August 17, 2026
mayank
Axis Nifty Midcap 50 Index Fund
| Fund at a Glance | |
| NAV Growth (Rs.) | 22.28 |
| NAV IDCW (Rs.) | 22.28 |
| NAV Bonu (Rs.) | — |
| Min. Investment (Rs.) | 100 |
| Min. SIP Investment (Rs.) | 100 |
| Min. No of Cheques | 6 |
| Benchmark | NIFTY Midcap 50 TRI |
| AUM Rs. | 736 Cr |
| (As on 31-Jul-2026) | |
| Expense | 0.20% |
| 1 Year Return (%) | 15.24 |
| 3 Year Return (%) | 19.24 |
| 5 Year Return (%) | — |
| 10 Year Return (%) | — |
| Return Since Launch | 20.10% |
Suitable For Which Investors?
Mid-cap funds are suitable for investors:
1. Seeking exposure in mid-cap stocks for high returns
2. Aiming for long-term wealth creation
3. With a 7+ year investment horizon
4. Who can withstand interim sharp declines in investment value
Note:
• Invest only through SIP
• Being passively managed, the fund replicates the portfolio of its chosen benchmark index
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) Nandik Mallik
Education: Mr. Mallik holds B.Tech degree and has also done PGDM (IIM Calcutta) and MS- Finance (London Business School).
Experience: Prior to joining the Axis MF, he was working with Avendus Capital Public Markets Alternate Strategies LLP, ICICI Prudential Asset Management Company Ltd, Edelweiss AMC, DC India Capital, Credit-Suisse (London), BNP Paribas (London), NM Rothschild (Mumbai) and Fair Isaac (Bangalore).
2) Rohit Gautam
Education: B.Tech. from IIT Bombay, PGDM from IIM Ahmedabad
Experience: Prior to joining the Axis MF, he was associated with IndiaFirst Life Insurance, Shriram AMC, Greater Pacific Capital.
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 | 20.10% |
| Benchmark | NIFTY Midcap 50 TRI |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | 736 Cr |
| (As on 31-Jul-2026) | |
| Expense | 0.20% |
| (As on 31-Jul-2026) | |
| Risk Grade | Above Average |
| Return Grade | Above Average |
| Turnover | — |
Axis Nifty Midcap 50 Index Fund Trailing Returns (%)
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Axis Nifty Midcap 50 Index Dir | 6.34 | 0.07 | 1.53 | 4.95 | 5.77 | 15.24 | 19.24 | — | — | — |
| BSE 150 MidCap TRI | 5.59 | 0.01 | 1.72 | 5.39 | 5.89 | 11.67 | 18.28 | — | — | — |
| Equity: Mid Cap | 7.31 | 0.02 | 1.77 | 5.60 | 7.00 | 12.90 | 19.41 | — | — | — |
| Rank within category | 25 | 15 | 24 | 27 | 26 | 10 | 18 | — | — | — |
| Number of funds in category | 50 | 54 | 53 | 53 | 50 | 45 | 37 | 28 | 23 | 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 out of 5 stars | 15.24 | 19.24 | — | 0.20 | 736 | 20.10 | 0.25 (7) | 4Y 4M | — |
| Motilal Oswal Nifty Midcap 150 Dir | 3 out of 5 stars | 12.31 | 18.69 | 18.35 | 0.22 | 3,911 | 23.23 | 1.00 (15) | 6Y 11M | 22.00 |
| Nippon India Nifty Midcap150 Dir | 3 out of 5 stars | 12.20 | 18.46 | 18.13 | 0.25 | 2,727 | 20.03 | — | 5Y 5M | 24.00 |
| ICICI Pru Nifty Midcap 150 Index Dir | 3 out of 5 stars | 12.15 | 18.38 | — | 0.22 | 1,263 | 17.34 | — | 4Y 7M | 30.00 |
| SBI Nifty Midcap 150 Index Dir | 3 out of 5 stars | 12.15 | 18.44 | — | 0.34 | 1,212 | 20.38 | 0.25 (30) | 3Y 10M | 29.00 |
Axis Nifty Midcap 50 Index Fund Portfolio Analysis
| No. of Stocks | 50 |
| Top 10 Stocks | 32.38% |
| Top 5 Stocks | 19.23% |
| Top 3 Sectors | 56.70% |
| Portfolio P/B Ratio | 4.07 |
| Portfolio P/E Ratio | 36.23 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 81,625 | 67,952 |
| Large (%) | 13.25 | 12.77 |
| Mid (%) | 86.75 | 76.46 |
| Small (%) | — | 11.46 |
Note: Mutual fund investments are subject to market risks, read all scheme-related documents carefully.
Apply Online: https://www.axismf.com/Online/Login OR
https://www.axismf.com/mutual-funds
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