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5 star

Axis Midcap Fund download report


Equity: Mid Cap

1 Lakh

Investment Grown to
₹ 1.93 Lakh

₹ 10000

Monthly SIP Grown to
₹ 4.97 Lakh

Suitability:

"When you invest for seven years or more, you can expect gains that comfortably beat the inflation rate as well as returns from fixed income options.

This is a fund that invests in medium-sized companies. Compared to those that invest in larger companies, such funds tend to fall more when stock prices fall. So while you can expect higher returns in the long term, there will be more severe ups and downs along the way.

Like for all equity funds, you must invest only through the SIP route. Click here to read a primer on SIP investing.

Warning: Do not invest in this, or any other mid-cap fund, if you need to redeem your investment in less than seven years.

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 1 year from the date of investment, gains upto Rs 1 lakh in a financial year are exempt from tax. Gains over Rs 1 lakh are taxed at the rate of 10%.
  • If the mutual fund units are sold within 1 year from the date of investment, entire amount of gain is taxed at the rate of 15%.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

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(₹)
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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Axis Midcap-G -3.43 0.24 0.76 8.30 7.66 0.96 5.07 24.61 17.20 13.46 20.18
S&P BSE 150 MidCap TRI -0.53 0.24 1.09 8.65 6.41 1.08 6.95 27.87 14.08 14.44 18.55
Equity: Mid Cap -0.65 0.24 0.56 8.31 6.85 1.42 7.12 25.21 12.42 12.34 18.60
Rank within category 29 22 15 18 12 22 21 14 2 4 4
Number of funds in category 33 37 37 37 37 34 31 25 21 20 18

As on 08-Aug-2022

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Axis Midcap Fund
5 star
Feb-11 5.07 24.61 17.20 1.93 18,677
Kotak Emerging Equity Fund Regular Plan  | Invest Online
4 star
Mar-07 9.25 27.36 15.03 1.75 18,259
Nippon India Growth Fund  | Invest Online
4 star
Oct-95 9.18 25.85 14.34 1.89 12,450
SBI Magnum Midcap Fund  | Invest Online
4 star
Mar-05 14.90 30.28 13.46 1.85 7,472
Mirae Asset Midcap Fund - Regular Plan  | Invest Online
4 star
Jul-19 8.79 28.60 -- 1.81 7,173

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 12.16 15-May-2014 - 22-May-2014 -15.58 16-Mar-2020 - 23-Mar-2020
Month 24.14 07-May-2014 - 06-Jun-2014 -29.44 20-Feb-2020 - 23-Mar-2020
Quarter 39.31 21-Feb-2014 - 23-May-2014 -23.54 23-Dec-2019 - 23-Mar-2020
Year 99.63 03-Sep-2013 - 03-Sep-2014 -16.46 27-Feb-2015 - 29-Feb-2016

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Axis Midcap-G 23.75 19.86 1.02 1.14 0.76 2.23
S&P BSE 150 MidCap TRI 27.26 25.02 0.95 1.02 -- --
Equity: Mid Cap 24.98 23.82 0.90 0.95 0.93 -0.53
Rank within category 16 1 4 3 1 4
Number of funds in category 25 25 25 25 25 25

The Risk Measures have been calculated using calendar month returns for the last three years.

As on 31-Jul-2022

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 63
Top 10 Stocks (%) 29.93
Top 5 Stocks (%) 17.05
Top 3 Sectors (%) 36.62
Portfolio P/B Ratio 6.36
Portfolio P/E Ratio 36.66

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 46,748 32,348
Giant (%) 12.91 6.38
Large (%) 15.58 13.26
Mid (%) 71.51 76.05
Small (%) -- 8.23
Tiny (%) -- 3.21

Value Research Fund Style

Sector Allocation vis-à-vis Category

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Top Holdings

Company Sector P/E 3Y High 3Y Low % Assets
down Cholamandalam Investment & Finance Company Financial 26.81 5.78 1.49 4.10
equal ICICI Bank Financial 20.99 4.31 0.00 3.95
up Trent Services 440.91 3.25 2.10 3.21
equal Bajaj Finance Financial 51.55 4.68 1.20 3.03
up PI Industries Chemicals 53.32 4.92 2.23 2.76
up Bata India Consumer Discretionary 237.11 4.74 1.70 2.75
equal Avenue Supermarts Services 134.93 5.74 2.46 2.72
up Astral Materials 82.15 4.36 2.52 2.52
equal Coforge Technology 34.38 4.13 0.00 2.52
equal Tata Elxsi Technology 95.80 2.84 0.00 2.37
equal Page Industries Textiles 101.01 2.35 0.00 2.33
up ABB India Ltd. Capital Goods 76.59 2.27 0.00 2.27
up Supreme Industries Materials 23.47 3.02 1.29 2.26
equal Crompton Greaves Consumer Electricals Consumer Discretionary 39.34 3.65 0.00 2.18
up The Indian Hotels Company Services 192.53 2.17 0.00 2.17
equal Voltas Consumer Discretionary 66.20 4.24 2.15 2.15
up Sona BLW Precision Forgings Automobile 92.46 2.65 0.00 1.99
equal Persistent Systems Technology 38.33 2.48 0.00 1.93
up Ipca Laboratories Healthcare 28.96 5.51 1.51 1.76
equal ACC Materials 30.81 2.28 0.00 1.73
up Schaeffler India Capital Goods 55.51 1.70 0.00 1.70
equal HDFC Bank Financial 20.45 3.48 1.58 1.66
up Coromandel International Chemicals 18.24 2.18 0.00 1.55
up Navin Fluorine International Chemicals 78.24 1.49 0.00 1.49
equal Gujarat Gas Energy 25.74 3.07 0.00 1.47

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 31-Jul-2022

Fund Manager

— Shreyash Devalkar since 23-Nov-2016

Education: Mr. Devalkar is a B.Tech from UDCT Mumbai and PGDM (Management) from JBIMS Mumbai University

Experience: Prior to joining Axis Mutual Fund he has worked with BNP Paribas Mutual Fund as a Fund Manager, IDFC Capital, JP Morgan Services India and Calyon Bank.

Interviews:

Funds Managed:


0.24%

Change from previous, NAV as on 08-Aug-2022

Growth: ₹ 67.6200

IDCW: ₹ 33.0200


Investment Strategy

The scheme seeks to achieve long term capital appreciation by investing predominantly in equity & equity related instruments of Mid Cap companies.

Investment Details

Min. Investment (₹) 5,000
Min. Addl Investment (₹) 100
Min. SIP Investment (₹) 500
Min. No of Cheques 6
Min. Withdrawal (₹) 1,000
Min. Balance (₹) 1
Lock-in Period Not Applicable
Exit Load For units in excess of 10% of the investment,1% will be charged for redemption within 365 days

Basic Details

Fund House: Axis Mutual Fund
Launch Date: 18-Feb-2011
Return Since Launch: 18.12%
Benchmark: S&P BSE 150 MidCap TRI
Riskometer: Very High
Type: Open-ended
Assets: ₹ 18,677 Cr (As on 31-Jul-2022)
Expense Ratio: 1.93% (As on 30-Jun-2022)
Risk Grade: Low
Return Grade: High
Turnover: 25.00%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW25-Feb-20223.1000

 25-Feb-20212.6000
 20-Feb-20201.9922
 14-Feb-20192.1250
 16-Oct-20172.2500
 15-Sep-20162.0000
 11-Sep-20151.7500
 31-Jul-20141.5000

Contact Information

AMC: Axis Asset Management Company Ltd.

Address: "Axis House" - 1st Floor, C-2 - Wadia International Centre, Pandurang Budhkar Marg , Worli, Mumbai - 400025

Phone: 022-24255161

Fax: 022-43255199

Website: http://www.axismf.com

Registrar & Transfer Agent: KFin Technologies Ltd.

Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad - 500016

Phone: 040-44857874

Email: [email protected]

Website: www.karvymfs.com

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