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5 star

Axis Midcap Fund


Equity: Mid Cap

1 Lakh

Investment Grown to
₹ 1.46 Lakh

₹ 10000

Monthly SIP Grown to
₹ 5.01 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.

Read more

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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
Fund 2.46 -0.43 -0.68 7.76 21.01 32.34 26.44 13.52 17.74 20.82 --
S&P BSE 150 MidCap TRI 5.43 -0.99 -0.87 10.97 26.97 40.91 26.74 5.09 15.94 19.51 --
Equity: Mid Cap 4.33 -0.65 -0.89 9.59 24.58 37.66 24.12 5.13 14.27 18.80 --
Rank within category 28 9 11 27 27 26 8 1 1 3 --
Number of funds in category 30 30 30 30 30 30 28 22 20 19 16

As on 21-Jan-2021

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 26.44 13.52 17.74 1.89 8,515
DSP Midcap Fund - Regular Plan  | Invest Online
5 star
Nov-06 22.41 7.73 17.05 1.82 9,823
Kotak Emerging Equity Fund Regular Plan  | Invest Online
4 star
Mar-07 21.27 7.14 16.89 1.81 9,016
Invesco India Mid Cap Fund  | Invest Online
4 star
Apr-07 25.24 8.32 15.68 2.26 1,228
PGIM India Midcap Opportunities Fund - Regular Plan
4 star
Dec-13 49.01 11.33 15.59 2.63 604

Best & Worst Performance

Best (Period) Worst (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
Fund 14.53 19.97 0.49 0.55 0.72 8.03
S&P BSE 150 MidCap TRI 7.18 26.81 0.09 0.10 -- --
Equity: Mid Cap 7.05 24.59 0.10 0.12 0.89 0.13
Rank within category 1 1 1 1 1 1
Number of funds in category 23 23 23 23 23 23

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

As on 31-Dec-2020

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 54
Top 10 Stocks (%) 34.97
Top 5 Stocks (%) 19.31
Top 3 Sectors (%) 47.22
Portfolio P/B Ratio 5.32
Portfolio P/E Ratio 36.24

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 36,670 21,989
Giant (%) 14.53 7.29
Large (%) 7.95 5.99
Mid (%) 76.12 80.41
Small (%) 1.39 10.06
Tiny (%) -- 0.45

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
equal Cholamandalam Invest. & Fin. Financial 27.27 4.90 1.05 4.53
equal PI Industries Chemicals 56.53 4.92 0.00 4.01
equal Voltas Cons Durable 78.03 4.22 1.33 3.74
equal Ipca Laboratories Healthcare 26.11 5.51 0.00 3.55
equal Astral Poly Technik Chemicals 113.55 4.36 1.07 3.48
equal Bajaj Finance Financial 76.70 5.92 1.20 3.42
equal HDFC Bank Financial 26.48 4.46 0.00 3.21
equal Avenue Supermarts Services 184.07 5.74 1.21 3.12
equal Endurance Technologies Automobile 51.35 4.40 0.74 2.96
equal Tata Consumer Products FMCG 87.25 3.59 0.00 2.95
equal Mphasis Technology 24.50 3.96 0.00 2.91
equal City Union Bank Financial 31.53 5.72 2.12 2.88
up Supreme Industries Chemicals 48.98 4.36 1.29 2.76
equal Trent Services -- 3.16 1.24 2.56
equal Bata India FMCG -- 4.74 0.00 2.50
equal Balkrishna Industries Automobile 33.97 2.94 0.00 2.49
equal ICICI Bank Financial 27.41 3.06 0.00 2.45
up Coforge Technology 35.38 2.41 0.00 2.36
up Crompton Greaves Consumer Electricals Cons Durable 56.95 2.34 0.00 2.34
up Gujarat Gas Chemicals 25.54 2.01 0.00 2.01
up Coromandel International Chemicals 18.68 1.92 0.00 1.92
equal Whirlpool Cons Durable 106.56 2.37 0.00 1.85
equal ACC Construction 25.41 3.71 0.00 1.82
up JK Cement Construction 30.03 1.69 0.00 1.69
down MindTree Technology 28.99 2.21 0.00 1.63

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-Dec-2020

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:


-0.43%

Change from previous, NAV as on 21-Jan-2021

Growth: ₹ 51.2700

Dividend: ₹ 29.9800


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

Minimum Investment (₹) 5,000
Minimum Addl Investment (₹) 100
Minimum SIP Investment (₹) 500
Minimum No of Cheques 6
Minimum Withdrawal (₹) 1,000
Minimum Balance (₹) 1
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: 17.89%
Benchmark: S&P BSE Mid Cap TRI
Riskometer: Very High
Type: Open-ended
Assets: ₹ 8,515 Cr (As on 31-Dec-2020)
Expense: 1.89% (As on 31-Dec-2020)
Risk Grade: Low
Return Grade: High
Turnover: 40.00%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend20-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

Email: [email protected] / [email protected]

Website: http://www.axismf.com

Registrar & Transfer Agent: KFin Technologies Pvt 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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