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Axis Midcap Direct Plan IDCW

Equity
Mid Cap
Very High Risk
Payout
21.81%
3Y annualised
+0.95% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 16 May 2022₹37.61
Min. SIP amount₹500
Rating5
Fund size₹17,678.92Cr

Returns and rankings

Category: Equity Mid Cap
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns10.9%21.8%17.1%18.5%
Category average72.8%17.0%15.6%NA
Rank with in category20101NA
Understand terms

Holdings (64)

NameSectorInstrumentAssets
Cholamandalam Investment & Finance Company Ltd.FinancialEquity4.8%
ICICI Bank Ltd.FinancialEquity3.7%
Trent Ltd.ServicesEquity3.3%
Bajaj Finance Ltd.FinancialEquity3.2%
Coforge Ltd.TechnologyEquity3.0%
Astral Ltd.ChemicalsEquity3.0%
Tata Elxsi Ltd.TechnologyEquity2.8%
Mphasis Ltd.TechnologyEquity2.8%
MindTree Ltd.TechnologyEquity2.8%
Avenue Supermarts Ltd.ServicesEquity2.7%
See All

Pros and cons

Category: Equity Mid Cap

Pros

3Y and 5Y annualised returns higher than category average
Higher alpha: 6.17 The fund has generated returns higher than benchmark - S&P BSE 150 MidCap TRI - in the last 3Y
Lower expense ratio: 0.46%

Cons

Higher AUM: 17644Cr. Funds with a higher AUM tend to have lower returns in the future
1Y annualised returns lower than category average by 48.36%

Expense ratio, exit load and tax

Expense ratio: 0.46%

Inclusive of GST

Exit load

For units in excess of 10% of the investment,1% will be charged for redemption within 12 months

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investment₹5,000
Min. for 2nd investment onwards₹100
Min. for SIP₹500

Fund management

Hitesh Das
Dec 2020 - Present
View details

Education
Mr. Das is a PGDM, M.Tech, B.Tech
Experience
Prior to joining Axis Mutual Fund, he has worked with Barclays Securities India Pvt. Ltd., Credit Suisse Securities (India) Pvt. Ltd., Ebusinessware (India) Pvt. Ltd., Yes Bank.
Also manages these schemes

Fund house & investment objective

Fund house contact details

Address
"Axis House" - 1st Floor,C-2 - Wadia International Centre,Pandurang Budhkar Marg , Worli, Mumbai 400025
Phone
022-24255161
Launch Date
04 Sep 2009
Amc Image
Axis Mutual Fund
Asset Management Company
Custodian
Deutsche Bank
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,

Compare funds

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FAQs

How to Invest in Axis Midcap Direct Plan IDCW?

You can easily invest in Axis Midcap Direct Plan IDCW in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps:

  • Log on to your Groww account
  • Search for Axis Midcap Direct Plan IDCW from the search box
  • In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete
  • Once you are done with that, you can start investing in Axis Midcap Direct Plan IDCW as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does Axis Midcap Direct Plan IDCW provide?

The Axis Midcap Direct Plan IDCW has been there from 01 Jan 2013 and the average annual returns provided by this fund is 10.90% since its inception.

How much expense ratio is charged by Axis Midcap Direct Plan IDCW?

The term Expense Ratio used for Axis Midcap Direct Plan IDCW or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund.

The Expense Ratio of Axis Midcap Direct Plan IDCW is 0.46% as of 17 May 2022...

What is the AUM of Axis Midcap Direct Plan IDCW?

The AUM, short for Assets Under Management of Axis Midcap Direct Plan IDCW is ₹17,678.92Cr as of 17 May 2022.

How to Redeem Axis Midcap Direct Plan IDCW?

If you want to sell your Axis Midcap Direct Plan IDCW holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.

Can I invest in SIP and Lump Sum of Axis Midcap Direct Plan IDCW?

You can select either SIP or Lumpsum investment of Axis Midcap Direct Plan IDCW based on your investment objective and risk tolerance.

What is the NAV of Axis Midcap Direct Plan IDCW?

The NAV of Axis Midcap Direct Plan IDCW is ₹37.61 as of 16 May 2022.

What is the PE and PB ratio of Axis Midcap Direct Plan IDCW?

The PE ratio ratio of Axis Midcap Direct Plan IDCW is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

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