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Axis Midcap Direct Plan Growth

Equity
Mid Cap
Very High Risk
27.62%
3Y annualised
-0.33% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 29 Nov 2021₹76.33
Min. SIP amount₹500
Rating5
Fund size₹15,987.99Cr

Returns and rankings

Category: Equity Mid Cap
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns45.1%27.6%24.2%21.2%
Category average72.8%17.0%15.6%NA
Rank with in category2031NA
Understand terms

Holdings (64)

NameSectorInstrumentAssets
FinancialEquity4.3%
FinancialEquity4.3%
TechnologyEquity3.4%
TechnologyEquity3.2%
ChemicalsEquity3.2%
FinancialEquity3.1%
FinancialEquity3.1%
ServicesEquity3.1%
Consumer DurableEquity3.0%
TechnologyEquity3.0%
See All

Pros and cons

Category: Equity Mid Cap

Pros

3Y and 5Y annualised returns higher than category average
Higher alpha: 7.94 The fund has generated returns higher than benchmark - S&P BSE Mid Cap TRI - in the last 3Y
Lower expense ratio: 0.46%

Cons

Higher AUM: 15987Cr. Funds with a higher AUM tend to have lower returns in the future
1Y annualised returns lower than category average by 15.41%

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

Shreyash Devalkar
Nov 2016 - Present
View details
Hitesh Das
Dec 2020 - Present
View details

Fund house & investment objective

Fund house contact details

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