Axis Midcap Fund Growth+1.53%

5
8.95%
1 Year Return
Equity
Mid Cap
5.0star
6M
1Y
3Y
5Y
All

Fund Details

Axis Midcap Fund Growth

RiskModerately High
Min SIP Amount₹500
Expense Ratio2.02%
NAV41.16 (25 Sep 2020)
Fund Started18 Feb 2011
Fund Size6,307 Cr

Fund Overview

Quick overview of Axis Midcap Fund Growth

Returns

1Y
3Y*
5Y*
Since inception*
Axis Midcap Fund Growth
8.9%
10.5%
9.9%
15.9%
Category Average
11.1%
1.7%
NA
-
Rank within category
7
1
2
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    0
    with 8.9% annual returns

    Comparison

    Data not available
    Pros
    1. Risk is lower compared to the benchmark
    2. Lower expense ratio
    3. 1Y Returns are higher than the benchmark
    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
    3. 3Y Returns are lower than the benchmark
    4. 5Y Returns are lower than the benchmark

    Top Holdings

    NameSectorInstrument% Assets
    Ipca Laboratories Ltd.HealthcareEquity5.0%
    PI Industries Ltd.ChemicalsEquity4.5%
    Avenue Supermarts Ltd.ServicesEquity3.7%
    Tata Consumer Products Ltd.FMCGEquity3.6%
    Voltas Ltd.Cons DurableEquity3.6%
    Cholamandalam Investment & Finance Co. Ltd.FinancialEquity3.4%
    Endurance Technologies Ltd.AutomobileEquity3.2%
    Trent Ltd.ServicesEquity3.1%
    Astral Poly Technik Ltd.ChemicalsEquity3.0%
    Mphasis Ltd.TechnologyEquity2.8%
    See All

    Axis Midcap Fund Growth Details

    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 ₹6,307 Cr and the Latest NAV as of 25 Sep 2020 is ₹41.16.

    The Axis Midcap Fund 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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