April 14, 2025
mayank
Axis Nifty Midcap 50 Index Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by sahifund.com
NAV Growth: Rs 17.2898
NAV IDCW: Rs 17.2892
Suitable For Which Investors?
When you invest for seven years or more, you can expect gains that comfortably beat the inflation rate as well as returns from fixed income options.
This is a fund that invests in medium-sized companies. Compared to those that invest in larger companies, such funds tend to fall more when stock prices fall. So while you can expect higher returns in the long term, there will be more severe ups and downs along the way.
Like for all equity funds, you must invest only through the SIP route.
Fund’s Investment Strategy:
The scheme seeks to provide returns before expenses that closely corresponds to the total returns of the NIFTY MIDCAP 50 subject to tracking errors.
Fund Manager:
1) Karthik Kumar
Education: Mr. Kumar has done M.B.A, C.F.A, (USA) & B.E (Mechanical)
Experience: Prior to joining Axis Mutual Fund he has worked with SilverTree Hong Kong and Asiya Investment, Hong Kong
Investment Details
| Min. Investment (Rs) | 100 |
| Min. Addl Investment (RS) | 100 |
| Min. SIP Investment (Rs) | 100 |
| Min. Withdrawal (Rs) | — |
| Min. No of Cheques | 6 |
| Min. Balance (Rs) | — |
| Lock-in Period | NA |
| Exit Load | 0.25% for redemption within 7 days |
Basic Details of Axis Nifty Midcap 50 Index Fund
| Fund House | Axis Mutual Fund |
| Launch Date | 28-Mar-22 |
| Return Since Launch | 19.73% |
| Benchmark | NIFTY Midcap 50 TRI |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 396 Cr |
| (As on 31-Mar-2025) | |
| Expense | 0.26% |
| (As on 31-Mar-2025) | |
| Risk Grade | High |
| Return Grade | Above Average |
| Turnover | — |
Trailing Returns (%) of Axis Nifty Midcap 50 Index Fund
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Axis Nifty Midcap 50 Index Dir | -10.62 | 1.68 | 3.15 | -6.49 | -13.58 | 1.26 | 18.50 | — | — | — |
| BSE 150 MidCap TRI | -13.67 | -0.65 | -0.51 | -11.59 | -17.34 | 0.21 | 16.81 | — | — | — |
| Equity: Mid Cap | -13.07 | 1.95 | 2.30 | -9.22 | -15.78 | 2.26 | 16.90 | — | — | — |
| Rank within category | 3 | 45 | 9 | 2 | 6 | 22 | 10 | — | — | — |
| Number of funds in category | 48 | 51 | 49 | 48 | 46 | 41 | 31 | 25 | 21 | 19 |
Peer Comparison of Axis Nifty Midcap 50 Index Fund
| Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | Turnover (%) | |
| Axis Nifty Midcap 50 Index Dir | 3 star | 1.26 | 18.50 | — | 0.26 | 396 | 19.73 | 0.25 (7) | 3Y | — |
| Motilal Oswal Nifty Midcap 150 Dir | 3 star | 0.30 | 17.09 | 31.41 | 0.30 | 1,987 | 24.13 | 1.00 (15) | 5Y 7M | 33.00 |
| Nippon India Nifty Midcap150 Dir | 3 star | 0.06 | 16.87 | — | 0.30 | 1,545 | 20.26 | — | 4Y 1M | 36.00 |
| Edelweiss Nifty Midcap150 Momentum 50 Index Dir | Unrated | -2.60 | — | — | 0.45 | 802 | 21.55 | 0.50 (30) | 2Y 4M | 107.00 |
| Tata Nifty Midcap 150 Momentum 50 Index Dir | Unrated | -3.30 | — | — | 0.40 | 753 | 20.41 | 0.25 (90) | 2Y 5M | 120.44 |
Portfolio Analysis
| No. of Stocks | 50 |
| Top 10 Stocks | 33.96% |
| Top 5 Stocks | 19.64% |
| Top 3 Sectors | 37.88% |
| Portfolio P/B Ratio | 4.63 |
| Portfolio P/E Ratio | 41.67 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 65,382 | 54,845 |
| Giant (%) | — | 3.59 |
| Large (%) | 49.29 | 34.52 |
| Mid (%) | 50.71 | 60.25 |
| Small (%) | — | 4.94 |
| Tiny (%) | — | 0.42 |
Chanakya’s Mutual Fund Guidance For Axis Nifty Midcap 50 Index Fund
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