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Axis Midcap Direct Plan Growth-0.42%

28.22%
1 Year Return
Equity
Mid Cap
5.0star
6M
1Y
3Y
5Y
All

Fund Details

Axis Midcap Direct Plan Growth

RiskModerately High
Min SIP Amount₹500
Expense Ratio0.54%
NAV₹56.57 (21 Jan 2021)
Fund Started01 Jan 2013
Fund Size8,515 Cr

Fund Overview

Quick overview of Axis Midcap Direct Plan Growth

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
28.2%
15.0%
19.2%
19.1%
Category Average
24.1%
5.1%
14.3%
-
Rank Within Category
8
1
1
-
*All returns are annualized.
SIP
ONE TIME
Minimum SIP amount500
Amount Per Month₹5,000
Duration
1Y back
3Y back
5Y back
Would have become
0
with 28.2% returns per annum

Comparison

Data not available
Pros
1. Lower expense ratio - 0.58%
2. 1Y Returns are higher than the category average returns
3. 3Y Returns are higher than the category average returns
4. 5Y Returns are higher than the category average returns
Cons
1. Asset under management(AUM) is more than 5000 Crs. Returns tend to go low once AUM exceeds a certain amount
2. Risk-adjusted returns are lower compared to the category

Top Holdings

NameSectorInstrument% Assets
Cholamandalam Investment & Finance Co. Ltd.FinancialEquity4.9%
PI Industries Ltd.ChemicalsEquity4.4%
Voltas Ltd.Cons DurableEquity4.0%
Ipca Laboratories Ltd.HealthcareEquity3.8%
HDFC Bank Ltd.FinancialEquity3.5%
Bajaj Finance Ltd.FinancialEquity3.4%
City Union Bank Ltd.FinancialEquity3.2%
Astral Poly Technik Ltd.ChemicalsEquity3.1%
Tata Consumer Products Ltd.FMCGEquity2.9%
Trent Ltd.ServicesEquity2.9%
See All

Fund Managers

Hitesh Das
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Axis Midcap Direct Plan Growth Details

Axis Midcap Direct Plan Growth is a Equity Mutual Fund Scheme launched by Axis Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Shreyash Devalkar is the Current Fund Manager of Axis Midcap Direct Plan Growth fund.The fund currently has an Asset Under Management(AUM) of ₹8,515 Cr and the Latest NAV as of 21 Jan 2021 is ₹56.57.

The Axis Midcap Direct Plan Growth is rated Moderately High risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 5000. For units in excess of 10% of the investment,1% will be charged for redemption within 12 months

Investment Objective

The scheme seeks to achieve long term capital appreciation by investing predominantly in equity & equity related instruments of Mid Cap companies.

Tax Implications

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.

Scheme Information Document(SID)

₹5000
Min for First Investment
₹100
Min for Second Investment
For units in excess of 10% of the investment,1% will be charged for redemption within 12 months
Exit Load

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About Axis Mutual Fund

Address
Axis House, 1st Floor, C-2, Wadia International Centre, Pandurang Budhkar Marg, Worli, Mumbai 400025
Phone
022-43255161
Launch Date
04 Sep 2009
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,
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