Axis Midcap Fund-Reg(G)
View the direct plan of this scheme
Rs 111.28 -2.36(-2.077 %) NAV as on 20 Dec 2024
Prime Rating:
2.5
Prime Recommendation:
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Fund type:
Equity
AUM (in crores):
₹ 30,329.59
Fund category:
Mid Cap Fund
Fund manager(s):
Shreyash Devalkar, Nitin Arora, Krishnaa N
Benchmark:
BSE 150 MidCap - TRI
Minimum investment:
₹
100
Launch date:
18 Feb 2011
Min. additional investment:
₹ 100
Expense ratio:
1.57 %
Exit load:
Nil for 10% of investments and 1% for remaining investments on or before 12M, Nil after 12M
Scheme Objective: To achieve long term capital appreciation by investing predominantly in equity & equity related instruments of Mid Cap companies.
Performance (As on 20 Dec 2024)
| 6 month returns | 1 year returns | 3 year returns | 5 year returns | Returns since inception | |
|---|---|---|---|---|---|
| Scheme | 2.62 % | 33.46 % | 18.79 % | 22.98 % | 19.01 % |
| Nifty Midcap 150 | 1.37 % | 28.88 % | 24.35 % | 27.50 % | N/A |
Portfolio
Top 10 stock holdings
Allocation (%)
Trent Limited
3.43%
The Indian Hotels Company Limited
3.07%
Persistent Systems Limited
2.92%
Fortis Healthcare Limited
2.89%
Coromandel International Limited
2.3%
Supreme Industries Limited
2.27%
Sona BLW Precision Forgings Limited
2.19%
The Federal Bank Limited
2.01%
PI Industries Limited
2%
UNO Minda Limited
1.92%
About this category
Mid-cap funds invest in stocks from the 101st to the 250th in terms of market capitalisation. As they invest in stocks of smaller companies, they tend to be volatile but can deliver very strong returns during market uptrends. The Nifty Midcap 100, Nifty Midcap 150 or the BSE Midcap can be used as benchmarks to measure performance.
Suitability
Midcap funds suit investors with moderate to high risk appetites. The minimum period for which these funds need to be held is 5 years. Higher risk investors with longer timeframes can allocate more to these funds.
Taxation
