3 Year return

21.93%
20222022Jul '22Jul '2220232023Jul '23Jul '2320242024
Launched on January 2013 (12 years)

Investment Details

₹100

Minimum SIP Amount

₹100

Minimum one time investment

Fund has no lock-in period

Calculate Returns

Based on past performance of this fund

ENTER AMOUNT

Your Investment ₹3,600
Gain
  • 42.31%
  • ₹1,523
  • Total Value
  • ₹5,123

Risk Involved

scale

Your principal will be at

Very High Risk

Scheme Information

Asset Under Management

₹26636.78 Cr.

Expense Ratio

0.52% (inclusive of GST)

Exit Load

If redeemed/swich out within 12 months from the date of allotment, - For 10% of investments : Nil - For remaining investments : 1% NIL - If redeemed/switch out after 12 months from the date of allotment.

Ratings

ARQ Rating
1.5

Ratings by other agencies

5
3
4

Tax Implications

Withdrawal within 1 year

Exit load + 15% tax on gains

Withdrawal after 1 year

10% tax on gains over ₹1 Lakh per financial year

Fund Holdings

Holdings
₹26636.78Crores
Top Holdings% of Asset
Trent4.42 %
C C I3.78 %
Supreme Inds.3.73 %
Indian Hotels Co3.69 %
Cummins India3.44 %
Others80.92 %
Other Holdings% of Asset
Cholaman.Inv.&Fn3.04 %
Phoenix Mills2.69 %
ICICI Bank2.49 %
Schaeffler India2.42 %
Uno Minda2.37 %
CG Power & Indu.2.36 %
Sona BLW Precis.2.34 %
Astral2.31 %
Fortis Health.2.19 %
P I Industries2.05 %
Sundaram Finance1.98 %
Persistent Sys1.95 %
A B B1.93 %
TVS Motor Co.1.83 %
Coromandel Inter1.8 %
J K Cements1.66 %
Abbott India1.63 %
PB Fintech.1.6 %
Alkem Lab1.46 %
Linde India1.43 %
Avenue Super.1.42 %
Tata Power Co.1.34 %
Federal Bank1.31 %
Voltas1.3 %
Coforge1.26 %
Bharat Electron1.26 %
Apar Inds.1.21 %
Solar Industries1.18 %
Max Healthcare1.17 %
Lupin1.1 %
Bharti Hexacom1.09 %
Grindwell Norton1.03 %
Bajaj Finance0.97 %
Balkrishna Inds0.95 %
Tata Comm0.93 %
Net CA & Others0.9 %
Indian Bank0.88 %
3M India0.88 %
Dixon Technolog.0.84 %
Motherson Wiring0.84 %
Endurance Tech.0.71 %
SKF India0.67 %
Jindal Steel0.67 %
K P R Mill Ltd0.65 %
ZF Commercial0.65 %
Torrent Power0.63 %
Oberoi Realty0.61 %
Zomato Ltd0.58 %
Carborundum Uni.0.58 %
Ipca Labs.0.55 %
Bharat Dynamics0.52 %
H P C L0.52 %
Prestige Estates0.52 %
St Bk of India0.52 %
Fine Organic0.51 %
Hind.Aeronautics0.51 %
Mankind Pharma0.51 %
Jubilant Food.0.51 %
Bata India0.51 %
Bharat Forge0.5 %
NHPC Ltd0.5 %
ICICI Lombard0.49 %
Mphasis0.43 %
M & M Fin. Serv.0.42 %
L&T Finance Ltd0.4 %
Timken India0.4 %
Samvardh. Mothe.0.38 %
Honeywell Auto0.38 %
Tata Technolog.0.36 %
Page Industries0.32 %
Power Grid Corpn0.3 %
CreditAcc. Gram.0.29 %
J B Chem & Pharm0.23 %
KEI Industries0.18 %
Torrent Pharma.0.18 %
Sumitomo Chemi.0.18 %
Vedant Fashions0.15 %
C C I0.14 %
Ajanta Pharma0.1 %
Jindal Stain.0.09 %
Tata Chemicals0.08 %
Hitachi Energy0.06 %
Sundram Fasten.0.04 %

Axis Mutual Fund Managers

SD

Shreyash Devalkar

Fund Manager since Dec 2023

View Details

Fund House Details

Axis Mutual Fund

Axis Mutual Fund Asset management company

AUM ₹275,166.00 Cr.
No. of Schemes 248
Setup Date January 2009

Peer Comparison

Comparison with other similar funds

Schemes by Axis Mutual Fund

List of mutual fund schemes by AMC

About the Axis Midcap Fund Direct Plan IDCW Reinvestment

The Axis Midcap Fund Direct Plan IDCW Reinvestment is a mid-cap equity mutual fund managed by Axis Mutual Fund. It is a direct plan, which means that there are no brokerage fees involved when you invest in the fund. Mid-cap companies are those with a market capitalization of between ₹5,000 crores and ₹20,000 crores. This fund aims to provide long-term capital appreciation by investing in a diversified portfolio of mid-cap companies. The fund is managed by Axis Mutual Fund, one of the largest mutual fund companies in India.

Investment Objective of the Scheme

The investment objective of the Axis Midcap Fund Direct Plan IDCW Reinvestment is to provide long-term capital appreciation by investing in a diversified portfolio of mid-cap companies. The fund does not provide regular income as it focuses on reinvesting the earnings to increase the compounding effect over time.

Key Features of The Fund

5-year return 23.88%
Expense Ratio 0.52%
Fund Manager Shreyash Devalkar
Fund Size ₹26636.78 Cr
Risk Profile Very High

Is This Scheme Right for Me?

The Axis Midcap Fund Direct Plan IDCW Reinvestment is a good option for investors who are looking for long-term capital appreciation and who are willing to take on some medium-level risk. This scheme is a long-term investment, so you should only invest if you are planning to hold the units for at least 3-5 years.The fund is not suitable for investors who need regular income or who are not comfortable with the volatility of mid-cap stocks.

AMC Contact Details

Name Axis Mutual Fund
Launch Date January 2009
Addresss Axis House, First Floor, C-2, Wadia International Centre, Pandurang Budhkar Marg, Worli, Mumbai - 400025
Contact 8108622211
Email customerservice@axismf.com
Website https://www.axismf.com/

Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.

Make Use of SIPs for Harnessing the Power of Compounding

To take advantage of compound interest, a lot of investors select Systematic Investment Plans (SIPs) for their mutual fund investments. By establishing a fixed amount of money to be invested every month, averaging the cost per unit over time, and mitigating the effects of market volatility, SIPs enable disciplined investing. Try the free mutual fund SIP calculator from Angel One to plan your investment and get an idea of possible returns.

FAQs

What is today's NAV of Axis Midcap Fund Direct Plan IDCW Reinvestment?

NAV, or Net Asset Value, is the price of a single unit of a mutual fund. It is calculated by dividing the current value of holdings held by the mutual fund scheme at the end of the day by the total number of units issued. The NAV changes every day. The NAV of Axis Midcap Fund Direct Plan IDCW Reinvestment May 29 2024 is 53.44