Axis Nifty Midcap 50 Index Fund Direct Growth

Axis Nifty Midcap 50 Index Fund Direct Growth

+23.55%
3Y annualised
+2.08% 1D
1M
6M
1Y
3Y
All
NAV: 18 Mar '26
₹19.44
Min. for SIP
₹100
Fund size
₹608.48 Cr
Expense ratio
0.24%

Return calculator

Monthly investment
₹5,000
Over the pastTotal investmentWould've becomeHistoric returnsReturns
3 months₹15,000₹14,520
-3.20%
6 months₹30,000₹28,767
-4.11%
1 year₹60,000₹59,177
-1.37%
3 years₹1,80,000₹2,08,598
+15.89%

Holdings (50)

NameSectorInstrumentsAssets
BSE Ltd.ServicesEquity5.42%
Hero Motocorp Ltd.AutomobileEquity3.63%
The Federal Bank Ltd.FinancialEquity3.61%
Cummins India Ltd.Capital GoodsEquity3.24%
Indusind Bank Ltd.FinancialEquity3.08%
Ashok Leyland Ltd.AutomobileEquity2.96%
Indus Towers Ltd.CommunicationEquity2.88%
Lupin Ltd.HealthcareEquity2.73%
HDFC Asset Management Company Ltd.FinancialEquity2.69%
AU Small Finance Bank Ltd.FinancialEquity2.65%
Suzlon Energy Ltd.Capital GoodsEquity2.53%
Persistent Systems Ltd.TechnologyEquity2.52%
Bharat Forge Ltd.AutomobileEquity2.49%
PB Fintech Ltd.ServicesEquity2.47%
Fortis Healthcare Ltd.HealthcareEquity2.41%
IDFC First Bank Ltd.FinancialEquity2.38%
Max Financial Services Ltd.FinancialEquity2.34%
Polycab India Ltd.Capital GoodsEquity2.22%
One97 Communications Ltd.ServicesEquity2.18%
Dixon Technologies (India) Ltd.Capital GoodsEquity2.12%
Hindustan Petroleum Corporation Ltd.EnergyEquity2.07%
Marico Ltd.Consumer StaplesEquity2.04%
APL Apollo Tubes Ltd.Metals & MiningEquity1.99%
Coforge Ltd.TechnologyEquity1.94%
Bharat Heavy Electricals Ltd.Capital GoodsEquity1.88%
SRF Ltd.ChemicalsEquity1.82%
Yes Bank Ltd.FinancialEquity1.78%
GMR Airports Ltd.ConstructionEquity1.76%
Muthoot Finance Ltd.FinancialEquity1.76%
UPL Ltd.ChemicalsEquity1.75%
Aurobindo Pharma Ltd.HealthcareEquity1.67%
The Phoenix Mills Ltd.ConstructionEquity1.51%
Dabur India Ltd.Consumer StaplesEquity1.50%
Colgate-Palmolive (India) Ltd.Consumer StaplesEquity1.45%
Tube Investments Of India Ltd.AutomobileEquity1.44%
NMDC Ltd.Metals & MiningEquity1.38%
Oil India Ltd.EnergyEquity1.29%
Mphasis Ltd.TechnologyEquity1.28%
Godrej Properties Ltd.ConstructionEquity1.26%
Supreme Industries Ltd.ChemicalsEquity1.25%
Mankind Pharma Ltd.HealthcareEquity1.24%
PI Industries Ltd.ChemicalsEquity1.23%
NHPC Ltd.EnergyEquity1.16%
Prestige Estates Projects Ltd.ConstructionEquity1.15%
SBI Cards And Payment Services Ltd.FinancialEquity1.13%
Jubilant FoodWorks Ltd.ServicesEquity0.99%
Page Industries Ltd.TextilesEquity0.99%
Oberoi Realty Ltd.ConstructionEquity0.87%
Indian Railway Catering & Tourism Corporation Ltd.ServicesEquity0.84%
Oracle Financial Services Software Ltd.TechnologyEquity0.80%
See All

Minimum investments

Min. for 1st investment
₹100
Min. for 2nd investment
₹100
Min. for SIP
₹100

Returns and rankings

Annualised returns
Absolute returns
Name6M1Y3YAll
Fund returns-4.0%+14.2%+23.6%+18.2%
Category average (Equity Mid Cap)-0.0%+2.0%+21.6%--
Rank (Equity Mid Cap)--1312--

Exit load, stamp duty and tax

Exit load

Exit load of 0.25% if redeemed within 7 days.

Stamp duty on investment: 0.005% (from July 1st, 2020)

from July 1st 2020

Tax implication

If you redeem within one year, returns are taxed at 20%. If you redeem after one year, returns exceeding Rs 1.25 lakh in a financial year are taxed at 12.5%.
Check past data

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Fund management

NM
Nandik Mallik
Mar 2026 - Present
View details

Education
Mr. Mallik holds B.Tech degree and has also done PGDM (IIM Calcutta) and MS- Finance (London Business School).
Experience
Prior to joining the Axis MF, he was working with Avendus Capital Public Markets Alternate Strategies LLP, ICICI Prudential Asset Management Company Ltd, Edelweiss AMC, DC India Capital, Credit-Suisse (London), BNP Paribas (London), NM Rothschild (Mumbai) and Fair Isaac (Bangalore).

About Axis Nifty Midcap 50 Index Fund Direct Growth

Axis Nifty Midcap 50 Index Fund Direct Growth is a Equity Mutual Fund Scheme launched by Axis Mutual Fund. This scheme was made available to investors on 04 Sep 2009. Nandik Mallik is the Current Fund Manager of Axis Nifty Midcap 50 Index Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹3,66,904 Cr and the Latest NAV as of 18 Mar 2026 is ₹19.44. The Axis Nifty Midcap 50 Index Fund Direct Growth is rated Very High risk. Minimum SIP Investment is set to ₹100. Minimum Lumpsum Investment is ₹100. Exit load of 0.25% if redeemed within 7 days. ;

Investment Objective

The scheme seeks to provide returns before expenses that closely corresponds to the total returns of the NIFTY MIDCAP 50 subject to tracking errors.
Fund benchmarkNIFTY Midcap 50 Total Return Index

Fund house

Rank (total assets)#7 in India
Total AUM₹3,66,904.00 Cr
Date of Incorporation04 Sep 2009
Phone022-24255161
E-mail--
Launch Date04 Sep 2009
Address23rd Floor, One Lodha Place,S. B. Road, Lower Parel. Mumbai 400013
CustodianDeutsche Bank
Registrar & Transfer AgentKFin Tech
AddressKarvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,