|Min SIP Amount||₹500|
|NAV||₹55.56 (09 Apr 2021)|
|Fund Started||18 Feb 2011|
|Fund Size||₹10,432 Cr|
|Cholamandalam Investment & Finance Co. Ltd.||Financial||Equity||5.7%|
|Voltas Ltd.||Cons Durable||Equity||4.2%|
|PI Industries Ltd.||Chemicals||Equity||3.5%|
|Avenue Supermarts Ltd.||Services||Equity||3.3%|
|Bajaj Finance Ltd.||Financial||Equity||3.2%|
|HDFC Bank Ltd.||Financial||Equity||3.2%|
|Supreme Industries Ltd.||Chemicals||Equity||3.0%|
|Endurance Technologies Ltd.||Automobile||Equity||2.8%|
|JK Cement Ltd||Construction||Equity||2.7%|
Axis Midcap Fund Growth is a Equity Mutual Fund Scheme launched by Axis Mutual Fund. This scheme was made available to investors on 18 Feb 2011. Shreyash Devalkar is the Current Fund Manager of Axis Midcap Fund Growth fund.The fund currently has an Asset Under Management(AUM) of ₹10,432 Cr and the Latest NAV as of 09 Apr 2021 is ₹55.56.
The Axis Midcap Fund Growth is rated Very 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
The scheme seeks to achieve long term capital appreciation by investing predominantly in equity & equity related instruments of Mid Cap companies.
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.