Axis Midcap Fund

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Value Research Rating

2 star

Analyst’s Choice




Very High

₹107.5400 -2.09%

As on 19-Jul-2024


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Calculate SIP Returns of Axis Midcap Fund

Upfront Investment

Monthly SIP Amount

Investment Duration


Risk info

This fund has Very High risk.

Low to Moderate
Moderately High
Very High

As per SEBI's Riskometer.

Portfolio of Axis Midcap Fund

Asset Allocation

Split between different types of investments

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Market Cap Weightage

Split between categories of Equity investments

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Peer Comparison

Other details of Axis Midcap Fund

Assets info

₹30,144 Cr

Exit Load (Days) info

1.00 (365)

Min. Investment (₹)


Min. Withdrawal (₹)


Min. SIP Investment (₹)


Min. No of Cheques


Investment Strategy

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


"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.

Capital Gains Taxation

  • 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.

Dividend Taxation

  • 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.

FAQ for Axis Midcap Fund

Axis Midcap Fund is mandated to invest at least 65 per cent of its assets in mid-cap stocks at all times.

Mutual funds can be bought directly from the website of the fund house. For instance, Axis Midcap Fund fund can be purchased from the website of Axis Mutual Fund. You can also buy mutual funds through platforms like MF Central, MF Utility, among others. However, if you are not comfortable buying mutual funds online, you can seek help of a mutual fund distributor. Most banks also act as mutual fund distributors. So you can connect with your bank for assistance.

The NAV of Axis Midcap Fund is ₹107.5400 as of 22-Jul-2024.

The AUM of Axis Midcap Fund Fund is ₹30,144 Cr as of 30-Jun-2024

The riskometer level of Axis Midcap Fund is Very High. See More

As of 30-Jun-2024, Axis Midcap Fund had invested 98.09% in Equity, 1.13% in Debt and 0.79% in Cash & Cash Eq. See More

Axis Midcap Fund is 13 years 5 months old. It has delivered 19.36% returns since inception. See More

Since Inception

No, There is no lock in period in Axis Midcap Fund.

The expense ratio of Axis Midcap Fund is 1.57.

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