Axis Midcap Direct Plan Growth

Equity
Mid Cap
Very High Risk
19.02%
3Y annualised
-0.16% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 18 Mar 2024₹100.32
Min. SIP amount₹100
Rating3
Fund size₹25,264.05Cr

Return calculator

Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of 0
Would have become (%)

Returns and rankings

Category: Equity Mid Cap
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns38.2%19.0%21.1%19.4%
Category average48.7%21.9%20.8%NA
Rank with in category352513NA
Understand terms

Holdings (85)

NameSectorInstrumentAssets
ServicesEquity4.72%
ServicesEquity4.26%
TechnologyEquity3.30%
FinancialEquity3.29%
ChemicalsEquity3.27%
Capital GoodsEquity3.04%
AutomobileEquity2.76%
FinancialEquity2.68%
ConstructionEquity2.51%
ChemicalsEquity2.38%
See All

Pros and cons

Category: Equity Mid Cap

Pros

Cons

5Y and 10Y annualised returns higher than category average
Consistently lower annualised returns than category average for the past 1Y and 3Y
Lower expense ratio: 0.54%

Expense ratio, exit load and tax

Expense ratio: 0.54%

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₹100
Min. for 2nd investment onwards₹100
Min. for SIP₹100

Fund management

Nitin Arora
Aug 2023 - Present
View details

Education
Mr. Arora has done M.Sc in Finance and Investments
Experience
Prior to joining Axis Mutual Fund, he has worked with Aviva Life Insurance Company India Ltd., Emkay Global Financial Services Ltd., Nirmal Bang Institutional Equities Ltd. and Bloomberg UTV Ltd..
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
E-mail
NA
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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