposure
Industrial (28.5%)
Industrial (25.5%)
Industrial (25.2%)

Fund Manager

Jinesh Gopani

Jinesh Gopani

Managing this fund since 28 March 2022

Top funds managed

Scheme
Annualised Returns(3Y)
Category Returns(3Y)
Axis Growth Opportunities Fund Direct Growth
22.28%
17.4%
Axis Focused 25 Fund Direct Plan Growth Option
11.9%
15.5%
Axis Long Term Equity Fund Direct Plan Growth Option
12.31%
15.78%

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

meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
Fund Allocations

Fund Allocations

This fund has an allocation of 99.13% in Equity, 0% in Debt and 0.87% in Cash related instruments
AUM size ₹29 Cr

AUM size ₹29 Cr

This fund has AUM of ₹29 Cr which is less than its category average of ₹ 469 Cr
Expense Ratio 0.23%

Expense Ratio 0.23%

This fund has an expense ratio of 0.23% which is less than its category average expense ratio of 0.54%

Frequently Asked Questions

The current NAV of Axis Nifty Midcap 50 Index Fund Direct Payout Inc Dist cum Cap Wdrl is 9.9.
Existing (Absolute + CAGR)
Axis Nifty Midcap 50 Index Fund Direct Payout Inc Dist cum Cap Wdrl
Absolute Returns
CAGR Returns
1 Month Returns
-3.93%
-3.93%
6 Month Returns
-1%
-1%
1 Year Returns
0%
0%
3 Years Returns
0%
0%
5 Years Returns
0%
0%
With INDmoney, the process of investing is very simple and involves zero commission.
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  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.
0.23 as on August 2022
29 Cr as on August 2022
Bharat Electronics Ltd(4.48%),Trent Ltd(3.85%),Page Industries Ltd(3.71%),AU Small Finance Bank Ltd(3.42%),Shriram Transport Finance Co Ltd(3.32%) as on August 2022
Industrial(28.46%),Financial Services(22.67%),Consumer Cyclical(18.32%) as on August 2022
The alpha ratio for the Axis Nifty Midcap 50 Index Fund Direct Payout Inc Dist cum Cap Wdrl for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
Axis Nifty Midcap 50 Index Fund Direct Payout Inc Dist cum Cap Wdrl
-
-
-
As on month end.
The alpha for Axis Nifty Midcap 50 Index Fund Direct Payout Inc Dist cum Cap Wdrl is calculated against IISL Nifty Midcap 50 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 Nifty Midcap 50 Index Fund Direct Payout Inc Dist cum Cap Wdrl for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
Axis Nifty Midcap 50 Index Fund Direct Payout Inc Dist cum Cap Wdrl
-
-
-
As on month end.
The Beta for Axis Nifty Midcap 50 Index Fund Direct Payout Inc Dist cum Cap Wdrl is calculated with IISL Nifty Midcap 50 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 Nifty Midcap 50 Index Fund Direct Payout Inc Dist cum Cap Wdrl for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
Axis Nifty Midcap 50 Index Fund Direct Payout Inc Dist cum Cap Wdrl
-
-
-
As on month end.
The sharpe ratio for Axis Nifty Midcap 50 Index Fund Direct Payout Inc Dist cum Cap Wdrl is calculated with IISL Nifty Midcap 50 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 Nifty Midcap 50 Index Fund Direct Payout Inc Dist cum Cap Wdrl for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
Axis Nifty Midcap 50 Index Fund Direct Payout Inc Dist cum Cap Wdrl
-
-
-
As on month end.
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.
Jinesh Gopani is the fund manager of Axis Nifty Midcap 50 Index Fund Direct Payout Inc Dist cum Cap Wdrl
The Exit load of Axis Nifty Midcap 50 Index Fund Direct Payout Inc Dist cum Cap Wdrl is 0.25%