Standard Deviation
At 14.25, lower volatility compared to the category average.
Returns:
Overview
A Strategic Investment in Mid-Cap Growth
The Axis Mid Cap Fund - Direct Plan - Growth is a strategic choice for investors looking to capitalize on the growth potential of mid-cap stocks. Here's why this fund is a compelling option
Beta
A value of 0.83, lower volatility compared to similar funds in the market.
Sharpe Ratio
A Sharpe ratio of 0.97 indicates risk adjusted returns.
Treynor’s Ratio
A Treynor ratio of 0.16 indicates risk-adjusted returns.
Performance
The fund has shown strong performance of CAGR since inception of 19.67% vs 18.83% (Benchmark – BSE Midcap 150 TRI).
Strong Investor Base
With 11,63,282 Active Investors and 5,60,911 Active SIPs in July, the fund demonstrates strong investor confidence and a robust investor base.
Cost-Efficiency
It has a relatively lower expense ratio of 0.55% (Direct Plan as on 31st July 2025), ensuring that a larger portion of your investment is put to work.
Expert Management
The fund follows a bottom-up stock selection approach, focusing on scalable and asset-light business models, which are key to thriving in the Mid-cap Space.
Source: Total Expense Ratio (TER) is as on 31st July 2025 for Axis Midcap Fund - Direct Plan. The TER of the Scheme is subject to change at the discretion of AMC within the limits specified in Scheme Information Document. Investors are requested to visit Axis Mutual Fund website to view the current TER of the Scheme at the time of investments
Benefits
The mid cap mutual fund invests predominantly in midcap companies.
Midcap companies have the potential to deliver superior returns due to potential of faster earnings growth.
Having said that, such companies are emerging companies and hence it is crucial to be vigilant about their business and growth prospects and hence carry risk.
Axis Mid Cap Fund has an actively managed portfolio diversified across sectors for keep the risk well managed.
Allows you to complement your portfolio focusing on large cap companies.
Equity as an asset class holds potential to beat inflation and generate long term wealth.
Long-term goals such as children's education & their future, retirement or any other long term growth that needs wealth creation plan.
Investment Objective
To achieve long term capital appreciation by investing predominantly in equity & equity related instruments of Mid Cap companies.
Entry Load, Exit Load & Tax
| If redeemed / switched-out within 12 months from the date of allotment | |
| For 10% of investments | Nil |
| For remaining investments | 1% |
| If redeemed / switched - out after 12 months | |
| From the date of allotment | NIL |
Tax implication
Minimum Investment
This product is suitable for investors who are seeking*
- Capital appreciation over long term.
- Investing predominantly in equity & equity related instruments of Mid Cap companies
*Investors should consult their financial advisers if in doubt about whether the product is suitable for them
Performance
Returns Calculator
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Returns Over The Years
Performance of Axis Mid Cap Fund - Direct Growth as of February 28, 2026
| BSE 150 MidCap TRI | Current Value of Rs.10,000 Invested | |||||
|---|---|---|---|---|---|---|
| Annualised(%) | BSE Midcap 150 TRI Benchmark(%) | Nifty 50 TRI Additional Benchmark(%) | Annualised(₹) | BSE Midcap 150 TRI Benchmark(₹) | Nifty 50 TRI Additional Benchmark(₹) | |
| Since Inception 2013-01-01 | 18.87% | 18.05% | 12.93% | 97,312 | 88,896 | 49,594 |
| 5 Years | 17.65% | 20.08% | 12.93% | 22,564 | 24,992 | 18,379 |
| 3 Years | 21.68% | 23.83% | 14.64% | 18,015 | 18,990 | 15,066 |
| 1 Year | 22.06% | 20.72% | 15.12% | 12,200 | 12,065 | 11,507 |
Performance of SIP
| SIP Investments | Total Amount Invested | Market Value (As on 2026-02-27) | Returns (Annualised) | Benchmark Returns (Annualised) | Additional Benchmark Returns (Annualised) | Benchmark Market Value | Additional Benchmark Market Value |
|---|---|---|---|---|---|---|---|
| Since Inception 18 Feb 2011 | 18,00,000 | 78,54,081.16 | 17.78% | 18.46% | 13.10% | 83,36,350.03 | 52,26,528.80 |
| 5 Years | 6,00,000 | 8,61,884.12 | 14.50% | 17.18% | 11.04% | 9,20,283.80 | 7,91,191.81 |
| 3 Years | 3,60,000 | 4,37,854.48 | 13.20% | 13.30% | 9.28% | 4,38,450.09 | 4,13,671.83 |
| 1 Year | 1,20,000 | 1,25,257.01 | 8.34% | 6.80% | 4.67% | 1,24,295.32 | 1,22,959.96 |
Fund Quants
Portfolio
Asset Cap Mix
Portfolio Summary
No. of stocks
10
Top 10 Stocks (%)
25.11%
Top 5 Stocks (%)
15.25%
Top 3 Stocks (%)
10.56%
Holdings
| Stocks | % of holdings |
|---|---|
| The Federal Bank Limited | 3.98 |
| Fortis Healthcare Limited | 3.85 |
| Multi Commodity Exchange of India Limited | 2.73 |
| GE Vernova T&D India Limited | 2.39 |
| Schaeffler India Limited | 2.3 |
IDCW
| Record Date | Option | IDCW (Per Unit) | NAV (Per Unit) | ||
|---|---|---|---|---|---|
| Individuals/HUF | Others | Cum IDCW | Ex- IDCW | ||
| 2026-01-20 | Dividend | 4.5 | 4.5 | 53.23 | 48.73 |
| 2025-01-17 | Dividend | 4.72 | 4.72 | 56.59 | 51.87 |
| 2024-03-20 | Dividend | 4 | 4 | 50.92 | 46.92 |
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Frequently asked questions
What is Axis Mid Cap fund?
Axis Midcap Fund is an open-ended equity scheme that predominantly invests in mid-cap companies. The fund follows a bottom-up investment approach, focusing on businesses with strong fundamentals, economic moats, and potential to deliver sustainable growth over the medium to long term.
How much does Axis Midcap Fund invest in mid-cap stocks?
As per SEBI regulations, the fund invests at least 65% of its portfolio in mid-cap companies.
What are the risks of investing in Axis Midcap Fund?
Mid-cap companies tend to be more volatile than large-caps. While this creates opportunities for higher growth, it also involves higher risk. The fund mitigates this through diversification and disciplined stock selection.
Is Axis Midcap Fund suitable for SIP (Systematic Investment Plan)?
Yes, investors can start a SIP in Axis Midcap Fund to benefit from disciplined investing and rupee-cost averaging, especially given the volatility of mid-cap stocks.Mutual Fund investments are subject to market risks, read all scheme related documents carefully.
What is the investment objective of Axis Midcap Fund?
To achieve long term capital appreciation by investing predominantly in equity & equity related instruments of Mid Cap companies. There is no assurance that the investment objective of the Scheme will be achieved.
Why should investors consider Axis Midcap Fund?
• Focus on innovative, entrepreneurial companies with strong management.• Bottom-up stock picking to identify businesses with growth potential.• Diversified portfolio with superior liquidity profile.• Consistent risk management embedded in the investment process.• Potential for higher growth compared to large-cap investments.
What is the portfolio focus of Axis Midcap Fund?
The portfolio emphasizes:• Companies with strong fundamentals, economic moats, and distinct competitive advantages.• Businesses showing consistent cash flows and return on equity over 3–5 years.• True-to-label mid-cap allocation with diversified holdings.
Which companies does Axis Midcap Fund avoid?
The fund avoids companies with poor corporate governance and weak financial metrics.
What is the fund manager’s view on mid-caps?
The fund manager believes that India’s long-term growth story, backed by domestic demand, provides attractive opportunities in sectors like consumption, financial services, industrials, IT, healthcare, and hotels. Selective stock-picking remains key to capturing these opportunities.Sector(s)/ Stock(s)/ Issuer(s) mentioned above are for the purpose of disclosure of the portfolio of the Scheme(s) and should not be construed as recommendation.
Who should invest in Axis Midcap Fund?
Investors who:• Want to participate in India’s mid-cap growth potential.• Have a long-term investment horizon of at least 5 years.• Can tolerate higher volatility compared to large-cap funds.
How does Axis Midcap Fund select stocks?
The fund follows a bottom-up approach, selecting companies based on:• Fundamentals and growth visibility.• Experienced management.• Industry leadership or potential to gain market share.• Quality of earnings, cash flows, and RoE
What is the ideal investment horizon for Axis Midcap Fund?
Since mid-cap investing requires time for businesses to realize their growth potential, investors are recommended to stay invested for 5 years or more.
How does Axis Midcap Fund differ from large-cap and small-cap funds?
Axis Midcap Fund invests in mid-sized companies ranked 101st to 250th by market capitalization. These firms offer a balance of growth potential and risk—more dynamic than large-caps but more stable than small-caps.• Large-cap funds focus on the top 100 companies, offering relative stability and lower volatility.• Mid-cap funds (like Axis Midcap) target growing businesses with higher return potential and moderate risk.• Small-cap funds invest in companies ranked 251st and beyond, which can deliver high returns but come with significantly higher volatility.
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