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Axis Nifty Midcap 50 Index Fund

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Returns:
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Overview

Investment Objective

To provide returns before expenses that closely corresponds to the total returns of the NIFTY MIDCAP 50 subject to tracking errors. However, there can be no assurance that the investment objective of the Scheme will be achieved.

Entry Load, Exit Load & Tax

Tax implication

Minimum Investment

Underlying Index Details

This product is suitable for investors who are seeking*

  • Long term wealth creation solution
  • An index fund that seeks to track returns by investing in a basket of Nifty Midcap 50 Index stocks and aims to achieve returns of the stated index, subject to tracking error.
*Investors should consult their financial advisers if in doubt about whether the product is suitable for them
Axis Nifty Midcap 50 Index Fund
Nifty Midcap 50 TRI

Fund Manager

Mr. Karthik Kumar
View Details

Performance

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Returns Over The Years

information

Performance of Axis Nifty Midcap 50 Index Fund - Direct Growth as of February 28, 2026

Nifty Midcap 50 TRICurrent Value of Rs.10,000 Invested
Annualised(%)Nifty Midcap 50 TRI
Benchmark(%)
Nifty 50 TRI
Additional Benchmark(%)
Annualised(₹)Nifty Midcap 50 TRI
Benchmark(₹)
Nifty 50 TRI
Additional Benchmark(₹)
Since Inception
2022-03-28
19.91%21.58%11.48%20,38521,52615,319
5 Years
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3 Years
25.72%26.42%14.64%19,87120,20315,066
1 Year
24.29%24.67%15.12%12,42212,46011,507

Fund Quants

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Tracking Difference

Fund Names1 Year3 Year5 Year10 YearSince Inception
Axis Nifty Midcap 50 Index Fund-0.28-0.67N/AN/A-1.62

Tracking Error

The tracking error of Axis Nifty Midcap 50 Index Fund as of March 16, 2026 is 0.11
Disclaimer : Tracking Error and Tracking Difference data powered by ICRA Analytics (Disclaimer - http://www.icraanalytics.com/legal/standard-disclaimer.html)

Portfolio

information

Asset Cap Mix

Portfolio Summary

No. of stocks
10
Top 10 Stocks (%)
32.89%
Top 5 Stocks (%)
18.98%
Top 3 Stocks (%)
12.66%

Holdings

Stocks% of holdings
BSE Limited5.42
Hero MotoCorp Limited3.63
The Federal Bank Limited3.61
Cummins India Limited3.24
IndusInd Bank Limited3.08
Ashok Leyland Limited2.96
Indus Towers Limited2.88
Lupin Limited2.73
HDFC Asset Management Company Limited2.69
AU Small Finance Bank Limited2.65

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Documents

Leaflet

Schemes pdf

SID

Schemes pdf

KIM

Schemes pdf

Frequently asked questions

What tax rules apply to Axis Nifty Midcap 50 Index Fund?

Long-Term Capital Gains (LTCG): Gains after 1 year are taxed at 12.5% on profits beyond ₹1.25 lakh/year.Short-Term Capital Gains (STCG): Gains within 1 year are taxed at 20%. Holding your investment for over a year can help reduce tax outgo

What is the Axis Nifty Midcap 50 Index Fund?

The Axis Nifty Midcap 50 Index Fund is a passive mutual fund that invests directly in the top 50 midcap companies of the Nifty Midcap 150 Index. Instead of picking individual stocks, the fund aims to accurately track the index, providing a simple, cost-effective way for you to benefit from the growth of India’s mid-cap segment.

How many sectors does Axis Nifty Midcap 50 Index Fund invest in?

The Axis Nifty Midcap 50 Index Fund invests across 15+ sectors providing wide industry exposure, which helps reduce risk. Currently, the top sectors are Financial Services, FMCG, Capital Goods, Power, Consumer Services, Healthcare, Metals & Mining, Services and many more. This broad spread means your investment is not dependent on any one sector’s ups and downs, improving stability and growth potential in long term.

What are the key benefits of investing in Axis Nifty Midcap 50 Index Fund?

Wide diversification: Get exposure to of India’s top 50 midcap companies in one investment.Low cost: Save on fees with a low expense ratio, so more of your money is invested.Easy access: Begin your investment journey with as little as ₹100.Transparency and simplicity: Know what you’re investing in and easily track your portfolio performance.Long-term growth potential: Participate in India’s economic expansion over the years.

What is the minimum amount to start investing in Axis Nifty Midcap 50 Index Fund?

You can begin with just ₹100, either through a lump sum or a Systematic Investment Plan (SIP). This low starting point makes it easy for beginners or those with modest budgets to start building wealth.

What is the expense ratio of Axis Nifty Midcap 50 Index Fund Direct Growth Plan?

Axis Nifty Midcap 50 Index Direct Growth Plan has low expense ratio of 0.26% (as of 31 July 2025). Lower expenses mean more of your money stays invested and working for you, rather than going towards fund management fees.

Is there a lock-in period in Axis Nifty Midcap 50 Index Fund, and can I withdraw anytime?

There is no lock-in period in Axis Nifty Midcap 50 Index Fund. You have full freedom to redeem your money anytime, subject to applicable exit load, giving you flexibility if your financial needs change.

How does Axis Nifty Midcap 50 Index Fund help in building a diversified portfolio?

By investing in India’s emerging top 50 midcap companies across more than 15+ key sectors like Financial Services, FMCG, Capital Goods, Power, Consumer Services, Healthcare, Metals & Mining, Services your portfolio spreads risk effectively. Instead of relying on one or two stocks or sectors, you benefit from the broad market growth of emerging large companies across India’s economy.

How can I invest in Axis Nifty Midcap 50 Index Fund?

You can invest online easily through:• Axis Mutual Fund website or mobile app• Banks• Financial platforms (Groww, Zerodha, Angel One) or distributorsChoose between lump sum or SIP to match your convenience.

How often is the portfolio of Axis Nifty Midcap 50 Index Fund updated?

The Index rebalances twice a year, so it always holds the current companies in the Nifty Midcap 50 Index, keeping your investment aligned with market changes.

How is Axis Nifty Midcap 50 Index Fund different from actively managed funds?

Unlike active funds where managers try to pick winners, this passive fund replicates the Nifty Midcap 50 Index exactly. This means lower costs, higher transparency, and returns that closely mirror the broader market’s performance for this group of companies.

Can you set up SWP (Systematic Withdrawal Plan) or STP (Systematic Transfer Plan) with Axis Nifty Midcap 50 Index Fund?

Yes! You can set up an SWP to receive regular cash payouts, or an STP to transfer money between Axis funds—all designed to give you better control and flexibility over your investments. Note: Sector(s)/ Stock(s) mentioned above are for the purpose of disclosure of the portfolio of the Scheme(s) and should not be construed as recommendation.For individual nature of tax implications, investors are requested to consult their tax advisors before investing.Total Expense Ratio (TER) is of Axis Nifty Midcap 50 Index Fund Direct Growth Plan as on 31 July 2025. 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 (https://www.axismf.com/total-expense-ratio).Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.

Who are some of the top companies in Axis Nifty Midcap 50 Index Fund?

By investing, you become a part-owner in leading mid-cap names, including: BSE Ltd, Max Healthcare Institute Ltd, Persistent Systems Ltd, Coforge Ltd, PB Fintech Ltd and many more. The fund also covers emerging businesses across many sectors, offering significant growth potential.

What is the Nifty Midcap 50 Index and why is it important for investors?

The Nifty Midcap 50 Index tracks 50 of India’s largest and most traded mid-cap companies, selected from the Nifty Midcap 150 Index companies. These are fast-growing businesses spanning more than 15+ key sectors, such as financial services, technology, healthcare, capital goods, real estate, consumer products, chemicals, power, services and more. Investing in this index lets you capture the progress of India’s mid-sized firms, many of which may become tomorrow’s market leaders

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Statutory Details: Axis Mutual Fund has been established as a Trust under the Indian Trusts Act, 1882, sponsored by Axis Bank Ltd. (liability restricted to Rs.1 lakh).Trustee: Axis Mutual Fund Trustee Ltd. Investment Manager: Axis Asset Management Co. Ltd. (the AMC).Risk Factors: Axis Bank Ltd. is not liable or responsible for any loss or shortfall resulting from the operation of the scheme. Past performance may or may not be sustained in future. Please consult your financial advisor before investing.